Vitamin & Mineral Premixes Market by Form (Liquid, Powder), Function (Bone Health, Digestion, Energy), Type, Application - Global Forecast 2024-2030

Vitamin & Mineral Premixes Market by Form (Liquid, Powder), Function (Bone Health, Digestion, Energy), Type, Application - Global Forecast 2024-2030


The Vitamin & Mineral Premixes Market size was estimated at USD 12.85 billion in 2023 and expected to reach USD 14.49 billion in 2024, at a CAGR 13.00% to reach USD 30.25 billion by 2030.

Global Vitamin & Mineral Premixes MarketPremixes are a complex blend of vitamins, minerals, trace elements, and other nutritious additions to food and feed. Vitamins are essential for biological function and are enzyme cofactors in energy metabolism. Surging demand for livestock products worldwide requires increasing feed supplies, sources, and alternatives. According to the Global Feed Survey, 2021, world compound feed production was 1,187 billion tons in 2020 from 1,176 billion in 2019, valued at around USD 400 billion. As per the United Nations Food and Agriculture Organization, by 2050, the demand for food is estimated to increase by 60%, and production of meat is estimated to rise by nearly 70%, aquaculture by 90%, and dairy by 55% by 2050, creating a demand for animal feed. Moreover, using vitamin & mineral premixes for nitrification of food & beverages and their adoption in nutraceuticals have surged with changing consumer preferences. On the other hand, a stringent regulatory framework established for quality control and the risk of side effects and health concerns due to excess consumption of premixes impedes market growth. However, consumer demand for food and feed products with added value is proliferating the use of vitamin & mineral premixes.

Regional Insights

Americas represents a highly developing landscape for the global vitamin & mineral premixes market characterized by rising demand for functional and processed food & beverages owing to the rise in obesity, heart diseases, and other health problems. Awareness initiatives launched by the government regarding the importance of healthy diets make people more aware of manufacturing and using vitamin and mineral premixes. In March 2022, the U.S. Department of Health and Human Services (HHS) and the U.S. Department of Agriculture (USDA) published the Dietary Guidelines for Americans, the nation’s go-to source for nutrition advice. The manufacturers in the region are making continuous efforts to innovate new vitamin and mineral premixes across wide applications such as cereal-based products, nutritional foods, and infant formulas. The growing consumer inclination toward healthy food and the emergence of developing countries as strong feed application consumers are expected to offer significant growth opportunities for players operating in the Asia-Pacific vitamin & mineral premixes market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Vitamin & Mineral Premixes Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Vitamin & Mineral Premixes Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Vitamin & Mineral Premixes Market, highlighting leading vendors and their innovative profiles. These include Archer Daniels Midland Company, Bar-Magen Ltd., Barentz International BV, BASF SE, BRF S.A., Calico by Vivify Company, Cargill, Incorporated, Chemische Fabrik Budenheim KG, Corbion N.V., Dansk Landbrugs Grovvareselskab A.M.B.A., DuPont de Nemours, Inc., Farbest-Tallman Foods Corporation, Fenchem, Glanbia PLC, H Plus Limited, Hellay Australia Pty. Ltd, Hexagon Nutrition Pvt. Ltd., HRS Kimya, Incoltec, Ingredion Incorporated, Innov Ad NV/SA, Jubilant Life Sciences Limited, Kaesler Nutrition GmbH, Koninklijke DSM N.V., Lek Veterina d.o.o., LycoRed Ltd., MILLBÄKER SAS, Nutreco N.V., Nutri-Link Ltd., Piramal Group, Prinova Group LLC, Prosol S.p.A., RITS Lifesciences Private Limited, Roquette Frères S.A., S.I.N. HELLAS, Spansules Pharmatech Pvt Ltd., SternVitamin GmbH & Co. KG, Sweesy Animal Nutrition Co. Ltd., Vetlife Licking Block and Feed Additives LTD, Vitablend Nederland B.V., VITALAC, Wright Enrichment Inc., Zagro, and Zhejiang Weishi Biotechnology Co.,Ltd..

Market Segmentation & Coverage

This research report categorizes the Vitamin & Mineral Premixes Market to forecast the revenues and analyze trends in each of the following sub-markets:

Form
Liquid
Powder
Function
Bone Health
Digestion
Energy
Immunity
Skin Health
Type
Minerals
Vitamin & Mineral Combinations
Vitamins
Application
Bakery Products
Beverages
Cereals
Dairy Products
Dietary Supplements
Feed
Personal Care
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Vitamin & Mineral Premixes Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Vitamin & Mineral Premixes Market?
3. What are the technology trends and regulatory frameworks in the Vitamin & Mineral Premixes Market?
4. What is the market share of the leading vendors in the Vitamin & Mineral Premixes Market?
5. Which modes and strategic moves are suitable for entering the Vitamin & Mineral Premixes Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Vitamin & Mineral Premixes Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for compound feed to improve animal health across economies
5.1.1.2. Increasing demand for vitamins & minerals for fortification of food & beverages
5.1.1.3. Growing incorporation of vitamin & mineral premixes in nutraceutical products
5.1.2. Restraints
5.1.2.1. Regulatory stringency on quality and safety standards associated with premixes
5.1.3. Opportunities
5.1.3.1. Growing introduction of new variety of vitamin & mineral premixes
5.1.3.2. Rising inclination towards customized vitamin & mineral premixes
5.1.4. Challenges
5.1.4.1. Possible side effects and health concerns associated with vitamin & mineral premixes
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Vitamin & Mineral Premixes Market, by Form
6.1. Introduction
6.2. Liquid
6.3. Powder
7. Vitamin & Mineral Premixes Market, by Function
7.1. Introduction
7.2. Bone Health
7.3. Digestion
7.4. Energy
7.5. Immunity
7.6. Skin Health
8. Vitamin & Mineral Premixes Market, by Type
8.1. Introduction
8.2. Minerals
8.3. Vitamin & Mineral Combinations
8.4. Vitamins
9. Vitamin & Mineral Premixes Market, by Application
9.1. Introduction
9.2. Bakery Products
9.3. Beverages
9.4. Cereals
9.5. Dairy Products
9.6. Dietary Supplements
9.7. Feed
9.8. Personal Care
10. Americas Vitamin & Mineral Premixes Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Vitamin & Mineral Premixes Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Vitamin & Mineral Premixes Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Merger & Acquisition
13.3.1.1. Cargill sells feed and premix formulation Software business
13.3.1.2. Vilomix Holding A/S acquires majority shareholding in Spanish premix company Tegasa
13.3.2. Agreement, Collaboration, & Partnership
13.3.2.1. Barrington Nutritionals to partner with WIN America
13.3.2.2. Immune health pre-mixes and custom solutions to stem from nutrileads and royal dsm partnership
13.3.2.3. Cargill Animal Nutrition announces its intention to enter into a strategic partnership with Dutch family-owned animal nutrition group Fuite
13.3.3. New Product Launch & Enhancement
13.3.3.1. The Wright Group Unveils TWG Health & Nutrition
13.3.3.2. SternVitamin releases micronutrient premixes targeting mental health, cognition and insomnia
13.3.4. Award, Recognition, & Expansion
13.3.4.1. ADM unveils new premix line in France
13.3.4.2. LYCAGEL® PREMIX for Plant-Based Softgel
13.3.4.3. Trouw Nutrition, the animal nutrition division of Nutreco, launches its state-of-the-art facility in India, for the first time to serve South Asia.
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Archer Daniels Midland Company
14.1.2. Bar-Magen Ltd.
14.1.3. Barentz International BV
14.1.4. BASF SE
14.1.5. BRF S.A.
14.1.6. Calico by Vivify Company
14.1.7. Cargill, Incorporated
14.1.8. Chemische Fabrik Budenheim KG
14.1.9. Corbion N.V.
14.1.10. Dansk Landbrugs Grovvareselskab A.M.B.A.
14.1.11. DuPont de Nemours, Inc.
14.1.12. Farbest-Tallman Foods Corporation
14.1.13. Fenchem
14.1.14. Glanbia PLC
14.1.15. H Plus Limited
14.1.16. Hellay Australia Pty. Ltd
14.1.17. Hexagon Nutrition Pvt. Ltd.
14.1.18. HRS Kimya
14.1.19. Incoltec
14.1.20. Ingredion Incorporated
14.1.21. Innov Ad NV/SA
14.1.22. Jubilant Life Sciences Limited
14.1.23. Kaesler Nutrition GmbH
14.1.24. Koninklijke DSM N.V.
14.1.25. Lek Veterina d.o.o.
14.1.26. LycoRed Ltd.
14.1.27. MILLBÄKER SAS
14.1.28. Nutreco N.V.
14.1.29. Nutri-Link Ltd.
14.1.30. Piramal Group
14.1.31. Prinova Group LLC
14.1.32. Prosol S.p.A.
14.1.33. RITS Lifesciences Private Limited
14.1.34. Roquette Frères S.A.
14.1.35. S.I.N. HELLAS
14.1.36. Spansules Pharmatech Pvt Ltd.
14.1.37. SternVitamin GmbH & Co. KG
14.1.38. Sweesy Animal Nutrition Co. Ltd.
14.1.39. Vetlife Licking Block and Feed Additives LTD
14.1.40. Vitablend Nederland B.V.
14.1.41. VITALAC
14.1.42. Wright Enrichment Inc.
14.1.43. Zagro
14.1.44. Zhejiang Weishi Biotechnology Co.,Ltd.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. VITAMIN & MINERAL PREMIXES MARKET RESEARCH PROCESS
FIGURE 2. VITAMIN & MINERAL PREMIXES MARKET SIZE, 2023 VS 2030
FIGURE 3. VITAMIN & MINERAL PREMIXES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. VITAMIN & MINERAL PREMIXES MARKET DYNAMICS
FIGURE 7. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY FORM, 2023 VS 2030 (%)
FIGURE 8. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
FIGURE 10. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 12. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. VITAMIN & MINERAL PREMIXES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS VITAMIN & MINERAL PREMIXES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS VITAMIN & MINERAL PREMIXES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES VITAMIN & MINERAL PREMIXES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES VITAMIN & MINERAL PREMIXES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC VITAMIN & MINERAL PREMIXES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC VITAMIN & MINERAL PREMIXES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA VITAMIN & MINERAL PREMIXES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA VITAMIN & MINERAL PREMIXES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. VITAMIN & MINERAL PREMIXES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. VITAMIN & MINERAL PREMIXES MARKET SHARE, BY KEY PLAYER, 2023

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