Global Food Premix Market Size study, by Form (Powder and Liquid), by Ingredient (Vitamins, Minerals, Amino Acid, Nucleotides and Others), by Application (Early Life Nutrition/Baby Food, Food and Beverages, Medical Nutrition, Sports Nutrition, Fortified Dairy & Beverages, Bakery Products, Pharma OTC Drugs, Dietary Supplements and Nutritional Improvement Programs), by Function (Bone Health, Immunity, Digestion, Vision Health, Energy, Weight Management, Heart Health, Brain Health and Memory and Others) and Regional Forecasts 2022-2028
Global Food Premix Market is valued at approximately USD 1.79 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.4 % over the forecast period 2022-2028. Food premix is a commercially prepared customized blend where each nutrient component is prescaled and precision blended into a premix. Raising awareness of lifestyle-related diseases and increasing prevalence of healthy lifestyle is spuring demand for the food Premix Market. As food premix consists of minerals, vitamins, nucleotides, amino acids, and other functional ingredients it is widely used in fortified food & beverages, baby foods, dietary supplements, and many others which is expected to drive the food premix Market over the forecast period. Food Premix improves product taste, texture, uniformity, and consistency. Steady demand for food products rich in nutrients and vitamins especially after amid pandemics will contribute to raising the demand for food premix. For Instance- According to Council for Responsible Nutrition the sales of nutraceuticals and dietary supplements upscaled by 44% in 2020 as to only 5% in 2019. Manufacturers are focusing on expansion, acquisition and new product launches. For instance- in June 2021, Koninklijke DSM N.V. announced the opening of its newly extended premix manufacturing facility in Poland. The regulation regarding quality standard of nutraceutical food premix products may hamper the growth of the Market.
The key regions considered for the Global Food Premix Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Since the demand for omega fatty acids and protein supplements in the U.S. is anticipated to grow rapidly the demand for food premix is boosted over the forecast period. Positive growth rate of food premix is anticipated in Asia pacific regions majorly in China During the forecast period. The Europe food premix Market is expected to witness significant growth over the forecast period. As the demand for healthy food with better taste increases across the globe, the demand of food premix is lucrative over the forecast period
Major Market players included in this report are:
Glanbia Plc
Archer Daniels Midland Company
Koninklijke DSM N.V.
Jubilant Life Sciences
BASF SE
Farbest Brands
Fenchem Biotek Ltd.
Prinova Group LLC
Watson Inc.
Barentz International
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Form:
Powder
Liquid
By Ingredient:
Vitamins
Minerals
Amino Acid
Nucleotides
Others
By Application:
Early Life Nutrition/Baby Food
Food and Beverages
Medical Nutrition
Sports Nutrition
Fortified Dairy & Beverages
Bakery Products
Pharma OTC Drugs
Dietary Supplements
Nutritional Improvement Programs
By Function:
Bone Health
Immunity
Digestion
Vision Health
Energy
Weight Management
Heart Health
Brain Health and Memory
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Food Premix Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Glanbia Plc
Archer Daniels Midland Company
Koninklijke DSM N.V.
Jubilant Life Sciences
BASF SE
Farbest Brands
Fenchem Biotek Ltd.
Prinova Group LLC
Watson Inc.
Barentz International
Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.
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