Food Premix Market Latest Sales Figure Signals More Opportunities Ahead

Premix is a powdered blend combined with vitamins and minerals used in fortification. The premix is additional to flour during the milling process and it is also used to make fortified rice kernels. Food premix does not distress the texture, taste, smell, or baking qualities. The global food premix market revenue is expected to rise up to USD XX million by 2025 from the current revenue of USD XX million in 2017, growing at a CAGR of XX%.

Market Dynamics:

The rising demand for fortified custom premixes across the globe backed by the increasing demand for food fortification is expected to be the primary factor driving the market growth during the forecast period. The demand for food fortification has witnessed a significant surge recently, and this spike in demand is attributed to the high rate of disorders occurring from micronutrient deficiency among the population across the globe. Also the risk of malnourishment due to lack of micronutrients intake from food is driving the market. Foods such as flour, wheat, maize, sugar, and vegetable oils are usually fortified with vitamins and minerals with a view to ensuring better health, driving the sustained growth of global food premix market in the foreseeable years.

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However, the demand supply gap that is created due to lack of manufacturers in the global can prove to a major obstacle in the forward momentum of the global food premix market.

Research Snapshot:

Historic Period: 2013-2016
• Base Year: 2017
• Forecast Period: 2018-2025
• Key Segments: Type, Application, Form and Regions
• Key Players: SternVitamin GmbH & Co. KG, Barentz International, Jubilant Life Sciences, WATSON-INC, Prinova Group LLC, Farbest Brands, BASF SE, Koninklijke DSM N.V., and. Lycored Ltd. among others

Market Segmentation:

The global food premix market is segmented on the basis of type, application, form and regions. Based on type, the food premix market can be segmented into vitamins  ,minerals, nucleotides, amino acids, fiber premix and others. On the basis of application, the market can be segmented into early life nutrition/ baby food, food & beverages, pharma OTC drugs, and nutritional improvement programmers, and dietary supplements. Food & Beverage segment is further sub-segmented into pharmaceuticals, nutrition & healthy supplements, food & beverages and bakery products and others. Food & beverage segment is expected to garner highest revenue in the food premix market during the forecast period.

Further, on the basis of form the food premix market is divided into powder and liquids premix. Based on region the market is classifies into North America, Europe, APAC, Latin America and Middle East & Africa.

Market Players:

The global food premix market includes primary participants such as Hexagon Nutrition Pvt. Ltd., Archer Daniels Midland Company, Glanbia plc, Fenchem Biotek Ltd., SternVitamin GmbH & Co. KG, Barentz International, Jubilant Life Sciences, WATSON-INC, Prinova Group LLC, Farbest Brands, BASF SE, Koninklijke DSM N.V., and. Lycored Ltd. among others.

Food Premix Market Key Segment:

On the Basis of Type:
• Vitamin Premix
• Mineral Premix
• Amino Acid Premix
• Nucleotide Premix
• Fiber Premix
• Nutraceutical Premix
• Others

On the Basis of Application:
• Nutrition and Health Supplements
• Dietary Supplements
• Infant Nutrition
• Sports Nutrition
• Clinical Nutrition
• Food and Beverages
• Beverages
• Milk and Milk Products
• Bakery & Confectionary
• Cereals & Snacks
• Others
• Pharmaceuticals
• Others

On the Basis of Form:
• Powder Premix
• Liquid Premix

On the Basis of Region:
• North America
• US
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA

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