Nutritional Premixes Market is expected to grow at a CAGR of 5.2% from 2021 to 2028. Nutritional premixes are blends of essential vitamins, minerals, amino acids, and other nutrients that are added to food products to enhance their nutritional value. They are widely used in the food and beverage, dietary supplements, and pharmaceutical industries.
The growth of the market is attributed to the increasing demand for fortified and functional food products, rising health consciousness among consumers, and the growing prevalence of micronutrient deficiencies worldwide. The increasing use of nutritional premixes in infant formula, sports nutrition products, and animal feed is also driving the market growth.
In terms of type, the vitamin premix segment dominated the market in 2020, owing to the high demand for vitamin-fortified food products. The mineral premix segment is also expected to witness significant growth during the forecast period, driven by the increasing use of minerals in dietary supplements and animal feed.
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Market Segmentations:
Global Nutritional Premixes Market: By Company
- Glanbia
- HELLAY Australia
- Steggall Nutrition
- Royal DSM
- The Wright Group
- SternVitamin
- Watson
- Chemische Fabrik Budenheim
- Vitablend Nederland
- Nutricol
- Corbion Purac
Global Nutritional Premixes Market: By Type
- Vitamins
- Minerals
- Nucleotides
- Amino acids
- Nutraceuticals
Global Nutritional Premixes Market: By Application
- Infant Nutrition
- Clinical Nutrition
- Beverages
- Dairy Products
- Bakery & Confectionery
- Nutraceuticals Supplements
- Others
Global Nutritional Premixes Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Nutritional Premixes market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Objectives of Nutritional Premixes Market:
- Increasing efficiency: Nutritional premixes can help manufacturers save time and resources by simplifying the process of adding nutrients to their products.
- Providing cost-effective solutions: Nutritional premixes can be a cost- effective way for manufacturers to add essential nutrients to their products, without having to source and handle individual ingredients.
- Ensuring consistency: Nutritional premixes can help ensure consistent nutrient levels in food products, which is important for meeting regulatory requirements and consumer expectations.
- Enhancing product differentiation: Nutritional premixes can help differentiate products in a crowded marketplace, by offering unique nutritional benefits that appeal to consumers.
- Addressing specific health concerns: Nutritional premixes can be formulated to address specific health concerns, such as heart health, immune support, or gut health.
- Providing a solution for fortification programs: Nutritional premixes can be used to fortify staple foods, such as flour or rice, with essential nutrients to address nutrient deficiencies in populations.
- Developing new products: Nutritional premixes can inspire the development of new food products that are tailored to meet specific nutritional needs or or trends.
- Providing education and support: Nutritional premix suppliers can provide education and support to food manufacturers to help them understand the benefits and applications of premixes in their products.
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