Market Overview

Food Premix Market - Global Forecast to 2023: Expanding Middle Class in Emerging Economies with Demand for Nutrition


Food Premix Market - Global Forecast to 2023: Expanding Middle Class in Emerging Economies with Demand for Nutrition

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DUBLIN, Aug. 23, 2018 /PRNewswire/ --

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The "Food Premix Market By Type and By Application - Global Opportunity Analysis and Industry Forecast (2018-2023)" report has been added to's offering.

Global food premix market is expected to reach USD 1,906.5 million by 2023, at a CAGR of 6.5% during the forecast period of 2018 to 2023.

The growth of this market is mainly attributed to growing health and wellness trend, increasing demand for fortified food products, and food premixes' convenience in usage as a single ingredient over multiple ingredients. In addition, expanding middle class in emerging economies with demand for nutrition provides significant opportunity for the manufacturers in the global food premix market. However, regulatory structure and intervention and technical problems during storage and handling procedures hinder the growth of this market to some extent.

The study offers a comprehensive analysis of food premix market with respect to various product types and applications. The global food premix market is segmented on the basis of type (vitamin premix, mineral premix, amino acid premix, nucleotide premix, fiber premix, nutraceutical premix, and others), form (powder and liquid), and application (nutrition and health supplements, food and beverages, pharmaceuticals, and others).

Vitamin premixes dominated the global food premixes market in 2017. The growth of this segment is mainly attributed to increasing consumer preferences for blends of different functional ingredients, growing consumption of vitamin supplements due to rising number of vitamin deficiency cases, and increasing demand for vitamin fortified food products.

Nutrition and health supplements segment captured a major share of global food premix market in 2017. However, food and beverages segment anticipated to grow at a lucrative rate due to large number of functional benefits offered by food premixes to food product and rising demand of fortified food and beverages products.

Geographically, the market is segmented into five major geographies, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific (APAC) is estimated to be the fastest growing region due to growing food and beverages industry, growing economy, improving healthy lifestyle, and increasing demand for fortified food products in emerging and developing Asian countries.

Scope of the Study

Market, by Type

  • Vitamin Premix
  • Mineral Premix
  • Amino Acid Premix
  • Nucleotide Premix
  • Fiber Premix
  • Nutraceutical Premix
  • Others

Market, by Form

  • Powder Premix
  • Liquid Premix

Market, By 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

Key questions answered in the report

  • Which are the high growth market segments in terms of type, form, application, and region/countries?
  • What was the historical market for food premix across the globe?
  • What are the market forecasts and estimates for the period 2018-2023?
  • What are the major drivers, restraints, opportunities, and challenges in the global food premix market?
  • Who are the major players in the global food premix market?
  • How is the competitive landscape and who are the market leaders in the global food premix market?
  • What are the recent developments in the global food premix market?
  • What are the different strategies adopted by the major players in the global food premix market?
  • What are the geographical trends and high growth regions/ countries?
  • Who are the local emerging players in the global food premix market and how do they compete with the global players?

Companies Mentioned

  • BASF SE (Germany)
  • Corbion N.V. (The Netherlands)
  • Farbest-Tallman Foods Corporation (U.S.)
  • Glanbia Plc (Ireland)
  • Hellay Australia Pty. Ltd (Australia)
  • Jubilant Life Sciences Ltd. (India)
  • Koninklijke DSM N.V. (The Netherlands)
  • SternVitamin GmbH & Co. KG (Germany)
  • Vitablend Nederland B.V. (The Netherlands)
  • Watson Foods Co. Inc. (U.S.)
  • Wright Enrichment Inc. (U.S.).

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