Americas is the dominant market for nutritional premixes, followed by Europe, whereas, APAC is estimated to grow at a faster pace.
With the increasing demand for products that provides specific health benefits, food companies have been seeking premixes that help them to attain desired nutritional profiles for their products.
According to the new report “Nutritional Premixes Market:Type(Nucleotides, Nutraceuticals, Other)Application(Infant Nutrition, Dairy products, Bakery & Confectionary, Nutraceuticals Supplements, Other)Functionally(Bone Health, Beauty, Immunity, Other)Form(Powder, Liquid)-Forecast(2015-2020)”, published by IndustryARC, the nutritional premixes market to reach $1,647.5 Million by 2020 at a high CAGR.
Browse 40 Market Tables, 16 Figures spread through 115 Pages and an in-depth TOC on “Nutritional Premixes Market (2015 – 2020)”
Nutritional premixes are customized blends of various nutrients such as vitamins, amino acids, minerals and so on. These premixes serve the purpose of enhancing the overall nutritional value of food and supplement products. Nutritional premixes have gained prominence in the recent years as the need for fortification has become more pronounced. In addition, the rising need for products with variety of tailored nutritional profiles has expanded the scope of premixes usage in the nutrition industry.
Premixes facilitate fortification of nutrients in the food products and supplements which enables the end-product manufacturers to meet desired nutritional profile for their offerings. In addition, as premixes are tailored solutions with high compatibility; the usage of these blends enhances the production efficiency. Premixes have been gaining prominence in the nutritional supplements and food products industry with proven benefits such as reduced ingredient inventories and quality costs. In addition, with strategic sourcing of nutrients from few suppliers the managing supply chain for product manufacturers is simplified eventually supporting shorter lead time. Driven by the increasing demand for nutritional products, end-product manufacturers have been seeking for cost-effective solutions in their production process to increase their profit margins. Increasing scale of production of nutritional foods and supplements coupled with rising awareness in food industry fuels the adoption of premixes in the coming years.
Americas is the dominant market for nutritional premixes and it is estimated to reach $795.8 Million by 2020 at a CAGR of 7.1% during 2015-2020. Heightened awareness and acceptance regarding advanced fortification methods in this region has been supporting the market growth. APAC region provides huge opportunity for the market players owing to the rise in packaged food production and escalating awareness on nutritious products.
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The major players in this market Include:
- Royal DSM N.V. (The Netherlands)
- Glanbia PLC (Ireland)
- SternVitamin GmbH (Germany)
- Vitablend (The Netherlands)
- Corbion Purac (The Netherlands)
Nutritional premix providers are continuously investing in developing and launching new variants with consistent support from the advancements in biotechnology and food product design. Top two players account for more than 50% of the total market. However, emerging companies have been active in launching innovative products which impacts the dominance of top players in the coming years.
The global nutritional premixes market report provides detailed analysis of the various premix types and their applications.
Various types of Nutritional premixes available in the market include:
- Vitamin premixes
- Mineral premixes
- Nucleotide premixes
- Amino acid premixes
- Nutraceutical premixes
The overall market is also presented from the perspective various premix forms, functionalities and different regions.
The industry as a whole has been focusing on increasing the scope of premixes usage in food and supplement industry. In addition, major players have been emphasizing on raising the levels of flexibility in production and delivery of premixes to provide enhanced customized blends that cater to the nutritional and cost requirements of the food product fortification.
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