Press release
Unleashing Vitamins and Minerals: The Staggering Rise of the Premixes Market
Vitamin And Mineral Premixes Market Share
What Is The Projected Market Size Of The Global Vitamin And Mineral Premixes Market And Its Growth Rate?
The vitamin and mineral premixes market has staged a remarkable ascent in recent years, fuelled by a series of potent factors:
• The market expanded from $8.92 billion in 2024 to $9.5 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.5%.
• Conducive factors during this historic period included rising awareness of nutritional deficiency, the proliferation of functional foods, global population growth, the broadening impact of the food and beverage industry, and focused government initiatives for fortification.
• Propelled by a combination of these factors, the market is expected to reach $12.71 billion in 2029 with a notable CAGR of 7.6%.
What Is Driving The Growth In The Vitamin And Mineral Premixes Market?
An increasing consciousness about health is fuelling the growth in the vitamin and mineral premixes market. As individuals become more knowledgeable about health-related issues and practices, there is an emerging demand for personalized products that can fill nutrient gaps and support targeted health needs. In response, vitamin premixes are being deployed more effectively, meeting health needs cost-effectively. For instance, the UK, according to the Office for National Statistics, saw healthcare expenditure reach $354.88 billion (£283 billion) in 2022 - a nominal increase of 0.7% compared to 2021. Such trends underline the increasing role of health awareness in driving the vitamin and mineral premixes market.
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Who Are the Key Players Driving Vitamin And Mineral Premixes Market Growth?
Some of the significant players propelling the growth in this market include:
• Cargill Incorporated
• The Archer-Daniels-Midland Company
• BASF SE
• Koninklijke DSM NV
• Glanbia plc
• Alltech Inc
• Nutreco NV
• Barentz International BV
• Corbion NV
• Kemin Industries Inc.
What Are The Key Trends In The Vitamin And Mineral Premixes Market?
Some of the prevailing trends in the market include:
• Advancements in food processing technologies
• Shift towards clean labels and natural ingredients
• Innovation in delivery formats
• Collaborations and partnerships
• Technology integration in manufacturing
• Focus on addressing mental health through ingredients
What Are The Segments Of The Global Vitamin And Mineral Premixes Market?
Key segments in the market include:
1) By Type: Vitamin And Mineral Combination, Vitamin, Mineral
2) By Form: Dry, Liquid
3) By Application: Feed, Healthcare, Food And Beverages, Personal Care
Which Region Leads The Vitamin And Mineral Premixes Market?
North America was the largest region in the vitamin and mineral premixes market in 2024. However, Asia-Pacific is poised to be the fastest-growing region in the forecast period. The market study illuminates the performance and prospects of markets in Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Vitamin And Mineral Premixes Market Global Market Report?
The report comprehensively covers:
- Market Size Analysis: Detailed examination of the Vitamin And Mineral Premixes Market size across diverse regions, countries, product types, and applications.
- Market Segmentation Analysis: In-depth identification and categorization of various subsegments within the Vitamin And Mineral Premixes Market.
- Key Player Focus: Comprehensive focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Detailed analysis of individual growth trends and prospects in the Market.
- Market Contribution: Examination of contributions of different segments to the overall Vitamin And Mineral Premixes Market growth.
- Growth Drivers: Insights into key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Examination of challenges and risks affecting the Vitamin And Mineral Premixes Market.
- Competitive Developments: Analysis of competitive developments, such as expansions, agreements, and new product launches in the market.
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