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Elevated Demand For Vitamin And Mineral-Enriched Foods Boosts The Customized Premixes Market: Powering Innovation and Expansion in the Customized Premixes Market by 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Customized Premixes Market Through 2025?
The market size for customized premixes has seen robust growth in the recent past. The anticipated growth from $2.01 billion in 2024 to $2.16 billion in 2025, with a compound annual growth rate (CAGR) of 7.7%, suggests a thriving market. Causes for this growth during the historic period can be traced back to increased health consciousness, modification in eating habits, growth in disposable income, an older population, and a spike in nutritional deficiencies.
What's the Projected Size of the Global Customized Premixes Market by 2029?
In the coming years, the market size for customized premixes is predicted to undergo a significant expansion. The market is anticipated to reach $3.01 billion in 2029, with a compound annual growth rate (CAGR) of 8.7%. Several factors such as the surge in personalized nutrition, the escalation in the functional foods and beverages sector, global population growth, the expansion of online commerce, and supportive government policies are contributing to growth in the forecast period. The forecast period is also expected to witness major trends like a demand for clean label and natural ingredients, preference for plant-based and vegan solutions, an emphasis on immunity-enhancing nutrients, and a rise in the need for convenience and on-the-go products.
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Top Growth Drivers in the Customized Premixes Industry: What's Accelerating the Market?
The surging interest in foods enriched with vitamins and minerals is predicted to fuel the expansion of the customized premixes market. These enriched foods, packed with vital minerals and vitamins, include a wide range of items, from eggs and vegetables to milk and meat. These vitamin-mineral infusions aid the creation of customized premixes, tailored to meet product-specific requirements, cater to nutritional needs, and address nutrient deficiencies. Just to provide an example, a report by Agriculture and Agri-Food Canada, a branch of the Government of Canada, stated in February 2022 that retail sales of fortified or functional foods and beverages in the United States are expected to ascend to $79.1 billion in 2025, a 3.5% increase from 2021. Consequently, the escalating demand for foods enriched with vitamins and minerals is lending momentum to the growth of the customized premixes market.
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What Trends Will Shape the Customized Premixes Market Through 2029 and Beyond?
Leading organizations in the customized premix sector, like Fermenta Biotech with its dedicated premix facility in Kullu, are concentrating their efforts on introducing new product innovation units that excel in the creation of tailor-made premixes. These are employed in a range of areas, including food fortification, dietary supplements, Ready To Use Therapeutic Food (RUTF), and Ready To Use Supplementary Food (RUSF). In an example of this trend, Fermenta Biotech Limited, which is based in India and specializes in the development of customized premixes for multiple applications, has inaugurated a new customized premix production plant in Kullu, Himachal Pradesh. This new establishment is equipped to produce specially designed premixes catering to industries like staple food fortification, dietary supplements, and therapeutic foods.
What Are the Main Segments in the Customized Premixes Market?
The customized premixes market covered in this report is segmented -
1) By Nutrient: Vitamins, Minerals, Amino Acids, Nucleotides, Nutraceuticals, Other Nutrients
2) By Form: Powder, Liquid
3) By Application: Beverages, Dairy, Cereals, Bakery and Confectionery, Nutrition Products, Dietary Supplements
Subsegments:
1) By Vitamins: Water-soluble Vitamins, Fat-soluble Vitamins
2) By Minerals: Macrominerals, Trace Minerals
3) By Amino Acids: Essential Amino Acids, Non-essential Amino Acids
4) By Nucleotides: Purine Nucleotides, Pyrimidine Nucleotides
5) By Nutraceuticals: Herbal Extracts, Functional Foods, Probiotics and Prebiotics
6) By Other Nutrients: Fatty Acids, Fiber, Antioxidants
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Which Top Companies are Driving Growth in the Customized Premixes Market?
Major companies operating in the customized premixes market include Archer Daniel Midland Company, Koninklijke DSM N.V., Vitablend Netherland B.V., Stern Vitamin GmbH & Co. Kg, Wright Enrichment Inc., Glanbia plc, Corbion N.V., Prinova Group LLC, Jubilant Life Sciences Limited, Provimi Animal Nutrition India Pvt. Ltd, Utrix SAL, ADM Animal Nutrition Co., Pristine Organics Private Limited, BI Nutraceuticals, Farbest Brands Corp., Piramal Enterprises Limited., BASF SE, Cargill Incorporated, Archer Daniels Midland Company, Koninklijke FrieslandCampina N.V., Glanbia Nutritionals Plc, Nutreco N.V., Kemin Industries Inc., Watson Inc., Hexagon Nutrition Pvt. Ltd., Barentz International B.V., Stern Ingredients India Pvt. Ltd., Prinova Europe Limited, Farbest-Tallman Foods Corporation
Which Regions Will Dominate the Customized Premixes Market Through 2029?
North America was the largest region in the customized premixes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the customized premixes market market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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