Press release
Nutritional Premixes Market to Reach $17.75 Billion by 2031, Growing at 5% CAGR from 2024
According to this latest publication from Meticulous Research®, in terms of value, the nutritional premixes market is projected to reach $17.75 billion by 2031, at a CAGR of 5% from 2024-2031. The growth of the nutritional premixes market is driven by the growing health & wellness trends, the changing food landscape, the increasing demand for fortified food products, the convenience of nutritional premixes, and the rising demand for compound animal feed. However, regulatory structure and intervention and technical problems faced during the storage and handling of nutritional premixes restrain the growth of this market. Additionally, the growing demand for nutrition from the expanding middle-class populations in emerging economies is expected to create growth opportunities for the players operating in the nutritional premixes market.
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Key Players
The key players operating in the nutritional premixes market (Markt für Nährstoffvormischungen) are Koninklijke DSM N.V. (Netherlands), Glanbia Plc (Ireland), BASF SE (Germany), Corbion N.V. (Netherlands), Archer-Daniels-Midland Company (U.S.), Cargill, Incorporated (U.S.), SternVitamin GmbH & Co. KG (Germany), Vitablend Nederland B.V. (Netherlands), Hellay Australia Pty. Ltd. (Australia), Nutreco N.V. (Netherlands), Farbest-Tallman Foods Corporation (U.S.), Jubilant Ingrevia Limited (India), and Cooperative Royal Agrifirm U.A. (Netherlands).
Key Factors Driving Growth in the Nutritional Premixes Market:
Several interconnected drivers are spearheading the nutritional premixes market expansion. A dominant factor is the rising global focus on health and wellness. As consumers become increasingly aware of chronic disease risks and preventive health, there is a growing demand for fortified and functional foods that provide specific nutritional benefits. The global aging population and increasing prevalence of lifestyle-related health issues such as obesity and cardiovascular disorders have intensified interest in nutrition that supports immunity, cognitive health, and overall vitality.
Simultaneously, dietary patterns are undergoing transformation, moving away from simple staples towards more diversified and nutrient-rich diets. This shift is accompanied by rising incomes and urbanization, particularly in emerging economies, where expanding middle-class populations seek convenient, healthy food solutions. Nutritional premixes offer food manufacturers and animal feed producers a versatile, effective way to enhance product nutritional profiles, meeting consumer demands for both health benefits and convenience.
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The Evolving Demand for Customized Premixes in Emerging Markets:
Emerging markets present significant growth opportunities for customized nutritional premixes, fueled by rising health awareness, urbanization, and increasing industrialization. Countries in Asia-Pacific, such as China, India, and Japan, are witnessing rapid demand expansion driven by a rising middle class that seeks fortified foods for different life stages and health needs.
Customized premixes cater to this market by enabling formulation flexibility to tailor nutrient blends suited to local dietary gaps or preferences. For example, in regions where micronutrient deficiencies like vitamin D or B12 are common, premixes can be customized to address these specific needs in staple foods or animal feed products. The convenience and efficiency afforded by premixes accelerate product development, meeting the dynamic consumer demands of emerging economies.
Additionally, the rise of dietary preferences such as veganism and vegetarianism in these regions is increasing the need for premixes that compensate for nutrients typically obtained from animal sources, such as vitamin B12 or specific amino acids. Food manufacturers leverage customized premixes to develop fortified plant-based products that align with such dietary trends while addressing nutritional deficits.
The Role of Personalized Nutrition in Shaping the Premixes Industry:
Personalized nutrition is emerging as a transformative force in the premixes market, shifting the approach from generic fortification to individualized dietary solutions. Advances in technology, including genetic testing, wearable health monitoring devices, and data analytics, empower consumers and manufacturers to craft nutrition plans tailored to personal health profiles, lifestyle factors, and genetic predispositions.
This consumer-centric trend is driving demand for customized premixes designed to support specific health conditions like bone health, cardiovascular support, weight management, and enhanced immunity. Nutritional premixes, due to their versatile and standardized nature, are ideal platforms for integrating personalized nutrients into various food matrices, dietary supplements, and functional beverages.
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Key Questions Answered in the Report:
• What is the current revenue generated by nutritional premixes globally?
• At what rate is the global nutritional premixes demand projected to grow for the next 5-7 years?
• What are the historical market sizes and growth rates of the nutritional premixes market?
• What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Related Reports:
Sports Nutrition Market: https://www.meticulousresearch.com/product/sports-nutrition-market-6023
Feed Premix Market: https://www.meticulousresearch.com/product/feed-premix-market-4083
Lipid Nutrition Market: https://www.meticulousresearch.com/product/lipid-nutrition-market-3045
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