Press release
Customized Premixes Market Forecasted Double-Digit Growth Rate Through 2024
Changing and busy lifestyle of the people seriously affects the eating habit. It causes nutrition deficiency of basic vitamins and minerals in the body and increases the prevalence of numerous diseases. Hence, customized premixes have become the best alternative to fulfill required nutrients’ supply to the body. It is the blend of the macro and micro nutrients which enhances the nutritional value of the desired product. These customized premixes include nutrients such as amino acids, neutraceuticals, vitamins, minerals, herbs, and nucleotides.
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Global Customized Premixes Market: Growth Factors
Customers are more attracted towards the ready meal and convenient foods, which in turn act as the driving factor for the customized premixes market. They prefer multiple ingredients rather than single ingredient by nutrition point of view. Owing to the busy lifestyle, people consume processed foods, which is anticipated to foster the growth of the global customized premixes market. Advertisement and promotional activities also enhance the global customized premixes market.
Global Customized Premixes Market: Segmentation
The global market for customized premixes is segmented on the basis of applications as bakery & confectionery, beverages, dietary supplements, cereals, nutrition products, dairy, and others. Of these, beverages segment is the leading applications segment in the global market. Based on functionality, the global market is further segmented as immunity, skin health, bone health, digestion, energy and others. The skin health functionality segment is dominating the customized premixes market. The customized premixes market is divided on the basis of nutrient as nutraceuticals, vitamins, amino acids, nucleotides, and minerals.
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Global Customized Premixes Market: Regional Analysis
Geographically, the global customized premixes market is segmented as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is one of the leading markets for the customized premixes market. Rising disposal income and changing lifestyles are anticipated to boost the global customized premixes market growth in the near future. However, growing demand for nutritional & healthy products is projected to fuel the market growth. In addition, diversification in eating habit of people in China and India will contribute to the global customized premixes market growth.
Global Customized Premixes Market: Competitive Players
Some of the leading players dominating the global customized premixes market are Stern Vitamin GmbH & Co. Kg, DPO International Sdn. Bhd., Glanbia PLC, Chemische Fabrik Budenheim Kg, Vitablend Netherlands B.V., and The Wright Group. Other key players influencing the global market are Watson Inc., Corbion N.V., Royal DSM N.V., and Farbest Brands. Many companies in the global market are opting for new strategies in order to expand their market revenue. For example, Fenchem introduced FenMixTM—the new vitamin and mineral premix food industry. It is customized premix of the vitamin and mineral in a single homogenous blend.
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Global Customized Premixes Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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