IMARC Group, a leading market research company, has recently released a report titled “Customized Premixes Market Report by Nutrient Type (Vitamins, Minerals, Amino Acids, Nucleotides, Nutraceuticals, and Others), Form (Powder, Liquid), Function (Bone Health, Skin Health, Energy, Immunity, Digestion, and Others), Application (Food and Beverages, Dietary Supplements, Nutrition Products, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the global customized premixes market trends, share, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global customized premixes market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.71% during 2024-2032.
Global Customized Premixes Market Trends:
The rising demand for clean-label products, as consumers seek foods and beverages (FB) with natural, simple, and easily recognizable ingredients, is creating a positive outlook for the market.
Additionally, the growing interest in plant-based and allergen-free premixes, catering to the expanding vegan and allergy-conscious consumer segments, is favoring the market growth.
Moreover, the growing focus on mental wellness and cognitive health, leading to the inclusion of ingredients such as adaptogens, nootropics, and omega-3 fatty acids in customized premixes, is fueling the market growth.
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Factors Affecting the Growth of the Customized Premixes Industry:
- Increasing Demand for Functional and Fortified Foods:
The growing awareness of health and wellness, driving the demand for functional and fortified foods, is one of the major factors boosting the market growth.
Moreover, the rising consumer preference for food products that offer additional health benefits beyond basic nutrition is fueling the market growth. In line with this, the rising popularity of customized premixes, which include a blend of vitamins, minerals, amino acids, nucleotides, and other functional ingredients, allowing food manufacturers to meet this demand by enhancing the nutritional profile of their products, is catalyzing the market growth.
- Growth in the Food and Beverage (FB) Industry:
The continuous need for innovation in product offerings that cater to diverse consumer tastes and dietary requirements in the food and beverage industry is fostering the market growth. In line with this, the increasing adoption of customized premixes as it provides food and beverage manufacturers with the flexibility to develop new products or enhance existing ones with specific nutrient profiles, is strengthening the market growth.
Moreover, the increasing popularity of ready-to-eat (RTE) and convenience foods, driving the need for fortified and functional ingredients that can be easily incorporated into these products, is enhancing the market growth.
- Rapid Technological Advancements in Nutrient Formulation:
The development of advanced blending technologies, microencapsulation, and precision formulation techniques that enable manufacturers to create premixes with enhanced stability, bioavailability, and efficacy is fostering the market growth. These innovations allow for the inclusion of sensitive ingredients such as probiotics, omega-3 fatty acids, and other bioactive compounds, which can degrade or lose potency during processing or storage.
Additionally, rapid advancements in analytical techniques that improve the ability to design customized premixes that meet specific nutritional requirements with precise dosages of vitamins, minerals, and other nutrients are bolstering the market growth.
Customized Premixes Market Report Segmentation:
By Nutrient Type:
- Vitamins
- Minerals
- Amino Acids
- Nucleotides
- Nutraceuticals
- Others
Vitamins constituted the largest segment as they are essential for various of bodily functions and are frequently added to various food products for fortification.
By Form:
- Powder
- Liquid
Powder accounted for the largest market share owing to its versatility, ease of blending with other ingredients, and extended shelf life.
By Function:
- Bone Health
- Skin Health
- Energy
- Immunity
- Digestion
- Others
Energy represented the largest segment as consumers seek products that offer an immediate and sustained energy boost for active lifestyles and busy schedules.
By Application:
- Food and Beverages
- Dietary Supplements
- Nutrition Products
- Others
The food and beverage (FB) sector constituted the largest segment as it includes a wide range of products that benefit from nutrient fortification, such as everyday snacks and specialized health drinks.
Regional Insights:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
North America's dominance in the customized premixes market is attributed to its high consumer awareness, advanced food processing industries, and significant demand for fortified and functional foods.
Competitive Landscape with Key Players:
The competitive landscape of the customized premixes market size has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
- Archer-Daniels-Midland Company
- Chemische Fabrik Budenheim KG
- Corbion N.V.
- Farbest Brands
- Glanbia Plc
- Koninklijke DSM N.V.
- Piramal Enterprises Ltd.
- Prinova Group LLC (NAGASE CO. LTD.)
- SternVitamin GmbH Co. KG
- Utrix S.A.L
- Vitablend Netherlands B.V.
- Wright Enrichment Inc.
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Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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