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The global customized premixes market grew at a CAGR of around 5% during 2015-2020. Customized premixes comprise blends of vitamins, minerals, amino acids, nucleotides, prebiotics, nutraceuticals, herbs, fibers and other ingredients. They are used to enrich food items with functional components and enhance the overall product formulae. For instance, dairy products are generally fortified with Vitamin D to improve calcium absorption and metabolism. Presently, there is a rise in the demand for customized premixes to manufacture functional food items. This can be accredited to the rising health consciousness, inflating disposable incomes and changing dietary patterns of individuals around the world.
The growing preferences for ready-to-eat (RTE) food items, which are fortified with active nutrients and compounds, are stimulating the adoption of customized premixes worldwide. Moreover, the hectic lifestyle of individuals and the rising trend of on-the-go food consumption are influencing the demand for nutritional bars. This, in confluence with the increasing utilization of customized premixes for manufacturing feed for agricultural animals, is impelling the growth of the market across the globe. Apart from this, the leading players are introducing innovative liquid premixes for the fortification of salad dressings, infant milk formulas, cereals, and dietary supplements. They are also launching products using botanicals with vegan options, which are available in a variety of colors, tastes, and flavors. These products can be delivered based on the consumers’ need for essential nutrients. Besides this, the rising investments in advertising and promotional activities by these players are anticipated to drive the market growth further. Looking forward, IMARC Group expects the global customized premixes market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global customized premixes market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, nutrient type, form, function and application.
Breakup by Nutrient Type:
Breakup by Form:
Breakup by Function:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Wright Enrichment Inc.
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