Food Premix Market is estimated to be US$ 15.7 Billion by 2034; Growing demand for Functional Food & Supplements to Foster Industrial Growth

Published Date: February 2024

Food Premix help in maintaining immunity, bone health, energy, heart health, weight management, brain health and others. Milling and sieving are the common process of food premix which removes foreign material from raw material.

Growing number of food & beverage industries has become major contribution in target market growth. Implementation of food premix in dietary supplements has further, facilitated the demand for market growth. Growing awareness about health and various benefits about premix is expected to provide lucrative opportunities in Food Premix market growth.

The report Food Premix Market, By Form (Liquid, Powder), By Ingredients (Amino Acids, Minerals, Vitamins, Hydrocolloids, and Others), By Function (Immunity, Bone Health, Energy, Heart Health, Weight Management, Brain Health and Others), By Application (Beverages, Baby Food, Pharma OTC, Dietary Supplements, Dairy Products, Bakery Products, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In September 2021, Piperleaf launched new vegan egg premix ‘Eggish’ a cruelty-free, legume-based and soy-free egg alternative with longer shelf-life. The new launched plant-based egg premix provides proteins and make healthier and eco-friendly choices for consumers.
  • In June 2019, Neovia acquired a Hi Nutrients premix company. This acquisition will help Neovia to strengthen its position in food premix at African market for economic growth with expansion of high value-added products and services.

Analyst View:

Majority of school going children are affected with anemia disease due to lack of essential nutrient in their diet. Use of food premix thus help to provide essential nutrients to health which in turn, facilitate the demand for market growth. Wide variety of health benefits and social media advertising of new launched product by major players is further anticipated to increase the demand for Food Premix market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Food Premix Market, By Form (Liquid, Powder), By Ingredients (Amino Acids, Minerals, Vitamins, Hydrocolloids, and Others), By Function (Immunity, Bone Health, Energy, Heart Health, Weight Management, Brain Health and Others), By Application (Beverages, Baby Food, Pharma OTC, Dietary Supplements, Dairy Products, Bakery Products, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Food Premix Market accounted for US$ 7.6 billion in 2024 and is estimated to be US$ 15.7 billion by 2034 and is anticipated to register a CAGR of 7.50%. The Food Premix Market is segmented based on Form, Ingredients, Function, Application and Region.

  • Based on Form, Food Premix Market is segmented into Liquid, Powder.
  • Based on Ingredients, Food Premix Market is segmented into Amino Acids, Minerals, Vitamins, Hydrocolloids, and Others.
  • Based on Function, Food Premix Market is segmented into Immunity, Bone Health, Energy, Heart Health, Weight Management, Brain Health and Others.
  • Based on Application, Food Premix Market is segmented into Beverages, Baby Food, Pharma OTC, Dietary Supplements, Dairy Products, Bakery Products, and Others.
  • By Region, the Food Premix Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Food Premix Market:

The prominent players operating in the Food Premix Market includes, Archer Daniels Midland Company, Koninklijke DSM NV., Corbion NV, Glanbia Plc., BASF SE, SternVitamin GmbH, Cargill Inc., Hexagon Nutrition Pvt. Ltd., Barentz International B.V., Watson Inc., and others.

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