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

Report Code: PMI512023 | Publish Date: February 2024 | No. of Pages: 168

Food Premix Market Overview

Food Premix Market was valued at US$ 7.6 Billion in 2024 and is projected to grow at a CAGR of 7.50% to reach US$ 15.7 Billion by 2034.

Premix is the incorporation of minerals & vitamins in fortified products and used in processing of food & beverages. Food premix includes ingredients such as amino acids, minerals, vitamins, hydrocolloids and others.

Growing prevalence of micronutrient deficiency diseases among individual across globe has become major contribution in target market growth. New launched products of baby infant formulas and growing trend of dietary supplements is expected to fruitful the demand for Food Premix market growth in future.

Food Premix Market Dynamics

Growing demand for Functional Food & Supplements to Fuel Market

Growing demand for functional food & supplements has become the major contribution in target market growth. Food premix boost the health of an individual and also improves gut health. Growing demand for wholesome and nutritious supplements have facilitated the demand for market growth. Natural and plant-based food products are in demand due to rising health awareness among consumers which has contributed market growth. Various manufacturers rely on fortification for delivering extra nutrition and functional benefit food premix product which contains amino acids, electroytes, botanicals, prebiotic fibers, proteins which are beneficial for human health.

For instance, in November 2022, Jollywell launched new online nutraceutical brand of clean plant-based nutrition supplement for healthy life. New launched plant-based, non-GMO supplements are formulated with nature’s best quality superfood that are safe for human body. New launched products are Happy Gut – a plant-based multi-enzyme used for digestion problems such as acidity, vomiting. Fit Liver – a plant based liver health supplement used for liver disease patients. Bone Strong – made with four natural ingredients to support joint health and help in reducing inflammation in joints and to improve overall health. Calm Sleep – made of multiple herbs to reduce anxiety and to improve sleep quality. Meta Boost – a fat-burning supplement used to lose excess body fat, to gain lean mass and also slows down metabolism. New launched supplements are safe and made with 100% natural and plant-based product.

Restrains:

However, high cost of raw material used in fortification of food process has restrain the market growth. Strict & stringent regulations regarding quality and standards has hampered the Food Premix market growth.

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Food Premix Market Segmentation

Food Premix Market is segmented based on Form, Ingredients, Function, Application and Region.

Form Insight

On the basis of Form, Food Premix Market is segmented into Liquid, Powder. Powder form segment is expected to dominate the target market growth owing to easy transportation, easy to use with better homogeneity and stability.

Ingredients Insights

On the basis of Ingredients, Food Premix Market is segmented into Amino Acids, Minerals, Vitamins, Hydrocolloids, and Others. Hydrocolloids ingredient segment is expected to dominate the target market growth owing to growing demand for natural ingredients and clean-labelled food with stabilizers or thickeners. Growing awareness about health among individual has boost the segment growth.

Function Insights

On the basis of Function, Food Premix Market is segmented into Immunity, Bone Health, Energy, Heart Health, Weight Management, Brain Health and Others. Weight Management is expected to dominate the target market growth owing to growing obesity in an individual and growing awareness about health.

Application Insights

On the basis of Application, Food Premix Market is segmented into Beverages, Baby Food, Pharma OTC, Dietary Supplements, Dairy Products, Bakery Products, and Others. Dietary Supplements is expected to dominate the target market growth as it meets the daily requirement of nutrients which are essential for human body and are widely used in developed region.

For instance, according to CDC (Centers for Disease Control and Prevention) 2017-2018 data in United States, the use of dietary supplements was around 63.8% in women and about 50.8% in men.

Regional Insights:

On region the Food Premix Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period. Moreover, growing economic status, presence of large number of food processing factories, adoption of dietary supplements and growing demand for nutrition-rich products especially in China and Japan is anticipated to increase demand for Food Premix in the region.

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Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Form  - Liquid, Powder

By Ingredients - Amino Acids, Minerals, Vitamins, Hydrocolloids, 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

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Food Premix Market report based on Form, Ingredients, Function, Application and Region.

Food Premix Market, By Form:

  • Liquid
  • Powder

Food Premix Market, By Ingredients:

  • Amino Acids
  • Minerals
  • Vitamins
  • Hydrocolloids
  • Others

Food Premix Market, By Function:

  • Immunity
  • Bone Health
  • Energy
  • Heart Health
  • Weight Management
  • Brain Health
  • Others

Food Premix Market, By Application:

  • Beverages
  • Baby Food
  • Pharma OTC
  • Dietary Supplements
  • Dairy Products
  • Bakery Products
  • Others

Food Premix Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Food Premix Market Key Players

The key players operating 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.

Food Premix Market Company Profile

  • Archer Daniels Midland Company*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke DSM NV
  • Corbion NV
  • Glanbia Plc
  • BASF SE
  • SternVitamin GmbH
  • Cargill Inc.
  • Hexagon Nutrition Pvt. Ltd.
  • Barentz International B.V.
  • Watson Inc.

“*” marked represents similar segmentation in other categories in the respective section

Recent Development:

  • In March 2023, Vilomix acquired 75% of Vitamix a Brazilian premix and minerals-company. This acquisition will strengthen the Vilomix position in sales of customized premix and feed additives solution in market.
  • In December 2022, Prinova launched new food premixes for dairy replacement products for plant-based revolution. The new launched product is plant-based with nutrient rich premixes made with plant-based milk from Prinova’s pea protein product.
  • In April 2022, SternVitamin launched new micronutrient food premixes on consumers growing demand at Vitafoods. The new launched product ‘SternGut’ premix is the combination of prebiotics, fibers, immune strengthening micronutrients and immune modulating properties which helps in supporting the gut-associated immune system.

Food Premix Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Form
      • Market Snippet, By Ingredients
      • Market Snippet, By Function
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Food Premix Market, By Form
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Liquid
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Powder
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. Food Premix Market, By Ingredients, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Amino Acids
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Minerals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Vitamins
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Hydrocolloids
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. Food Premix Market, By Function, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Immunity
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Bone Health
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Energy
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Heart Health
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Weight Management
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Brain Health
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  8. Food Premix Market, By Application, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Beverages
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Baby Food
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Pharma OTC
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Dietary Supplements
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Dairy Products
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Bakery Products
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  9. Food Premix Market, By Region, 2022 – 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Ingredients, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Ingredients, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Ingredients, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Ingredients, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Ingredients, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Function, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  2. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  3. Company Profiles
  • Archer Daniels Midland Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke DSM NV.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Corbion NV
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Glanbia Plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SternVitamin GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cargill Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hexagon Nutrition Pvt. Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Barentz International B.V
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Watson Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Food Premix Market is segmented into Form, Ingredients, Function, Application and Region.

Food Premix Market is driven by factors like growing demand for functional food & supplements.

By region, the Food Premix Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating 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.

Food Premix Market accounted for US$ 6.69 billion in 2022 and is estimated to be US$ 13.8 billion by 2032 and is anticipated to register a CAGR of 7.5%.