DUBAI, UAE, July 21, 2020 /PRNewswire/ -- The customized premixes market is scheduled to expand at a healthy 7.3% CAGR from 2020-2030, concludes Future Market Insights in its report on the subject.
Rising concerns over nutrient losses during food processing have tipped off manufacturers who are capitalizing on introducing customized flavors with the objective of re-enriching foods post-processing. Additionally, consumption of functional foods is increasing due to increasing awareness about consuming a healthy diet.
Heightened concerns about health issues such as gastrointestinal tract infections is boosting the growth of customized premixes. The consumption of these foods aid several microorganisms residing within the GI tract in maintaining a balance in immunological, physiological and nutritional functions.
Customized premixes are usually used in the powdered form due to their relative stability. Powdered premixes cover a variety of food applications such as low-fat milk powders, health drink powders, etc.
"Increasing demand for fortified foods due to increasing consumer awareness about various nutrient-rich products for improving texture, color and taste shall drive the customized premixes market growth," says an FMI analyst.
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Key Takeaways from FMI's Customized Premixes Market Report
- Customized premixes market shall reach a value of US$ 2.0 Bn by 2030
- Powdered customized premixes usage shall surge due to ease of application across the forecast period
- North America shall dominate the global customized premixes market
- Market players are increasing their forays across untapped regions to expand their business prospects in the long-run
Customized Premixes Market- Key Trends
- Surging popularity of packaged foods is catapulting customized premixes applications across the food & beverage industry
- Extensive advertising and sales promotion through social media platforms will extend product outreach
- Rising consumption of ready-to-eat foods in the developing world shall heighten customized premixes market prospects in the forecast period
Customized Premixes Market- Region-wise Analysis
- North America shall account for the maximum revenue share due to rising demand for nutritious and functional foods
- Europe shall register moderate sales initially but will eventually gather momentum as awareness increases
- Latin America and Middle East & Africa are still in the fledgling stage
- Asia-Pacific shall register a leading share due to a large population base
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Customized Premixes Market- Competitive Landscape
Prominent players in the customized premixes market landscape are: Cargill Foods, The Wright Group, Farbest Brands, Vitabend, DSM Foods, Stern Vitamins GmbH, Glanbia plc, Arla and Corbion. The companies concentrate on offering innovative flavor mixes to expand their customer base.
For instance, Cargill foods manufactures the Provimi series of additives, premixes and specialties in the animal feed segment, especially piglet feeds. Likewise, Stern Vitamins offers the SternGut and SternReload for strengthening the immune system and providing energy boost. The latter is derived from a combination of Vitamins B12 and C as well as from natural caffeine from green coffee beans.
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Customized Premixes Market Taxonomy
Nutrient
- Vitamins
- Minerals
- Amino Acids
- Nutraceuticals
- Nucleotides
Application
- Beverages
- Dairy
- Cereals
- Bakery & Confectionery
- Nutrition Products
- Dietary Supplements
Form
- Powder
- Liquid
Functionality
- Bone Health
- Skin Health
- Energy
- Immunity
- Digestion
Region/Country
North America
- U.S
- Canada
Latin America
- Brazil
- Mexico
- Rest of LATAM
Europe
- EU-5
- BENELUX
- Nordic countries
- Russia
- Poland
- Rest of Europe
East Asia
- Japan
- China
- South Korea
South Asia
- India
- Thailand
- Malaysia
- Indonesia
- Singapore
- Rest of South Asia
Oceania
- Australia
- New Zealand
Middle East & Africa
- GCC
- South Africa
- North Africa
- Rest of MEA
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Get Valuable Insights into Customized Premixes Market
Future Market Insights, in its new report, presents an unbiased analysis of the global customized premixes market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. 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. Based on functionality, the global market is further segmented as immunity, skin health, bone health, digestion, energy and others. The market is divided on the basis of nutrient as nutraceuticals, vitamins, amino acids, nucleotides, and minerals. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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