Uploaded on Mar 16, 2021
Vitamin and mineral premixes are a mixture of two or more vitamins, minerals, or both. The increasing demand for functional food & beverages among health-conscious consumers is driving the growth of the global vitamin and mineral premixes market. Moreover, the high level of processing in the food industry results in a loss of nutrients, which is compensated for by the addition of vitamin and mineral premixes.
Vitamin and Mineral Premixes Market Research Report 2023
VITAMIN AND MINERAL PREMIXES
MARKET REPORT 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
VITAMIN AND MINERAL PREMIXES MARKET 2020
Vitamin and Mineral Premixes Market 2020: Industry Survey,
Growth, Competitive
Landscape and Forecasts to 2023
Vitamin and mineral premixes are a mixture of two or more vitamins, minerals, or both. The increasing demand
for functional food & beverages among health-conscious consumers is driving the growth of the global vitamin
and mineral premixes market. Moreover, the high level of processing in the food industry results in a loss of
nutrients, which is compensated for by the addition of vitamin and mineral premixes.
Based on type, the global vitamin and mineral premixes market has been segmented into vitamins, minerals,
and vitamin and mineral blends. The vitamin and mineral blends segment accounted for the maximum market
share in 2017 and is expected to grow at the highest rate during the forecast period. Vitamin and mineral
blends are a cost-effective solution for food manufacturers as they fulfill the requirements of both vitamins and
minerals in a single product.
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VITAMIN AND MINERAL PREMIXES MARKET 2020
MARKET HIGHLIGHTS
The global market for vitamin and mineral premixes has also been classified, by application, as food & beverage,
animal feed, healthcare, and personal care products. The food & beverage segment has further been divided
into bakery products, beverages, dairy products, and others. Moreover, the healthcare segment has been further
classified as nutritional products and dietary supplements. The animal feed segment is expected to dominate
the market due to the widespread use of vitamin and mineral premixes in the fortification of feed. However, the
healthcare segment is expected to register the highest CAGR during the forecast period owing to the increasing
demand for dietary supplements.
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VITAMIN AND MINERAL PREMIXES MARKET 2020
REGIONAL ANALYSIS
On the basis of region, the global vitamin and mineral premixes market has been segmented by North America,
Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to be the largest and fastest-growing
vitamin and mineral premixes market due to the presence of key animal feed manufacturers in the region.
Moreover, the prevalence of malnutrition has led a demand for fortified food products, offering opportunities to
players in the global vitamin and mineral premixes market. Emerging markets such as China and India are
projected to contribute to the growth of the regional vitamin and mineral premixes market.
The vitamin and mineral premixes market in North America is expected to grow substantially due to the
increasing adoption of healthy diets and functional foods by the health-conscious population. In Europe, the
increasing demand for functional beverages along with rising inclination toward dietary supplements is
projected to boost the growth of the vitamin and mineral premixes market. The application of vitamin and
mineral premixes in infant formula and healthcare supplements is expected to boost the growth of the market
in the rest of the world.
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VITAMIN AND MINERAL PREMIXES MARKET 2020
Application & Major Players in this Research:
Vitamin and Mineral Premixes Market Prominent Players:
• Koninklijke DSM NV (Netherlands)
• Corbion NV (Netherlands
• Glanbia PLC (Ireland)
• Wright Enrichment Inc. (US)
• Vitablend Nederland BV (Netherlands)
• Nutreco NV (Netherlands)
• SternVitamin GmbH & Co. KG (Germany)
• Watson Inc. (US)
• Chemische Fabrik Budenheim KG (Germany)
• Farbest Brands (US)
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