The Global Customized Premixes Market size is expected to reach $2.2 billion by 2027, rising at a market growth of 6.6% CAGR during the forecast period.
Customized premixes are loaded with amino acids, minerals, vitamins, fibers, nutraceuticals, nucleotides, and other ingredients. In addition, these are the finest alternative for providing needed nutrients because they may be used as a single ingredient instead of many components. Nutrient inadequacy is linked to a variety of ailments. Customized premixes come into play at this point to ensure that busy people get enough nutrition. In addition, these premixes have proven to be the ideal answer for people with vitamin deficiencies. Moreover, these personalized premixes combine macro and micronutrients to boost a food product's nutritional value.
A customized premix is a mix of micronutrients that are given to food one at a time. Amino acids, nutraceuticals, vitamins, minerals, and nucleotides are included in these customized premixes. By combining these ingredients in a premix, the weighing procedure is simplified, and the mixing and distribution of these micronutrients throughout the food are improved. Additionally, it aids calcium and phosphorous absorption in the intestine, which is necessary for appropriate bone growth and development. Customized nutrition premixes are usually utilized in powdered form since the powdered form is regarded to be more stable than liquid form. Moreover, they have become one of the most important ingredients in the food business, owing to their cost-effectiveness and high quality in the creation and production of nutritional goods. The nutritional value of a product is enhanced by a combination of macro and micronutrients.
Because of the growing trend of personalized nutrition among consumers, the worldwide customized premixes market is expected to rise rapidly. Micronutrients such as vitamins and minerals are necessary in some proportion to sustain an individual's general health. Micronutrient deficiency can pose major health risks to humans. Increased demand for customized premixes of nutrients like amino acids, phytochemicals, and botanical extracts among food and nutraceuticals makers has stemmed from the growing interest in nutrient-fortified foods.
Customized premixes are utilized to add useful ingredients to food and improve the overall product composition. Dairy products, for example, are frequently fortified with Vitamin D to aid calcium absorption and metabolism. In addition, the demand for customized premixes to make functional food items is on the rise. This can be attributed to increased health awareness, rising disposable incomes, and changing food patterns of people.
People have also become more health-conscious as a result of the COVID-19 pandemic. With increased supplement and vitamin intake than ever before, the pandemic dictates the future of the worldwide customized premix industry. The spread of COVID-19 has resulted in a considerable increase in the use of nutritional supplements to improve immunity. During the outbreak of COVID-19 in various nations, demand for fortified food products skyrocketed. In addition, the rapid spread of the COVID-19 provoked stringent lockdown in numerous parts of the world, hampering a range of industries. Due to lockdowns, gyms and fitness centers were shuttered. Moreover, supply chain disruption, shipping and trade restrictions, and the closure of major manufacturing facilities are just a few of the factors that have impacted the larger economy.
The availability of multiple nutrients in the form of a single product attracts a huge number of individuals towards these customized premixes. In addition, customized premixes are available in a variety of blends, flavors, textures, and colors, and are given on the basis of the number of key nutrients present. Lower costs and custom premix pricing derive from operational economies in custom premix manufacturing, such as decreased component inventory, supply chain complexity, lower quality control expenses, and shorter lead times. Vitamins, minerals, amino acids, and others are among the custom premixes accessible. Herbs, nucleotides, and functional foods are among the ingredients. A customized premix blends a large number of ingredients to improve a product's nutritional content based on the user's needs.
In recent years, people's eating habits have been substantially altered as a result of their shifting and hectic lifestyles. It has resulted in a nutritional shortage, resulting in a lack of basic minerals and vitamins in the body. In addition, nutrient inadequacy is linked to a variety of diseases. Customized premixes come into play at this point to meet the demand for necessary nutrition among busy people. These personalized premixes are a combination of micro and macronutrients that boost a food's nutritional value. Some of the nutrients included in customized premixes include nucleotides, botanicals, minerals, nutraceuticals, vitamins, and amino acids.
The customized beverage premixes are made from naturally sourced ingredients due to which, they are expensive in comparison to other drinks. In addition, the manufacturing and other aspects of these beverages are very complicated, uncertain, and expensive. Moreover, the development of these beverages requires huge investment in research and development, manufacturing equipment, supportive regulatory frameworks, and high consumer demand. Furthermore, the market's development is hampered by the prevalence of low-quality commodities and the massive time required for fixings approval. In addition, rising health risks and high research and development costs would act as barriers.
Based on Form, the market is segmented into Powder and Liquid. In 2020, the Powder segment garnered the maximum revenue share of the Customized Premixes Market. Because of its greater benefits, such as cost-effectiveness, convenient packing, stability, and flexibility, powdered premixes are often favored over liquid premixes. Supplements that are ingested in big numbers are also preferable to powder premixes. End-use sectors like food and beverage and dietary supplements prefer powdered premixes because they are easier to load and handle. In addition, powder premixes are commonly made using spray and freeze-drying techniques. When opposed to freeze-drying, the spray drying method is preferred by businesses due to its quicker cycle time, greater scalability, and lower cost.
Based on Nutrient, the market is segmented into Vitamins, Minerals, Amino Acids, Nucleotides, Nutraceuticals and Others. The Minerals segment acquired a significant revenue share of the Customized Premixes Market in 2020. This is owing to the increasing use of minerals in dairy and cereal goods such as milk, yogurt, cream cheese, and oats. In addition, minerals are beneficial to bone health, neuron transmission, muscular contraction, blood pressure regulation, and immune system health, among other things. Due to the rising incidence of mineral shortages such as iron and zinc, mineral premixes are performing well in the market. The market is growing as people become more aware of the importance of mineral consumption in boosting immunity.
Based on Function, the market is segmented into Energy, Immunity, Bone Health, Skin Health, Digestion and Others. The Immunity segment held a significant revenue share of the Customized Premixes Market in 2020. This is because micronutrients are necessary for a healthy immune system. The most widely used micronutrients for appropriate immune system function include vitamins, selenium, zinc, and iron. Vitamin C and vitamin D are important for strengthening immunity in people. As a result of the spread of COVID-19, there has been a considerable rise in the consumption of nutritious foods to help strengthen immunity
Based on Application, the market is segmented into Food & Beverages, Dietary Supplements, Nutrition Products and Others. Based on Food & Beverages Type, the market is segmented into Beverages, Dairy Products, Cereals, Bakery & Confectionary, and Others. In 2020, the Food & Beverages segment procured the maximum revenue share of the Customized Premixes Market. This is because nutritional drinks, sports drinks, carbonated water, energy drinks, fruit juices, isotonic beverages, and other non-carbonated beverages are all commonly made with customized premixes. In addition, the increasing use of customized premixes in the manufacturing of food goods such as dairy, cereals, bread, and confectionaries would drive segment growth over the forecast years.
| Report Attribute | Details |
|---|---|
| Market size value in 2020 | USD 1.4 Billion |
| Market size forecast in 2027 | USD 2.2 Billion |
| Base Year | 2020 |
| Historical Period | 2017 to 2019 |
| Forecast Period | 2021 to 2027 |
| Revenue Growth Rate | CAGR of 6.6% from 2021 to 2027 |
| Number of Pages | 332 |
| Number of Tables | 594 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
| Segments covered | Form, Nutrient, Function, Application, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, North America emerged as the leading region in the overall Customized Premixes Market by procuring the maximum revenue share. In addition, the regional market is expected to showcase a similar kind of trend even during the forecasting period. The massive growth of the regional market can be attributed to the growing cases of chronic conditions such as diabetes, cancer, and osteoporosis, which is boosting the demand for micronutrient enriched food products.
Free Valuable Insights: Global Customized Premixes Market size to reach USD 2.2 Billion by 2027
The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix; Archer Daniels Midland Company and Koninklijke DSM N.V., Inc. are the forerunners in the Customized Premixes Market. Companies such as Glanbia PLC, SternVitamin GmbH & Co. KG, Prinova Group LLC are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company (ADM Animal Nutrition, Inc.). Koninklijke DSM N.V., Glanbia PLC, Corbion N.V., Piramal Enterprises Limited, Prinova Group LLC, Vitablend Nederland B.V., SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), Wright Enrichment, Inc., and Farbest Brands.
By Form
By Nutrient
By Function
By Application
By Geography
The customized premixes market size is projected to reach USD 2.2 billion by 2027.
Growing health awareness among the global population are driving the market in coming years, however, high cost of customized premixes limited the growth of the market.
Archer Daniels Midland Company (ADM Animal Nutrition, Inc.). Koninklijke DSM N.V., Glanbia PLC, Corbion N.V., Piramal Enterprises Limited, Prinova Group LLC, Vitablend Nederland B.V., SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), Wright Enrichment, Inc., and Farbest Brands.
Yes, The spread of COVID-19 has resulted in a considerable increase in the use of nutritional supplements to improve immunity.
The Vitamins segment acquired maximum revenue share in the Global Customized Premixes Market by Nutrient in 2020, thereby, achieving a market value of $803.7 million by 2027.
The North America market dominated the Global Customized Premixes Market by Region in 2020, and would continue to be a dominant market till 2027.
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