Press Release

Nov, 29 2023

Diverse Customized Premixes Thrive: Unveiling Market Dynamics and Growth Trends by Varied Types and Applications

The customized premixes market, categorized by types such as vitamins, minerals, nutraceuticals, amino acids, nucleotides, and others, showcases a diverse range of applications. From enriching food products and dietary supplements to fortifying beverages and animal feed, the market extends its influence into pharmaceuticals and more. This versatility reflects a growing demand for tailor-made nutritional solutions across various sectors, driven by a heightened focus on health and wellness in consumer choices and the evolving needs of diverse industries.

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Data Bridge Market Research analyses that the Global Customized Premixes Market, which was USD 1,815.93 million in 2022, is expected to reach USD 2,831.81 million by 2030 and is expected to undergo a CAGR of 5.7% during the forecast period of 2023-2030. Stringent regulations prioritizing animal health and nutrition act as a key driver for the customized premixes market, stimulating increased adoption in the animal feed sector. Compliance with these regulations enhances the demand for tailored nutritional solutions in the feed industry.

Key Findings of the Study    

Customized Premixes Market  

Growing awareness of health benefits is expected to drive the market's growth rate

The growing awareness of health benefits, particularly in skin care and hair care, serves as a prominent driver for the customized premixes market. As consumers become more conscious of the connection between nutrition and overall well-being, there is an increased demand for customized premixes that offer tailored solutions for enhancing skin and hair health. This heightened awareness propels market growth, reflecting a shift in consumer preferences towards holistic approaches to personal care through specialized nutritional formulations.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Vitamins, Minerals, Nutraceuticals, Amino Acids, Nucleotides, and Others), Product Type (Blended/Fortified and Original), Product Category (Conventional, Clean Labeled Ingredient), Form (Powder, Liquid), Function (Immunity, Weight Management, Energy, Bone Health, Digestion, Skin Health, and Others), Application (Food Products, Dietary Supplements, Beverages, Animal Feed, Pharmaceuticals, and Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

DSM (Netherlands), Prinova Group LLC. (U.S.), PURATOS (Belgium), Provimi Animal Nutrition India Pvt. Ltd. (India), Vitablend (Netherlands), Corbion (Netherlands), DPO International (Malaysia), Budenheim (Germany), Hexagon Nutrition Pvt. Ltd. (India), Oy Karl Fazer Ab. (Finland), Glanbia plc (Ireland), ADM (U.S.), Buddy Nutrition (U.S.), SternVitamin GmbH & Co. (Germany) KG, Wright Enrichment Inc (U.S.), Fenchem (China), Royal Agrifirm Group (Netherlands), Pristinepremixes (India), and Jubilant life sciences Pvt Ltd (India) among others.

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The global customized premixes market is segmented on the basis of type, product type, product category, form, function, and application.

  • On the basis of type, the global customized premixes market is segmented into vitamins, minerals, nutraceuticals, amino acids, nucleotides, and others. The vitamins segment dominates the customized premixes market with a market share of 32.85%  and is driven by increasing consumer awareness of the essential role of vitamins in nutrition

The vitamins segment of the type segment is expected to dominate the customized premixes market during the forecast period of 2023-2030

The vitamins segment is expected to dominate the customized premixes market with a market share of 32.85% and is driven by increasing consumer awareness of the essential role of vitamins in nutrition. Growing demand for personalized health solutions and fortified products further propels the prominence of vitamin-based customized premixes.

  • On the basis of product type, the global customized premixes market is segmented into blended/fortified and original. The blended/fortified segment dominates the market with a market share of 62.65% with enhanced nutritional content, catering to evolving consumer preferences for enriched products
  • On the basis of product category, the global customized premixes market is segmented into conventional, clean labeled ingredient. The conventional segment's dominance in the customized premixes market  with a market share of 68.61% is attributed to its widespread acceptance and application, reflecting consumer trust and familiarity, making it a preferred choice across industries
  • On the basis of form, the global customized premixes market is segmented into powder, liquid. The powder segment is expected to dominate the customized premixes market with a market share of 68.61% due to its versatility, ease of formulation, and longer shelf life

The powder segment of the form segment is expected to dominate the customized premixes market during the forecast period of 2023-2030

The powder segment is expected to dominate the customized premixes market with a market share of 68.61% due to its versatility, ease of formulation, and longer shelf life. Powdered premixes offer convenient handling, storage, and diverse applications, contributing to their widespread adoption and market leadership.

  • On the basis of function, the global customized premixes market is segmented into immunity, weight management, energy, bone health, digestion, skin health, and others. The immunity segment dominates the market with a market share of 28.85% due to the growing consumer demand for customized premixes with a focus on immune health
  • On the basis of application, the global customized premixes market is segmented into food products, dietary supplements, beverages, animal feed, pharmaceuticals, and others. The food products dominates the market with a market share of 40.39% due to the widespread use of customized premixes for enhanced nutrition and taste

Major Players

Data Bridge Market Research recognizes the following companies as the global customized premixes market players in global customized premixes market are DSM (Netherlands), Prinova Group LLC. (U.S.), PURATOS (Belgium), Provimi Animal Nutrition India Pvt. Ltd. (India), Vitablend (Netherlands), Corbion (Netherlands), DPO International (Malaysia), Budenheim (Germany).

Customized Premixes Market

Market Developments

  • In 2021, DSM introduced DSM Premix Custom Solutions, a novel line of customizable premix solutions. This innovative product enables DSM to provide tailor-made solutions to customers, addressing their unique nutritional requirements. By offering a personalized approach, DSM aims to meet diverse customer needs, showcasing a commitment to flexibility and responsiveness in the evolving landscape of nutritional solutions
  • In 2021, Dupont Nutrition & Biosciences revealed a collaboration with Inbiose to create customized human milk oligosaccharides (HMOs) for infant nutrition. This strategic collaboration focuses on delivering tailored solutions to infant formula manufacturers. By leveraging Inbiose's expertise, Dupont aims to enhance the nutritional profile of infant formulas, meeting specific requirements and advancing the quality of nutritional offerings for infants
  • In 2020, ADM revealed the acquisition of Yerbalatina Phytoactives, a Brazilian company specializing in natural plant-based extracts and ingredients. This strategic move enhances ADM's global presence in the health and wellness market by expanding its portfolio. The acquisition strengthens ADM's capabilities in providing diverse, high-quality plant-based solutions, reinforcing its commitment to meeting the growing demand for natural and sustainable products worldwide
  • In 2020, PURATOS expanded its presence by inaugurating subsidiaries in Kenya, Ethiopia, Nigeria, and Ivory Coast. This initiative aims to foster robust connections with local stakeholders, fortifying customer relations. The establishment of these subsidiaries facilitates localized production, enabling the company to develop new products and concepts using indigenous raw materials, demonstrating a commitment to regional engagement and market adaptation
  • In 2020, Cargill, Inc. forged a partnership with Bfsuch as, a French food start-up, to co-create personalized plant-based meat products tailored for the European market. This partnership is geared towards delivering highly customizable solutions that align with specific customer preferences and demands. By combining Cargill's expertise with Bfsuch as's innovative approach, the partnership seeks to meet the evolving demands of consumers seeking diverse and customizable plant-based alternatives

Regional Analysis

Geographically, the countries covered in the global customized premixes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in the global customized premixes market during the forecast period 2023-2030

North America dominates the customized premixes market, driven by a population seeking tailored products for improved health and nutrition. The growing demand for personalized premixes aligns with consumer preferences for skin care and hair care, fostering a surge in new product development. This trend underscores the market's robust growth, reflecting an increasing emphasis on holistic well-being and individualized nutritional solutions.

Asia-Pacific is expected to dominate the global customized premixes market in the forecast period 2023-2030

The Asia-Pacific is expected to dominate the customized premixes market, projecting the highest compound annual growth rate (CAGR) from 2023 to 2030. This surge is attributed to the region's increasing implementation of stringent laws and regulations focused on testing for the preservation of animal health. As regulatory frameworks evolve, the demand for customized premixes rises, reflecting a pivotal shift towards enhanced animal nutrition and well-being in the Asia-Pacific market.

For more detailed information about the global customized premixes market report, click here – https://www.databridgemarketresearch.com/es/reports/global-customized-premixes-market


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