Global Customized Premixes Market, By 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) – Industry Trends and Forecast to 2030.
Customized Premixes Market Analysis and Size
Customized premixes are a composition of biologically active ingredients. They are further processed microbiologically and chemically to use as nutritional supplements for the well-being of health. Further, it is used in animal feed with a combination of flavors to impact animal feed intake positively. It further provides the benefits of weight gain in animals. Customized premixes are comprised of vitamins, minerals, Amino Acids, nutraceuticals, and other essential ingredients.
Customized premixes are known as nutritional supplements in animal feed. Essential nutritional compounds positively impact animal health by strengthening their immunity against diseases. Feed premixes are known as a high-energy source. Feed premixes are added with sweeteners comprised of sugar, molasses, and glucose. The demand for customized premixes has been increased as they influence of health of the animal. Hence it is preferred by livestock and other animals.
Data Bridge Market Research analyses that the Customized premixes market, which was USD 1,815.93 million in 2022, would rocket up to 2,831.81 million by 2030 and is expected to undergo a CAGR of 5.7% during the forecast period.
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.
Customized Premixes Market Scope and 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
|
|
Segments Covered
|
By 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, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Poland, Belgium, rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, UAE, Oman, Kuwait, rest of Middle East and Africa
|
|
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.
|
|
Market Opportunities
|
|
Market Definition
Food fortification with various micronutrients has been an essential part of producing nutritional bars, bakery products, beverages, and supplements. Most of the fortification is associated with the guidelines of the FDA, such as vitamins, minerals, pro-biotics and prebiotics, amino acids, and nucleotides among others. The daily intake recommendation of these micro-nutrients helps to maintain the diet and enhances the wellbeing of a healthy lifestyle. Due to the higher demand among consumers, companies are focusing on introducing their food products, fulfilling the nutritional demand of the consumers. For instance, Nestle has launched various vitamin and mineral-based beverages comprising vitamin B and A, fulfilling the need to consumer requirement.
In animal feed, the health of animals plays a more vital role in livestock and other animals, and customized premixes focusing on the particular function concerning reproduction, quality of meat enhancement, and milk production have influenced the feed producer to provide feed based on the consumer's requirement. The composition of micronutrition in the feed helps livestock in their gut health, livestock management, and palatability of the feed. Awareness regarding livestock's health has increased the consumption of feed with micronutrients.
Customized Premixes Market Dynamics
Drivers
- Awareness Regarding Healthy Lifestyle
Customized premixes are a mixture of essential food ingredients in specified concentrations that fulfills the nutrient requirement. Increasing urbanization and busy schedule has impacted lifestyle, which eventually influences human habitats. This also has been seen in terms of eating habits and awareness regarding maintaining health.
Hence, consumers are shifting towards more preference for healthy food, and other nutritional supplements have been raised. The COVID-19 pandemic has created a huge impact on lifestyle in urban as well as rural areas too. This pandemic has increased awareness regarding the health, immunity, and nutritional supplements consumed for well-being of life. This awareness regarding a healthy lifestyle is expected to continue for further years as well. Owing to this, there is a shift of customer’s toward functional ingredients in diet and healthy ready-to-eat food products.
- Consumer Preference Towards Ready-Made Meals, Convenient Food, and Fortified Food
Premixes are customized blends of preferred functional ingredients such as vitamins, amino acids, minerals, nucleotides, prebiotics, nutraceuticals, fibers, herbs, and others. All ingredients are in one single, efficient, homogenous form known as customized premixes. Premixes are provided for processed food, Dietary Supplement, healthy drinks, ready-to-eat food, energy drinks, and others.
Hence, the preparation of these food supplements is time-saving and has been demanded owing to rapid urbanization, which influences busy schedules. Customized premixes combine two or more functional ingredients in a single nutrient premix.
Opportunities
- Raising Awareness Regarding the Use of Customized Premixes in the Animal Feed Industry
The rising consumption pattern of good quality animal feed and feed-based products has enhanced poultry farming and other livestock’s production at a greater range globally. The increased livestock production is an important demanding factor of Animal Feed eventually for animal feed premixes.
The growing demand for animal feed-based products and more prone towards nutritional and protein enriched supplements to increase their profitability is known as new aspects regarding animal health.
Government bodies are implementing various guidelines at local and industrial levels for manufacturers providing animal feed with good sources of essential ingredients to maintain their health and immunity against diseases. Different manufacturers adopt various commercial techniques and practices to provide quality animal feed.
Restraints/Challenges
- High Price Of Enriched And Fortified Products
Food enrichment is carried out to add nutrients to processed food. Hence, as nutrients are added to food, it requires specified facilities and a range of essential ingredients. It is the process of adding micronutrients essential to trace elements and vitamins to food. Thus, the cost of all these vitamins, and trace elements impacts the pricing of these fortified products.
Enrichment of food by food producers or governments as a public health program aims at dietary deficiencies within a population. Hence, the addition of micronutrients to staples and condiments may prevent large-scale deficiency diseases. In such situations, the main diet may lack specific nutrients from essential deficiencies within the staple foods. Hence, nutrients included in food are vitamin A, B vitamins, vitamin D, folic acid, iodine, and iron. This process requires technical specialties and automated instrumentation.
Porter’s five forces
Vendor selection criteria
Consumer preferences & behavior
Pestel analysis
Raw material sourcing analysis
Recent Development
- In July 2020, PURATOS opened four new subsidiaries in Kenya, Ethiopia, Nigeria, and Ivory Coast. Through this development, the company is able to establish a strong relationship with local players in countries. It further strengthens the customer relationship, localizes production as well as develops new products and concepts using local raw materials
- In September 2019, Wright Enrichment Inc received certification of FSSC 22000. It is a certification scheme for food safety management systems consisting of an additional requirement of FSSC 22000. Through this certification, the company can provide quality products with safety standards standers through certified facilities
Global Customized Premixes Market Scope
The market is segmented on the basis of type, product type, product category, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
TYPE
- VITAMINS
- MINERALS
- AMINO ACIDS
- NUTRACEUTICALS
- NUCLEOTIDES
- OTHERS
PRODUCT TYPE
- ORIGINAL
- BLENDED
PRODUCT CATEGORY
- CONVENTIONAL
- CLEAN LABELED INGREDIENT
FORM
- POWDER
- LIQUID
FUNCTION
- BONE HEALTH
- SKIN HEALTH
- ENERGY
- IMMUNITY
- DIGESTION
- WEIGHT MANAGEMENT
- OTHERS
APPLICATION
- FOOD PRODUCTS
- BEVERAGES
- DIETARY SUPPLEMENTS
- PHARMACEUTICALS
- ANIMAL FEED
- OTHERS
Customized Premixes Market Regional Analysis/Insights
The Customized premixes market is analysed, and market size insights and trends are provided by type, product type, product category, form, function, and application as referenced above.
The countries covered in the Customized premixes market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Turkey, Netherlands, Russia, Poland, Belgium, rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, UAE, Oman, Kuwait, rest of Middle East and Africa
North America region is dominating as the population is demanding customized premixes products as they improve wellbeing of health and fulfill enrichment of nutrition and growing trends of new product development due to their preferences for skin care and hair care has boosted their growth.
Asia-Pacific is expected to witness significant growth with the highest CAGR during the forecast period of 2023 to 2030 due to the due to growing testing laws and regulations framed toward maintaining animal health.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends porter's five forces analysis, case studies are some of the pointers used to forecast the Market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Customized Premixes Market Share Analysis
The Customized premixes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to surgical microscopes market.
Some of the major players operating in the 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)
- 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)
- Jubilant life sciences Pvt Ltd(India)
SKU-