Nutritional Premixes Market Will Reach USD 12,397.8 Million by 2023: Meticulous Research®

Nutritional Premixes Market is segmented by type (vitamin premixes, mineral premixes, amino acid premixes, nucleotide premixes, fiber premixes, nutraceutical premixes, and others), form (powder and liquid), and application (animal feed, nutrition and health supplements, food and beverages, pharmaceuticals, and others)

Nutritional premixes market has shown strong growth pattern in recent year’s majorly due to growing health and wellness trend, changing food landscape, increasing demand for fortified food products, convenience in usage as a single ingredient over multiple ingredients, and increasing demand for compound animal feed. In addition, factors such as expanding middle class in emerging economies with demand for nutrition and emergence of developing countries as strong consumers for the feed application provides significant opportunity for the manufacturers in the global Nutritional Premixes Market.

Meticulous Research® in its latest publication on nutritional premixes market states that the global nutritional premixes market will increase at a CAGR of 4.5% from 2018 to 2023 to reach USD 12,397.8 million by 2023. Wherein, geographically, Asia Pacific commanded the largest share in this market followed by North America. The major share of Asia Pacific is mainly attributed to growing compound animal feed industry, growing economy, increasing demand of fortified food products in emerging and developing countries including India, China, Indonesia, and Thailand, and rising investments from major players in the region.

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The report provides meticulous analysis of global nutritional premixes market by segmenting it on the basis of type (vitamin premixes, mineral premixes, amino acid premixes, nucleotide premixes, fiber premixes, nutraceutical premixes, and others), form (powder and liquid), application (animal feed, nutrition & health supplements, food & beverages, pharmaceuticals, and others). Wherein, among types, vitamin premixes commanded the largest share in global nutritional premixes market. The large share of this market is primarily attributed to increasing consumer preferences for blends of different functional ingredients, multiple nutritional benefits of vitamins to humans and animals, growing consumption of vitamin supplements due to rising number of vitamin deficiency cases, and increasing demand for vitamin fortified feed and food products.
The key players analyzed in the global nutritional premixes market are Glanbia Plc (Ireland), BASF SE (Germany), Corbion N.V. (The Netherlands), Watson Foods Co., Inc. (U.S.), SternVitamin GmbH & Co. KG (Germany), Vitablend Nederland B.V. (The Netherlands), Hellay Australia Pty. Ltd. (Australia), Farbest-Tallman Foods Corporation (U.S.), Jubilant Life Sciences Ltd. (India), and Koninklijke Coöperatie Agrifirm U.A. (The Netherlands).

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Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Share Analysis
5. Market Insights
6. Nutritional Premixes Market, By Product
7. Nutritional Premixes Market, By Form
9. Nutritional Premixes Market, By Application
10. Geographic Analysis
11. Competitive Landscape
12. Company Profiles
13. Appendix.

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Release ID: 452436