Premix usually refers to a substance or object which is mixed at an early stage in the manufacturing and distribution process. It is a blend of vitamins, minerals, medicaments, feed supplements and diluents. It is a value-added solution for substances with sustainable well-being and quality. Many food premix ingredients like vitamins, minerals are used to enrich the nutritional value. Premixes are used in many food products like animal feed, fortified and packaged foods, milk products and bakery products. Premixes are widely used for various purposes in many industries.

Global Food Premix Market Size & Growth:

The global food premix market was valued at $ xx Million in 2017 and is estimated to reach $ xx Million by 2024, at a CAGR of xx% during 2019-2024. The key factors driving the global food premix market growth are rising demand for food fortification, the high prevalence rate of micronutrient deficiency diseases throughout the world and also a diet without the required nutrients causing major health issues. Due to the busy lifestyles of people in the present world, there is an increase in the demand for foods which take less time to prepare. The manufacturers are adding nutrient-rich premixes to make sure that the food products are meeting their standards. Ingredients like DHA (Docosahexaenoic Acid) and ARA (Arachidonic acid) are also added alongside vitamins, which helps in decreasing child nutrition, thereby increasing demand for premixes in the global market. Foods like flour, maize, wheat and vegetable oils are fortified by vitamins, minerals and other ingredients which help to ensure better health. The other drivers for the market include increasing awareness of fortification of foods has been increasing in the recent years. The primary restraint is the adoption of conventional nutrient systems by global food manufacturers. There is an increasing demand for the nutrient-rich foods, and also the production of better products for customers are creating opportunities for the market growth during 2019-2024.

Global Food Premix Market Segments Share:

The global food premix market is segmented based on ingredients, function, form, application and geography. By ingredients, the global food premix market is segregated into vitamins, minerals, amino acids, nucleotides and botanicals. Among the ingredients segment, vitamins segment shows the significant growth due to their nutritional importance. By function, the global food premix market is categorised into bone health, immunity, digestion, energy, heart health, weight management, vision health, brain health and memory and others. Among those weight management and energy are expected to register the highest growth due to challenges like obesity and overweight. By form, the global food premix market is divided into powder and liquid. Powder form is expected to be preferred by consumers due to ease-of-use and ease-of-storage. By application, the global food premix industry is divided into child nutrition, food & beverages, dietary supplements, pharma OTC and nutritional improvement programmes. Among those food & beverages is likely to be with the high market share as there is an increase in the usage of premixes in fortified foods and beverages. North America market is the largest market due to the high usage of fortified foods and Europe & Asia Pacific are the fastest growing markets due to the increasing awareness of health and nutrition deficiency.

Global Food Premix Market Trends:

• Glanbia plc, one of the prominent players in the market announced that it is investing money to acquire two companies, Amazing Grass in the US and Body & Fit in the Netherlands which helps it in increasing its reach in performance nutrition.
• Hexagon Nutrition Pvt.Ltd.is, the key player in the food premix market, is partnering with NGO’s to fight malnutrition which has been a leading cause of death and disease among children around the world.

Global Food Premix Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact on altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the Global Food Premix Market are:

• Royal DSM N.V.
• Glanbia, plc
• Watson Inc.
• Archer Daniels Midland Company
• Vitablend Netherlands BV

Along with these companies, there were many other companies cited in the report while analysing the global food premix market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.