logo

Global Food Premix Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Food Premix Market is segmented by Ingredients into Vitamins, Minerals, Amino Acids, Antibiotics, and others; by end-user industry into Food and Beverage (Dairy Products, Baked Products, Dietary Supplements, Beverages, and Others) Animal Nutrition and Pharmaceutical; and by Geography

Home Industry Reports Food & Beverage Global Food Premix Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 ...

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.6 %
Fastest Growing Segment: Animal Nutrition

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The global food premix market is projected to grow at a CAGR of 5.6% during the forecast period (2020 - 2025).

  • Consumer demand for convenience products, along with a stable composition that tastes good and with health benefits have influenced the growth of fortified/functional products.  Customized micronutrients blend provides cost-effective solutions, while considering the premium quality raw ingredients is likely to drive the evolution of food premixes in the food and beverage industry
  • The rising exports of animal-based products from Asia-Pacific markets, and consequently the stringent import regulations of the developed markets have led to increased focus on high quality, safety, and tractability of premixes. Growing awareness among farmers about the advantages of feed ingredients is likely to drive the growth of feed premixes market. Feed premixes have been gaining popularity over time, owing to the accelerated demand for animal-based products.

Scope of the Report

There are number of food premixes availble for applicatiions in both human as well as nimal nutrition. Thus by ingredients, the premix market is segmented into vitamins, minerals, amino acids, antibiotics, and others. By end-user industry, the market has been classified by food, feed, and pharmaceutical industry. Food segment has been further sub-segmented into dairy products, baked goods, dietary supplements, beverages and others. Also the market is studied for different potential markets in each region across the globe to have a broder perspective of the market.
By Ingredeints
Vitamin
Minerals
Amino Acids
Antibiotics
Others
By End-User Industry
Food and Beverage
Dairy Products
Baked Products
Dietary Supplements
Beverages
Others
Animal Nutrition
Pharmaceutical
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
United Arab Emirates
Rest of Middle East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Growing Demand For Fortified Food Products

Increasing consumer preference for fortified foods attributed to addition of essential ingredients such as amino acids, minerals, vitamins and nucleotides. Introduction of innovative and developed premix products from food manufacturing companies that are engaged in the production of modified blends of minerals and vitamin premixes used in wide variety of applications such as dietary supplements, clinical nutrition and infant nutrition products. Research conducted by the International Food Information Council Foundation on Food and Health revealed that 47% of the consumers prefer food with additional nutrients. Fortified foods are primarily used for balancing nutrient loss and filling nutritional gaps. Moreover, the manufacturers are coming up with own fortified premixes with additional nutrient features. Asia-Pacific witnessed a considerable growth due to inclusion of fortified premixes across food and beverages industry. Countries such as New Zealand and India are expected to grow at a double-digit growth rate over the years to come in the functional food market. Fortification of dairy and bakery products is likely to be one of the driving factor for the evolution of food premixes market across the globe.
Food Premix Market 1

India Emerges As Fastest Growing Market in Asian Region

The robust food fortification initiatives, coupled with rising exports of animal based food products have led to rise in the demand of various premixes in Asian xountries like India, Australia, China and others. The exponential growth in compound feed production wherein the premixes acts as a key ingredient is also aiding the growth of Asian premix industry. The large poultry integrators are increasingly seeking high quality and stable premixes. In line with such market developments, companies like Cargill have set to expand their manufacturing and distribution bases in India. In May 2016, the French animal nutrition group, Nevoia, signed a deal with Evialis India to manufacture and provide premixes for the production of premium shrimp feed in India. The rising middle class income, increasing number of double income families, and growing urbanization have led to increased meat consumption and consequently higher demands for feed premixes, since poultry is most preferred segment for the meat consumption in India. The rising cost of essential raw materials for livestock production, and competition for it from food and biofuel industry is forcing the farmers to use premix in the feed to increase productivity at cheaper costs.

Food Premix Market 2

Competitive Landscape

The global food premix market is competitive, especially with the increase in the number of regional players, coupled with the changing consumer preferences for fortified food, beverages and feed. The prominent players in the global premix market includes Cargill Incorporated, Archer Daniel Midlands Company and DSM. In 2016, Cargill Incorporated invested in new premix facility which offers innovative feed solutions that will expand its animal nutrition capabilities in North America. DSM recently acquired Dutch premix company named Twilmij in order to strengthen its animal and nutrition business. Some of the other key players in the global premix market are Associated British Foods, BASF, and Stern Vitamin, among others.
food premix

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Ingredeints

      1. 5.1.1 Vitamin

      2. 5.1.2 Minerals

      3. 5.1.3 Amino Acids

      4. 5.1.4 Antibiotics

      5. 5.1.5 Others

    2. 5.2 By End-User Industry

      1. 5.2.1 Food and Beverage

        1. 5.2.1.1 Dairy Products

        2. 5.2.1.2 Baked Products

        3. 5.2.1.3 Dietary Supplements

        4. 5.2.1.4 Beverages

        5. 5.2.1.5 Others

      2. 5.2.2 Animal Nutrition

      3. 5.2.3 Pharmaceutical

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Koninklijke DSM N.V.

      2. 6.4.2 Cargill Incorporated

      3. 6.4.3 Archer Daniel Midlands Company

      4. 6.4.4 BASF SE

      5. 6.4.5 Corbion N.V

      6. 6.4.6 Glanbia PLC

      7. 6.4.7 Associated British Foods plc (AB Agri Ltd)

      8. 6.4.8 Sternvitamin GmbH & Co. KG

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Global Food Premix Market market is studied from 2016 - 2026.

The Global Food Premix Market is growing at a CAGR of 5.6% over the next 5 years.

The Global Food Premix Market is valued at Animal Nutrition in 2026.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Koninklijke DSM N.V., Cargill Incorporated, Archer Daniel Midlands Company, BASF SE, Corbion N.V. are the major companies operating in Global Food Premix Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!