(Food-Beverage-News.Com, August 24, 2020 ) The report "Customized Premixes Market by Type (Vitamins, Minerals, Amino Acids, Nutraceuticals, Nucleotides), Form (Powder and Liquid), Application (Beverages, Dairy, Cereals, Bakery & Confectionery, Nutrition Products, Dietary Supplements) - Global Forecast to 2022", The customized premixes market is projected to reach USD 1,691.2 Million by 2022, at a CAGR of 5.50% from 2016. The market is driven by growing demand for functional and fortified food, growing need for food enrichment due to high processing levels of food products, customized nature and specificity to individual customer requirements, and convenience in usage as a single ingredient over multiple ingredients.
The market for the vitamins segment, among other nutrients, was the largest in 2015. The high growth of industrial consumption of vitamins is driving this market which can be largely attributed to their deficiency in everyday diets of consumers and also due to the fact that they cannot be synthesized by the human body.
The beverage segment is the fatsest growing segment of the customized premixes market, by application, in 2015. The high growth of industrial consumption of vitamins is driving this market which can be largely attributed to their deficiency in everyday diets of consumers and also due to the fact that they cannot be synthesized by the human body.
The demand for functional foods and food with specific health benefits is experiencing growth in the Asia-Pacific region owing to the changing lifestyles of customers. Also, rising incomes, purchasing power, and consumer demand for nutritional & healthy products provide promising prospects for the growth and diversification in the region’s food sector.
Leading companies are Royal DSM N.V. (Netherlands), Glanbia plc (Ireland), Corbion N.V. (Netherlands), Chemische Fabrik Budenheim KG (Germany), and Vitablend Netherlands B.V. (Netherlands). Other players who are active in the industry are Watson Inc. (U.S.), Stern Vitamin GmbH & Co. KG (Germany), The Wright Group (U.S.), DPO International Sdn. Bhd (Malaysia), and Farbest Brands (U.S.).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441
