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Customized Premixes Market: By Form, By Nutrient, By Application, and Region Forecast 2019-2030
Customized Premixes Market: By Form, By Nutrient, By Application, and Region Forecast 2019-2030
Customized Premixes Market size was valued at US$ 8,634.10 million in 2023 and is projected to reach a value of US$ 12, 812.0 million by 2030, at a CAGR of 5.8% from 2024-2030. Moreover, the U.S. customized premixes market is projected to grow significantly, reaching an estimated value of US$ 5,162.9 million by 2032.
Major demand growth of vitamin and mineral-enriched foods together with growing consumer health consciousness will drive the market forward. All these-vitamins, minerals, amino acids, nutraceuticals, fibres, and nucleotides-make their place in customized premixes, a dry or liquid tailor-made blend containing an assortment of nutrients. Due to the growing tendency among sports enthusiasts and athletes to consume upwardly more fortified beverages, such as sports drinks and energy drinks, premix demand has seen a sharp rise in recent times.
Major players in the customized premixes market include DSM Nutritional Products, Cargill, BASF, NutraBlend, Balchem Corporation, While Nutraceutical Corporation, FMC Corporation and Archer Daniels Midland Company (ADM), with each company being known for its innovative solutions across various sectors.
By Form: The Powder segment had the maximum revenue share of the market. Powder premixes are highly preferred over liquid premixes because of their more benefits, including cost-effectiveness, convenient packing, stability, and flexibility. Supplements that have to be consumed in large numbers are also preferred over powder premixes.
By Nutrient: The market is divided into vitamins, minerals, amino acids, nutraceuticals, and others. The vitamins segment held the largest share in the market in the year 2023, as the awareness among consumers towards the need for key vitamins to keep them healthy and fit increased. The segment of nutraceuticals is expected to grow rapidly during the next couple of years due to the rising trend of preventive health and wellness treatment.
By Application: Application wise, customized premixes are categorized into food & beverages, pharmaceuticals, dietary supplements, animal feed, among others. The food & beverages sector dominated the market, with demand rising for functional and fortified food products. Consumers are seeking customized premixes in their food & beverage preferences to meet the nutritional needs, enhance the product's quality, and attain better health and wellness. The pharmaceuticals segment is also likely to expand at an aggressive rate in the assessment years since the prevalence of chronic diseases and health conditions is increasingly becoming rampant, which demands pharmaceutical formulations with customized nutrient blends.
Study Period
2024-2030Base Year
2023CAGR
5.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Growing demand for consumers for customized nutrition and healthy solutions is the driver that pushes forward the market for customized premixes. With increased disposable income, the consumer is compelled to seek tailored dietary options coupled with ever-increasing awareness of health and wellness. Improvement in food technology and the ability to formulate compound this aspect further as the ability to create innovative products to cater to specific nutritional needs opens up further scope for companies.
Despite this growth potential, the market is constrained by challenges such as the regulatory factor and high compliance norms, at times making the development process of products complicated. The costs of production due to customizing premixes may also deter smaller companies from entering this market. Product development, which requires intensive research and development processes, also delays launching of new products into the market.
Opportunities lie within the customized premixes market, especially in emerging markets with health-consciousness evolvements. Increasing functional foods and supplements have wide avenues of innovation and extended product offerings for companies. With the role of health professionals, there are vast opportunities in creating personalized nutrition plans, which include new innovative digital health technologies.
Intense competition would come from not only the established players but also the new entrants in the market. Changing preferences among consumers could be challenging to keep up with, mainly because tastes and health trends change over time. Supply chain issues regarding sourcing ingredients can also be a hindrance, hence impacting production timelines and costs in production.
North America is heavily dominating the market due to increased demand for micronutrient-enriched food products, as people in this region are increasingly being diagnosed with chronic diseases such as diabetes, cancer, and osteoporosis.
Asia Pacific is expected to have the most significant growth in the global market over the forecast period because of the rapid increase of aging people in the U.S.; demand for novel and functional products has increased as it addresses various health issues that, in turn, is helping to expand the market for customized premixes in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 8,634.10 million |
|
Market CAGR |
5.8% |
|
By Form |
|
|
By Nutrient |
|
|
By Application |
|
|
By Region |
|
Demand for customized premixes is growing steadily, supported by a number of major growth drivers related to health awareness and the requirement of customized nutrition to suit individual user needs. Consumers are turning toward nutrition solutions that meet their specific health needs which activates demand for customized products through food, beverage, and dietary supplements.
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Customized premixes market size was valued US$ 8,634.10 Mn in 2023 and is set to reach at a value of US$ 12, 812.0 Mn by 2030, growing at a CAGR 5.8%.
The primary growth driver is high customer demand for personalized nutrition, which increases health awareness and growing interest in functional foods. Further enhanced food formulation technological progress and capabilities help companies to develop more innovative, tailored products.
Advanced premix technologies have significant importance in the development and manufacturing of customized premixes. In today's companies, analytics on data allow better understanding and knowledge about consumer preference, which leads towards the production of target products. Moreover, innovation in food processing techniques allows improving quality and customization in products.
The future growth with immense consumer demand in personalized nutrition and functional foods. Companies that innovate and adapt and stay current with the developing trends, but remain within the regulatory boundaries, will do very well in this dynamic marketplace.
| 1.Executive Summary |
| 2.Global Customized Premixes Market Introduction |
| 2.1.Global Customized Premixes Market - Taxonomy |
| 2.2.Global Customized Premixes Market - Definitions |
| 2.2.1.Form |
| 2.2.2. Nutrient |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Customized Premixes Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Customized Premixes Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Customized Premixes Market By Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Powder |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Liquid |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Customized Premixes Market By Nutrient, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Vitamins |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Minerals |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Amino Acids/ Proteins |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Mixtures |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Other Specialty Ingredients (phytochemicals) |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Customized Premixes Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Nutraceuticals |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Cereals |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Dairy Products |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Infant Foods |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Beverages |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Pharmaceuticals |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Personal Care |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Bakery & Confectionery |
| 7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 7.9. Animal Feed |
| 7.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.9.3. Market Opportunity Analysis |
| 8.Global Customized Premixes Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Customized Premixes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Powder |
| 9.1.2.Liquid |
| 9.2. Nutrient Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Vitamins |
| 9.2.2.Minerals |
| 9.2.3.Amino Acids/ Proteins |
| 9.2.4.Mixtures |
| 9.2.5.Other Specialty Ingredients (phytochemicals) |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Nutraceuticals |
| 9.3.2.Cereals |
| 9.3.3.Dairy Products |
| 9.3.4.Infant Foods |
| 9.3.5.Beverages |
| 9.3.6.Pharmaceuticals |
| 9.3.7.Personal Care |
| 9.3.8.Bakery & Confectionery |
| 9.3.9.Animal Feed |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Customized Premixes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Powder |
| 10.1.2.Liquid |
| 10.2. Nutrient Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Vitamins |
| 10.2.2.Minerals |
| 10.2.3.Amino Acids/ Proteins |
| 10.2.4.Mixtures |
| 10.2.5.Other Specialty Ingredients (phytochemicals) |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Nutraceuticals |
| 10.3.2.Cereals |
| 10.3.3.Dairy Products |
| 10.3.4.Infant Foods |
| 10.3.5.Beverages |
| 10.3.6.Pharmaceuticals |
| 10.3.7.Personal Care |
| 10.3.8.Bakery & Confectionery |
| 10.3.9.Animal Feed |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Customized Premixes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Powder |
| 11.1.2.Liquid |
| 11.2.Nutrient Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Vitamins |
| 11.2.2.Minerals |
| 11.2.3.Amino Acids/ Proteins |
| 11.2.4.Mixtures |
| 11.2.5.Other Specialty Ingredients (phytochemicals) |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Nutraceuticals |
| 11.3.2.Cereals |
| 11.3.3.Dairy Products |
| 11.3.4.Infant Foods |
| 11.3.5.Beverages |
| 11.3.6.Pharmaceuticals |
| 11.3.7.Personal Care |
| 11.3.8.Bakery & Confectionery |
| 11.3.9.Animal Feed |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Customized Premixes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Powder |
| 12.1.2.Liquid |
| 12.2. Nutrient Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Vitamins |
| 12.2.2.Minerals |
| 12.2.3.Amino Acids/ Proteins |
| 12.2.4.Mixtures |
| 12.2.5.Other Specialty Ingredients (phytochemicals) |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Nutraceuticals |
| 12.3.2.Cereals |
| 12.3.3.Dairy Products |
| 12.3.4.Infant Foods |
| 12.3.5.Beverages |
| 12.3.6.Pharmaceuticals |
| 12.3.7.Personal Care |
| 12.3.8.Bakery & Confectionery |
| 12.3.9.Animal Feed |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Customized Premixes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Powder |
| 13.1.2.Liquid |
| 13.2. Nutrient Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Vitamins |
| 13.2.2.Minerals |
| 13.2.3.Amino Acids/ Proteins |
| 13.2.4.Mixtures |
| 13.2.5.Other Specialty Ingredients (phytochemicals) |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Nutraceuticals |
| 13.3.2.Cereals |
| 13.3.3.Dairy Products |
| 13.3.4.Infant Foods |
| 13.3.5.Beverages |
| 13.3.6.Pharmaceuticals |
| 13.3.7.Personal Care |
| 13.3.8.Bakery & Confectionery |
| 13.3.9.Animal Feed |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.DSM Nutritional Products |
| 14.2.2.Cargill |
| 14.2.3.BASF |
| 14.2.4.NutraBlend |
| 14.2.5.Balchem Corporation |
| 14.2.6.While Nutraceutical Corporation |
| 14.2.7.FMC Corporation and Archer Daniels Midland Company (ADM), |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.