The global food premix market is projected to reach around US$ 2.1 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.5% during the forecast period (2019-2027).
Growing demand for fortified food is predominantly fueling the market growth of premix. Rising demand for food fortification due to increasing cases of micronutrient deficiency disorders among the global population and lack of micronutrients in food is augmenting the market growth of food premix. Among all the premix vitamins and minerals are the most commonly used premix in fortified foods and are usually added to wheat flour during milling processes to produce fortified rice kernels.
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The top key players included in this report: Archer Daniels Midland Company, Koninklijke DSM N.V., Glanbia plc, Jubilant Life Sciences, Hexagon Nutrition Pvt. Ltd., Fenchem, SternVitamin, Lycored, Barentz, WATSON-INC, Prinova Group LLC, Farbest Brands, and B&H Biotechnology Co. Ltd.
The Food Premix Market report gives a 360-degree holistic view of the market and highlights the key developments, drivers, restraints, and future trends with impact analysis of these trends on the market for short-term, mid-term, and long-term during the forecast period. In addition, Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Food Premix Market Report is Segmented as Following-
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Market Attributes
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Details
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The Food Premix market size value in 2021
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USD XX Million
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The revenue forecast in 2027
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USD XX Million
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Growth Rate
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CAGR of XX % from 2021 to 2027
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Report coverage
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Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends
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Country scope
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U.S., Canada, Mexico, U.K., Germany, France, Italy, China, India, Japan, Brazil, Argentina, Saudi Arabia, South Africa
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Frequently Asked Questions
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Food premix is blended with minerals vitamins, and other functional ingredients and they are used in fortification for food & beverages. Vitamin premixes, mineral premixes, nucleotides premixes, amino acids premixes, and botanicals premixes are some of the major premixes. Premix composed of excipients (carriers, fillers), fortificants (powdered vitamins and minerals), and free-flow agents. They are gaining traction in the nutritional supplements and other food products as they improve the overall quality and texture of the food products. These ingredients can be classified into vitamins, minerals, nucleotides, amino acids, and botanicals. Food premix is available in two different forms i.e. liquid and powder. Food premix helps to improve bone health, immunity, digestion, heart health, and assist in weight management.
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The Food Premix Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure, and all these together will help leading players understand the scope of the Market, what characteristics it offers, and how it will fulfill customer’s requirements. The study also covers market status, share, future patterns, development rate, deals, SWOT analysis, channels, merchants, and improvement gets ready for the anticipated year between 2021-2027.
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