Press release
Customized Premixes Market 2023- By Size, Share, Demand, Growth Drivers, Trends, Segmentation And Competitive Outlook By 2032
Customized Premixes Market
The Business Research Company's Customized Premixes Global Market Report 2023 identifies increasing demand for vitamin and mineral-enriched foods as the major driver for the Customized Premixes market's growth in the forecast period. Vitamin and mineral-enriched foods refer to foods that are loaded with minerals and vitamins, such as eggs, vegetables, milk, meat, and many more. Vitamins and minerals mixture help in customized premixes based on their product requirements and to fulfill nutritional requirements and overcome nutrient deficiencies.
The global customized premixes market size grew from $1.74 billion in 2022 to $1.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The customized premixes market size is expected to grow to $2.52 billion in 2027 at a CAGR of 7.6%.
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Major competitors in the Customized Premixes market are Archer Daniel Midland Company, Koninklijke DSM N.V., Vitablend Netherland B.V., Stern Vitamin GmbH & Co. Kg.
A key trend in the Customized Premixes market includes innovative premixes. Major companies operating in the customized premixes market are focused on developing innovative products to sustain their position in the customized premixes market. For instance, in December 2020, Prinova Group LLC, a US-based food fortification and premix manufacturer launched a new dairy replacement product, that offers unique products containing a combination of protein and plant-based milk including probiotics. The emerging trend of vegan products is followed by these dairy replacement products by providing plant-based products as an alternative to animal-based products and is developed for vegan consumers.
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The Customized Premixes market is segmented -
• By Nutrient: Vitamins, Minerals, Amino Acids, Nucleotides, Nutraceuticals, Other Nutrients
• By Form: Powder, Liquid
• By Application: Beverages, Dairy, Cereals, Bakery and Confectionery, Nutrition Products, Dietary Supplments
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Customized Premixes market.
The Business Research Company's "Global Customized Premixes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Customized Premixes Market Include:
1. Executive Summary
2. Customized Premixes Market Characteristics
3. Customized Premixes Market Trends And Strategies
4. Customized Premixes Market - Macro Economic Scenario
5. Customized Premixes Market Size And Growth
………………………………..
26. Africa Customized Premixes Market
27. Customized Premixes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Customized Premixes Market
29. Customized Premixes Market Future Outlook and Potential Analysis
30. Appendix
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