The Latin America, Middle East and Africa Vitamin & Mineral Premixes Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
The future of vitamin & mineral premixes and food fortification in general is exciting and dynamic. The demand for functional foods and beverages continues to grow, with the nations such as Brazil, Russia, India and China offering major growth opportunities. Consumers are constantly dealing with overindulgences that contribute to specific health problems such as obesity, high cholesterol and high blood pressure. This means there’s a wealth of opportunity for manufacturers to create multiple-nutrient products that address these problems.
Vitamin premixes include two major types of vitamins such as water-soluble vitamins (B1, B2, B3, B6, B12, and C) and fat-soluble vitamins (A, D, E, and K). For instance, dairy products are fortified with Vitamin D to enhance calcium absorption and metabolism. In addition, mineral ready-mixes are also available in the market, consisting of iron, phosphorus, magnesium, and others in dry blended form.
For instance, infant milk formulas are fortified with iron as it results in the augmentation of iron stores, which further helps to prevent iron deficiency. The products to be used should be incorporated in the right quantity, further achieving the desired quality of the final product. The ready-mix market has attained large popularity due to its proven health benefits across the globe.
The government of the United Arab Emirates started the growth of the hospitality industry a few decades ago by building a number of modern and opulent hotel complexes. Today, the nation can take pride in having one of the best hospitality industries in the entire world. As the hospitality sector is rising as a result of the demand for premium food options. With the expanding hospitality sector, the demand for cuisines containing multi-nutrition are gaining attraction, especially from the health-conscious tourists. All this has resulted in market growth for vitamin & mineral premixes in LAMEA region.
The Brazil market dominated the LAMEA Vitamin & Mineral Premixes Market by Country in 2021; thereby, achieving a market value of $209.3 Million by 2028. The Argentina market is showcasing a CAGR of 9.3% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 8.4% during (2022 - 2028).
Based on Type, the market is segmented into Vitamin, Vitamin & Mineral Combination and Mineral. Based on Form, the market is segmented into Dry and Liquid. Based on Application, the market is segmented into Feed, Healthcare, Food & Beverages and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Glanbia PLC, Archer-Daniels-Midland Company, Koninklijke DSM N.V., Corbion N.V., Nutreco N.V. (SHV Holdings N.V.), SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), Vitablend Nederland B.V., Wright Enrichment, Inc. and Farbest Brands
The future of vitamin & mineral premixes and food fortification in general is exciting and dynamic. The demand for functional foods and beverages continues to grow, with the nations such as Brazil, Russia, India and China offering major growth opportunities. Consumers are constantly dealing with overindulgences that contribute to specific health problems such as obesity, high cholesterol and high blood pressure. This means there’s a wealth of opportunity for manufacturers to create multiple-nutrient products that address these problems.
Vitamin premixes include two major types of vitamins such as water-soluble vitamins (B1, B2, B3, B6, B12, and C) and fat-soluble vitamins (A, D, E, and K). For instance, dairy products are fortified with Vitamin D to enhance calcium absorption and metabolism. In addition, mineral ready-mixes are also available in the market, consisting of iron, phosphorus, magnesium, and others in dry blended form.
For instance, infant milk formulas are fortified with iron as it results in the augmentation of iron stores, which further helps to prevent iron deficiency. The products to be used should be incorporated in the right quantity, further achieving the desired quality of the final product. The ready-mix market has attained large popularity due to its proven health benefits across the globe.
The government of the United Arab Emirates started the growth of the hospitality industry a few decades ago by building a number of modern and opulent hotel complexes. Today, the nation can take pride in having one of the best hospitality industries in the entire world. As the hospitality sector is rising as a result of the demand for premium food options. With the expanding hospitality sector, the demand for cuisines containing multi-nutrition are gaining attraction, especially from the health-conscious tourists. All this has resulted in market growth for vitamin & mineral premixes in LAMEA region.
The Brazil market dominated the LAMEA Vitamin & Mineral Premixes Market by Country in 2021; thereby, achieving a market value of $209.3 Million by 2028. The Argentina market is showcasing a CAGR of 9.3% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 8.4% during (2022 - 2028).
Based on Type, the market is segmented into Vitamin, Vitamin & Mineral Combination and Mineral. Based on Form, the market is segmented into Dry and Liquid. Based on Application, the market is segmented into Feed, Healthcare, Food & Beverages and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Glanbia PLC, Archer-Daniels-Midland Company, Koninklijke DSM N.V., Corbion N.V., Nutreco N.V. (SHV Holdings N.V.), SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), Vitablend Nederland B.V., Wright Enrichment, Inc. and Farbest Brands
Scope of the Study
Market Segments Covered in the Report:
By Type
- Vitamin
- Vitamin & Mineral Combination
- Mineral
By Form
- Dry
- Liquid
By Application
- Feed
- Healthcare
- Food & Beverages
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Glanbia PLC
- Archer-Daniels-Midland Company
- Koninklijke DSM N.V
- Corbion N.V
- Nutreco N.V. (SHV Holdings N.V.)
- SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
- Vitablend Nederland B.V
- Wright Enrichment, Inc
- Farbest Brands
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vitamin & Mineral Premixes Market, by Type
1.4.2 LAMEA Vitamin & Mineral Premixes Market, by Form
1.4.3 LAMEA Vitamin & Mineral Premixes Market, by Application
1.4.4 LAMEA Vitamin & Mineral Premixes Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA Vitamin & Mineral Premixes Market by Type
4.1 LAMEA Vitamin Market by Country
4.2 LAMEA Vitamin & Mineral Combination Market by Country
4.3 LAMEA Mineral Market by Country
Chapter 5. LAMEA Vitamin & Mineral Premixes Market by Form
5.1 LAMEA Dry Market by Country
5.2 LAMEA Liquid Market by Country
Chapter 6. LAMEA Vitamin & Mineral Premixes Market by Application
6.1 LAMEA Feed Market by Country
6.2 LAMEA Healthcare Market by Country
6.3 LAMEA Food & Beverages Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Vitamin & Mineral Premixes Market by Country
7.1 Brazil Vitamin & Mineral Premixes Market
7.1.1 Brazil Vitamin & Mineral Premixes Market by Type
7.1.2 Brazil Vitamin & Mineral Premixes Market by Form
7.1.3 Brazil Vitamin & Mineral Premixes Market by Application
7.2 Argentina Vitamin & Mineral Premixes Market
7.2.1 Argentina Vitamin & Mineral Premixes Market by Type
7.2.2 Argentina Vitamin & Mineral Premixes Market by Form
7.2.3 Argentina Vitamin & Mineral Premixes Market by Application
7.3 UAE Vitamin & Mineral Premixes Market
7.3.1 UAE Vitamin & Mineral Premixes Market by Type
7.3.2 UAE Vitamin & Mineral Premixes Market by Form
7.3.3 UAE Vitamin & Mineral Premixes Market by Application
7.4 Saudi Arabia Vitamin & Mineral Premixes Market
7.4.1 Saudi Arabia Vitamin & Mineral Premixes Market by Type
7.4.2 Saudi Arabia Vitamin & Mineral Premixes Market by Form
7.4.3 Saudi Arabia Vitamin & Mineral Premixes Market by Application
7.5 South Africa Vitamin & Mineral Premixes Market
7.5.1 South Africa Vitamin & Mineral Premixes Market by Type
7.5.2 South Africa Vitamin & Mineral Premixes Market by Form
7.5.3 South Africa Vitamin & Mineral Premixes Market by Application
7.6 Nigeria Vitamin & Mineral Premixes Market
7.6.1 Nigeria Vitamin & Mineral Premixes Market by Type
7.6.2 Nigeria Vitamin & Mineral Premixes Market by Form
7.6.3 Nigeria Vitamin & Mineral Premixes Market by Application
7.7 Rest of LAMEA Vitamin & Mineral Premixes Market
7.7.1 Rest of LAMEA Vitamin & Mineral Premixes Market by Type
7.7.2 Rest of LAMEA Vitamin & Mineral Premixes Market by Form
7.7.3 Rest of LAMEA Vitamin & Mineral Premixes Market by Application
Chapter 8. Company Profiles
8.1 BASF SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 Glanbia PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 Archer-Daniels-Midland Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Geographical Expansions
8.4 Koninklijke DSM N.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Geographical Expansions:
8.5 Corbion N.V.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Geographical Expansions:
8.6 Nutreco N.V. (SHV Holdings N.V.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Recent strategies and developments:
8.6.3.1 Partnerships, Collaborations, and Agreements:
8.6.3.2 Acquisition and Mergers:
8.7 SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Vitablend Nederland B.V.
8.8.1 Company Overview
8.9 Wright Enrichment, Inc.
8.9.1 Company Overview
8.10. Farbest Brands
8.10.1 Company Overview
Companies Mentioned
- BASF SE
- Glanbia PLC
- Archer-Daniels-Midland Company
- Koninklijke DSM N.V.
- Corbion N.V.
- Nutreco N.V. (SHV Holdings N.V.)
- SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
- Vitablend Nederland B.V.
- Wright Enrichment, Inc.
- Farbest Brands
Methodology
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