The Asia Pacific Vitamin & Mineral Premixes Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
The demand for vitamin & mineral premixes is accelerating to be used as functional food ingredients due to the rising demand for multiple functional supplementation from customers. Functional beverages in recent years have become more appealing to consumers to address their specific wants and desires.
As the number of individuals opting for food and beverage products in context with building and supporting a healthy lifestyle increases, they seek nutraceuticals products and brands that enhance their lives. Numerous beverages, which offer several additional nutrient benefits to individuals, such as energy drinks, fortified tea, and coffee, are widely considered beneficial for boosting human performance.
Moreover, the prominent players are also investing in fortifying the existing products as well as innovating novel products that are enriched with custom-compounded nutritional ingredients. The usage of food premix is one of the cost-effective strategies that also saves the time and efforts of consumers. Factors, such as rising demand for medical nutrition and a spike in incidences of malnutrition or other health-related disorders, can significantly augment the market growth.
The APAC region would witness a massive demand for dietary supplements due to the growing demand for the product from the nations like China and India, which would fuel the growth of the regional market. Various companies providing dietary supplements are constantly upgrading their product offerings and rolling out new products. Also, a wide population in the region is living with malnutrition as a problem which rises the need for dietary supplements that cloud help them with the nutrition deficiency. All these aspects are anticipated to create new growth avenues for industry players operating in the regional vitamin & premixes market during the forecasting period.
The China market dominated the Asia Pacific Vitamin & Mineral Premixes Market by Country in 2021; thereby, achieving a market value of $874.5 Million by 2028. The Japan market is registering a CAGR of 6.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7.6% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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 demand for vitamin & mineral premixes is accelerating to be used as functional food ingredients due to the rising demand for multiple functional supplementation from customers. Functional beverages in recent years have become more appealing to consumers to address their specific wants and desires.
As the number of individuals opting for food and beverage products in context with building and supporting a healthy lifestyle increases, they seek nutraceuticals products and brands that enhance their lives. Numerous beverages, which offer several additional nutrient benefits to individuals, such as energy drinks, fortified tea, and coffee, are widely considered beneficial for boosting human performance.
Moreover, the prominent players are also investing in fortifying the existing products as well as innovating novel products that are enriched with custom-compounded nutritional ingredients. The usage of food premix is one of the cost-effective strategies that also saves the time and efforts of consumers. Factors, such as rising demand for medical nutrition and a spike in incidences of malnutrition or other health-related disorders, can significantly augment the market growth.
The APAC region would witness a massive demand for dietary supplements due to the growing demand for the product from the nations like China and India, which would fuel the growth of the regional market. Various companies providing dietary supplements are constantly upgrading their product offerings and rolling out new products. Also, a wide population in the region is living with malnutrition as a problem which rises the need for dietary supplements that cloud help them with the nutrition deficiency. All these aspects are anticipated to create new growth avenues for industry players operating in the regional vitamin & premixes market during the forecasting period.
The China market dominated the Asia Pacific Vitamin & Mineral Premixes Market by Country in 2021; thereby, achieving a market value of $874.5 Million by 2028. The Japan market is registering a CAGR of 6.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7.6% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Vitamin & Mineral Premixes Market, by Type
1.4.2 Asia Pacific Vitamin & Mineral Premixes Market, by Form
1.4.3 Asia Pacific Vitamin & Mineral Premixes Market, by Application
1.4.4 Asia Pacific 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. Asia Pacific Vitamin & Mineral Premixes Market by Type
4.1 Asia Pacific Vitamin Market by Country
4.2 Asia Pacific Vitamin & Mineral Combination Market by Country
4.3 Asia Pacific Mineral Market by Country
Chapter 5. Asia Pacific Vitamin & Mineral Premixes Market by Form
5.1 Asia Pacific Dry Market by Country
5.2 Asia Pacific Liquid Market by Country
Chapter 6. Asia Pacific Vitamin & Mineral Premixes Market by Application
6.1 Asia Pacific Feed Market by Country
6.2 Asia Pacific Healthcare Market by Country
6.3 Asia Pacific Food & Beverages Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Vitamin & Mineral Premixes Market by Country
7.1 China Vitamin & Mineral Premixes Market
7.1.1 China Vitamin & Mineral Premixes Market by Type
7.1.2 China Vitamin & Mineral Premixes Market by Form
7.1.3 China Vitamin & Mineral Premixes Market by Application
7.2 Japan Vitamin & Mineral Premixes Market
7.2.1 Japan Vitamin & Mineral Premixes Market by Type
7.2.2 Japan Vitamin & Mineral Premixes Market by Form
7.2.3 Japan Vitamin & Mineral Premixes Market by Application
7.3 India Vitamin & Mineral Premixes Market
7.3.1 India Vitamin & Mineral Premixes Market by Type
7.3.2 India Vitamin & Mineral Premixes Market by Form
7.3.3 India Vitamin & Mineral Premixes Market by Application
7.4 South Korea Vitamin & Mineral Premixes Market
7.4.1 South Korea Vitamin & Mineral Premixes Market by Type
7.4.2 South Korea Vitamin & Mineral Premixes Market by Form
7.4.3 South Korea Vitamin & Mineral Premixes Market by Application
7.5 Singapore Vitamin & Mineral Premixes Market
7.5.1 Singapore Vitamin & Mineral Premixes Market by Type
7.5.2 Singapore Vitamin & Mineral Premixes Market by Form
7.5.3 Singapore Vitamin & Mineral Premixes Market by Application
7.6 Malaysia Vitamin & Mineral Premixes Market
7.6.1 Malaysia Vitamin & Mineral Premixes Market by Type
7.6.2 Malaysia Vitamin & Mineral Premixes Market by Form
7.6.3 Malaysia Vitamin & Mineral Premixes Market by Application
7.7 Rest of Asia Pacific Vitamin & Mineral Premixes Market
7.7.1 Rest of Asia Pacific Vitamin & Mineral Premixes Market by Type
7.7.2 Rest of Asia Pacific Vitamin & Mineral Premixes Market by Form
7.7.3 Rest of Asia Pacific 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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