The vitamin and mineral premixes market size has grown strongly in recent years. It will grow from $8.92 billion in 2024 to $9.5 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to nutritional deficiency awareness, rise in functional foods, global population growth, expansion of the food and beverage industry, and government initiatives for fortification.
The vitamin and mineral premixes market size is expected to see strong growth in the next few years. It will grow to $12.71 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rising demand for personalized nutrition, elderly population growth, expansion of the nutraceutical industry, increased fortification of plant-based products, and focus on immune health. Major trends in the forecast period include advancements in food processing technologies, clean labels and natural ingredients, innovation in delivery formats, collaborations and partnerships, technology integration in manufacturing, and focus on mental health ingredients.
The rising awareness of health is expected to drive the growth of the vitamin and mineral premixes market in the future. Health awareness encompasses an individual's knowledge, understanding, and consciousness about health-related topics, issues, and practices. Vitamin and mineral premixes are utilized to efficiently and cost-effectively provide highly personalized products. These premixes can help raise health awareness by addressing nutrient deficiencies and offering targeted nutrient support. For example, in 2022, the Office for National Statistics, a UK-based national statistics organization, reported that healthcare expenditure in the UK reached approximately $354.88 billion (£283 billion), showing a nominal increase of 0.7% compared to 2021 spending. Thus, the increasing awareness of health is fueling the growth of the vitamin and mineral premixes market.
The expansion of the food service industry is anticipated to be a significant factor propelling the growth of the vitamin and mineral premixes market. The food service industry, encompassing businesses involved in food and beverage preparation, distribution, and sale, relies on vitamin and mineral premixes to enhance the nutritional value of diverse food offerings. An article by USA Today reported a notable increase in the U.S. restaurant industry's sales, reaching $898 billion in 2022 - an additional $166.5 billion compared to 2021. This growth in the food service industry contributes to the increased demand for vitamin and mineral premixes, highlighting their importance in fortifying menu items.
A noteworthy trend in the vitamin and mineral premixes market is the emphasis on product innovation by companies to maintain their competitive edge. SternVitamin, a Germany-based developer of premixes, introduced the SternFocus micronutrient premix in March 2022. Uniquely designed to support mental and cognitive performance, it includes selected micronutrients such as L-tyrosine and Bacopa monnieri, strengthening stress resistance with the help of B vitamins and the adaptogen Rhodiola rosea.
Major companies in the market are adopting a strategic partnership approach to leverage specific expertise, resulting in a comprehensive offering for customers. A notable partnership is observed between BASF SE, a Germany-based chemicals company, and EDCEL Limited, a Nigeria-based food technology company. Their collaboration aims to launch a vitamin A premix for fortifying edible oils, addressing vitamin A and D deficiencies through oil fortification - a primary source of fat in many diets.
In March 2023, Vilomix, a Denmark-based animal feed manufacturing company, acquired Vitamix, a Brazil-based manufacturing company specializing in animal nutrition and premixes. This acquisition is expected to strengthen Vilomix's position in developing feed additives and customized premix solutions.
Major companies operating in the vitamin and mineral premixes market include Cargill Incorporated, The Archer-Daniels-Midland Company, BASF SE, Koninklijke DSM NV, Glanbia plc, Alltech Inc, Nutreco NV, Barentz International BV, Corbion NV, Kemin Industries Inc., Innovd SA, Hexagon Nutrition Limited, Jubilant Ingrevia Limited, Wright Enrichment Inc., NutraBlend Foods LLC, Pharmline Inc, Burkmann Industries Inc., Promois International, Pristine Organics Private Limited, Bar - Magen Ltd., Nutrilo GmbH, Idena, Simfa Labs Private Limited, Vitablend Nederland BV, SternVitamin GmbH & Co KG, Prinova Group LLC, Zagro Asia Ltd., Farbest-Tallman Foods Corporation, Nutrasun Lifecare, Preconex N.V.
North America was the largest region in the vitamin and mineral premixes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vitamin and mineral premixes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vitamin and mineral premixes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vitamin and mineral premixes are blends of essential vitamins and minerals formulated to meet specific nutritional requirements. These premixes are widely used in the food and beverage industry to enhance products with vital nutrients.
The primary types of vitamin and mineral premixes include vitamin and mineral combinations, as well as individual vitamin and mineral formulations. Vitamin and mineral combinations are products designed to support specific health needs or address nutrient deficiencies. These premixes are available in various forms, including dry and liquid formulations, and find applications in feed, healthcare, food and beverages, and personal care industries.
The vitamin and mineral premixes market research report is one of a series of new reports that provides vitamin and mineral premixes market statistics, including vitamin and mineral premixes industry global market size, regional shares, competitors with a vitamin and mineral premixes market share, detailed vitamin and mineral premixes market segments, market trends and opportunities, and any further data you may need to thrive in the vitamin and mineral premixes industry. This vitamin and mineral premixes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vitamin and mineral premixes market consists of sales of premix powder, nutritional products, and capsules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vitamin and mineral premixes market size is expected to see strong growth in the next few years. It will grow to $12.71 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rising demand for personalized nutrition, elderly population growth, expansion of the nutraceutical industry, increased fortification of plant-based products, and focus on immune health. Major trends in the forecast period include advancements in food processing technologies, clean labels and natural ingredients, innovation in delivery formats, collaborations and partnerships, technology integration in manufacturing, and focus on mental health ingredients.
The rising awareness of health is expected to drive the growth of the vitamin and mineral premixes market in the future. Health awareness encompasses an individual's knowledge, understanding, and consciousness about health-related topics, issues, and practices. Vitamin and mineral premixes are utilized to efficiently and cost-effectively provide highly personalized products. These premixes can help raise health awareness by addressing nutrient deficiencies and offering targeted nutrient support. For example, in 2022, the Office for National Statistics, a UK-based national statistics organization, reported that healthcare expenditure in the UK reached approximately $354.88 billion (£283 billion), showing a nominal increase of 0.7% compared to 2021 spending. Thus, the increasing awareness of health is fueling the growth of the vitamin and mineral premixes market.
The expansion of the food service industry is anticipated to be a significant factor propelling the growth of the vitamin and mineral premixes market. The food service industry, encompassing businesses involved in food and beverage preparation, distribution, and sale, relies on vitamin and mineral premixes to enhance the nutritional value of diverse food offerings. An article by USA Today reported a notable increase in the U.S. restaurant industry's sales, reaching $898 billion in 2022 - an additional $166.5 billion compared to 2021. This growth in the food service industry contributes to the increased demand for vitamin and mineral premixes, highlighting their importance in fortifying menu items.
A noteworthy trend in the vitamin and mineral premixes market is the emphasis on product innovation by companies to maintain their competitive edge. SternVitamin, a Germany-based developer of premixes, introduced the SternFocus micronutrient premix in March 2022. Uniquely designed to support mental and cognitive performance, it includes selected micronutrients such as L-tyrosine and Bacopa monnieri, strengthening stress resistance with the help of B vitamins and the adaptogen Rhodiola rosea.
Major companies in the market are adopting a strategic partnership approach to leverage specific expertise, resulting in a comprehensive offering for customers. A notable partnership is observed between BASF SE, a Germany-based chemicals company, and EDCEL Limited, a Nigeria-based food technology company. Their collaboration aims to launch a vitamin A premix for fortifying edible oils, addressing vitamin A and D deficiencies through oil fortification - a primary source of fat in many diets.
In March 2023, Vilomix, a Denmark-based animal feed manufacturing company, acquired Vitamix, a Brazil-based manufacturing company specializing in animal nutrition and premixes. This acquisition is expected to strengthen Vilomix's position in developing feed additives and customized premix solutions.
Major companies operating in the vitamin and mineral premixes market include Cargill Incorporated, The Archer-Daniels-Midland Company, BASF SE, Koninklijke DSM NV, Glanbia plc, Alltech Inc, Nutreco NV, Barentz International BV, Corbion NV, Kemin Industries Inc., Innovd SA, Hexagon Nutrition Limited, Jubilant Ingrevia Limited, Wright Enrichment Inc., NutraBlend Foods LLC, Pharmline Inc, Burkmann Industries Inc., Promois International, Pristine Organics Private Limited, Bar - Magen Ltd., Nutrilo GmbH, Idena, Simfa Labs Private Limited, Vitablend Nederland BV, SternVitamin GmbH & Co KG, Prinova Group LLC, Zagro Asia Ltd., Farbest-Tallman Foods Corporation, Nutrasun Lifecare, Preconex N.V.
North America was the largest region in the vitamin and mineral premixes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vitamin and mineral premixes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vitamin and mineral premixes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vitamin and mineral premixes are blends of essential vitamins and minerals formulated to meet specific nutritional requirements. These premixes are widely used in the food and beverage industry to enhance products with vital nutrients.
The primary types of vitamin and mineral premixes include vitamin and mineral combinations, as well as individual vitamin and mineral formulations. Vitamin and mineral combinations are products designed to support specific health needs or address nutrient deficiencies. These premixes are available in various forms, including dry and liquid formulations, and find applications in feed, healthcare, food and beverages, and personal care industries.
The vitamin and mineral premixes market research report is one of a series of new reports that provides vitamin and mineral premixes market statistics, including vitamin and mineral premixes industry global market size, regional shares, competitors with a vitamin and mineral premixes market share, detailed vitamin and mineral premixes market segments, market trends and opportunities, and any further data you may need to thrive in the vitamin and mineral premixes industry. This vitamin and mineral premixes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The vitamin and mineral premixes market consists of sales of premix powder, nutritional products, and capsules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vitamin and Mineral Premixes Market Characteristics3. Vitamin and Mineral Premixes Market Trends and Strategies4. Vitamin and Mineral Premixes Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Vitamin and Mineral Premixes Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Vitamin and Mineral Premixes Market34. Recent Developments in the Vitamin and Mineral Premixes Market
5. Global Vitamin and Mineral Premixes Growth Analysis and Strategic Analysis Framework
6. Vitamin and Mineral Premixes Market Segmentation
7. Vitamin and Mineral Premixes Market Regional and Country Analysis
8. Asia-Pacific Vitamin and Mineral Premixes Market
9. China Vitamin and Mineral Premixes Market
10. India Vitamin and Mineral Premixes Market
11. Japan Vitamin and Mineral Premixes Market
12. Australia Vitamin and Mineral Premixes Market
13. Indonesia Vitamin and Mineral Premixes Market
14. South Korea Vitamin and Mineral Premixes Market
15. Western Europe Vitamin and Mineral Premixes Market
16. UK Vitamin and Mineral Premixes Market
17. Germany Vitamin and Mineral Premixes Market
18. France Vitamin and Mineral Premixes Market
19. Italy Vitamin and Mineral Premixes Market
20. Spain Vitamin and Mineral Premixes Market
21. Eastern Europe Vitamin and Mineral Premixes Market
22. Russia Vitamin and Mineral Premixes Market
23. North America Vitamin and Mineral Premixes Market
24. USA Vitamin and Mineral Premixes Market
25. Canada Vitamin and Mineral Premixes Market
26. South America Vitamin and Mineral Premixes Market
27. Brazil Vitamin and Mineral Premixes Market
28. Middle East Vitamin and Mineral Premixes Market
29. Africa Vitamin and Mineral Premixes Market
30. Vitamin and Mineral Premixes Market Competitive Landscape and Company Profiles
31. Vitamin and Mineral Premixes Market Other Major and Innovative Companies
35. Vitamin and Mineral Premixes Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Vitamin and Mineral Premixes Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vitamin and mineral premixes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for vitamin and mineral premixes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vitamin and mineral premixes market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Vitamin and Mineral Combination; Vitamin; Mineral2) By Form: Dry; Liquid
3) By Application: Feed; Healthcare; Food and Beverages; Personal Care
Subsegments:
1) By Vitamin and Mineral Combination: Multi-Vitamins and Minerals; Specialized Combinations2) By Vitamin: Water-Soluble Vitamins; Fat-Soluble Vitamins
3) By Mineral: Macro Minerals; Trace Minerals
Key Companies Mentioned: Cargill Incorporated; the Archer-Daniels-Midland Company; BASF SE; Koninklijke DSM NV; Glanbia plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Cargill Incorporated
- The Archer-Daniels-Midland Company
- BASF SE
- Koninklijke DSM NV
- Glanbia plc
- Alltech Inc
- Nutreco NV
- Barentz International BV
- Corbion NV
- Kemin Industries Inc.
- Innovd SA
- Hexagon Nutrition Limited
- Jubilant Ingrevia Limited
- Wright Enrichment Inc.
- NutraBlend Foods LLC
- Pharmline Inc
- Burkmann Industries Inc.
- Promois International
- Pristine Organics Private Limited
- Bar – Magen Ltd.
- Nutrilo GmbH
- Idena
- Simfa Labs Private Limited
- Vitablend Nederland BV
- SternVitamin GmbH & Co KG
- Prinova Group LLC
- Zagro Asia Ltd.
- Farbest-Tallman Foods Corporation
- Nutrasun Lifecare
- Preconex N.V.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 9.5 Billion |
Forecasted Market Value ( USD | $ 12.71 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |