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Food Fortification Premix Market Report and Forecast 2024-2032

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    Report

  • 215 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5926194
Global Food Fortification Premix Market Report and Forecast 2024-2032

Market Outlook

According to the report the global food fortification premix market grew significantly in 2023. Aided by the escalating global emphasis on enhanced nutrition and the diverse applications of food fortification premixes, the market is projected to further grow at a CAGR of 5.8% between 2024 and 2032.

Food fortification premixes are customised blends of vitamins, minerals, and other nutritional elements. These are primarily designed to boost the nutrient content of food products, ensuring they cater to the nutritional requirements of the larger population. Central to several global nutrition strategies, these premixes are pivotal in combating micronutrient deficiencies, enhancing overall health and wellness.

Given the escalating cases of malnutrition and micronutrient deficiencies worldwide, the importance of fortified foods has become more pronounced than ever. From staple foods like bread and rice to beverages and infant formulas, the application of food fortification premixes spans across a wide range of food products, aiming to make nutrition accessible and standardised.

One of the key drivers bolstering the global food fortification premix market growth is the rising consumer consciousness regarding holistic health. As information becomes more accessible, the global populace is becoming increasingly aware of the nutritional gaps in their diets. This awareness, coupled with a higher purchasing power, is amplifying the demand for fortified foods.

According to the food fortification premix market analysis, with the burgeoning fitness trend and a growing inclination towards preventive healthcare, the demand for fortified dietary supplements has seen a remarkable surge. Athletes, fitness enthusiasts, and even the general health-conscious public are inclining towards supplements enhanced with food fortification premixes to ensure optimal nutrient intake.

Beyond the food and beverage industry, the expanding pharmaceutical sector is a major reason of the surge in food fortification premix market demand. Their role in producing nutrient-rich medicinal preparations, especially for demographics like pregnant women and children, has been pivotal. On the cosmetic frontier, the trend of infusing skincare products with vitamins and minerals harnesses the benefits of these premixes, promoting skin health and vitality.

Furthermore, the global food fortification premix market stands at the intersection of health, science, and consumer demand. As the world grapples with health challenges, from malnutrition in underdeveloped regions to lifestyle diseases in urban settings, the role of fortified foods becomes indispensable.

Market Segmentation

The market can be divided based on type, form, application, and region.

Market Breakup by Type

  • Vitamin Premix
  • Mineral Premix
  • Vitamin and Mineral Premix
  • Others

Market Breakup by Form

  • Powder
  • Liquid

Market Breakup by Application

  • Sports Nutrition and Dietary Supplements
  • Infant and Early Nutrition
  • Processed Foods
  • Beverages
  • Food Staples
  • Home Fortification

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global food fortification premix market. Some of the major players explored in the report are as follows:
  • DSM Nutritional Products AG
  • Glanbia plc
  • SternVitamin GmbH & Co. KG
  • Vitablend Nederland B.V.
  • Wright Enrichment Inc.
  • Prinova Group LLC
  • Piramal Group
  • Jubilant Ingrevia Limited
  • Farbest-Tallman Foods Corporation
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Food Fortification Premix Market Analysis
8.1 Key Industry Highlights
8.2 Global Food Fortification Premix Historical Market (2018-2023)
8.3 Global Food Fortification Premix Market Forecast (2024-2032)
8.4 Global Food Fortification Premix Market by Type
8.4.1 Vitamin Premix
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mineral Premix
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Vitamin and Mineral Premix
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Food Fortification Premix Market by Form
8.5.1 Powder
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Liquid
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Food Fortification Premix Market by Application
8.6.1 Sports Nutrition and Dietary Supplements
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Infant and Early Nutrition
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Processed Foods
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Beverages
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Food Staples
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Home Fortification
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.7 Global Food Fortification Premix Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Food Fortification Premix Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Food Fortification Premix Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Food Fortification Premix Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Food Fortification Premix Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Food Fortification Premix Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Global Food Staples Fortification Premix Market Analysis
16.1 Key Industry Highlights
16.2 Global Food Staples Fortification Premix Historical Market (2018-2023)
16.3 Global Food Staples Fortification Premix Market Forecast (2024-2032)
16.4 Global Food Staples Fortification Premix Market by Type
16.4.1 Edible Oil Fortification Premix
16.4.1.1 Market Share
16.4.1.2 Historical Trend (2018-2023)
16.4.1.3 Forecast Trend (2024-2032)
16.4.2 Milk Fortification Premix
16.4.2.1 Market Share
16.4.2.2 Historical Trend (2018-2023)
16.4.2.3 Forecast Trend (2024-2032)
16.4.3 Wheat/Maize Flour Fortification Premix
16.4.3.1 Market Share
16.4.3.2 Historical Trend (2018-2023)
16.4.3.3 Forecast Trend (2024-2032)
16.4.4 Fortified Salt Premix
16.4.4.1 Market Share
16.4.4.2 Historical Trend (2018-2023)
16.4.4.3 Forecast Trend (2024-2032)
16.4.5 Rice Fortification Premix
16.4.5.1 Market Share
16.4.5.2 Historical Trend (2018-2023)
16.4.5.3 Forecast Trend (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 DSM Nutritional Products AG
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Glanbia plc
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 SternVitamin GmbH & Co. KG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Vitablend Nederland B.V.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Wright Enrichment Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Prinova Group LLC
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Piramal Group
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Jubilant Ingrevia Limited
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Farbest-Tallman Foods Corporation
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Food Fortification Premix Market: Key Industry Highlights, 2018 and 2032
2. Global Food Fortification Premix Historical Market: Breakup by Type (Kilo Metric Tons), 2018-2023
3. Global Food Fortification Premix Market Forecast: Breakup by Type (Kilo Metric Tons), 2024-2032
4. Global Food Fortification Premix Historical Market: Breakup by Form (Kilo Metric Tons), 2018-2023
5. Global Food Fortification Premix Market Forecast: Breakup by Form (Kilo Metric Tons), 2024-2032
6. Global Food Fortification Premix Historical Market: Breakup by Application (Kilo Metric Tons), 2018-2023
7. Global Food Fortification Premix Market Forecast: Breakup by Application (Kilo Metric Tons), 2024-2032
8. Global Food Fortification Premix Historical Market: Breakup by Region (Kilo Metric Tons), 2018-2023
9. Global Food Fortification Premix Market Forecast: Breakup by Region (Kilo Metric Tons), 2024-2032
10. North America Food Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
11. North America Food Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
12. Europe Food Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
13. Europe Food Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
14. Asia Pacific Food Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
15. Asia Pacific Food Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
16. Latin America Food Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
17. Latin America Food Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
18. Middle East and Africa Food Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
19. Middle East and Africa Food Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
20. Global Food Staples Fortification Premix Market: Key Industry Highlights, 2018 and 2032
21. Edible Oil Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
22. Edible Oil Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
23. Milk Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
24. Milk Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
25. Wheat/Maize Flour Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
26. Wheat/Maize Flour Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
27. Fortified Salt Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
28. Fortified Salt Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
29. Rice Fortification Premix Historical Market: Breakup by Country (Kilo Metric Tons), 2018-2023
30. Rice Fortification Premix Market Forecast: Breakup by Country (Kilo Metric Tons), 2024-2032
31. Global Food Fortification Premix Market Structure

Companies Mentioned

  • DSM Nutritional Products AG
  • Glanbia Plc
  • SternVitamin GmbH & Co. KG
  • Vitablend Nederland B.V.
  • Wright Enrichment Inc.
  • Prinova Group LLC
  • Piramal Group
  • Jubilant Ingrevia Limited
  • Farbest-Tallman Foods Corporation

Methodology

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