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2021
Customized Premix Market

Customized Premix Market by Nutrient (Vitamins and Minerals), Form (Powder and Liquid), and Application (Beverages, Dairy, Cereals, Bakery & Confectionery, Nutrition Products, and Dietary Supplements): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13508
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Dec 2021 | 112 Views
   
Author(s) : Roshan Deshmukh
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Growth in demand for vitamin and mineral-enriched foods, as well as rise in consumer health awareness, is likely to propel the market forward. Vitamins, minerals, amino acids, nutraceuticals, fibers, and nucleotides are all included in customized premixes, which are dry or liquid tailored blends containing a variety of nutrients. The expansion in consumption of fortified beverages, particularly sports drinks and energy drinks, among sports fans and athletes around the world has resulted in a considerable increase in demand for personalized premixes.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Regions Covered

  North America, Europe, Asia-Pacific, and LAMEA

  Segments Covered

  Nutrient, Form, and Application

  Companies Covered

The Wright Group, Glanbia PLC, Royal DSM N.V., Farbest BrandsCorbion N.V., DPO International Sdn. Bhd., Chemische Fabrik Budenheim Kg, Stern Vitamin GmbH & Co. Kg, Vitablend Netherlands B.V., Watson Inc.

 

COVID-19 Impact analysis

  • The spread of COVID-19 prompted strict lockdown in several parts of the world and hampered a variety of sectors.
  • The gyms and fitness centers were closed down due to lockdowns causing a fall in the demand.
  • Supply chain disruption, restrictions on shipping & trade, and the shutdown of critical manufacturing units are just a few of the reasons that have had an influence on the broader economy.
  • The food business was also affected by the pandemic, as the restaurants closed down and the distribution channels got disrupted.
  • The food and agriculture industries are labor-intensive, social distancing rules impeded the production capacity of customized premix manufacturers during the early stages of the pandemic.

Top Impacting Factors

  • The change in hectic lifestyles of people had a significant impact on eating habits.
  • It led to nutrient deficiencies in the body's essential vitamins and minerals, as well as an increase in the occurrence of a variety of disorders. As a result, personalized premixes have shown to be the finest alternative for providing critical nutrients to the human body.
  • The nutritional features of the intended products are promoted by a combination of macro and micronutrients.
  • Amino acids, neuro-functional foods, vitamins, minerals, botanicals, and nucleotides are all included in these personalized premixes.

Market Trends

High Awareness among People Regarding their Health

Demand for customized premixes surged due to the availability of numerous nutrients in the form of a single product, and the global market for customized premixes was predicted to develop significantly during the forecast period. Customized premixes come in a range of blends, tastes, textures, and colors, and are given based on the amount of critical nutrients present, which boosts the demand for customized premixes and the global customized premix market. Custom premix manufacturing's operational efficiencies, such as reduced component inventory, lower quality control costs, supply chain complexity, and shorter lead times, result in lower costs and custom premix prices. Vitamins, amino acids, minerals, and nerves are among the custom premixes available on the global customized premix market. It includes components such as herbs, nucleotides, and functional foods. A customized premix combines a large number of components to boost the nutritional content of a product based on the demands of the user. The customized premix provides all of the needed macro and micronutrients in a single blend, enhancing the nutritional value of the product.

Surge in Processed Food Trend among People

People eat processed meals as a result of their hectic lifestyles, which is likely to boost the worldwide custom premix market forward. The worldwide customizable premix market is additionally boosted by advertising and promotional efforts. The desire for better and functional foods is likely to drive the expansion of the customized premix market around the world as consumer awareness of various nutritional components employed in flavors, colors, and textures has grown. Furthermore, there are reasons that are expected to drive growth in the target market, such as the increased consumption of prepared food and demand for packaged food as a result of healthy and nutritious meals.

Ready-to-eat Foods are one of the Biggest Market Trends

Rise in consumption of processed and ready-to-eat foods in both developed and emerging countries due to increased urbanization, incomes, and hectic lives. People use packaged foods as a result of their hectic lifestyles, which are expected to fuel the global growth of the customized premix sector. Global demand for personalized premixes is currently being driven by advertising and promotional initiatives. Personalized demand for premixes is thought to be influenced by increased awareness of proteins and other critical nutrients for health. Retail penetration is seen to be critical in raising these products' sales. As the popularity of health-conscious foods grows, so does the demand for them.

Key Segments Covered

Nutrient

  • Vitamins
  • Minerals

Form

  • Powder
  • Liquid

Application

  • Beverages
  • Dairy
  • Cereals
  • Bakery & Confectionery
  • Nutrition Products
  • Dietary Supplements

Region

  • North America 
    • U.S.
    • Canada
    • Mexico
  • Europe 
  • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA 
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the customized premix industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the customized premix market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the customized premix market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
  • The report provides a detailed customized premix market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in the Customized Premix Market Research Report

  • Which are the leading market players active in the customized premix market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is "customized premix market" prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "customized premix market"?
 
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