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Customized Premixes - Global Market Trajectory & Analytics

  • ID: 5139755
  • Report
  • January 2021
  • Region: Global
  • 238 Pages
  • Global Industry Analysts, Inc
Global Customized Premixes Market to Reach US$ 2.1 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Customized Premixes estimated at US$ 1.5 Billion in the year 2020, is projected to reach a revised size of US$ 2.1 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027.Vitamins, one of the segments analyzed in the report, is projected to grow at a 6.3% CAGR to reach US$ 837 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Minerals segment is readjusted to a revised 5.2% CAGR for the next 7-year period. This segment currently accounts for a 22.3% share of the global Customized Premixes market.





The U.S. Accounts for Over 33.6% of Global Market Size in 2020, While China is Forecast to Grow at a 7.5% CAGR for the Period of 2020-2027

The Customized Premixes market in the U.S. is estimated at US$ 488 Million in the year 2020. The country currently accounts for a 33.61% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 264.2 Million in the year 2027 trailing a CAGR of 7.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 5.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR while Rest of European market (as defined in the study) will reach US$ 264.2 Million by the year 2027.

Amino Acids Segment Corners a 16.5% Share in 2020

In the global Amino Acids segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 192.7 Million in the year 2020 will reach a projected size of US$ 276.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 200.2 Million by the year 2027.The publisher brings years of research experience to this 7th edition of the report. The 238-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Select Competitors (Total 43 Featured):

  • AQC Chem Lab (P) Ltd.
  • Barentz International B.V.
  • Beijing Jinkangpu Food Science and Technique Co., Ltd.
  • Chemische Fabrik Budenheim KG
  • Coalescence LLC
  • Corbion N.V.
  • DSM Nutritional Products AG
  • Farbest Brands
  • Fuerst Day Lawson Ltd
  • Glanbia PLC
  • Hexagon Nutrition Pvt. Ltd.
  • Jubilant Life Sciences Limited
  • Manisha Pharmo Plast Pvt Ltd.
  • Mirpain Gida San. ve Tic. A.S.
  • Mühlenchemie GmbH & Co. KG
  • Nature's Logic®
  • Nutrifusion LLC
  • PD Navkar Bio Chem Pvt Ltd.
  • Piramal Enterprises Ltd.
  • Prinova Group LLC
  • Stern Vitamin GmbH & Co. KG
  • The Wright Group
  • Ufuk Kimya Ilac San.Tic.Ltd.Stl
  • Vitablend Netherlands B.V.
  • Watson Inc.
Frequently Asked Questions about the Global Market for Customized Premixes

What is the estimated value of the Global Market for Customized Premixes?

The Global Market for Customized Premixes was estimated to be valued at $1.5 Billion in 2020.

What is the growth rate of the Global Market for Customized Premixes?

The growth rate of the Global Market for Customized Premixes is 4.9%, with an estimated value of $2.1 Billion by 2027.

What is the forecasted size of the Global Market for Customized Premixes?

The Global Market for Customized Premixes is estimated to be worth $2.1 Billion by 2027.
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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • From Food Security to Health Security, the Pandemic Sends Functional Foods Cruising Down a New Road of Opportunity
  • COVID-19 Pandemic Leads to Increased Consumer Focus on Health Foods
  • Pandemic Increases Consumer Demand for Healthier Ingredients in Foods and Beverages
  • Customized Premixes: A One Stop Solution for Nutritional Requirements
  • Types of Premixes
  • Global Market Prospects & Outlook
  • Developed Economies to Lead Market, Developing Regions Poised for High Growth
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Concerns over ‘Hidden Hunger’ Fuels Importance of Customized Premixes in Addressing Nutrient Imbalances
  • Consumer Focus on Healthy Living and Resultant Rise in Demand for Health Foods: Opportunity for Customized Premixes
  • With Packaged Foods Subject to High Level of Processing, Need for Food Enrichment Fuels Demand for Customized Premixes
  • Rising Demand for Functional and Fortified Foods Bodes Well for Customized Premixes Market
  • EXHIBIT 1: Global Functional Foods and Drinks Market (in US$ Billion) by Region/Country for 2020 and 2027
  • Increasing Significance of Custom Premixes for Dietary Supplements
  • EXHIBIT 2: Global Nutraceuticals Market by Region/Country (in US$ Million) for 2019 and 2024
  • Customized Premixes Find Growing Acceptance in Infant Nutritional Premix Market
  • EXHIBIT 3: Global Infant Nutrition Premix Market by Function (in %) for 2020E
  • Customized Beverage Premixes: Providing Essential Micronutrients
  • Emergence of Fit & Active Consumer Drives Sports Nutrition Market Mainstream
  • EXHIBIT 4: Global Functional Drinks Market by Segment: 2019
  • Antioxidants Gain Importance in Fortified Beverages
  • Customized Vitamin Premixes Gain Momentum
  • Focus on Addressing Micronutrient Malnutrition Drives Demand for Customized Mineral Premixes
  • Premix Blends Continue to Gain Popularity
  • Market to Benefit from Technology-Driven Advancements in Food Processing Techniques
  • Drum-to-Hopper Manufacturing Technique Finds Favor Among Market Players
  • Digital Marketing Opens Up New Avenues of Growth
  • Millennials’ Inclination towards Health and Wellness and the Ensuing Focus on Health Foods Drive Market Gains
  • EXHIBIT 5: Global Millennials Population Spread by Region: 2019
  • EXHIBIT 6: Millennial Population as a Percentage (%) of Total Population in Select Countries: 2019
  • Demographic Factors Drive Demand for Fortified, Functional & Enriched Foods, Fueling Market Prospects
  • Ballooning Global Population
  • EXHIBIT 7: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Urbanization Trend
  • EXHIBIT 8: World Urban Population in Thousands: 1950-2050P
  • EXHIBIT 9: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Burgeoning Middle Class Population
  • EXHIBIT 10: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • EXHIBIT 11: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025 & 2030
  • Challenges Confronting the Customized Premixes Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
  • COVID-19 Outbreak Triggers Interest in Immunity Boosting Diet
  • Changing Consumer Perceptions about Health and Wellness to Benefit Market
  • Rising Demand for Functional Foods to Fuel Demand for Custom Premixes
  • EXHIBIT 12: US Functional Foods Market by Ingredient (in %) for 2020E
  • Rise in Demand for Products that Promote Gut and Digestive Health
  • Rise in Popularity of Healthy Functional Beverages
  • Market Analytics
  • CANADA
  • JAPAN
  • CHINA
  • Rising Emphasis on Healthy Living Fuels Demand for Fortified & Enriched Foods, Driving Demand for Customized Premixes
  • Market Analytics
  • EUROPE
  • Consumer Focus on Health and Wellness Boosts Growth Prospects
  • Market Analytics
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD

IV. COMPETITION
  • Total Companies Profiled: 83
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