Nutritional Premixes Market by Product, Form, Application, %, Global Opportunity Analysis and Industry Forecast (2018-2023)
Meticulous
Research® – leading global market research company published a
research report titled “Nutritional Premixes Market Global Opportunity Analysis and Industry Forecast (2018-2023)”.
Accordingto this latest publication from Meticulous Research®, the globalnutritional premixes market will grow at a CAGR of 4.0% from 2018 to 2023 toreach USD 12,397.8 million by 2023, driven by growing health and wellness
trend, changing food landscape, increasing demand for fortified food products,
convenience in usage as a single ingredient over multiple ingredients, and
increasing demand for compound animal feed. In addition, expanding middle-class
population in emerging economies with growing awareness of nutrition and
emergence of developing countries as strong consumers for the feed applications
provides a significant opportunity for the manufacturers of nutritional
premixes globally.
Download a Free Sample
Report Now @
Based on
type, vitamin premixes commanded the largest share of the global nutritional
premixes market in 2017 and are expected to dominate the global nutritional
premixes market during the forecast period. The large market share of this
segment is attributed to increasing consumer preferences for blends of
different functional ingredients, multiple nutritional benefits of vitamins to
humans and animals, growing consumption of vitamin supplements due to rising
number of vitamin deficiency cases, and increasing demand for vitamin fortified
feed and food products. However, nucleotide premixes market is expected to
witness a rapid growth among all types during the forecast period, primarily
due to the increasing demand from infant nutrition and nutraceutical sectors.
Based on
form, powdered nutritional premixes commanded the largest share of the global
nutritional premixes market in 2017 and are expected to dominate the market
during the forecast period. The large share of this segment is mainly due to
its advantages over a liquid form such as better homogeneity, ease of handling,
simple transport economics, and better stability of premixes. However, the
liquid form is expected to witness a rapid growth during the forecast period,
due to its increasing demand from beverages manufactures.
Request
for a Premium Sample Report @
Based on
application, animal feed segment accounted for the largest share of the global
nutritional premixes market in 2017, primarily due to growing livestock
industry with the increasing meat consumption, ban on antibiotics, and
increasing importance for animal health and wellness. However, food and
beverages segment is expected to witness a rapid growth during the forecast
period, mainly attributed to the large number of functional benefits offered by
nutritional premixes to food and rising demand of fortified food and beverages
products. It is being increasingly used to enhance flavour & texture, boost
nutrient content, improve appearance, and add nutritional stability to finished
products.
Geographically,
the global nutritional premixes market is segmented into North America (U.S.
and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe),
Asia Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin
America (Brazil, Mexico, and Rest of Latin America), and Middle East &
Africa. Asia-Pacific commanded the largest share of the global nutritional
premixes market in 2017, followed by North America, and Europe. The largest
share of this region is due to growing compound animal feed industry, growing
economy, increasing demand of fortified food products, and rising investments
from major players in the region.
Key Players
The key
players operating in the global nutritional premixes market are Koninklijke DSM
N.V. (The Netherlands), Glanbia Plc (Ireland), BASF SE (Germany), Corbion N.V.
(The Netherlands), Watson Foods Co., Inc. (U.S.), Archer Daniels Midland
Company (U.S.), Cargill, Incorporated (U.S.), SternVitamin GmbH & Co. KG
(Germany), Vitablend Nederland B.V. (The Netherlands), Hellay Australia Pty.
Ltd. (Australia), Nutreco N.V. (The Netherlands), InVivo Agrosciences (France),
Farbest-Tallman Foods Corporation (U.S.), Jubilant Life Sciences Ltd. (India),
and Koninklijke Coöperatie Agrifirm U.A. (The Netherlands).
Enquire
or Share Your Questions if Any @
About Meticulous Research®
Meticulous
Research® was founded in 2010 and incorporated as Meticulous Market Research
Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956.
Since its incorporation, with the help of its unique research methodologies,
the company has become the leading provider of premium market intelligence in
North America, Europe, Asia-Pacific, Latin America, and Middle East &
Africa regions.
Contact Us:
Meticulous
Research®
Contact Sales- +91-744-778-0008
Comments
Post a Comment