Global Food Grade Vitamin and Mineral Premixes Market Ecosystem By Product Type; By Form; By Functionality; By Application (Clinical Nutrition, Infant Formulae, Sport Nutrition, Others); By Region - Forecast to 2027

In terms of revenue, the global market for the food-grade vitamin & mineral premixes market was valued at US$ 5,263.0 Mn in 2018, expanding at a CAGR of 5.1% during the forecast period. In terms of volume, the market stood at 154.6 Kilo Tons in 2018 and is expected to reach XX Kilo Tons by the end of the forecast period, registering an annual growth of 4.1% during the forecast period.

Rising consumption of vitamin & mineral enriched food & beverage products is one of the key factors supporting the growth of the market at present. Sports nutrition is one such beverage item that is consumed by people across the globe. Rising physical activity among the consumers in Germany has resulted in an increased sale of sports nutrition products. Further, product efficacy plays a key role in regulating sales. Manufacturers have taken the initiative of listing the ingredients on the label itself, which helps the customers to choose products according to their nutritional requirements.
 

Figure 1: Food Grade Vitamin and Mineral Premixes Market Ecosystem Snapshot

In terms of product type, multi-vitamin & mineral premixes dominated the global market for food-grade vitamins & minerals market in 2018 and is expected to display a similar trend in the coming years as well. Consumption of multi-vitamin & mineral premixes is associated with several benefits which include heightened energy levels, improved muscle strength, reduction in anxiety levels and stress, and improved brain function, among others. However, compound vitamins & minerals are expected to register a higher growth rate in the coming years owing to shift in consumer preference towards more personalized treatment. For decades, multivitamin & minerals have remained as the go-to supplement for the mass, and the trend is visible even today. However, the rising demand for more personalized treatment is a key factor supporting the rapid growth of the compound vitamins market. Consumers falling in the middle- & upper-income group have shown increased interest towards a more personalized approach with regards to their vitamin & mineral requirements and are willing to get diagnosed by a doctor and are also willing to pay a higher price for the same.

Based on form, the global market for food-grade vitamins and mineral premixes market is bifurcated into solid and liquid.Liquid premixes have garnered favorable attention from customers and the trend is likely to strengthen in the coming years. Liquid premixes have found fair application in several final products including sports drinks. Due to their easy absorption, liquid premixes can be absorbed up to 98%. Further, liquid premixes are easy to digest, and they can be absorbed by the bloodstream immediately. This is resulting to higher preferences of these products by the geriatric population across the globe. However, high price competency is a key factor that is impeding the growth of the liquid premixes market at present. Solid premixes are an easy way for a manufacturer to offer a customized product, which is a key reason for manufacturers are focusing upon the development of products. However, solid premixes such as capsules and pills are often made with several fillers and binders, which lowers the absorption of active nutrients in the human body.

Food Grade Vitamin and Mineral Premixes Market: Segmentation

By Product Type	By Form	By Functionality	By Application
Multi-Vitamin & Mineral Premixes	Solid	Skin Health	Clinical Nutrition
Compound Vitamin & Mineral Premixes	Liquid	Bone Health	Infant Formulae
		Immunity	Sport Nutrition
		Others	Others

Global Food Grade Vitamin and Mineral Premixes Market- Ecosystem

North America food-grade vitamins and mineral premixes market was US$ 1209.1 Mn in 2018, and the same is expected to reach US$ XX Mn by 2026, expanding at a CAGR of 5.4% during the forecast period. Growing consumption of dietary supplements in North America has been a significant factor in driving the demand for food-grade vitamin and mineral premixes over the years. Further, supplementation with calcium and vitamin D increases bone mineral density, decreases fracture rates in postmenopausal women, and this has resulted in a rise in preference for these supplements in North America. In addition to this, there is a rise in the demand for fortified food products among the population, which is also triggering the overall market growth during the forecast period. Asia Pacific food-grade

vitamins and mineral premixes market was is expected to grow with a CAGR of 5.7% during the forecast period. People’s focus on specific health benefits is experiencing growth in the Asia Pacific region owing to the changing lifestyle of customers. Increasing income, buying power and consumer demands for nutritional and healthy foodstuff deliver promising prospects for growth and expansion of fortified food premixes in this region. At the same time, rising participation in sporting activities among consumers in the Asia Pacific is a key factor supporting the market growth of the food-grade vitamin & mineral premixes market in the region. Further, apart from athletes and bodybuilders, mainstream consumers have also shown interest in maintaining a healthy lifestyle, as a result of which they have shown an increased interest in the consumption of vitamin & mineral fortified food products.

Global Food Grade Vitamin and Mineral Premixes Market- Ecosystem: Market Statistics

There are many trends that are having an impact on the market forecast. These, when evaluated from a company’s perspective, can drive growth. Our numerous consulting projects have generated sizeable synergies across all regions and all sizes of companies.
 

The major players operating in the Global Food Grade Vitamin and Mineral Premixes Market- Ecosystem are as follows:
 

Table 2: Global Food Grade Vitamin and Mineral Premixes Market- Ecosystem: Key Players

Company	Ecosystem Positioning	Total Revenue	Industry	Region
Glanbia Plc	By Form, By functionality, By application	US$ 2640.1 Mn	Consumer Goods	Global
BASF SE	By Form, By functionality, By application	US$ 69721.9 Mn	Chemical	Global
Corbion N.V	By Form, By functionality, By application	US$ 992.24 Mn	Chemical	Global
Jubilant Life Sciences Limited	By Form, By functionality, By application	US$ 465.4 Mn	Healthcare	Global
DSM N.V	By Form, By functionality, By application	US$ 9801.3 Mn	Consumer Goods	Global

The interconnectivity module focuses on the key nodes of heterogeneous markets in detail. AR VR, 3D printing, internet of things, robotic automation, artificial intelligence, and 5G integration markets are some of our key researched markets

Figure 3 – Global Food Grade Vitamin and Mineral Premixes Market- Ecosystem Major Interconnectivity

Global Food Grade Vitamin and Mineral Premixes Market- Ecosystem: Key Trends

• Growing demand for fortified foods
• Increasing number of population suffering from vitamin D deficiency

 

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