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Global Customised Premixes Market to Reach About USD 2 Billion by 2027, Aided by the Growing Trend of Health and Wellness

According to a new report by EMR titled, ‘Global Customised Premixes Market Report and Forecast 2022-2027’, the global market for customised premixes is expected to grow at a CAGR of 5.60% in the forecast period of 2022-2027 to reach a value of nearly USD 2 billion by 2027.

The market for customised premixes is being bolstered by the growing trend of health and wellness, which is surging consumers’ inclination towards nutrient-rich products. With the food and beverage sector attempting to develop nutritional and healthy products, the demand for customised premixes is growing. As various food and beverage companies are increasingly focusing on enhancing their profitability by minimising sourcing activities, customised premixes are preferred to reduce freight charges and quality testing costs. The growing utilisation of customised premixes to streamline inventory management and boost operational efficiencies of warehousing, procurement, and production is fuelling the market growth. Furthermore, the increasing research and development (R&D) activities to enable the development of innovative customised premixes with minimal flavour impact and nutrient loss are expected to propel the growth of the market.

Koninklijke DSM N.V. (OTCMKTS: RDSMY), one of the leading companies in the market, opened an extended manufacturing facility in Buk, Poland, in June 2021. The plant enhances the company’s end-to-end premix capabilities to serve consumers across the Middle East and Africa and Europe. The site sets a new standard of quality in premixes for Early Life Nutrition and meets the rising demand for tailored nutritional premix solutions. Moreover, the manufacturing facility would aid the company to deploy advanced mixing technologies for the development of customised formulas for challenging applications. It would also aid the company to enhance consumers’ experience by reducing lead times and improving service levels. Such expansions are increasing the development of innovative and customised premixes, which is significantly contributing to the growth of the market.

Market Analysis by Nutrient, Form, Function, Application, and Region:

  • The market, on the basis of nutrients, can be divided into vitamins, minerals, amino acids, nucleotides, and nutraceuticals, among others.
  • Based on form, the industry can be divided into powder and liquid.
  • The major functions of customised premixes include bone health, skin health, energy, immunity, and digestion, among others.
  • By applications, the market is segmented into food and beverages, dietary supplements, and nutrition products, among others.
  • The regional markets for customised premixes include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising use of customised premixes in animal feed to promote animal health is providing impetus to the market’s expansion.
  • With the growing consumption of nutritional and healthy drinks, the incorporation of customised premixes to boost their nutrition profile is surging, hence driving the market.
  • The market growth of customised premixes can be attributed to the rising health consciousness, the growing popularity of ready-to-eat food, the expanding trend of on-the-go consumption, and the surging popularity of cereal bars.
  • The development of innovative liquid premixes for use in cereals, salad dressings, dietary supplements, and infant milk formula, among others, is driving the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for customised premixes for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the nutrients, forms, functions, applications, and major regions of customised premixes.
  • It assesses the regional price trends for the (2017-2021) and (2022-2027) periods. 
  • The market report also analyses the trade data by covering the major importing and exporting countries. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global customised premixes market are Chemische Fabrik Budenheim KG, Corbion N.V., Koninklijke DSM N.V., Vitablend Netherland B.V., Prinova Group LLC, and SternVitamin GmbH & Co. KG, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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