Food Premix Market

Food Premix Market Outlook (2023 to 2033)

As per Fact.MR, worldwide food premix demand has reached a market valuation of US$ 1.67 billion in 2023 and is projected to increase to US$ 2.88 billion by the end of 2033. The global food premix market has been forecasted to increase at a CAGR of 5.6% over the next ten years (2023 to 2033).

A food premix is a mixture of several nutrients, including vitamins, amino acids, and antibiotics. Both food fortification and supplement products use it. Micronutrient deficiency in the diet leads to malnutrition and serious health problems. It improves the nutritional content of meals and drinks and gives the body the nourishment it needs.

Vitamin D found in the food premix aids in metabolism and calcium absorption in the body. The primary drivers of market expansion are rising consumer demand for convenient food items and increasing demand for food premixes in the field of medical nutrition.

Rising health and wellness trends, the convenience of using food premixes as a single ingredient over multiple ingredients, and a rise in people with micronutrient deficiencies are all factors contributing to market growth. The geriatric population is spending more on enriched and functional food due to an increase in cases of appetite loss.

• Amino acids are the most preferred ingredient type in food premix, with a market revenue share of 35%. Revenue shares of vitamins and minerals in the market will also remain significant.

Manufacturers include beneficial additives such as vitamin premixes because of the increased demand for nutrient-rich foods from consumers who are worried about their health. To enhance the appearance, flavor, and utility of their products, food manufacturers utilize a range of ingredients.

Emergence of functional products has been impacted by consumer desire for convenient items that have a consistent composition, taste good, and offer health advantages. The growth of food premixes in the food and beverage sector is anticipated to be fueled by customized micronutrient blends, which provide affordable solutions while taking high-quality raw ingredients into account.

Increasing prevalence of foodborne diseases is driving market growth. Food-related illnesses are caused by contaminated food. It can happen at any point in the food delivery process's production and consumption chain. Food-related illnesses can be caused by many circumstances, including environmental contamination such as pollution and poor food processing and storage.

Report Attributes	Details
Food Premix Market Size (2023)	US$ 1.67 Billion
Projected Market Value (2033)	US$ 2.88 Billion
Global Market Growth Rate (2023 to 2033)	5.6% CAGR
Market Share of Powdered Food Premixes (2023)	70%
Japan Market Size (2023)	US$ 73.5 Million
India Market Growth Rate (2023 to 2033)	7.1% CAGR
China Market Size (2033)	US$ 328.4 Million
Market Share of Amino Acids (2023)	35%
United States Market Growth Rate (2023 to 2033)	5.3% CAGR
Key Companies Profiled	Glanbia PLC ADM BASF SE Farbest Brands Jubilant Life Sciences Fenchem Biotek Ltd. Koninklijke DSM N.V. Prinova Group LLC Watson Inc. Barentz International LycoRed Ltd. SternVitamin GmbH Hexagon Nutrition Pvt. Ltd.

What are the Key Factors Driving the Food Premix Industry Forward?

“Increasing Preference for Nutraceutical Supplements”

Consumer demand for clean-label foods and other healthy items has been growing steadily over time. One of the major drivers of the market's increased demand for customized blends is the rising relevance of health and the incidence of micronutrient deficiencies, particularly in young children.

People are always looking for healthy indulgences that holistically boost their health and wellness as they have grown more health-conscious in recent years. The use of nutraceuticals has also been rising rapidly as a result of the development of several lifestyle problems in modern society, including obesity, cardiovascular disease, and diabetes.

“Immunity-boosting Advantages of Food Premixes”

Growing consumer interest in the product and a greater awareness of the immunity-boosting advantages of a healthy diet and eating habits are two major factors fueling the market's rise. To maintain optimum health, consumers are, including bioactive food ingredients such as omega-3 fatty acids, antioxidants, probiotics, amino acids, and others in their diets.

The content about the value of micronutrients and the inclusion of wholesome foods in regular diets has appeared on various social media platforms. This has been used as leverage by both children and adults, promoting the consumption of foods high in minerals and vitamins.

“Rising Demand for Food Fortification”

High prevalence rate of micronutrient deficiency diseases among the population worldwide is driving the demand for food fortification. Food products such as sugar, flour, maize, vegetable oils, and wheat are generally fortified with mineral ingredients for ensuring better health, which in turn has been driving demand for food premix over the past few years.

Consumption of nutrient premixes, such as amino acid-based infant formula, is also showcasing a surge, driven by the growing preference of consumers for nutritional fortification of baby food products and infant formula. In addition, Ingredients such as arachidonic acid (ARA) and docosahexaenoic acid (DHA) are also being added to food premix along with vitamins and iron, which in turn has proliferated the demand for food premixes.

Which are the Potential Barriers to Food Premix Consumption Growth?

“High Cost of Food Fortification and Insufficient Storage Facilities”

Transport issues and inadequate food product labeling can further impede market expansion. Insufficient storage facilities and a lack of awareness about food premix are two problems limiting market growth.

Market growth is hampered by the high costs associated with food fortification techniques for large-scale food manufacturing. Advanced technologies are needed for food fortification, hence many firms are outsourcing premix production, which raises the cost of production.

How are Start-ups Shaping the Future of the Food Premix Space?

“New Companies Concentrating on Offering Functional Superfoods”

Humans are significantly impacted by rising global temperatures, which can also result in headaches, cramps, and dehydration. Rich supplements boost the electrolyte content of water, which maintains the body hydrated for a considerable amount of time. As a result, new entrants are creating functional superfoods that boost the hydrating capacity of water.

• Functional superfoods are developed by a start-up based in the United States, RDCL Superfoods, Inc. A functional superfood mixture called Radical Elements moisturizes the body, boosts immunity and mental focus, and mixes well with actual meals, vitamins, minerals, and botanicals. The gluten-free remedy also includes Rhodiola, coconut water, L-theanine from green tea, and vitamin C from acerola berries. Together, these improve the hydrating capacity of water.

Country-wise Insights

Will the United States Continue to Hold a Leading Share of the Food Premix Market?

“Market Surging Ahead on Back of Increase in Large-scale Food Processing Industries”

• Sales of food premixes in the United States are estimated to reach a market value of US$ 867.2 million by 2033.

Increase in large-scale food processing industries and high demand for dietary supplements are propelling market growth in the United States. Rising incidences of chronic diseases, surging consumer demand for innovative and healthy food products, and the presence of top food premix producers are boosting market growth.

How is the United Kingdom Creating Growth Opportunities for Food Premix Producers?

“Presence of Well-developed Sports Nutrition Industry”

• The market in the United Kingdom is valued at US$ 248.9 million in 2023.

In the United Kingdom, key market players are heavily investing in R&D projects and offering products with the latest technology and maximum efficiency. An increase in consumer spending on healthy and nutritious food and people’s desire to remain fit has brought about an incremental shift in food expenditure. Market growth is attributed to the well-developed sports nutrition industry.

What is Spurring the Demand for Food Premixes in China?

“Rise in Nutraceutical Manufacturing Companies”

• Demand for food premixes in China is predicted to evolve at a CAGR of 4.3% over the forecast period.

Increasing population is one of the key factors behind the rising consumption of food premixes. Growing consumer health consciousness and increased demand for fortified food items, and a rise in nutraceutical manufacturing companies are all factors contributing to the growth of this regional market.

The food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry. The growth of the market is driven by the introduction of various HoReCa chains and the increasing trend among the elderly population to live longer & healthier lives.

Category-wise Insights

Which Food Premix Form Has Remained Popular in the Global Market?

“Powdered Food Premixes Highly Preferred Due to Ease of Use and Storage Convenience”

• Based on form, the market is divided into powder and liquid.
• Powdered food premixes are leading the overall market, holding 70% share.

According to Fact.MR’s analysis, powdered food premixes are estimated to be sought-after among consumers worldwide over the coming years, on account of their ease of use and storage convenience. Demand for powdered food premixes is increasing due to their advantages over liquid premixes, including superior homogeneity, and improved stability, this category has a significant market share. Revenues from sales of powdered food premixes will remain considerably larger than those procured from liquid food premixes.

Competitive Landscape

Leading companies are enhancing their manufacturing capabilities, and launching new products to increase their market share. They are using various techniques such as promotional activities, new developments, quality control, and supply chain management to attract consumers.

For instance :

• In 2019, Buddy Nutrition unveiled its newest line of protein powders, which come in a variety of flavors, including vegan and paleo-friendly options. The product has 17 macro ingredients and comes in seven distinct flavors.
• In 2021, for immunity, SternVitamin introduced micronutrient premixes. These micronutrients perform a variety of tasks that support the immune system that assists to combat germs and viruses. The firm aims to meet the rising demand for goods that promote immunological health.

Key Segments of Food Premix Industry Research

• Form Type :

  • Powdered Food Premix
  • Liquid Food Premix

• Ingredient Type :

  • Vitamin Food Premix
  • Mineral Food Premix
  • Nucleotides Food Premix
  • Amino Acids Food Premix
  • Botanical Food Premix

• Function Type :

  • Food Premix for Bone Health
  • Food Premix for Immunity
  • Food Premix for Digestion
  • Food Premix for Energy
  • Food Premix for Heart Health
  • Food Premix for Weight Management
  • Food Premix for Vision Health
  • Food Premix for Brain Health & Memory
  • Food Premix for Other Function Types

• Application :

  • Food Premix for Early Life Nutrition/Baby Food
  • Food Premix for Food & Beverages
  • Food Premix for Dietary Supplements
  • Food Premix for Pharma OTC
  • Food Premix for Nutritional Improvement Program