Dublin, April 10, 2018 -- The "Vitamin & Mineral Premixes Market by Type (Vitamins, Minerals, Vitamin & Mineral Combinations), Application (Food & Beverages, Feed, Healthcare, and Personal Care), Form (Powder and Liquid), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Vitamin & Mineral Premixes Market is Estimated at USD 6.93 Billion in 2017 and is Projected to Reach USD 8.93 Billion By 2022, at a CAGR of 5.2% from 2017
The growth of this market is attributed to the growing demand for fortified food & beverage products, the rise in consumption of compound feed, the growing need for food enrichment due to high processing levels of food products, and customized nature & specificity to individual customer requirements. High costs of fortified and enriched products, strict regulatory policies for feed fortification, and involvement of high costs for R&D activities are some of the restraining factors affecting the growth of this market.
In 2017, the feed segment accounted for the largest share of the vitamin & mineral premixes market, in terms of value. Insufficient nutrition is a major cause of low live-weight gains, infertility, low milk yields, and other health issues in animals. Premixing ensures the right blend of all micro-ingredients-in the right proportion, purity, form, distribution, and potency-required in the complete animal feed. Increase in consumer awareness regarding required pet nutrition has led to the demand for specialty nutrition and condition-specific pet health formulas such as vitamin & minerals premixes for feed applications.
The large market share of vitamin & mineral combinations in various food & feed applications can be attributed to these products being a cost-effective solution to customers and availability of multiple nutrients to humans and animals. The market for vitamin & mineral combinations segment is estimated to grow at a significant rate due to the prevalence of vitamin and mineral deficiencies, anemia in developing countries and increased consumer preferences for blends of different functional ingredients. Leading manufacturers are tapping this opportunity and addressing the malnutrition by introducing blends of vitamin & mineral premixes for a wide range of applications.
North America accounted for the largest share in 2017, in terms of value. The demand for healthy foods and functional foods & beverages has increased, owing to the low level of exposure to essential nutrients caused by the high consumption of processed & convenience foods due to the consumers' busy lifestyles.
Hence, the demand for vitamin & mineral premixes is expected to increase in the future with the increased feed production. Vitamin & mineral premixes are increasingly used in new product applications such as cereal-based products, dairy products, nutritional foods, beverages, infant formulas, and dietary supplements.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Unit Considered
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown And Data Triangulation
2.4 Research Assumptions & Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Vitamin & Mineral Premixes Market
4.2 Vitamin & Mineral Premixes Market, By Key Country
4.3 Vitamin & Mineral Premixes Market, By Application & Region
4.4 Asia Pacific Vitamin & Mineral Premixes Market, By Country & Type
4.5 Vitamin & Mineral Premixes Market Snapshot, By Form
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in Demand for Functional And Fortified Foods
5.2.1.2 Growth in Need for Food Enrichment Due to High Processing Levels of Food Products
5.2.1.3 Growth in Compound Feed Consumption
5.2.1.4 Customizability And Specificity to Individual Customer Requirements
5.2.1.5 Convenience in Usage As a Single Ingredient Instead of Multiple Ingredients
5.2.2 Restraints
5.2.2.1 High Costs Involved in R&D Activities
5.2.2.2 Higher Costs of Fortified And Enriched Products
5.2.2.3 Stringent & Time-Consuming Regulatory Policies for Fortification of Feed
5.2.3 Opportunities
5.2.3.1 Growing Consumer Inclination Toward Health Foods
5.2.3.2 Developing Countries Emerge As Strong Consumers in the Feed Application
5.2.4 Challenges
5.2.4.1 Inaccurate Labeling of Food Products
5.3 Supply Chain Analysis
5.3.1 Raw Material Procurement
5.3.2 Production
5.3.3 Distribution
5.3.4 Industrial Customers
5.4 Regulatory Framework
5.4.1 Regulations for Feed Applications
5.4.2 Regulations for Food & Beverages And Healthcare Applications
5.4.2.1 Dietary Trends
5.4.2.2 Recommended Nutrient Intakes
5.4.2.3 Canada
5.4.2.4 US
5.4.2.5 Mexico
5.4.2.6 European Union (Eu)
5.4.2.7 Japan
5.4.2.8 China
5.4.2.9 India
5.4.2.10 Australia & New Zealand
5.4.2.11 Brazil
6 Vitamin & Mineral Premixes Market, By Type
6.1 Introduction
6.2 Vitamin & Mineral Combinations
6.3 Vitamins
6.4 Minerals
7 Vitamin & Mineral Premixes Market, By Application
7.1 Introduction
7.2 Feed
7.3 Food & Beverages
7.3.1 Bakery Products
7.3.2 Beverages
7.3.3 Dairy Products
7.3.4 Cereals
7.3.5 Others
7.4 Healthcare
7.4.1 Nutritional Products
7.4.2 Dietary Supplements
7.5 Personal Care
8 Vitamin & Mineral Premixes Market, By Form
8.1 Introduction
8.2 Powder Form
8.3 Liquid Form
9 Vitamin & Mineral Premixes Market, By Functionality
9.1 Introduction
9.2 Bone Health
9.3 Skin Health
9.4 Energy
9.5 Immunity
9.6 Digestion
9.7 Others
10 Vitamin & Mineral Premixes Market, By Brand
10.1 Introduction
10.2 Nutrivan
10.3 Sternvit
10.4 Fortitech
10.5 Superblend
10.6 Vitaboost10
10.7 Anavite
10.8 Quali
10.9 Vitamix
11 Vitamin & Mineral Premixes Market, By Region
11.1 Introduction
11.2 North America
11.3 Asia Pacific
11.4 Europe
11.5 Rest of the World
12 Competitive Landscape
12.1 Overview
12.2 Market Rankings
12.3 Key Market Strategies
12.4 Competitive Scenario
12.4.1 Expansions
12.4.2 Acquisitions
12.4.3 New Product Launches
12.4.4 Agreements, Collaborations, Joint Ventures, And Partnerships
13 Company Profiles
13.1 Dsm
13.2 Corbion
13.3 Glanbia
13.4 Vitablend Nederland
13.5 Sternvitamin
13.6 Watson Inc.
13.7 the Wright Group
13.8 Zagro Asia Ltd.
13.9 Nutreco
13.10 Farbest-Tallman Foods Corporation
13.11 Burkmann Industries, Inc.
13.12 Bar-Magen Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/4dpgj3/global_vitamin?w=12
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Related Topics: Vitamins and Dietary Supplements, Metals and Minerals


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