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A recent report by Zion Market Research indicates that the global market for food premixes is about $ 1.15 billion in 2018 and is expected to generate $ 1.66 billion by 2025, with a CAGR of 5.2% between 2019 and 2025.
Premixes are complex and personalized mixtures of pre-calibrated ingredients. They combine vitamins, minerals, nutraceuticals, herbs, colors, flavors, gums, fibers, amino acids and more for enrichment or enrichment. Premixes are used in foods and beverages for all ages, animal feeds, health care and personal care applications to enhance the nutritional value of products.
Increasing consumer awareness of health and wellbeing, the growing demand for fortified functional food products, the changing food landscape and convenience are all factors that should drive the global food premix market. Scope, product types and applications are increasing globally, creating lucrative opportunities for premix manufacturers.
By application, the market includes dietary supplements, food and beverages, over-the-counter medications, and others. The food and beverage industry is divided into bakery products, sports nutrition, fortified dairy products and beverages, and medical nutrition. Food supplements held a significant share of the market in 2018, due to the increasing use of premixes in food supplements.
The vitamin segment accounts for the largest portion of the custom nutrient premix market, while the beverage segment is growing fastest. Both can be largely attributed to a vitamin deficiency in the daily diet and also to the fact that they can not be synthesized by the human body.
Durrell Washington, Product Marketing Manager at Glanbia Nutritionals, tells us that consumers want more products with specific benefits. "In the supplements, we find that the custom macro trend continues to affect this category. The needs of consumers are expanding and concentrating simultaneously. Although standard multivitamin remains the most important category, condition-specific formulations have the highest growth in the supplement space. We see this especially in gummy candies, which we believe now account for over 15% of US sales of vitamins, minerals and supplements. "A flawless stay
The powder form is more popular because it is considered more stable than the liquid form. Powdered premixes are widely used in a wide range of applications, including food and beverages, infant nutrition / baby foods, OTC pharma, dietary supplements and nutritional improvement programs.
North America reigns supreme
The United States, Canada and Mexico dominated the global food premix market in 2018 and the trend is expected to continue over the forecast period. Regional growth is attributed to growing consumer health concerns, technological advances in food processing technology, the development of research and development, and the availability of dietary supplement food premixes. The main applications in this region are infant nutrition, clinical nutrition, beverages, bakery and confectionery products, and nutraceutical supplements.
The report identifies the main players in the vitamin premix market: DSM, Nutreco, Cargill, InVivo, NSA, DLG, ADM, Glanbia Nutritionals, Animix, Burkmann, Hexagon Nutrition, Stern Vitamin, Vitablend Nederland Bv., Arasco Feed, Crown Pacific Biotech. , BEC Power Solutions, Lantbruk Lantmännen, Masterfeeds LP, Watson Inc, Nutrius, Zagro.
In recent years, manufacturers such as Glanbia have invested in the research and development of new herbal protein supplements, which should create new opportunities in the near future. Earlier this year, the conglomerate of Irish dairy and ingredient companies diversified into the ingredients sector with the acquisition of the US Watson Company for $ 89 million. Now, Glanbia is using its history in premix formulation to offer standard All N blends, pre-formulated with active ingredients and ready to be used as a base for new product formulations. In many cases, these blends contain scientific ingredients, are in tune with current industry knowledge and have been validated by Glanbia scientists.
"Our growing portfolio of All N Off-the-Shelf blends includes blends that support keto, cognition, energy, sleep, women's health and a host of other health-promoting areas. "Explains Josh Stewart, global product manager at Glanbia Nutritionals. "These blends will provide our customers with an excellent starting point for developing their new product formulations, enabling them to get to market faster and easier." A flawless stay
Glanbia Nutritionals recently completed a global study of consumers and supplement needs. NutraIngredients-USA plans to delve deeper into these findings during an interview at SupplySide West that will be held later this month.