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Customized Premixes Market is Expected to Present the Potential for Growth Opportunities in Coming Years

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MarketsandMarkets™
Customized Premixes Market is Expected to Present the Potential for Growth Opportunities in Coming Years

According to a research report titled "Customized Premixes Market," the market is estimated to reach USD 1.9 billion in 2022 and is projected to reach USD 2.5 billion by 2027, with a CAGR of 5.5% during the forecast period. The growth of the market is driven by factors such as the increasing demand for functional and fortified food products, the need for food enrichment due to high processing levels, and the importance of streamlining production processes and reducing costs. Convenience in usage as a single ingredient is also contributing to market growth.


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Vitamins hold the largest market share in the customized premixes market. They are essential nutrients that play a crucial role in maintaining normal body metabolism and growth. Vitamin deficiencies can lead to health issues, driving the consumption of vitamin-fortified foods and supplements.


In terms of application, beverages account for the largest market share in the customized premixes market. Fortified beverages offer various benefits such as hydration, energy, health and wellness promotion, and immune system support. The growing trend of fortified beverages is driving the demand for customized premixes in this segment.


The dry form of customized premixes dominates the market. Dry premixes are considered more stable and cost-effective compared to liquid premixes, making them preferable for various applications, especially in cost-sensitive regions.

The energy segment retains its dominance in the customized premixes market. Premixes are widely used in sports nutrition products and energy drinks, catering to health-conscious consumers who seek low-carbohydrate, low-calorie, and low-sugar options.


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The Asia Pacific region is expected to witness the fastest growth rate in the customized premixes market. Nutritional deficiencies and lifestyle-related diseases are prevalent in underdeveloped and developing countries in this region, driving the demand for fortified food and customized premixes.


Leading companies in the customized premixes market include DSM, Glanbia PLC, Corbion, Vitablend Nederland BV, SternVitamin GmbH & Co. KG, Jubilant Ingrevia Limited, Hexagon Nutrition Limited, Prinova Group LLC, ADM, and Cargill, Incorporated. These companies are focused on meeting consumer demand and offering innovative solutions in the global market.


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