The Global Nutraceuticals Premixes Market had a valuation of USD 1.9 Billion in 2022 exhibiting a steady revenue compound annual growth rate (CAGR) of 5% throughout the forecast period. This heightened demand for Nutraceuticals Premixes, tailored to specific nutritional requirements, extends across diverse industries such as food and beverage, healthcare, and sports nutrition.
Consumers’ growing focus on health and wellness is fueling the demand for food and dietary supplements enriched with essential vitamins, minerals, and nutrients. This trend has created an increased necessity for specialized premixes, easily incorporable into various food and beverage applications, designed to meet specific nutritional needs. Additionally, the rising prevalence of chronic diseases like diabetes, cardiovascular ailments, and cancer has further driven the demand for Nutraceuticals Premixes tailored to address these health concerns.
Manufacturers are responding to these health-related demands by developing personalized premixes with a targeted approach. This strategic adaptation is propelling market revenue growth, addressing specific health issues such as bone health, cognitive function, and immune support.
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Competitive Landscape:
Some of the major companies operating in the global Nutraceuticals Premixes market are:
- DSM
- BASF SE
- Dupont
- ADM
- Nestle Health Science
- Prinova Group
- Farbest-Tallman Foods Corporation
- Watson Foods CO. Inc.
- Balchem Corporation
- Cargill, Inc.
- Archer Daniels Midland Company
Strategic Development:
Major players in the Nutraceuticals Premixes market are focusing on strategic developments to expand their market share and product offerings. Some of the recent strategic developments in the market are:
- In 2021, DSM launched a new line of customizable premix solutions called DSM Premix Custom Solutions. This product offers tailor-made solutions to customers based on their specific requirements and nutritional needs.
- In 2021, Dupont Nutrition & Biosciences announced a partnership with Inbiose to develop customized human milk oligosaccharide (HMO) for infant nutrition. This collaboration aims to provide highly customizable solutions to infant formula manufacturers.
- In 2020, ADM announced the acquisition of Yerbalatina Phytoactives, a Brazilian natural plant-based extracts and ingredients manufacturer, to expand its product offerings in the global health and wellness market.
Nutraceuticals Premixes Market Report Scope
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By Product Type Outlook |
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By Application Outlook |
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Regional scope |
North America; Europe; Asia Pacific; Latin America ; Middle East & Africa |
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