Read here the latest updates on the “Food premix market” published by CMI team.

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2.  Food Premix Market, By Ingredients (Vitamins,
Minerals, Nucleotides, Amino, Acids, Botanicals), By
Form (Powder, Liquid), By Functions (Bone Health,
Immunity, Digestion, Energy, Heart Health, Weight
Management, Vision Health, Brain Health & Memory,
Others), By Application (Early Life Nutrition/Baby
Food, Food & Beverages (Medical Nutrition, Sports
Nutrition, Fortified Dairy & Beverages, Bakery
Products), Dietary Supplement, Pharma OTC,
Nutritional Improvement Program), and By Region
(North America, Latin America, Europe, Asia Pacific,
Middle East and Africa) - Size, Share, Outlook, and
Opportunity Analysis, 2019 – 2027
 The global food premix market is projected to
reach around US$ 2.1 billion by the end of 2027, in
terms of revenue, growing at CAGR of 5.5% during
the forecast period (2019-2027).

3.  Growing demand for fortified food is
predominantly fueling the market growth of
premix. Rising demand for food fortification due
to increasing cases of micronutrient deficiency
disorders among the global population and lack
of micronutrients in food is augmenting the
market growth of food premix. Among all the
premix vitamins and minerals are the most
commonly used premix in fortified foods and are
usually added to wheat flour during milling
processes to produce fortified rice kernels.

4.  Growing application of nutrient premixes in the
production of infant nutrition owing to increasing
consumer preference for the nutritional fortification
of infant formula is propelling the market growth.
Iron and vitamin D along with the DHA
(Docosahexaenoic acid) and ARA (arachidonic acid)
are the two most premix use during the production of
infant formulas. Hence, growing demand for premix
from infant nutrition formula is expected to
accelerate the market growth of premix.
 On basis of the region, North America dominated the
global food premix market in 2018, accounting
for 36% share in terms of value, followed by Europe
and Asia Pacific.

6.  High costs involved in food fortification
processes for large-scale food production is
projected to hinder the market growth of
food premix. Food fortification requires
advanced technologies for which many
manufacturers are outsourcing production of
premix which increases the cost of
production. Hence, the high cost associated
with the food fortification is expected to
hamper market growth.

7.  The high cost of raw material used in the
production of premix is expected to restrict
the market growth of premix. Raw materials
used in the production of premix are
minerals, vitamins, amino acid, and
nutraceuticals which are relatively high and
this is expected to restrict the consumption
of premix which in turn hampering the
market growth of food premix.

8.  Increasing usage of microencapsulation
technology in the food premix product is
projected to accelerate the market growth over
the forecast period. The objective of
microencapsulation is to enhance the solubility
and functionality of food premix products. Many
producers are introducing gummy vitamin
products such as tablets and capsules with the
help of use microencapsulation to stabilize and
protect the core material of the gummy vitamins
particularly used in a tablet

9.  The introduction of advanced technologies
for manufacturing premix-based products
has been increased in recent past years. Due
to the introduction of advanced blending
technologies such as trituration and
microencapsulation methods the production
food premix has become easier. Therefore,
increasing introduction of advanced blending
technology is projected to favor the market
growth over the forecast timeframe.

11.  Rising popularity powder form premixes across both
developed and developing countries is projected to
augment the market growth of food premix. Powders
premix have excellent properties such as easy solubility in
water. Premix powder forms are mostly used in infant
nutrition, which enhances the nutritional value of
products. These include infant formulas, clinical nutrition,
and dietary supplement, confectionery, and bakery
products.
 The growing trend of a customized blend of desired
ingredients especially homogeneous premix, vitamin-
mineral which are broadly used across the beverage,
bakery, dairy, sports nutrition and food supplements
industry is projected to propel the market growth. Some of
the major vitamins used are A, E, D, and K and important
minerals used in the calcium and magnesium as they are
beneficial for enhancing the nutritional value of food
products.

13.  Key players operating in global food premix
are Archer Daniels Midland Company,
Koninklijke DSM N.V., Glanbia plc, Jubilant
Life Sciences, Hexagon Nutrition Pvt. Ltd.,
Fenchem, SternVitamin, Lycored, Barentz,
WATSON-INC, Prinova Group LLC, Farbest
Brands, and B&H Biotechnology Co. Ltd.

14.  Glanbia plc
 In February 2019, Glanbia has agreed to
acquire Watson a non-dairy ingredient
solutions business headquartered in
Connecticut (US) for US$ 89 million (€78.65
million). Watson is engaged in the production
of bakery ingredients, edible film and
material conditioning solutions for the
nutrition, food and beverage, personal care
and supplement industries.

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