LONDON, April 21, 2016 /PRNewswire/ -- Nutritional premixes are nutrient blends that assist the food product manufacturer in the fortification of food products and supplements. These customized mixtures are used in various applications including infant nutrition, clinical nutrition, beverages, dairy products, supplements and so on. The Global Nutritional premixes market has been analyzed with respect to different parameters such as demand, supply, end-users and providers of premixes. The market encompasses variety of premixes which can be categorized on type of nutrients. On the basis of nutrient type, the report is segmented into Vitamins, minerals, nucleotides, amino acids and nutraceuticals. Vitamin premixes are extensively used in the food and supplement industry as compared to other premixes mainly due to their wide application base and availability of different vitamin formulations.
Nutritional premixes aid the end-product manufacturers to offer tailored nutritious products to the consumers. With the increasing demand for products that provides specific health benefits, food companies have been seeking premixes that help them to attain desired nutritional profiles for their products. Premixes are used in the manufacture of food and supplement products that are targeted towards consumer groups seeking bone health, beauty, resistance, energy, immunity and digestion. The formulations, fortification and end-use product varies according to the required health benefits. Advancements in biotechnology coupled with robust technical capabilities have been allowing the players to offer novel premixes. However, the awareness on the existence and benefits of nutritional premixes is not yet well established.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Americas is the dominant market for nutritional premixes, followed by Europe, whereas, APAC is estimated to grow at a faster pace. IndustryARC estimates the global Nutritional premixes market to grow at a CAGR of 6.4% during 2015-2020 to reach $1,647.5m by 2020.
Nutritional premixes market is dominated by few major companies, namely:
Royal DSM N.V. (Netherlands),
Glanbia PLC (Ireland)
Watson Inc. (U.S.).
These players are estimated to continue their dominance mainly due to their well-established loyal customer base and robust competitive advantages in terms of R&D and production capabilities.
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