The global customized premixes market size was accounted for USD 14 billion in 2019 and expected to grow at a significant CAGR of 6% during the forecast period 2020 to 2027. The rising health awareness of the geriatric population and the increasing demand for high vitamin and mineral foods are some major factors driving the market. Furthermore, the increasing demand for fortified and functional food is projected to propel the market. With the emergence of the COVID-19 epidemic, people have become more health-conscious. The epidemic is shaping the future of the global customized premix market with more supplements and vitamin intake than ever before.
The global customized premixes market is segmented by type, by form, by function, by application, and geography. On the basis of type, the market is divided into vitamins, minerals, amino acids, nucleotides, nutraceuticals, and others. The vitamin-based premixes segment dominated the market in 2019 and valued at over 35% market share. By application, the food and beverage segment held the largest market share in 2019 and accounted for around half of the market share in terms of revenue.
The report titled “Customized Premixes Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027” offers a holistic view of the Customized Premixes industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Customized Premixes market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Customized Premixes Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Customized Premixes Market Segmentation:
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