The food premix market refers to the market for pre-blended mixtures of vitamins, minerals, amino acids, and other essential nutrients that are added to food products to enhance their nutritional value. These premixes are typically added to a variety of food products, including bakery, dairy, infant formula, and dietary supplements.
The food premix market is driven by a growing demand for fortified and functional foods, as consumers increasingly look for products that offer health benefits beyond basic nutrition. Other factors driving growth in the market include the rise of vegan and plant-based diets, the growing prevalence of malnutrition and micronutrient deficiencies, and an increasing awareness of the importance of a balanced diet.
Some of the key players in the food premix market include DSM, Glanbia plc, Corbion N.V., SternVitamin GmbH & Co. KG, Vitablend Nederland B.V., Prinova Group LLC, Watson Inc., and Lycored Corp.
The food premix market is expected to continue to grow in the coming years, driven by increasing consumer demand for healthier and more functional foods. However, the market is also subject to regulatory requirements and quality control measures to ensure that the premixes are safe and effective.
Drivers
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.
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.
