Food Premix Market (2021-2026) | Food And Beverage Sector On A Global Level Is Considered A Prime Factor Augmenting The Growth Of The Global Market

Minerals, vitamins, amino acids, and antibiotics are among the ingredients in food premix. It's utilized in food fortification and as a supplement. The lack of micronutrients in the diet leads to malnutrition and serious health problems. It improves the nutritional content of food and beverages while also providing the body with critical nutrients. It also aids with weight loss. Vitamin D, which is present in the food premix, improves metabolism and calcium absorption in the body.


The global Food Premix Market is expected to reach $2.4 billion by 2026, with a compound annual growth rate (CAGR) of 6.1 percent from 2021 to 2026. The market is being driven by rising demand for convenient food items and increasing the need for food premix in medical nutrition. In addition, malnutrition is on the rise, and fortified foods are on the rise, which is expected to boost the overall market growth in the Global Food Premix Market. 


In India, micronutrient insufficiency is a severe problem, particularly among the poor. Therefore, India was one of the first countries to require iodine to salt and Vitamin A to Vanaspati. The market in India is growing due to the rising demand for fortified foods as people become more aware of healthy dietary options and active government programs to fortify food staples to combat malnutrition. Due to changing consumer preferences for functional foods among the urban population and a significant increase in the fortification of food staples such as edible oil, milk, wheat, rice, and salt that will be distributed through various government schemes in the country, the Food Premix Market market is expected to grow significantly in the years ahead.


With a market share of 36.3 percent in 2020, North America dominated the Global Food Premix Market. This is due to increased government activities to increase consumer awareness of new food premix innovations and a greater focus on research and development to include food premix into medical formulations that provide health advantages. The market in this region is also growing due to rising customer interest in food premix and an increase in the number of applications in the food and beverage industry.


Barentz International, Daniels Midland Company, Glanbia PLC, Koninklijke DSM N.V., Prinova Group LLC, BASF SE, and Fenchem Biotek Ltd., among others, are the major key players in the Food Premix Market.

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