PUBLISHER: Value Market Research | PRODUCT CODE: 1547896
PUBLISHER: Value Market Research | PRODUCT CODE: 1547896
The global demand for Customized Premixes Market is presumed to reach the market size of nearly USD 4.59 Billion by 2032 from USD 2.44 Billion in 2023 with a CAGR of 7.25% under the study period 2024-2032.
Customized premixes are compounds created by the mixing of amino acids, nutraceuticals, nucleotides, fibers, vitamins and minerals, and other such components. These are generally used as nutrient sources for people with precise requirements. The advantage of using customized premixes rather than regular supplements is that the consumers need to consume only a single ingredient for their nutrient requirements instead of multiple supplements. These products can be modified concerning the quantity of each element according to the consumer's demand making it more viable for patients with an acute need for nutrient supply.
The market for customized premixes has witnessed a boost in the recent few months due to the coronavirus outbreak. The medical mandate for the people has been to strengthen their immunity levels, thus acting as a catalyst for the growing market for customized premixes. Also, people's increasingly hectic lifestyle has provided them with more disposable income, making them move towards ready-to-eat and fortified foods. All these factors, along with rising awareness regarding the nutritional value of the food being consumed, are the primary drivers of the market for customized premixes. The market is also facing restraint in the form of high costs of canned and fortified foods. Inaccurate labeling is also a major factor acting as an inhibitor to their growing market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Customized Premixes. The growth and trends of Customized Premixes industry provide a holistic approach to this study.
This section of the Customized Premixes market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Customized Premixes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Customized Premixes market include Koninklijke DSM N.V., Glanbia Plc, Corbion N.V., Vitablend Netherland B.V., Prinova Group LLC, Jubilant Life Sciences Limited, SternVitamin GmbH & Co. KG, Wright Enrichment Inc., Provimi Animal Nutrition India Pvt. Ltd, Utrix S.A.L, ADM Animal Nutrition, Pristinepremixes, BI Nutraceuticals, Farbest Brands, Piramal Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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