Vitamin & Mineral Premixes Market

Vitamin & Mineral Premixes Market by Type (Vitamins, Minerals, Vitamin & Mineral Combinations), Application (Food & Beverages, Feed, Healthcare, and Cosmetics & Personal Care), Form (Dry and Liquid), Functionality and Region - Global Forecast to 2027

Report Code: FB 5886 Jan, 2023, by marketsandmarkets.com

[227 Pages Report] According to MarketsandMarkets, the global vitamin & mineral premixes market is estimated to be valued at USD 7.2 billion in 2022. It is projected to reach USD 9.8 billion by 2027, at a CAGR of 6.4%, in terms of value, between 2022 and 2027. Vitamin & mineral premixes have become crucial ingredients in pet food. They are used to enhance pet food's nutritional content and meet its nutritional requirements. In addition, with the advent of the pandemic, consumers across the globe have become more conscious about their health and have started taking several nutritional supplements. These trends are anticipated to boost the demand for vitamin & mineral premixes over the forecast period.

Vitamin & Mineral Premixes Market

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Vitamin & Mineral Premixes Market Dynamics

Drivers: Growth in compound feed consumption

According to the FAO Food Outlook, global meat production was estimated to be 311.8 million tonnes in 2014, with a year-on-year growth of 1.1%, due to increased meat consumption. To meet the increasing demand for meat products and as a control measure to reduce transportation and management costs, farmers opted to utilize complete feeds to prepare animal feeds. The rise in the prices of feed ingredients, such as wheat, corn, and soybean, has increased the operational costs of farm activities for livestock farmers. Also, the increased consumption of compound feeds for farm animals' growth and development has enabled feed premixes' growth. On-farm feeds using vitamin and mineral premixes are prepared by farmers to provide balanced feed to animals. The usage of feed premixes has also been prompted by the widening quality norms for exported livestock products and increasing awareness among consumers of healthy foods.

Restraints: Higher costs of fortified and enriched products

The price of fortified and enriched products with respect to non-fortified products is substantially higher. This aspect, coupled with the consumer’s unwillingness to pay a high amount for highly fortified and enriched products, is a restraining factor, especially for developing economies. The intensity of the factor has further increased in countries with a large population living below the poverty line. These people should be exposed to fortified products to deal with malnutrition issues.

Opportunities: Developing countries to emerge as strong consumers in feed application

Asia Pacific and South America account for a significant share of the vitamin & mineral premixes market. People in countries, such as India, China, Indonesia, Vietnam, and Thailand, are expected to consume meat at an annual rate of 2.4% till 2030, according to the FAO report on “World Agriculture: Towards 2015/2030”. This has increased the demand for high-quality feed concentrates and premixes. The key players in the premixes market have sensed this opportunity to start premix production plants in these regions, to meet the growing demand for feed premixes.

In the South American region, Brazil housed the largest cattle population in 2013, with a head count of 211 million. According to the FAO, it is expected to grow at a rate well above the regional average. The rising consumer awareness for nutritious products and the requirement for export quality meat products can establish a strong demand for feed premixes in this region.

Challenges: Inaccurate labeling of food products

Nutritional benefits associated with consuming food products are used as a marketing tool by most food manufacturers to drive their sales revenues. However, in some cases, manufacturers make nutritional claims regarding the content of micronutrients in the food product, which may not be true, giving rise to false claims and doubts about product authenticity. To deal with such malpractices, regional and country-level food authorities strictly emphasize adhering to food labeling laws by food manufacturers, wherein periodical quality testing of food products is conducted to cross-confirm the claims made by the food manufacturer by verifying the level of nutrients present in the product with that indicated on the product label. Penalties are imposed on those identified for non-adherence or false claims.

Thus, to deal with such instances, food manufacturers, especially those offering processed food products with a long shelf-life, are focusing on adding higher nutrient content than the amount mentioned on labels to maintain or match the content of micronutrients mentioned on the product label throughout the shelf-life of the product.

By type, vitamin & mineral combination segment expected to achieve fastest growth during forecast period

The popularity of vitamin & mineral premixes, compared to individually manufactured vitamin premixes and mineral premixes, can be attributed to the increased consumer preference for blends of different functional ingredients to attain optimum health. Also, one of the factors fueling the growth of this market is the occurrences/prevalence of vitamin & mineral deficiencies and anemia in developing countries. Leading manufacturers are tapping this opportunity and addressing malnutrition by introducing vitamin and mineral premixes blends for various applications.

By form, dry form expected to account for largest share during forecast period

Vitamin & mineral premixes are widely used in the powdered form, as they are more stable than the liquid form. The convenient packaging of powdered premixes reduces complexities in supply chain processes, resulting in the increased popularity of this form. Powdered premixes are used across an extensive range of feed and food applications, such as low-fat milk powders, bakery products, health drink powders, soup mixes, and dessert mixes. Vitamin & mineral premixes are used by pharmaceutical and personal care companies in their powder form to manufacture tablets, capsules, toothpaste, face powders, lipsticks, and creams.

By application, food & beverage segment expected to achieve fastest growth over forecast period

The scope of the food & beverages sector includes bakery products, beverages, dairy products, cereals, and others. In the present scenario, with busy lifestyles and high exposure to processed foods, it is difficult to maintain the ideal levels of vitamin & mineral intake daily. Lower intake of such essential nutrients has negatively impacted the population's health and well-being. In such cases, food & beverage products fortified with essential nutrient premixes, such as vitamins & minerals, play an important role in convenience and exposure to ideal levels of essential nutrients.

Vitamin & Mineral Premixes Market Size, and Share

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North America is the largest market for vitamin & mineral premixes globally. For this study, the region has been segmented into the US, Canada, and Mexico. The North American market is largely driven by the increase in demand for healthy foods and functional foods & beverages, owing to the low level of exposure to essential nutrients caused by high consumption of processed & convenience foods due to their busy lifestyles. The rise in obesity, heart diseases, and other health issues has led to the demand for high-nutrition dietary products. Vitamin & mineral premixes have been finding their way into new product applications, such as cereal-based products, dairy products, nutritional foods, beverages, infant formulas, and dietary supplements.

Key Market Players:

Key players in this market include DSM (Netherlands), Corbion (Netherlands), Glanbia plc (Ireland), Vitablend Nederland BV (Netherlands), SternVitamin GmbH & Co. KG (Germany), Wright Enrichment Inc. (US), Zagro (Singapore), Nutreco (Netherlands), Farbest-Tallman Foods Corporation (US), Burkmann Industries, Inc. (US), Bar – Magen LTD (Israel), BASF SE (Germany), ADM (US), Innov Ad NV/SA (Belgium), Jubilant Ingrevia Limited (India), IDENA (France), Spansules Pharmatech Pvt. Ltd. (India), Amesi Group (South Africa), SA Premix (South Africa), YesSinergy (Brazil), Phibro Animal Health Corporation (US), DLG (Denmark), Gk Biochemical Corporation (India), Advanced Animal Nutrition Pty Ltd. (Australia), and Credence Remedies Pvt. Ltd. (India).

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Scope of the Report

:

Report Metrics

Details

Market size estimation 2019–2027
Base year considered 2021
Forecast period considered 2022–2027
Units considered Value (USD Million/USD Billion) and Volume (KT)
Segments covered Type, form, and application
Regions covered North America, Europe, Asia Pacific, South America, and RoW
Companies studied
  • Companies studied
  • DSM (Netherlands)
  • Corbion (Netherlands)
  • Glanbia plc (Ireland)
  • Vitablend Nederland BV (Netherlands)
  • SternVitamin GmbH & Co. KG (Germany)
  • Wright Enrichment Inc. (US)
  • Zagro (Singapore)
  • Nutreco (Netherlands)
  • Farbest-Tallman Foods Corporation (US)
  • Burkmann Industries, Inc. (US)
  • Bar – Magen LTD (Israel)
  • BASF SE (Germany)
  • ADM (US)
  • Innov Ad NV/SA (Belgium)
  • Jubilant Ingrevia Limited (India)
  • IDENA (France)
  • Spansules Pharmatech Pvt. Ltd. (India)
  • Amesi Group (South Africa)
  • SA Premix (South Africa)
  • YesSinergy (Brazil)
  • Phibro Animal Health Corporation (US)
  • DLG (Denmark)
  • Gk Biochemical Corporation (India)
  • Advanced Animal Nutrition Pty Ltd. (Australia)
  • Credence Remedies Pvt. Ltd. (India)
  • Gold Fin International (Oman)

Target Audience:

  • Key companies engaged in vitamin & mineral premixes processing
  • Key manufacturers of vitamin & mineral premixes
  • Traders, distributors, and suppliers in the vitamin & mineral premixes market
  • Traders and suppliers of raw materials to the vitamin & mineral premixes industry
  • Livestock farmers
  • Related government authorities, commercial R&D institutions, and other regulatory bodies
    • Food and Drugs Organization (FDA)
    • European Commission
    • European Food Safety Authority (EFSA)
    • Food Standards Australia New Zealand (FSANZ)
    • Animal Feed Manufacturers Association (AFMA)

Report Scope:

This research report categorizes the vitamin & mineral premixes market based on type, form, application, functionality, and region

By type
  • Vitamin & mineral combination
  • Vitamin
  • Mineral
By form
  • Dry
  • Liquid
By application
  • Food & beverages
    • Bakery Products
    • Beverages
    • Dairy Products
    • Cereals
    • Other Food Applications (soups, snacks, and convenience foods)
  • Healthcare
    • Nutritional Products
    • Dietary Supplements
  • Feed
  • Cosmetics & personal care products
By functionality (Qualitative)
  • Bone health
  • Skin health
  • Energy
  • Immunity
  • Digestion
  • Other functionalities
By Region:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW
    • Middle East
    • Africa

Recent Developments:

  • In June 2022, DSM (Netherlands) launched the world’s first bio-based Vitamin A to find extensive applications in cosmetics and personal care products. This aligns with DSM’s vision to make its products carbon-neutral by 2050.
  • In September 2021, SternVitamin GmbH & Co. KG (Germany) launched the SternVitality V, which contains vitamins, minerals, and botanicals, and aids in the reduction of fatigue and enhancement of mental performance. This strategic initiative was undertaken to cater to the rising demand for micronutrient premixes.
  • In April 2021, Corbion (Netherlands), which produces PURAMEX, a natural lactate mineral for enriching the nutritional content of dairy products, announced the expansion of the production capacity of its lactate minerals. This initiative helps enhance the supply of lactic acid for its customers in the European market.
  • In February 2019, Glanbia Plc (Ireland) completed the acquisition of Watson Inc., a US-based manufacturer of high-quality custom nutrient premixes and bakery ingredients for the nutrition, food, and supplement industries. This strategic initiative was undertaken to expand the company’s custom nutrient premix production footprint in the US.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 25)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           FIGURE 1 MARKET SEGMENTATION
           1.3.1 INCLUSIONS & EXCLUSIONS
           1.3.2 REGIONS COVERED
    1.4 YEARS CONSIDERED 
    1.5 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2021
    1.6 UNIT CONSIDERED 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 30)
    2.1 RESEARCH DATA 
           FIGURE 2 RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary interviews
                    2.1.2.3 Key primary insights
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 APPROACH ONE: BOTTOM-UP (BASED ON TYPE AND REGION)
           2.2.2 APPROACH TWO: TOP-DOWN (BASED ON GLOBAL MARKET)
    2.3 DATA TRIANGULATION 
           FIGURE 3 DATA TRIANGULATION METHODOLOGY
    2.4 RESEARCH ASSUMPTIONS 
    2.5 LIMITATIONS AND RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 38)
    TABLE 2 GLOBAL VITAMIN & MINERAL PREMIXES MARKET SNAPSHOT, 2022 VS. 2027 
    FIGURE 4 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 
    FIGURE 5 VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022 VS. 2027 (USD MILLION) 
    FIGURE 6 VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 
    FIGURE 7 VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2021 
 
4 PREMIUM INSIGHTS (Page No. - 42)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN VITAMIN & MINERAL PREMIXES MARKET 
           FIGURE 8 GROWING DEMAND FROM LIVESTOCK AND AQUACULTURE INDUSTRIES COUPLED WITH INCREASING HEALTH AWARENESS
    4.2 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE AND COUNTRY 
           FIGURE 9 CHINA AND VITAMIN SEGMENT ACCOUNTED FOR SIGNIFICANT MARKET SHARE IN 2021
    4.3 VITAMIN & MINERAL PREMIXES MARKET, BY FORM 
           FIGURE 10 DRY SEGMENT TO DOMINATE MARKET BY 2027
    4.4 VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION 
           FIGURE 11 FEED SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 2027
    4.5 VITAMIN & MINERAL PREMIXES MARKET, BY REGION AND TYPE 
           FIGURE 12 ASIA PACIFIC AND FEED SEGMENT TO ACCOUNT FOR SIGNIFICANT MARKET SHARE BY 2027
 
5 MARKET OVERVIEW (Page No. - 46)
    5.1 INTRODUCTION 
    5.2 MACROECONOMIC INDICATORS 
           5.2.1 INCREASE IN RETAIL SALES
                    FIGURE 13 US: RETAIL AND FOODSERVICE SALES, 2021–2027 (USD BILLION)
    5.3 VITAMIN & MINERAL PREMIXES MARKET DYNAMICS 
           FIGURE 14 VITAMIN & MINERAL PREMIXES MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Growth in demand for functional and fortified food
                    5.3.1.2 Rising need for food enrichment
                    5.3.1.3 Increase in compound feed consumption
                    5.3.1.4 Growing demand for customized premixes
                    5.3.1.5 Rising need for ease of blending nutrients
           5.3.2 RESTRAINTS
                    5.3.2.1 High costs involved in R&D activities
                    5.3.2.2 Customer unwillingness to buy expensive fortified food products
                    5.3.2.3 Stringent policies regarding feed fortification
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Growing consumer inclination toward healthy food
                    5.3.3.2 Emergence of emerging economies as major consumers of feed
           5.3.4 CHALLENGES
                    5.3.4.1 Inaccurate labeling of food products
                    5.3.4.2 Lack of awareness regarding benefits of premixes
 
6 INDUSTRY TRENDS (Page No. - 52)
    6.1 INTRODUCTION 
    6.2 VALUE CHAIN ANALYSIS 
           6.2.1 RESEARCH AND DEVELOPMENT
           6.2.2 RAW MATERIALS AND SOURCING
           6.2.3 MANUFACTURING
           6.2.4 PACKAGING & STORAGE
           6.2.5 DISTRIBUTION, SALES, AND MARKETING
                    FIGURE 15 VALUE CHAIN ANALYSIS
    6.3 TECHNOLOGY ANALYSIS 
           6.3.1 ULTRASONIC CAVITATION
    6.4 PRICING ANALYSIS 
           6.4.1 AVERAGE SELLING PRICE, BY TYPE, 2020–2022 (USD PER TON)
                    FIGURE 16 AVERAGE SELLING PRICE, BY TYPE, 2020–2022 (USD PER TON)
                    TABLE 3 VITAMIN & MINERAL PREMIXES: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD PER TON)
                    TABLE 4 VITAMIN & MINERAL COMBINATION: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD PER TON)
                    TABLE 5 VITAMIN: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD PER TON)
                    TABLE 6 MINERAL: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD PER TON)
                    TABLE 7 VITAMIN & MINERAL PREMIXES: AVERAGE SELLING PRICE, BY COMPANY, 2022 (USD PER TON)
    6.5 MARKET MAPPING AND ECOSYSTEM ANALYSIS 
           6.5.1 SUPPLY-SIDE ANALYSIS
           6.5.2 DEMAND-SIDE ANALYSIS
                    FIGURE 17 VITAMIN & MINERAL PREMIXES MARKET MAPPING
                    TABLE 8 ECOSYSTEM ANALYSIS
    6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 
           FIGURE 18 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
    6.7 PATENT ANALYSIS 
           FIGURE 19 PATENTS GRANTED, 2012–2021
           FIGURE 20 TOP 10 INVENTORS WITH HIGHEST NUMBER OF PATENT DOCUMENTS
           FIGURE 21 LEADING APPLICANTS WITH HIGHEST NUMBER OF PATENT DOCUMENTS
           TABLE 9 PATENTS GRANTED, 2020–2022
    6.8 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 10 PORTER’S FIVE FORCES ANALYSIS
           6.8.1 INTENSITY OF COMPETITIVE RIVALRY
           6.8.2 BARGAINING POWER OF SUPPLIERS
           6.8.3 BARGAINING POWER OF BUYERS
           6.8.4 THREAT FROM SUBSTITUTES
           6.8.5 THREAT FROM NEW ENTRANTS
    6.9 CASE STUDIES 
           6.9.1 CASE STUDY 1: APEC DESIGNED AUTOMATED PREMIX SYSTEM TO ENABLE PROPER TRACKING AND RECORD KEEPING
           6.9.2 CASE STUDY 2: PRISTINE LAUNCHED LACTOVIT FOR MILK FORTIFICATION
    6.1 KEY CONFERENCES & EVENTS, 2022–2023 
           TABLE 11 KEY CONFERENCES & EVENTS, 2022–2023
    6.11 TARIFF AND REGULATORY LANDSCAPE 
                    TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.12 REGULATORY FRAMEWORK 
           6.12.1 REGULATIONS FOR FEED APPLICATIONS
                    6.12.1.1 European Union
                    6.12.1.2 US
                    6.12.1.3 China
                    6.12.1.4 Canada
                    6.12.1.5 Brazil
                    6.12.1.6 Japan
                    6.12.1.7 South Africa
           6.12.2 REGULATIONS FOR FOOD & BEVERAGE AND HEALTHCARE APPLICATIONS
                    6.12.2.1 Dietary Trends
                               TABLE 15 PREVALENCE OF MICRONUTRIENT DEFICIENCY AND RISK FACTORS ASSOCIATED
                    6.12.2.2 Recommended Nutrient Intake (RNI)
                               TABLE 16 RECOMMENDED NUTRIENT INTAKE FOR SELECTED POPULATION SUBGROUPS (RNIS)
                    6.12.2.3 Canada
                    6.12.2.4 US
                    6.12.2.5 Mexico
                    6.12.2.6 European Union
                    6.12.2.7 Japan
                    6.12.2.8 China
                    6.12.2.9 India
                               6.12.2.10 Australia & New Zealand
                               6.12.2.11 Brazil
    6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES
                    TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE TYPES
           6.13.2 BUYING CRITERIA
                    TABLE 18 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
                    FIGURE 23 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
 
7 VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION (Page No. - 77)
    7.1 INTRODUCTION 
           FIGURE 24 VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
           TABLE 19 VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2019–2021 (USD MILLION)
           TABLE 20 VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
    7.2 FOOD & BEVERAGES 
           TABLE 21 FOOD & BEVERAGES: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
           TABLE 22 FOOD & BEVERAGES: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.2.1 BAKERY PRODUCTS
                    7.2.1.1 Increasing demand for nutrient-rich bakery products
           7.2.2 BEVERAGES
                    7.2.2.1 Health benefits offered by fortified beverages
           7.2.3 DAIRY PRODUCTS
                    7.2.3.1 Lack of essential nutrients in dairy products
           7.2.4 CEREALS
                    7.2.4.1 Rising need to restore nutrients lost due to processing
           7.2.5 OTHER FOOD APPLICATIONS
                    TABLE 23 FOOD & BEVERAGES: VITAMIN & MINERAL PREMIXES MARKET, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
                    TABLE 24 FOOD & BEVERAGES: VITAMIN & MINERAL PREMIXES MARKET, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
    7.3 HEALTHCARE 
           TABLE 25 HEALTHCARE: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
           TABLE 26 HEALTHCARE: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.1 NUTRITIONAL PRODUCTS
                    7.3.1.1 Greater need to deal with nutritional deficiencies
           7.3.2 DIETARY SUPPLEMENTS
                    7.3.2.1 Growing need to supplement inadequate diets
                               TABLE 27 HEALTHCARE: VITAMIN & MINERAL PREMIXES MARKET, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
                               TABLE 28 HEALTHCARE: VITAMIN & MINERAL PREMIXES MARKET, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
    7.4 FEED 
           7.4.1 RISING DEMAND FOR FEED INGREDIENTS WITH MULTIFUNCTIONAL HEALTH BENEFITS
                    TABLE 29 FEED: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                    TABLE 30 FEED: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.5 COSMETICS & PERSONAL CARE 
           7.5.1 GROWING CONSCIOUSNESS REGARDING PERSONAL GROWTH AND GROOMING
                    TABLE 31 COSMETICS & PERSONAL CARE: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                    TABLE 32 COSMETICS & PERSONAL CARE: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
 
8 VITAMIN & MINERAL PREMIXES MARKET, BY FORM (Page No. - 87)
    8.1 INTRODUCTION 
           FIGURE 25 VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022 VS. 2027 (USD MILLION)
           TABLE 33 VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2019–2021 (USD MILLION)
           TABLE 34 VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022–2027 (USD MILLION)
    8.2 DRY 
           8.2.1 EXTENSIVE INDUSTRIAL APPLICATIONS OF DRY PREMIXES
                    TABLE 35 DRY: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                    TABLE 36 DRY: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.3 LIQUID 
           8.3.1 INCREASE IN ADOPTION OF BEVERAGE FORTIFICATION
                    TABLE 37 LIQUID: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                    TABLE 38 LIQUID: VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
 
9 VITAMIN & MINERAL PREMIXES MARKET, BY FUNCTIONALITY (Page No. - 91)
    9.1 INTRODUCTION 
    9.2 BONE HEALTH 
           9.2.1 RISE IN BONE-RELATED DISEASES
    9.3 SKIN HEALTH 
           9.3.1 INCREASED FOCUS ON WELL-BEING AND OVERALL APPEARANCE
    9.4 ENERGY 
           9.4.1 RISING INCLINATION TOWARD HEALTH-ORIENTED BEVERAGES
    9.5 IMMUNITY 
           9.5.1 GROWING DEMAND FOR IMMUNE-BOOSTING PRODUCTS
    9.6 DIGESTION 
           9.6.1 SURGE IN GASTROINTESTINAL ISSUES
    9.7 OTHER FUNCTIONALITIES 
 
10 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE (Page No. - 94)
     10.1 INTRODUCTION 
               FIGURE 26 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
               TABLE 39 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
               TABLE 40 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 41 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (KT)
               TABLE 42 VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (KT)
     10.2 VITAMIN & MINERAL COMBINATION 
             10.2.1 RISING AWARENESS REGARDING HEALTH AND NUTRITION
                       TABLE 43 VITAMIN & MINERAL COMBINATION PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                       TABLE 44 VITAMIN & MINERAL COMBINATION PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
                       TABLE 45 VITAMIN & MINERAL COMBINATION PREMIXES MARKET, BY REGION, 2019–2021 (KT)
                       TABLE 46 VITAMIN & MINERAL COMBINATION PREMIXES MARKET, BY REGION, 2022–2027 (KT)
     10.3 VITAMIN 
             10.3.1 GROWING PET HUMANIZATION
                       TABLE 47 VITAMIN PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                       TABLE 48 VITAMIN PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
                       TABLE 49 VITAMIN PREMIXES MARKET, BY REGION, 2019–2021 (KT)
                       TABLE 50 VITAMIN PREMIXES MARKET, BY REGION, 2022–2027 (KT)
     10.4 MINERAL 
             10.4.1 INCREASING DEMAND FROM FOOD & BEVERAGE INDUSTRY
                       TABLE 51 MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
                       TABLE 52 MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
                       TABLE 53 MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (KT)
                       TABLE 54 MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (KT)
 
11 VITAMIN & MINERAL PREMIXES MARKET, BY REGION (Page No. - 102)
     11.1 INTRODUCTION 
               FIGURE 27 INDIA TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
               TABLE 55 VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (USD MILLION)
               TABLE 56 VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (USD MILLION)
               TABLE 57 VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2019–2021 (KT)
               TABLE 58 VITAMIN & MINERAL PREMIXES MARKET, BY REGION, 2022–2027 (KT)
     11.2 NORTH AMERICA 
               FIGURE 28 NORTH AMERICA: REGIONAL SNAPSHOT
               TABLE 59 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
               TABLE 60 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 61 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
               TABLE 62 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 63 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (KT)
               TABLE 64 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (KT)
               TABLE 65 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2019–2021 (USD MILLION)
               TABLE 66 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 67 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 68 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 69 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 70 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 71 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2019–2021 (USD MILLION)
               TABLE 72 NORTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022–2027 (USD MILLION)
             11.2.1 US
                       11.2.1.1 Rising health-consciousness
                                   TABLE 73 US: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 74 US: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.2.2 CANADA
                       11.2.2.1 Growing aquaculture industry
                                   TABLE 75 CANADA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 76 CANADA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.2.3 MEXICO
                       11.2.3.1 Large obese population
                                   TABLE 77 MEXICO: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 78 MEXICO: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.3 ASIA PACIFIC 
               FIGURE 29 ASIA PACIFIC: REGIONAL SNAPSHOT
               TABLE 79 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
               TABLE 80 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 81 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
               TABLE 82 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 83 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (KT)
               TABLE 84 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (KT)
               TABLE 85 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2019–2021 (USD MILLION)
               TABLE 86 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 87 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 88 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 89 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 90 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 91 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2019–2021 (USD MILLION)
               TABLE 92 ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022–2027 (USD MILLION)
             11.3.1 CHINA
                       11.3.1.1 Rising demand for supplements and shift in eating habits
                                   TABLE 93 CHINA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 94 CHINA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.2 INDIA
                       11.3.2.1 Surge in consumption of fortified food products
                                   TABLE 95 INDIA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 96 INDIA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.3 JAPAN
                       11.3.3.1 Growing inclination toward functional food products
                                   TABLE 97 JAPAN: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 98 JAPAN: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.4 AUSTRALIA & NEW ZEALAND
                       11.3.4.1 Rising demand for functional beverages
                                   TABLE 99 AUSTRALIA & NEW ZEALAND: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 100 AUSTRALIA & NEW ZEALAND: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.5 REST OF ASIA PACIFIC
                       TABLE 101 REST OF ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                       TABLE 102 REST OF ASIA PACIFIC: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.4 EUROPE 
               TABLE 103 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
               TABLE 104 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 105 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
               TABLE 106 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 107 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (KT)
               TABLE 108 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (KT)
               TABLE 109 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2019–2021 (USD MILLION)
               TABLE 110 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 111 EUROPE: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 112 EUROPE: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 113 EUROPE: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 114 EUROPE: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 115 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2019–2021 (USD MILLION)
               TABLE 116 EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022–2027 (USD MILLION)
             11.4.1 UK
                       11.4.1.1 Increasing appetite of people for sunshine vitamin
                                   TABLE 117 UK: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 118 UK: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.2 GERMANY
                       11.4.2.1 Rising demand for healthcare products
                                   TABLE 119 GERMANY: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 120 GERMANY: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.3 FRANCE
                       11.4.3.1 Growth in beverage and bakery industries
                                   TABLE 121 FRANCE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 122 FRANCE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.4 ITALY
                       11.4.4.1 Awareness regarding benefits of dietary supplements
                                   TABLE 123 ITALY: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 124 ITALY: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.5 SPAIN
                       11.4.5.1 Thriving feed industry and efficient supply chain
                                   TABLE 125 SPAIN: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 126 SPAIN: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.6 RUSSIA
                       11.4.6.1 Rising awareness regarding health and wellness
                                   TABLE 127 RUSSIA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 128 RUSSIA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.7 NETHERLANDS
                       11.4.7.1 Inadequate consumption of fruits and vegetables
                                   TABLE 129 NETHERLANDS: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 130 NETHERLANDS: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.8 REST OF EUROPE
                       TABLE 131 REST OF EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                       TABLE 132 REST OF EUROPE: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.5 SOUTH AMERICA 
               TABLE 133 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
               TABLE 134 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 135 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
               TABLE 136 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 137 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (KT)
               TABLE 138 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (KT)
               TABLE 139 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2019–2021 (USD MILLION)
               TABLE 140 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 141 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 142 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 143 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 144 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 145 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2019–2021 (USD MILLION)
               TABLE 146 SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022–2027 (USD MILLION)
             11.5.1 BRAZIL
                       11.5.1.1 Growing middle-class population
                                   TABLE 147 BRAZIL: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 148 BRAZIL: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.5.2 ARGENTINA
                       11.5.2.1 Surge in demand for dietary supplements
                                   TABLE 149 ARGENTINA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 150 ARGENTINA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.5.3 REST OF SOUTH AMERICA
                       TABLE 151 REST OF SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                       TABLE 152 REST OF SOUTH AMERICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.6 REST OF THE WORLD 
               TABLE 153 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2019–2021 (USD MILLION)
               TABLE 154 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 155 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
               TABLE 156 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
               TABLE 157 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (KT)
               TABLE 158 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (KT)
               TABLE 159 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2019–2021 (USD MILLION)
               TABLE 160 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 161 ROW: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 162 ROW: VITAMIN & MINERAL PREMIXES MARKET FOR FOOD & BEVERAGES, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 163 ROW: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2019–2021 (USD MILLION)
               TABLE 164 ROW: VITAMIN & MINERAL PREMIXES MARKET FOR HEALTHCARE, BY SUBAPPLICATION, 2022–2027 (USD MILLION)
               TABLE 165 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2019–2021 (USD MILLION)
               TABLE 166 ROW: VITAMIN & MINERAL PREMIXES MARKET, BY FORM, 2022–2027 (USD MILLION)
             11.6.1 AFRICA
                       11.6.1.1 High consumption of fortified food products
                                   TABLE 167 AFRICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 168 AFRICA: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.6.2 MIDDLE EAST
                       11.6.2.1 Rising pet adoption
                                   TABLE 169 MIDDLE EAST: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2019–2021 (USD MILLION)
                                   TABLE 170 MIDDLE EAST: VITAMIN & MINERAL PREMIXES MARKET, BY TYPE, 2022–2027 (USD MILLION)
 
12 COMPETITIVE LANDSCAPE (Page No. - 151)
     12.1 OVERVIEW 
     12.2 STRATEGIES ADOPTED BY KEY PLAYERS 
               TABLE 171 STRATEGIES ADOPTED BY KEY PLAYERS
     12.3 MARKET SHARE ANALYSIS, 2021 
               TABLE 172 MARKET SHARE ANALYSIS, 2021
     12.4 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS 
               FIGURE 30 REVENUE ANALYSIS OF KEY PLAYERS, 2017–2021 (USD BILLION)
     12.5 EVALUATION QUADRANT FOR KEY PLAYERS, 2021 
             12.5.1 STARS
             12.5.2 PERVASIVE PLAYERS
             12.5.3 EMERGING LEADERS
             12.5.4 PARTICIPANTS
                       FIGURE 31 COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)
             12.5.5 VITAMIN & MINERAL PREMIXES MARKET PRODUCT FOOTPRINT
                       TABLE 173 COMPANY FOOTPRINT, BY TYPE
                       TABLE 174 COMPANY FOOTPRINT, BY APPLICATION
                       TABLE 175 COMPANY FOOTPRINT, BY FORM
                       TABLE 176 COMPANY FOOTPRINT, BY REGION
                       TABLE 177 OVERALL COMPANY FOOTPRINT
     12.6 EVALUATION QUADRANT FOR OTHER PLAYERS, 2021 
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 STARTING BLOCKS
             12.6.3 RESPONSIVE COMPANIES
             12.6.4 DYNAMIC COMPANIES
                       FIGURE 32 COMPANY EVALUATION QUADRANT, 2021 (OTHER PLAYERS)
                       TABLE 178 VITAMIN & MINERAL PREMIXES MARKET: COMPETITIVE BENCHMARKING, 2021 (OTHER PLAYERS)
     12.7 COMPETITIVE SCENARIO 
             12.7.1 PRODUCT LAUNCHES
                       TABLE 179 VITAMIN & MINERAL PREMIXES MARKET: PRODUCT LAUNCHES, 2019–2022
             12.7.2 DEALS
                       TABLE 180 VITAMIN & MINERAL PREMIXES MARKET: DEALS, 2019–2022
             12.7.3 OTHERS
                       TABLE 181 VITAMIN & MINERAL PREMIXES MARKET: OTHERS, 2022
 
13 COMPANY PROFILES (Page No. - 166)
(Business overview, Products/Services/Solutions offered, Recent developments & MnM View)*
     13.1 KEY PLAYERS 
             13.1.1 DSM
                       TABLE 182 DSM: BUSINESS OVERVIEW
                       FIGURE 33 DSM: COMPANY SNAPSHOT
                       TABLE 183 DSM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 184 DSM: PRODUCT LAUNCHES
                       TABLE 185 DSM: OTHERS
             13.1.2 CORBION
                       TABLE 186 CORBION: BUSINESS OVERVIEW
                       FIGURE 34 CORBION: COMPANY SNAPSHOT
                       TABLE 187 CORBION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 188 CORBION: OTHERS
             13.1.3 GLANBIA PLC
                       TABLE 189 GLANBIA PLC: BUSINESS OVERVIEW
                       FIGURE 35 GLANBIA PLC: COMPANY SNAPSHOT
                       TABLE 190 GLANBIA PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 191 GLANBIA PLC: DEALS
             13.1.4 VITABLEND NEDERLAND BV
                       TABLE 192 VITABLEND NEDERLAND BV: BUSINESS OVERVIEW
                       TABLE 193 VITABLEND NEDERLAND BV: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.5 STERNVITAMIN GMBH & CO. KG
                       TABLE 194 STERNVITAMIN GMBH & CO. KG: BUSINESS OVERVIEW
                       TABLE 195 STERNVITAMIN GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 196 STERNVITAMIN GMBH & CO. KG: PRODUCT LAUNCHES
             13.1.6 BASF SE
                       TABLE 197 BASF SE: BUSINESS OVERVIEW
                       FIGURE 36 BASF SE: COMPANY SNAPSHOT
                       TABLE 198 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 199 BASF SE: OTHERS
             13.1.7 ADM
                       TABLE 200 ADM: BUSINESS OVERVIEW
                       FIGURE 37 ADM: COMPANY SNAPSHOT
                       TABLE 201 ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 202 ADM: OTHERS
             13.1.8 WRIGHT ENRICHMENT INC.
                       TABLE 203 WRIGHT ENRICHMENT INC.: BUSINESS OVERVIEW
                       TABLE 204 WRIGHT ENRICHMENT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.9 ZAGRO
                       TABLE 205 ZAGRO: BUSINESS OVERVIEW
                       TABLE 206 ZAGRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 207 ZAGRO: OTHERS
             13.1.10 NUTRECO
                       TABLE 208 NUTRECO: BUSINESS OVERVIEW
                       TABLE 209 NUTRECO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 210 NUTRECO: DEALS
                       TABLE 211 NUTRECO: OTHERS
             13.1.11 FARBEST-TALLMAN FOODS CORPORATION
                       TABLE 212 FARBEST-TALLMAN FOODS CORPORATION: BUSINESS OVERVIEW
                       TABLE 213 FARBEST-TALLMAN FOODS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 214 FARBEST-TALLMAN FOODS CORPORATION: DEALS
             13.1.12 BURKMANN INDUSTRIES, INC.
                       TABLE 215 BURKMANN INDUSTRIES, INC.: BUSINESS OVERVIEW
                       TABLE 216 BURKMANN INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.13 BAR-MAGEN LTD.
                       TABLE 217 BAR-MAGEN LTD.: BUSINESS OVERVIEW
                       TABLE 218 BAR-MAGEN LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 219 BAR-MAGEN LTD.: DEALS
             13.1.14 INNOV AD NV/SA
                       TABLE 220 INNOV AD NV/SA: BUSINESS OVERVIEW
                       TABLE 221 INNOV AD NV/SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 222 INNOV AD NV/SA: DEALS
             13.1.15 JUBILANT INGREVIA LTD.
                       TABLE 223 JUBILANT INGREVIA LIMITED: BUSINESS OVERVIEW
                       FIGURE 38 JUBILANT INGREVIA LIMITED: COMPANY SNAPSHOT
                       TABLE 224 JUBILANT INGREVIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 225 JUBILANT INGREVIA LIMITED: OTHERS
*Details on Business overview, Products/Services/Solutions offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     13.2 OTHER PLAYERS 
             13.2.1 IDENA
             13.2.2 SPANSULES PHARMATECH PVT. LTD.
             13.2.3 AMESI GROUP
             13.2.4 SA PREMIX
             13.2.5 YESSINERGY
             13.2.6 PHIBRO ANIMAL HEALTH CORPORATION
             13.2.7 DLG
             13.2.8 GK BIOCHEMICAL CORPORATION
             13.2.9 ADVANCED ANIMAL NUTRITION PTY LTD.
             13.2.10 CREDENCE REMEDIES PVT. LTD.
 
14 ADJACENT AND RELATED MARKETS (Page No. - 215)
     14.1 INTRODUCTION 
               TABLE 226 MARKETS ADJACENT TO VITAMIN & MINERAL PREMIXES MARKET
     14.2 LIMITATIONS 
     14.3 FEED PREMIX MARKET 
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
                       TABLE 227 FEED PREMIX MARKET, BY INGREDIENT TYPE, 2021–2026 (USD MILLION)
     14.4 FOOD FORTIFYING AGENTS MARKET 
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
                       TABLE 228 FOOD FORTIFYING AGENTS MARKET, BY TYPE, 2019–2027 (USD MILLION)
 
15 APPENDIX (Page No. - 218)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 

The study involved four major activities in estimating vitamin & mineral premixes market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various sources, such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases, were referred to, to identify and collect information. Various sources, such as the Food and Agriculture Organization (FAO), United States Department of Agriculture (USDA), European Food Safety Authority (EFSA), Animal Feed Manufacturers Association (AFMA), Food Fortification Initiative, and academic references pertaining to vitamin & mineral premixes, were referred to identify and collect information for this study.

Secondary research was used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the vitamin & mineral premixes market.

After the complete market engineering (which included calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types; industry trends; key players; competitive landscape of vitamin & mineral premixes supplied by different market players; and key market dynamics, such as drivers, restraints, opportunities, burning issues, industry trends, and key player strategies.

In the complete market engineering process, top-down and bottom-up approaches were extensively used along with several data triangulation methods to conduct market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

Vitamin & Mineral Premixes Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the total size of the vitamin & mineral premixes market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players were identified through extensive primary and secondary research.
  • The value chain and market size of the vitamin & mineral premixes market, in terms of value and volume, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall vitamin & mineral premixes market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adopted—the top-down approach, the bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points match the data is assumed to be correct.

Report Objectives

  • To describe and forecast the vitamin & mineral premixes market, in terms of type, form, application, and region.
  • To describe and forecast the vitamin & mineral premixes market, in terms of value, by region– North America, Europe, Asia Pacific, South America, and the Rest of the World—along with their respective countries.
  • To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market.
  • To study the complete value chain of the vitamin & mineral premixes market.
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the vitamin & mineral premixes market.
  • To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with details on the competitive landscape of market leaders.
  • To analyze strategic approaches, such as expansions & investments, product launches & approvals, mergers & acquisitions, and agreements in the vitamin & mineral premixes market.

Customization Options:

MarketsandMarkets offers customizations according to client-specific scientific needs with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of the European vitamin & mineral premixes market into Poland, Spain, and other EU countries.
  • Further breakdown of the Rest of South American vitamin & mineral premixes market into Peru and Colombia.

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Report Code
FB 5886
Published ON
Jan, 2023
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