Market Overview:
The global vitamin and mineral premixes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fortified foods and beverages, rising awareness about the benefits of vitamins and minerals, and growing consumer preference for healthy lifestyle products. Based on type, the global vitamin and mineral premixes market can be segmented into bone health, skin health, energy, immunity, digestion, and others. Among these segments, the energy segment is expected to witness highest growth during the forecast period owing to increasing demand for functional foods that provide energy boost. Based on application, the global vitamin and mineral premixes market can be divided into feed industry (livestock feed & aquaculture feed), food industry (bakery & confectionery products; dairy products; breakfast cereals; ready-to-eat meals), beverage industry (fruit juices & nectars; sports drinks; carbonated soft drinks), healthcare sector (pharmaceuticals; dietary supplements), personal care sector (skin care products; hair care products)],and others). The food industry is projected to account for largest share of this market in terms of revenue during 2018–2030 owing to rising demand for fortified food items across different regions worldwide.
Product Definition:
A vitamin and mineral premix is a blend of vitamins and minerals that is used as a nutritional supplement. These supplements are important for maintaining good health, especially in people who do not eat a balanced diet. Vitamin and mineral premixes can be found in pill form or as powders that can be added to food or drinks.
Bone Health:
The global bone health, it's usage and growth factor in vitamin and mineral premixes market size was valued at USD 1.6 billion in 2016.
Skin Health:
The global skin health and it's usage in vitamin and mineral premixes market size was valued at USD 1.5 billion in 2016. The growing awareness among consumers regarding the benefits of using natural products is expected to drive growth over the forecast period.
Rising consumer preference for supplements that are manufactured using natural ingredients, which have minimal side effects, will boost demand for vitamin and mineral premixes over the next few years.
Application Insights:
The feed application segment led the global vitamin and mineral premixes market in 2017. The feed industry is one of the largest consumers of minerals and vitamins as these compounds help maintain animal health by providing essential nutrients to animals. In addition, demand for these products from various industries including dairy, meat, eggs & poultry is expected to drive growth over the forecast period.
Vitamins are added to animal feeds either as alone or in combination with other elements such as minerals or amino acids. Some common types of vitamin additives include multivitamin complexes that provide a broad range of nutrients for horses along with additional supplements such as omega fatty acids and trace elements. These complex formulations help improve overall equine health thereby enhancing their performance on racecourses across all regions including North America Europe Asia Pacific Latin America Middle East Africa Oceania.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to rising consumer awareness regarding a healthy lifestyle and increasing demand for sports nutrition products in countries, such as U.S., Canada, and Mexico.
Europe accounted for more than 20% of share of global revenue in 2017 due to high animal feed production that drives product demand from European region.
Growth Factors:
- Increasing awareness about the benefits of vitamin and mineral premixes among consumers.
- Rising demand for fortified foods and beverages due to increasing health consciousness among consumers.
- Growing trend of healthy eating habits among consumers across the globe.
- Proliferation of retail outlets that offer vitamin and mineral premixes products, which is aiding in wider distribution of these products to end-users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin and Mineral Premixes Market Research Report
By Type
Bone Health, Skin Health, Energy, Immunity, Digestion, Others
By Application
Feed, Food and Beverages, Healthcare, Personal Care
By Companies
DSM, Glanbia, Vitablend Nederland, Watson, The Wright Group, Zagro Asia, Burkmann Industries, Bar-Magen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin and Mineral Premixes Market Report Segments:
The global Vitamin and Mineral Premixes market is segmented on the basis of:
Types
Bone Health, Skin Health, Energy, Immunity, Digestion, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Feed, Food and Beverages, Healthcare, Personal Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DSM
- Glanbia
- Vitablend Nederland
- Watson
- The Wright Group
- Zagro Asia
- Burkmann Industries
- Bar-Magen
Highlights of The Vitamin and Mineral Premixes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bone Health
- Skin Health
- Energy
- Immunity
- Digestion
- Others
- By Application:
- Feed
- Food and Beverages
- Healthcare
- Personal Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vitamin and Mineral Premixes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A vitamin and mineral premix is a product that contains multiple vitamins and minerals in one easy-to-use tablet or capsule. This type of supplement can be helpful for people who want to take multiple vitamins and minerals at once, without having to remember to take them separately.
Some of the major companies in the vitamin and mineral premixes market are DSM, Glanbia, Vitablend Nederland, Watson, The Wright Group, Zagro Asia, Burkmann Industries, Bar-Magen.
The vitamin and mineral premixes market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vitamin and Mineral Premixes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vitamin and Mineral Premixes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vitamin and Mineral Premixes Market - Supply Chain
4.5. Global Vitamin and Mineral Premixes Market Forecast
4.5.1. Vitamin and Mineral Premixes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vitamin and Mineral Premixes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vitamin and Mineral Premixes Market Absolute $ Opportunity
5. Global Vitamin and Mineral Premixes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vitamin and Mineral Premixes Market Size and Volume Forecast by Type
5.3.1. Bone Health
5.3.2. Skin Health
5.3.3. Energy
5.3.4. Immunity
5.3.5. Digestion
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vitamin and Mineral Premixes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vitamin and Mineral Premixes Market Size and Volume Forecast by Application
6.3.1. Feed
6.3.2. Food and Beverages
6.3.3. Healthcare
6.3.4. Personal Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vitamin and Mineral Premixes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vitamin and Mineral Premixes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vitamin and Mineral Premixes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vitamin and Mineral Premixes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vitamin and Mineral Premixes Demand Share Forecast, 2019-2026
9. North America Vitamin and Mineral Premixes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vitamin and Mineral Premixes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vitamin and Mineral Premixes Market Size and Volume Forecast by Application
9.4.1. Feed
9.4.2. Food and Beverages
9.4.3. Healthcare
9.4.4. Personal Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vitamin and Mineral Premixes Market Size and Volume Forecast by Type
9.7.1. Bone Health
9.7.2. Skin Health
9.7.3. Energy
9.7.4. Immunity
9.7.5. Digestion
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vitamin and Mineral Premixes Demand Share Forecast, 2019-2026
10. Latin America Vitamin and Mineral Premixes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vitamin and Mineral Premixes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vitamin and Mineral Premixes Market Size and Volume Forecast by Application
10.4.1. Feed
10.4.2. Food and Beverages
10.4.3. Healthcare
10.4.4. Personal Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vitamin and Mineral Premixes Market Size and Volume Forecast by Type
10.7.1. Bone Health
10.7.2. Skin Health
10.7.3. Energy
10.7.4. Immunity
10.7.5. Digestion
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vitamin and Mineral Premixes Demand Share Forecast, 2019-2026
11. Europe Vitamin and Mineral Premixes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vitamin and Mineral Premixes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vitamin and Mineral Premixes Market Size and Volume Forecast by Application
11.4.1. Feed
11.4.2. Food and Beverages
11.4.3. Healthcare
11.4.4. Personal Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vitamin and Mineral Premixes Market Size and Volume Forecast by Type
11.7.1. Bone Health
11.7.2. Skin Health
11.7.3. Enery
11.7.4. Immunity
11.7.5. Digestion
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vitamin and Mineral Premixes Demand Share, 2019-2026
12. Asia Pacific Vitamin and Mineral Premixes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vitamin and Mineral Premixes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vitamin and Mineral Premixes Market Size and Volume Forecast by Application
12.4.1. Feed
12.4.2. Food and Beverages
12.4.3. Healthcare
12.4.4. Personal Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vitamin and Mineral Premixes Market Size and Volume Forecast by Type
12.7.1. Bone Health
12.7.2. Skin Health
12.7.3. Energy
12.7.4. Immunity
12.7.5. Digestion
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vitamin and Mineral Premixes Demand Share, 2019-2026
13. Middle East & Africa Vitamin and Mineral Premixes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vitamin and Mineral Premixes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vitamin and Mineral Premixes Market Size and Volume Forecast by Application
13.4.1. Feed
13.4.2. Food and Beverages
13.4.3. Healthcare
13.4.4. Personal Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vitamin and Mineral Premixes Market Size and Volume Forecast by Type
13.7.1. Bone Health
13.7.2. Skin Health
13.7.3. Energy
13.7.4. Immunity
13.7.5. Digestion
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vitamin and Mineral Premixes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vitamin and Mineral Premixes Market: Market Share Analysis
14.2. Vitamin and Mineral Premixes Distributors and Customers
14.3. Vitamin and Mineral Premixes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DSM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Glanbia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vitablend Nederland
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Watson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Wright Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zagro Asia
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Burkmann Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bar-Magen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook