Global Food Premix Market: Industry Analysis and Opportunity Assessment, 2016-2026
"Food
Premix Market: Global Industry Analysis and Opportunity Assessment,
2016-2026"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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– In
terms of value, the global food premix market is projected to expand
at a CAGR of 5.3% over the forecast period (20162026) and reach a
value of US$ 2,033 Mn by 2026 end. The nucleotides ingredient type
segment is projected to register a CAGR of 7.5% in terms of revenue
over the forecast period. This segment is expected to remain dominant
and account for 10.7% value share over the forecast period. Vitamins
segment is estimated to account for substantial value share in 2016
end, owing to continuous development of new and innovative customised
premixes by manufacturers in the global market.
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– By
function type, the weight management segment is estimated to account
for 21.0% share of the overall global market revenue by 2016 end, and
is expected to contribute significantly high revenue over the
forecast period. The energy segment is expected to witness favorable
revenue growth, registering a CAGR of 4.1% over the forecast period.
This segment is projected to create incremental $ opportunity of US$
155 Mn between 2016 and 2026.
– Markets in North America,
Western Europe and Asia Pacific are expected to contribute
significantly to overall revenue of the global food premix market.
Rising demand for fortified foods coupled with increasing production
of customised blends of vitamins and minerals in these regions are
factors expected to fuel growth of the global food premix market. In
addition, the market in North America is estimated to account for
majority revenue share of 35.2% in 2016 end.
– North America market is
expected to witness comparatively high growth in terms of value over
the forecast period. The vitamins segment in markets North America,
Western Europe and Asia Pacific is estimated to account for over 70%
revenue share of the global food premix market by 2016 end. Vitamin,
mineral and amino acid segments are expected to witness significant
growth rates over the forecast period in the aforementioned regional
markets.
– Increasing demand for
fortified foods is attributed to addition of essential ingredients
such as vitamins, minerals, amino acids and nucleotides. Demand for
innovative premix products from the food industry is expected to
increase as various companies engaged in production of customised
blends of vitamin and mineral premixes that are used in various food
applications such as sports and infant nutrition products, dietary
supplements and clinical nutrition.
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Clear Details get Table of Contents @
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