According to the report Customized Premix Market published by Market Data Forecast, the global market is projected to reach USD 1643.42 Million by 2021, at a CAGR of 4.8% from 2016 to 2021.
Customized premixes are dry or liquid custom mixtures of a wide array of nutritional ingredients. Customized premixes assist the purpose of improving the complete nutritional value of food and additional products. These customized mixtures are used in several applications involving food, beverages, dairy products, dietary supplements and so on.
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Increasing incomes, buying power, and consumer demand for nutritional & healthy foodstuffs deliver promising prospects for the growth and expansion in the region’s food sector. Growth is mainly driven by the increasing purchasing power of households. Growing disposable incomes and consumer acceptance of health and wellness trends are among the factors pushing the market growth.
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Prinova Group LLC., SternVitamin GmbH & Co. KG, Koninklijke DSM N.V., Jubilant Life Sciences, Archer Daniels Midland Company, Fenchem, Glanbia plc., B&H Biotechnology Co. Ltd., Barentz, Farbest Brands, Lycored, Hexagon Nutrition Pvt. Ltd., Archer Daniels Midland Company and WATSON-INC are some of the key players in the global market for customized premixes.
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