Nutritional Premixes Market:Global Opportunity Analysis And Industry Forecast

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According to this latest publication from Meticulous Research™, the global Nutritional Premixes Market is expected to be valued at USD 12,397.8 million by 2023, growing at a CAGR of 4.0% from 2018.




This market is mainly driven by “growing health and wellness trend, changing food landscape, increasing demand for fortified food products, convenience in usage as a single ingredient over multiple ingredients, and increasing demand for compound animal feed. Also, expanding middle class population in emerging economies with growing awareness of nutrition provides significant opportunities in this market,” Meticulous Research™ notes in a press release today.

The global nutritional premixes market is mainly segmented by type (vitamin premixes, mineral premixes, amino acid premixes, nucleotide premixes, fiber premixes, nutraceutical premixes, and others), form (powder and liquid), and application (animal feed, nutrition and health supplements, food and beverages, pharmaceuticals, and others)

The report notes that, Vitamin premixes commanded the largest share of the global nutritional premixes market in 2017, mainly attributed to “increasing consumer preferences for blends of different functional ingredients, multiple nutritional benefits of vitamins to humans and animals, growing consumption of vitamin supplements, and increasing demand for vitamin fortified feed and food products.” However, the nucleotide premixes market is expected to witness a rapid growth during the forecast period, primarily due to “increasing demand from infant nutrition and nutraceutical sectors.”

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Contact Us:
Viren Shrivastva
Email: viren@meticulousresearch.com



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