Global Nutritional Premixes Market Size, Share, Growth Analysis, By Type(Vitamin Premixes, Mineral Premixes), By Form(Powder, Liquid), By Application(Animal Feed, Nutrition) - Industry Forecast 2024-2031

Global Nutritional Premixes Market size was valued at USD 9.37 billion in 2019 and is poised to grow from USD 9.9 billion in 2023 to USD 16.37 billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).

The substances that are added to food during food processing are known as nutritional premixes. A nutritional premix is a mixture that is added to food during production or distribution. Enhancing the nutritional value of finished products is the main goal of nutritional premixes. Nutrient premixes have been widely employed in a variety of other applications besides food and drink, such as animal feed, nutraceuticals, pharmaceuticals, and others. Additionally, nutritional premixes have a number of positive effects on nutrition and health and lower the risk of a number of illnesses. Nutritional premixes are quickly becoming one of the most important ingredients in the food and beverage sector. The additional benefit of nutritional ingredients is that they contain all the necessary nutrients in a single component, saving food producers from having to include a range of food ingredients to accommodate various nutrients in their goods. Additionally, nutritious premixes have the ability to support bone health, strengthen the immune system, and give the body more energy, among other things. Examples of nutritional mixtures include infant premixes, vitamin premixes, mineral premixes, and others. Premixes are outlined as custom-made dry or liquid mixtures containing a variety of nutrients, including vitamins, minerals, amino acids, nutraceuticals, fibres, and nucleotides. Due to the expanding consumption of fortified beverages, particularly sports drinks and energy drinks, among athletes and sports enthusiasts worldwide, the demand for premixes has expanded significantly.

US Nutritional Premixes Market is poised to grow at a sustainable CAGR for the next forecast year.