The global Drum-To-Hopper Blends Premix Market is expected to reach a valuation of USD 752.1 Million in 2022, with demand increasing at a CAGR of 7.4% over the assessment period.
| Attributes | Key Insights |
|---|---|
| Drum to Hopper Blends Premix Market Estimated Size (2022E) | USD 752.1 Million |
| Projected Market Valuation (2032F) | USD 1,575.4 Million |
| Value CAGR (2022 to 2032) | 7.4% |
| Top 3 Countries Marketing Share | 38% |
Manufacturers are incorporating health-benefiting ingredients such as vitamin premixes to meet the growing demand for nutrition-rich food among health-conscious consumers.
Food manufacturers use a variety of ingredients to improve the appearance, flavor, and functionality of their products, which is expected to boost sales of drum-to-hopper blends premix in the market.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
As per the report, demand for drum-to-hopper blends is slated to increase at a 7.4% CAGR over the forecast period, in comparison to the 5.6% CAGR registered between 2017 to 2021.
A drum-to-hopper blend is a mixture of minerals, vitamins, amino acids, and antibiotics, among other things. It is used as a dietary supplement and in food fortification.
Malnutrition and severe health problems are caused by a lack of micronutrients in the diet. It improves the nutritional value of food and beverages while also providing essential nutrition to the body.
It also aids in weight management. The vitamin D present in drum-to-hopper blends improves metabolism and calcium absorption in the body. Rising malnutrition rates and increased use of fortified food products are expected to boost the market over the forecast period.
Factors such as rising demand for functional foods and beverages, as well as increased availability of nutraceuticals in various forms, will drive the drum-to-hopper blends market d. In addition to this, changing consumption patterns regarding food, along with high demand for supplements as a staple will spur demand in the market.
In addition, rising demand for customized premixes and a greater emphasis by various government bodies on raising awareness about the benefits of supplements will drive sales in the market.
The demand for fortification of food is increasing significantly owing to the high prevalence of diseases due to the lack of micronutrients in daily diets.
Several food products such as flour, sugar, maize, wheat, and vegetable oils are generally fortified with vitamins and minerals to improve health, which has driven demand for drum-to-hopper blends in recent years.
Consumption of mineral and nutrient premix, like amino acid-based infant formula, is also on the rise, owing to consumers' growing preference for nutritional fortification of baby food and infant formula.
Many children between the ages of 2-12 suffer from anemia, with iron deficiency being the most common cause. Consumers are seeking nutritional food products to enhance their daily intake of vitamins and minerals, which is expected to have a direct impact on the growth of the drum-to-hopper blend market.
High Preference for Fortified Packaged Food in the USA Will Fuel Sales
Drum to hopper blends sales in the USA are expected to hold 65% total North America drum to hopper blends market over the forecast period. Increasing demand and consumption of convenience products with good taste and health benefits are expected to drive the application of drums to hopper blends.
Expansion in the Food & Beverage Sector in the UK is Spurring Demand for Drum to Hopper Blends
Demand for drum-to-hopper blends in the UK is forecast to increase at a 9.7% CAGR over the assessment period. Companies all over the UK are forming alliances and merging to gain a larger market share. They are investing more in Research and Development projects and providing products that are cutting-edge in terms of technology and efficiency.
Per capita spending on healthy and nutritious food is rising across the UK, and people's desire to stay fit has resulted in high demand for healthy and nutritious food products.
Sales of Drum and Hopper Blend Powders Will Increase
Based on form, demand in the powder segment will increase at a 7.4% CAGR over the forecast period. These products are easy to store and use and are convenient and easy to transport as well. Powdered blend sales are expected to remain high as compared to liquid blends.
Amino Acid-based Blends are Being Incorporated into the Food and Beverage Sector
In terms of ingredients, total sales in the amino acid segment are expected to account for more than 33% of the market share from 2022 to 2032. Vitamins and minerals will continue to have significant market revenue shares. Nucleotide sales will grow at the fastest rate in the market in terms of value through 2032.
Demand from the Food and Beverage Sector Will Boost Drum to Hopper Blends Premix Sales
By application, demand in the food and beverage sector is forecast to increase at a 6.6% CAGR over the forecast period owing to increasing preference for functional foods and highly nutritious ready-to-eat packaged food products across emerging economies.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Product innovation and strategic mergers and acquisitions are some of the key strategies that are being adopted by drum-to-hopper blends manufacturers. They are also investing in research and development and in partnerships with healthcare research institutes to improve their product offerings.
For instance,
| Attributes | Details |
|---|---|
| Estimated Market Size (2022) | USD 752.1 Million |
| Projected Market Valuation (2032) | USD 1,575.4 Million |
| Value-based CAGR (2022 to 2032) | 7.4% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Million. Sq. M. for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
| Key Countries Covered | The USA, Brazil, Mexico, Germany, the UK, China, India, Japan, Australia, and GCC Countries |
| Key Segments Covered | Form, Ingredient, Application, Function, Region |
| Key Companies Profiled | Glanbia Plc; Archer Daniels Midland Company; Koninklijke DSM N.V.; Jubilant Life Sciences; BASF SE; Farbest Brands; Fenchem Biotek Ltd.; Prinova Group LLC; Watson Inc.; Barentz International; LycoRed Ltd.; SternVitamin GmbH; Hexagon Nutrition Pvt. Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Throughout the forecast period, the drum-to-hopper blends premix market is expected to grow at a CAGR of 7.4%.
By 2032, the drum-to-hopper blends premix market is expected to be worth USD 1,575.4 Million.
Demand for ready-to-mix food and food fortification are driving sales in the market.
North America is expected to remain one of the most lucrative regions in the market.
Some of the key players in the drum-to-hopper blends market include Glanbia, Archer Daniels Midland, Koninklijke DSM, B&H Biotechnology, Jubilant Life Sciences, Farbest Brands, Fenchem, Prinova Group, Watson Inc, Barentz, Lycored, SternVitamin, and Hexagon Nutrition.
| Estimated Market Value (2024E) | USD 1.9 billion |
|---|---|
| Projected Market Revenue (2034F) | USD 3.3 billion |
| Value-based CAGR (2024 to 2034) | 5.2% |
| Estimated Market Value (2024E) | USD 310.9 billion |
|---|---|
| Projected Market Revenue (2034F) | USD 551.4 billion |
| Value-based CAGR (2024 to 2034) | 7.2% |
| Market Size (2023) | USD 1,560 million |
|---|---|
| Anticipated Market Size (2033) | USD 2,780.3 million |
| Market Expected CAGR (2023 to 2033) | 5.9% |
| Expected Market value in 2023 | USD 1.6 Billion |
|---|---|
| Projected Market Value in 2033 | USD 2.6 Billion |
| Growth Rate (2023 to 2033) | 5% CAGR |
Explore Functional Food Ingredients Insights
View Reports
Drum To Hopper Blends Premix Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
