Europe food premix market is projected to accelerate at a healthy CAGR of 9.5% during the assessment period (2023 to 2033). The market value is set to expand from US$ 599 million in 2023 to US$ 1,489 million by 2033. Currently, vitamin-based food premixes hold around 31% of the total market share.
Rising usage of food premixes in food & beverages, dietary supplements, OTC drugs, and infant nutrition, growing health awareness, and availability of customized premixes are prominent factors driving Europe food premix market.
In the global market, Europe holds around 33.5% of market share and this figure is likely to further increase due to rising demand for functional food products and beverages across countries such as Germany, France, and the United Kingdom.
Food premixes are complex blends of ingredients or nutrients such as proteins, vitamins, nucleotides, minerals, and trace elements. These mixtures help in improving immunity, bone and heart health, digestion, and brain development. They also provide energy and help in weight management as well. Hence, these premixtures find application in a variety of industries including food & beverage and dietary supplements where they are utilized to improve the nutritional content of products.
Food premixes are an ideal way to get all essential nutrients a human body needs without having to consume large quantities of food. They are easy to use and help food manufacturing companies significantly improve nutritional content of their food items.
Growing trend of food fortification across Europe is expected to play a crucial role in boosting food premix sales during the assessment period. Food fortification with micronutrients has become a key strategy of European food manufacturing companies for increasing the intake of vitamins and minerals of public significance.
Rising demand for nutrition-rich foods or fortified foods and beverages across Europe due to high incidence of malnutrition and growing focus on fitness and health will create lucrative growth prospects for food premix market over the projection period.
Similarly, increasing prevalence of deficiency diseases across European countries along with favorable government initiatives to reduce malnutrition burden will help the food premix industry to thrive at a healthy pace during the assessment period.
Attribute | Key Insights |
---|---|
Europe Food Premix Market Estimated Value (2023) | US$ 599 million |
Projected Market Value (2033) | US$ 1,489 million |
Value-based CAGR (2023 to 2033) | 9.5% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The food premix demand across Europe increased at a CAGR of 6.9% during the historical period from 2018 to 2022. For the forecast period between 2023 and 2033, Europe food premix industry is set to accelerate at a healthy CAGR of 9.5%, reaching a total valuation of US$ 1,489 million by the end of 2033.
Rising health consciousness and increasing demand for healthy food & beverage products are primary factors driving the market for food premixes across Europe.
Similarly, growing popularity of fortified food products and increasing production and consumption of dietary supplements across countries such as Germany and the United Kingdom will boost food premix sales during the projection period.
Several crucial factors have been identified by FMI that are projected to impact the market dynamics of Europe food premix industry during the assessment period (2023 to 2033). Besides this, analysts at FMI have also analyzed emerging trends, opportunities, restraining elements, and upcoming threats that can somehow impact food premix sales across Europe.
The drivers, restraints, opportunities, and threats identified are as follows:
DRIVERS:
RESTRAINTS:
OPPORTUNITIES:
THREATS:
Growing Demand for Fortified Foods Boosting Market in the United Kingdom
According to Future Market Insights, food premix market in the United Kingdom is poised to exhibit a CAGR of 4.1% during the forecast period (2023 to 2033). The demand for food premixes is increasing as consumers in the United Kingdom focus on healthy lifestyles. Also, there is growth in the functional food market which is creating lucrative opportunities for food premix manufacturers in the country.
Growing demand for fortified foods due to increasing health consciousness, changing lifestyles, and rising living standards, and changing lifestyles are expected to boost food premix sales across the United Kingdom during the projection period.
The need for quick, easy, and healthy food is increasing as people's schedules become busier. This in turn is creating growth prospects for the food premix business in the country.
Increased Demand for Packaged Food Products Boosting Food Premix Sales in Germany
Food premix sales across Germany are slated to rise at a steady pace during the next ten years owing to the rising demand for high-nutritional packaged food products, growing popularity of plant-based premixes, and rapid expansion of sports nutrition industry.
In European nations such as Germany, individuals are spending additional on healthy and nourishing foods to stay fit and healthy. Subsequently, due to a greater understanding among consumers of the advantages of consuming protein, such as enhanced energy, muscle mass, and strength, the sports nutrition sector is flourishing in the country. This expansion of the sports nutrition industry has led to an increased demand for food premixes and the trend is expected to continue during the assessment period.
Vitamin Premix Dominates the Europe Market
Based on ingredient type, the market is segmented into nucleotides, vitamins, amino acids, and minerals. Among these, vitamins segment holds a prominent share of Europe’s food premix industry and it is expected to progress at a robust pace during the projection period. This is attributed to the rising usage of vitamin premixes in dietary supplements, food & beverages, and OTC drugs.
Similarly, increasing inclination towards mixes of various functional components, growing demand for vitamin-fortified foods, and rising use of vitamin supplements due to rising prevalence of vitamin disorders such as osteoporosis, are also boosting growth of the target segment.
Food & Beverages Application to Create Maximum Revenue-generation Opportunities
By end use application, the market for food premixes has been segmented into food and beverages, dietary supplements, early life nutrition/baby food, and pharma OTC drugs. Among these, FMI predicts the food and beverages segment to retain its dominance over Europe’s food premixes industry during the forecast period. This is due to increasing usage of food premixes across the thriving food and beverage sector.
Food premixes are mostly used in food and beverage products to improve their nutritional content. Growing inclination towards high nutritional foods and beverages coupled with increasing trend of food fortification will further propel food premix demand in the food and beverage industry over the projection period.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The emergence of regional companies and increasing consumer demands for functional foods & beverages, and supplements have made the market highly competitive. To gain profits and expand their customer base, key food premix manufacturers across Europe are employing a wide range of strategies including new product launches, research and development activities, brand promotions, partnerships, mergers, acquisitions, and strengthening distribution channels.
Glanbia plc, DSM, SternVitamin, Jubilant Life Sciences, Farbest Brands, Fenchem, Prinova Group, Hexagon Nutrition B&H Biotechnology, Watson Inc, BASF SE, and Corbion are few of the key food premix companies in Europe.
Recent Developments:
Attribute | Details |
---|---|
Estimated Market Size (2023) | US$ 599 million |
Projected Market Size (2033) | US$ 1,489 million |
Anticipated Growth Rate (2023 to 2033) | 9.5% CAGR |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ Million for Value and MT for Volume |
Key Countries Covered | Germany, France, Spain, United Kingdom, BENELUX, Nordic, Russia, Poland, Italy |
Key Segments Covered | Form, Ingredient Type, End Use Application, Country |
Key Companies Profiled | Dutch State Mines; Glanbia plc; BASF SE; Corbion; SternVitamin; Vitablend; Hellay Australia pvt; Farbest brands; Jubilant Life Sciences; Archer Daniels Midland Company; Koninklijke DSM N.V.; 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, Competitive Landscape, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The industry is valued at US$ 599 million in 2023.
The challenge in the market is the stringent environmental regulations.
The market is growing due to the increasing demand for convenience and healthy food.
The industry is estimated to reach US$ 1,489 million by 2033.
The Europe food premix market CAGR through 2033 is likely to be 9.5%.
1. Executive Summary | Europe Food Premix Market 1.1. Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Technology Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition 2.3. Installed Base Capacity (2023E) 2.4. Replacement Rate (2023E) 3. Market Outlook 3.1. Historical Market Size (in Value (US$ Million) and Volume (MT) Analysis, 2018 to 2022 3.2. Current and Future Market Size (in Value (US$ Million) and Volume (MT) Analysis, 2023 to 2033 3.2.1. Y-o-Y Growth Trend Analysis 3.2.2. Absolute $ Opportunity Analysis 4. Market Dynamics 4.1. Drivers 4.1.1. Supply Side Drivers 4.1.2. Demand Side drivers 4.1.3. Economic Side Drivers 4.2. Restraints 4.3. Opportunity 4.4. Market trends By Region 4.5. Forecast Factors - Relevance & Impact 4.6. Regulations and Policies 5. Market - Pricing Analysis 5.1. Price Point Assessment by Region 5.1.1. Manufacturer Level Pricing 5.1.2. Distributor Level Pricing 5.2. Price Point Assessment By Ingredient Type 5.3. Price Forecast till 2033 6. Value Chain Analysis 6.1. Operating margins at each node of supply chain 6.2. List of Active Market Participants 7. Market Size (in Value (US$ Million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Market Size (in Value (US$ Million) and Volume (MT) Analysis, 2018 to 2022 7.2. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form Type 8.1. Introduction / Key Findings 8.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By Form Type, 2018 to 2022 8.3. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By Form Type, 2023 to 2033 8.3.1. Powder 8.3.2. Liquid 8.4. Market Attractiveness Analysis by Form Type 9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Ingredient Type 9.1. Introduction / Key Findings 9.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By Ingredient Type, 2018 to 2022 9.3. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By Ingredient Type, 2023 to 2033 9.3.1. Vitamins 9.3.2. Minerals 9.3.3. Amino Acids 9.3.4. Nucleotides 9.4. Market Attractiveness Analysis by Ingredient Type 10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Application 10.1. Introduction / Key Findings 10.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By End Use Application, 2018 to 2022 10.3. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By End Use, 2023 to 2033 10.3.1. Early Life Nutrition/Baby Food 10.3.2. Pharma OTC Drugs 10.3.3. Food & Beverages 10.3.4. Dietary Supplements 10.4. Market Attractiveness Analysis by End Use Type 11. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Function Type 11.1. Introduction / Key Findings 11.2. Historical Market Size in Value (US$ Million) and Volume (MT) Analysis By Function Type, 2018 to 2022 11.3. Current and Future Market Size in Value (US$ Million) and Volume (MT) Analysis and Forecast By End Use, 2023 to 2033 11.3.1. Immunity 11.3.2. Bone Health 11.3.3. Digestion 11.4. Market Attractiveness Analysis by Function Type 12. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Country 12.1. Introduction 12.2. Historical Market Size (in Value (US$ Million) and Volume (MT) Analysis By Region, 2018 to 2022 12.3. Current Market Size (in Value (US$ Million) and Volume (MT) Analysis and Forecast By Country, 2023 to 2033 12.3.1. Germany 12.3.2. France 12.3.3. Spain 12.3.4. United Kingdom 12.3.5. BENELUX 12.3.6. Nordic 12.3.7. Russia 12.3.8. Poland 12.3.9. Italy 12.4. Market Attractiveness Analysis By Country 13. Germany Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 13.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 13.4.1. By Form Type 13.4.2. By Ingredient Type 13.4.3. By Function Type 13.4.4. By End Use Application 13.5. Market Attractiveness Analysis 13.5.1. By Form Type 13.5.2. By Ingredient Type 13.5.3. By Function Type 13.5.4. By End Use Application 13.6. Market Trends 13.7. Key Market Participants - Intensity Mapping 13.8. Drivers and Restraints - Impact Analysis 14. France Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 14.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 14.4.1. By Form Type 14.4.2. By Ingredient Type 14.4.3. By Function Type 14.4.4. By End Use Application 14.5. Market Attractiveness Analysis 14.5.1. By Form Type 14.5.2. By Ingredient Type 14.5.3. By Function Type 14.5.4. By End Use Application 14.6. Market Trends 14.7. Key Market Participants - Intensity Mapping 14.8. Drivers and Restraints - Impact Analysis 15. Italy Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 15.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 15.4.1. By Form Type 15.4.2. By Ingredient Type 15.4.3. By Function Type 15.4.4. By End Use Application 15.5. Market Attractiveness Analysis 15.5.1. By Form Type 15.5.2. By Ingredient Type 15.5.3. By Function Type 15.5.4. By End Use Application 15.6. Market Trends 15.7. Key Market Participants - Intensity Mapping 15.8. Drivers and Restraints - Impact Analysis 16. Spain Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 16.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 16.4.1. By Form Type 16.4.2. By Ingredient Type 16.4.3. By Function Type 16.4.4. By End Use Application 16.5. Market Attractiveness Analysis 16.5.1. By Form Type 16.5.2. By Ingredient Type 16.5.3. By Function Type 16.5.4. By End Use Application 16.6. Market Trends 16.7. Key Market Participants - Intensity Mapping 16.8. Drivers and Restraints - Impact Analysis 17. United Kingdom Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 17.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 17.4.1. By Form Type 17.4.2. By Ingredient Type 17.4.3. By Function Type 17.4.4. By End Use Application 17.5. Market Attractiveness Analysis 17.5.1. By Form Type 17.5.2. By Ingredient Type 17.5.3. By Function Type 17.5.4. By End Use Application 17.6. Market Trends 17.7. Key Market Participants - Intensity Mapping 17.8. Drivers and Restraints - Impact Analysis 18. BENELUX Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 18.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 18.4.1. By Form Type 18.4.2. By Ingredient Type 18.4.3. By Function Type 18.4.4. By End Use Application 18.5. Market Attractiveness Analysis 18.5.1. By Form Type 18.5.2. By Ingredient Type 18.5.3. By Function Type 18.5.4. By End Use Application 18.6. Market Trends 18.7. Key Market Participants - Intensity Mapping 18.8. Drivers and Restraints - Impact Analysis 19. Nordic Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19.1. Introduction 19.2. Pricing Analysis 19.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 19.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 19.4.1. By Form Type 19.4.2. By Ingredient Type 19.4.3. By Function Type 19.4.4. By End Use Application 19.5. Market Attractiveness Analysis 19.5.1. By Form Type 19.5.2. By Ingredient Type 19.5.3. By Function Type 19.5.4. By End Use Application 19.6. Market Trends 19.7. Key Market Participants - Intensity Mapping 19.8. Drivers and Restraints - Impact Analysis 20. Russia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20.1. Introduction 20.2. Pricing Analysis 20.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 20.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 20.4.1. By Form Type 20.4.2. By Ingredient Type 20.4.3. By Function Type 20.4.4. By End Use Application 20.5. Market Attractiveness Analysis 20.5.1. By Form Type 20.5.2. By Ingredient Type 20.5.3. By Function Type 20.5.4. By End Use Application 20.6. Market Trends 20.7. Key Market Participants - Intensity Mapping 20.8. Drivers and Restraints - Impact Analysis 21. Poland Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21.1. Introduction 21.2. Pricing Analysis 21.3. Historical Market Size (US$ Million) and Volume(MT) Trend Analysis By Market Taxonomy, 2018 to 2022 21.4. Market Size (US$ Million) and Volume(MT) Forecast By Market Taxonomy, 2023 to 2033 21.4.1. By Form Type 21.4.2. By Ingredient Type 21.4.3. By Function Type 21.4.4. By End Use Application 21.5. Market Attractiveness Analysis 21.5.1. By Form Type 21.5.2. By Ingredient Type 21.5.3. By Function Type 21.5.4. By End Use Application 21.6. Market Trends 21.7. Key Market Participants - Intensity Mapping 21.8. Drivers and Restraints - Impact Analysis 22. Market Structure Analysis 22.1. Market Competition - a Dashboard View 22.2. Industry Structure Analysis 22.2.1. % tier 1 market players 22.2.2. % tier 2 market players 22.2.3. % tier 3 market players 22.3. Market Company Share Analysis 22.3.1. For Tier 1 Market Players, 2022 22.3.2. Company Market Share Analysis of Top 5 Players, By Country 22.4. Key Participants Market Presence (Intensity Mapping) by Country 23. Competition Analysis 23.1. Competition Dashboard 23.2. Competition Benchmarking 23.3. Competition Deep Dive 23.3.1. Dutch State Mines 23.3.1.1. Product Portfolio 23.3.1.2. Product Claim 23.3.1.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.1.4. Sales Footprint 23.3.1.5. Strategy Overview 23.3.1.5.1. Marketing Strategy 23.3.1.5.2. Product Strategy 23.3.1.5.3. Channel Strategy 23.3.1.6. SWOT Analysis 23.3.2. Glanbia plc 23.3.2.1. Product Portfolio 23.3.2.2. Product Claim 23.3.2.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.2.4. Sales Footprint 23.3.2.5. Strategy Overview 23.3.2.5.1. Marketing Strategy 23.3.2.5.2. Product Strategy 23.3.2.5.3. Channel Strategy 23.3.2.6. SWOT Analysis 23.3.3. BASF SE 23.3.3.1. Product Portfolio 23.3.3.2. Product Claim 23.3.3.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.3.4. Sales Footprint 23.3.3.5. Strategy Overview 23.3.3.5.1. Marketing Strategy 23.3.3.5.2. Product Strategy 23.3.3.5.3. Channel Strategy 23.3.3.6. SWOT Analysis 23.3.4. Corbion 23.3.4.1. Product Portfolio 23.3.4.2. Product Claim 23.3.4.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.4.4. Sales Footprint 23.3.4.5. Strategy Overview 23.3.4.5.1. Marketing Strategy 23.3.4.5.2. Product Strategy 23.3.4.5.3. Channel Strategy 23.3.4.6. SWOT Analysis 23.3.5. Watson 23.3.5.1. Product Portfolio 23.3.5.2. Product Claim 23.3.5.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.5.4. Sales Footprint 23.3.5.5. Strategy Overview 23.3.5.5.1. Marketing Strategy 23.3.5.5.2. Product Strategy 23.3.5.5.3. Channel Strategy 23.3.5.6. SWOT Analysis 23.3.6. SternVitamin 23.3.6.1. Product Portfolio 23.3.6.2. Product Claim 23.3.6.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.6.4. Sales Footprint 23.3.6.5. Strategy Overview 23.3.6.5.1. Marketing Strategy 23.3.6.5.2. Product Strategy 23.3.6.5.3. Channel Strategy 23.3.6.6. SWOT Analysis 23.3.7. Vitablend 23.3.7.1. Product Portfolio 23.3.7.2. Product Claim 23.3.7.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.7.4. Sales Footprint 23.3.7.5. Strategy Overview 23.3.7.5.1. Marketing Strategy 23.3.7.5.2. Product Strategy 23.3.7.5.3. Channel Strategy 23.3.7.6. SWOT Analysis 23.3.8. Hellay Australia pvt 23.3.8.1. Product Portfolio 23.3.8.2. Product Claim 23.3.8.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.8.4. Sales Footprint 23.3.8.5. Strategy Overview 23.3.8.5.1. Marketing Strategy 23.3.8.5.2. Product Strategy 23.3.8.5.3. Channel Strategy 23.3.8.6. SWOT Analysis 23.3.9. Farbest brands 23.3.9.1. Product Portfolio 23.3.9.2. Product Claim 23.3.9.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.9.4. Sales Footprint 23.3.9.5. Strategy Overview 23.3.9.5.1. Marketing Strategy 23.3.9.5.2. Product Strategy 23.3.9.5.3. Channel Strategy 23.3.9.6. SWOT Analysis 23.3.10. Jubilant Life Sciences 23.3.10.1. Product Portfolio 23.3.10.2. Product Claim 23.3.10.3. Revenue by Market Segments (Product/ Format/Channel/Country) 23.3.10.4. Sales Footprint 23.3.10.5. Strategy Overview 23.3.10.5.1. Marketing Strategy 23.3.10.5.2. Product Strategy 23.3.10.5.3. Channel Strategy 23.3.10.6. SWOT Analysis 24. Assumptions and Acronyms Used 25. Research Methodology
Explore Food and Beverage Insights
View Reports