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