Food Premix Market

Global Food Premix Market Outlook from 2024 to 2034

As per the latest analysis, the global food premix market size is expected to reach USD 1.9 billion in 2024. Global sales of food premixes are projected to increase at a CAGR of 5.2% during the next ten years, totaling USD 3.3 billion by 2034.

Food premix demand is escalating all over the world due to the fascination with fortified food growing. Due to this, the global food premix industry is set to climb in value 1.7x times through 2034.

Global Food Premix Market Insights

Attributes	Key Insights
Estimated Global Food Premix Value (2024E)	USD 1.9 billion
Projected Global Food Premix Revenue (2034F)	USD 3.3 billion
Value-based CAGR (2024 to 2034)	5.2%

Global Food Premix Industry Overview

• Food premixes are becoming more ubiquitous on shop shelves due to their notable nutritional content, being infused with vitamins, minerals, and other functional ingredients.
• Rising usage of food premixes in ready-to-eat food products, beverage items, infant food, and over-the-counter pharmaceuticals is expected to boost the market.
• Food premixes are designed to improve the nutritional value, flavor, texture, and overall quality of food and beverage products. As a result, their demand is rising significantly in functional foods, dietary supplements, and other sectors.
• Consumer awareness of the need for a well-balanced diet and specific nutrient requirements is increasing. This, in turn, is expected to positively impact food premix sales during the forecast period.
• Manufacturers are focusing on developing specific food premixes to fulfill the needs of certain end users. For instance, they are creating products like nucleotide premixes.
• Nucleotide premixes are used in a variety of chemical reactions associated with metabolism. They are used in infant formula, clinical nutrition, nutritional drink fortification, and other products such as sports nutrition and athletic dietary drinks.

Other Factors Driving Growth of Food Premix Market

• The convenience and cost-effectiveness of using food premixes
• Rising popularity of functional and fortified foods
• Increasing use of vitamin and mineral premixes in infant formula and baby food
• Growing preference for convenience and ready-to-eat products
• Rising prevalence of malnutrition and micronutrient deficiencies
• Immunity-boosting properties and other health benefits of food premixes
• Escalating micronutrient fortification trend
• Surging popularity of functional superfoods
• Expanding food premix applications in sports nutrition, infant formula, and nutraceutical sectors
• Increasing usage of food premixes across households to make quick and easy meals with high nutritional content

Key Food Premix Market Trends

• Growing interest in plant-based and vegan premixes
• Increasing awareness of micronutrient deficiencies
• Surging demand for premixes with specific health benefits (e.g., immunity, gut health)
• Focus on reducing sugar and salt content in food products
• Escalating demand for premixes targeting specific age groups (e.g., elderly, children)
• Rising emphasis on preventive healthcare
• Increasing health and wellness trends
• Growing demand for convenience foods
• Increasing interest in food supplementation as a way to prevent deficiency diseases

Semi-annual Market Update

Market Statistics	Details
2022 Outlook (P)	5.2%
2022 Outlook (A)	4.1%
Jan to Jun (H1), 2023 Projected (P)	5.2%
Jan to Jun (H1), 2023 Outlook (A)	4.9%
Jul to Dec (H2), 2023 Outlook (P)	4.7%
Jul to Dec (H2), 2023 Projected (A)	5.6%
Jan to Jun (H1), 2024 Projected (P)	5.9%

Historical Food Premix Sales Outlook Compared to Future Market Forecast

Global sales of food premixes increased at a CAGR of 5.2% from 2019 to 2023, according to the latest analysis. For the projected period, the growth of the industry is put forward to happen at a CAGR of 5.2%, with the value of the sector estimated to reach USD 3.3 billion.

• One of the prime reasons for the growth of the food premix sector is the convenience offered by the product. Through the premixes, consumers do not have to go through rigorous blending processes to get the right mix of ingredients.
• Food premix demand is climbing as health needs are no longer relegated to the rearview mirror. More attention being paid to essential nutrients like vitamins and minerals are helping demand for the product to grow.
• Advancements in food processing technology are seeing premixes being incorporated into a myriad of new fortified food products.
• This will help them meet rising consumer demand for clean-label products.

Country-wise Insights

The table below highlights key countries’ food premix market revenues. The United States, Germany, and China are expected to remain the top three consumers of food premixes, with estimated valuations of USD 1.2 billion, USD 0.72 billion, and USD 0.46 billion, respectively, in 2034.

Countries	Projected Food Premix Market Revenue (2034)
United States	USD 1.2 billion
United Kingdom	USD 0.09 billion
Germany	USD 0.72 billion
China	USD 0.46 billion
Japan	USD 0.26 billion
India	USD 0.33 billion

The table below shows the predicted growth rates of the top nations. Progress is supposed to be radiant in countries like India, the United States, and the United Kingdom, with the CAGRs estimated to be 10.1%, 7.8%, and 8.7% respectively through 2034.

Countries	Projected Food Premix Market CAGR (2024 to 2034)
United States	7.8%
United Kingdom	8.7%
Germany	2.4%
China	7.1%
India	10.1%
Japan	4.4%

Versatile Applications across Diverse Industries Boosting the United States

The United States food premix market is projected to expand at 7.8% CAGR during the forecast period, totaling a valuation of USD 1.2 billion by 2034. A significant reason for the industry’s progress in the country is the application of the products across diverse industries, even beyond food and beverage, including baby nutrition and OTC drugs.

• Demand in the United States is high for fortified foods, creating demand for the premixes too.
• Food premixes are being utilized in a variety of food applications in the United States, including bakery, dressings, and sauces, setting a wide playing field for the product in the country.
• Color enhancement, texture improvement, and flavor enhancement are some of the popular uses for the premixes in bakery applications in the United States.
• For dairy products, the premixes are serving the purpose of fortifying both raw milk as well as milk products like yogurt and cheese.
• As the infant population of the United States swells, the use of the product in infant nutrition is accelerating. A rising amount of manufacturers are using food premixes to enhance the amount of nutrients in baby food products.

Rising Application of Vitamins in the Food Industry Driving Demand in China

China’s food premix market size is projected to reach USD 0.46 billion by 2034. Overall demand for food premixes in China will likely increase at 7.1% CAGR during the forecast period.

• Rising trend of using functional ingredients like vitamins and proteins in the food and beverages industry is a key factor driving food premix demand in China.
• Food and beverage manufacturers in China are incorporating vitamins in their products to attract consumers. These nutrients play a key role in maintaining overall health and well-being and are necessary for various bodily functions.
• As dietary patterns and lifestyles undergo a drastic change in China, there is often insufficient vitamin intake through regular diets. There are thus more efforts being undertaken to fortify food from manufacturers in the country.

Rising Demand for Dietary Supplements and Baby Foods Fueling Sales in Germany

Sales of food premixes in Germany are predicted to soar at 2.4% CAGR throughout the forecast period. Total market valuation in the country is set to reach USD 0.72 billion by 2034, driven by rising demand for dietary supplements and baby food products.

• Dietary supplements are gaining wider popularity in Germany and other European countries. This, in turn, is positively impacting food premix sales, and the trend will likely continue through 2034.
• Premixes are used in a variety of baby food products, including infant formulas, cereals, purees, and snacks. Thus, rising demand for baby food products will likely uplift food premix demand.
• Increasing parent attention to the diets of their children in Germany is boosting the demand for the product. Premixes’ ability to combine various functional ingredients like vitamins and minerals is endearing the product to parents in the country.
• Considering the inclination of a significant number of the German youth, manufacturers are increasing the production of vegan premixes and customized premix solutions.
• Continuous innovation, research, and development in food premix technology will further boost Germany market.

Category-wise Insights

The section below shows the food and beverages segment leading the food premix industry. It is estimated to hold a dominant value share of 50% in 2034. Based on function type, the immunity segment will likely hold a market share of 35% by 2034. In terms of ingredient type, the vitamins category is set to account for a revenue share of 28% in 2034.

Food Premixes Gaining Widespread Popularity in Food and Beverage Industry

Top Segment (Application Type)	Food & Beverages
Predicted CAGR (2024 to 2034)	7.7%

Based on application type, the food & beverage industry is expected to remain leading consumer of food premixes. The target segment is anticipated to grow at 7.7% CAGR during the projection period, totaling USD 1.6 million in 2034.

• Expanding usage of food premixes in the food & beverage industry due to their versatility and convenience is boosting segment growth.
• Food premixes have wide applications in the food and beverage industry, ranging from sports supplements and medical nutrition to beverage products.
• Bakery usage of the product is increasing as the product has diverse applications in the industry, including dough handling, enhancing texture, and extending shelf life.
• Premixes are added to dairy products to fortify them with nutrients such as calcium, vitamin D, and probiotics, thus allowing manufacturers to add greater functionality.
• Premixes are increasingly becoming a part of beverages such as juices, energy drinks, and flavored beverages not only for their nutritional content but also for their ability to improve mouthfeel through various flavors and tastes.

Immunity Segment Set to Hold a Dominant Market Share of 35% in 2034

Top Segment (Function Type)	Immunity
Predicted CAGR (2024 to 2034)	6.5%

As per the latest analysis, the immunity segment is projected to progress at 6.5% CAGR during the assessment period. Further, it will likely total USD 1.2 billion in 2034, accounting for a prominent market share of 35%.

• With immunity receiving a boost in profile in the wake of the rise of various diseases, immunity-boosting food products are being sought at an increased rate, including food premixes.
• Immunity-boosting premixes come armed with essential vitamins such as vitamin C, vitamin D, and zinc, appealing to health enthusiasts.
• Rising food premix consumption for enhancing immunity is expected to boost growth of the target segment.
• Food premixes help consumers maintain a healthy immune system and protect against common illnesses and infections. As a result, they are witnessing high popularity.
• Growing interest in preventive healthcare is another prominent factor expected to foster segment growth.

Competitive Landscape

The global food premix market is competitive in nature because of well-established and small companies. Top food premix manufacturers and suppliers listed in the report include Koninklijke DSM, Glanbia, Prinova Group, Farbest Brands, Archer Daniels Midland, B&H Biotechnology, Fenchem, Jubilant Life Sciences, Watson Inc, Barentz, Lycored, SternVitamin, and Hexagon Nutrition.

Leading manufacturers of food premixes are continuously innovating to create novel products that meet evolving needs of consumers. For instance, they are developing food premixes with new flavors and functionalities. Similarly, they are using sustainable ingredients to woo eco-conscious and vegan customers.

Several players are also showing interest in adopting strategies to stay ahead of the competition. These include partnerships, distribution agreements, new facility establishments, advertisements, and acquisitions. They are also moving their products to online platforms to boost sales.

Recent Developments in the Food Premix Market

• In June 2021, Prinova, a global provider of flavors, ingredients, and nutrient premixes, launched its new website.
• In April 2022, the TechVantage technology was introduced by Glanbia Nutraceuticals, which provides end-users with optimized technology to produce nutrient solutions with stability enhancements.
• In 2023, Prinova Europe showcased its new, unique sports and lifestyle nutrition solutions at Vitafoods Europe. The company also announced expansion of its Omega-3 range.

Key Players Profiled in the Food Premix Market Report

• Archer Daniels Midland
• Glanbia
• Koninklijke DSM
• B&H Biotechnology
• Farbest Brands
• Fenchem
• Jubilant Life Sciences
• Prinova Group
• Watson Inc
• Lycored
• SternVitamin
• Barentz
• Hexagon Nutrition

Key Coverage in Global Food Premix Market Research Report

• Adjacent Study on Global Premix Bread Flour Market, Middle East Food Premix Market, Feed Premix Market, Beverage Premix Market, and Premix Bottled Cocktails Market
• Detailed Analysis of Infant Formula Industry
• Factors Propelling Demand for Sports Nutrition Products
• Food Premix Market Growth Opportunities in Emerging Nations
• Food Fortification Outlook
• Advantages of Micronutrient Enrichment
• Trending Premix Food Recipes
• Benefits of Food Premix Powder
• Future Prospects for Food Premix Market in India
• Top Food Premix Companies

Global Food Premix Segmentation

By Form:

• Powder
• Liquid

By Ingredient Type:

• Vitamins
• Minerals
• Amino Acids
• Nucleotides
• Others (Botanicals)

By Application Type:

• Early Life Nutrition/ Baby Food
• Food & Beverages
  • Medical Nutrition
  • Sports Nutrition
  • Fortified Dairy & Beverages
  • Bakery Products
• Pharma OTC Drugs
• Dietary Supplements
• Nutritional Improvement Programmes

By Function Type:

• Bone Health
• Immunity
• Digestion
• Vision Health
• Energy
• Weight Management
• Heart Health
• Brain Health & Memory
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

Frequently Asked Questions

How big is the food premix market?

The global food premix market value is estimated to total USD 1.9 billion in 2024.

What is the expected food premix market size for 2034?

The global food premix market size is set to reach USD 3.3 billion by 2034.

What is the demand outlook for food premixes?

Global food premix demand is anticipated to rise at a CAGR of 5.2% through 2034.

How are food premix manufacturers responding to new growth opportunities?

Key players are constantly launching new products.

Who are the key players in the food premix industry?

Glanbia, Archer Daniels Midland, Koninklijke DSM, B&H Biotechnology, and Prinova Group.

What is a food premix?

A food premix is a blend of various essential nutrients, including vitamins, amino acids, and other functional ingredients.

What is premix good for?

Premixes are good for quickly making products and saving time.

What are the benefits of premix powder?

Convenience, extended shelf life, and cost-effectiveness are some benefits of premix powders.