The USA food premix market size is forecast to reach USD 556 million in 2023. Between 2023 and 2033, total food premix sales in the USA are anticipated to accelerate at 8.7% CAGR, taking the overall market valuation to USD 1,278 million by the end of 2033.
Growing adoption of food premixes in dietary supplements, baby nutrition, food & beverage, and numerous other applications is a key factor driving the USA food premix industry. Subsequently, growing trend of food fortification and availability of customized food premixes are anticipated to bolster food premix sales across the United States during the assessment period.
Food premixes are mixtures of nutrients such as vitamins, minerals, proteins, nucleotides, and trace elements that find applications across various industries. These blends provide energy, improve immunity, bone, and heart health, and facilitate brain development.
Food premixes are adopted across industries such as dietary supplements and food & beverage where they are utilized to improve the nutritional content of products. They are an ideal way to get all essential nutrients a human body needs without having to consume large quantities of food.
Over the years, food premixes have gained immense traction in food fortification as they are easy to use and help companies significantly improve nutritional content of their food items. Food fortification with micronutrients has emerged as a key tool of food manufacturing companies for increasing the intake of vitamins and minerals of public significance.
Hence, growing consumption of fortified food products across the USA due to rising focus on health and fitness and growing prevalence of deficiency diseases will continue to act as a catalyst triggering demand for food premixes across the USA.
Deficiency diseases are rising rapidly in the United States as a result of the country's growing population and sedentary lifestyles of citizens. People across the USA desire better food that is high in nutrients such as vitamins, protein, minerals, fiber, and other micronutrients rather than just food that fulfills their hunger.
As a result, there is a significant rise in demand for foods with added vitamins and minerals. To stay competitive, producers of food premixes are likewise working to improve the taste and texture.
The rising expense of healthcare, the consistent increase in living standards, and desire of older people for a better quality of life in their later years are creating high demand for healthy and nutrient-rich food products. Therefore, companies are beginning to incorporate premixes into their food products. This will positively influence food premix demand.
Key USA-based food premix manufacturers are gradually shifting their focus towards developing plant-based food premixes to walk with the trend of veganism. For instance, Prinova recently launched new plant premixes for dairy alternatives. This will bode well for the market.
| Attribute | Key Insights |
|---|---|
| USA Food Premix Market Estimated Size (2023E) | USD 556 million |
| Projected Market Size (2033F) | USD 1,278 million |
| Value-based CAGR (2023 to 2033) | 8.7% |
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According to Future Market Insights, food premix sales across the United States recorded a CAGR of 5.2% during the historical period from 2018 to 2022. The overall market size increased from USD 392 million in 2018 to USD 504 million at the end of 2022.
However, for the projection period between 2023 and 2033, food premix demand in the USA market is set to rise at a robust CAGR of 8.7%, totaling a valuation of USD 1,278 million by 2033.
Rising consumption of fortified foods and increasing popularity of preventive healthcare are few of the key factors driving the USA food premix industry.
Subsequently, growing usage of food premixes in OTC drugs, baby nutrition, and functional foods coupled with increasing demand for these products will boost food premix sales across the USA during the assessment period.
The United States is a leading manufacturer and exporter of food premix ingredients such as amino acids, nutraceuticals, proteins, minerals, vitamins, sweeteners, and others. The country is home to various prominent food premix manufacturers that are committed towards introducing novel products as well as providing customized food premix solutions.
Food premix ingredients are available in powder and liquid form and can be widely used in beverages, baby food, dietary supplements, flour fortification, sports nutrition, pharma OTC drugs, etc. Growing production and consumption of these products will therefore continue to create lucrative opportunities for food premix manufacturers across the USA.
Rising Demand for Fortified Foods to Boost the USA Food Premix Market
The USA food premix industry is set to register a healthy CAGR of 8.7% during the forecast period (2023 to 2033), generating significant revenues by the end of 2033.
Growing demand for fortified foods due to rising health consciousness, increasing incidence of deficiency diseases, and changing lifestyles is expected to boost food premix sales across the United States during the projection period.
Similarly, increasing popularity of functional foods, booming food & beverage sector, and large presence of leading food premix manufacturers will accelerate the expansion of the USA market over the next ten years.
Powdered Food Premixes Remain Highly Popular Among Consumers
Based on form, the USA food premix industry is categorized into powder and liquid. Among these, powder segment holds around 74% market share and it is likely to retain its dominance during the forecast period.
Growth of the target segment is attributed to rising usage of powdered food premixes across various industries due to their convenient storage and longer shelf life.
A few of the frequently consumed powder-form premix products are grain flour, dietary supplements, baby food, and nutritional food supplements which have ingredients such as vitamins, minerals, protein, nucleotides, amino acids, etc. that give good consistency to the products.
Powdered premix foods have other advantages such as packaging, flexibility, and affordability which are missing in liquid-form premix food products.
Surge in Cases of Vitamin Deficiency Diseases across the USA Pushing Vitamin Food Premix Demand
According to Future Market Insights, the vitamins segment currently holds around 28% share of the USA food premix industry and it is expected to showcase significant growth during the next ten years.
Various health authorities have raised concerns about growing micronutrient deficiencies in United States citizens. According to the US Department of Agriculture (USDA) and Centers for Disease Control and Prevention (CDC), around 70% of elderly American citizens have vitamin D deficiency while 90% of Americans have vitamin D deficiency. Similarly, 50% of United States citizens suffer from vitamin C deficiency.
The best solution for these vitamin-deficiency conditions is to consume food that is fortified with various premixes rich in vitamins. Growing usage of vitamin food premixes in various products to reduce the chances of vitamin deficiency disease development will boost the growth of the target segment during the assessment period.
Subsequently, rising consumption of vitamin supplements by people across the United States is expected to propel vitamin food premix demand over the next ten years.
Dietary Supplements to Generate Lucrative Revenues Through 2033
Based on application, dietary supplements segment dominates the USA food premix industry with a share of about 19%. This is due to rising prevalence of deficiency diseases, increasing health awareness, and the willingness to pay a premium price for healthy and nutritional diets.
Women, newborn babies, and old citizens are usually prone to nutrition deficiencies and the easy way to get away from this is by intake of the right sort of dietary supplements which are fortified with vitamins, minerals, protein, and amino acids.
Key manufacturers of food premixes in the USA are Glanbia plc, Prinova, Archer Daniels Midland Company, Cargill Incorporated, General Mills, Watson Inc., Austrade Inc., Farbest Brands, Danone, Bunge Limited, Fenchem Biotek Ltd., Corbion N.V., Jubilant Life Sciences, SternVitamin GmbH, and LycoRed Ltd.
The involvement of big, and small players has made the USA food premix industry highly competitive. In order to gain an upper hand in the market, companies are utilizing numerous strategies including new product launches, mergers, partnerships, collaborations, and acquisitions.
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| Attribute | Details |
|---|---|
| Estimated Market Value (2023) | USD 556 million |
| Projected Market Value (2033) | USD 1,278 million |
| Anticipated Growth Rate (2023 to 2033) | 8.7% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2023 |
| Market Analysis | USD million for Value and MT for Volume |
| Key Segments Covered | Form, Ingredient Type, Application, Function |
| Key Companies Profiled | Glanbia plc; Prinova; Archer Daniels Midland Company; Cargill, Incorporated; General Mills; Watson Inc.; Austrade, Inc.; Farbest Brands; Danone; Bunge Limited; Fenchem Biotek Ltd.; Corbion N.V.; Jubilant Life Sciences; SternVitamin GmbH; LycoRed Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The regional market is expected to progress at 8.7% per year until 2033.
The overall market is projected to reach around USD 1,278 million by 2033.
The powdered form segment contributes nearly 74% of the total sales achieved.
Glanbia, Prinova, Archer Daniels Midland, and Cargill fulfil more than 50% demand.
The food premixes with vitamin ingredients sale higher in the United States.
| Market Size, 2024 | USD 18,943.20 million |
|---|---|
| Market Size, 2034 | USD 28,198.30 million |
| Value CAGR (2024 to 2034) | 4.1% |
| 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 Size (2024E) | USD 195.9 billion |
|---|---|
| Projected Market Value (2034F) | USD 391.1 billion |
| Value-based CAGR (2024 to 2034) | 9.2% |
| Expected Market value in 2023 | USD 21 Billion |
|---|---|
| Projected Market Value in 2033 | USD 68 Billion |
| CAGR (2023 to 2033) | 12.5% |
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