Customized Premixes market COVID-19 Impact, Trends & Business Statistics By 2027Posted by Mrudula Anil Karmarkar on March 4th, 2022 The global customized premixes market size is expected to reach USD 2.28 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2020 to 2027. The market growth is primarily attributed to growing consumer inclination towards consuming nutritious products to overcome the existing health issues or ward off illness and maintain a healthy lifestyle. Fortified foods possess medical properties that provide healing benefits apart from energy and essential nutrients. Additionally, various awareness campaigns run by government agencies, non-governmental organizations, and key market players have boosted consumer understanding pertaining to the nutritional benefits of the customized premixes, which, in turn, is projected to fuel the market growth. For instance, in November 2020, Koninklijke DSM N.V. launched a campaign in Chennai to increase awareness among the consumers about health issues caused by iron deficiency and promote the consumption of fortified foods. Vitamins and minerals are the most widely consumed premixes globally as these nutrients are essential to maintain a healthy lifestyle. Vitamins such as vitamin A, C, and D as well as minerals such as potassium, calcium, selenium, and manganese are used in various applications, including food and beverages, dietary supplements, and nutrition products, due to their superior benefits, such as improved bone health, skin health, immune system, and energy metabolism. The popularity of products positioned around improved functioning of the immune system and physical and mental well-being is rising worldwide. The demand for immunity boosting products increased at a significant rate amid the COVID-19 pandemic. Additionally, a growing emphasis on weight management is likely to fuel the demand for customized premixes. Growing demand for vitamin and mineral-enriched foods and rising health consciousness among consumers are expected to fuel the industry growth. Customized premixes are defined as dry or liquid custom blends of a wide array of nutrients, such as vitamins, minerals, amino acids, nutraceuticals, fibers, and nucleotides. The demand for customized premixes has increased at a significant rate on account of the rising consumption of fortified beverages, particularly sports drinks and energy drinks, among sports enthusiasts and athletes across the globe.Consumers in the U.S. are extremely health-conscious, and thus the demand for functional beverages enriched with various nutrients, such as vitamins, minerals, amino acids, and nucleotide, is high among them. Energy and sports drinks are the most popular type of functional beverages consumed in the country. To Request Sample Copy of this report, click the link: https://www.grandviewresearch.com/industry-analysis/customized-premixes-market/request/rs1 Customized Premixes Market Report Highlights
List of Key Players of Customized Premixes Market
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