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Customized Premixes Market by Type, Form, Application - Global Forecast to 2022

Customized Premixes Market: Global Forecast until 2022

  • October 2016
  • 145 pages
  • ID: 4226787
In this report:
According to the World Health Organization (WHO), around ##% of the global deaths, that is, ##.## million people died from cardiovascular diseases in 2012.
With the desire to achieve a greater performance level among these target consumers, the demand for food & beverage products enriched with nutrients, and that provide an instant source of energy has experienced a significant double-digit annual growth rate, over the last five years, (##% for energy drinks and around ##% for nutritional bars, according to Food Navigator).

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"Customized premixes market forecasted to grow at a compound annual growth rate (CAGR) of ~5.5 percent"

The customized premixes market is estimated to grow $1691.20M by 2022 at a Compound annual growth rate of ~5.5 percent from 2016. The sector is influenced by Elements such as increasing demand for functional & fortified foods, customized nature and specificity to individual customer requirements, and convenience in usage as a single ingredient over multiple ingredients. The huge growth potential in emerging industries and untapped areas offers new opportunities for market actors. High costs engaged in Research and development, and higher costs of fortified and enriched products are the main constraints for this sector.

"The vitamins segment anticipated to be the most important and quickest increasing in the customized premixes market by 2022"

The vitamins segment recorded for the biggest market share and is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period. The high increase of industrial consumption of vitamins is driving this industry which can be largely attributed to their deficiency in everyday diets of consumers and also to the fact that they cannot be synthesized by the human body. It is followed by minerals, which is expected to remain the second-largest market by 2022.

"Beverage segment led the industry with the biggest market share in 2015"

The beverage segment recorded for the biggest share of the customized premixes market, by application, in 2015. The high rise of industrial consumption of vitamins is driving this sector which can be largely attributed to their deficiency in everyday diets of consumers and also due to the fact that they cannot be synthesized by the human body.

"The powder form is forecasted to be the most important and quickest-rising segment by 2022"

Customized nutrient premixes are widely used in the powdered form, as they are largely considered to be more stable in the powdered form than in the liquid form. Futhermore, convenient packaging reduces complexities in the supply chain processes, resulting in increased popularity of this form. Powdered premixes are largely across an extensive range of food applications, containing low-fat milk powders, health drink powders, soup mixes, and desert mixes. Accordingly, the powder form is the dominant and quickest-increasing segment in the customized premixes market.

"North America (NA) led the sector with the biggest share in 2015"

North America continent was the most important customized premixes market in 2015. The rise in this industry is influenced by the growth in demand for health foods and functional food due to the low level of exposure to essential nutrients caused by high consumption of processed foods due to their busy lifestyles, and increasing consumer awareness about the health benefits of fortified food products in the territory.

The breakdown of the primaries on the basis of company, description, and area, conducted during the business research study, is like:

- By Company category: Tier 1 - 40.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 25.0 percent

- By Designation: C Level - 30.0 percent, Director Level - 38.0 percent, and Others - 32.0 percent

- By area: North america (NA) - 42.0 percent, Europe - 26.0 percent, Asia-Pacific - 17.0 percent, and rest of the world - 15.0 percent

The above-mentioned firms have collectively accounted for the biggest portion of the customized premixes market in 2015. Other actors also have a strong presence in this sector.

The top players in the customized premixes market approved development as their main increase strategy to rise their share of market and profits. Business developments recorded for the more important percentage of the total developments, succeeded by acquisitions.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses-supply chain review and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the overall customized premixes market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on customized premixes provided by the top actors in the overall market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the customized premixes market

- Industry development: Highlighted information about lucrative emerging markets-the report examines the industries for customized premixes across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall customized premixes market

Opposing assessment: Detailed assessment of strategies, products, and manufacturing competences of the key players in the customized premixes market

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ref:plp2016

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