The global vitamin-mineral premix market is expected to grow at a CAGR of 5% in the forecast period from 2021 to 2027, reaching USD 11.4 billion by 2027. The increasing consumption of complex feeds by the population has a significant impact on the vitamin-mineral premix market. Forecast period from 2021-2027.
Growing demand for food concentrate products around the world is increasing the demand for the vitamin and mineral premix market. In addition, increasing consumption of compound feeds worldwide is expected to have a significant impact on the vitamin and mineral premix market. Moreover, the growing demand for functional and fortified foods in developed countries is expected to have a strong impact on the vitamin and mineral premix market. The growing consumer propensity for healthy food is expected to create unexplored opportunities for market participants.
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Global Vitamin and Mineral Premixes Market Segmentations
By Type
• Vitamins
• Minerals
• Vitamin and Mineral Blends
By Form
• Powder
• Liquid
By Application
Food & Beverage
• Bakery Products
• Beverages
• Dairy Products
• Others
Animal Feed
Healthcare
• Nutritional Products
• Dietary Supplements
• Personal Care Products
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