Middle East and Africa Customized Premix Market was worth USD 157.06 million in 2021 and estimated to be growing at a CAGR of 4.65%, to reach USD 197.18 million by 2026.
These customized mixtures are used in several applications involving food, beverages, dairy products, dietary supplements and so on. Vitamin premixes are widely used in the food industry in comparison to other premixes mostly due to their varied application base and accessibility of different vitamin preparations.
Increasing incomes, buying power, and consumer demand for nutritional & healthy foodstuffs deliver promising prospects for the growth and expansion in the region's food sector. Consumers in the region endure to drive the market for fortified functional foods and beverages to sustain their overall health and well-being, numerous opportunities exist for producers. High Cost associated with the manufacture of these premixes is hampering the growth of the market.
Middle-East and Africa market for Customized Premix is segmented by nutrient into Vitamins, Minerals, Amino Acids, Nutraceuticals and Nucleotides. On the basis of form the market is divided into Powder and Liquid. Based on application customized premix market is bifurcated among Beverages, Dairy Products, Cereals, Bakery & Confectionery, Nutritional Products and Dietary Supplements. By functionality the market is segregated into Bone Health, Skin Health, Energy, Immunity and Digestion. The vitamins segment is having the highest market value and is expected to continue to register a considerably high CAGR over the forecast period. Food & beverages segment is projected to continue its dominance over the market in terms of application.
Geographically the Middle East and Africa Customized Premix Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. Africa is leading country for customized premix market while Middle-East is estimated to grow at high CAGR in coming years.
Key Players in the Market:
Major Key Players in the MEA Customized Premix Market are
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Nutrient
5.1.1 Vitamins
5.1.2 Minerals
5.1.3 Amino Acids
5.1.4 Nutraceuticals
5.1.5 Nucleotides
5.2 By Form
5.2.1 Powder
5.2.2 Liquid
5.3 By Application
5.3.1 Beverages
5.3.2 Dairy Products
5.3.3 Cereals
5.3.4 Bakery & Confectionery
5.3.5 Nutritional Products
5.3.6 Dietary Supplements
5.4 By Functionality
5.4.1 Bone Health
5.4.2 Skin Health
5.4.3 Energy
5.4.4 Immunity
5.4.5 Digestion
6. Geographical Analysis
6.1 Introduction
6.2 Middle-East
6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Prinova Group LLC.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 SternVitamin GmbH & Co. KG
8.3 Koninklijke DSM N.V.
8.4 Jubilant Life Sciences
8.5 Archer Daniels Midland Company
8.6 Fenchem, Glanbia plc.
8.7 B&H Biotechnology Co. Ltd.
8.8 Barentz
8.9 Farbest Brands
8.10 Lycored
8.11 Hexagon Nutrition Pvt. Ltd.
8.12 Archer Daniels Midland Company
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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