North America Customized Premix Market

North America Customized Premix Market Growth and Forecast (2023 - 2028):

North America Customized Premix Market was worth USD 542.56 million in 2022 and estimated to be growing at a CAGR of 4.3%, to reach USD 669.69 million by 2028. North America was the leading customized premixes market in 2018. The growth of this market is driven by the rise in demand for healthy foods and functional food.

Market Overview:

Customized premixes are dry or liquid custom mixtures of a wide array of nutritional ingredients. They deliver a food product’s nutritional content, increase economic value through improved nutritional value and they are added all-at once during the manufacturing process in order to maintain their nutritional value.

Drivers and Restraints:

The growing awareness regarding the health benefits of customized premixes, the ease of usage presented by them is stimulating the demand for these premixes considerably across the region. The market is driven by factors like increasing demand for functional & fortified foods, modified nature and specificity to single customer requirements, and suitability in usage as a single ingredient over multiple ingredients. High costs implicated in R&D, and higher costs of fortified and enhanced products are the major limitations for this market.

North America Customized Premix Market Segmentation Analysis:

North America 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.

Region Analysis:

Geographically the North America Customized Premix Market is segmented into US, Canada and Rest of North America. USA is the leading producer for customized premixes and highest market for this region followed by Canada.  

Key Players in the Market:

Major Key Players in the North America Customized Premix Market are

• Prinova Group LLC
• SternVitamin GmbH & Co. KG
• Koninklijke DSM N.V
• Jubilant Life Sciences
• Archer Daniels Midland Company
• Fenchem, Glanbia plc
• B&H Biotechnology Co. Ltd
• Barentz
• Farbest Brands
• Lycored
• Hexagon Nutrition Pvt. Ltd
• Archer Daniels Midland Company
• WATSON-INC