DUBLIN--(BUSINESS WIRE)--The "Vitamin & Mineral Premixes Market by Type (Vitamins, Minerals, Vitamin & Mineral Combinations), Application (Food & Beverages, Feed, Healthcare, and Personal Care), Form (Powder and Liquid), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The vitamin & mineral premixes market is estimated at USD 6.93 Billion in 2017 and is projected to reach USD 8.93 Billion by 2022, at a CAGR of 5.2% from 2017.
The growth of this market is attributed to the growing demand for fortified food & beverage products, the rise in consumption of compound feed, the growing need for food enrichment due to high processing levels of food products, and customized nature & specificity to individual customer requirements. High costs of fortified and enriched products, strict regulatory policies for feed fortification, and involvement of high costs for R&D activities are some of the restraining factors affecting the growth of this market.
In 2017, the feed segment accounted for the largest share of the vitamin & mineral premixes market, in terms of value. Insufficient nutrition is a major cause of low live-weight gains, infertility, low milk yields, and other health issues in animals. Premixing ensures the right blend of all micro-ingredients-in the right proportion, purity, form, distribution, and potency-required in the complete animal feed. Increase in consumer awareness regarding required pet nutrition has led to the demand for specialty nutrition and condition-specific pet health formulas such as vitamin & minerals premixes for feed applications.
The leading players in the vitamin & mineral premixes market are DSM (Netherlands), Corbion (Netherlands), Glanbia (Ireland), Vitablend Nederland (Netherlands), Watson (US), SternVitamin (Germany), The Wright Group (US), Zagro Asia (Singapore), Nutreco (Netherlands), Farbest-Tallman Foods Corporation (US), Burkmann Industries (US), and Bar-Magen (Israel).
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Vitamin & Mineral Premixes Market, by Type
7 Vitamin & Mineral Premixes Market, by Application
8 Vitamin & Mineral Premixes Market, by Form
9 Vitamin & Mineral Premixes Market, by Functionality
10 Vitamin & Mineral Premixes Market, by Brand
11 Vitamin & Mineral Premixes Market, by Region
12 Competitive Landscape
13 Company Profiles
- Bar-Magen Ltd.
- Burkmann Industries, Inc.
- Farbest-Tallman Foods Corporation
- The Wright Group
- Vitablend Nederland
- Watson Inc.
- Zagro Asia Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/q73rxc/8_93_billion?w=4