Vitamin & Mineral Premixes Market is forecast to reach revenue of $12.02 Billion by 2025, growing at a CAGR of 5.2% during the forecast period 2020-2025. Vitamin and Mineral Premixes are intended to provide essential nutritional needs which contains a mix of vitamins, trace elements, minerals, and other nutritional additives. The demand for fortified food and beverages is increasing from the middle-class working population because of growing health consciousness. This has encouraged manufacturers to increasingly use vitamin and mineral premixes to make healthy and fortified products that are low in calories and cholesterol.

Key Takeaways
In 2019, North America dominates the Vitamin & Mineral Premixes Market owing to an increase in the consumption of fortified food products. The Vitamin & Mineral Premixes Market scope for different regions will be provided in the final report.
Increasing demand for dairy products, rapid urbanization, growth in the global cattle feed market are the important drivers for Vitamin & Mineral Premixes Market.
Increasing demand for fortified & functional food products, growing need for food enrichment due to high processing levels of food products, and growth in compound feed consumption have led to an increased demand for vitamin & mineral premixes.
Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Vitamin & Mineral Premixes Market report.

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By Geography – Segment Analysis
 
Based on the geography the Vitamin & Mineral Premixes Market is covered globally viz North America, South America, Europe, Asia Pacific (APAC) and Rest of World (ROW). Market in North America accounts for major share of 40% in terms of revenue in 2019 and is projected to maintain its position over the forecast period 2020-2025. The demand for healthy foods and functional foods & beverages has increased.


Market Drivers - Vitamin & Mineral Premixes Market
Increasing demand for Dairy Products
Growth in Global Cattle Feed Market


Vitamin & Mineral Industry Outlook
Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Vitamin & Mineral Premixes Market. In 2019, Vitamin & Mineral Premixes Market share is consolidated by the top ten players present in the market. Vitamin & Mineral Premixes Market Top 10 companies include Koninklijke DSM NV, Corbion NV, Glanbia PLC, Wright Enrichment Inc., Vitablend Nederland BV, Nutreco NV, SternVitamin GmbH & Co. KG, Watson Inc., Chemische Fabrik Budenheim KG, and Farbest Brands among others.

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