The Food Premix Market is poised to achieve a Compound Annual Growth Rate (CAGR) of 6.9% from 2023 to 2030, reaching an estimated value of $2.93 billion by 2030. Nutritional food premixes, characterized by precision blending and prescaled nutrient components, find applications in various sectors such as food and beverages, healthcare, and personal care. These premixes serve the purpose of enriching or fortifying products to enhance their nutritional value, addressing issues like inadequate eating habits, high caloric intake, and metabolic defects that contribute to micronutrient deficiencies affecting over two billion people globally.
Top 10 Companies in the Food Premix Market:
DSM (Dutch State Mines)
• Established in 1902 and headquartered in Heerlen, the Netherlands.
• Global presence with 13 manufacturing facilities, five innovation centers, and over 40 sales offices.
Glanbia plc
• Headquartered in Kilkenny, Ireland, formed in 1997 through a merger.
• Operates in more than 130 countries with major production facilities in Ireland, the U.S., the U.K., Germany, and China.
BASF SE
• Originating in 1865, BASF SE is based in Ludwigshafen, Germany.
• Geographical presence in Europe, North America, Asia-Pacific, South America, and the Middle East & Africa.
Corbion N.V.
• Founded in 1919 and headquartered in Amsterdam, the Netherlands.
• Operates through Bio-based Ingredients and Bio-based Innovations, with a global reach through 6 innovation centers, 10 production locations, and 16 sales offices.
Watson Foods Co. Inc.
• Established in 1939, headquartered in West Haven, the U.S.
• Offers customized nutrient premixes and operates several manufacturing facilities in the U.S.
SternVitamin
• Founded in 2006, headquartered at Ahrensburg, Germany.
• Engaged in developing and manufacturing micronutrient premixes, with a global presence.
Vitablend Netherland B.V.
• Founded in 2001, headquartered in Wolvega, the Netherlands.
• A part of Barentz Group, serving the global market with custom-made fortification and protection solutions.
Hellay Australia Pty. Ltd.
• Established in 1991, headquartered in Melbourne, Australia.
• Develops, manufactures, and distributes functional ingredients and specialty premixes.
Farbest-Tallman Foods Corporation
• Founded in 1955, headquartered in New Jersey, U.S.
• Offers specialty formulated vitamin and micronutrient premixes & blends, serving North America.
Jubilant Life Sciences
• Established in 1978, headquartered in Noida, India.
• Global presence with several manufacturing facilities in India, China, and the U.S., and sales offices in Belgium, China, and the U.S.
Popular Mention: Wright Enrichment Inc.
For a more detailed analysis of these companies, including recent financial performance, key products, company strategies, partnerships, acquisitions, and comprehensive market insights, refer to Meticulous Research®'s Global Opportunity Analysis and Industry Forecast report on the Food Premix Market for the years 202