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Global Food Premix Market Will Likely Reach A Value Of US$ 2.73 Billion By The End Of 2032

Food Premix

A recently published report by Fact.MR reveals that the global food premix market is projected to grow at a modest CAGR of 5.6% during the forecast period (2022-2032), surpassing nearly US$ 2.73 Bn by 2032.

Mounting instances of appetite loss among the aging population has led them to spend more on fortified and functional food. The growing requirement for nutrition-rich food among health-conscious consumers has led manufacturers to incorporate health-benefiting ingredients such as vitamin premixes. Food manufacturers are utilizing various ingredients to enhance the appeal, flavor, and functionality of food products.

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Key Takeaways from the Market Study

“Increasing demand for nutritional supplements, owing to insufficient food intake, especially among children, is supplementing demand for food premixes, with increased emphasis on point-of-use food fortification with micronutrient powders,” says a Fact.MR analyst.

Key Segments Covered in Food Premix Market Study

Competitive Landscape

The competitive landscape of the food premix market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies. Some notable developments are as follows:

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