Demand for food fortification is on a significant rise, driven high prevalence rate of micronutrient deficiency diseases among the population worldwide, which in turn has propelled the cases of malnutrition. Food products such as sugar, flour, maize, vegetable oils, and wheat are generally fortified with minerals and vitamins for ensuring better health, which in turn has been driving demand for food premix over the past few years.
The report takes a cognitive approach to decode the business strategies of each of the leading players. Besides, the report also gauges the impact of recent market developments on the growth trajectory of the global Food Premix market. The insights presented in the report are written after taking due cognizance of the various trends that currently exist in the industry.
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The declaration of the coronavirus disease as a global health emergency, and successively a pandemic, created formidable challenges for the vendors within the global Food Premix market. The COVID-19 crisis caused a global economic downturn, aggravated by industrial shutdowns and supply chain disruptions. The vendors operating in the global Food Premix market are expected to make relentless efforts to minimize the damage caused by the pandemic over the coming years. Companies that deployed strategies of business continuity management and damage control were able to weather the storm. Therefore, the COVID-19 pandemic has been a subjective crisis for various industries and players.
The report covers the following key regions:
- North America
- Latin America
Based on Form Type, the Food Premix market can be segmented into the following categories:
On the basis of Ingredients Type, the global Food Premix market can be categorised into:
- Amino Acids
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On the basis of Function Type, the global Food Premix market can be categorised into:
- Bone Health
- Heart Health
- Weight Management
- Vision Health
- Brain Health & Memory
- Other Function Types
On the basis of Application, the global Food Premix market can be categorised into:
- Early Life Nutrition/Baby Food
- Food & Beverages
- Dietary Supplements
- Pharma OTC
- Nutritional Improvement Program
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Through the latest research report on the Food Premix market, the readers get insights on:
- Drivers, opportunities, restraints, and trends show the impact on the development of the global Food Premix market.
- Reliable data on important regions and potential growth opportunities for vendors operating Food Premix market in those regions.
- Important insights on consumption, production, history, and forecast on potential avenues in the global Food Premix market.
Food Premix Market: Key Players
Some key manufacturers functioning in business in Food Premix market includes
- Glanbia plc
- Koninklijke DSM N.V.
- BASF SE
- Fenchem Biotek Ltd.
- Lycored Ltd.
- Prinova Group LLC.
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