Nutritional Premixes Market Size, Share, Growth Analysis, By Type(Vitamin Premixes, Mineral Premixes, Amino Acid Premixes, Fiber Premixes), By Form(Powder, Liquid), By Application(Animal Feed, Nutrition, Health Supplements, Food), By Region - Industry Forecast 2024-2031

North America dominated the Global Nutritional Premixes Market in 2021. The main driver of the regional market growth is the high demand for micronutrient-enriched food products due to the prevalence of chronic disorders including diabetes, cancer, and osteoporosis. Another significant aspect driving the industrial expansion in the area is the presence of important premixes producers. The demand for nutritional premixes in the dietary supplement application is projected to be driven by the increased consumption of nutritional supplements among the ageing population in North America. The need for new and innovative functional items has greatly increased due to the nation's ageing population, which is expected to have a beneficial impact on the market growth in North America.

Asia Pacific nutritional premixes market is expected to grow the fastest during the forecast period. This can be attributed to increasing consumption of nutritional supplements and nutritious foods, along with increased per capita disposable income and improving health awareness. The demand for fortified staple food products grew quickly in this region, notably in Southeast Asian countries. Additionally, reasons including the expanding market for complex animal feed, growing consumer demand for fortified foods, and increased investments from significant companies in the market is expected to boost the premix market in this region.