The Latin America, Middle East and Africa Vitamin & Mineral Premixes Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).
The future of vitamin & mineral premixes and food fortification in general is exciting and dynamic. The demand for functional foods and beverages continues to grow, with the nations such as Brazil, Russia, India and China offering major growth opportunities. Consumers are constantly dealing with overindulgences that contribute to specific health problems such as obesity, high cholesterol and high blood pressure. This means there’s a wealth of opportunity for manufacturers to create multiple-nutrient products that address these problems.
Vitamin premixes include two major types of vitamins such as water-soluble vitamins (B1, B2, B3, B6, B12, and C) and fat-soluble vitamins (A, D, E, and K). For instance, dairy products are fortified with Vitamin D to enhance calcium absorption and metabolism. In addition, mineral ready-mixes are also available in the market, consisting of iron, phosphorus, magnesium, and others in dry blended form.
For instance, infant milk formulas are fortified with iron as it results in the augmentation of iron stores, which further helps to prevent iron deficiency. The products to be used should be incorporated in the right quantity, further achieving the desired quality of the final product. The ready-mix market has attained large popularity due to its proven health benefits across the globe.
The government of the United Arab Emirates started the growth of the hospitality industry a few decades ago by building a number of modern and opulent hotel complexes. Today, the nation can take pride in having one of the best hospitality industries in the entire world. As the hospitality sector is rising as a result of the demand for premium food options. With the expanding hospitality sector, the demand for cuisines containing multi-nutrition are gaining attraction, especially from the health-conscious tourists. All this has resulted in market growth for vitamin & mineral premixes in LAMEA region.
The Brazil market dominated the LAMEA Vitamin & Mineral Premixes Market by Country in 2021; thereby, achieving a market value of $209.3 Million by 2028. The Argentina market is showcasing a CAGR of 9.3% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 8.4% during (2022 - 2028).
Based on Type, the market is segmented into Vitamin, Vitamin & Mineral Combination and Mineral. Based on Form, the market is segmented into Dry and Liquid. Based on Application, the market is segmented into Feed, Healthcare, Food & Beverages and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Vitamin & Mineral Premixes Market is Projected to reach USD 10.4 Billion by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Glanbia PLC, Archer-Daniels-Midland Company, Koninklijke DSM N.V., Corbion N.V., Nutreco N.V. (SHV Holdings N.V.), SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), Vitablend Nederland B.V., Wright Enrichment, Inc. and Farbest Brands
Scope of the Study
Market Segments Covered in the Report:
By Type
- Vitamin
- Vitamin & Mineral Combination
- Mineral
By Form
By Application
- Feed
- Healthcare
- Food & Beverages
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Glanbia PLC
- Archer-Daniels-Midland Company
- Koninklijke DSM N.V.
- Corbion N.V.
- Nutreco N.V. (SHV Holdings N.V.)
- SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
- Vitablend Nederland B.V.
- Wright Enrichment, Inc.
- Farbest Brands
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vitamin & Mineral Premixes Market, by Type
1.4.2 LAMEA Vitamin & Mineral Premixes Market, by Form
1.4.3 LAMEA Vitamin & Mineral Premixes Market, by Application
1.4.4 LAMEA Vitamin & Mineral Premixes Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA Vitamin & Mineral Premixes Market by Type
4.1 LAMEA Vitamin Market by Country
4.2 LAMEA Vitamin & Mineral Combination Market by Country
4.3 LAMEA Mineral Market by Country
Chapter 5. LAMEA Vitamin & Mineral Premixes Market by Form
5.1 LAMEA Dry Market by Country
5.2 LAMEA Liquid Market by Country
Chapter 6. LAMEA Vitamin & Mineral Premixes Market by Application
6.1 LAMEA Feed Market by Country
6.2 LAMEA Healthcare Market by Country
6.3 LAMEA Food & Beverages Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Vitamin & Mineral Premixes Market by Country
7.1 Brazil Vitamin & Mineral Premixes Market
7.1.1 Brazil Vitamin & Mineral Premixes Market by Type
7.1.2 Brazil Vitamin & Mineral Premixes Market by Form
7.1.3 Brazil Vitamin & Mineral Premixes Market by Application
7.2 Argentina Vitamin & Mineral Premixes Market
7.2.1 Argentina Vitamin & Mineral Premixes Market by Type
7.2.2 Argentina Vitamin & Mineral Premixes Market by Form
7.2.3 Argentina Vitamin & Mineral Premixes Market by Application
7.3 UAE Vitamin & Mineral Premixes Market
7.3.1 UAE Vitamin & Mineral Premixes Market by Type
7.3.2 UAE Vitamin & Mineral Premixes Market by Form
7.3.3 UAE Vitamin & Mineral Premixes Market by Application
7.4 Saudi Arabia Vitamin & Mineral Premixes Market
7.4.1 Saudi Arabia Vitamin & Mineral Premixes Market by Type
7.4.2 Saudi Arabia Vitamin & Mineral Premixes Market by Form
7.4.3 Saudi Arabia Vitamin & Mineral Premixes Market by Application
7.5 South Africa Vitamin & Mineral Premixes Market
7.5.1 South Africa Vitamin & Mineral Premixes Market by Type
7.5.2 South Africa Vitamin & Mineral Premixes Market by Form
7.5.3 South Africa Vitamin & Mineral Premixes Market by Application
7.6 Nigeria Vitamin & Mineral Premixes Market
7.6.1 Nigeria Vitamin & Mineral Premixes Market by Type
7.6.2 Nigeria Vitamin & Mineral Premixes Market by Form
7.6.3 Nigeria Vitamin & Mineral Premixes Market by Application
7.7 Rest of LAMEA Vitamin & Mineral Premixes Market
7.7.1 Rest of LAMEA Vitamin & Mineral Premixes Market by Type
7.7.2 Rest of LAMEA Vitamin & Mineral Premixes Market by Form
7.7.3 Rest of LAMEA Vitamin & Mineral Premixes Market by Application
Chapter 8. Company Profiles
8.1 BASF SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 Glanbia PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 Archer-Daniels-Midland Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Geographical Expansions
8.4 Koninklijke DSM N.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Geographical Expansions:
8.5 Corbion N.V.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Geographical Expansions:
8.6 Nutreco N.V. (SHV Holdings N.V.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Recent strategies and developments:
8.6.3.1 Partnerships, Collaborations, and Agreements:
8.6.3.2 Acquisition and Mergers:
8.7 SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Vitablend Nederland B.V.
8.8.1 Company Overview
8.9 Wright Enrichment, Inc.
8.9.1 Company Overview
8.10. Farbest Brands
8.10.1 Company Overview
TABLE 1 LAMEA Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Vitamin & Mineral Premixes Market
TABLE 4 Product Launches And Product Expansions– Vitamin & Mineral Premixes Market
TABLE 5 Acquisition and Mergers– Vitamin & Mineral Premixes Market
TABLE 6 Geographical Expansions - Vitamin & Mineral Premixes Market
TABLE 7 LAMEA Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Vitamin Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Vitamin Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Vitamin & Mineral Combination Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Vitamin & Mineral Combination Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Mineral Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Mineral Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 16 LAMEA Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 17 LAMEA Dry Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Dry Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Liquid Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Liquid Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 22 LAMEA Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 23 LAMEA Feed Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Feed Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Vitamin & Mineral Premixes Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Vitamin & Mineral Premixes Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 34 Brazil Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 35 Brazil Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 38 Brazil Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 39 Brazil Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 41 Argentina Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 42 Argentina Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 43 Argentina Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 46 Argentina Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 47 Argentina Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 48 Argentina Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 49 UAE Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 50 UAE Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 51 UAE Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 54 UAE Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 55 UAE Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 65 South Africa Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 66 South Africa Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 67 South Africa Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 70 South Africa Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 71 South Africa Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 73 Nigeria Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 78 Nigeria Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 79 Nigeria Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 80 Nigeria Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Vitamin & Mineral Premixes Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Vitamin & Mineral Premixes Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Vitamin & Mineral Premixes Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Vitamin & Mineral Premixes Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Vitamin & Mineral Premixes Market by Form, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Vitamin & Mineral Premixes Market by Form, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Vitamin & Mineral Premixes Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Vitamin & Mineral Premixes Market by Application, 2022 - 2028, USD Million
TABLE 89 Key Information – BASF SE
TABLE 90 Key Information – Glanbia PLC
TABLE 91 key Information – Archer Daniels Midland Company
TABLE 92 Key Information – Koninklijke DSM N.V.
TABLE 93 Key Information – Corbion N.V.
TABLE 94 Key Information – Nutreco N.V.
TABLE 95 Key Information – SternVitamin GmbH & Co. KG
TABLE 96 Key Information – Vitablend Nederland B.V.
TABLE 97 Key Information – Wright Enrichment, Inc.
TABLE 98 Key Information – Farbest Brands
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Glanbia PLC
FIG 5 Recent strategies and developments: Archer-Daniels-Midland Company
FIG 6 Recent strategies and developments: Koninklijke DSM N.V.
FIG 7 Recent strategies and developments: Corbion N.V.