Infant Nutritional Premix Market - Forecast(2022 - 2027)
Infant Nutritional Premix Market size is estimated to reach $290.3 million by 2026, growing at a CAGR of 6.1% during the forecast period 2021-2026. Infant nutritional premix is a blend of essential amino acids, vitamins, minerals, nucleotides, and other functional ingredients used in infant products to enhance the overall nutritional value. Infant nutritional premixes are increasingly being adopted across the world owing to the growing awareness about the benefits of infant nutritional premixes made with vitamins, organic ingredients, probiotics, and amino acids. The rise in the recommendation of nutritional premixes made with nucleotides to build the immune system of infants, increase in the demand for infant nutritional premixes made with purified protein, rise in innovations in infant nutritional premixes, and the growing investment by the key players to develop high-quality infant nutritional premixes are the factors that are set to drive the growth of the Infant Nutritional Premix Market for the period 2021-2026.
Report Coverage
Key Takeaways
- Geographically, the North America Infant Nutritional Premix Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the adoption of infant nutritional premixes made with nucleotides.
- The increase in the demand for infant nutritional premixes made with organic ingredients in supermarkets is driving the Supermarkets/Hypermarkets segment. However, the high cost of infant nutritional premixes is one of the major factors that is said to reduce the growth of the Infant Nutritional Premix Market.
- Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Infant Nutritional Premix Market report.
High Cost of Infant Nutritional Premixes.
Infant Nutritional Premix Market Competitive Landscape:
Partnerships/Product Launches:
- In June 2021, DSM has expanded its production facilities by opening a new manufacturing facility in Poland to specialize in infant nutrition premix and to reduce the environmental footprint of the production by utilizing renewable energy.
- In June 2020, Prinova has launched silicon dioxide-free mineral, vitamin, and amino acid infant nutrition premixes to meet the growing demand for silicon dioxide-free nutritional premixes across the world.
- In July 2019, Redox has entered into a partnership with JKP Nutrition for supplying custom mineral and vitamin infant nutritional premixes to New Zealand and Australian markets and to focus on providing high quality and health-promoting ingredients.
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