Vitamin and Mineral Premixes Market Worth $12.13 billion by 2029

https://www.meticulousresearch.com/pressrelease/596/vitamin-and-mineral-premixes-market-2029

According to this latest publication from Meticulous Research®, the vitamin & mineral premixes market is projected to reach $12.13 billion by 2029, at a CAGR of 4.8% from 2022–2029. The growth of this market is driven by the growing health and wellness trend; the rising demand for compound animal feed; the growing demand for vitamins and minerals for enrichment or fortification of food & beverages, animal feed, healthcare, and personal care products; and the increasing adoption of the dietary supplements. However, complex regulations related to the fortification of food and feed products and the high cost of vitamin and mineral-enriched products are expected to hinder the growth of this market to a certain extent. Moreover, growing consumer inclination towards healthy diets and the growing demand for feed application in developing countries are expected to offer significant growth opportunities for players operating in the vitamin & mineral premixes market.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top