According to the report by Expert Market Research (EMR), the India food fortification premix market is projected to grow at a CAGR of 20.6% between 2024 and 2032. Aided by the increasing demand for nutrient-rich food products and the rising awareness of health and wellness among the Indian population, the market is expected to grow significantly by 2032.
Food fortification premixes are blends of vitamins, minerals, and other nutrients used to enhance the nutritional content of food products. In India, these premixes are increasingly being incorporated into staples like flour, milk, and salt, as well as in various processed foods, to combat nutritional deficiencies prevalent in the population.
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The India food fortification premix market growth is significantly driven by the government’s initiatives to address micronutrient malnutrition. Policies and programs promoting the fortification of staple foods have been instrumental in increasing the adoption of food fortification premixes in the food processing industry. This governmental support is bolstered by collaborations with international organisations and private sectors aiming to improve the nutritional status of the Indian population.
Another factor contributing to the India food fortification premix market demand is the rising consumer awareness about the importance of a balanced diet and the role of fortified foods in maintaining overall health. This awareness is especially significant in urban areas, where changing lifestyles and dietary habits are leading to an increased demand for nutrient-enriched food products.
Technological advancements in the production of food fortification premixes have also played a vital role in the market’s growth. Innovations in premix formulations, ensuring stability and compatibility with various food matrices, are enhancing the efficacy of fortification. These advancements are crucial in a diverse market like India, where the food industry encompasses a wide range of products with different processing and storage requirements.
The India food fortification premix market outlook is influenced by the increasing investments by both domestic and international players in the food fortification sector. Companies are focusing on developing customised premix solutions tailored to the specific needs of the Indian market, considering regional dietary patterns and nutritional deficiencies.
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The market is poised for significant growth, driven by government initiatives, rising consumer awareness, technological advancements, and increasing investments in the sector. As the market evolves, it offers promising opportunities for stakeholders in the food processing and nutritional supplement industries. The market’s expansion is a positive step towards addressing the nutritional challenges in India, contributing to the overall health and well-being of the population.
India Food Fortification Premix Market Segmentation
The market can be divided based on type, form, and application.
Market Breakup by Type
- Vitamin Premix
- Mineral Premix
- Others
Market Breakup by Form
- Powder
- Liquid
Market Breakup by Application
- Sports Nutrition and Dietary Supplements
- Infant/Early Nutrition
- Processed Foods
- Beverages
- Food Staples
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India food fortification premix market. Some of the major players explored in the report by Expert Market Research are as follows:
- DSM Nutritional Product India Pvt Ltd.
- Piramal Enterprises Ltd.
- P D Navkar Biochem Pvt Ltd.
- Pristine Organics Pvt. Ltd
- Fuerst Day Lawson (India) Pvt Ltd.
- Manisha Pharmo-Plast Pvt Ltd.
- AQC Chem-Lab Pvt. Ltd.
- Hexagon Nutrition
- Global Calcium Pvt Ltd.
- Others
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