Home > Food & Beverages > Nutraceuticals > Plant Based Premix Market

Plant Based Premix Market Share

Report ID: GMI11599
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Plant Based Premix Market Share

The competitive landscape for the plant-based premixes industry features key players such as Glanbia plc, Evonik, Roquette, Martin Bauer, and FENCHEM, each leveraging unique strengths to capture market share. Glanbia plc focuses on innovative nutritional solutions, emphasizing the health benefits of its plant-based products, while Evonik utilizes its expertise in amino acid production to create tailored premixes. Roquette stands out with its extensive portfolio of plant-derived ingredients, catering to diverse applications in food and nutrition.

Martin Bauer combines traditional herbal knowledge with modern processing techniques, offering specialized premixes for functional foods and beverages. Meanwhile, FENCHEM prioritizes sustainable sourcing and eco-friendly practices, appealing to environmentally conscious consumers. Together, these companies drive innovation and competition in the market, continuously developing new formulations to meet the evolving demands of health-focused and sustainability-minded consumers, ultimately shaping the future of the plant-based premixes industry.

Plant Based Premix Market Companies

Top companies operating in the plant based premix industry include:

Glanbia plc
Evonik
Roquette
Martin Bauer
FENCHEM
SternVitamin GmbH & Co. KG
Global Calcium Pvt. Ltd.
Prinova Group LLC
Piramal Enterprises Ltd

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of plant-based premix reached USD 329.3 million in 2023 and is projected to grow at a CAGR of 8.1% from 2024 to 2032, driven by rising consumer demand for healthier, sustainable food options.

The protein premixes segment is projected to surpass USD 297.8 million by 2032, with an 8.1% CAGR, fueled by increasing consumer demand for high-protein diets and the rising popularity of fitness and wellness trends.

The plant-based premixes market from food and beverages application is expected to reach USD 232.5 million by 2032, with 8.1% CAGR, led by increasing consumer demand for healthier, sustainable options.

The North America market is projected to grow at a 8.3% CAGR, reaching USD 237.7 million by 2032, owing to its established consumer base prioritizing health and sustainability.