(Entertainment-NewsWire.com, April 18, 2017 ) According to the report Latin America Customized Premix Market published by Market Data Forecast, the Latin America market is projected to reach USD 220.67 Million by 2021, at a CAGR of 5.48 % from 2016 to 2021.
Usually, premixes are supposed to contain only vitamins and minerals. Manufacturers are now formulating premixes to contain functional ingredients such as proteins, amino acids, fibers, gums and botanicals. Formulation of the products is done so that maximum benefits can be derived from combining multiple ingredients into a single blend.
Growth is mainly driven by the increasing purchasing power of households. Growing disposable incomes and consumer acceptance of health and wellness trends are among the factors pushing the market growth. Certain aspects such as need to transform packaging design to appeal consumers and distinguish their products from other products in the saturated product class have become essential for a brands long term attainment.
By Functionality: Bone Health Skin Health Energy Immunity Digestion
Prinova Group LLC., SternVitamin GmbH & Co. KG, Koninklijke DSM N.V., Jubilant Life Sciences, Archer Daniels Midland Company, Fenchem, Glanbia plc., B&H Biotechnology Co. Ltd., Barentz, Farbest Brands, Lycored, Hexagon Nutrition Pvt. Ltd., Archer Daniels Midland Company and WATSON-INC are some of the key players in the Latin America market for customized premixes.
The Latin America Customized Premix Market study offers the following deliverables: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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