Press Release

Saudi Arabia Vitamin & Mineral Premixes Market to grow with a CAGR of 5.34% through 2029

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Saudi Arabia Vitamin & Mineral Premixes Market.

 

According to TechSci Research report, “Saudi Arabia Vitamin & Mineral Premixes Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2019-2029”, Saudi Arabia Vitamin & Mineral Premixes Market was valued at USD 0.12 billion in 2023 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 5.34% through 2029. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market. An increased focus on fitness and wellness plays a significant role in driving the demand for Vitamin & Mineral Premixes. Individuals engaged in fitness and wellness activities have specific nutritional needs. They often require additional vitamins and minerals to support their active lifestyles, promote muscle recovery, and sustain energy levels. Vitamin and mineral premixes provide a convenient way to ensure they receive the necessary nutrients. After intense workouts, the body needs specific nutrients, including vitamins and minerals, to aid in muscle recovery and repair. Athletes and fitness enthusiasts turn to supplements to expedite the recovery process, making vitamin and mineral premixes popular in this segment. Vitamins and minerals, such as B-vitamins and iron, are essential for energy production and endurance. Fitness enthusiasts seek products that can enhance their energy levels and overall performance, making premixes an attractive option. Maintaining a strong immune system is crucial for individuals involved in fitness activities. Vitamin and mineral premixes often include ingredients that support immune health, which is especially important for those with rigorous training routines. Fitness routines can lead to wear and tear on the body. Nutrients in vitamin and mineral premixes help with tissue repair, muscle growth, and overall recovery post-exercise.

 

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In October 2017, The Saudi Food and Drugs Authority (SFDA) has initiated a strategic plan for promoting healthy food within the nation. This plan entails establishing specific permissible limits for sugar, salt, and saturated fat content in processed food. The strategy focuses on critical elements that scientific research has demonstrated to have a substantial impact on public health. The measures will encompass the reduction of sugar and salt in food products, the inclusion of sugar content information on nutritional labels, a decrease in the use of hydrogenated fats in the food industry, the enrichment of food items with essential vitamins and minerals, and the requirement for restaurants and cafes to disclose the calorie content of their meals and beverages. Sustainability concerns present challenges in the Saudi Arabia Vitamin & Mineral Premixes Market, as they do in many sectors. Ensuring that the ingredients used in vitamin and mineral premixes are sourced sustainably is a growing concern. This includes responsibly sourcing vitamins and minerals and considering the environmental and social impacts of the supply chain. Minimizing waste in the production process, packaging, and distribution of premixes is a key sustainability goal. Reducing packaging waste and optimizing production processes can be challenging yet necessary. Using environmentally friendly packaging materials and reducing the use of single-use plastics is a sustainability challenge. Finding alternatives to traditional packaging while maintaining product integrity is important. Reducing energy consumption and implementing energy-efficient practices in manufacturing and distribution processes is important for sustainability. This may require investments in new technologies and infrastructure. Companies may face pressure to reduce their carbon footprint through various means, such as optimizing transportation and logistics, using renewable energy sources, and minimizing emissions.

Saudi Arabia Vitamin & Mineral Premixes Market is segmented based on Type, Application, Form, Functionality, and by Region.

Based on the Functionality, Saudi Arabia Vitamin & Mineral Premixes Market is segmented into Bone Health, Immunity, Energy, Skin Health, and Others. Skin health is an important aspect of the Saudi Arabia Vitamin & Mineral Premixes Market, as well as the broader dietary supplements and cosmetics industries. Vitamin and mineral premixes can play a significant role in supporting and promoting skin health. The cosmetic and beauty industry in Saudi Arabia is growing, with a strong emphasis on skincare. Vitamin and mineral premixes are often used in cosmetic formulations, such as skin creams, serums, and lotions, to provide essential nutrients that promote healthy and radiant skin. These premixes may contain vitamins like vitamin C and vitamin E, as well as minerals like zinc, which are known for their skin benefits. Saudi Arabia has a substantial demand for anti-aging products. Many vitamins and minerals are believed to have anti-aging properties, and their inclusion in skincare products can help address concerns such as fine lines, wrinkles, and skin firmness. For instance, vitamins A, C, and E, as well as minerals like selenium and copper, are often used in anti-aging formulations.

Based on Region, Northern & Central region held the largest share in the Saudi Arabia Vitamin & Mineral Premixes Market. These regions host a substantial number of healthcare facilities, research institutions, and educational centers. The medical and research communities often advocate for the use of vitamin and mineral premixes to address specific health concerns and nutritional deficiencies. The well-established distribution and supply chain networks in these regions make it easier for manufacturers to reach a wider audience with their vitamin and mineral premix products. Government and regulatory support for fortification and nutrition initiatives can further encourage the use of vitamin and mineral premixes in food products, and these initiatives are often more prevalent in the more densely populated and economically active regions. Consumer awareness about the benefits of fortified foods and dietary supplements is higher in these regions due to more extensive marketing and educational efforts by companies and health organizations.

 

Some of the major companies operating in the Saudi Arabia Vitamin & Mineral Premixes Market include:

  • Nutreco NV (Saudi Arabia)
  • Corbion (Saudi Arabia)
  • Watson Inc. (Saudi Arabai)
  • Farbest-Tallman Foods Corporation (Saudi Arabia)
  • Bar-Magen Ltd. (Saudi Arabia)

 

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The Saudi Arabia Vitamin & Mineral Premixes Market is experiencing steady growth, driven by rising health consciousness and demand for fortified food products. As a pivotal hub in the Middle East, Saudi Arabia's market reflects a shift towards preventive healthcare, propelling the use of premixes in various industries like food and beverages, healthcare, and cosmetics. With a focus on combating malnutrition and lifestyle-related diseases, the market witnesses increased adoption of custom nutrient blends in food processing. Key players are innovating with tailored formulations to meet diverse consumer needs, promoting overall wellness. This dynamic landscape indicates a promising trajectory for the Saudi Arabia Vitamin & Mineral Premixes Market, poised for continued expansion.," said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.


Saudi Arabia Vitamin & Mineral Premixes Market by Type (Vitamins, Minerals and Vitamin & Mineral Combinations), By Application (Feed, Food & Beverages, Healthcare and Personal Care), By Form (Powder Form and Liquid Form), By Functionality (Bone Health, Immunity, Energy, Skin Health and Others), By Region, By Competition Forecast & Opportunities, 2019-2029F has evaluated the future growth potential of Saudi Arabia Vitamin & Mineral Premixes Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Vitamin & Mineral Premixes Market.


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