NEWARK, Del, July 20, 2022 (GLOBE NEWSWIRE) -- According to a recent report by Future Market Insights, sales of nucleotide premixes market are estimated to reach a value of US$ 702.2 Mn by 2032, surging at 7.0% CAGR through 2032.
The building blocks of nucleic acids are nucleotides. Aside from that, nucleotides serve as a base for other molecules such as adenosine triphosphate, the cell's primary energy molecule. A nucleotide is also present in cyclic adenosine monophosphate. Many chemical reactions that play roles in metabolism use nucleotide or nucleotide premixes.
Increasing usage of premixes in infant nutrition is expected to increase demand in the market. Furthermore, due to the global population's high rate of deficiency in nutrients, the demand for fortified foods has increased significantly in recent years, as a deficiency of nutrients in food can lead to severe types of health-related disorders.
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As awareness of the benefits of consuming fortified food products grows, the need for nucleotide premixes is also increasing, mainly in developed countries. Given the aforementioned factors, the nucleotide premix market is expected to expand at a considerable pace over the forecast period.
Growing demand for nutritional premixes such as vitamin premixes, amino acid premixes, and other botanical premixes to improve health, along with increasing incorporation of these premixes in sports nutrition will create opportunities for growth in the market,” says an FMI analyst.
Key Takeaways:
- The U.S. will dominate the North America nucleotide premixes market, reaching a a valuation of US$ 74.8 Mn.
- Sales in the Germany nucleotide premixes market are expected to be worth US$ 25.3 Mn in 2022, growing at a CAGR of 4.9% over the forecast period
- Demand for nucleotide premixes in the food sector will gain traction at a 5.9% CAGR through 2032.
- The nucleotides with one phosphate group segment is expected to grow at a CAGR of 7.4% during the assessment period.
Competitive Landscape
Some of the key players operating in the global nucleotide premixes market include Nanjing Bio Together Co., Ltd., ThermoFisher Scientific Inc., Agilent Technologies Inc., DSM Nutritional Products Ltd., Lallemand Inc., and many more.
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Nucleotide Premix Market by Category
By Form:
- Powder
- Liquid
By Application:
- Food Sector
- Dietary Supplement
- Pharma OTC Drugs
By Region:
- North America
- Latin America
- Europe
- Middle east and Africa
- East Asia
- South Asia
- Oceania
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of nucleotide premix presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on the nucleotide premix based on form (powder, liquid) by application (food Sector {nutrition/baby food, medical nutrition, sports nutrition & energy drinks, milk and milk products, bakery and confectionery products, cereals & snacks, oils and fats, staple foods}, dietary supplement, pharma OTC drugs) and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
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Nucleotides Market Growth: Nucleotides market analysis shows that global demand of overall nucleotides market enjoyed year-on-year growth of 5.8% in 2021 to total US$ 559.9 Mn.
Customized Premixes Market Sales: The global customized premix market is expected to reach a market valuation of USD 1.7 Bn by the year 2022, accelerating with a CAGR of 5.6% by 2022-2032.
Multi-Grain Premixes Market Size: The multi-grain premixes market is expected to strengthen its hold over the global market at a strong CAGR of 6.2% between 2022 and 2032.
Food Premix Market Share: The global food premix market will likely reach a value of USD 3.2 Bn by the end of the 2032 forecast period. The demand for food premix is anticipated to be a value CAGR of 5.2%.
Infant Nutritional Premix Market Forecast: According to Future Market Insights (FMI), The Global Infant Nutritional Premix Market size was estimated at USD 235 million in 2021 and expected to reach USD 370 million in 2032, at 4%.
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