Summary

Vietnam vitamin & mineral premixes market is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the rising consumer demand for vitamins & minerals in the diet and the increasing need for food enrichment. Shifting consumer preferences for different functional ingredient blends and rising health awareness among the population are other factors driving the growth of the Vietnam vitamin & mineral premixes market. Growing demand for fortified foods and beverages and increasing middle-class population are some of the other factors contributing to the growth of the Vietnam vitamin & mineral premixes market. Rising personal disposable income and growing population are also other factors driving the growth of the Vietnam vitamin & mineral premixes market. Increasing demand for dairy products and growth of the global cattle feed market are some of the factors fuelling the vitamin & mineral premixes market. Moreover, a growing number of product launches, mergers and acquisitions, joint ventures, and R&D activities are also propelling the Vietnam vitamin & mineral premixes market. Leading manufacturers are addressing malnutrition by introducing blends of vitamins & minerals premixes for humans and animals, which is expected to contribute to the Vietnam vitamin & mineral premixes market growth.

Vietnam vitamin & mineral premixes market is segmented based on product type, form, functionality, application, and geography. Based on type, the market is divided into vitamins, minerals, and vitamin & mineral combinations. The vitamin & mineral combinations segment is expected to dominate the Vietnam vitamin & mineral premixes market during the forecast period. Increased consumer preferences for blends of different functional ingredients are contributing to the greater adoption of vitamin & mineral premixes, contributing to its large market share.
Major players operating in Vietnam Vitamin & Mineral Premixes Market are Sternvitamin, Corbion, Watson Inc., Farbest-Tallman Foods Corporation, Bar-Magen Ltd., Burkmann Industries, Inc, Vitablend Nederland, Nutreco, Zagro Asia Ltd., etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
• To assess the demand, supply, and production scenario of Vietnam vitamin & mineral premixes market
• To analyse and forecast the market size of Vietnam vitamin & mineral premixes in terms of volume and value
• To classify and forecast Vietnam vitamin & mineral premixes market based on type, application, form, functionality, and regional distribution
• To identify drivers and challenges for Vietnam vitamin & mineral premixes market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam vitamin & mineral premixes market
• To identify and analyze the profile of leading players involved in the Vietnam vitamin & mineral premixes market
To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of vitamin and mineral premixes manufacturers operating in Vietnam. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings and regional presence of all major Vitamin & Mineral Premixes suppliers across Vietnam.
TechSci Research calculated the market size for Vietnam Vitamin & Mineral Premixes Market using a bottom-up technique, wherein manufacturers’ value sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
• Vitamin & mineral premixes manufacturers
• Food processors and food manufacturers
• Traders, distributors, and raw material suppliers
• Feed, personal care, and nutraceutical product manufacturers
• Research institutes
• Importers and exporters of vitamin & mineral premixes
• Associations, organizations, forums, and alliances related to Vitamin & Mineral Premixes.
• Industry associations
• Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Vitamin & Mineral Premixes manufacturers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Vietnam Vitamin & Mineral Premixes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Vietnam Vitamin & Mineral Premixes Market, By Type:
o Vitamins
o Minerals
o Vitamins & Minerals Combinations
• Vietnam Vitamin & Mineral Premixes Market, By Application:
o Feed
o Food & Beverages
o Healthcare and Personal Care
• Vietnam Vitamin & Mineral Premixes Market, By Form:
o Powder Form
o Liquid Form
• Vietnam Vitamin & Mineral Premixes Market, By Functionality:
o Bone Health
o Immunity
o Energy
o Skin Health
o Others
• Vietnam Vitamin & Mineral Premixes Market, by Region:
o North
o South
o Central

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Vitamin & Mineral Premixes Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.

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