According to a recent report by Future Market Insights, sales of nucleotide premixes 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.
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.
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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.
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.
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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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.
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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
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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