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.
Nucleotides are the building components of nucleic acids. In addition, nucleotides act as bases for other molecules, including adenosine triphosphate, which is the main source of energy for cells. Cyclic adenosine monophosphate also contains a nucleotide. Nucleotides or nucleotide premixes are used in a variety of chemical reactions that are involved in metabolism.
It is anticipated that as premixes are used more frequently in newborn nutrition, market demand would rise.Furthermore, the demand for fortified foods has grown dramatically in recent years due to the high rate of vitamin deficiencies in the global population. This is because a lack of nutrients in food can result in severe health conditions.
The need for nucleotide premixes is rising along with the benefits of consuming fortified food items, mostly in developed nations. The nucleotide premix market is anticipated to grow at a significant rate during the forecast period due to the aforementioned factors.
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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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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, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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