The Bulk Food Ingredients Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Bulk Food Ingredients Global Market Report 2024, The bulk food ingredients market size has grown strongly in recent years. It will grow from $748.48 billion in 2023 to $794.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to population growth, urbanization, food industry expansion, advancements in food processing, global trade, supply chain efficiencies.
The bulk food ingredients market size is expected to see strong growth in the next few years. It will grow to $1020.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to plant-based eating, sustainable sourcing, e-commerce growth, food industry innovation, consumer convenience, functional foods demand. Major trends in the forecast period include customization and specialty ingredients, clean and green processing technologies, blockchain for supply chain transparency, flavor innovation and exotic ingredients, non-GMO and organic ingredients.
The growing demand for convenience food products is expected to propel the growth of the bulk food ingredients market going forward. Convenience foods are processed foods that are ready-to-eat, commonly served in restaurants or sold at grocery stores, and include snacks and frozen foods. They can be cooked with a minimum or no effort in preparation. Convenience foods are commercially prepared and use bulk food ingredients as raw materials. These are more suitable for travelers and people who are unacquainted with cooking. For instance, according to the Institute of Food Technologists, a US-based scientific society of professionals engaged in food science and food technology, U.S. snack sales were up 5% in the first half of 2021 when compared with 2020. Also, in 2021, the sales of frozen novelties were up 26% and refrigerated lunch product sales grew by 36.4%. Therefore, growing demand for convenience food products is driving the growth of the bulk food ingredients market.
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The bulk food ingredients market covered in this report is segmented –
1) By Type: Primary Processed Bulk Food Ingredients, Secondary Processed Bulk Food Ingredients
2) By Application: Ready Meals, Bakery Products, Confectionery Products, Snacks and Spreads, Other Applications
3) By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce, Others Distribution Channels
Major companies in the bulk food ingredients market are focused on developing plant-based products, such as plant-based pulses, to maximize their profits in the market. Plant-based pulses refer to a category of food products derived from leguminous plants. For instance, in February 2022, ETG Food Products Inc., Canada-based processors, and supply chain managers and exporters, launched Naturz, a new brand of pulses catering to health-conscious consumers seeking plant-based options. These pulses are made from natural, nutrient-rich ingredients, are vegan, kosher, and halal, and contain no artificial colors or flavors. With a growing trend toward plant-based proteins, Naturz aims to provide a range of choices for consumers worldwide. The initial portfolio includes 16 SKUs of pulses like chickpeas, black-eyed beans, lentils, and more, packaged in 2 lbs and 4 lbs retail bags
The bulk food ingredients market report table of contents includes:
- Executive Summary
- Bulk Food Ingredients Market Characteristics
- Bulk Food Ingredients Market Trends And Strategies
- Bulk Food Ingredients Market - Macro Economic Scenario
- Global Bulk Food Ingredients Market Size and Growth
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- Global Bulk Food Ingredients Market Competitive Benchmarking
- Global Bulk Food Ingredients Market Competitive Dashboard
- Key Mergers And Acquisitions In Bulk Food Ingredients Market
- Bulk Food Ingredients Market Future Outlook and Potential Analysis
- Appendix
Top Major Players
- Cargill Incorporated
- Archer Daniels Midland Company
- Bunge Limited
- Olam International Limited
- Lactalis Group
- Associated British Foods PLC
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The global Bulk Food Ingredients Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the bulk food ingredients market include Tate & Lyle PLC, Archer Daniels Midland Company, DuPont, Olam International, Cargill, Incorporated, Ingredion Incorporated, Associated British Foods plc, EHL Ingredients, DMH Ingredients, Inc., and Community Foods Limited,.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Bulk Food Ingredients Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/bulk-food-ingredients-market/download-sampleMarket DynamicsThe market is primarily driven by changing lifestyle factors such as demand for packaged convenience and ready-to-eat meals such as confectionery, biscuits, beverages, chocolates, and other such things.
Moreover, the steady growth of foodservice retail chains and an increase in the number of eateries and cafes that buy a large number of food products from the wholesaler is further fuelling the market's development.
The pandemic witnessed a sharp rise in raw materials prices due to halting economic activities, obstructions in the supply of raw commodities, and inadequate distribution systems.
The Bulk Food Ingredients Market research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.To learn more about this report, https://www.grandresearchstore.com/report-sample/global-bulk-food-ingredients-2021-678Segment by TypeNutsOilseedsGrains, Pulses, and CerealsHerbs & SpicesSugarSaltsOtherSegment by ApplicationFoodBeveragesBy RegionNorth AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EBy CompanyTate & LyleArcher Daniels Midland CompanyE.
Du PontOlam InternationalCargill IncorporatedIngredion IncorporatedAssociated British Foods PLCEHL IngredientsDMH Ingredients, IncCommunity Foods LimitedFull report URL: https://www.grandresearchstore.com/food-and-beverages/global-bulk-food-ingredients-2021-678Table Of Content1 Bulk Food Ingredients Market Overview1.1 Product Overview and Scope of Bulk Food Ingredients1.2 Bulk Food Ingredients Segment by Type1.2.1 Global Bulk Food Ingredients Sales Growth Rate Comparison by Type (2021-2027)1.2.2 Nuts1.2.3 Oilseeds1.2.4 Grains, Pulses, and Cereals1.2.5 Herbs & Spices1.2.6 Sugar1.2.7 Salts1.2.8 Other1.3 Bulk Food Ingredients Segment by Application1.3.1 Bulk Food Ingredients Sales Comparison by Application: (2021-2027)1.3.2 Food1.3.3 Beverages1.4 Global Bulk Food Ingredients Market Size Estimates and Forecasts1.4.1 Global Bulk Food Ingredients Revenue 2016-20271.4.2 Global Bulk Food Ingredients Sales 2016-20271.4.3 Bulk Food Ingredients Market Size by Region: 2016 Versus 2021 Versus 20272 Bulk Food Ingredients Market Competition by Manufacturers2.1 Global Bulk Food Ingredients Sales Market Share by Manufacturers (2016-2021)2.2 Global Bulk Food Ingredients Revenue Market Share by Manufacturers (2016-2021)2.3 Global Bulk Food Ingredients Average Price by Manufacturers (2016-2021)2.4 Manufacturers Bulk Food Ingredients Manufacturing Sites, Area Served, Product Type2.5 Bulk Food Ingredients Market Competitive Situation and Trends2.5.1 Bulk Food Ingredients Market Concentration Rate2.5.2 The Global Top 5 and Top 10 Largest Bulk Food Ingredients Players Market Share by Revenue2.5.3 Global Bulk Food Ingredients Market Share by Company Type (Tier 1, Tier 2 and Tier 3)2.6 Manufacturers Mergers & Acquisitions, Expansion Plans3 Bulk Food Ingredients Retrospective Market Scenario by Region3.1 Global Bulk Food Ingredients Retrospective Market Scenario in Revenue by Region: 2016-20213.2 Global Bulk Food Ingredients Retrospective Market Scenario in Sales by Region: 2016-20213.3 North America Bulk Food Ingredients Market Facts & Figures by Country3.3.1 North America Bulk Food Ingredients Sales by Country3.3.2 North America Bulk Food Ingredients Revenue by Country3.3.3 U.S.3.3.4 Canada3.4 Europe Bulk Food Ingredients Market Facts & Figures by Country3.4.1 Europe Bulk Food Ingredients Sales by Country3.4.2 Europe Bulk Food Ingredients Revenue by Country3.4.3 Germany3.4.4 France3.4.5 U.K.3.4.6 Italy3.4.7 Russia3.5 Asia Pacific Bulk Food Ingredients Market Facts & Figures by Region3.5.1 Asia Pacific Bulk Food Ingredients Sales by Region3.5.2 Asia Pacific Bulk Food Ingredients Revenue by Region3.5.3 China3.5.4 Japan3.5.5 South Korea3.5.6 India3.5.7 Australia3.5.8 Taiwan3.5.9 Indonesia3.5.10 Thailand3.5.11 Malaysia3.5.12 Philippines3.5.13 Vietnam3.6 Latin America Bulk Food Ingredients Market Facts & Figures by Country3.6.1 Latin America Bulk Food Ingredients Sales by Country3.6.2 Latin America Bulk Food Ingredients Revenue by Country3.6.3 Mexico3.6.4 Brazil3.6.5 Argentina3.7 Middle East and Africa Bulk Food Ingredients Market Facts & Figures by Country3.7.1 Middle East and Africa Bulk Food Ingredients Sales by Country3.7.2 Middle East and Africa Bulk Food Ingredients Revenue by Country3.7.3 Turkey3.7.4 Saudi Arabia3.7.5 U.A.E4 Global Bulk Food Ingredients Historic Market Analysis by Type4.1 Global Bulk Food Ingredients Sales Market Share by Type (2016-2021)4.2 Global Bulk Food Ingredients Revenue Market Share by Type (2016-2021)4.3 Global Bulk Food Ingredients Price by Type (2016-2021)5 Global Bulk Food Ingredients Historic Market Analysis by Application5.1 Global Bulk Food Ingredients Sales Market Share by Application (2016-2021)5.2 Global Bulk Food Ingredients Revenue Market Share by Application (2016-2021)5.3 Global Bulk Food Ingredients Price by Application (2016-2021)6 Key Companies Profiled6.1 Tate & Lyle6.1.1 Tate & Lyle Corporation Information6.1.2 Tate & Lyle Description and Business Overview6.1.3 Tate & Lyle Bulk Food Ingredients Sales, Revenue and Gross Margin (2016-2021)6.1.4 Tate & Lyle Product Portfolio6.1.5 Tate & Lyle Recent Developments/Updates6.2 Archer Daniels Midland Company6.2.1 Archer Daniels Midland Company Corporation Information6.2.2 Archer Daniels Midland Company Description and Business Overview6.2.3 Archer Daniels Midland Company Bulk Food Ingredients Sales, Revenue and Gross Margin (2016-2021)6.2.4 Archer Daniels Midland Company Product Portfolio6.2.5 Archer Daniels Midland Company Recent Developments/Updates6.3 E. I.
Du Pont Description and Business Overview6.3.3 E. I.
Du Pont Bulk Food Ingredients Sales, Revenue and Gross Margin (2016-2021)6.3.4 E. I.
