Bulk food ingredients are food components used in processed, packaged, and ready to eat foods such as confectionery items, beverages, chocolates, and others. The bulk food ingredients majorly include items such as sugar, nuts and seeds, dry fruits, spices and herbs, wheat, and rice, among others. Owing to the increasing consumption of packaged and processed foods, the market is gaining immense traction. Changing consumer lifestyles in emerging economies have resulted in increased demand for processed and ready to eat food products.
MARKET DYNAMICS
Emerging countries in the Asia-Pacific region such as China, India, Indonesia, Taiwan, and others contribute substantially to the market growth. The growing urbanization and increased spending on ready-to-eat and processed foods are likely to favor market expansion. The growth of foodservice retail chains and the rising number of cafes and restaurants, which purchases a huge quantity of food ingredients from the wholesale supplier, has also propelled the market progression.
MARKET SCOPE
The "Global Bulk Food Ingredients Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bulk food ingredients market with detailed market segmentation by source, type, application, and geography. The global bulk food ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bulk food ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global bulk food ingredients market is segmented on the basis of type and application. On the basis of type, bulk food ingredients market is segmented into into grains and pulses, tea and coffee, sugar and sweeteners, herbs and spices, and others. On the basis of application, market is segmented into bakery and confectionery, snacks and spreads, beverages, infant and baby food, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bulk food ingredients market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bulk food ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the bulk food ingredients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bulk food ingredients market in these regions.
MARKET PLAYERS
The reports cover key developments in the bulk food ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from bulk food ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the bulk food ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bulk food ingredients market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADM
- Associated British Foods plc
- Cargill, Incorporated
- Community Foods Limited
- DuPont
- EHL Ingredients
- Ingredion Incorporated
- Kemin Industries, Inc.
- Olam International
- Tate and Lyle
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.