Bulk Food Ingredients Market Report: Trends, Forecast and Competitive Analysis to 2030
Bulk Food Ingredients Trends and Forecast
The future of the global bulk food ingredients market looks promising with opportunities in the bakery and confectionery, snacks and spreads, and ready meals markets. The global bulk food ingredients market is expected to reach an estimated $486.4 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are preference among consumers, especially in industrialized nations shifting away from manufactured and pre-packaged foods towards organic, natural, and simple components, rising disposable income, and technological development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bulk Food Ingredients by Segment
The study includes a forecast for the global bulk food ingredients by type, category, application, and region.
Bulk Food Ingredients Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Grains, Pulses, and Cereals
- Tea, Coffee, and Cocoa
- Herbs and Spices
- Oilseeds
- Sugar and Sweeteners
- Edible Oil
- Others
Bulk Food Ingredients Market by Category [Shipment Analysis by Value from 2018 to 2030]:
- Primary Processed
- Secondary Processed
Bulk Food Ingredients Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Bakery and Confectionery
- Snacks and Spreads
- Ready Meals
- Others
Bulk Food Ingredients Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Bulk Food Ingredients Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bulk food ingredients companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bulk food ingredients companies profiled in this report include-
- Archer Daniels Midland
- International Flavours & Fragrances
- Olam
- Cargill
- Ingredion
- Associated British
- Tate & Lyle
- Ehl Ingredients
- Batory Foods
Bulk Food Ingredients Market Insights
Lucintel forecasts that secondary processed is expected to witness highest growth over the forecast period due to increasing demand for convenience foods and rising popularity of processed foods.
APAC is expected to witness highest growth over the forecast period because of rise in demand for food and drink in nations like China, Japan, India, Indonesia, Malaysia, and other Asian nations, rising disposable income, and improvement in living standard of people in the region.
Features of the Global Bulk Food Ingredients Market
Market Size Estimates: Bulk food ingredients market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bulk food ingredients market size by type, category, application, and region in terms of value ($B).
Regional Analysis: Bulk food ingredients market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, category, application, and regions for the bulk food ingredients market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bulk food ingredients market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the bulk food ingredients market size?
Answer: The global bulk food ingredients market is expected to reach an estimated $486.4 billion by 2030.
Q.2 What is the growth forecast for bulk food ingredients market?
Answer: The global bulk food ingredients market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the bulk food ingredients market?
Answer: The major drivers for this market are preference among consumers, especially in industrialized nations shifting away from manufactured and pre-packaged foods towards organic, natural, and simple components, rising disposable income, and technological development.
Q4. What are the major segments for bulk food ingredients market?
Answer: The future of the global bulk food ingredients market looks promising with opportunities in the bakery and confectionery, snacks and spreads, and ready meals markets.
Q5. Who are the key bulk food ingredients market companies?
Answer: Some of the key bulk food ingredients companies are as follows:
- Archer Daniels Midland
- International Flavours & Fragrances
- Olam
- Cargill
- Ingredion
- Associated British
- Tate & Lyle
- EHL Ingredients
- Batory Foods
Q6. Which bulk food ingredients market segment will be the largest in future?
Answer: Lucintel forecasts that secondary processed is expected to witness highest growth over the forecast period due to increasing demand for convenience foods and rising popularity of processed foods.
Q7. In bulk food ingredients market, which region is expected to be the largest in next 5 years?
Answer:APAC is expected to witness highest growth over the forecast period because of rise in demand for food and drink in nations like China, Japan, India, Indonesia, Malaysia, and other Asian nations, rising disposable income, and improvement in living standard of people in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bulk food ingredients market by type (grains, pulses, and cereals, tea, coffee, and cocoa, herbs and spices, oilseeds, sugar and sweeteners, edible oil, and others), category (primary processed and secondary processed), application (bakery and confectionery, snacks and spreads, ready meals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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