Global Bulk Food Ingredients Market
The global Bulk Food Ingredients market was valued at USD 384.29 billion in 2016 and is projected to reach USD 546.97 billion by 2025, growing at a CAGR of 4.0% from 2017 to 2025.
The demand for bulk food ingredients is expected to grow at a steady rate due to proportionate growth in in population globally. The demand is expected to be high in Asia Pacific owing to rapidly growing population in the region. The major problem associated with the industry is the storage and maintenance of the products.
1. Market Drivers
1.1 Economic and environment benefits
1.2 Rapid growth in packaged food and bakery industry
2. Market Restraints
2.1 Bulk ingredients are prone to contamination
2.2 Storage management and infrastructure
The global Bulk Food Ingredients market is segmented on the primary processed type, secondary processed type, application, and region.
1. By Primary Processed Type:
1.1 Cereals, Pulses and Grains
1.2 Cocoa, Coffee and Tea
1.5 Spices and Herbs
2. By Secondary Processed Type:
2.1 Sea Salt
2.2 Processed Pulses, Cereals and Grains
2.4 Processed Herbs and Spices
2.5 Sugar and Sweeteners
2.6 Cocoa, Coffee and Tea
2.7 Vegetable Oil
2.8 Processed Nuts and Dried Fruits
3. By Application:
3.1.1 Spreads and Snacks
3.1.4 Ready Meals
3.2.1 Alcoholic Beverages
3.2.2 Non-alcoholic Beverages
3.2.3 Hot Beverages
3.2.4 Cold Beverages
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Archer Danield Midland Company
2. Tate and Lyle PLC
3. EI Du Pont De Nemours
5. Olam International
7. EHL Ingredients
8. Community Foods Limited
9. DMH Ingredients Inc.
10. Associated British Foods PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Bulk Food Ingredients market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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