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Bulk Food Ingredients Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Bulk Food Ingredients Market
1.Bulk Food Ingredients Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
The global bulk food ingredients market was valued at USD XX.XX billion in 2012 and is projected to reach USD XX.XX billion by 2019, at a CAGR of X.X% from 2013 to 2019. Bulk food ingredients are used as raw materials in the food and beverage industry. They are either in a natural or processed form and are available in a wide range of varieties. The major types of bulk food ingredients include starches & derivatives, oils & fats, hydrocolloids, flour & derivatives, and others, such as vitamins, amino acids, and minerals. These ingredients are used in various food applications, such as bakery & confectionery, dairy & frozen desserts, savory & snacks, and others, such as infant food, animal feed, and pharmaceuticals.

The bakery & confectionery application segment includes breads, cakes, biscuits, pastries, and others, such as pies, donuts, and muffins. The dairy & frozen desserts application segment includes ice cream, yogurt, cheese, and others, such as dairy-based beverages and whey products. The savory & snacks application segment includes potato chips, popcorn, extruded snacks, and others, such as tortilla chips and pretzels. The other applications segment includes infant food, animal feed, and pharmaceuticals.

The North American region includes the U.S., Canada, and Mexico. The European region includes Germany, France, the U.K., Italy, and Rest of Europe. The Asia-Pacific region includes China, India, Japan, Australia, New Zealand, and Rest of Asia-Pacific. The Rest of the World (RoW) region includes South America, the Middle East, and Africa.

The bulk food ingredients market is segmented on the basis of type, application, and geography. On the basis of type, it is classified into starches & derivatives, oils & fats, hydrocolloids, flour & derivatives, and others. On the basis of application, it is divided into bakery & confectionery, dairy & frozen desserts, savory & snacks, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and Rest

2.Bulk Food Ingredients Market: Drivers and Restraints
The global bulk food ingredients market is expected to grow at a CAGR of 5.5% during the forecast period (2019-2024). The major factors driving the growth of the market include the growing demand for processed and convenience food, and the changing lifestyle of consumers.

The growing demand for processed and convenience food is one of the major factors driving the growth of the bulk food ingredients market. The hectic lifestyles of consumers have led to the increased demand for ready-to-eat and quick-to-cook food products. This, in turn, has increased the demand for bulk food ingredients, as they are used as key ingredients in the manufacturing of processed food.

The changing lifestyle of consumers is another factor driving the growth of the market. The rising disposable income and the growing middle-class population in emerging economies are leading to the increased demand for bulk food ingredients. The changing food preferences of consumers are also driving the market growth. Consumers are now opting for healthy and organic food products, which is expected to create new opportunities for the bulk food ingredients market.

The major restraints restraining the growth of the market include the stringent government regulations and the volatile raw material prices. The stringent government regulations regarding the use of food additives and the labeling of food products are expected to hamper the growth of the market. The volatile raw material prices are also expected to restraint the market growth, as the manufacturers need to pass on the increased cost to the consumers, which might lead to the price sensitive consumers switching to cheaper alternatives.

3.Bulk Food Ingredients Market: Industry Trends
Bulk Food Ingredients Market is projected to grow at a CAGR of 7.0% from 2019 to 2025.

The global Bulk Food Ingredients market is majorly driven by the growing demand for processed and packaged food. The changing lifestyle of people and the growing working population are the key factors driving the growth of the market. The growing health consciousness among people is also a key factor driving the growth of the market. The rising disposable incomes of people are also driving the growth of the market.

The key trends observed in the Bulk Food Ingredients market include the growing demand for natural and organic ingredients, the growing demand for functional ingredients, and the growing preference for plant-based ingredients. The major players in the Bulk Food Ingredients market include Cargill, Inc., Archer Daniels Midland Company, DuPont, Kerry Group, and Ingredion Incorporated.

The report provides a detailed analysis of the Bulk Food Ingredients market and offers insights on the various factors driving the growth of the market. The report includes a detailed segmentation of the market by ingredient type, function, form, and application.

The global Bulk Food Ingredients market is segmented by ingredient type, function, form, and application.

By ingredient type, the market is segmented into cereals, starches & derivatives, oils & fats, dairy ingredients, meat ingredients, fruits & vegetables, and others. The cereals segment is expected to grow at the highest CAGR during the forecast period. The growing demand for processed and packaged food is the key factor driving the growth of the segment.

By function, the market is segmented into emulsifiers, stabilizers, preservatives, texturizers, and others. The emulsifiers segment is expected to grow at the highest CAGR during the forecast period. The growing demand for processed and packaged food is the key factor driving the growth of the segment.

By form, the market is segmented into dry and wet. The dry segment is expected to grow at the highest CAGR during the forecast period. The growing demand for dry ingredients in the food processing industry is the key factor driving the growth of the segment.

By application,

4.Bulk Food Ingredients Market: Product Segmentation
Bulk food ingredients encompass a wide range of food items that are used in the food processing industry. These ingredients are used in the manufacturing of food products, and are available in a variety of forms. The most common form of bulk food ingredient is powder, which is used in the production of various food products such as soups, sauces, and bakery items. Other forms of bulk food ingredients include flakes, granules, and pellets.

The global bulk food ingredients market is segmented on the basis of product type, application, and geography.

On the basis of product type, the bulk food ingredients market is segmented into flour, starches & derivatives, lecithin, oils & fats, and others. The flour segment is further sub-segmented into wheat flour, corn flour, and rice flour. The starches & derivatives segment is further sub-segmented into potato starch, tapioca starch, and wheat starch. The lecithin segment is further sub-segmented into soy lecithin and sunflower lecithin. The oils & fats segment is further sub-segmented into palm oil, soybean oil, and sunflower oil. The others segment includes sweeteners, spices & flavors, and preservatives.

On the basis of application, the bulk food ingredients market is segmented into bakery, beverages, confectionery, dairy, savory & snacks, and others. The bakery segment is further sub-segmented into cakes & pastries, bread, biscuits & cookies, and others. The beverages segment is further sub-segmented into alcoholic, non-alcoholic, and baby food & infant formula. The confectionery segment is further sub-segmented into chocolate, candy, and gum. The dairy segment is further sub-segmented into cheese, butter, and yogurt. The savory & snacks segment is further sub-segmented into savory, snacks, and others. The others segment includes pet food and animal feed.

On the basis of geography, the bulk food ingredients market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East &

5.Bulk Food Ingredients Market: Geographical Segmentation
Bulk Food Ingredients Market: Geographical Segmentation

The global bulk food ingredients market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and the Middle East & Africa. Of these, North America and Western Europe are the leading regional markets for bulk food ingredients. This is due to the developed food & beverage industries in these regions.

The Asia Pacific bulk food ingredients market is projected to grow at the highest CAGR during the forecast period. This is due to the growing population and the changing food habits of consumers in this region.

The Middle East & Africa and Latin America are the other major regional markets for bulk food ingredients. The growth of these regional markets is due to the increasing population and the growing food & beverage industries in these regions.

6.Competitive Landscape of the Bulk Food Ingredients Market
The competitive landscape of the bulk food ingredients market is highly fragmented with the presence of a large number of small and medium-sized players. The market is also characterized by the presence of a large number of multinational companies. Key players in the market include Archer Daniels Midland Company, Cargill Inc., DuPont, Ingredion Inc., and Tate & Lyle.

The bulk food ingredients market is highly competitive with all the players striving to gain a larger share of the market. Players are engaged in various strategies such as mergers and acquisitions, expansion, and product innovation to gain a competitive advantage. For instance, in February 2019, Ingredion Inc. completed the acquisition of National Starch and Chemical Company from Corn Products International, Inc. The acquisition helped the company to expand its product portfolio and strengthen its position in the market.

7.Company Profiles of Key Players in the Bulk Food Ingredients Market
The food ingredients industry is constantly evolving as manufacturers work to create new and innovative products to meet the ever-changing needs of consumers. The bulk food ingredients market is no different, with a wide variety of products available to meet the specific needs of food manufacturers.

There are a number of key players in the bulk food ingredients market, each with their own unique offerings. Here are seven of the most prominent companies in this space:

1. Cargill

Cargill is one of the leading providers of food ingredients and solutions, serving customers in more than 140 countries. The company offers a wide range of products, including starches, sweeteners, texturizers, and protein ingredients. Cargill also has a strong focus on sustainability, with a commitment to sourcing sustainable ingredients and working to reduce its environmental impact.

2. Archer Daniels Midland (ADM)

ADM is a leading food and ingredient company with operations in more than 160 countries. The company offers a wide range of products, including oils, sweeteners, starches, and proteins. ADM also has a strong focus on sustainability, with a goal to reduce its environmental impact and support the communities in which it operates.

3. Ingredion

Ingredion is a leading global provider of ingredient solutions for the food, beverage, and industrial markets. The company offers a wide range of products, including starches, flours, sweeteners, and nutrition ingredients. Ingredion is committed to sustainable sourcing and manufacturing, and to working with customers to create products that meet their specific needs.

4. Tate & Lyle

Tate & Lyle is a leading global provider of food and beverage ingredients, with operations in more than 60 countries. The company offers a wide range of products, including sweeteners, starches, texturizers, and fermentation ingredients. Tate & Lyle is committed to sustainable sourcing and manufacturing, and to working with customers to create products that meet their specific needs.

5. DuPont

DuPont is a leading global provider of food ingredients and solutions, serving customers in more than 90 countries. The company offers a wide range of products, including enzymes

Key Players Covered

Some of the major companies that are present in the global bulk food ingredients market are;

    • Cargill Incorporated
    • Olam International Limited
    • DowDuPont Inc.
    • Ingredion Incorporated
    • Archer-Daniels-Midland Company
    • Tate & Lyle Plc.
    • DMH Ingredients
    • Community Foods Limited
    • EHL Ingredients
    • Associated British Foods Plc.
    • Other Prominent Players

SEGMENTATION

 

 SEGMENTATION

 

 

DETAILS

 

 

By Type

 

 

    • Primary Processed
        • Herbs & Spices

       

        • Grains & Seeds

       

        • Pulses

       

        • Sugar

       

        • Dried Vegetables

       

        • Others

       

    • Secondary Processed
        • Processed Herbs & Spices

       

        • Vegetable Oils

       

        • Dry Fruits & Nuts

       

        • Processed Grains & Seeds

       

        • Others

       

 

By Application

 

 

    • Bakery
    • Snacks & Spreads
    • Confectionery
    • Ready Meals
 

By Geography

 

 

    • North America (USA, Canada, and Mexico)
    • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)
    • Asia Paciic (China, India, Japan, Australia, and Rest of Asia Pacific)
    • South America (Brazil, Argentina, and Rest of South America)
    • Middle East & Africa (South Africa and Rest of ME&A)
 

By Type

 

 

    • Primary Processed
        • Herbs & Spices

       

        • Grains & Seeds

       

        • Pulses

       

        • Sugar

       

        • Dried Vegetables

       

        • Others

       

    • Secondary Processed
        • Processed Herbs & Spices

       

        • Vegetable Oils

       

        • Dry Fruits & Nuts

       

        • Processed Grains & Seeds

       

        • Others

       

 

By Application

 

 

    • Bakery
    • Snacks & Spreads
    • Confectionery
    • Ready Meals
    • Cargill Incorporated
    • Olam International Limited
    • DowDuPont Inc.
    • Ingredion Incorporated
    • Archer-Daniels-Midland Company
    • Tate & Lyle Plc.
    • DMH Ingredients
    • Community Foods Limited
    • EHL Ingredients
    • Associated British Foods Plc.
    • Other Prominent Players

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