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Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Bulk Food Ingredients Market: By Type, Secondary ), By Application and Geography
Bulk Food Ingredients Market: By Type, Secondary ), By Application and Geography
Bulk Food Ingredients Market size was valued at US$ 450 Billion in 2023 and is anticipated to grow at US$ 604 Billion by 2030 recording a CAGR of 4.3% from 2024-2030. Bulk food ingredients Market are the components that are used in ready-to-eat foods, processed and packaged foods like chocolates, biscuits, etc. Bulk food ingredients include artificial sweeteners, coffee and tea, spices, herbs, dry fruits, dehydrated vegetables, etc. Bulk food ingredients can also be called as whole food ingredients and can be found in organic form. Few ingredients in the food ingredients market are experiencing rapid growth. The bulk ingredients market is more complex and fragmented. Market players need to adopt changes according to consumer preferences in order to hold top positions. Growing safety and health concerns regarding processed foods is the most challenging issue for the market players to exist strongly in the market. Prepared food products designed for ease of consumption are referred to as ready meals or convenience food products.
With the expansion in population and disposable incomes, especially in growing economies such as China, India, and Brazil, the consumption of ready meals is on the rise, as are lifestyle patterns that are continuously changing. This sector includes herbs and spices including capsicum, pepper, cloves, cardamom, cinnamon, ginger, coriander, nutmeg & mace, bay leaves, basil, and oregano. These can be found in a variety of goods, including beverages, frozen meals, and meat. Market players are focussing on expansions, investments, mergers and acquisitions, collaborations and partnerships, and new product launches in order to make their strong presence in the ingredients market.
Study Period
2024-2030Base Year
2023CAGR
4.3%Largest Market
Asia PacificFastest Growing Market
North America
Increasing demand for the packed food and convenience food is the major factor which is driving the market revenue growth of the bulk food ingredients market. Furthermore, change in consumer lifestyles, growing health consciousness among the consumers, rise in disposable income, growing trend of consuming ready to cook food, high consumption of beverages, snacks and processed food, increase in working woman population are also propelling the growth of the bulk food ingredients market globally. However, strict regulatory framework, high cost of the products and unbalanced agriculture supply are the few factors which are restraining the growth of the market.
Geographically Bulk Food Ingredients Market is segmented into Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. Due to the growing disposable income in emerging countries, rapid urbanization in the developing countries, adoption of the western lifestyle, increase in consumption of the processed food and canned food are the major factors attributed to the significant growth of bulk food ingredients market in Asia Pacific region especially in countries like India, China, New Zealand and Australia. North America and Europe hold a very significant position in the bulk food ingredients market owing to the high consumption of processed and canned food, growing demand for the low fat and low cholesterol food, growing health concerns among the consumers etc.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
4.3% |
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By Type |
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By Application |
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By Region |
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The bulk food ingredients market size was valued at US$ 450 billion in 2023
The bulk food ingredients market key players are: Dupont Olam International Associated British Foods Archer Daniels Midland Company DMH Ingredients Ingredion Incorporated Cargill
The bulk food ingredients market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Bulk Food Ingredients Market Introduction |
| 2.1. Global Bulk Food Ingredients Market Taxonomy |
| 2.2. Global Bulk Food Ingredients Market Definitions |
| 2.2.1. Category |
| 2.2.2. Type |
| 2.2.3. Application |
| 3. Global Bulk Food Ingredients Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Bulk Food Ingredients Market Dynamic Factors - Impact Analysis |
| 3.6. Global Bulk Food Ingredients Market Competition Landscape |
| 3.7. Epidemiology |
| 4. Global Bulk Food Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market OpportunityAnalysis |
| 5. Global Bulk Food Ingredients Market, By Category, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Primary processed |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Secondary Processed |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Bulk Food Ingredients Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030 |
| 6.1. Grains, Pulses, and Cereals |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Tea, Coffee, and Cocoa |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Herbs and Spices |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Oilseeds |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Sugar and Sweeteners |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Edible Oil |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Other Types |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7. Global Bulk Food Ingredients Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 |
| 7.1. Bakery and Confectionery |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Snacks and Spreads |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Ready Meals |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Other Applications |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Bulk Food Ingredients Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Bulk Food Ingredients Market - Opportunity Analysis Index, ByCategory, Type, Application, and Region, 2024 - 2030 |
| 9. North America Bulk Food Ingredients MarketAnalysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. By Category Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Primary processed |
| 9.1.2. Secondary Processed |
| 9.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Grains, Pulses, and Cereals |
| 9.2.2. Tea, Coffee, and Cocoa |
| 9.2.3. Herbs and Spices |
| 9.2.4. Oilseeds |
| 9.2.5. Sugar and Sweeteners |
| 9.2.6. Edible Oil |
| 9.2.7. Other Types |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Bakery and Confectionery |
| 9.3.2. Snacks and Spreads |
| 9.3.3. Ready Meals |
| 9.3.4. Other Applications |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Bulk Food Ingredients Market - Opportunity Analysis Index, By Category, Type, Application, and Country, 2024 - 2030 |
| 9.6. North America Bulk Food Ingredients Market Dynamics Trends |
| 10. Europe Bulk Food Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. By Category Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Primary processed |
| 10.1.2. Secondary Processed |
| 10.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Grains, Pulses, and Cereals |
| 10.2.2. Tea, Coffee, and Cocoa |
| 10.2.3. Herbs and Spices |
| 10.2.4. Oilseeds |
| 10.2.5. Sugar and Sweeteners |
| 10.2.6. Edible Oil |
| 10.2.7. Other Types |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Bakery and Confectionery |
| 10.3.2. Snacks and Spreads |
| 10.3.3. Ready Meals |
| 10.3.4. Other Applications |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Bulk Food Ingredients Market - Opportunity Analysis Index, By Category, Type, Application, and Country, 2024 - 2030 |
| 10.6. Europe Bulk Food Ingredients Market Dynamics Trends |
| 11. Asia-Pacific Bulk Food Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. By Category Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Primary processed |
| 11.1.2. Secondary Processed |
| 11.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Grains, Pulses, and Cereals |
| 11.2.2. Tea, Coffee, and Cocoa |
| 11.2.3. Herbs and Spices |
| 11.2.4. Oilseeds |
| 11.2.5. Sugar and Sweeteners |
| 11.2.6. Edible Oil |
| 11.2.7. Other Types |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Bakery and Confectionery |
| 11.3.2. Snacks and Spreads |
| 11.3.3. Ready Meals |
| 11.3.4. Other Applications |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Bulk Food Ingredients Market - Opportunity Analysis Index, By Category, Type, Application, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Bulk Food Ingredients Market Dynamics Trends |
| 12. Latin America Bulk Food Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. By Category Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Primary processed |
| 12.1.2. Secondary Processed |
| 12.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Grains, Pulses, and Cereals |
| 12.2.2. Tea, Coffee, and Cocoa |
| 12.2.3. Herbs and Spices |
| 12.2.4. Oilseeds |
| 12.2.5. Sugar and Sweeteners |
| 12.2.6. Edible Oil |
| 12.2.7. Other Types |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Bakery and Confectionery |
| 12.3.2. Snacks and Spreads |
| 12.3.3. Ready Meals |
| 12.3.4. Other Applications |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Bulk Food Ingredients Market - Opportunity Analysis Index, By Category, Type, Application, and Country, 2024 - 2030 |
| 12.6. Latin America Bulk Food Ingredients Market Dynamics Trends |
| 13. Middle East and Africa Bulk Food Ingredients Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. By Category Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Primary processed |
| 13.1.2. Secondary Processed |
| 13.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Grains, Pulses, and Cereals |
| 13.2.2. Tea, Coffee, and Cocoa |
| 13.2.3. Herbs and Spices |
| 13.2.4. Oilseeds |
| 13.2.5. Sugar and Sweeteners |
| 13.2.6. Edible Oil |
| 13.2.7. Other Types |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Bakery and Confectionery |
| 13.3.2. Snacks and Spreads |
| 13.3.3. Ready Meals |
| 13.3.4. Other Applications |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Bulk Food Ingredients Market - Opportunity Analysis Index, By Category, Type, Application, and Country, 2024 - 2030 |
| 13.6. MEA Bulk Food Ingredients Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Tate & Lyle PLC (UK) |
| 14.2.2. Archer Daniels Midland Company (US) |
| 14.2.3. DuPont (US) |
| 14.2.4. Cargill, Incorporated (US) |
| 14.2.5. Ingredion Incorporated (US) |
| 14.2.6. Associated British Foods plc (UK) |
| 14.2.7. EHL Ingredients (UK) |
| 14.2.8. DMH Ingredients, Inc. (US) |
| 14.2.9. Community Foods Limited (UK) |
| 14.2.10. McCormick & Company, Inc. (US) |
| 14.2.11. The Source Bulk Foods (Australia) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.