Bulk Food Ingredients Market - Forecast(2024 - 2030)

Report Code: FBR 34099 Report Format: PDF + Excel

Bulk Food Ingredients Market Overview

Bulk Food Ingredients Market size is estimated at $798 million in 2020, projected to grow at a CAGR of 4.9% during the forecast period 2021-2026. Bulk food ingredients are ingredients found in packaged, processed, and ready-to-eat foods. Herbs and spices, sweeteners, which are also known as whole food ingredients, are frequently available in organic form. The industry is expanding due to the rising demand for convenience foods. The Global Bulk Food Ingredients Industry has been driven by the strong growth of foodservice retail chains, as well as an increase in the number of eateries and cafes that buy a large quantity of food products from the wholesaler. In addition, factors such as rising disposable incomes and growing urbanization have boosted demand for processed goods, resulting in Global Bulk Food Ingredients Industry expansion.

Bulk Food Ingredients Market Report Coverage

The report: Bulk Food Ingredients Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Bulk Food Ingredients Market.

By Type: Nuts, Herbs and Spices, Oilseeds, Sweeteners, Grains, Pulses & Cereals, Tea, Coffee & Cocoa and Others.
By Application: Food - Bakery Products, Snacks & Spreads, Ready Meals, Confectionery Products and Others and Beverages - Alcoholic Beverages, Non-Alcoholic Beverages, Hot Beverages and Cold Beverages.
By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce and Others.
By Geography: North America (U.S, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina and Rest of South America) and Row (Middle East and Africa).

Key Takeaways

Bulk Food Ingredients Market: Market Share (%) by Region, 2020

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Bulk Food Ingredients Market Segment Analysis – By Type:

Based on Type, Herbs and Spices Segment accounted for the largest revenue market share in 2020 owing to rising consumption and increased demand for high-quality product, which is expected to drive market expansion. The use of spices & herbs as food ingredients in a variety of culinary preparations contributes significantly to the overall flavor of the food. Herbs and Spices like coriander, capsicum, pepper, cloves, cardamom, mint, parsley, basil, chives, and thyme are commonly used to garnish dishes in various regions across the globe. Consumers all over the world are gradually turning to these herbs for their flavor as well as their medicinal properties. Garlic, for instance, is well-known for its pungent aroma and delicious flavor, as well as its ability to treat the common flu and other infectious diseases. Additionally, it aids in the management of hypertension and cardiovascular disease. The numerous health benefits associated with herbs such as garlic, parsley, oregano, fennel, peppermint, and basil have been credited with the segment's development. Sweeteners segment is anticipated to grow with the fastest CAGR of 5.4% in the forecast period 2021-2026 owing towards its vast application usage resulting in segment growth.

Bulk Food Ingredients Market Segment Analysis – By Distribution Channel:

Based on Distribution Channel, Convenience Stores accounted for the largest revenue market share in 2020. These convenience items are gaining significant favour among working professionals with busy schedules and hectic lifestyles, owing to rising disposable income levels and evolving dietary habits of the public. Consumers are flocking to a surprising new breakfast, lunch, and dinner destination as they seek work-life balance and pre-packaged meals that need little or no cooking preparation. Several businesses are increasingly substituting natural preservatives for synthetic preservatives and sourcing meat from organic-certified farms in an effort to maintain the authenticity of food ingredients, which is driving segment growth. Supermarkets and hypermarkets are expected to increase at the fastest rate of 5.2% from 2021 to 2026, owing to novel food ingredients such as herbs and spices and sweeteners, which will boost market expansion.

Bulk Food Ingredients Market Segment Analysis – By Geography:

Based on Geography, Asia-Pacific Global Bulk Food Ingredients Market accounted for the 40% revenue share in 2020 owing to the presence of large consumer base. Investments in developed countries to improve the beverage sector with high nutritional content are increasing dramatically. The major players in various regions are employing various tactics, such as introducing new products in order to satisfy consumer demand, which is leading to the accelerated product demand. China's economic performance, which is bolstered by large-scale investments in technology and research, is favorable to regional development. China's food and beverage business is likely to undergo significant changes in order to address issues such as economic inequity and urbanization, among others. North America is predicted to be the fastest growing region during the forecast period 2021- 2026 owing to growing ingredients consumption.

Bulk Food Ingredients Market - Drivers

The Growing Convenience Food Demand Globally:

The demand for convenience food has been steadily increasing as customers' spending power has increased, and their living habits have become busier. Bakery food goods, fast food goods, and desserts have all seen a surge in demand as a result of this increased convenience food need. The rise in demand for convenience meals can be seen more prominently in developing countries, as per capita food expenditure rises in tandem with per capita income. The Global Bulk Food Ingredients Industry is driven by bulk food ingredients such as herbs and spices, and sweeteners that go into supplying the food with key organoleptic qualities as well as offering the food product with a longer than normal shelf life to appeal to customers.

Bulk Food Ingredients Market - Challenges

High Initial Investment:

Bulk food ingredients processors confront a variety of issues, including maximizing available space, managing various storage temperatures, and responding to fast stock turnover while preserving hygiene and product traceability. A major aspect that could hinder the Global Bulk Food Ingredients is the high initial expenditure necessary to enter the market.

Bulk Food Ingredients Market Landscape:

Product releases, mergers and acquisitions, joint ventures, and international expansion are among the key strategies employed by the Global Bulk Food Ingredients Market. Tate & Lyle PLC, Olam International, Cargill Incorporated, Ingredion Incorporated, Associated British Foods plc, EHL Ingredients, DMH Ingredients, Archer Daniels Midland Company and Community Foods Limited are among the top ten companies in the Global Bulk Food Ingredients market.

Acquisitions/Product Launches:

In January, 2020, Archer Daniels Midland Company acquired Brazil-based natural ingredients manufacturer Yerbalatina Phytoactives. This acquisition will expand company growth at global level.

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1. Bulk Food Ingredients Market - Overview
    1.1 Definitions and Scope
2. Bulk Food Ingredients Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Bulk Food Ingredients Market - Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis– Key Companies
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis- Average Price
4. Bulk Food Ingredients Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Bulk Food Ingredients Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Bulk Food Ingredients Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Bulk Food Ingredients Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Bulk Food Ingredients Market – By Type (Market Size –$Million/$Billion)
    8.1 Nuts
    8.2 Herbs and Spices
    8.3 Oilseeds
    8.4 Sweeteners
    8.5 Grains, Pulses & Cereals
    8.6 Tea, Coffee & Cocoa
    8.7 Others
9. Bulk Food Ingredients Market – By Application (Market Size –$Million/$Billion)
    9.1 Food
        9.1.1 Bakery Products
        9.1.2 Snacks & Spreads
        9.1.3 Ready Meals
        9.1.4 Confectionery Products
        9.1.5 Others
    9.2 Beverages
        9.2.1 Alcoholic Beverages
        9.2.2 Non-Alcoholic Beverages
        9.2.3 Hot Beverages
        9.2.4 Cold Beverages
10. Bulk Food Ingredients Market – By Distribution Channel (Market Size –$Million/$Billion)
    10.1 Supermarkets and Hypermarkets
    10.2 Convenience Stores
    10.3 Specialty Stores
    10.4 E-Commerce
    10.5 Others
11. Bulk Food Ingredients Market - By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Bulk Food Ingredients Market - Entropy
13. Bulk Food Ingredients Market – Industry/Segment Competition Landscape Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Competition Matrix
        13.1.5 Best Practices for Companies
14. Bulk Food Ingredients Market – Key Company List by Country Premium Premium
15. Bulk Food Ingredients Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Market Segmentation Market 2023-2030 ($M)
1.1 By Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Primary processed bulk food ingredients Market 2023-2030 ($M)
1.1.2 Secondary processed bulk food ingredients Market 2023-2030 ($M)
1.2 By Application Market 2023-2030 ($M) - Global Industry Research
1.2.1 Bakery Market 2023-2030 ($M)
1.2.2 Confectionery Market 2023-2030 ($M)
1.2.3 Snacks spreads Market 2023-2030 ($M)
1.2.4 Ready meals Market 2023-2030 ($M)
1.3 Competitive Landscape Market 2023-2030 ($M) - Global Industry Research
1.3.1 Most Active Companies Market 2023-2030 ($M)
2.Global Market Segmentation Market 2023-2030 (Volume/Units)
2.1 By Type Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 Primary processed bulk food ingredients Market 2023-2030 (Volume/Units)
2.1.2 Secondary processed bulk food ingredients Market 2023-2030 (Volume/Units)
2.2 By Application Market 2023-2030 (Volume/Units) - Global Industry Research
2.2.1 Bakery Market 2023-2030 (Volume/Units)
2.2.2 Confectionery Market 2023-2030 (Volume/Units)
2.2.3 Snacks spreads Market 2023-2030 (Volume/Units)
2.2.4 Ready meals Market 2023-2030 (Volume/Units)
2.3 Competitive Landscape Market 2023-2030 (Volume/Units) - Global Industry Research
2.3.1 Most Active Companies Market 2023-2030 (Volume/Units)
3.North America Market Segmentation Market 2023-2030 ($M)
3.1 By Type Market 2023-2030 ($M) - Regional Industry Research
3.1.1 Primary processed bulk food ingredients Market 2023-2030 ($M)
3.1.2 Secondary processed bulk food ingredients Market 2023-2030 ($M)
3.2 By Application Market 2023-2030 ($M) - Regional Industry Research
3.2.1 Bakery Market 2023-2030 ($M)
3.2.2 Confectionery Market 2023-2030 ($M)
3.2.3 Snacks spreads Market 2023-2030 ($M)
3.2.4 Ready meals Market 2023-2030 ($M)
3.3 Competitive Landscape Market 2023-2030 ($M) - Regional Industry Research
3.3.1 Most Active Companies Market 2023-2030 ($M)
4.South America Market Segmentation Market 2023-2030 ($M)
4.1 By Type Market 2023-2030 ($M) - Regional Industry Research
4.1.1 Primary processed bulk food ingredients Market 2023-2030 ($M)
4.1.2 Secondary processed bulk food ingredients Market 2023-2030 ($M)
4.2 By Application Market 2023-2030 ($M) - Regional Industry Research
4.2.1 Bakery Market 2023-2030 ($M)
4.2.2 Confectionery Market 2023-2030 ($M)
4.2.3 Snacks spreads Market 2023-2030 ($M)
4.2.4 Ready meals Market 2023-2030 ($M)
4.3 Competitive Landscape Market 2023-2030 ($M) - Regional Industry Research
4.3.1 Most Active Companies Market 2023-2030 ($M)
5.Europe Market Segmentation Market 2023-2030 ($M)
5.1 By Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Primary processed bulk food ingredients Market 2023-2030 ($M)
5.1.2 Secondary processed bulk food ingredients Market 2023-2030 ($M)
5.2 By Application Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Bakery Market 2023-2030 ($M)
5.2.2 Confectionery Market 2023-2030 ($M)
5.2.3 Snacks spreads Market 2023-2030 ($M)
5.2.4 Ready meals Market 2023-2030 ($M)
5.3 Competitive Landscape Market 2023-2030 ($M) - Regional Industry Research
5.3.1 Most Active Companies Market 2023-2030 ($M)
6.APAC Market Segmentation Market 2023-2030 ($M)
6.1 By Type Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Primary processed bulk food ingredients Market 2023-2030 ($M)
6.1.2 Secondary processed bulk food ingredients Market 2023-2030 ($M)
6.2 By Application Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Bakery Market 2023-2030 ($M)
6.2.2 Confectionery Market 2023-2030 ($M)
6.2.3 Snacks spreads Market 2023-2030 ($M)
6.2.4 Ready meals Market 2023-2030 ($M)
6.3 Competitive Landscape Market 2023-2030 ($M) - Regional Industry Research
6.3.1 Most Active Companies Market 2023-2030 ($M)
7.MENA Market Segmentation Market 2023-2030 ($M)
7.1 By Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Primary processed bulk food ingredients Market 2023-2030 ($M)
7.1.2 Secondary processed bulk food ingredients Market 2023-2030 ($M)
7.2 By Application Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Bakery Market 2023-2030 ($M)
7.2.2 Confectionery Market 2023-2030 ($M)
7.2.3 Snacks spreads Market 2023-2030 ($M)
7.2.4 Ready meals Market 2023-2030 ($M)
7.3 Competitive Landscape Market 2023-2030 ($M) - Regional Industry Research
7.3.1 Most Active Companies Market 2023-2030 ($M)

LIST OF FIGURES

1.US Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
2.Canada Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
3.Mexico Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
4.Brazil Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
5.Argentina Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
6.Peru Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
7.Colombia Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
8.Chile Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
9.Rest of South America Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
10.UK Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
11.Germany Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
12.France Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
13.Italy Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
14.Spain Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
15.Rest of Europe Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
16.China Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
17.India Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
18.Japan Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
19.South Korea Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
20.South Africa Global Bulk Food Ingredients Market Revenue, 2023-2030 ($M)
21.North America Global Bulk Food Ingredients By Application
22.South America Global Bulk Food Ingredients By Application
23.Europe Global Bulk Food Ingredients By Application
24.APAC Global Bulk Food Ingredients By Application
25.MENA Global Bulk Food Ingredients By Application