(Food-Beverage-News.Com, February 07, 2018 ) Market Data Forecast recently published a report on the “Global Bulk Food Ingredients Market “which estimates the market to grow from USD 375.8 billion from 2016 to USD 16.42 billion by 2021 with a high CAGR of 4.3%.
Bulk food ingredients are food components which are used in packaged, processed foods and ready to eat foods like confectionery items, biscuits, beverages, chocolates, etc. The bulk food ingredients include grocery items like, artificial sweeteners, sugars, coffee and tea extracts, nuts and seeds, spices and herbs, dry fruits, dehydrated vegetables, wheat and rice among others. These food ingredients are purchased in bulk or huge quantities from the wholesale supplier and brought in to the retail stores. The factors responsible for the growth of this market are rapid urbanisation, increasing disposable income, increasing demand of food products and increasing population. The companies in bulk food ingredients are focusing on expansions, new launches and acquisitions, thereby driving the market for bulk food ingredients. Additionally, rising health-consciousness among consumers has led to an augmented demand for health and wellness products.
The products are segmented based on application and type and are studied for a deep-level understanding of the global Bulk Food Ingredients Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Application: • Ready Meals • Bakery Products • Confectionery Products • Snacks & Spreads • Others.
Based on geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Bulk Food Ingredients Market. For more of regional analysis, check out the following reports.
Asia-Pacific Bulk Food Ingredients Market Europe Bulk Food Ingredients Market Middle-East and Africa Bulk Food Ingredients Market North America Bulk Food Ingredients Market Latin America Bulk Food Ingredients Market.
The leading companies in the bulk ingredients market are Tate & Lyle PLC (U.K.), Associated British Foods plc. (U.K.), Ingredion Incorporated (U.S.), Cargill Incorporated (U.S.), DMH Ingredients (U.S.), Olam International (Singapore), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), EHL Ingredients (U.K.), and Community Foods Limited (U.K.)
Scope of the report The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated. The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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