PUBLISHER: Lucintel | PRODUCT CODE: 1416302
PUBLISHER: Lucintel | PRODUCT CODE: 1416302
The future of the global bulk food ingredients market looks promising with opportunities in the bakery and confectionery, snacks and spreads, and ready meals markets. The global bulk food ingredients market is expected to reach an estimated $486.4 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are preference among consumers, especially in industrialized nations shifting away from manufactured and pre-packaged foods towards organic, natural, and simple components, rising disposable income, and technological development.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global bulk food ingredients by type, category, application, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bulk food ingredients companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bulk food ingredients companies profiled in this report include-
Lucintel forecasts that secondary processed is expected to witness highest growth over the forecast period due to increasing demand for convenience foods and rising popularity of processed foods.
APAC is expected to witness highest growth over the forecast period because of rise in demand for food and drink in nations like China, Japan, India, Indonesia, Malaysia, and other Asian nations, rising disposable income, and improvement in living standard of people in the region.
Market Size Estimates: Bulk food ingredients market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bulk food ingredients market size by type, category, application, and region in terms of value ($B).
Regional Analysis: Bulk food ingredients market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, category, application, and regions for the bulk food ingredients market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bulk food ingredients market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the bulk food ingredients market size?
Answer: The global bulk food ingredients market is expected to reach an estimated $486.4 billion by 2030.
Q.2 What is the growth forecast for bulk food ingredients market?
Answer: The global bulk food ingredients market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the bulk food ingredients market?
Answer: The major drivers for this market are preference among consumers, especially in industrialized nations shifting away from manufactured and pre-packaged foods towards organic, natural, and simple components, rising disposable income, and technological development.
Q4. What are the major segments for bulk food ingredients market?
Answer: The future of the global bulk food ingredients market looks promising with opportunities in the bakery and confectionery, snacks and spreads, and ready meals markets.
Q5. Who are the key bulk food ingredients market companies?
Answer: Some of the key bulk food ingredients companies are as follows:
Q6. Which bulk food ingredients market segment will be the largest in future?
Answer: Lucintel forecasts that secondary processed is expected to witness highest growth over the forecast period due to increasing demand for convenience foods and rising popularity of processed foods.
Q7. In bulk food ingredients market, which region is expected to be the largest in next 5 years?
Answer:APAC is expected to witness highest growth over the forecast period because of rise in demand for food and drink in nations like China, Japan, India, Indonesia, Malaysia, and other Asian nations, rising disposable income, and improvement in living standard of people in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.