Allied Market Research

Increasing Demand for Bulk Food Ingredients Market in Coming Years

The market for bulk food ingredients is segmented into type, application and region. This market is driven by factors namely increase in consumer spending, rapid urbanization, improved standard of living of the consumers leading to increasing demand for ready to eat meals.


Portland, OR -- (SBWIRE) -- 07/22/2017 -- Consumers have become more health conscious and they demand healthy food with low fat, low cholesterol, low sugar. Consumers demand food that are rich in fiber and protein content. These factors are influencing the market for bulk food ingredients. Also, he increasing health-awareness among consumers has led to an increased demand for bulk food ingredients.

The companies in bulk food ingredients are focusing on expansions, new launches and acquisitions, thereby driving the market for bulk food ingredients. The drivers for this market include increasing disposable income, busy lifestyle, technological advancements, increasing working women population. Unstable agricultural supply has posed a challenge for bulk food manufacturers and producers.

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On the basis of type, the bulk food ingredients market is segmented into primary processed and secondary processed bulk food ingredients. Primary processed is further sub segmented into grains & seeds, herbs & spices, sugar, salt, oilseeds, nuts, and others. Secondary processed is further sub segmented into dry fruits & nuts, grains & seeds, flour, herbs & spices, sugar, salt, and others. Herbs & Spices segment is expected to grow at the highest CAGR during the forecast period owing to increasing demand for healthy products among consumers. Based on end use, the market is divided into alcoholic beverages and non-alcoholic beverages.

Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the largest market in terms of both volume and value in the year 2015 due to growing disposable income and increasing population in this region. Regional markets are further split into key countries in this study. The key strategies adopted by companies to expand are expansions, acquisition, and product launches. Key players of this market are E.I. du Pont de Nemours and Company, Ingredion Incorporated, Archer Daniels Midland Company, EHL Ingredients, DMH Ingredients, Community Foods Limited, Tate & Lyle PLC, Olam International, Cargill Incorporated among others.

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By Type

- Primary Processed
> Grains & Seeds
> Herbs & Spices
> Sugar
> Salt
> Oilseeds
> Nuts
> Others

- Secondary Processed
> Dry Fruits & Nuts
> Grains & Seeds
> Flour
> Herbs & Spices
> Sugar
> Salt
> Others

By Application

- Ready Meals
- Bakery Products
- Confectionery Products
- Snacks & Spreads
- Others

By Geography

- North America
- Europe
- Asia-Pacific