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Bulk Food Ingredients Market Research
Report Size, Analysis, till 2028


Bulk
Food Ingredients Market

Bulk
Food Ingredients Market size
is expected to touch USD 1,201 Million by
2028, exhibiting a CAGR of 4.5% over the forecast period (2021-2028). Bulk food
ingredients are the ingredients purchased directly from wholesalers in bulk and
are used in ready-to-eat, processed, and baked items.

Growth in the bulk food ingredients market is driven by the
expansion in packaged food and beverage industry, rising research and
development activities, and increasing product innovation to introduce
high-quality products. Also, a surge in demand for ready-to-eat food products
such as biscuits and chocolates and an increase in the number of cafes that
purchase a huge quantity of food ingredients from wholesale suppliers will
bolster the market growth. Growing health concerns and incidences of lifestyle
diseases have increased the adoption of healthy foods and have bolstered the
market growth. For example, in 2021, Agthia Group, an Abu Dhabi-based food and
beverages company, adopted Nabil Foods, a processed meat producer, to help
Agthia to enter the processed protein industry to expand its convenience food,
flour, bottled water, dates, and animal feed businesses. However, the unstable
prices of raw materials, inadequate storage, and infrastructural facilities are
some of the major factors restraining the Bulk
Food Ingredients market
growth.

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Bulk Food Ingredients Market

By Type, Herbs & spices are projected to witness a
faster CAGR over the forecast period owing to their usage in various beverages,
meat products, and frozen foods. With the growing consumption of processed
food, the demand for herbs and spices has grown. For instance, Coca-Cola, in
Aug 2019, introduced a new cinnamon-flavored coke in the U.K.

Key Developments:

In April 2021, Olam Food Ingredients procured Olde Thompson,
a prominent US private-label spices and seasonings producer, at an enterprises
value of US$950 million.

In Feb 2021 – Tate & Lyle PLC purchased 85% shareholding
in Chaodee Modified Starch Co., Ltd, to help Tate & Lyle PLC expand its
tapioca food starch segment in the Asia Pacific market.

Bulk Food Ingredients Market Segmentation:

Bulk
Food Ingredients Market by Type

·        
Primary Processed

o  
Grains & Seeds

o  
Herbs & Spices

o  
Sugar

o  
Salt

o  
Oilseeds

o  
Nuts

o  
Others

·        
Secondary Processed

o  
Dry Fruits & Nuts

o  
Processed Grains & Seeds

o  
Flour

o  
Processed Herbs & Spices

o  
Sugar & sweeteners

o  
Sea Salt

o  
Others

Bulk
Food Ingredients Market by Application

·        
Ready Meals

·        
Bakery Products

·        
Confectionery Products

·        
Snacks & Spreads

·        
Other

Bulk
Food Ingredients Market by Region:

·        
Asia Pacific

o  
China

o  
Japan

o  
India

o  
Rest of APAC

·        
North America

o  
United States of America

o  
Canada

·        
Europe

o  
United Kingdom

o  
Germany

o  
France

o  
Spain

o  
Rest of Europe

·        
RoW

o  
Brazil

o  
South Africa

o  
Saudi Arabia

o  
UAE

About GMI
Research

GMI Research is a market research and consulting firm which provides
market insights and intelligence across 12 major sectors helping our clients in
making effective investment and business decisions.













































































































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Contact Person: Sarah Nash

Email: enquiry@gmiresearch.com

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