Bulk Food Ingredients Market size is expected to reach USD 409.56 billion by 2028

 Bulk Food Ingredients Industry Overview

The global bulk food ingredients market size was valued at USD 303.88 billion in 2021 and is and is expected to expand at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2028.

 

The shift in consumer preference from artificial and pre-packaged foods to organic, natural, and simple ingredients, particularly in developed countries, is anticipated to influence market demand positively. Commodity/bulk ingredients are majorly final products such as flours and oils, wherein it is traded in high volumes with low-value addition to the final product. These products are procured in huge or bulk quantities from the wholesale supplier and brought into the convenience and retail stores.

 

Gather more insights about the market drivers, restrains and growth of the Global Bulk Food Ingredients Market

 

The European bulk food ingredients market is anticipated to grow significantly in upcoming years owing to the increased penetration of packaged & processed food products and the inclination of consumers to try new preservatives, sweeteners, flavor enhancers, natural flavors, and spices. Robust growth in low-carbohydrate and low-fat foods & beverages is further estimated to propel market growth.

 

Growing consumer consciousness of eating healthy food has boosted natural, organic, and functional food demand. Increasing health complications such as cardiovascular problems, obesity, and diabetes, predominantly among the youth, have driven a shift in dietary trends towards a nutritional and healthy diet and away from alcohol, junk food, and meat consumption. The factors mentioned above are driving the demand in the bulk food ingredients market.

 

The COVID-19 pandemic certainly changed the consuming and buying pattern of consumers in the bulk food ingredients market. Wherein sale through the online distribution channel and convenience store is increasing.

 

Browse through Grand View Research's Food Safety & Processing Industry Research Reports

  • Filling Machines Market: The global filling machines market size was valued at USD 8.88 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. 
  • Packaging Machinery Market: The global packaging machinery market size was estimated at USD 44.17 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. 

 

Key Companies Profile

Some of the key players operating in the global bulk food ingredients market include: 

  • Cargill, Incorporated
  • Archer-Daniels-Midland Company
  • Bunge Limited
  • Associated British Foods plc
  • Olam International
  • Tate & Lyle
  • DUPONT DE NEMOURS, INC
  • Essex Food Ingredients
  • Ingredients Inc.
  • Corbion
  • Koninklijke DSM N.V
  • EHL Ingredients
  • McCormick & Company, Inc
  • GCL Food Ingredients
  • Dmh Ingredients, Inc.

 

Order a free sample PDF of Bulk Food Ingredients Market Intelligence Study, published by Grand View Research.

 

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