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 pene...