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Global Bulk Food Ingredients Market Growth Prospects, Future Industry Landscape 2031 | Tate & Lyle PLC, Archer Daniels Midland Company, DuPont, Olam International, Cargill Incorporated, Ingredion Incorporated

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The global bulk food ingredients market report by the business research company identifies growing demand for convenience food products to be a major growth driver for the bulk food ingredients market. Convenience foods are processed foods that are ready-to-eat, commonly served in restaurants or sold at grocery stores, and include snacks and frozen foods. They can be cooked with a minimum or no effort in preparation. Convenience foods are commercially prepared and use bulk food ingredients as raw materials. These are more suitable for travelers and people who are unacquainted with cooking. For instance, according to the Institute of Food Technologists, a US-based scientific society of professionals engaged in food science and food technology, U.S. snack sales were up 5% in the first half of 2021 when compared with 2020. Also, in 2021, the sales of frozen novelties were up 26% and refrigerated lunch product sales grew by 36.4%. Therefore, growing demand for convenience food products is driving the growth of the bulk food ingredients market.

The global bulk food ingredients market size is expected to grow from $644.55 billion in 2021 to $701.74 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The bulk food ingredients market is expected to reach $864.85 billion in 2026 at a CAGR of 5.4%.

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North America was the largest region in the bulk food ingredients market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bulk food ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the bulk food ingredients market are Tate & Lyle PLC, Archer Daniels Midland Company, DuPont, Olam International, Cargill Incorporated, Ingredion Incorporated, Associated British Foods plc, Bunge Limited, DMH Ingredients Inc., Community Foods Limited, The Source Bulk Foods, Essex Food Ingredients, Ingredients Inc., GCL Food Ingredients, and Organic Partners International LLC.

The global Bulk Food Ingredients market is segmented -
1) By Type: Primary Processed Bulk Food Ingredients, Secondary Processed Bulk Food Ingredients
2) By Application: Ready Meals, Bakery Products, Confectionery Products, Snacks and Spreads, Other Applications
3) By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce, Others Distribution Channels

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The Bulk Food Ingredients Market Report Contents Include
1. Executive Summary
2. Bulk Food Ingredients Market Characteristics
3. Bulk Food Ingredients Market Trends And Strategies
4. Bulk Food Ingredients Market - Macro Economic Scenario
5. Bulk Food Ingredients Market Size And Growth
....
27. Bulk Food Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bulk Food Ingredients Market
29. Bulk Food Ingredients Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Bulk Food Ingredients market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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