Press release
Bulk Food Ingredients Market Set to Reach $463 Billion by 2030 Amid Strategic M&A Activities
Bulk Food Ingredients Market size was valued at USD 349.6 Billion in 2023 and the total Bulk Food Ingredients Market revenue is expected to grow at a CAGR of 4.1% from 2024 to 2030, reaching nearly USD 463.16 Billion by 2030.๐๐ฎ๐ฅ๐ค ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global bulk food ingredients market is on a trajectory of substantial growth, with projections indicating a rise from USD 349.6 billion in 2023 to approximately USD 463.16 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 4.1%. This expansion is driven by increasing consumer demand for ready-to-eat and processed foods, coupled with strategic mergers and acquisitions (M&A) across key regions.
๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/124758/
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
The surge in demand for convenient food options, such as ready-to-eat meals and frozen products, is a significant factor propelling the bulk food ingredients market. Rapid urbanization, industrialization, and evolving consumer lifestyles have further amplified this demand. Additionally, the growing number of fast-food establishments and in-store bakeries worldwide contributes to the market's expansion.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ฌ๐ญ ๐๐ง๐ ๐๐ฅ๐ข๐๐ค:https://www.maximizemarketresearch.com/request-sample/124758/
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ:
The industry has witnessed a series of strategic M&A activities aimed at enhancing product portfolios and expanding market reach:
Tate & Lyle's Acquisition of CP Kelco: In June 2024, British sweetener manufacturer Tate & Lyle announced the acquisition of U.S.-based CP Kelco for $1.8 billion. This move is set to bolster Tate & Lyle's specialty ingredients division, aligning with the rising consumer demand for plant-based products.
Glanbia's Purchase of Flavor Producers: In April 2024, Irish nutrition company Glanbia agreed to acquire U.S.-based Flavor Producers for an initial sum of $300 million. This acquisition aims to enhance Glanbia's nutrition platforms by integrating Flavor Producers' expertise in organic and natural ingredients.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
Several regions have experienced notable advancements in the bulk food ingredients sector:
Asia-Pacific: Countries like Vietnam, Thailand, Singapore, Japan, and South Korea are witnessing increased investments in food processing industries. The shift towards healthier and convenient food options has led to a surge in demand for bulk food ingredients. Collaborations between local producers and international companies are fostering innovation and expanding product offerings.
Europe: The European market is characterized by a strong emphasis on organic and natural food ingredients. Companies are investing in sustainable sourcing and production methods to meet stringent regulatory standards and cater to health-conscious consumers.
United States: The U.S. market continues to be a hub for innovation in bulk food ingredients, with a focus on plant-based and functional ingredients. Strategic acquisitions, such as those by Tate & Lyle and Glanbia, underscore the dynamic nature of the industry.
๐๐ฎ๐ฅ๐ค ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
Primary Processed
Secondary Processed
Primary and secondary processed goods make up the market. In terms of revenue, secondary processed food components led the global market in 2023. The conversion of raw resources into consumable goods is known as secondary processing. This technique involves combining meals in a particular way to change their characteristics. Confections, chocolate, drinks, cookies, artificial sweeteners, flavors, and extracts are examples of processed and packaged foods that use secondary processed components. Over the course of the projected period, the primary processed ingredient is expected to expand at the highest CAGR. Bulk conversion of raw resources into food ingredients is known as primary processing. Grain, pulses, cereals, tea, coffee, cocoa, herbs, and spices make up the majority of fundamental processed goods.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Ready Meals
Snacks & Spreads
Confectionery Products
Bakery Products
Others
๐๐ข๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ญ๐! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐๐ฎ๐ซ ๐๐๐๐ฉ๐๐ ๐ ๐๐จ๐ฐ:https://www.maximizemarketresearch.com/contact-us/
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The global bulk food ingredients market is poised for sustained growth, driven by evolving consumer preferences and strategic industry maneuvers. Companies are expected to continue exploring M&A opportunities to diversify their portfolios and strengthen their market positions. Advancements in food technology and a focus on sustainability are anticipated to further shape the industry's trajectory in the coming years.
๐๐ฎ๐ฅ๐ค ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1.Tate & Lyle PLC
2.Archer Daniels Midland Company
3.DuPont
4.Olam International
5.Cargill, Incorporated
6.Ingredion Incorporated
7.Associated British Foods plc
8.EHL Ingredients
9.DMH Ingredients, Inc.
10.Community Foods Limited
11.McCormick & Company, Inc.
12.The Source Bulk Foods
13.Essex Food Ingredients
14.The Green Labs LLC
15.Ingredients Inc.
16.GCL Food Ingredients
17.Pure Ingredients
18.Organic Partners International, LLC.
๐๐จ๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ? ๐๐๐๐๐ก ๐๐ฎ๐ญ ๐๐จ๐ฐ ๐๐จ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐๐ญ๐ข๐จ๐ง:https://www.maximizemarketresearch.com/request-sample/124758/
๐๐ฎ๐ฅ๐ค ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
The size and trends in the Bulk Food Ingredients market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/bulk-food-ingredients-market/124758/
๐๐จ๐ฎ๐ซ ๐๐ฅ๐ญ๐ข๐ฆ๐๐ญ๐ ๐๐ฎ๐ข๐๐: ๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
What is Bulk Food Ingredients?
What was the Bulk Food Ingredients market size in 2023?
Which are the factors expected to drive the Bulk Food Ingredients market growth?
Who are the leading companies and what are their portfolios in Bulk Food Ingredients Market?
What growth strategies are the players considering to increase their presence in Bulk Food Ingredients?
What are the upcoming industry applications and trends for the Bulk Food Ingredients Market?
What will be the CAGR at which the Bulk Food Ingredients market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Bulk Food Ingredients Market?
What are the different segments of the Bulk Food Ingredients Market?
What is the growth rate of the Bulk Food Ingredients Market?
What segments are covered in the Bulk Food Ingredients Market?
Who are the key players in the Bulk Food Ingredients market?
What are the key challenges and opportunities in the Bulk Food Ingredients market?
Which application holds the highest potential in the Bulk Food Ingredients market?
๐๐ฅ๐๐ฏ๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ค๐ง๐จ๐ฐ๐ฅ๐๐๐ ๐ ๐๐๐ฌ๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ซ๐๐๐๐ง๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ญ๐ซ๐๐ง๐๐ฌ ๐๐ฎ๐ซ๐๐ญ๐๐ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2023-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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