Press release
Bulk Food Ingredient Market Top Manufacturers Insights, Industry Share, Growth Rate Analysis by Regions Forecast to 2033
Bulk Food Ingredient Market
Key industry players like Olam Food Ingredients and Archer-Daniels-Midland Company are capitalizing on this movement. Olam Food Ingredients' acquisition of Olde Thompson for over USD 950 million in April 2021 highlights a commitment to sustainable and value-added products. Similarly, Archer-Daniels-Midland's 2020 acquisition of Brazilian Yerbalatina Phytoactives expands its portfolio of plant-based ingredients, offering innovative organic extracts and supplements.
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The European bulk food ingredients market is projected to grow significantly, fueled by the popularity of packaged and processed foods. Consumers are showing heightened interest in natural flavors, novel preservatives, and low-fat, low-carb products. This mirrors global trends, where increasing concerns over cardiovascular diseases, diabetes, and obesity are encouraging healthier eating habits, reducing consumption of junk food, alcohol, and meat-based diets.
Driving Forces Behind Market Expansion
Growing Health Awareness: In North America and Europe, nutrient-rich products such as grains, oilseeds, and nuts are seeing heightened demand. These ingredients, particularly valued for their role in promoting healthy childhood development, are increasingly featured in end-use applications like bakery goods, dairy products, snacks, and ready meals.
Innovation in Sustainability: Tate & Lyle PLC introduced a sustainability initiative in July 2021 to promote stevia production in Dongtai, China. By training farmers in improved agricultural methods, this program aims to enhance environmental outcomes while elevating the financial viability of plant-based sweeteners.
Support for Functional Ingredients: Bakery and confectionery manufacturers are integrating functional components such as probiotics and fortified grains to meet growing consumer demand for health-conscious options. This shift is particularly evident in Asia-Pacific, where awareness of clean-label products and processed bakery goods continues to rise.
Challenges Hindering Growth
While the outlook is positive, the bulk food ingredients market faces significant challenges related to infrastructure and storage. Issues such as insufficient post-harvest management, inadequate transportation facilities, and improper storage conditions result in substantial food losses. The Food and Agricultural Organization (FAO) estimates that one-third of all food produced globally-worth approximately USD 936 billion-is wasted annually.
In developing regions like India, post-harvest losses account for up to 10% of grain and oilseed production. A lack of storage facilities exacerbates this problem, underscoring the need for investments in better infrastructure and supply chain management to unlock the full potential of this growing market.
Bulk Food Ingredient Top Companies and Competitive Landscape
Numerous small and medium-sized businesses, as well as a number of well-established organisations, define the market. Top worldwide firms, including Cargill, Incorporated, Archer-Daniels-Midland Company, Bunge Limited, Associated British Foods plc, Tate & Lyle, and Olam worldwide, however, control the majority of the market.
In February 2023, Cargill furthered its goal to expand its edible oil line and reach South India by announcing the introduction of Gemini Pureit in Karnataka. The Gemini Pureit brand will be available for purchase at a number of sites in the four Southern states of Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu.
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Some of the key companies in the global Bulk Food Ingredient market include:
Archer Daniels Midland Company (US)
International Flavours & Fragrances Inc. (US)
Olam Group (Singapore)
Cargill, Incorporated (US)
Ingredion (US)
Associated British Foods plc (UK)
Tate & Lyle PLC (UK)
EHL Ingredients (UK)
Batory Foods (US)
Graincorp (Australia)
Community Foods (UK)
McCormick & Company, Inc. (US)
The Source Bulk Foods (Australia)
Essex Food Ingredients (US)
Subnutra (India)
Bulk Food Ingredient Latest Industry Updates
In January 2023, The Owensboro Grain Company, a refinery and soybean processing plant in Owensboro, Kentucky, was fully acquired by Cargill, Incorporated. In order to fulfil the growing demand for oilseeds in the food, feed, and renewable fuel industries, Cargill will intensify its efforts to expand capacity throughout its North American oilseeds network with the acquisition of Owensboro Grain Company.
In June 2022, ADM (US) and Bayer AG (Germany) collaborated to develop and execute a sustainable crop protection approach for Indian soybean farmers in Maharashtra. ADM cluster agronomist teams in soybean markets will receive regular training from Bayer as part of this partnership. Additionally, Bayer will provide a crop protection solution for all soybean and pulse crops.
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Bulk Food Ingredient Market Segmentation Analysis
Primary Processed Type Outlook (Revenue, USD Billion; 2020-2033)
Nuts
Oilseeds
Grains, Pulses, & Cereals
Herbs & Spices
Sugar
Tea, Coffee, & Cocoa
Salt
Other Types
Secondary Processed Type Outlook (Revenue, USD Billion; 2020-2033)
Dry Fruits & Processed Nuts
Vegetable Oil
Processed Herbs & Spices
Processed Grains, Pulses and Cereals
Sugar & Sweeteners
Tea, Coffee, and Cocoa
Flours
Sea Salt
Other Types
Distribution Channel Outlook (Revenue, USD Billion; 2020-2033)
Direct from Manufacturers
Distributors
Application Outlook (Revenue, USD Billion; 2020-2033)
Food Products
Bakery Products
Confectionery Products
Snacks & Spreads
Ready Meals
Other Food Applications
Beverages
Alcoholic Beverages
Non-Alcoholic Beverages
Hot Beverages
Cold Beverages
Geography Outlook (Revenue, USD Billion; 2020-2033)
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Benelux
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Bulk Food Ingredient Market Size@ https://www.emergenresearch.com/industry-report/bulk-food-ingredient-market/market-size
Bulk Food Ingredient Market Share@ https://www.emergenresearch.com/industry-report/bulk-food-ingredient-market/market-share
Bulk Food Ingredient Market Trends@ https://www.emergenresearch.com/industry-report/bulk-food-ingredient-market/market-trends
Bulk Food Ingredient Regional Market Demand@ https://www.emergenresearch.com/industry-report/bulk-food-ingredient-market/regional-market-demand
Bulk Food Ingredient Market Analysis@ https://www.emergenresearch.com/industry-report/bulk-food-ingredient-market/market-analysis
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