Asia-Pacific Bulk Food Ingredients Market Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

“Asia-Pacific Bulk Food Ingredients Market" research report published by Market Data Forecast estimates that the market is growing with a CAGR of 5.1% to reach USD 154.26 billion by 2021, from USD 120.26 billion in 2016, which amounts to a cumulative growth of USD 34 billion.

Bulk food ingredients are food components that are used in packaged, processed foods and ready to eat foods like confectionery items, beverages, chocolates, biscuits, etc. The bulk food ingredients also include grocery items like, artificial sweeteners, coffee and tea extracts, sugars, spices and herbs, nuts and seeds, dry fruits, dehydrated vegetables, wheat and rice among others.

These food ingredients are purchased in bulk or huge quantities from the wholesale supplier and brought in to the retail stores. The product is mainly used to deliver improved and long preservation time for ready to eat products, treated food, fried foods and bakery & confectioneries. The trend of bulk food ingredients has changed the overall market structure in the Asia-Pacific region, people from all age groups are consuming these products

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The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Bulk Food Ingredients Market bearing either positive or negative outcomes. Some of those factors are

• An increase in population,

• Altering lifestyle patterns, and

• Growing urbanization.

• Lack of awareness among consumers in this region

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For granular level understanding, the Asia-Pacific Micro Irrigation Systems Market is segmented based on Primary processed food and Secondary processed food each being provided with Market Size Estimations and Y-o-Y Forecasts. Primary processed food is mainly bifurcated into Grains & Seeds, Herbs & Spices, Sugar, Salt, Oilseeds, Nuts and Others. Secondary processed food is segmented into Dry Fruits & Nuts, Grains & Seeds, Flour, Herbs & Spices, Sugar and Salt. Based on application bulk food ingredients market is segregated as Ready Meals, Bakery Products, Confectionery Products and Snacks & Spreads. Herbs & Spices segment is estimated to grow at the highest CAGR during the forecast period due to growing demand for healthy products among customers.

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On the basis of geography, the Asia-Pacific Bulk Food Ingredients Market is segmented into the countries China, India, Japan, South Korea and Australia. China and India are anticipated to grow fast due to increase in population in these countries.

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The leading companies in the bulk ingredients market are Tate & Lyle PLC (U.K.), Associated British Foods plc (U.K.), Ingredion Incorporated (U.S.), Cargill Incorporated (U.S.), DMH Ingredients (U.S.), Olam International (Singapore), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), EHL Ingredients (U.K.), and Community Foods Limited (U.K.). Asia-Pacific is the leading market in terms of both volume and value in the year 2016 owing to increasing disposable income and growing population in this region.

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The Asia-Pacific Bulk Food Ingredients Market report offers wide-range of scope:

• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries

• Know more about key areas of industry growth via detailed Segment-level analysis on basis of Primary processed food and Secondary processed food with market size forecasts and y-o-y estimations

• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics

• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics

• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

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