Press release
Bouillon/Stock Cubes Market Expansion to be Persistent During 2017 - 2025
Bouillon/stock cubes market are witnessing maximum growth owing to rise in demand for flavoring agents in food, increasing acceptance of processed food, frequently launch of flavored foods, long term storage ease of bouillon cubes, and expanding demand for ready to eat food due to the busy lifestyle. Moreover, bouillon/stock cubes save cooking time, inexpensive, and enhance the food taste are some of the factors that can boost the demand for bouillon/stock cubes over the forecast period.
However, the alternative to bouillon/stock cubes, people allergic to some flavored food, changing consumer preference, not quality product compared to stock canned coupled with continuous focus on food safety enhance quality standards and stringent government policies may hamper the growth of bouillon/stock cubes market in near future.
Bouillon/Stock Cubes Market: Region-wise Outlook
Depending on the geographic region, bouillon/stock cubes market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and Middle East & Africa. North America dominates the bouillon/stock cubes market followed by Europe owing to high consumption of beef, chicken and other products, the presence of local manufacturer’s demand of multiple flavors food, and the presence of major players in these regions.
Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of expanding demand for the processed food, increasing consumption of meat products, changing people lifestyle, and hectic schedule lead to ready-to-eat food products are some of the factors which strengthen the growth of bouillon/stock cubes market throughout the forecast period.
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Bouillon/Stock Cubes Market: Key Players
Some players of bouillon/stock cubes market are Unilever N.V., Anhui Goodday Food Co., Ltd., OXO International, Ltd., Nestlé S.A., Goya Foods, Inc., Hormel Foods Corporation, Royal Wessanen N.V., Caldos del Norte S.L., Pampa Foods Ltd., and National Foods Company srl.
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