World Bulk Food Ingredients Market to Post 4.2% CAGR to 2021, States M&M in Comprehensive Report Available at MarketPublishers.com
25 May 2016 • by Natalie Aster
LONDON – The value of the market for bulk food ingredients is forecast to amount to USD 472.10 billion by 2021, posting a 4.2% CAGR over the projected period. The growth driving factors include surging demand for convenience or packaged food & drink products and processed foods on the back of changing lifestyles of consumers, which in turn are poised to push up the demand for bulk food ingredients on a global level. The high potential for growth in emerging markets and untapped geographies offer novel growth opportunities for industry participants.
In terms of application areas, ready meals are set to gain good momentum registering the highest CARG. Factors like urbanisation, consumers’ busy lifestyles, and an increase indisposable income have boosted the demand for ready-to-eat or convenience foods.
The bulk food ingredients market is dominated by the APAC region. The economic upturn in China, Japan, India, Australia and New Zealand presents significant market investment opportunities for the food & drinks manufacturers to explore. These nations are poised to turn into leading regional markets that will likely stimulate the growth of the overall bulk food ingredients market in the short run.
Cargill Incorporated, E.I. du Pont de Nemours and Company, Tate & Lyle PLC Olam International, Community Foods Limited, Archer Daniels Midland Company, Ingredion Incorporated, EHL Ingredients, among others, are the dominant players in the marketplace.
In-demand research report “Bulk Food Ingredients Market” elaborated by M&M offers an in-depth analysis of the sector worldwide. The study provides granular market segmentation based on type and application, and provides detailed market size estimates and forecasts for the overall market and each discussed segment individually. A detailed geographical market analysis is provided, too. The study offers deep insights into the market drivers, limiters, opportunities and challenges; looks at the regulations and trading environment. It also includes a comprehensive analysis of the industry trends, supply chain, and also Porter's five forces analysis. The research work canvasses the competitive scenario alongside giving details about the top 10 industry players through business overview, product offerings and recent developments.
More studies by our market research partner can be found at M&M page.