Bulk Food Ingredients Market is Estimated to Grow at a CAGR of 4.2% by 2021
The Bulk Food Ingredients Market is projected to grow at a CAGR of 4.2% during the forecast period, to reach USD 472.10 billion by 2021. The market is driven by factors such as increasing demand for packaged or convenience food & beverage products and processed food products owing to changing consumer lifestyles, which in turn are expected to increase the demand for bulk food ingredients, globally.
Complete report on Bulk Food Ingredients Market spread across 242 pages, 10 profiling companies and supported with 173 tables and 88 figures is now available at http://www.rnrmarketresearch.com/bulk-food-ingredients-market-primary-processed-by-type-secondary-processed-by-type-by-application-food-bakery-confectionery-snacks-spreads-ready-meals-beverages-alcoholic-non-alcoholic-and-by-regi-st-to-2021-market-report.html .
Among the applications of bulk food ingredients, the ready meals segment is projected to grow at the highest rate in the global bulk food ingredients market. Factors such as busy consumer lifestyles, urbanization, and increased disposable incomes have led to an increased demand for ready to eat or convenience food products.
In the beverage application segment of the global bulk food ingredients market, the European region accounted for the largest share in 2015. Europe is the largest alcoholic beverage producer, globally accounting for one-fourth of the market share. There has been a significant increase in the demand for European ale, beer, wine, whiskey, and vodka made of bulk food ingredients such as barley, wheat, and rice, owing to their authentic taste and flavor.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given here Tier 1 (40%), Tier 2 (40%) and Tier 3 (20%) companies were contacted for interviews. The interviews were conducted with various key people such as C-Level (40%) and Director Level (20%) and Manager Level (40%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (12%), Europe (25%), APAC (50%) and Middle East (13%).
Leading players such as E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), Tate & Lyle PLC (U.K.), Olam International (Singapore), and Cargill Incorporated (U.S.) have been profiled in the report. The other players include Ingredion Incorporated (U.S.), Associated British Foods plc (U.K.), EHL Ingredients (U.K.), DMH Ingredients (U.S.), and Community Foods Limited (U.K.).
Ask for a discount before order a copy of Bulk Food Ingredients Market Primary Processed by Type, Secondary Processed by Type, by Application (Food (Bakery, Confectionery, Snacks & Spreads, Ready Meals), & Beverages (Alcoholic & Non-Alcoholic)), and by Region — Global Trends and Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=544798 .
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Food Fortifying Agents Market by Type (Minerals, Vitamins, Carbohydrates, Prebiotics, Probiotics, etc.), Application (Cereal & Cereal-Based Products, Fats & Oils, Bulk Food Items, Infant Formula, Dietary Supplements, Etc.), & by Region — Global Forecasts to 2020. The food fortifying agents market has grown rapidly in the last few years and is projected to reach a value of USD 69.8 billion in 2020 at a CAGR of 16.7% from 2015 to 2020. Now available at http://www.rnrmarketresearch.com/food-fortifying-agents-market-by-type-minerals-vitamins-carbohydrates-prebiotics-probiotics-etc-application-cereal-cereal-based-products-fats-oils-bulk-food-items-infant-formula-dietary-supplements-ts-to-2020-market-report.html .
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