Bulk Food Ingredients Market worth $1,008.1 billion by 2026 - Exclusive Report by MarketsandMarkets - Seite 2

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The Asia Pacific region is projected to witness the highest growth in the bulk food ingredients market by 2026.

As food processing investments in Asia Pacific are increasing, the rise in the utilization of bulk food ingredients in processed food is projected to drive the market growth in the coming years. The expansion of the middle-class population in Asian countries is projected to support the growth of the bulk food ingredients market in the region. In addition, the processed food market in the region witnesses a high demand, wherein consumer preferences constantly change due to rapid urbanization, diet diversification, and the liberalization of foreign direct investment in the food sector. Food items, such as breakfast snacks & cereals, infant formula, confectionery products, and bakery products, are widely consumed in this region and have intrinsic properties of functional food & beverages, which makes consumers receptive to products that have bulk food ingredients in them.

Key players:

Key players in this market include Tate & Lyle PLC (UK), Archer Daniels Midland Company (US), DuPont (US), Olam International (Singapore), Cargill, Incorporated (US), Ingredion Incorporated (US), Associated British Foods plc (UK), EHL Ingredients (UK), DMH Ingredients, Inc. (US), and Community Foods Limited (UK). Some of the other players include McCormick & Company, Inc. (US), The Source Bulk Foods (Australia), Essex Food Ingredients (US), The Green Labs LLC (US), Ingredients Inc. (US), GCL Food Ingredients (UK), Pure Ingredients (Dublin), and Organic Partners International, LLC (US).

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