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Bulk Ingredients Market Size, Share, Forecast, & Trends Analysis by Product Type (Herbs & Spices, Nuts, Oilseeds, Sugar & Sweeteners, Edible Oil), Category (Secondary, Primary), Form (Solid, Liquid), Application (Food, Beverages) - Global Forecast to 2032
Report ID: MRFB - 1041450 Pages: 225 Feb-2025 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 Hours Download Free Sample ReportThe growth of bulk ingredients market is primarily driven by the growth in industrial food manufacturing, increasing number of eateries and cafes, developing global supply chain, and increasing demand for specialized ingredients. Moreover, the consumer shift towards natural and organic ingredients and increasing preference for healthy and nutritional diets are expected to create market growth opportunities.
The bulk ingredients market is fueled by increasing food manufacturing. The growth in industrial food manufacturing can be attributed to increasing production demands, technological advancements, and globalization. For instance, the U.S. food manufacturing sector contributed approximately $203.5 billion to the GDP in 2023, which indicated growth in industrial food manufacturing. As industrial food manufacturing increases, manufacturers look for ingredients to purchase in bulk, which drives the growth of the bulk ingredients market.
Additionally, the growing health and wellness trend among consumers prompts manufacturers to innovate their food products such as incorporating organic, natural and plant-based ingredients into their products. This trend drives the demand for increase in manufacturing of food products which results in growth of purchase of bulk ingredients such as herbs and spices, whole grains, natural sweeteners and nuts by manufacturers since consumers seek healthy alternatives. This helps drive the growth of the bulk ingredients market.
In recent years, the natural and organic food industry has seen a surge due to the increasing demand for natural food options. Amid rising concerns over consumer health, they are prioritizing organic, clean-label ingredients in their food products. This shift is driving demand for organic grains, oils, pulses, herbs and spices. As consumers seek products that align with sustainability and ethical farming, there is a surge for organic and locally sourced ingredients. For instance, in 2022 consumer shift to organic and natural foods drove the demand for organic food in Canada, where 23% of Canadians purchased more organic products compared to the previous year. As consumer demand of natural and organic ingredients increases, manufacturers purchase of organic ingredients in bulk increases, which provides an opportunity for growth in bulk ingredients market.
Based on product type, the bulk ingredients market is segmented into herbs and spices, grains, pulses and cereals; tea, coffee and cocoa; nuts; oilseeds; sugar and sweeteners; edible oil; and others. In 2025, the herbs and spices segment are expected to account for the largest share of the overall bulk ingredients market.
The growing popularity of diverse cuisines and functional food that use herbs and spices as major components fuels demand for herbs and spices. This category benefits from the expanding trend of homemade and natural cooking, as customers seek high-quality bulk ingredients for culinary and health objectives. Furthermore, the usage of herbs and spices in pharmaceuticals, cosmetics, and nutritional supplements contributes to their dominance in the bulk ingredients industry.
In 2025, the Asia-Pacific region is estimated to account for the largest share of the global bulk ingredients market.
The substantial share of this region in the global bulk ingredients market is primarily driven by high demand for food and beverages with natural ingredients in the region, growing preference for convenience foods, industrial growth, and greater investments in the food sector. With a diverse array of ingredients available, the demand for bulk ingredients in the Asia-Pacific region is projected to continue rising in the coming years.
This region is also slated to register the highest CAGR during the forecast period of 2025–2032 due to increasing health awareness, technological advancements in food sector, rapid urbanization, rising presence of local and multinational manufacturers in the market, and growing demand for natural ingredients in various food products, which are also enabling more food manufacturers to invest in bulk ingredients.
The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years.
The key players profiled in the global Bulk Ingredients market report are Archer Daniels Midland Company (U.S.), Olam Group International (Singapore), Community Foods Limited (U.K.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), E.I. du Pont de Nemours and Company (U.S.), Cargill Incorporated (U.S.), Associated British Foods Plc (U.K.), Essex Food Ingredients (U.S.), McCormick & Company, Inc (U.S.), The Green Labs LLC (U.S.), Sweegen Inc (U.S.), Sudzucker AG (Germany), Wilmar International Ltd (Singapore), Grain Millers, Inc (U.S.), and GrainCorp Limited (Australia), among others.
Particulars |
Details |
Number of Pages |
225 |
Format |
|
Forecast Period |
2025–2032 |
Base Year |
2024 |
CAGR |
4.5% |
Market Size |
USD 497.10 Billion by 2032 |
Segments Covered |
By Product Type
By Category
By Form
By Application
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., Spain, Italy, France, , and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa) |
Key Companies |
Archer Daniels Midland Company (U.S.), Olam Group International (Singapore), Community Foods Limited (U.K.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), E.I. du Pont de Nemours and Company (U.S.), Cargill Incorporated (U.S.), Associated British Foods Plc (U.K.), Essex Food Ingredients (U.S.), McCormick & Company, Inc (U.S.), The Green Labs LLC (U.S.), Sweegen Inc (U.S.), Sudzucker AG (Germany), Wilmar International Ltd (Singapore), Grain Millers, Inc (U.S.), and GrainCorp Limited (Australia). |
The global bulk ingredients market size was valued at $349.15 billion in 2024.
The bulk ingredients market is projected to grow from $364.47 billion in 2025 to $xx billion by 2032.
The bulk ingredients market analysis indicates significant growth, reaching $497.10 billion by 2032, at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2032.
The key companies operating in the global bulk ingredients market include Archer Daniels Midland Company (U.S.), Olam Group International (Singapore), Community Foods Limited (U.K.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), E.I. du Pont de Nemours and Company (U.S.), Cargill Incorporated (U.S.), Associated British Foods Plc (U.K.), Essex Food Ingredients (U.S.), McCormick & Company, Inc (U.S.), The Green Labs LLC (U.S.), Sweegen Inc (U.S.), Sudzucker AG (Germany), Wilmar International Ltd (Singapore), Grain Millers, Inc (U.S.), and GrainCorp Limited (Australia) among others.
A prominent market trend in bulk ingredients is the rising adoption of clean-label products.
By product type, the herbs and spices segment is forecasted to hold the largest market share.
By category, the secondary processed segment is to dominate the market
By form, the solid segment is expected to dominate the market.
By application, the food segment is to dominate the market.
By region, Asia-Pacific will hold the largest share of the global bulk ingredients market in 2025. Moreover, this region is expected to witness the fastest growth, driven by large population resulting in high demand for food and beverages, growing preference for convenience foods, industrial growth, and greater investments in the food sector.
The primary drivers of bulk ingredients market growth include the increasing demand for convenience foods, increasing number of eateries and cafes, increasing working population, and changing consumer lifestyle.
Published Date: Jan-2025
Published Date: Jan-2025
Published Date: Jan-2025
Published Date: Jan-2025
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