Hyderabad, India -- (SBWire) -- 02/19/2018 --The report " Bulk Food Ingredients Market by Type (Primary Processed (Grains & Seeds, Herbs & Spices, Sugar, Salt, Oilseeds, Nuts and Others) and Secondary Processed (Dry Fruits & Nuts, Grains & Seeds, Flour, Herbs & Spices, Sugar, Salt and Others), by Application (Ready Meals, Bakery Products, Confectionery Products, Snacks & Spreads and Others), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", The Genomics market share is estimated to increase from $375.8 billion to $463.85 billion by 2021, with a CAGR of 4.3%. The increase in the global demand for packaged convenience food is the main driver behind the market growth.
Browse through 218 Pages and in-depth TOC on "Genomics Market "
https://www.marketdataforecast.com/market-reports/global-bulk-food-ingredients-market-879/ Early buyers will receive 10% customization on reports.
Under Type, the Herbs & Spices segment predicted to have highest growth rate in future
On the basis of Type, the market is broadly categorized into Primary Processed and Secondary Processed ingredients. Each segment has further sub segments like Fruits & Nuts, Grains, Sugar, Salt and Flour. The Herbs & Spices segment is forecast to have the highest growth rate in this segmentation of the market. Growing disposable income for the public globally and technological advancements in the food packing industry act as the key drivers behind the market growth.
By Application, Ready Meals expected to have the highest growth rate by 2021
Customized Report: https://www.marketdataforecast.com/market-reports/global-bulk-food-ingredients-market-879/customize-report
Under Application, the Bulk Food Ingredients market is segmented into Ready Meals, Bakery Products, Confectionery Products, Snacks & Spreads and Others. In this segment, Ready Meals category is estimated to have the highest growth rate, owing to the rising working population, both women and men, globally. Rising health consciousness all over the world has also led to the demand for better quality food ingredients globally, which has led to market growth.
Asia-Pacific to be fastest growing market segment globally till 2021
Request Sample: https://www.marketdataforecast.com/market-reports/global-bulk-food-ingredients-market-879/request-sample
Geographically, the market is studied as North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa regions. In the year 2016, Asia-Pacific possessed the leading market share, both in terms of value and volume. This domination is reasoned with increasing disposable income of the working population in the developing countries like India and China in this region.
The leading companies in the bulk ingredients market are Cargill Incorporated (U.S.), DMH Ingredients (U.S.), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), Olam International (Singapore), Tate & Lyle PLC (U.K.), Associated British Foods plc (U.K.), Ingredion Incorporated (U.S.), EHL Ingredients (U.K.), and Community Foods Limited (U.K.).
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Related Link:
https://www.marketdataforecast.com/market-reports/global-customized-premix-market-986/
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
