North America region shows high profit in food ingredients market and its consumption is likely to rise in the region.
According to the report “North America Bulk Food Ingredients Market”, published by Market Data Forecast, the North America market projected to reach USD 97.71 billion by 2021, at a CGSR of 3.51% from 2016 to 2021.
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Some of the ingredients are experiencing very high growth but they start from a very small base. The bulk Ingredient market is gradually becoming very complexed, more fragmented, and a lot more niche.In the food ingredients industry has to go with numerous consumer trends in order to sustain on top in the market.
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This market is driven by factors such as quick urbanization, rise in consumer spending, upgraded standard of living of the consumers leading to rising demand for ready to eat food. Consumers have become more health aware and demand for healthy food with low cholesterol, low fat and low sugar is increasing.
Consumers demand food that is rich in protein and fiber content. These factors make the market prefer bulk food ingredients.
Similarly, growing health-awareness among consumers has led to rise in demand for bulk food ingredients.
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The North America Bulk Food Ingredients Market is segmented as following:
Based on Type:
- Primary Processed Food
- Grains & Seeds
- Herbs & Spices
- Secondary Processed Food
- Dry Fruits & Nuts
- Grains & Seeds
- Herbs & Spices
Based on Application:
- Ready Meals
- Bakery Products
- Confectionery Products
- Snacks & Spreads
The key players in North America Bulk Food Ingredients Market are Archer Daniels Midland Company (U.S.), Tate & Lyle PLC (U.K.), Associated British Foods plc (U.K.), Cargill Incorporated (U.S.), DMH Ingredients (U.S.), Olam International (Singapore), Ingredion Incorporated (U.S.), E.I. du Pont de Nemours and Company (U.S.), EHL Ingredients (U.K.), and Community Foods Limited (U.K.).
The North America Bulk Food Ingredients Market study offers the following deliverables:
- North America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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