Latin America Bulk Food Ingredients Market size was worth USD 49.06 billion in 2021 and estimated to be growing at a CAGR of 4.8%, to reach USD 61.75 billion by 2026. Bulk food ingredients offer numerous useful purposes while making each variety of food products.
Bulk ingredients are treated as supplies that are sold in large volumes to large food producing companies and food handling industries. The initiatives were taken for the past few years in building advance competencies, establishing technical proficiency, refining customer management, refurbishing operating systems, and constructing infrastructure in the Latin America region, which has formed a broader built and advanced quality business with solid structural long term growth predictions. Purchasing in bulk also has practical and environmental benefits that permit us to buy just what is needed and decrease or eradicate wasteful packaging. The cost associated with the storage of bulk food is acting as a restrain for the market.
Latin America market for bulk food ingredients is divided by type into Primarily processed food and Secondary processed food. Primarily processed food is mainly bifurcated into Grains & Seeds, Herbs & Spices, Sugar, Salt, Oilseeds, Nuts, and Others. Secondary processed food is segmented into Dry Fruits & Nuts, Grains & Seeds, Flour, Herbs & Spices, Sugar, Salt, and Others. Based on application bulk food ingredients market is segregated as Ready Meals, Bakery Products, Confectionery Products, Snacks & Spreads, and Others. Herbs & Spices segment is estimated to grow at the highest CAGR during the forecast period due to the growing demand for healthy products among customers.
Geographically the Latin America Bulk Food Ingredients Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Mexico is dominating the Latin American market and is expected to continue its dominance over the forecast period.
Key Players in the Market:
Major Key Players in the Latin America Bulk Food Ingredients Market are
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Primary Processed Food
5.1.1.1 Grains & Seeds
5.1.1.2 Herbs & Spices
5.1.1.3 Sugar
5.1.1.4 Salt
5.1.1.5 Oilseeds
5.1.1.6 Nuts
5.1.1.7 Others
5.1.2 Secondary Processed Food
5.1.2.1 Dry Fruits & Nuts
5.1.2.2 Grains & Seeds
5.1.2.3 Flour
5.1.2.4 Herbs & Spices
5.1.2.5 Sugar
5.1.2.6 Salt
5.1.2.7 Others
5.2 By Application
5.2.1 Ready Meals
5.2.2 Bakery Products
5.2.3 Confectionery Products
5.2.4 Snacks & Spreads
5.2.5 Others
6. Geographical Analysis
6.1 Introduction
6.2 Brazil
6.3 Mexico
6.4 Argentina
6.5 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Tate & Lyle PLC
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Associated British Foods plc
8.3 Ingredion Incorporated
8.4 Cargill Incorporated
8.5 DMH Ingredients
8.6 Olam International
8.7 E.I. du Pont de Nemours and Company
8.8 Archer Daniels Midland Company
8.9 EHL Ingredients
8.10 Community Foods Limited
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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