North America Bulk Food Ingredients Market

North America Bulk Food Ingredients Market Size (2024 To 2029)

The size of the North America bulk food ingredients market is expected to be worth USD  300.69 billion in 2024 and grow at a CAGR of 3.93% from 2024 to 2029 to achieve USD 364.59 billion by 2029.

North America region shows high revenue in the food ingredients market and its consumption is likely to grow in the region. Some of the ingredients are experiencing very high growth but they start from a very small base. The bulk Ingredient market is gradually becoming more fragmented, very complexed and a lot more niche. In the food ingredients industry has to go with changing consumer trends in order to sustain on top in the market.

This market is driven by factors such as a rise in consumer spending, quick urbanization, the upgraded standard of living of the consumers leading to the growing demand for ready to eat food. Consumers have become more health aware and the demand for healthy food with low fat, low cholesterol, and low sugar is increasing. Consumers demand food that is rich in fiber and protein content. These factors are persuading the market for bulk food ingredients. Similarly, growing health awareness among consumers has led to an augmented demand for bulk food ingredients.

This research report on the North America bulk food ingredients market is segmented and sub-segmented into the following categories.

North America Bulk Food Ingredients Market By Type

• Primary Processed Food
  • Grains & Seeds
  • Herbs & Spices
  • Sugar
  • Salt
  • Oilseeds
  • Nuts
  • Others
• Secondary Processed Food              
  • Dry Fruits & Nuts
  • Grains & Seeds
  • Flour
  • Herbs & Spices
  • Sugar
  • Salt
  • 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. 

North America Bulk Food Ingredients Market By Application

• Ready Meals          
• Bakery Products   
• Confectionery Products     
• Snacks & Spreads 
• Others       

North America Bulk Food Ingredients Market By Region

• US
• Canada
• Rest of North America

The USA is the leading market globally in terms of revenue followed by Canada.

KEY MARKET PLAYERS

Major Key Players in the North America Bulk Food Ingredients Market are Tate & Lyle PLC (U.K.), Associated British Foods plc (U.K.), Ingredion Incorporated (U.S.), Cargill Incorporated (U.S.), DMH Ingredients (U.S.), Olam International (Singapore), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), EHL Ingredients (U.K.), and Community Foods Limited (U.K.)