Middle East And Africa Bulk Food Ingredients Market

Middle East and Africa Bulk Food Ingredients Market Growth and Forecsast (2023 - 2028):

The MiddleEast and Africa Bulk Food Ingredients Market was worth USD 36.81 billion in 2022 and estimated to be growing at a CAGR of 4.06%, to reach USD 44.89 billion by 2028.

Market Overview;

Bulk food ingredients offer various valuable commitments 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.

As the trend is shifting towards urbanization, demand for processed food is increasing which is a big driver for industrial ingredients. There are remarkable growth breaks for bulk ingredient producers and processors, without difficulties such as weather, diseases, and bacterial contamination. The growth of clean label is providing substantial chances for many bulk ingredients as customers seek familiar and wholesome ingredients that are obtained from nature. Storage problems associated with bulk food are a major restrain for the market.

Middle East and Africa Bulk Food Ingredients Market Segmentation:

Middle-East and Africa markets for bulk food ingredients are 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. 

Middle East and Africa Bulk Food Ingredients Market Regional Insights:

Geographically the Middle East and Africa Bulk Food Ingredients Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. Africa is leading the bulk food ingredients market in this region while Middle-East is predicted to grow at a high rate in the coming years.

Key Palyers in the Market:

Major Key Palyers in the MEA Bulk Food Ingredients Market are

1. Tate & Lyle PLC (U.K.),
2. Associated British Foods plc (U.K.)
3. Ingredion Incorporated (U.S.)
4. Cargill Incorporated (U.S.)
5. DMH Ingredients (U.S.)
6. Olam International (Singapore)
7. E.I. du Pont de Nemours and Company (U.S.)
8. Archer Daniels Midland Company (U.S.)
9. EHL Ingredients (U.K.)
10. Community Foods Limited (U.K.)