The global bulk food ingredients market size is estimated to be valued at USD 808.9 billion in 2021. It is projected to reach USD 1,008.1 billion by 2026, recording a CAGR of 4.5% during the forecast period. The change in perception of people pertaining to processed foods and the technological innovations in bulk food ingredient processing techniques have led to an increase in demand for processed products, and subsequently to the growth of the bulk food ingredients market.

Key players in this market include Tate & Lyle Plc. (UK), Cargill, Incorporated (US), Archer Daniels Midland Company (US), Olam International (Singapore), DuPont (US), and Ingredion Incorporated (US).

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The herbs & spices is the fastest-growing segment product type during the forecast period. Key factors such as the increase in consumer preference for healthy food products, production of bulk food ingredients, import of bulk food ingredients and ease of availability, demand for natural/clean label products, and preference for convenience food products due to busy lifestyles is projected to drive the demand for bulk food ingredients.

The convenience food sector is driven by the changing lifestyle and preferences of consumers. The increase in urbanization, disposable income, and improved lifestyles encouraged the growth of the packaged food market globally. Packaged food products are no longer preserved in developed regions. The increase in hectic lifestyles among consumers leads to less cooking time from scratch. Packaged food products that can be consumed on the go are a major trend that companies are capitalizing on by identifying the needs and tastes of consumers in different regions. Key players in the global packaged food market are now gaining nearly as much revenue from developing economies as they are from developed ones. Recently, according to the survey conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), due to the steep rise in the prices of vegetables, people are turning to ‘quick-fix solutions’ by purchasing packaged food products.

The demand for the usage of food ingredients is projected to grow at a moderate rate in established countries, such as Japan and Germany, due to the increase in aging population, while the exponential growth is projected to be witnessed in new and emerging markets of other Asia Pacific countries, due to the rise in population and demand for food products. In addition, Asia provides cost advantages in terms of production and processing. The demand for food ingredients is projected to remain high in developed markets, such as North America and Europe. Developing countries, such as China and India, are projected to witness a surge in demand for food ingredients in the coming years.

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The bulk food ingredients market, in terms of distribution channel method, was dominated by direct manufactuerers. Investments in R&D activities for the development of new products and solutions in the bulk food ingredients market are projected to drive the market growth. The number of research projects on processed & convenience foods is increasing globally. The production of bulk food ingredients is projected to be influenced by the increase in R&D activities for processed & convenience foods.

The demand for bulk food ingredients is projected to increase in the Asia Pacific region due to key factors, such as the rise in disposable income and urbanization in countries such as China, India, and Japan. Furthermore, the rise in consumer awareness about the benefits of clean/natural label products in Asian countries is projected to offer growth opportunities to food & beverage manufacturers. However, high price volatility and unstable agricultural supply are the key factors that are projected to inhibit the market growth. In addition, improper infrastructural facilities, such as warehousing, act as a challenge for market players.

The global hydroponics crop market is estimated to be valued at USD 37.7 Billion in 2022 and is projected to reach USD 53.4 Billion by 2027, recording a CAGR of 7.2%. The hydroponic system market is valued at USD 12.1 Billion and is projected to reach USD 25.1 Billion by 2027. Hydroponic technology is an efficient alternative to the rising concerns on food security and shrinking arable land since it allows growers to cultivate crops even in the absence of soil. One of the major drivers is that hydroponics provides higher yield compared to traditional agricultural techniques, owing to the increase in harvest cycles. Furthermore, hydroponics eliminates artificial ripening agents and pesticides, which helps create nutritionally superior vegetable products.

The Asia Pacific is among the key regions for the hydroponics system market, driven by concerns over climate change, food security, and the demand for cleaner produce. Asia Pacific is projected to reach USD 6,922.2 million by 2027 growing at a CAGR of 16.4% during the forecast period in hydroponics system market. As the climate across the Asia Pacific, especially in Southeast and Western Asia, is conducive to the growth of different types of crops, different countries observe varying agricultural conditions in crop rotation and seasonal produce. In China, Rice and vegetable seedlings were grown in China using modern hydroponic methods as early as the 1970s. The "Lu-SC" hydroponics technology, created by researchers at Shandong Agricultural University (SAU) around this time, was utilized to grow greenhouse vegetables in the Xinjiang and Shengling oil fields. Countries in the region seek to expand their agricultural production capacities to meet regional demand and enhance their export capabilities.

Among types, the liquid systems segment is projected to grow at the highest CAGR in the overall hydroponics market during the study period. Liquid systems are closed systems; the plant roots are exposed to the nutrient solution without any growing medium, and the solution is recirculated and reused. Liquid hydroponic systems can be effective for fast growth and large yield since plants have direct access to oxygen and food in the form of functional mineral compounds.

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Based on equipment, the LED grow light segment is forecasted to be the fastest growing segment. Hydroponic LED grow lights are artificial lights that aid in the growth of plants by attempting to mimic the sun lights’ whole spectrum or by adjusting the light spectrum to the demands of the plant in a grow room. When operating enough of them to support a full indoor farm, led grow lights tend to use less energy than certain regular bulbs. They are also made to be cold to the touch, so if they come into contact with any leaves, they won't burn them.

Based on crop type, fruits are forecasted to grow at a higher CAGR in the market during the study period. Fruits grown using hydroponics can be cultivated and harvested throughout the year due to the interior conditions of the greenhouse or indoor farming unit. Water-adaptable fruits such as watermelons, cantaloupes, and tomatoes are among the ideal choice for farmers as they are easier to grow using hydroponic methods.

On the basis of farming methods, the indoor segment is projected to account for larger market share in the global hydroponics market. Indoor farming allows strict control of lighting, temperature, pH, and other climatic factors. Due to this, selected crops can be grown of the growers’ choice all year around. LED light-based indoor farming is usually done in small spaces such as in the apartment, cellar, garage or anywhere in the house or office. Hence, end consumers can install systems directly, allowing them access to fresh vegetables, fruits, and other crops. Natural light-based indoor farming is usually done in greenhouses. The larger space in greenhouses allows the use of different hydroponic systems. Vertical towers or long gutter gardens can be built on the sides of sheds are good examples. These are nearly impossible to do well in an LED light-based indoor environment. They will grow, yet they require a large growing area and will need illumination from a horizontal position.

The global specialty yeast market size is estimated to be valued at USD 3.2 billion in 2022 and is projected to reach USD 4.6 billion by 2027, recording a CAGR of 7.0% in terms of value. Specialty yeasts are natural ingredients that are used for enhancement of flavor and nutritional profile in food products. The various types of specialty yeast products are yeast extracts, yeast autolysates, yeast beta-glucan, and other yeast derivatives such as yeast flavor enhancers, yeast saccharides and yeast pigments. Specialty yeasts are obtained from a range of different species such as Saccharomyces cerevisiae, Kluyveromyces, Pichia pastoris and other species such as Torulaspora delbrueckii, Metschnikowia fructicola, and Candida queretana. Specialty yeasts find a range of applications across various food, beverage and feed industries because they offer a rich nutritional profile and enhance the taste and flavorings for food, beverage and feed products. Specialty yeasts also find extensive applications across other industries such as healthcare, biotechnology, bioethanol, personal care and cosmetics because of their nutritive and antioxidant characteristics.

The Europe region accounted for the largest market share in the global specialty yeast market. The region is also projected to witness significant growth due to presence of several local and key players in the region. The region has a high consumption rate of alcoholic beverages and convenience snacks which are significant contributors to the growth of specialty yeast industry in the region.

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Based on type, yeast extracts accounted for the largest market share in the overall specialty yeast market. Yeast extract is a completely natural ingredient that offers a rich source of amino acids, carbohydrates, minerals and vitamins. Yeast extracts cater to a large range of food applications and offer a strong taste and flavor profiles across a host of food products such as soups, sauces, meat preparations and other savory mixes.

Amongst species, Saccharomyces cerevisiae dominates the specialty yeast market in 2021. They are one of the most frequently used yeast species because of their desirable characteristics of being able to withstand stressful conditions and robustness. Along with that, Saccharomyces cerevisiae also offers other important characteristics such as high fermentation efficiency, rapid growth rate, effective usage of sugar, the ability to produce ethanol, tolerance to high ethanol concentrations, and ensuring cell activity in acidic environments due to which they find extensive applications in yeast extracts that are used across a wide range of industries to produce bread, wine, soy sauce and beer.

Based on application, food application accounted for the largest and fastest growing segment in the specialty yeast industry because of the wide applicability of specialty yeasts in various food products such as bakery products, functional foods, savory products and other food applications such as soups, snacks, food flavors, sauces and seasonings.

The global food blenders & mixers market size is estimated to account for nearly USD 7.2 billion in 2020 and projected to grow at a CAGR of 5.8%, to reach nearly USD 9.5 billion by 2025. The market for food blenders & mixers is been witnessing rise in demand, owing to the increase in consumption of processed foods and beverages in the global market. Consumers in the global market are increasingly preferring to consume prepared foods and beverages, owing to the rising income levels, longer working and commuting hours, and lack of sufficient time to cook and prepare delicious and healthy foods. According to the data given in a report published in 2018 by National Health and Nutrition Examination Survey, in between 2013 and 2016, over 36.6% of adults- approximately 85 million people consumed fast food in America. The percentage was higher for people between the ages of 20 and 39 (44.9%) and 40 and 59 (37.7%).

The beverage industry is witnessing an incrementally rising demand in the global market for blenders and mixers, by application, owing to the fact that mixing and blending is a vital part of beverage processing. Also, the European and North American markets have higher demands for beverages. Thus, beverage manufacturers in those regions invest in the mixing and blending equipment for gaining higher yields and volumes. The growing demand for functional beverages, requiring fortification of various nutritional ingredients in the final products, is expected to further bolster the demand for mixer and blender in the coming years.

Technological innovations in this market carried out by the key players provide not only faster mixing & blending and high precision, but also hygiene, which is one of the most important factors in this industry. These new processing technology developments give food & beverage processors the flexibility of choosing machines that can mix/blend with a wide range of functions such as weighing and cooling. Number of players operating in the food & beverage industry are still equipped with old facilities, which has traditional methods of processing, requires extensive human resource, and has limited output per unit of time. Owing to the growing demand for various food & beverage products, manufacturers in these industries are looking forward to equipping advanced production facilities with automated machineries and systems. Replacement of old processing equipment with advanced technologies will enhance the efficiency of these firms.

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Blenders & mixers are used to mix almost every ingredients in the food & beverage industry. However, there are certain ingredients that are difficult to mix with water. For instance, xanthan gum is commonly used for its thickening and stabilizing effect on emulsions and suspensions. However, xanthan gum forms a gel structure in water, which is shear thinning and can be used in combination with other rheology modifiers, such as guar gum as the two combine provides better effects. However, xanthan gum has certain difficulties in terms of mixing. The powder, when mixed with water, has a strong tendency to form lumps. A number of dispersion and hydration methods are used to overcome this. Thus, an advanced high shear mixer can be a solution for this, as it can produce an agglomerate-free dispersion and fully hydrate Xanthan gum in a fraction of the time compare to conventional methods. This kind of advanced blender & mixer equipment are providing opportunities for manufacturers to function in niche markets.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the food blenders & mixers market. The key players in this market include GEA Group Aktiengesellschaft (Germany), Tetra Laval International S.A. (Switzerland), Krones AG (Germany), SPX Flow Inc. (US), Marel HF (Iceland), Sulzer Ltd. (Switzerland), Buhler Industries Inc (Switzerland), John Bean Technologies Corporation (US), KHS GmbH (Germany), Hosokawa Micron Limited (Japan), Paul Mueller Co (US), Alfa Laval Corporate AB (Sweden), EKATO Holding GmbH (Germany), Philadelphia Mixing Solutions Ltd. (US), Diosna GmbH (Germany), Silverson Machines Inc. (United Kingdom), Fristam Pumps (US), Pentair PLC (The Netherlands), ARDE Barinco (US), and General Machine Company (GEMCo) (US).

The global collagen peptides market size is estimated to be valued at USD 631 million in 2021 and is projected to reach USD 828 million by 2026, recording a CAGR of 5.6% during the forecast period in terms of value. The demand for collagen peptides products is attributed by the significant increase in consumer inclination toward a healthy lifestyle and the rise in the demand for collagen peptides for medical applications is driving the overall collagen peptides market growth.

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