Market Overview:
The global bouillon cubes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing disposable income, and growing awareness about health and wellness. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into cubes, granules, powder, paste, and others. On the basis of application, the market is segmented into soups & sauces Pastas & noodles Curry Others .On the basis of region ,the global bouillon cubesmarketis dividedinto North America Latin America Europe Asia Pacific Middle East & Africa . Some ofthe key players in thismarket areAssociated British Foods plc (U.K.), Kerry Group plc (Ireland), Ajinomoto Co., Inc.
Product Definition:
Bouillon cubes are small, square pieces of dehydrated vegetables, herbs, and seasonings. They are used to make broth or bouillon by dissolving them in hot water. Bouillon cubes add flavor and nutrients to broth or soup.
Cubes:
Bouillon cubes market is expected to witness significant growth over the forecast period owing to increasing demand for ready-to-use products in the foodservice industry. Bouillon cubes are pre-cooked meat and poultry stock products that can be used as a substitute for homemade stock or water in any recipe. The bouillon cube product line includes various types of meat & poultry such as beef, chicken, pork & seafood.
Granules:
Granules are the dry particles that are used in bouillon cubes. Bouillon cubes is a food product, which consists of approximately 80% water and 20% protein. The granules or the dry particles that we offer can be added to any type of bouillon cube to improve its nutritional value as well as add taste without increasing the weight or volume of bouillon cube.
The granules have different functions in terms of size.
Application Insights:
Soups & sauces led the global bouillon cubes market in 2017, accounting for more than 35.0% share of the total revenue. The segment is expected to continue its dominance over the forecast period owing to increasing demand for soup and sauce products around the world, including at restaurants and food chains. In addition, growing product innovation by key industry players is likely to drive demand further.
The pastas & noodles segment accounted for a significant share of 29.9% in 2017 due largely to increased production of noodle products across various regions including Asia Pacific and North America as a result of population growth, urbanization along with climatic changes that have affected agriculture activities worldwide over recent years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from restaurants and food chains. The region is expected to maintain its dominance over the forecast period due to growing awareness about health benefits of bouillon cubes among consumers. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing rising number of international brands entering into this industry and increasing focus on healthy diet by consumers, especially in India and China. Furthermore, increasing adoption by individuals for making their own meals as well as adding taste & flavor components will drive the product demand further.
The U.S., being one of the most developed countries with high disposable income has been witnessing an increase in spending on food products that are convenient & easy for consumption such as ready-to-eat meals or single serve packets which require no cooking skills other than heating up (microwave oven).
Growth Factors:
- Increasing demand for convenience food: Bouillon cubes are a convenient way to add flavor to food, without having to prepare a sauce or broth from scratch. This convenience factor is driving demand for bouillon cubes, especially among busy urbanites.
- Rising popularity of Asian cuisine: Bouillon cubes are commonly used in Asian cuisine, and the popularity of this type of cuisine is growing around the world. As more people discover the flavors and benefits of Asian cuisine, they will also likely start using bouillon cubes more frequently.
- Growing interest in healthy eating: Bouillon cubes are often seen as a healthier alternative to other seasonings and condiments, such as salt or ketchup. This is because they contain less sodium and no added sugar or preservatives. As awareness of the health benefits of bouillon cubes grows, their popularity will continue to increase accordingly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bouillon Cubes Market Research Report
By Type
Cubes, Granules, Powder, Paste, Others
By Application
Soups & Sauces, Pastas & Noodles, Curry, Others
By Companies
Unilever, Nestle, Mars, Hormel Foods, Kraft Heinz Company, Ariake Group, Jiande Jianxing Condiment, Unilever
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Bouillon Cubes Market Report Segments:
The global Bouillon Cubes market is segmented on the basis of:
Types
Cubes, Granules, Powder, Paste, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Soups & Sauces, Pastas & Noodles, Curry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Unilever
- Nestle
- Mars
- Hormel Foods
- Kraft Heinz Company
- Ariake Group
- Jiande Jianxing Condiment
- Unilever
Highlights of The Bouillon Cubes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cubes
- Granules
- Powder
- Paste
- Others
- By Application:
- Soups & Sauces
- Pastas & Noodles
- Curry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bouillon Cubes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bouillon cubes are a type of bouillon that is made from beef, pork, or chicken. They are usually packaged in small cubes and can be used as a base for soups or sauces.
Some of the key players operating in the bouillon cubes market are Unilever, Nestle, Mars, Hormel Foods, Kraft Heinz Company, Ariake Group, Jiande Jianxing Condiment, Unilever.
The bouillon cubes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bouillon Cubes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bouillon Cubes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bouillon Cubes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bouillon Cubes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bouillon Cubes Market Size & Forecast, 2020-2028
4.5.1 Bouillon Cubes Market Size and Y-o-Y Growth
4.5.2 Bouillon Cubes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cubes
5.2.2 Granules
5.2.3 Powder
5.2.4 Paste
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Soups & Sauces
6.2.2 Pastas & Noodles
6.2.3 Curry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bouillon Cubes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bouillon Cubes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cubes
9.6.2 Granules
9.6.3 Powder
9.6.4 Paste
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Soups & Sauces
9.10.2 Pastas & Noodles
9.10.3 Curry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cubes
10.6.2 Granules
10.6.3 Powder
10.6.4 Paste
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Soups & Sauces
10.10.2 Pastas & Noodles
10.10.3 Curry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cubes
11.6.2 Granules
11.6.3 Powder
11.6.4 Paste
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Soups & Sauces
11.10.2 Pastas & Noodles
11.10.3 Curry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cubes
12.6.2 Granules
12.6.3 Powder
12.6.4 Paste
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Soups & Sauces
12.10.2 Pastas & Noodles
12.10.3 Curry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cubes
13.6.2 Granules
13.6.3 Powder
13.6.4 Paste
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Soups & Sauces
13.10.2 Pastas & Noodles
13.10.3 Curry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bouillon Cubes Market: Competitive Dashboard
14.2 Global Bouillon Cubes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unilever
14.3.2 Nestle
14.3.3 Mars
14.3.4 Hormel Foods
14.3.5 Kraft Heinz Company
14.3.6 Ariake Group
14.3.7 Jiande Jianxing Condiment
14.3.8 Unilever
