Allied Market Research

2024

Bulking Agents Market

Bulking Agents Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Food bulking agents are non-nutritive additives that increase the bulk (volume or weight) of food while maintaining its usability and functionality. An additive is a little amount of a chemical that is added to something to improve or maintain it. Bulking ingredients such as guar gum, psyllium husk, and starch are often employed. Food bulking ingredients include Carnuba Wax, Glycerin, Beta, Glucan, Mannitol, Maltitol, Polydextrose, Methylcellulose, and Pectin. Bulking agents, which are widely utilized in low-calorie meals, meal replacements, pastries, cereals, and most processed foods, can be used as a weight reduction tool since they provide fullness and reduce hunger. With the outbreak of the COVID-19 pandemic, the government imposed a severe lockdown, restricting residents' outside mobility. The demand for bulking agents has decreased as a result of a temporary halt in operations in restaurants, cafés, bakeries, and bars since they had no present necessity.

COVID-19 Impact Analysis

  • Due to the COVID-19 pandemic, there was a negative effect on the bulking agents market as the demand for bulking agents was decreased due to the unavailability of stocks and the distribution channels were disrupted. The companies couldn't receive the appropriate amount of raw materials in processing into the final bulking agent's products. 
  • Due to strict lockdown enforced by the government, the restaurants, bars, cafes, bakeries were closed which directly reduced the requirement for bulking agents for the processing of foods.
  • The government barred the importation of bulking agents since they were not a required product in the case of a pandemic.

Top Impacting Factors

  • Food product designers demand bulking agents that meet a growing number of standards, including health, fat content, and calorie management. The bulking agents Market is driven by the widespread use of bulking agents in slimming meals, drinks, bread goods, sauces, spices, and as a filler in vitamins. The major goal is to increase the amount of the product while maintaining its functionality and taste, its usability and efficacy rise dramatically.
  • More complex bulking agents have a high production cost, which is passed on to the end-user, placing this product out of reach for those with lesser disposable money. Though most additives are not dangerous, some might cause significant harm to the human body if consumed in high quantities or if a person is allergic to them. These issues are expected to limit the bulking agents market's growth.

Market Trends

The increasing trend of visiting restaurants and ordering online is expected to boost the bulking agents market

The rising customer preference for dining and ordering meals from restaurants, cafés, and other establishments is fueling the demand for bulking agents. Bulking agents are also widely used in restaurants, bakeries, and others where they may be found in cakes, frozen desserts, confectionery, colas, and beer. The bulking agents have many uses in small and large businesses that have been seeking ways to capitalize on current consumer and food trends to remain ahead of the competition. 

Online retailing is gaining popularity

The major manufacturers of bulking agents from all around the world are selling their products through an online platform. Manufacturing companies offer heavy discounts on sales of a product, making it a profit-making deal for the buyers. Due to the ongoing pandemic, the business had partially shifted from traditional to online. Currently, the manufacturing companies are creating their website for sales or coming into partnership with e-commerce giants to sell their products for example, India Mart is selling bulking agents in wholesale value. It is expected that in future, all the big players of the bulking agents market will shift their services online to boost their sales and reach more small & large scale businesses.

Key Benefits of the Report

  • This study presents the analytical depiction of the bulking agents industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bulking agents’ market share.
  • The current market is quantitatively analyzed to highlight the growth scenario of the bulking agents market.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market. 
  • The report provides a detailed bulking agents market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Bulking Agents Market Research Report

  • Which are the leading players active in the bulking agents market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?

Bulking Agents Market Report Highlights

Aspects Details
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By Product Type
  • Flavors & Enhancers
  • Antioxidants
  • Anticaking Agents
  • Emulsifiers
  • Acids
  • Sweeteners
  • Stabilizers
  • Humectants
  • Others
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By Application
  • Confectionary
  • Hotels
  • Homes
  • Snacks
  • Bakery
  • Diary & Frozen Products
  • Meat
  • Poultry
  • Seafood
  • Beverages
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Acroyali Co. Ltd.,, Sayona Colors Pvt Ltd.,, Abtab Rooyan Abnoos Co. Ltd.,, Ajinomoto Co. Inc., Associated British Foods Plc.,, Sumimoto Technologies Corporation.,, Adhya Biotech Limited.,, The Archer Daniels Midland Company.,, Ningbo Pangs Chem Co. Ltd.,, Zhenzhou Natural Chemical Co. Ltd.,

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Bulking Agents Market

Global Opportunity Analysis and Industry Forecast, 2023-2032