Bouillon Cubes Market Size Leading Growth Drivers, Future Estimation, and Industry Outlook 2030


 Bouillon cubes are savory liquids available in a cube format. These cubes are also known as broth cubes and stock cubes. They are being made in vegan and vegetarian formats. They are used as a flavoring agent in various dishes and contain hydrogenated fat, salt, seasoning, dehydrating vegetables or meat. The global bouillon cubes market report by Market Research Future (MRFR) contains drivers, factors, and drawbacks to be faced by players during the period between 2019 and 2024 (forecast period).

Market Scope

The global bouillon cubes market is expected to touch a value of USD 6.45 billion by 2030. It is expected to exhibit a CAGR of 4.82% from 2022 to 2030. The long shelf life of the product is expected to drive global market growth. The rising working population has induced the need for instant food or on-the-go foods which can be prepared quickly using stock cubes. High demand for instant noodles, instant pasta, and soups is expected to drive the bouillon cubes market demand till 2024.

Rise of veganism has created the need for flavoring agents for the population preferring to not consume non-vegetarian food. The large growing vegan population can provide tremendous opportunities to the global bouillon cubes market. The rich nutritious content of stock cubes and their ingredient content of vitamins, minerals, and proteins coupled with the consumer demand for healthy foods can bode well for stock cube manufacturers.

Inclination of consumers to defer from the use of refrigerators for storage and new lifestyle changes of customers can spur the global bouillon cubes market growth.

Segmentation

The global Bouillon Cubes Market Overview is segmented by type and distribution channel.

By distribution channel, it is segmented into store-based and non-store-based. The store-based segment is further segmented into convenience stores, supermarkets & hypermarkets, and others. The store-based segment can capture a significant share of the global bouillon cubes market due to a majority of customers preferring to shop for their daily needs at convenience stores. Wide availability of products as well as a wide range of choices can drive the segment demand in the global market. On the other hand, the non-store-based segment can command a heavy market share as well due to ecommerce stores offering lucrative offers on foods.

By type, it is segmented into vegetable, beef, chicken, fish, and others. Beef cubes is predicted to dominate the market demand followed by chicken cubes. The vegetable cubes segment is predicted to capture a significant share of the global bouillon cubes market due to the growing popularity of veganism. In addition, preference for vegetarian food among the urban crowd in North America can drive the demand for vegetable cubes.

Regional Analysis

Europe, Asia Pacific (APAC), North America, and Rest-of-the-World (RoW) are regions covered in the global bouillon cubes market report.

Europe is predicted to dominate the global bouillon cubes market till 2024 due to large consumption of foods containing stock cubes. The trend witnessed of growing veganism in the region can contribute to the global market growth.

North America is expected to account for a significant Bouillon Cubes Market Size and share in the market due to consumption of instant foods and fast foods by the populace at large. The U.S. in particular can drive the market growth due to a large working pool and high expendable income levels of consumers.

The APAC is predicted to exhibit the highest growth rate during the forecast period due to expansion plans of several players in the region.

Competitive Outlook

Nestlé S.A., Ariake Group, Bell Food Group, Bou Brands LLC, International Dehydrated Foods, Inc., Hormel Foods, Premier Foods plc, Unilever, Kraft Heinz Company, and Jiande Jianxing Condiment Co Ltd are prominent players of the global bouillon cubes market.

Related Reports:

Organic Coconut Water Market information: by Type (Pure and Mixed), by Packaging Type (Cartons, Bottles, and Others), by Distribution Channel (Store-based and Non-store-based) and by Region (Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa) - Global Forecast till 2027 - https://www.marketresearchfuture.com/reports/organic-coconut-water-market-7563

Wasabi Market Research Report: Information by Product Type (Powder, Paste and Sauces, Others), Packaging Type (Bottles and Jars, Tubes, Pouches and Sachets, Others), Distribution Channel (Store-Based, Non-Store-Based) and Region - Forecast till 2030 - https://www.marketresearchfuture.com/reports/wasabi-market-7841

Natural Antimicrobials Market Research Report: Information by Source (Plants, Animals, Microorganisms), Application (Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Snacks, Meat Products, Oils & Fats, Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027 - https://www.marketresearchfuture.com/reports/natural-antimicrobials-market-5545

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com/

Comments

Post a Comment

Popular posts from this blog

Organic Spices Market Overview, Size, Competitive Landscape, Revenue Analysis 2030

Image
  Market Overview The organic spices market is expected to experience a CAGR of 6.7% during the forecast period (2023-2030), increasing from USD 0.9 billion to USD 1.3 billion. The rise in several health-conscious consumers and the increase in awareness regarding the health benefits associated with the consumption of organic spices are the two main factors driving the global organic food & beverages market. North America and Europe are the dominant regions in consuming different types of organic food products. It is attributable to a rise in per-capita income and continuous product evolution from the manufacturers’ side in these regions. Furthermore, some food manufacturers have focused on availing their food products in organic form due to the rise in preferences for organic products.   They are available in different forms as per consumer preferences, i.e., powder, granular, and liquid, further expected to drive the Organic Spices Market Overview . Some non-p...
Read more

Catalyst Fertilizer Market Size, Product Launch, Major Companies, Revenue Analysis, Till 2030

Image
  Catalysts are vital in industrial production, constituting 60% of consumer and industrial products. They enhance chemical processes, boosting efficiency, output, and cost savings. Catalyst development focuses on improving activity, reducing environmental impact, and increasing longevity. The global catalyst fertilizer market is expected to reach $2.8 billion by 2023, growing at a CAGR of 2.56%. Fertilizer catalysts improve plant performance and efficiency while reducing emissions from production. The demand for fertilizer catalysts is rising due to increased production of ammonium and phosphate fertilizers, and innovation in ammonia production to reduce emissions. Market Dynamics MRFR (Market Research Future) claims that the Catalyst Fertilizer Market Size 2020 can accrue a strong valuation of 2,994.38 MILLION by 2030. MRFR’s extensive study also reveals that the market can expand t to burgeon at a rate of 3.2% from 2022 to 2030 (analysis period). We will provide COVID-19 i...
Read more

Fruit and Vegetable Processing Enzymes Market Size, Revenue, Key Players, Growth, Share and Forecast Till 2030

Image
  Market Analysis The market value of Fruit and Vegetable Processing Enzymes is expected to reach USD 75.69 billion by 2030, with a notable growth rate of 7.65% between 2022 and 2030. The global fruit and vegetable enzymes market is predicted to have an impressive growth over the estimated years (2022-2030). Enzymes are a crucial part of fruit & vegetable processing. It helps to increase yield, intensify juice color, shorten production times, clarify fruit juice and firm up fruit. Besides, it also helps in retaining the nutritional value and good flavor, boost the consistency and color of fruit applications, extend shelf life and reduce the danger of microbial spoilage. The extensive utilization of enzymes that are vegetable and fruit derived, found in the powdered or liquid form are used in diverse industries namely dietary supplements, pharmaceuticals, food and beverages and more. It has gained immense popularity amid manufacturers of diverse processed vegetables and frui...
Read more