A recent report published by Infinium Global Research on the
bouillon and stock cubes market provides an in-depth analysis of segments and
sub-segments in the global as well as regional bouillon and stock cubes market.
The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional bouillon and stock cubes market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global bouillon and stock cubes
market. According to the report, the global bouillon and stock cubes market is
projected to grow at a CAGR of 4.3% over the forecast period of 2019-2025.
Bouillon and stock cubes are dehydrated edible items. These
cubes are used to add typical base flavor to different types of food products
such as stews, sauces, and soups. These are made from different types of
vegetables, fat, meat stock, salt, seasoning, and other ingredients.
Additionally, these cubes are mainly used for seasoning purposes. These
products are easy to prepare and can be served quickly. Further, these are easy
to store for the long term, which is boon for cold region countries, where
people face extremely cold temperatures and are unable to cultivate grain,
vegetables, poultry, and other animals for consumption purposes.
The growing health consciousness among the millennial
consumers and simultaneously increasing disposable income is helping to grow the
demand of the bouillon and stock cubes market around the world. Further, rising
health awareness and high inclination towards functional foods among the
consumers are providing a growing demand for the market. Moreover, the growing
working population coupled with inclination towards conventional foods owing to
a busy lifestyle is helping to grow the demand of the bouillon and stock cubes
market. However, the availability of several substitutes is affecting the
growth of the market around the world. Increasing globalization and influx of
MNC in the developing countries with their different type of bouillon and stock
cubes is expected to boost the demand for these products in the near future.
North America holds the largest share of the bouillon and
stock cubes market, owing to the presence of a number of companies engaged in
the production of the bouillon and stock cubes based products. Further, the
growing consumption of bouillon and stock cubes among the population provides a
growing demand for the bouillon and stock cubes market in this region. The
Asia-Pacific region is growing with a healthy CAGR for the bouillon and stock
cubes market due to shifting consumer preference of foreign food products.
The report on the global bouillon and stock cubes market
covers segments such as type, application, and product type. On the basis of
type, the sub-markets include cubes, granules, powder, paste, and other types.
On the basis of application, the sub-markets include soups and sauces, pastas
and noodles, curry, and other applications. On the basis of product type, the
sub-markets include vegetable, fish, meat, and other products.
The report provides profiles of the companies in the market
such as Morga AG, Southeastern Mills Inc, Integrative Flavors, Proliver, Goya
Foods, Henningsen Foods, Kraft Heinz Company, Hormel Foods Corporation,
McCormick & Company, and Unilever plc.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the bouillon
and stock cubes market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.