Foods & Ingredients Market

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Foods & Ingredients Market Insights and Forecasting

The processed food sector comprises trade of a variety of fruits and vegetables in frozen, canned, concentrate and dehydrated forms to ensure availability outside of market seasons for a huge range of food products, and nuts, spices and exotic ingredients are increasing in demand from changing consumer habits such as trends towards healthy eating.

Facts about the global Foods & Ingredients market

Turkey is the leading producer and exporter of hazelnuts, accounting for an estimated 80% of world supply.
Global trade of frozen fruit grew by 20% between 2014 and 2019 from just below 2 million tonnes to 2.5 million tonnes.
The most expensive fruit juice is currently passionfruit concentrate, at around $7,000 per tonne.
Vietnam and Brazil have gained substantial market share in the pepper market in last decade to become the largest exporters, leading current low prices due to huge carry-over stocks.
Global demand for processed tomato product is flat, growing at less than 1% per year.

Food and Ingredients Commodities Sectors

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Beverages

Processed fruit, in the form of concentrate, is largely used in the beverage manufacturing industry but can also be used in other sectors. Once further concentrated, it is used in the jams and flavouring industry, and as natural sweeteners.

Canned Products & Tomato

Processed food, mostly including fruit, vegetables and fish raw materials are used by the industry for canning and prolonging the shelf life of food products for consumers.

Dried Fruit and Nuts

The dried fruit and nuts market has always been key to the manufacturing of biscuits, cakes, sweets and confectionary.

Frozen Foods

The frozen fruit and vegetable market serves food service and industrial preparations, such as creating jams, ice cream, cereal mix and smoothies.

Fruit and Vegetables

Fresh fruit and vegetables are the raw material for many forms of processing: dried, dehydrated, frozen, canned and juice.

Spices and Exotics

The spices and exotics categories that sell in the highest volumes today include chilli, pepper, cardamom, vanilla, saffron, cloves, ginger and honey.

Food Additives

Processed food is in a state of constant change, including the various added ingredients such as antioxidants, emulsifiers, high-intensity, sweeteners, polyols, preservatives, and thickeners, which are heavily impacted by changing policy and regulation operating at a local and regional level.

Fresh Produce

Whether it is relatively short-term impacts such as the Covid-19 pandemic or long termer impacts of climate change and supply chain disruptions, the global procurement of fresh fruit and vegetables has rarely been more volatile than it is today.

Who we help

Trading and Finance

Calculating risk, understanding long-term market movements and responding to volatile price changes are key to your success. Stay ahead of the market with the widest range of global price forecasts and supply & demand data available.

Procurement and Manufacturing

Your company relies on you to make timely purchases to ensure the best price while avoiding excess stock or shortfalls. Keep on top of changing market conditions with our forecasts, price and production outlooks and wider agribusiness trend analysis.

Policy and Regulation

You are relied upon to stay abreast of the latest news and developments in order to respond quickly to questions from internal stakeholders and communicate relevant and accurate information. Analysis from journalists in Brussels and Washington helps you navigate regulation.

Solutions

At IHS Markit we offer market-leading food commodities information solutions via our Food and Agricultural Commodities Market Report and Economics services across 20,000+ datasets. We are specialists in offering comprehensive data and analysis across the global agricultural commodities and processed food markets, with current, short-term and long-term solutions to support all your operational needs.

Current market information

Food Commodities News

Our Food and Agricultural Commodities Market Reporting service is the market leader in updates and news on the agricultural commodity and processed food markets, with modular channel access available across the breadth of manufactured foods ranging from the fresh fruit and vegetable market to frozen, canned and concentrate processed variations, and dried fruit and nuts to spices and exotics. Coverage spans from pricing news and key trends impacting production to incoming legislation and geopolitical impacts to the market. An subscription, powered by IEG Vu, also includes access to a range of historic data tools covering pricing, trade volumes and production at a granular level.

Long-term market outlooks

Agriculture Forecasting

Our Agriculture Pricing and Purchasing Service enables supply chain cost savings with 10-year cost and price forecasts across all agricultural products and inputs, from edible food commodities to paper and plastic packaging and wages. Over 3,000 global data sets are available via a cost analyser platform that supports clients in understanding escalation rates to improve their business buying performance. Data can also be input into a cost modelling framework that breaks down input costs to manufactured food products.

Bespoke solutions

API and Data Feeds

Pricing, supply-demand and forecasts delivered directly to your organisation to support centralised models and trading systems used by team members across your business.

Find out more

One-time Data Exports

Over three decades of historical pricing, production and trade data across all food commodities sectors available to purchase to support your organisation with strategic analysis and economic modelling.

Consulting

Consulting services spanning all your needs in the agricultural commodities and processed food markets, from long-term forecasting beyond what is available in our subscription services to market studies for financial investments reviewing everything from market forecasts to competitor intelligence.

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Blogs & Analysis

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Articles & Reports Nov 08, 2023

Emerging suppliers on processed agricultural commodities

Blog Jun 20, 2023

WCS 2023: Exploring Plant Breeding Innovation, Sustainability, and Policy Challenges

Blog Mar 03, 2023

US EPA initiates court-mandated sulfoxaflor consultation

Blog Feb 23, 2023

EU-Mercosur trade deal relaunch brings back human rights, sustainability concerns

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Foods & Ingredients Market