Bouillon Cubes Market: Global Industry Analysis and Forecast (2024-2030)

  • Bouillon Cubes Market size was valued at USD 7.65 Bn. in 2023 and the total Bouillon Cubes Market size is expected to grow at a CAGR of 4.54.8 % from 2024 to 2030, reaching nearly USD 10.41 Bn. by 2030.

  • Format : PDF | Report ID : SMR_1978

Bouillon Cubes Market Overview

Bouillon and stock cubes are the dehydrated edible items. These are the cubes used for adding typical base flavor to the different types of food products like, sauces, and soups. These are made from different kinds of vegetables, fat, meat stock, salt, seasoning, and other ingredients. Furthermore, cubes are primarily used for purposes of seasoning. These are easy to make and can be served with a run. Further, these are easy to store for the long term, which is a boon for cold region countries where people face extremely cold temperatures and fail to cultivate grain, vegetables, poultry, and other animals for consumption purposes.

 

The increasing health consciousness in the millennial consumers and simultaneously rising disposable income is helping in gaining demand for the bouillon and stock cubes market across the world. Further, growing health awareness and high inclination towards functional foods among the consumers is providing a growing demand for the market. Moreover, the growing working population and the inclination towards conventional foods owing to a busy lifestyle are helping in gaining the demand for the bouillon and stock cubes market. However, the availability of several substitutes is affecting the growth of the market across the world. Increasing globalization and influx of MNC in the developing countries with their different type of bouillon and stock cubes is expected to provide a boost in demand for these products in the near future.

Bouillon Cubes Market

 

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Bouillon Cubes Market Dynamics:

Increasing popularity of product worldwide is driving the market size

Major factors driving the market for bouillon cubes include the increasing favor of home-cooked meals, time-saving cooking techniques, and richness and authenticity of flavors. Substituting them for standard liquid broths is practical because they can be portioned easily and can stay for a longer period on shelves. Bouillon cubes are being used intensively as flavor enhancers to add depth and richness to dishes, therefore, the products have also gained huge popularity all around the world due to their ability to raise the taste of soups, stews, sauces, and other recipes. The major driving factors of the global market are rapid urbanization and change in consumer lifestyles that have resulted in an increased number of busy people who prefer ready-to-use food product solutions, convenient, and easy to prepare.

 

Most of the significant product manufacturers have been using advanced production techniques to ensure high-quality and consistent quality of the bouillon cubes, which also includes the use of high-pressure processing and extrusion technologies for ensuring an optimum retention of flavor and texture that also ensures maintaining proper nutritional value and providing a proper sensory experience. Therefore, with the increased adoption of these cutting-edge technologies and systems, manufacturers have a competitive advantage to gain in the market, which would maximize their revenue opportunities.

 

Evolving regulations related to food additives and flavor

With increasing awareness of health and wellness, and growing concern for artificial additives, regulatory bodies are also prompted to review and revise standards for food products. Tighter regulations might restrict the addition of some ingredients into the bouillon cube, therefore affecting the formulation, which likely results in affecting the taste and overall consumer acceptability. Besides, producers have to adapt to such changing regulations while maintaining the quality of the products.

 

Bouillon Cubes Market Segment Analysis:

Based on By Types, Beef segment accounted for global market share in 2023, on account of growing popularity of beef as an attractive meat choice along with the surging perception of beef as a rich source of protein and other essential nutrients leading to higher product demand among health-conscious consumers. Beef bouillon cubes are being increasingly used in a wide array of recipes from soups and gravies to marinades and stir-fries, in that they provide a versatile flavor base that can enhance the flavor profile of a variety of meat, vegetable, and grain-based dishes, and allow the cooks to experiment with different flavors and cuisines, and hence is expected to propel the market of the segment during the coming years.

 

Vegetable segment is expected to be the fastest growing segment with significant growth rate over the period of study, that is largely ascribable to an ever-increasing number of vegetarian and vegan consumers in the globe seeking for flavor-rich alternatives to meat-based ingredients and growing adoption of vegetable bouillon cubes as a convenient solution adding depth and complexity to vegetarian and vegan dishes.

Bouillon Cubes Market1

Bouillon Cubes Market Regional insights:

North American Bouillon cube market region will lead this market. The main reasons for this trend include the increase in disposable income and people's willingness to live modern lifestyles in these regions. More and more restaurants in the US offer authentic dishes made with different ingredients, including Mexican, Indian, Chinese, and Italian. The common spices and herbs used in these dishes include pepper, paprika, cumin, parsley, and cinnamon. Because of their intense flavors, pork bouillon cubes are also gaining popularity across the country.

 

The Asia-Pacific Bouillon cubes Market is likely to show the highest growth rate within the forecast period as great and large countries like China and India experience population growth. Both regions are shifting towards westernization in their workspaces and personal lives. In these areas, demand for cube and other liquid products will rise. Besides, the Chinese market in bouillon cubes had the largest market share, whereas the Indian market in bouillon cubes was the fastest growing market in the Asia–Pacific region.

Bouillon Cubes Market2

Bouillon Cubes Market Competitive Landscape

  • For instance, in January 2023, Ahlstrom, announced the launch of its new generation Fluro Free technology, which is mainly developed to be used in several challenging food packaging applications. The new technology provides the solution for utilizing alternative materials to foils and films and used as sustainable packaging in products like bouillon cubes
  • December 2023: Unilever announced that it is broadening the scope of product innovation beyond ingredient restrictions and unlocking healthier foods with positive nutrition standards by following a study conducted by its Unilever Foods Innovation Center in Netherlands.

 

Bouillon Cubes Market Scope

Bouillon Cubes Market

Market Size in 2023

USD 7.65 Bn.

Market Size in 2030

USD 10.41 Bn.

CAGR (2024-2030)

4.5 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

   Segments

By Type

  • Beef
  • Vegetables
  • Chicken
  • Fish
  • Others

By Application

  • Soups & Sauces
  • Pastas & Noodles
  • Curry
  • Others

By Distribution Channel

  • Supermarket/Aftermarket
  • Grocery Stores
  • Online Retail

Regional Scope

North America- United States, Canada, and Mexico

Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Bouillon Cubes Market Key Players

  1. Nestle S.A.
  2. Goya Foods Inc
  3. International Dehydrated Foods Inc.
  4. The Unilever Group
  5. Proliver Bvba
  6. Homegrownfamilyfood
  7. Henningsen Foods Inc.
  8. The Kraft Heinz Company
  9. Hormel Foods Corporation
  10. Ajinomoto Co. Inc
  11. GBfoods Group,
  12. Bell Food Group
  13. Kallo Foods Ltd.
  14. Premier Foods
  15. Caldos Del Norte SL
  16. Tesco plc
  17. Anhui Qiangwang Flavouring Food Co. Ltd
  18. Golden Bird Food Industries
  19. Massel Australia Pty. Ltd
  20. Morga ag
  21. XX


Frequently Asked Questions

Major factors driving the market for bouillon cubes include the increasing favor of home-cooked meals, time-saving cooking techniques, and richness and authenticity of flavors.

1.    Bouillon Cubes Market: Research Methodology 
2.    Bouillon Cubes Market: Executive Summary
3.    Bouillon Cubes Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    Bouillon Cubes Market: Dynamics
5.1. Drivers
5.2. Restraints
5.3. Opportunities
5.4. Challenges
5.5. Market Trends by Region
5.5.1.    North America
5.5.2.    Europe
5.5.3.    Asia Pacific
5.5.4.    Middle East and Africa
5.5.5.    South America

5.6. Market Drivers by Region
5.6.1.    North America
5.6.2.    Europe
5.6.3.    Asia Pacific
5.6.4.    Middle East and Africa
5.6.5.    South America

5.7. Market Restraints
5.8. Market Opportunities
5.9. Market Challenges
5.10. PORTER’s Five Forces Analysis
5.11. PESTLE Analysis
5.12. Strategies for New Entrants to Penetrate the Market
5.13. Analysis of Government Schemes and Initiatives for the Bouillon Cubes Industry
5.14. Regulatory Landscape by Region
5.14.1.    North America
5.14.2.    Europe
5.14.3.    Asia Pacific
5.14.4.    Middle East and Africa
5.14.5.    South America

6.    Bouillon Cubes Market Size and Forecast by Segments (by Value Units)
6.1.1.    Bouillon Cubes Market Size and Forecast, by Type (2023-2030)
6.1.1.1.    Beef 
6.1.1.2.    Vegetables
6.1.1.3.    Chicken
6.1.1.4.    Fish
6.1.1.5.    Others
6.1.2.    Bouillon Cubes Market Size and Forecast, by Application (2023-2030)
6.1.2.1.    Soups & Sauces
6.1.2.2.    Pastas & Noodles
6.1.2.3.    Curry
6.1.2.4.    Others
6.1.3.    Bouillon Cubes Market Size and Forecast, by Distribution Channel (2023-2030)
6.1.3.1.    Supermarket/Aftermarket
6.1.3.2.    Grocery Stores
6.1.3.3.    Online Retail
6.1.4.    Bouillon Cubes Market Size and Forecast, by region (2023-2030)
6.1.4.1.    North America
6.1.4.2.    Europe
6.1.4.3.    Asia Pacific
6.1.4.4.    Middle East and Africa
6.1.4.5.    South America

7.    North America Bouillon Cubes Market Size and Forecast (by value Units)
7.1. North America Bouillon Cubes Market Size and Forecast, by Type (2023-2030)
7.1.1.    Beef 
7.1.2.    Vegetables
7.1.3.    Chicken
7.1.4.    Fish 
7.1.5.    Others

7.2. North America Bouillon Cubes Market Size and Forecast, by Application (2023-2030)
7.2.1.    Soups & Sauces
7.2.2.    Pastas & Noodles
7.2.3.    Curry
7.2.4.    Others

7.3. North America Bouillon Cubes Market Size and Forecast, by Distribution Channel (2023-2030)
7.3.1.    Supermarket/Aftermarket
7.3.2.    Grocery Stores
7.3.3.    Online Retail

7.4. North America Bouillon Cubes Market Size and Forecast, by Country (2023-2030)
7.4.1.    United States
7.4.2.    Canada
7.4.3.    Mexico

8.    Europe Bouillon Cubes Market Size and Forecast (by Value Units)
8.1. Europe Bouillon Cubes Market Size and Forecast, by Type (2023-2030)
8.1.1.    Beef 
8.1.2.    Vegetables
8.1.3.    Chicken
8.1.4.    Fish
8.1.5.    Others

8.2. Europe Bouillon Cubes Market Size and Forecast, by Application (2023-2030)
8.2.1.    Soups & Sauces
8.2.2.    Pastas & Noodles
8.2.3.    Curry
8.2.4.    Others

8.3. Europe Bouillon Cubes Market Size and Forecast, by Distribution Channel (2023-2030)
8.3.1.    Supermarket/Aftermarket
8.3.2.    Grocery Stores
8.3.3.    Online Retail

8.4. Europe Bouillon Cubes Market Size and Forecast, by Country (2023-2030)
8.4.1.    UK
8.4.2.    France
8.4.3.    Germany
8.4.4.    Italy
8.4.5.    Spain
8.4.6.    Sweden
8.4.7.    Russia
8.4.8.    Rest of Europe

9.    Asia Pacific Bouillon Cubes Market Size and Forecast (by Value Units)
9.1. Asia Pacific Bouillon Cubes Market Size and Forecast, by Type (2023-2030)
9.1.1.    Beef 
9.1.2.    Vegetables
9.1.3.    Chicken
9.1.4.    Fish
9.1.5.    Others 

9.2. Asia Pacific Bouillon Cubes Market Size and Forecast, by Application (2023-2030)
9.2.1.    Soups & Sauces
9.2.2.    Pastas & Noodles
9.2.3.    Curry
9.2.4.    Others

9.3. Asia Pacific Bouillon Cubes Market Size and Forecast, by Distribution Channel (2023-2030)
9.3.1.    Supermarket/Aftermarket
9.3.2.    Grocery Stores
9.3.3.    Online Retail

9.4. Asia Pacific Bouillon Cubes Market Size and Forecast, by Country (2023-2030)
9.4.1.    China
9.4.2.    S Korea
9.4.3.    Japan
9.4.4.    India
9.4.5.    Australia
9.4.6.    ASEAN
9.4.7.    Rest of Asia Pacific

10.    Middle East and Africa Bouillon Cubes Market Size and Forecast (by Value Units)
10.1. Middle East and Africa Bouillon Cubes Market Size and Forecast, by Type (2023-2030)
10.1.1.    Beef 
10.1.2.    Vegetables
10.1.3.    Chicken
10.1.4.    Fish
10.1.5.    Others 

10.2. Middle East and Africa Pool Tables Market Size and Forecast, by Application (2023-2030)
10.2.1.    Soups & Sauces
10.2.2.    Pastas & Noodles
10.2.3.    Curry
10.2.4.    Others 

10.3. Middle East and Africa Bouillon Cubes Market Size and Forecast, by Distribution Channel (2023-2030)
10.3.1.    Supermarket/Aftermarket
10.3.2.    Grocery Stores
10.3.3.    Online Retail

10.4. Middle East and Africa Bouillon Cubes Market Size and Forecast, by Country (2023-2030)
10.4.1.    South Africa
10.4.2.    GCC
10.4.3.    Egypt
10.4.4.    Rest of ME&A

11.    South America Bouillon Cubes Market Size and Forecast (by Value Units)
11.1. South America Bouillon Cubes Market Size and Forecast, by Type (2023-2030)
11.1.1.    Beef 
11.1.2.    Vegetables
11.1.3.    Chicken
11.1.4.    Fish
11.1.5.    Others

11.2. South America Bouillon Cubes Market Size and Forecast, by Application (2023-2030)
11.2.1.    Soups & Sauces
11.2.2.    Pastas & Noodles
11.2.3.    Curry
11.2.4.    Others 

11.3. South America Bouillon Cubes Market Size and Forecast, by Distribution Channel (2023-2030)
11.3.1.    Supermarket/Aftermarket
11.3.2.    Grocery Stores
11.3.3.    Online Retail

11.4. South America Bouillon Cubes Market Size and Forecast, by Country (2023-2030)
11.4.1.    Brazil
11.4.2.    Argentina
11.4.3.    Rest of South America

12.    Company Profile: Key players
12.1. The Kraft Heinz Company
12.1.1.    Company Overview
12.1.2.    Financial Overview
12.1.3.    Business Portfolio
12.1.4.    SWOT Analysis
12.1.5.    Business Strategy 
12.1.6.    Recent Developments

12.2. Nestle S.A.
12.3. Goya Foods Inc
12.4. International Dehydrated Foods Inc.
12.5. The Unilever Group
12.6. Proliver Bvba
12.7. Homegrownfamilyfood
12.8. Henningsen Foods Inc.
12.9. Hormel Foods Corporation
12.10. Ajinomoto Co. Inc
12.11. GBfoods Group,
12.12. Bell Food Group
12.13. Kallo Foods Ltd.
12.14. Premier Foods
12.15. Caldos Del Norte SL
12.16. Tesco plc
12.17. Anhui Qiangwang Flavouring Food Co. Ltd
12.18. Golden Bird Food Industries
12.19. Massel Australia Pty. Ltd
12.20. Morga ag
12.21. XX
13.    Key Findings
14.    Industry Recommendation

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