Bouillon Cubes Market Report 2024 (Global Edition)

Global Bouillon Cubes Market Report 2024 Market Size Split by Source (Vegetable, Beef, Chicken, Fish, Others), by Nature (Organic, Vegan, Conventional), by Form (Cubes, Granules, Powder, Paste, Others...

Bouillon Cubes Market Report Description

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Bouillon Cubes Market Insights Video

Competitive Landscape of the Bouillon Cubes Market

?The bouillon cubes market is aggressive, with key gamers that specialize in product innovation, fine, and expansion into emerging markets. Companies also emphasize sustainability and fitness trends to draw customers. The marketplace capabilities each international giants and regional manufacturers, competing on flavor range and dietary content material.

September 2021: Nestle S.A. announced the launch of Maggi Organic Bouillon cubes packaged in recyclable paper. (Source: https://www.nestle.com/media/news/maggi-launch-bouillon-cubes-recyclable-paper-wrapper ) March 2021: Knorr aimed to enhance brand loyalty in Thailand by encouraging mothers to explore new cuisines featuring Knorr products, including stock cubes. To address the challenge of making dinner decisions, Knorr partnered with Thailand's leading messaging service to offer the Chatbot kitchen aid service. (Source: https://www.unilever.com/news/news-search/2023/behind-the-brand-knorr-the-global-taste-sensation-with-the-local-touch/ )

Top Companies Market Share in Bouillon Cubes Industry: (In no particular order of Rank)

• Ajinomoto Co. Inc. (Japan)
• GBfoods Group (Spain)
• Bell Food Group (Switzerland)
• Hormel Foods Corporation (USA)
• Kallo Foods Ltd. (UK)
• Premier Foods (UK)
• Imana Foods (South Africa)
• Edward & Sons (USA)
• Doyin Group (Nigeria)
• Daily-Need Group (Nigeria)
• Tesco PLC (UK)
• Nestlé S.A. (Switzerland)
• The Kraft Heinz Company (USA)
• Caldos Del Norte SL (Spain)
• Southern Mills Inc. (USA)
• International Dehydrated Foods Inc. (USA)
• Proliver Bvba (Belgium)
• McCormick & Company (USA)
• Henningsen Foods Inc. (USA)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Bouillon Cubes Market

Which Region Dominates the Bouillon Cubes Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue driven by busy lifestyles and a strong culture of home cooking. This demand is further amplified by the significant influence of diverse culinary traditions that encourage the use of flavor enhancers like bouillon cubes. Additionally, North America boasts a well-developed retail infrastructure and widespread availability of bouillon products in supermarkets and online platforms.

 

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is the fastest-growing marketplace for Bouillon Cubess, due to several driving factors. Rapid urbanization and increasing disposable incomes in countries such as China, India, and Southeast Asian nations have led to higher demand for convenient and ready-to-cook food products. The region's diverse culinary practices, which frequently use broths and stocks, naturally incorporate bouillon cubes into daily cooking. Additionally, the expanding middle class is adopting more Westernized food habits, including the use of bouillon cubes for flavor enhancement.

 

The current report Scope analyzes Bouillon Cubes Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Bouillon Cubes Market

According to Cognitive Market Research, the global Bouillon Cubes market size was estimated at USD 7154.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• According to Cognitive Market Research, USA Bouillon Cubes market is projected to grow at a CAGR of 2.3% during the forecast period with a market size of USD 2257.87 million in 2024. The USA bouillon cubes market is being driven due to the high demand for convenient meal solutions.
• The Canada Bouillon Cubes market is projected to grow at a CAGR of 3.3% during the forecast period with a market size of USD 343.4 million in 2024. The Canada bouillon cubes market is being driven due to increasing consumer preference for organic and health-conscious food options.
• The Mexico Bouillon Cubes market is projected to grow at a CAGR of 3% during the forecast period with a market size of USD 260.41 million in 2024.

Europe Bouillon Cubes Market

According to Cognitive Market Research, the global Bouillon Cubes market size was estimated at USD 7154.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2146.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Bouillon Cubes market is projected to grow at a CAGR of 3.6% during the forecast period with a market size of USD 360.57 million in 2024. The United Kingdom bouillon cubes market is being driven due to the growing trend of home cooking and use of natural ingredients.
• The France Bouillon Cubes market is projected to grow at a CAGR of 2% during the forecast period with a market size of USD 197.46 million in 2024.
• According to Cognitive Market Research, The Germany Bouillon Cubes market is projected to grow at a CAGR of 3% during the forecast period with a market size of USD 424.96 million in 2024. The Germany bouillon cubes market is being driven due to the rising demand for organic and vegan food products.
• The Italy Bouillon Cubes market is projected to grow at a CAGR of 2.2% during the forecast period with a market size of USD 184.58 million in 2024.
• The Russia Bouillon Cubes market is projected to grow at a CAGR of 1.8% during the forecast period with a market size of USD 332.67 million in 2024.
• The Spain Bouillon Cubes market is projected to grow at a CAGR of 1.9% during the forecast period with a market size of USD 175.99 million in 2024.
• The Luxembourg Bouillon Cubes market is projected to grow at a CAGR of 2.9% during the forecast period with a market size of USD 66.53 million in 2024.
• The Portugal Bouillon Cubes market is projected to grow at a CAGR of 2.6% during the forecast period with a market size of USD 45.07 million in 2024.
• The Greece Bouillon Cubes market is projected to grow at a CAGR of 3.1% during the forecast period with a market size of USD 25.76 million in 2024.
• The Rest of Europe Bouillon Cubes market is projected to grow at a CAGR of 1.5% during the forecast period with a market size of USD 332.67 million in 2024.

Asia Pacific Bouillon Cubes Market

According to Cognitive Market Research, the global Bouillon Cubes market size was estimated at USD 7154.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1645.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.

• According to Cognitive Market Research, The China Bouillon Cubes market is projected to grow at a CAGR of 5.8% during the forecast period with a market size of USD 740.46 million in 2024. The China bouillon cubes market is being driven due to rapid urbanization and increasing disposable incomes.
• The Japan Bouillon Cubes market is projected to grow at a CAGR of 4.8% during the forecast period with a market size of USD 227.07 million in 2024.
• According to Cognitive Market Research, The India Bouillon Cubes market is projected to grow at a CAGR of 8.1% during the forecast period with a market size of USD 197.46 million in 2024. The India bouillon cubes market is being driven due to the busy lifestyles and rising demand for convenient cooking aids.
• The Korea Bouillon Cubes market is projected to grow at a CAGR of 5.4% during the forecast period with a market size of USD 164.55 million in 2024.
• The Australia Bouillon Cubes market is projected to grow at a CAGR of 6% during the forecast period with a market size of USD 85.56 million in 2024.
• The South East Asia Bouillon Cubes market is projected to grow at a CAGR of 7.3% during the forecast period with a market size of USD 113.54 million in 2024.
• The Rest of Asia Pacific Bouillon Cubes market is projected to grow at a CAGR of 6.1% during the forecast period with a market size of USD 116.83 million in 2024.

South America Bouillon Cubes Market

According to Cognitive Market Research, the global Bouillon Cubes market size was estimated at USD 7154.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 357.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.

• According to Cognitive Market Research, The Brazil Bouillon Cubes market is projected to grow at a CAGR of 4.3% during the forecast period with a market size of USD 153.1 million in 2024. The Brazil bouillon cubes market is being driven due to an expanding middle class and diverse culinary traditions.
• According to Cognitive Market Research, The Argentina Bouillon Cubes market is projected to grow at a CAGR of 4.6% during the forecast period with a market size of USD 60.1 million in 2024. The Argentina bouillon cubes market is being driven due to increased interest in convenient and flavorful cooking solutions.
• The Colombia Bouillon Cubes market is projected to grow at a CAGR of 3.5% during the forecast period with a market size of USD 31.84 million in 2024.
• The Peru Bouillon Cubes market is projected to grow at a CAGR of 3.9% during the forecast period with a market size of USD 29.33 million in 2024.
• The Chile Bouillon Cubes market is projected to grow at a CAGR of 4% during the forecast period with a market size of USD 25.76 million in 2024.
• The Rest of Latin America Bouillon Cubes market is projected to grow at a CAGR of 2.8% during the forecast period with a market size of USD 57.59 million in 2024.

Middle East and Africa Bouillon Cubes Market

According to Cognitive Market Research, the global Bouillon Cubes market size was estimated at USD 7154.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• According to Cognitive Market Research, The GCC Countries Bouillon Cubes market is projected to grow at a CAGR of 4.8% during the forecast period with a market size of USD 61.24 million in 2024. The GCC Countries bouillon cubes market is being driven due to the growth of the food service industry and high demand for affordable flavor enhancers.
• The Egypt Bouillon Cubes market is projected to grow at a CAGR of 4.3% during the forecast period with a market size of USD 15.02 million in 2024.
• According to Cognitive Market Research, The South Africa Bouillon Cubes market is projected to grow at a CAGR of 5% during the forecast period with a market size of USD 22.61 million in 2024. The South Africa bouillon cubes market is being driven due to urbanization and rising popularity of easy-to-use cooking products.
• The Turkey Bouillon Cubes market is projected to grow at a CAGR of 3.5% during the forecast period with a market size of USD 12.31 million in 2024.
• The Nigeria Bouillon Cubes market is projected to grow at a CAGR of 3.1% during the forecast period with a market size of USD 15.02 million in 2024.
• The Rest of MEA Bouillon Cubes market is projected to grow at a CAGR of 3% during the forecast period with a market size of USD 16.88 million in 2024.

Bouillon Cubes Market Analysis

Bouillon Cubes Market Source Segment Analysis

According to Cognitive Market Research, Chicken stands out as the dominating category. Chicken bouillon cubes are a staple in many households due to their versatile use in a wide range of recipes, from soups and stews to sauces and marinades. Their rich flavor profile and ability to enhance the taste of dishes make them a popular choice. The widespread preference for chicken flavor across various cuisines and the high demand for quick, flavorful cooking solutions contribute to the dominance of this segment.

Vegetable emerges as the fastest-growing category in the bouillon cubes market. The increasing shift towards plant-based diets and the rising number of vegetarian and vegan consumers drive the demand for vegetable bouillon cubes. These products cater to health-conscious individuals seeking natural and meat-free alternatives. Additionally, the versatility of vegetable bouillon in enhancing the flavor of numerous dishes, along with its appeal to a broader audience, supports its rapid growth in the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Bouillon Cubes Industry. Request a Free Sample PDF!

Bouillon Cubes Market Nature Segment Analysis

According to Cognitive Market Research, Conventional stands out as the dominating category. Conventional bouillon cubes have a long-standing presence in the market and are widely recognized and trusted by consumers. They offer a cost-effective solution for adding flavor to dishes, making them accessible to a broad demographic. The established supply chains and widespread availability in various retail channels further reinforce the dominance of conventional bouillon cubes.

Vegan emerges as the fastest-growing category in the bouillon cubes market. The increasing awareness of health and environmental benefits associated with plant-based diets is driving the demand for vegan bouillon cubes. Consumers are seeking products that align with their ethical and dietary preferences, leading to a surge in the popularity of vegan options. Additionally, innovations in flavor and formulation are making vegan bouillon cubes more appealing, supporting their rapid growth in the market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Bouillon Cubes Form Segment Analysis

According to Cognitive Market Research, Cubes stand out as the dominating category. Cubes are the traditional and most widely recognized form of bouillon, offering convenience, precise portion control, and ease of use. Their long shelf life and portability make them a preferred choice for both households and professional kitchens. The familiarity and established consumer trust in bouillon cubes contribute significantly to their dominance in the market.

Powder emerges as the fastest-growing category in the bouillon cubes market. The increasing demand for versatility in cooking and the ability to easily adjust flavor intensity drive the popularity of powdered bouillon. Consumers appreciate the convenience of quickly dissolving powder in various recipes, and the rising trend of customized and health-conscious cooking fuels its growth. Additionally, powdered forms often contain fewer additives, appealing to health-focused consumers.

• Cubes
• Granules
• Powder
• Paste
• Others

Bouillon Cubes Sales Channel Segment Analysis

According to Cognitive Market Research, Retail Sales stand out as the dominating category. Retail sales dominate due to the widespread availability of bouillon products in supermarkets, grocery stores, and online platforms. Consumers prefer the convenience of purchasing these items during regular shopping trips, and the extensive distribution networks of retail chains ensure that bouillon cubes are readily accessible. Promotional activities and product visibility in retail settings further bolster this segment's dominance.

Food Service emerges as the fastest-growing category in the bouillon cubes market. The rapid expansion of the food service industry, including restaurants, cafes, and catering services, drives the demand for bouillon cubes. These establishments seek convenient and cost-effective ways to enhance the flavor of their dishes, making bouillon cubes an ideal choice. The recovery of the food service sector post-pandemic and the growing trend of dining out contribute to the accelerated growth of this segment.

• Food Processing Companies
• Private Label Brands
• Retail Sales
• Food Service
• Others

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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