Industry Background:
Cereal ingredients are grains such as corn, wheat, oats, rice and barley. It is used for the preparation of highly nutritive breakfast. Cereal is gaining popularity in the snaking. It is rich in proteins, vitamins, minerals and fats. High demand for cereal foods and the health benefits of cereal are the key factors driving the cereal ingredients.
According to AMA Research, the market for Cereal Ingredients is expected to register a CAGR of 7.9% during the forecast period to 2030. This growth is primarily driven by Health Benefits of the Cereal
.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Archer Daniels Midland Company (United States), Associated British Foods PLC (United Kingdom), Bunge Limited (United States), Groupe Limagrain (France), RiceBran Technologies (United States), Cargill Inc. (United States) and SunOpta Inc. (Canada), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In June 2023, Nestle Breakfast Cereals has introduced new products Koko Krunch millet jowar and munch.The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations.
Influencing Trend:
Growing Number of People having Vegan Diet
Market Growth Drivers:
Health Benefits of the Cereal and Rise in the Adoption of Western Lifestyle
Challenges:
Environmental Factors Affecting Cereal Production
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the Food and Beverage Industry Worldwide and Increasing Demand from End-User Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Cereal Ingredients Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Cereal Ingredients Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Cereal Ingredients players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cereal Ingredients Study Sheds Light on
The Cereal Ingredients Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cereal Ingredients industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cereal Ingredients industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.