Global Cereal Ingredients Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cereal Ingredients Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Ingredient Type (Wheat, Barley, Rice, Oats, and Other Ingredient Types), Form (Puff, Grit, and Flake), Application (Food and Beverage, (Breakfast Cereals, Baked products, and Brewing), Animal Feed, Biofuel, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cereal Ingredients Market was valued at USD 591.0 million in 2023 and is expected to reach USD 771.6 million by 2031 while growing at a CAGR of 3.4% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cereal ingredients market growth. Cereal ingredients, crucial for cereal-based food production, enhance taste, texture, nutritional content, and overall quality in various products like breakfast cereals, granola bars, and snacks.
Increasing demand for ready-to-eat (RTE) and convenient foods, coupled with diversity in cereal product innovations, propels the growth of the cereal ingredients market. Nevertheless, challenges like health concerns regarding sugar content and rising competition from alternative breakfast options could impede market expansion.
Furthermore, the global cereal ingredients industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Ingredient Type Analysis
The Global Cereal Ingredients Market is segmented among Wheat, Barley, Rice, Oats, and Other Ingredient Types, based on Ingredient Type. In 2023, Rice accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Form Analysis
The Global Cereal Ingredients Market is segmented among Puff, Grit, and Flake, based on Form. In 2023, Flake accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cereal Ingredients Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Archer Daniels Midland Company, Associated British Foods PLC, Bunge Limited, Groupe Limagrain Holding, RiceBran Technologies, Cargill Inc., SunOpta Inc., Kellogg's, CII Foods, and General Mills.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cereal Ingredients Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cereal Ingredients Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cereal Ingredients Market Segmentation, By Ingredient Type
Global Cereal Ingredients Market Share Analysis, By Ingredient Type
Global Cereal Ingredients Market Growth Analysis, By Ingredient Type
Global Cereal Ingredients Market Trends, By Ingredient Type
o Wheat
o Barley
o Rice
o Oats
o Other Ingredient Types
6. Global Cereal Ingredients Market Segmentation, By Form
Global Cereal Ingredients Market Share Analysis, By Form
Global Cereal Ingredients Market Growth Analysis, By Form
Global Cereal Ingredients Market Trends, By Form
o Puff
o Grit
o Flake
7. Global Cereal Ingredients Market Segmentation, By Application
Global Cereal Ingredients Market Share Analysis, By Application
Global Cereal Ingredients Market Growth Analysis, By Application
Global Cereal Ingredients Market Trends, By Application
o Food and Beverage
Ø Breakfast Cereals
Ø Baked products
Ø Brewing
o Animal Feed
o Biofuel
o Other Applications
8. Global Cereal Ingredients Market Segmentation, By Region
Global Cereal Ingredients Market Share Analysis, By Region
Global Cereal Ingredients Market Growth Analysis, By Region
Global Cereal Ingredients Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Archer Daniels Midland Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Associated British Foods PLC
Bunge Limited, Groupe Limagrain Holding,
RiceBran Technologies, Cargill Inc.,
SunOpta Inc.,
Kellogg's,
CII Foods
General Mills.
*Similar analysis will be provided for each company listed above.
