Press release
Organic Cereals Market Size is estimated to grow at a CAGR of 6.47% from 2019 to 2024: Top Key Player Like Kellogg Co, General Mills, Inc, The Kroger Co, The Hain Celestial Group, Inc, Organic India Pvt. Ltd
Organic Cereals Market
The Global Organic Cereals Market is expected to register a CAGR of 6.47% from 2019 to 2024 and reach USD 49.34 billion by the end of 2024. Cereals comprise wheat, barley, oats, maize, and sorghum. Cereals are rich in vitamins and contain high amount of B vitamins such as thiamine, folate, and niacin. These vitamins are essential for proper functioning of brain, nervous system, heart, eyesight, and hair. Cereals contain ample amount of fiber, which helps in digestion. This makes cereals a preferable choice among health-conscious consumers. Many cereals are staple in various parts across the globe, which is driving the demand for cereals. The increasing demand for organic food is expected to boost the demand for global organic cereals market. Additionally, the growing vegan population is anticipated to propel the growth of global organic cereals market.
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Segmentation
The global organic cereals market has been segmented based on source, category, distribution channels, and region.
The global organic cereals market has been classified, based on source, as wheat, barley, oats, blended, and others.
The global organic cereals market has been bifurcated, based on category into conventional organic cereals and gluten-free organic cereals.
The global organic cereals market has been segmented, on the basis of distribution channel, into store based and non-store base. Store based is further classified into supermarket and hyper market, convenience stores, and others.
The global organic cereals market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American organic cereals market has further been segmented into the US, Canada, and Mexico.
The European organic cereals market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.
The organic cereals market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.
The organic cereals market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.
Key Players
Kellogg Co. (US), General Mills, Inc. (US), The Kroger Co (US), The Hain Celestial Group, Inc (US), Organic India Pvt. Ltd. (India), EcoFarms Ltd. (India), Cereal Partners Worldwide S.A. (Switzerland), Nestlé S.A. (Switzerland), Bagrrys India Ltd. (India), B&G Foods Inc. (US), Marico Limited (India), Pepsico, Inc. (US), Post Holdings Inc. (US), Medifast, Inc. (US), and The Jordans & Ryvita Company (UK) are some of the key players in the global organic cereals market.
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Regional Market
The market in North America is expected to dominate the global organic cereals market due to the high demand for organic food. Moreover, the high disposable income of the population in the region and growing health awareness are expected to fuel the growth of global organic cereals market.
Asia-Pacific region is projected to register the highest CAGR in the global organic cereals market, due to increasing demand for food as a result of rapidly increasing population. Moreover, the changing lifestyle and food habits of the consumers in the region is forecasted to boost the growth of global organic cereals market.
The global organic cereals market in the rest of the world is expected to grow at a steady rate due to rising demand for organic food products in many parts of the world.
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