Cereal Ingredients Market Industry Share, Leading players And Forecast 2029

Cereal Ingredients Market revenue is expected to grow at through 2022 to 2029, reaching nearly USD 466.19 Mn.

Cereal Ingredients Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Cereal Ingredients industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

Research Methodology

This comprehensive report provides insights into the Cereal Ingredients Market, analyzing its growth drivers, market segments (Nature, Type, Application, and Distribution Channel), and data from industry players, regions, and specific requirements. It presents key data analysis through statistics, infographics, and presentations, addressing market Drivers, Restraints, Opportunities, and Challenges, aiding stakeholders in assessing growth drivers and resolving market-related issues effectively.

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What are Cereal Ingredients Market Dynamics?

Drivers:

Heightened Health Concerns: Increasing health awareness, a quest for nutrient-rich foods, and the growing adoption of vegan lifestyles are major growth catalysts for the Global Cereal Ingredients Market.

Vegan Lifestyle Surge: A substantial rise in the number of strict vegans, with a 500% increase observed in 2020 compared to 2014, is significantly impacting the market. In the US, the retail sector reported an 11% surge in cereal-based product sales from 2017 to 2021, coinciding with the plant-based food market reaching a value of US$ 4.5 billion in 2021.

Breakfast Preference: Approximately 32.8% of the global population and over 47% in developed countries opt for cereals as their breakfast choice. This substantial demand, especially in developing nations, is anticipated to fuel the Cereal Ingredients market's growth, with a projected CAGR of 3.2% from 2021 to 2029.

Alcoholic Beverages Demand: The global production of beer in 2021 reached 200 billion liters, with 18% of Wheat, Corn, Maize, and Barley production used by breweries. The rising

consumption of alcoholic beverages is driving demand for Cereal Ingredients in the global alcoholic beverages manufacturing sector.

Unit Packaged Foods: The mass production of unit packaged food products presents ample opportunities, particularly in developing and underdeveloped countries. These products, typically comprising fewer than five items and cost-effective, cater to low and middle-income populations.

Cereal Ingredients Market Segmentation?

Nature:

Organic Cereal Ingredients are forecasted to dominate demand in the Food and Beverages Industry from 2021 to 2029 due to the rising preference for healthy food products. Conventional Cereal Ingredients saw a 1.6% demand increase in 2018 due to processed ingredient use by unorganized sector manufacturers.
Type:

Wheat and Barley are anticipated to remain the dominant crops used for Cereal Ingredient manufacturing from 2021 to 2029. Oats saw a 1.7% demand increase in 2021, driven by consumers adhering to strict diet plans.

Rice witnessed a 2.1% demand increase in 2018, driven by large-scale production and preference for dietary food products in the Asia-Pacific region.
Application:

Hot Cereal is projected to maintain its dominance in Cereal Ingredient applications, driven by the preference for nutrient-rich grains that provide lasting fullness. Cold Cereals saw a 2.3% demand increase from 2018 to 2021.

Processed Cereal food product manufacturers experienced a 2.5% demand increase in 2021 due to the rising preference for ready-to-eat food products and nutrition-rich snacks.
Distribution Channel:

Direct Sales accounted for over 60% of revenue in the unorganized sector in 2018, attributed to its low cost and direct manufacturer-buyer connection.

Specialty Stores generated over 30% of organized sector revenue due to the preference for cost-effective cereal supplies.

Supermarkets saw a 2.6% sales increase in 2021, driven by product variety and convenience.

Convenience Stores experienced a 1.5% demand increase in urban areas in 2018 due to proximity to homes.

E-Commerce platforms saw a 1.3% sales increase, offering a wide variety of goods and doorstep delivery.

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Who are Cereal Ingredients Market Key Players?

• Limagrain Ingredients
• Cereal Ingredients, Inc.
• Silvery Tweed Cereals
• Associated British Foods PLC
• Bunge Limited
• Tate & Lyle PLC
• Cargill, Inc.
• Archer Daniels Midland Company
• Kayem Foods, Inc.
• Kerry Group PLC
• Ingredion, Inc.
• Balchem, Inc.
• Treehouse Foods, Inc.
• Organic Milling
• PGP International
• Chr. Hansen Holdings A/S

Table of content for the Cereal Ingredients Market includes:

Part 01: Executive Summary

Part 02: Scope of the Cereal Ingredients Market Report

Part 03: Global Cereal Ingredients Market Landscape

Part 04: Global Cereal Ingredients Market Sizing

Part 05: Global Cereal Ingredients Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

North America: The North American market witnessed a 3.8% increase in demand from 2018 to 2021, driven by health concerns and a preference for hot cereals. The Nutraceutical Industry in North America experienced a 2.8% demand increase in 2021.

Europe: The preference for dietary food products made from Oats and Barley contributed to a 1.3% demand increase in 2021 in Europe. The consumption of functional food products resulted in a 3.1% demand increase from 2018 to 2021.

Asia-Pacific: A 2.6% increase in demand for Cereal Ingredients from 2017 to 2020 was observed due to the rising preference for supplementary food products. The ASEAN region and Japan saw a 1.7% demand increase in 2021, driven by health concerns and the adoption of vegan lifestyles.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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