Press release
Cereal Market Report Outlines Revenue Share, SWOT Analysis and Players - The Kellogg Company, General Mills Inc, Abbott Nutrition, Nestlé S.A
Cereal Market is the focal point of DataM Intelligence's latest market research report, offering a comprehensive analysis of this dynamic sector. This in-depth study goes beyond a basic overview, exploring the intricate dynamics that shape the market. By examining regional trends, demand patterns, and potential breakthroughs, DataM Intelligence aims to empower businesses and stakeholders with valuable insights for navigating the evolving landscape. The insights from this report can illuminate pathways for informed decision-making and drive strategic growth in Cereal Market.The Global Cereals Market reached US$ 40.3 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 53 billion by 2031. The market is growing at a CAGR of 3.5% during the forecast period 2024-2031.
Will the Cereal Market become the sector's next big opportunity? To find out, delve into the analysis and projections for Cereal Market. This market research study offers in-depth insights into the opportunities, challenges, and trends currently shaping the machinery landscape, enabling industry participants to make informed decisions in a dynamic environment. Take advantage of the opportunity in the Cereal Market! (2031)
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Cereal refers to a type of grass cultivated for its edible seeds or grains, which are used as a staple food source for humans and livestock. Common cereals include wheat, rice, corn (maize), barley, oats, and millet. The grains are often processed into various forms, such as flour, breakfast cereals, or snacks. Cereals are a significant source of carbohydrates, providing energy, and are often enriched with vitamins and minerals to enhance their nutritional value. They play a crucial role in diets around the world, serving as a foundation for many meals.
Key Growth Drivers in Cereal Market:
The Increasing Demand for Healthy and Convenient Food Products is Fueling the Growth of the Cereal Market
The global cereal market is experiencing a surge in demand for gluten-free breakfast options and cereals specifically designed for individuals with diabetes, driven by heightened health awareness among consumers. For instance, a single serving of fortified Total cereal (40 grams) contains 40 mg of iron, meeting 100% of the Daily Value. According to OECD iLibrary, cereal consumption is projected to grow from 2.7 billion tonnes during the base period to 3 billion tonnes by 2030, primarily driven by a rise in feed usage (+163 million tonnes) and food applications (+146 million tonnes).
DataM Intelligence profiles some of the most reputed organizations present in the Cereal market. They are as follows:
The Kellogg Company, General Mills Inc, Abbott Nutrition, Nestlé S.A, Alara Whole Foods Ltd, Bobs Red Mill Natural Food Inc, Doehler Group, Bagrrys India Ltd, Marico Limited and Carman's Fine Foods
Segment Covered in the Cereal Market:
By Product Type: Hot Cereals, Ready to Eat Cereals, Others
By Ingredient Type: Barley, Corn, Rice, Wheat, Oats, Others
Regional Analysis:
The global Cereal Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
Key Developments
In August 2022, PepsiCo India entered the ready-to-eat cereals market with the launch of Quaker Oats Muesli. In December 2022, Kwality, a prominent manufacturer of masalas, instant mixes, and breakfast cereals from Pagariya Food Product Pvt. Ltd., unveiled a new line of healthy and delicious ready-to-eat breakfast cereals. Additionally, in September 2022, Nestlé India introduced the globally recognized GERBER brand specifically designed for toddlers.
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Regional Analysis:
The global Cereal Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Cereal Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Points Covered:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Cereal market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Cereal Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Cereal market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Cereal Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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FAQ's
Q.1. What are the primary drivers of the Cereal Industry?
Q.2. What are the main factors propelling and impeding the growth of the Cereal market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Cereal market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Cereal market now and in the future?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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