Cereal Ingredients Market | Contrive Datum Insights

The Global Cereal Ingredients Market Is Expected To Register A CAGR Of 5.2% During The Forecast Period 2022-2030.

Cereal Ingredients Market Overview:

Cereal Ingredients are made from powdered and crystallized grains that are the main ingredients used to make breakfast cereals and other foods. The nutritional value of cereal ingredients is enhanced by the addition of vitamins and minerals and has a wide range of applications in the manufacture of supplementary and dietary foods and beverages. Rising health concerns, rising number of people adopting a healthy and organic lifestyle, and rising demand for nutrient-dense food and beverages have led to a booming global cereal ingredients market.

Cereal Ingredients market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Cereal Ingredients market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In June 2021, General Mills invested $28 million to expand its grain production facility in Ohio. The expansion included building renovation and the installation of sophisticated equipment.
• In May 2021, Kellogg invested about $121 million to expand its Pringles production facility in Poland. Production plant capacity increased by 34% to produce up to 60,000 tons of Pringles per year. Pringles are made from potato chips and cornstarch.
• In October 2020, Limagrain Ingredients opened a new production line in France. The company invested $9 million to expand its existing facility, increasing production of functional grain flours and products to 15,000 tons. This amounts to a production capacity of 45,000 tons per year.

Major Segments Covered in the Global Cereal Ingredients Market:

Market Key Players:
Kerry, ADM, Bunge, Associated British Food, ABF, Sunopta, Ricebran Technologies, Cereal Ingredients, Archer Daniels Midland, Limagrain, And Others.

Cereal Ingredients Market by Types:

• Wheat
• Rice
• Oats
• Barley
• Corns

Cereal Ingredients Market by Applications:

• Hot Cereal
• Cold Cereal

Cereal Ingredients Market by Regions:

The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.

Regionally, North America is the largest market for cereal ingredients. Rising health concerns and rising preference for hot cereals have led to a 3.8% increase in demand for cereal ingredients in the North American food and beverage industry from 2018 to 2020. Rising consumption of supplementary foods led to a 2.8% increase in demand for cereal ingredients in the nutraceutical industry in the region in 2019.

Rising consumption of functional foods has led to a 3.1% increase in the demand for cereal ingredients in the European food and beverage industry from 2018 to 2020. People living in the region are showing a rising preference for diet foods made with oats and barley, with demand growing by 1.3% in 2019.

From 2017 to 2020, the Asia-Pacific nutraceutical industry's increasing preference for supplementary foods led to a 2.6% increase in the demand for cereal ingredients. Growing health concerns and increasing adoption of vegetarian lifestyle led to a 1.7% increase in demand for cereal ingredients in the food and beverage industry in the ASEAN region and Japan in 2019.

The market in South America recorded a growth rate of 2.1% owing to the increasing adoption of healthy lifestyles among the people living in the region. The Middle East and Africa market showed a growth rate of 1.5%, mainly in countries such as the United Arab Emirates, Israel and Egypt, which are rapidly adopting Western lifestyles.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Increased health-related concerns, increasing demand for nutrient-dense foods, and increasing adoption of vegan lifestyles are the major drivers for the growth of the global cereal ingredients market.

A survey conducted by Plant Protein Co. in the United States concluded that the number of people on a vegan diet increased by 500% in 2020 compared to the survey conducted in 2014. The U.S. retail industry reported a 11 percent increase in sales of cereal products between 2018 and 2019, with the plant-based food market valued at $4.5 billion. 2021 in the US. Rising consumption of plant-based products is driving the demand for cereal ingredients in the U.S. and North American markets.

According to a July 2020 Kellogg report, nearly 32.8% of the world’s population and more than 47% of the population in developed countries prefer cereal for breakfast. Such a large population and growing demand for breakfast cereals among people living in developing countries is forecasting the cereal ingredients market to grow at a CAGR of 3.2% during the period 2019-2027.

Global beer production hits the 200 billion liter mark in 2020, accounting for nearly 18% of global wheat, maize, maize and wheat production, according to a report in the Applied Sciences Journal on April 1, 2021 by Adriana Dabija et al. The factory uses barley to produce beer and other alcoholic beverages. Rising consumption of alcoholic beverages has led to increased demand for grain ingredients in the global alcoholic beverages manufacturing industry to 2021.

The use of cereal ingredients in the manufacture of unit packaged foods holds a substantial opportunity to increase sales in developing and less developed countries. The quantity of unit packaged food is limited, usually less than 5, and it is economical and favored by people in low- and middle-income countries. Mass production of these products is key to expanding market size and customer base in unrecognized markets.

According to an August 2019 report by the World Health Forum, the global plant-based nutritional market is worth $120 billion. 2018. Increased demand for supplements and dietary products among people of all ages has led to growth in demand for cereal ingredients.

Consuming carbohydrate and protein foods along with vigorous exercise to stay healthy is the basic concept of Keto. The increase in the number of people following the Keto lifestyle has resulted in an increased demand for high carbohydrate and plant-based products. In response to this growing demand, on September 12, 2020, General Mills introduced seven new cereal ingredients made from oats, barley and wheat, with added cinnamon, chocolate, apples and other ingredients for following Keto Used by people on a Diet diet. General Mills' market estimates indicate that sales of these new cereal ingredients will reach $124.3 million. by 2024.

Report Scope of Global Cereal Ingredients Market:

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
• The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Frequently Asked Questions-

What is the CAGR of Cereal Ingredients market?

The Cereal Ingredients Market is growing at a CAGR of 5.2% During Forecast Period.

 What are the key types and applications of Cereal Ingredients market?

- Wheat, Rice, Oats, Barley, Corns

- Hot Cereal, Cold Cereal

Who are the key players in Cereal Ingredients market?

Kerry, ADM, Bunge, Associated British Food, ABF, Sunopta, Ricebran Technologies, Cereal Ingredients, Archer Daniels Midland, Limagrain, And others.

Any special requirements about this report, please let us know and we can provide a custom report.

Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.