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Global Cereals Market was worth USD 43.2 billion in 2017

 



(Food-Beverage-News.Com, March 20, 2018 ) Global Cereals Market was worth USD 43.2 billion in 2017 and estimated to be growing at a CAGR of 4.3%, to reach USD 53.32 billion by 2022. Breakfast cereals are produced from processed grains and can be consumed in dry, hot or cold form. They have become the most commonly consumed breakfast items as it is easy to make and is nutritious as well.



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Change in the breakfast habits and demographics across the emerging economies have been acting as the major growth drivers for the market growth of breakfast cereals. People are trying to imitate the Western food habits which have led to the further development of the market. Due to lower calorific value and high nutrition content, it is considered as an ideal breakfast across the world. The wide range of alternatives to the breakfast items and inexpensive breakfast options may create obstacles for the growth of the market. Moreover, the limited access to palm oil which is a major ingredient in cereals may pose a restraint to the market growth.



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The market for Cereals is broadly categorized into type, ingredient type and distribution channel. By type the market is segmented into hot cereals and ready to eat cereals. Ready to eat cereals dominate the market share. By ingredient type the market is divided into rice, wheat, corn, barley and others. Rice based cereals account for a major share of the market revenue. By distribution channel the market is classified into supermarkets and hypermarkets, independent retailers, specialist retailers, convenience stores and others.On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Cereals market was dominated by North America followed by Europe. Asia Pacific is expected to grow with the highest CAGR during the forecast period.



Market Segmentation

• Type

o Introduction

o Hot cereals

o Ready to eat cereals

o Y-o-Y Growth Analysis, By type

o Market Attractiveness Analysis, By type

o Market ShareAnalysis, By type

• Ingredient Type

o Introduction

o Rice

o Wheat

o Corn

o Barley

Some of the major companies dominating the market, by their products and services include General Mills, Kellogg Company, Nestle Inc. , PepsiCo Inc. , The Coca-Cola Company.



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•The evaluation of the current market for your product or services and the future implications of the market

•Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future

•Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment

•Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share

•The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces

•The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors

•Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments

•Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence

•Equip you with the information providing with the investment

opportunities in the industry

Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.



About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com



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Market Data Forecast

Abhishek Shukla

1-888-702-9626

abhishek@marketdataforecast.com

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