Global cereal ingredients market is set to witness a substantial CAGR of 8.75% in the forecast period of2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing consumption of beer and rising demand for healthier food are the major factor for the growth of this market.
cereal ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cereal ingredients market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Cereal ingredients are usually used in breakfast cereals and help to maintain the nutrition in the food. Wheat, rice, oats, barley and others are some of the common cereal ingredients. They are very important part of the human diet. It also helps in improving the cholesterol and insulin level, memory, obesity and others. They have high calorific and nutritional value. Increasing health consciousness among population is the factor fuelling the growth of this market.
Key Market Competitors:
Few of the major competitors currently working in the cereal ingredients market are Archer Daniels Midland Company, Kerry Inc, Bunge Limited, Associated British Foods plc, SunOpta, RiceBran Technologies, Cereal Ingredients, Inc., Groupe Limagrain, Healthy Food Ingredients, LLC., Kayem Food Industries Private limited, SensoryEffects, Inc., TreeHouse Private Brands, Inc., PGP International, Organic Milling, BELOURTHE S.A., Dailycer, Barbara’s, Grain Millers, Inc., Pecan Deluxe Candy Ltd., Attune Foods and others,
Global Cereal Ingredients Market Segmentation:
- By Type (Wheat, Barley, Rice, Oats, Others)
- By Application (Animal Feed, Breakfast Cereal, Brewing, Bio Fuel, Others)
- By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
- Rising demand from livestock industry will drive the market
- Increasing urban population worldwide is also driving the market growth
- Growing demand for nutritive and natural food will also contribute as a factor for the growth of this market
- High consumption of grains and cereal as staple diet is also driving the growth of this market
- Increasing obesity among population will also propel the market growth
- Dearth of proper research for quality improvement will restrain the market growth
- High price of logistics and packaging is affecting the cereal price which will hamper the market
- Adulteration of cereal and cereal products will also restrict the growth
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
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