Market Data Forecast recently published a report on the North America Cereal Ingredients Market which estimates the market to grow from USD 228.18 million from 2016 to USD 260.94 million with a high CAGR of 2.90%.
Cereal ingredients are mainly used in the breakfast cereals, due to its nutritional value. Also, these ingredients play a main role in maintaining the nutritive quality and taste in the food product. It helps in maintaining balanced insulin and cholesterol levels, and induces physical activeness. With the habit of skipping breakfast reducing gradually, the market for cereal ingredients is growing up very swiftly.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analyzed in the section are increasing health issues like obesity and diabetes, and increasing demand for healthier food, due to which there is growing awareness in the consumers about both the nutritional benefits of cereal products and disease condition, due to which they are opting this healthier choice over the regular breakfast products. But, the market growth can be restrained due to high prices of cereal products.
The products are segmented based on Type and Application and studied for a deep-level understanding of the Cereal Ingredients Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Type: Wheat o Wheat Flake o Wheat Grit o Wheat Puff o Wheat Chunk o Others Rice Oat Corn Barley
Based on Applications: Hot Breakfast Cereal Cold Breakfast Cereal
Geographically, North America market for Cereal Ingredients is segmented into U.S and Canada. U.S.A is the leading market for Cereal ingredients in terms of market share contribution in the North America market. The demand for processed food is high in developed markets of U.S and Canada, which leads to an increase in breakfast cereals. Hence, the companies are planning to enlarge their product pipeline, and are trying to come up with interesting and innovative options and varieties in cereal products.
As per the report, companies like Kerry Group, Associated British Food Plc, Nestle S.A, Archer Daniels Midland Company, Bunge Limited, Kellogg Company, SunOpta Inc Cargill Inc. Cereal Ingredients Inc., and Ricebran Technologies.
Emerging trends: • Emergence of breakfast cereals made up of whole grains which are good sources of nutrients such as selenium, potassium, and magnesium. • The growing good-will of the end-users towards various cereals.
Scope of the North America Cereal Ingredients Market: • Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region • To detect major focus areas of industrial growth Segment-level analysis on basis of Type and Application along with market size forecasts and y-o-y estimations are provided • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. • An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment • Mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape • Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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