Global Cereal Ingredients Market Growth Forecast Reports by 2021
Global Cereal Ingredients market has been estimated at USD 685.40 Million in 2016 and is projected to reach USD 814.04 Million by 2021, at a CAGR of 3.5% during the forecast period from 2016 to 2021
(EMAILWIRE.COM, November 28, 2017 ) The Global Cereal Ingredients market has been estimated at USD 685.40 Million in 2016 and is projected to reach USD 814.04 Million by 2021, at a CAGR of 3.5% during the forecast period from 2016 to 2021. Cereal crops are cultivated for their edible component, as they are a source of energy to the humans. They are mainly used in the breakfast cereals. Such breakfast helps in maintaining the taste and also the nutritive quality in the food product. Improvement in memory, balanced cholesterol and insulin levels, physical activeness and low risk of obesity are some the benefits of nutritive breakfast cereals. Development of new cereal ingredients is mainly aided with high R&D work involved in this field, which is helping the market for Cereal Ingredients.
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The market for cereal ingredients is mainly driven due to factors like increasing demand for healthier food, and nutritional aspects of ingredients used in various breakfast cereals. These are the factors that are attracting the fast-paced lifestyle of people resorting to ready-to-eat products, but with healthier ingredients. However, the market growth can be hampered due to high prices of cereals and palm oil, which is one of the main ingredients in the making of cereals.
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The global market for Cereal Ingredients is segmented based on type and application. By type, the market is further sub-segmented into Wheat, Rice, Oat, Corn, Barley. By application, the market is further sub-segmented into Hot Breakfast Cereal, Cold Breakfast Cereal.
Geographically, Global market for Cereal Ingredients is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the largest market for Cereal ingredients in terms of market share contribution in the global market. Europe trails just behind, with the second largest share in the global market. Asia-Pacific is expected to witness highest growth owing to factors like economic developments paired with increasing urbanization.
Kerry Group, Ricebran Technologies, Associated British Food Plc, Archer Daniels Midland Company, Bunge Limited, SunOpta Inc Cargill Inc. Cereal Ingredients Inc., Kellogg Company, Nestle S.A, are the major players of Global Cereal Ingredients market.
Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/global-cereal-ingredients-market-1022/request-sample
The market for cereal ingredients is mainly driven due to factors like increasing demand for healthier food, and nutritional aspects of ingredients used in various breakfast cereals. These are the factors that are attracting the fast-paced lifestyle of people resorting to ready-to-eat products, but with healthier ingredients. However, the market growth can be hampered due to high prices of cereals and palm oil, which is one of the main ingredients in the making of cereals.
Buy now @ http://www.marketdataforecast.com/cart/buy-now/global-cereal-ingredients-market-1022/
The global market for Cereal Ingredients is segmented based on type and application. By type, the market is further sub-segmented into Wheat, Rice, Oat, Corn, Barley. By application, the market is further sub-segmented into Hot Breakfast Cereal, Cold Breakfast Cereal.
Geographically, Global market for Cereal Ingredients is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the largest market for Cereal ingredients in terms of market share contribution in the global market. Europe trails just behind, with the second largest share in the global market. Asia-Pacific is expected to witness highest growth owing to factors like economic developments paired with increasing urbanization.
Kerry Group, Ricebran Technologies, Associated British Food Plc, Archer Daniels Midland Company, Bunge Limited, SunOpta Inc Cargill Inc. Cereal Ingredients Inc., Kellogg Company, Nestle S.A, are the major players of Global Cereal Ingredients market.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results