18 October 2019 - Global Cereal Meal
and Groat Market is anticipated
to witness significant growth in the forecast period owing to rise in demand
for food across the globe. Cereal meal is made from cereal grains, which is
normally consumed at breakfast. Different types of breakfast cereals are highly
preferred by large population on the global scale. Among all, oatmeal is a
highly consumed cereal that helps in treating several health issues. Groats are
also extremely nutritious majorly used in porridge and soups.
The
market is driven by factors like growing world population (infant supplements),
increasing disposable income of consumers, and changing eating habits of public
on the global scale. Moreover, increase in awareness among consumers for
healthy lifestyle for breakfast as well as snacks and increasing urbanization
assisted by developing economy are also fueling the cereal meal and groat
market. However, increasing production and adoption of substitutes like Quinoa
meal, cornflakes and brown rice is hampering the market growth.
Breakfast
cereal manufacturers are introducing cereals in a wide range of flavors, which
is an emerging trend in this market. Moreover, rising use of oat meal for
animal feed and skin care products is another emerging trend in the market. The
market is categorized on the basis of type, application, and geography. On the
basis of type, market is divided into wheat meal, maize meal and groats, and
others. Wheat meal segment holds larger share of cereal meal and groat market
owing to the increasing demand from the developing economies.
Based
on application, market is bifurcated into direct consumable foods and food
processing industrial application. Direct consumable foods segment is expected
to lead the market owing to the growing health conscious population.
Geographically, market is segmented as North America, Europe, Asia Pacific, and
Middle East & Africa. Asia Pacific region leads the market owing to high
production of cereals and groats and developing food-processing industry. North
America and Europe are also the dominant regions due to explosive demand from
the region.
The
major players profiled in cereal meal and groat market comprise Nature's Path
Foods, Inc., Nestlé S.A, Hamlyn's Of Scotland, General Mills, Inc., Cargill,
Quaker Oats Company, Kellogg NA Co., Weetabix Ltd., Incorporated, Bagrry's India
Ltd, World Finer Foods.
Market Segment:
The latest market data for this research
include:
•
Overall cereal meal and groat market size, 2011-2022
•
Cereal meal and groat market size by product segment, 2011-2022
•
Growth rates of the overall cereal meal and groat market and different product
segments, 2011-2022
•
Shares of different product segments of the overall cereal meal and groat
market, 2011, 2017 and 2022
The product segments discussed in the
data reports include:
•
Maize (corn) meal and groats
•
Wheat meal
•
Other cereal meal and groats
The reports help answering the following
questions:
•
What is the current size of the cereal meal and groat market in the world and
in the top 10 global countries?
•
How is the cereal meal and groat market divided into different product
segments?
•
How are the overall market and different product segments growing?
•
How is the market predicted to develop in the future?
•
What is the market potential compared to other countries?
Comments
Post a Comment