Cereal Ingredients Market - Global Industry Size, Forecast 2016 – 2024

Cereal Ingredients Market - Global Industry Size, Forecast 2016 – 2024

  • Submitted By: amyjames
  • Date Submitted: 05/24/2016 10:24 PM
  • Category: Business
  • Words: 848
  • Page: 4

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Cereal crops are cultivated for their edible component i.e. grain. These are a source of energy to the humans and are grown in
large quantities. Moreover these are also called as staple crops. Cereals are rich source of vitamins, minerals, carbohydrates,
fats and protein. In developing countries cereal ingredients such as rice, maize, millet and wheat are the source of daily
sustenance. While in developed countries due to inclination of people towards fast- foods and ready to eat food, cereal
ingredients have moderate and variable consumption, however they still play substantial role in daily diet.
The cereal ingredients market can be segmented by type as- Wheat, Maize, Rice, Oats, Sorghum and Barley. However the
market can also be segmented by application- Animal feed, Breakfast cereal, Brewing and Bio-fuel. The market can also be
segmented geographically as- North America, APAC, Europe and Rest of the World (RoW) regions.
Increasing demand for cereal grains by livestock industry coupled with rising consumption of cereal as staple food are the
drivers for cereal ingredients industry. Moreover rise in consumption of beer has also escalated demand for malting cereals such
as barley and oats. One of the major restraining factors for the cereal ingredients market is potential for contamination of
cereals and cereal products by pests, rusts, mycotoxins and smuts. Lack...

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