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GLOBAL CEREALS AND GRAINS PROCESSING INDUSTRY:
The market for cereals and grains processing is predicted to develop at a 10.40 percent annual rate. The increased demand for food products is fueling the expansion of the cereals and grains processing market. The rising population in emerging countries, as well as rising economic growth, rising livestock population, and increased seed replacement rates, are all driving the rise of the cereals and grains processing business. Furthermore, technological developments and modernization of manufacturing processes will expand the market for cereals and grains processing. Because of many government attempts to increase the quality of food items, the worldwide market for grain and cereal crops has been growing at a rapid pace. Not only has the market for grain and cereal crops grown in size, but the quality of its products has also improved significantly. The global demand for grain and cereal crops has increased as a result of the health benefits that these commodities provide to the general public. Furthermore, processed grains or cereals are now added to a variety of packaged and non-packaged food products to improve the nutritional content of the food. Because of these factors, it’s safe to assume that worldwide demand for grain and cereal crops will skyrocket. It has also been revealed that farmers are receiving additional subsidies for the cultivation of grain and cereal crops, potentially improving harvest quality. This is also expected to have a significant influence in the expansion of the global grain and cereal crop markets.
BREAKFAST CEREAL MARKET:
The worldwide breakfast cereal industry is expected to grow at a CAGR of 4.3 percent over the next five years. One of the important trends driving market expansion is the growing popularity of on-the-go breakfasts, which is being fueled by increased demand for organic cereals and rising consumer health awareness. Oats, rice, barley, wheat, and corn are some of the most commonly utilised grains. Only a few hot cereals, such as oatmeal, include no other ingredients, while others may contain colouring agents, yeast, salts, minerals, vitamins, sweeteners, or food preservatives. The growing influence of westernisation on the eating patterns of Asia Pacific’s middle-class population is also driving up demand for morning cereals. The market’s expansion is being aided by improving food retail infrastructure and increased awareness of the health benefits of eating grain-based breakfasts. Breakfast cereals come in a variety of flavours, but grains are the most important ingredient.
Value Added Products from Nutri-Cereals: Finger Millet:
Among the small millets, finger millet, also known as ragi in India, is one of the most significant grains, with the most area under cultivation. In terms of protein (6-8%) and fat (1-2%), finger millet is equivalent to rice, but it outperforms rice and wheat in terms of mineral and micronutrient content. For a substantial portion of the population, it provides a primary source of dietary carbs. Ragi also provides a lot of health benefits and is a rich source of micronutrients in addition to the basic food components. The current demand for the well-being of society is to develop value-added food products based on ragi that can enrich nutritional value while also being advantageous to good health.
- Stiff porridge.
- Thin porridge.
- Cooked grains.
- Sweet and savory products.
- Popped products.
- Malted flour.
- Refined flour.
- Processing and value addition of cereals.
INDIA BREAKFAST CEREALS MARKET:
Breakfast Cereals Market in India is estimated to develop at a CAGR of 6.50 percent in the coming years. Cereals have long been a staple of Indian breakfasts. Breakfast cereals are becoming increasingly popular in India. The nutritional plank has been employed by breakfast cereal producers as a growth strategy. Muesli, granola, and hot cereal items are gaining popularity in India. Oats, oat bran, wheat bran, and porridge are examples of hot cereals. Hot cereals are expanding at a far quicker rate than ready-to-eat cereals in India because Indian customers like hot breakfasts. Oats have achieved widespread acceptance and appeal among hot cereals, owing to consumer awareness of the grain’s health benefits. India, being a major market with a growing middle-income group and dual-income homes, has a lot of promise for the breakfast cereal market, which requires healthy, convenient, and tasty options.
TOP PLAYERS WORLDWIDE:
- Nestle
- Pepsico
- Bagrry’s India Ltd
- Sanwaria Consumer Limited
- Christy Friedgram Industry
- Kellogg India Private Limited
- Hindustan Foods Limited
- Rasi Nutri Foods
- Cropscience
- Plant Health Care
- Wolf Trax Incorporation
- Valent U.S.A. Corporation
- Germains Seed Technology
- Ceres Inc.
- Brettyoung Limited
- ASTEC Global