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Cereal Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cereal Production Market Research Report | NAICS 31123 | Jan 2014

Whole grains: Increasing demand for healthier options will enable modest growth

IBISWorld’s Cereal Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 09-14
-2.1%
Annual Growth 14-19
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Profit
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Employment
13,674
Businesses
35
Industry Analysis & Industry Trends

Stagnant performance for the Cereal Production industry over the past five years was largely guided by overall economic conditions. As per capita disposable income declined during the recession, more consumers turned to cereal as a healthy and inexpensive breakfast option. However, when the economy began to recover and per capita disposable income increased, people with relaxed budgets and less time returned to previous breakfast habits of obtaining food on the run at cafes or coffee shops. During the five years to 2019, revenue performance is forecast to improve compared to the previous five-year period. As the economy continues to recover, per capita disposable income is anticipated to increase, resulting in mixed demand for cereal products... purchase to read more

Industry Report - Industry Analysis Chapter

Stagnant performance for the Cereal Production industry over the past five years was largely guided by overall economic conditions. As per capita disposable income declined during the recession, more consumers turned to cereal as a healthy and inexpensive breakfast option. However, when the economy began to recover and per capita disposable income increased, people with relaxed budgets and less time returned to previous breakfast habits of obtaining food on the run at cafes or coffee shops. In addition, input costs surged amid fluctuating food prices during the period, significantly challenging profitability for industry operators... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cereal Production Industry?

Operators in this industry acquire raw materials such as corn, wheat, flour, sugar, malt extract and rice that are processed into ready-to-eat and hot cereals. They also purchase raw materials, such as plastic and paperboard containers, from other manufacturers for packaging purposes. The finished breakfast cereals are subsequently sold to grocery wholesalers, retailers and food service providers. Energy, cereal, granola and protein bars are not included in this industry.

Industry Products
Ready to serve corn breakfast foodsReady to serve wheat breakfast foodsOther ready to serve grain breakfast foodsHot Cereals
 
Industry Activities
Manufacturing ready to eat cerealManufacturing hot cereal like oatmealManufacturing other breakfast cereal foods


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