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 Locations Chapter
Cereal-producing establishments in the United States are strategically located near sources of key inputs, such as grain and flour mills. Consequently, regions like the Plains region account for a large percentage of establishments despite their low population. Operators also choose their locations based on proximity to key markets to reduce transportation costs.
The West region of the United States represents 23.1% of establishments. California is home to more cereal manufacturing facilities than any other state in the country, with 13.8% of establishments... purchase to read more