Industry Analysis & Industry Trends
Overall economic conditions have largely guided the volatile performance for the Cereal Production industry over the past five years. As the economy continued to recover and per capita disposable income increased, people with relaxed budgets and less time returned to costly breakfast habits of obtaining food on the run at cafes or coffee shops. Over the next five years, revenue performance in the industry is forecast to improve compared with 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. This will enable consumers to spend more on expensive, branded 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 22.0% of establishments. California is home to more cereal manufacturing facilities than any other state in the country, with 8.5% of establishments. Enormous cropping areas and the region's large, affluent population make it ideal for cereal producers.
The Plains region accounts for 19.5% of establishments... purchase to read more