The Latin America Cereal Ingredients Market has been estimated at USD 70 Million in 2021 and is projected to reach USD 90 Million by 2026, at a CAGR of 4.70% during the forecast period from 2021 to 2026. Cereal ingredients are mainly used in the breakfast cereals.
Cereals are rich source of vitamins, minerals, carbohydrates, fats and protein. They also enhance physical activeness and reduce the risk of obesity. Since the emergence of agriculture, cereals have provided unlimited health benefits to human health acting as a staple food in diet. They are considered to be an ideal breakfast category due to their high nutritional and low calorific value, which is aiding the growth of cereal ingredients market in Latin America.
The factors that are driving the market for cereal ingredients in Latin America are increasing demand for healthier food. Consumers are becoming diet-conscious and are eating healthy breakfast cereals. Also, globalization and the accompanying changing lifestyles have led to convenience food consumption, where cereal products are considered to be the best choice due to its high nutritive value. But, the market growth can be hampered due to high prices of cereal ingredients and cereal products.
Latin America market for Cereal Ingredients is segmented based on type and application. By type, the market is further sub-segmented into Wheat, Rice, Oat, Corn, Barley. By application, the market is further sub-segmented into Hot Breakfast Cereal, Cold Breakfast Cereal.
Geographically the Latin America Cereal Ingredients Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Latin American market is mainly growing due to is increasing in the recent times due to increasing set-up of market leaders in the cereal ingredients segment, and high penetration of market leaders into the untapped regions of Latin America, where there are wide range of opportunities for market growth.
Key Players in the Market:
Major Key Players in the Latin America Cereal Ingredients Market are
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Wheat
5.1.1.1 Wheat Flake
5.1.1.2 Wheat Grit
5.1.1.3 Wheat Puff
5.1.1.4 Wheat Chunk
5.1.1.5 Others
5.1.2 Rice
5.1.3 Oat
5.1.4 Corn
5.1.5 Barley
5.2 By Applications
5.2.1 Hot Breakfast Cereal
5.2.2 Cold Breakfast Cereal
6. Geographical Analysis
6.1 Introduction
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Kerry Group
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Ricebran Technologies
8.3 Associated British Food Plc
8.4 Archer Daniels Midland Company
8.5 Bunge Limited
8.6 SunOpta Inc
8.7 Cargill Inc.
8.8 Cereal Ingredients Inc.
8.9 Kellogg Company
8.10 Nestle S.A
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook & Investment opportunities
Appendix
a) List of Tables
b) List of Figures
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Apr 2021
