North America Cereal Ingredients Market By Type (Wheat, Rice, Oat, Corn, Barley), By Application (Hot Breakfast Cereal, Cold Breakfast Cereal), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2025 to 2033)

Updated On: June, 2024
ID: 961
Pages: 140

North America Cereal Ingredients Market Size

The North America Cereal Ingredients Market size was calculated to be USD 254.12 million in 2024 and is anticipated to be worth USD 328.68 million by 2033, from USD 261.49 million in 2025, growing at a CAGR of  2.90% during the forecast period.

Cereal ingredients are mainly used in breakfast cereals, due to its nutritional benefits. Also, these ingredients play a main role in maintaining the taste and nutritive quality in the food product. It helps in maintaining balanced cholesterol and insulin levels, and induces physical activeness. With the habit of skipping breakfast reducing gradually, the market for cereal ingredients is picking up very rapidly.

MARKET DRIVERS

The market growth for cereal ingredients is said to be driven mainly due to factors like Increasing demand for healthier food, and increasing health issues like obesity and diabetes, due to which there is growing awareness in the consumers about both the disease condition and nutritional benefits of cereal products, due to which they are opting this healthier choice over the regular breakfast products.

MARKET RESTRAINTS

However, the market growth can be constrained due to the high prices of cereal products.

SEGMENTAL ANALYSIS

By Type

  • Wheat
  • Rice
  • Oat
  • Corn
  • Barley

By Application

  •  Hot Breakfast Cereal
  • Cold Breakfast Cereal

REGIONAL ANALYSIS

Geographically the North America Cereal Ingredients Market is segmented into the US, Canada, and the Rest of North America. The U.S.A. is the largest market for Cereal ingredients in terms of market share contribution in the North American market.  The demand for processed food is high in developed markets of the U.S. and Canada, which leads to a rise in breakfast cereals. Hence, the companies are planning to expand their product pipeline, and are trying to come up with innovative and interesting options and varieties in cereal products.

KEY MARKET PLAYERS

Major Key Players in the North America Cereal Ingredients Market are Kerry Group, Ricebran Technologies, Associated British Food Plc, Archer Daniels Midland Company, Bunge Limited, SunOpta Inc Cargill Inc, Cereal Ingredients Inc, Kellogg Company, AND Nestle S.A

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