Grain Based Food Market Size is growing at CAGR of 13.1%, this report covers analysis by Market Segmentation, Growth and Forecast 2024 - 2031
The "Grain Based Food Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Grain Based Food market is expected to grow annually by 13.1% (CAGR 2024 - 2031).
This entire report is of 143 pages.
Grain Based Food Introduction and its Market Analysis
The global Grain Based Food market research report examines market conditions, identifying growth opportunities and challenges. Grain Based Food includes products such as bread, pasta, cereals, and snacks. The target market includes consumers seeking convenient, healthy, and affordable food options. Major revenue drivers include changing consumer preferences towards wholesome and natural products, extensive product innovation, and increasing demand for gluten-free options. Key players in the market are Cargill, General Mills, Nestlé ., Pepsico, Kellogg, Mondelez International, and others. The report recommends companies focus on product diversification, strategic partnerships, and sustainable manufacturing practices to remain competitive in the market.
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The grain-based food market comprises various products such as baking goods, pasta, desserts, and others. The market is segmented based on application into online sales and offline sales. Online sales have been witnessing significant growth due to the convenience and wide variety of options available.
Regulatory and legal factors play a crucial role in shaping the market conditions for grain-based foods. Compliance with food safety regulations, labeling requirements, and quality standards are essential for businesses operating in this sector. Additionally, consumer preferences for organic and gluten-free products are driving the market towards cleaner labels and transparency in ingredient sourcing.
Overall, the grain-based food market is dynamic and competitive, with continuous innovation in product development and marketing strategies. Businesses need to stay informed about regulatory changes and consumer trends to stay competitive in this ever-evolving market landscape.
Top Featured Companies Dominating the Global Grain Based Food Market
The global grain-based food market is highly competitive, with key players such as Cargill, General Mills, Nestlé ., Pepsico, Kellogg, Mondelez International, Flower Foods, Bob’s Red Mill, Food for Life, Grupo Bimbo, Campbell, Aunt Millie, Aryzta, and Nature’s Path Foods. These companies operate in various segments of the grain-based food market, including breakfast cereals, bakery products, snacks, and more.
These companies use innovative product development, strategic partnerships, and marketing strategies to grow their market share in the grain-based food market. For example, General Mills has introduced new cereal flavors and packaging to attract consumers, while Nestlé S.A. has focused on health and wellness trends by offering gluten-free and organic options.
In terms of sales revenue, some of the above-listed companies have reported the following figures in recent years:
- General Mills reported a total net sales of $17.6 billion in fiscal year 2020.
- Kellogg reported net sales of $13.8 billion in 2020.
- Mondelez International reported net revenue of $26.6 billion in 2020.
- Grupo Bimbo reported net sales of $16.2 billion in 2020.
Overall, these companies play a crucial role in driving the growth of the grain-based food market by offering a wide range of products that cater to different consumer preferences and dietary needs. Their ongoing investment in research and development, brand building, and distribution channels contribute to market expansion and innovation in the industry.
- Cargill
- General Mills
- Nestlé S.A.
- Pepsico
- Kellogg
- Mondelez International
- Flower Foods
- Bob’s Red Mill
- Food for Life
- Grupo Bimbo
- Campbell
- Aunt Millie
- Aryzta
- Nature’s Path Foods
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Grain Based Food Market Analysis, by Type:
- Baking
- Pasta
- Dessert
- Others
Grain-based foods are classified into various categories, including baking products, pasta, desserts, and other products such as cereals and snacks. Baking products like bread and pastries are popular choices for breakfast and snacks. Pasta is a staple in many cuisines worldwide, while desserts like cakes and cookies offer indulgent treats. Other grain-based products like cereals and snacks provide convenient and quick meal options. The diverse range of products appeals to different consumer preferences, leading to a growing demand for grain-based foods in the market. This variety of options helps boost the overall demand for grain-based food products.
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Grain Based Food Market Analysis, by Application:
- Online Sales
- Offline Sales
Grain Based Food products are sold both online and offline. In online sales, consumers can purchase these products through e-commerce platforms and have them delivered to their homes. Offline sales involve physical retail locations such as supermarkets and specialty stores. Grain Based Food products are used in a variety of ways, including as main dishes, sides, snacks, and ingredients in various recipes. The fastest growing application segment in terms of revenue is online sales, as more consumers are choosing the convenience of shopping online for their food products.
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Grain Based Food Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The growth of the grain-based food market is significant in various regions across the globe. In North America, countries like the United States and Canada are witnessing a rise in demand for grain-based products. In Europe, Germany, France, the ., Italy, and Russia are key players in the market. In Asia-Pacific, China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are driving market growth. Latin America, including Mexico, Brazil, Argentina, and Colombia, is also experiencing a surge in the consumption of grain-based foods. In the Middle East & Africa, Turkey, Saudi Arabia, UAE, and Korea are emerging markets.
Among these regions, Asia-Pacific is expected to dominate the grain-based food market with a market share of around 40%. Europe follows closely behind with a market share of 25%, while North America and Latin America each account for around 15% of the market share. The Middle East & Africa are expected to have a smaller market share, around 5%. Overall, the global grain-based food market is projected to continue growing steadily, with a market share of approximately 100 billion USD by the end of the forecast period.
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