Extruded Cereals Market: Global Industry Analysis and Forecast (2023 to 2029)

Extruded Cereals Market was valued at US$ 65.61 Bn. in 2022. The Global Extruded Cereals Market size is estimated to grow at a CAGR of 5.5% over the forecast period.
Extruded Cereals Market Overview:
The report explores the Extruded Cereals market's segments (Product Type, Raw Material, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2022. The report investigates the Extruded Cereals market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Extruded Cereals market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Extruded Cereals Market Dynamics:
The Extruded Cereals are a high source of the fiber which are available in a wide variety of colors, shapes, and textures:

Extruded Cereals are small-sized grains. These require special cutting systems for controlling and changing the texture of the cereals from being soft to crunchy. In the process of cereal extraction, the cereals are cooked and textured with a combination of mechanical heat, shear, and moisture addition. After this process flavoring and coloring is done for making them look attractive and tasty. These extruded cereals are the raw-materials mixture made of grains and cereals.

The starch which is present in them cannot be digested easily. So, these cereals and grains need to be cooked to make them easily digestible. For converting them into extruded cereals, the grains and cereals need to be passed through the extrusion equipment to form into an expanded and shape-based. These Extruded cereals products are a very high source of Carbohydrates, Zinc, Iron, Magnesium, and others. As these extruded cereals are made up of nutritious grains like corn, rice, wheat, cocoa, and, others. With the change in lifestyle and consumption patterns, people are preferring nutritious whole grain foods for having healthy routines.

The growing consumption of high fiber foods results in an increase in the sales of the Extruded Cereals Market. These are factors are augmenting the demand for extruded cereal in the market. With the increase in the advanced technologies due to urbanization and Modernization there is high demand for the extruded cereal. These cereals are also available in a wide variety of colors, shapes, textures, and surface structured products which includes cocoa balls, multigrain rings, crisper rice, bran sticks, and some others that are available in the market. These variations are creating a huge demand for the Extruded Cereals Market.

Extruded Cereals contain high sugar and carbohydrates that increase in the risk of diabetes and heart risk:

Extruded Cereals are a very excellent source of Carbohydrates, Zinc, Magnesium, and some other nutritious components. Also, the changing lifestyle of the people is creating a demand for the increasing sales of the Extruded Cereals. But these cereals contain high sugar and Carbohydrates. These increase the risk of diabetes, and heart disease risks, and rising blood sugar levels would increase the health risk of the individuals. These factors related to health can hamper the growth of the Extruded Cereals market globally. For producing sugar-free or fat-free, additives-free, products that are made from these Extruded Cereals undergo various processes that are related to difficulties like the absence of vital components that are required for flavoring, texturing and binding properties for the final product production.

The important characteristic of these extruded cereals products is crispiness, this is one of the most important characteristics that consumer looks for before buying it. This reduction of fat or the removals of fats negatively impacts the texture of the extruded cereals products. The process of extraction is a short-time process of cooking cereals and grains that requires a high temperature. The fluctuations in the temperature may result in the burning or half cooking of the raw materials. These are some of the restraining factors that are hampering the overall Extruded Cereal market growth.

The upcoming advanced technologies and the modernized society are increasing consumption:

These Cereals have gained a very high demand in a few years for daily food consumption. These Cereals are highly nutritious and whole-grain food. There is a sudden rise in demand for cereals due to modernized society and the increasing consumption of cereals that requires a different and special processing technology. Some of the most value-added ingredients that are available in the market by the extrusion of the cereals are wheat flour, pre-gel corn flour, which are mostly used as a thickening agent for soups, and others. The consumption of these whole grain extruded cereals has many health benefits in curing some chronic diseases like Cancer, and Cardiovascular diseases. Also, new technologies are developed that are using the by-products of the milling industries for obtaining the active compounds for some specific food applications. All these factors are creating growth opportunities for the Extruded Cereals Market.
Market Trends:
Extruded Cereals are small-sized grains. These require special cutting systems for controlling and changing the texture of the cereals from being soft to crunchy. In the process of cereal extraction, the cereals are cooked and textured with a combination of mechanical heat, shear, and moisture addition. These Cereals have gained a very high demand in a few years for daily food consumption. These Cereals are highly nutritious and whole-grain food. Some of the most value-added ingredients that are available in the market by the extrusion of the cereals are wheat flour, pre-gel corn flour, which are mostly used as a thickening agent for soups, and others.

The consumption of these whole grain extruded cereals has many health benefits in curing some chronic diseases like Cancer, and Cardiovascular diseases. These Extruded cereals products are a very high source of Carbohydrates, Zinc, Iron, Magnesium, and others. As these extruded cereals are made up of nutritious grains like corn, rice, wheat, cocoa, and, others. These all factors are increasing the Extruded Cereals markets growth.
Extruded Cereals Market Segment Analysis:
Based on product types, the Extruded Cereals Market is segmented into Organic and Conventional. The Organic Extruded Cereals Market segment dominates the market by holding the maximum market shares. As there is a rise in the awareness of the healthy foods diet, the consumers are preferring and rapidly adopting the organic extruded cereals into their healthy routines and also making attempts for boosting consumption of high fiber foods. All of these are increasing the market’s demand for organic extruded cereals market.

Based on the Application, the Extruded Cereals market is segmented into Corn, Wheat, Cocoa, Rice, and Others. The Corn segment holds the maximum market share that is further followed by wheat and rice. The Corn segment has the fastest growing CAGR. Corn is also the most widely grown cereal with almost 1,300 million tonnes of harvest from 2019-to 2021. Further followed by Wheat i.e. 780 million tonnes and Rice with 500 million tonnes of harvest. Hence the Corn segment holds the maximum market share.
Regional Insights:
The North American region held the largest market share accounting for xx% in 2022. It is due to the modernized society which is highly adopting the extruded Cereals in their daily food consumption leading to the growth of the marketing the North American countries such as the U.S. and Canada. A large number of the population is adopting this lifestyle of consuming Extruded cereal products.

The Europe region is expected to witness significant growth at a CAGR of xx% through the forecast period. This is due to modernization; extrusion cooking has gained popularity in the food industry. The maximum consuming countries of the Europe region including Brazil and Mexico are constructively growing the scenario for the extruded cereals market. This is due to urbanization and raising the per capita income in the countries. These factors are growing the European region’s market growth.

The objective of the report is to present a comprehensive analysis of the global Extruded Cereals Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Extruded Cereals Market dynamic, and structure by analyzing the market segments and projecting the Extruded Cereals Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Extruded Cereals Market make the report investor’s guide.
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Extruded Cereals Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 65.61 Bn.


Forecast Period 2023 to 2029 CAGR:
5.5%
Market Size in 2029:
US$ 95.45 Bn.


 Segments Covered:
by Product
Organic
Conventional


by Raw Material
Corn
Wheat
Cocoa
Rice
Others



Extruded Cereals Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Extruded Cereals Market Key Players are:
1. Wilmar Group
2. Calbee, Inc.
3. Frito-Lay North America, Inc.
4. San Carlo Gruppo Alimentare S.P.A.
5. Diamond Foods, Inc.
6. Grupo Bimbo S.A.B. De C.V.
7. Kellogg Company
8. ITC Ltd.
9. Old Dutch Foods, Inc.
10.Shearer’s Foods, Inc.
11.The Lorenz Bahlsen Snack-World Gmbh & Co Kg.
12.ADM
13.Cargill
14.Cristalco
15.Glacial Grain Spirits
16.Grain Processing Corporation
17.Manildra Group
18.Merck Group
19.MGP Ingredients
20.Roquette Frères

Frequently Asked Questions:

1) What segments are covered in the Extruded Cereals Market report?
Ans. The segments covered in the market report are based on Techniques, Power, User, and End-User

2) Which region holds the highest share in the Extruded Cereals Market?
Ans. The North American region is expected to hold the highest share in the market.

3) What is the market size of the Extruded Cereals Market by 2029?
Ans. The market size of the Extruded Cereals Market by 2029 is US$ 95.45 Bn.

4) What is the forecast period for the Extruded Cereals Market?
Ans. The Forecast period for the market is 2023-2029.

5) What was the market size of the Extruded Cereals Market in 2022?
Ans. The market size of the Extruded Cereals Market in 2022 was US$ 65.61 Bn.