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    Breakfast Cereal Manufacturing Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 5/24/2021
    SIC Codes: 2043
    NAICS Codes: 31123
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
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    Excerpt from Breakfast Cereal Manufacturing Industry Profile

    Companies in this industry make ready-to-serve packaged cereal and cereals such as oatmeal and farina that must be cooked prior to eating. Major companies include General Mills, Kellogg, Post, Quaker (owned by PepsiCo), and TreeHouse Foods, all based in the US, along with The Jordans & Ryvita Company (UK) and Cereal Partners Worldwide, a joint venture between General Mills and Nestlé (Switzerland).

    Global breakfast cereals market is expected to reach around $50 Billion by the year 2027, according to GlobeNewswire. The US, Canada, the UK, and Australia are the largest breakfast cereal markets, according to Euromonitor International. The industry is targeting growth in emerging markets such as China, India, and Brazil.

    The US breakfast cereal manufacturing industry includes about 85 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $11 billion. This industry does not include companies that primarily manufacture granola bars, breakfast bars, or packaged cereal snacks.

    COMPETITIVE LANDSCAPE

    Demand is driven by demographics and health considerations, particularly the attitudes of busy families and working professionals toward the first meal of the day. The profitability of individual companies depends on managing raw material costs, operating efficiently, and maximizing retail shelf space. Large companies have advantages in purchasing, distribution, and marketing. Small operations can compete effectively by manufacturing cereals that emphasize organic or healthful ingredients. The US industry is highly concentrated: the top four companies account ...

     
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