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Breakfast Cereal Ingredient Market is Estimated To Reach $755.4 Million By 2019
The breakfast cereal ingredient market is characterized by the presence of several companies and diversified product portfolios. The market players compete with their diversified products that can be used in various applications by their buyers. The breakfast cereal ingredient market includes large players such as Cargill Inc. (U.S.), Kerry Group Plc. (Ireland), Cereal Ingredients Inc. (U.S.), Archer Daniel Midland (U.S.), etc.
The application of breakfast cereal ingredients varies, depending on the type and end product. The usage of breakfast cereal ingredients also varies, based on the consumer need and market demand. Companies such as Bunge Limited (U.S.) and Associated British Foods Plc. (U.K.) have a strong presence in the market, too. The market also includes other players such as SunOpta Inc. (Canada) and SensoryEffects (U.S.).
The type of cereal ingredients offered by the players is important to determine the power of the market players. However, the degree of bargaining power and market share held by the firms vary by cereal ingredient category. The market also includes other players that serve as raw material suppliers to the F & B industry. Hence, the breakfast cereal ingredient market is increasing.
Cereal Ingredients Market by Type (Wheat, Rice, Oat, Corn, Barley), Application (Hot Breakfast Cereal, Cold Breakfast Cereal) & Geography - Global Trends & Forecast to 2019
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