How big is the Cereal Market?
According to 6Wresearch internal database and industry insights, the Global cereal market was valued at approximately USD 1.49 trillion in 2024 and is projected to reach USD 1.75 trillion by 2035, growing at a CAGR of around 1.5% during the forecast period.
This growth is supported by strong demand for staple grains, increasing consumption in developing countries, and rising food processing applications.
Key Growth Drivers of the Cereal Market
- Population growth and food security requirement in the world.
- Large use of rice, wheat, maize, and barley in the Asian-Pacific and Africa
- Greater consumption of cereals in breakfasting, bakery goods, as well as animal feed
- Trade and cereal farming policies endorsed by the government
- Improvement in agricultural technology enhancing productivity and yield
Cereal Market Trends
The cereal market is witnessing steady demand due to the essential role of grains in global diets. While volume growth is moderate, premiumization in the form of organic and fortified cereals is gaining traction. Urbanization is fueling demand for processed cereals and ready-to-eat products. Digitization and precision agriculture are helping farmers manage resources efficiently, while climate-resilient grain varieties are being adopted in vulnerable regions.
Emerging Developments in the Cereal Market
Emerging developments include integration of blockchain for supply chain transparency, use of satellite imaging and AI in crop monitoring, and increased investment in drought-resistant seed R&D. Governments and NGOs are also promoting cereal consumption for nutrition security through fortified cereal-based meals. The market is also expanding into non-food uses such as bioplastics and biofuels, especially in maize.
Major Companies in the Cereal Market
- Archer Daniels Midland Company
- Cargill, Inc.
- Bunge Limited
- Louis Dreyfus Company
- Kellogg Company
- General Mills, Inc.
- Nestlé S.A.
- PepsiCo, Inc.
- Post Holdings, Inc.
- Conagra Brands, Inc.
How big is the cereal market : FAQs
The market was valued at USD 1.49 trillion in 2024 and is projected to reach USD 1.75 trillion by 2035 at a CAGR of around 1.5%.
Asia-Pacific leads, followed by North America and Europe.
Staple food needs, processed food growth, and food security policies.
Climate risks, land availability, and limited margins in low-value grain trade.
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