Market Overview

US Grain-Based Food Demand to Reach $116 Billion in 2022

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US Grain-Based Food Demand to Reach $116 Billion in 2022

PR Newswire

CLEVELAND, July 24, 2018 /PRNewswire/ -- US demand for grain-based foods is forecast to reach $116 billion in 2022, according to Grain-Based Foods: United States, a report recently released by Freedonia Focus Reports. Advances will be driven by population growth and a burgeoning grab-and-go food trend favoring foods that are portable and quick to prepare.

Freedonia Group logo (PRNewsFoto/The Freedonia Group)

More information about the report is available at https://www.freedoniafocusreports.com/Grain-Based-Foods-United-States-FF10016/

Demand for commercial and retail bakery products is forecast to remain the largest segment. Advances will stem from increased awareness of dietary guidelines and rising consumer consumption of whole grains and fiber, driven by healthy perceptions of these products. In addition, rising consumer interest in alternative grain and bread-making methods (e.g., rustic artisan, sprouted grain) will drive commercial and retail bakeries to offer products incorporating these developments, boosting sales.

These and other key insights are featured in Grain-Based Foods: United States. This report forecasts to 2022 US grain-based foods demand and shipments in nominal US dollars at the manufacturer level. Total demand and shipments are segmented by product in terms of:

  • commercial and retail bakeries
  • dough, pasta, and tortillas
  • crackers
  • cookies
  • breakfast cereals
  • frozen goods
  • other products such as granola and cereal bars, non-frozen perishable prepared foods, and grain-based snack foods

To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2007 to 2017.

About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:

  • total historical market size and industry output
  • segmentation by products and markets
  • identification of market drivers, constraints, and key indicators
  • segment-by-segment outlook in five-year forecasts
  • a survey of the supply base
  • suggested resources for further study

Press Contact:
Corinne Gangloff
+1 440.684.9600
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group

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