Global Cereals and Pulses Market Size, Share, Forecast 2032

According to a recent study by Market Research Store, the global cereals and pulses market size was valued at approximately USD 75.86 Billion in 2024. The market is projected to grow significantly, reaching USD 112.93 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2024 to 2032. The report highlights key growth drivers such as rising demand, technological advancements, and expanding applications. It also outlines potential challenges like regulatory changes and market competition, while emphasizing emerging opportunities for innovation and investment in the cereals and pulses industry.

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Cereals and Pulses Market: Overview

The growth of the cereals and pulses market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The cereals and pulses market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.

Key sections of the cereals and pulses market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Type, Category, Processing Type, Distribution Channel, End-Use, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.

Key Highlights:

• As per the analysis shared by our research analyst, the global cereals and pulses market is estimated to grow annually at a CAGR of around 5.1% over the forecast period (2024-2032).
• In terms of revenue, the global cereals and pulses market size was valued at around USD 75.86 Billion in 2024 and is projected to reach USD 112.93 Billion by 2032.
• The market is projected to grow at a significant rate due to rising health awareness and protein-rich diet adoption.
• Based on the Type, the Cereals (Wheat segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• On the basis of Category, the Organic segment is anticipated to command the largest market share.
• In terms of Processing Type, the Raw segment is projected to lead the global market.
• By Distribution Channel, the Supermarkets & Hypermarkets segment is predicted to dominate the global market.
• Based on the End-Use, the Household segment is expected to swipe the largest market share.
• Based on region, Europe is projected to dominate the global market during the forecast period.

Cereals and Pulses Market: Report Scope

This report thoroughly analyzes the cereals and pulses market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.

Cereals and Pulses Market: Dynamics

Key Growth Drivers :

The cereals and pulses market is experiencing significant growth driven by a confluence of global trends. A primary factor is the increasing global population, which creates a fundamental need for staple, affordable, and nutritious food sources. This is further propelled by rising health consciousness and a growing awareness of the benefits of plant-based diets. As consumers seek out high-protein, fiber-rich, and gluten-free alternatives to animal products, pulses have become an essential food source. The market also benefits from the rising demand for convenient and processed foods, as cereals and pulses are widely used as key ingredients in ready-to-eat products, snacks, and a variety of value-added foods.

Restraints :

Despite the robust growth, the market faces significant restraints, with the primary one being the volatility of crop yields and prices. Cereals and pulses are highly susceptible to climate change, extreme weather patterns, and environmental factors, which can lead to supply chain disruptions and unstable pricing. In many regions, the cultivation of these crops is heavily reliant on natural rainfall, making them vulnerable to droughts and floods. Additionally, the market faces intense competition from other food sources, and in some cases, government policies may favor the production of other crops, leading to a decline in the cultivation of cereals and pulses.

Opportunities :

The cereals and pulses market is ripe with opportunities for innovation and expansion. A key opportunity lies in the development of value-added products and new formulations, such as pulse-based flours, protein concentrates, and plant-based meat alternatives. The market can also capitalize on the rising demand for organic and clean-label products by implementing sustainable and eco-friendly farming practices. The expansion into new geographical markets, particularly in developing economies where rising disposable incomes and changing dietary habits are driving demand, presents a vast potential for growth. Furthermore, the use of advanced agricultural technologies, like precision farming and biotechnology, can help increase crop yields and improve supply chain efficiency.

Challenges :

The market must navigate several complex challenges to sustain its growth. The most pressing is the need to enhance productivity and yield, as the growth in demand continues to outpace production in many parts of the world. The industry also faces the challenge of a fragmented and inefficient supply chain, particularly in developing countries, which can lead to significant post-harvest losses and reduced farmer incomes. Lastly, the industry is under pressure to find solutions for the environmental impact of large-scale agriculture, including water usage and soil degradation, which requires a collaborative effort from farmers, manufacturers, and governments to address.

Cereals and Pulses Market: Segmentation Insights

The global cereals and pulses market is segmented based on Type, Category, Processing Type, Distribution Channel, End-Use, and Region. All the segments of the cereals and pulses market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.

Based on Type, the global cereals and pulses market is divided into Cereals (Wheat, Rice, Maize, Barley, Oats, Others), Pulses (Lentils, Chickpeas, Beans, Peas, Others).

On the basis of Category, the global cereals and pulses market is bifurcated into Organic, Conventional.

In terms of Processing Type, the global cereals and pulses market is categorized into Raw, Processed.

Based on Distribution Channel, the global cereals and pulses market is split into Supermarkets & Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, Others.

By End-Use, the global cereals and pulses market is divided into Household, Food Processing Industry, Foodservice.

Cereals and Pulses Market: Regional Insights

Asia-Pacific (APAC) is the dominant region in the global cereals and pulses market, holding the largest share in both production and consumption. This leadership is driven by massive domestic demand in countries like India and China, where cereals (rice, wheat) and pulses (lentils, chickpeas) are dietary staples and a critical source of nutrition for billions. The region is not only the largest consumer but also a major producer, with India being the world's largest producer of pulses. North America is a key player in production and export, particularly for cereals like wheat and corn, driven by highly mechanized farming and large-scale agricultural exports.

Europe also has a significant and stable market, with demand for both traditional staples and value-added, health-focused products. However, the APAC region's unparalleled scale of local consumption, cultural dietary importance, and agricultural output cement its position as the dominant force in the global market. While other regions are crucial for global trade, APAC's internal market dynamics define global supply and demand trends.

Cereals and Pulses Market: Competitive Landscape

The cereals and pulses market Report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.

The "Global Cereals and Pulses Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;

• PepsiCo Inc.
• Nestle S.A.
• Riceland Foods
• General Mills
• NHC Foods Ltd
• Associated British Foods
• Great American Spice Company
• VAP Foods ltd
• Döhler
• Kellogg Company
• Everest Spices

The Global Cereals and Pulses Market is Segmented as Follows:

By Type

• Cereals (Wheat
• Rice
• Maize
• Barley
• Oats
• Others)
• Pulses (Lentils
• Chickpeas
• Beans
• Peas
• Others)

By Category

• Organic
• Conventional

By Processing Type

• Raw
• Processed

By Distribution Channel

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retail
• Specialty Stores
• Others

By End-Use

• Household
• Food Processing Industry
• Foodservice

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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