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Cereal Production in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM31123

Cereal Production in New Mexico industry analysis

The Cereal Production industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Cereal Production in New Mexico Market Research Report

What’s Included in the Cereal Production in New Mexico Market Research Report

Definition of the Cereal Production in New Mexico?

Cereal producers acquire raw materials like corn, wheat, flour, sugar, malt extract and rice and process them into ready-to-eat and hot cereals. They also purchase raw materials from other manufacturers, like plastic and paperboard containers, for packaging purposes. The finished breakfast cereals are then sold to grocery wholesalers, retailers and food-service providers.

What’s included in the Cereal Production in New Mexico?

The Cereal Production in New Mexico includes manufacturing ready-to-eat cereal, manufacturing oatmeal, manufacturing other hot cereal foods and manufacturing other breakfast cereal foods. Related terms covered in the Cereal Production in New Mexico industry report includes cereal or cereal products that are prepared in advance and are ready for consumption. examples include cold cereals and minute-ready oatmeal, a popular trend within retail and manufacturing industries in which producers supply goods directly to stores, eliminating the middleman and products sold as the house brand of a particular supermarket or retail chain, rather than the specific manufacturer.

Industry Performance of the Cereal Production industry in New Mexico

Benchmark the Cereal Production in New Mexico industry performance with all NM county and national performance.

Cereal Production in New Mexico

#35 in Highest Revenue 0.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Cereal Production in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Cereal Production industry in New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, demand from supermarkets and grocery stores, world price of wheat and per capita disposable income are impacting Cereal Production in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Demand from supermarkets and grocery stores
World price of wheat
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Cereal Production industry in New Mexico

Access proprietary data on county in the Cereal Production in New Mexico, such as Bernalillo County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Cereal Production industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Cereal Production industry in New Mexico in 2025?

The market size of the Cereal Production industry in New Mexico is $50.9m in 2025.

How many businesses are there in the Cereal Production industry in New Mexico in 2025?

There are 1 businesses in the Cereal Production industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Cereal Production industry in New Mexico grown or declined over the past 5 years?

The market size of the Cereal Production industry in New Mexico has been growing at an average annual rate of 0.2% from 2020 to 2025.

How many employees in the Cereal Production industry in New Mexico in 2025?

There are 78 employees in the Cereal Production industry in New Mexico, which has been declining at an average annual rate of -0.3% from 2020 to 2025.