The global demand for Breakfast Cereals Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Breakfast cereals are cereal grains that are flaked, puffed, shredded, or extruded for consumption as a convenient breakfast. They are produced by sequential operations of cooking, shape-forming, and drying, with the following options of sweeteners, vitamin and mineral fortification, flavorings, and particulate additions before packaging. These processed cereals are made from whole grains or parts of corn, wheat, rice, barley, or oats. They are generally crisp and are made with high sugar content. There are two different kinds of cereal: hot, which needs to be cooked, and cold cereals that can be eaten raw or mixed with milk or yogurt.
Market Dynamics
Growing demand for ready to eat packaged breakfast due to busy lifestyles is the vital signs promoting this market's growth. Increased marketing and penetration of e-commerce in the large and dynamic food industry will boost the market growth. Frequent innovations in the choice of flavors, textures, and technologies to add vitamins and minerals to make them a nutritious breakfast will be a market booster. The cereals gaining popularity among kids as a convenience food and western culture influence on food habits will further propel market growth. The high sugar content and preservatives added to increase these cereals' shelf life will be the leading causes of a significant setback in this market's development.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of breakfast cereals.
Market Segmentation
The entire Breakfast Cereals market has been sub-categorized into product, distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Ready-to-eat (RTE)
- Hot cereals
By Distribution Channel
- Supermarket
- Convenience Stores
- E-Commerce
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for breakfast cereals market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Breakfast Cereals Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the breakfast cereals market include General Mills, Inc., Alara Whole Foods Ltd., Nestlé S.A., Kellogg Company, Pepsico, Inc., Bagrrys India Ltd., Attune Foods LLC, B&G Foods Inc., Marico Limited, Bobs Red Mill Natural Foods Inc.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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