Global Breakfast Cereal Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global breakfast cereal market in its upcoming report titled, “Global Breakfast Cereal Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global breakfast cereal market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global breakfast cereal market report has been segmented on the basis of product type, source, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Breakfast cereals are ready-to-eat processed food made using cereal grains such as wheat, corn, rice, maize, etc. Breakfast cereals can be consumed with milk and fresh fruits and it provides a healthy breakfast option for individuals of all age groups. Cereals made using whole grains without added sugar are proven to be healthy and nutritive breakfast. These products contain carbohydrates, proteins, vitamins and dietary fibers which are beneficial of health of consumers. Availability of different types breakfast cereals in the market is increasing preference towards it.
Increasing demand for ready-to-eat food for breakfast is a major factor driving growth of the global breakfast cereal market. Growing health awareness and increasing adoption of nutritious and low calorie food are also key factors fueling growth of the global market. Growing awareness regarding importance of healthy breakfast among individuals is also factor propelling growth of the target market. Cereals is popular breakfast menu in western countries; and growing influence of western food culture and increasing penetration of processed food companies in the market of developing countries are factors boosting growth of the global market. Furthermore, changing food habits and increasing disposable income of individuals in developing economies are also factors expected to drive growth of the global market.
However, loss of nutritional content in breakfast cereal, owing to food processing methods and excessive added sugar in frosted and sugar coated breakfast cereals results into lack of nutrition. These factors are expected to hamper growth of the global breakfast cereal market.
Increasing development activities in food processing methods which can restrict nutritional loss in cereals and addition of more nutritional content can create high revenue opportunities for target players in the market.
The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to rising demand for convenient food for breakfast among consumers in the region. The market in Europe is expected to account for second-highest share in the market in terms of revenue over the forecast period, owing to increasing popularity of nutritional food products in the region. The market in Asia Pacific is expected to witness lucrative growth especially in India and China.
Global Breakfast Cereal Market Segmentation:
Segmentation by product type:
- Hot Cereals
- Ready to Eat Cereals
Segmentation by source:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Kellogg Company
- General Mills, Inc.
- Post Holdings Inc.
- PepsiCo, Inc.
- Nestlé S.A
- The Quaker Oats Company, Inc.
- Cereal Partners Worldwide S.A.
- Weetabix Limited
- The Jordans & Ryvita Company Limited
- TreeHouse Foods Inc.
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