PUBLISHER: Value Market Research | PRODUCT CODE: 1547777
PUBLISHER: Value Market Research | PRODUCT CODE: 1547777
The global demand for Breakfast Cereals Market is presumed to reach the market size of nearly USD 58.35 Billion by 2032 from USD 40.19 Billion in 2023 with a CAGR of 4.23% under the study period 2024-2032.
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.
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 research 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 an inclusive assessment of each segment in the global market of Breakfast Cereals. The growth and trends of Breakfast Cereals industry provide a holistic approach to this study.
This section of the Breakfast Cereals market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Breakfast Cereals market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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 PepsiCo, Nestle, Marico, Calbee, Bagrry India Pvt. Ltd., General Mills Inc., Kellogg Co., B&G Foods Inc., Nature'S Path Foods., Bob'S Red Mill Natural Foods. This section consists of 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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