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Global “Breakfast cereal Market” Report – CAGR Status, Market Growth, Trends, Analysis and Forecasts (2019 – 2024) – 360 Market Updates

Breakfast cereal

Breakfast cereal Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Breakfast cereal market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Breakfast cereal Market report is anticipated to register a CAGR of 4.5% over a five years forecast period (2018 – 2023).”

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List of Major Key players operating in the Global Breakfast cereal Market are –

  • Abbott Nutrition
  • Attune Foods
  • Back to Natures Food Company
  • LLC
  • Bobs Red Mill Natural Foods
  • Carmans Fine Foods
  • Dr. Oetker
  • Food for Life Baking Co. Inc.
  • Freedom Foods
  • Freedom Foods Group
  • General Mills
  • Kelloggs
  • Migros
  • Nestle S.A.
  • PepsiCo Inc.
  • Post Foods

Market Insight

The highly concentrated global breakfast cereals market is currently driven by changing food habits and influence of western culture on dietary patterns of consumers in many developing economies. The market leaders are innovating their product offerings to cater to the diversified customer interests throughout the world. The global breakfast cereals market was estimated at USD 47.10 billion in 2016 and is poised to register a CAGR of 4.5% during the forecast period.
The breakfast cereals market has experienced a slight slowdown in growth in the recent years due to the increase in consumption of snack bars. The inclusion of gluten free cereals have fuelled the growth in the demand for breakfast cereals owing to rise in the trend for gluten intolerance consumers across the globe. Rise in consumer demand for “snackification” has been a crucial factor for the growth of breakfast cereals market.

General Mills has launched two cereals themed around Girl Scout cookies. One of the flavor is Thin Mints, a cereal that is sure to taste like chocolate wafers with a zing of spearmint. The other one is a Caramel Crunch, which tastes like the Caramel deLites cookies.

Market Dynamics

Changing breakfast habits and demographics across the emerging economies have been acting as the major growth drivers for global demand of breakfast cereals. The increasing preference of western dietary patterns has further led to the growth of global breakfast cereals market in the recent past. The wide assortment of alternative breakfast items specific to every region and inexpensive breakfast options may create obstacles for the growth of the market. The breakfast cereals market has an opportunity to grow tremendously due to the ongoing product innovation in the flavors and inclusion organic ingredients in breakfast cereals.

Market Segmentation

The global breakfast cereals market is broadly classified by product type, distribution channels and geography. By product type, ready to eat cereals accounted for the majority share primarily in the North American and European regions. The hot cereal segment is anticipated to register a high growth in the Asia-Pacific region. The number of convenience stores has increased, in the last decade, as a major distribution channel for cereal products.

Regional Analysis

The North America market, led by the United States, holds the majority of the global breakfast cereal market demand, followed by Europe. Asia- Pacific is predicted to grow at an accelerating rate over the forecast period 2017-2022. Consumers in Asian countries like China and India prefer hot cereals containing rice or wheat as major ingredients. These nations are anticipated to register a high growth owing to rise in consumer preferences for ready to eat meals coupled with busy lifestyles in this region.

Competitive Landscape

Major Players – ABBOTT NUTRITION, ATTUNE FOODS, BACK TO NATURES FOOD COMPANY, LLC, BOBS RED MILL NATURAL FOODS, CARMANS FINE FOODS, DR. OETKER, FOOD FOR LIFE BAKING CO. INC., FREEDOM FOODS, FREEDOM FOODS GROUP, GENERAL MILLS, KELLOGGS, MIGROS, NESTLE S.A., PEPSICO INC. and POST FOODS, among others.

Global breakfast cereals market possesses a brand specific market value, wherein companies like Kelloggs and General Mills account for a majority market share. Market players are currently focusing on catering to region specific breakfast habits to promote their products and increase their brand value. Hence, brand loyalty and customer orientation are significant parameters for the market value. Frequent mergers and acquisitions have been observed across the industry.

Reasons to Purchase this Report

• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,

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Scope of the Report:

The report analyses Breakfast cereal market, which includes –

  • Analysis of the growth of Breakfast cereal market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Breakfast cereal market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Breakfast cereal market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Breakfast cereal market are discussed.
  • The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Breakfast cereal Market Report:

  • Varying dynamics of the Breakfast cereal industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
  • Breakfast cereal market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Breakfast cereal market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Breakfast cereal Market Report:

  • The report analyses how stringent emission control norms will drive the global Breakfast cereal market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Breakfast cereal market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Breakfast cereal:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

Look into Table of Content of Breakfast cereal Market Report @ https://www.360marketupdates.com/TOC/12887265#TOC

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