Breakfast Cereals Market, By Product Type (Hot cereals and Ready-to-eat cereals), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Breakfast Cereals Market, By Product Type (Hot cereals and Ready-to-eat cereals), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Breakfast cereals are a type of grain product used to satisfy one's appetite for food during the late evening and early morning. Cereal, technically pronounced chee-sorel, is a classic breakfast food made of cooked dried cereal grains. It's traditionally eaten as a light snack food, or part of a hearty breakfast, usually in Western cultures. Though breakfast cereals are available in a wide variety of flavors and ingredients, the most popular types are wheat, corn, oat, cornmeal, and soy.
Market Dynamics:
Rapid urbanization and changing lifestyle of consumer is driving growth of the breakfast cereals. Moreover, continuous launch of new and variety in product is again fostering growth of the market. For instance, in August 2021, Kellogg Company expanded its product portfolio in India adding the Froot Loops brand of cereals in the country. Froot Loops is among the fastest growing cereal brands globally and has been introduced in the Indian market based on strong consumer insights.
On the other hand, availability of alternate food range for breakfast is expected to restrict growth of the market
Key features of the study:
This report provides in-depth analysis of the breakfast cereals market, and provides market size (US$ Million & Mn Kg) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global breakfast cereals market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Kellogg Co., General Mills, PepsiCo., Cereal Partners Worldwide (CPW), Post Holdings, and The Weetabix Food Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global breakfast cereals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global breakfast cereals market
Detailed Segmentation:
Global Breakfast Cereals Market, By Product Type:
Hot cereals
Ready-to-eat cereals
Global Breakfast Cereals Market, By Region:
North America
By Product Type
Hot Cereals
Ready-to-eat Cereals
By Country
Canada
U.S.
Europe
By Product Type
Hot Cereals
Ready-to-eat Cereals
By Country
U.K.
France
Germany
Rest of Europe
Asia Pacific
By Product Type
Hot Cereals
Ready-to-eat Cereals
By Country
China
India
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Product Type
Hot Cereals
Ready-to-eat Cereals
By Country
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Product Type
Hot Cereals
Ready-to-eat Cereals
By Region
Middle East
Africa