On-the-Go Breakfast Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

On-the-Go Breakfast Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The fast-paced urban lifestyle and longer commuting times have made it challenging for city dwellers to enjoy leisurely breakfasts. As a result, the demand for on-the-go breakfast options is on the rise, driven by nuclear families, working professionals, and students. These consumers seek convenient and portable breakfast solutions that can be enjoyed while on the move. The on-the-go breakfast market is poised for growth during the assessment period.

COVID-19 Spurs Online Shopping Boom in the On-the-Go Breakfast Market

Breakfast cereals have gained popularity among health-conscious consumers and dominate the on-the-go breakfast market. Convenience stores strategically place breakfast cereals in prominent positions to attract consumer attention. While convenience stores remain a major purchasing channel for breakfast foods, the online segment is expected to witness the highest compound annual growth rate (CAGR) during the study period. The proliferation of smartphones and Internet connectivity, particularly in emerging economies, has accelerated the shift towards online shopping for on-the-go breakfast options.

Widening Distribution Networks Key to Maintaining Leadership in Europe On-the-Go Breakfast Market

Europe and North America currently hold leadership positions in the on-the-go breakfast market, driven by their heavily urbanized and post-industrial societies. Manufacturers in these regions focus on product innovation and expanding their distribution networks to increase market penetration. For example, Nestle offers its breakfast range in WHSmith fridges across hospitals, train stations, and airports in the UK. However, the Asia Pacific (APAC) region is expected to experience significantly higher CAGR as it rapidly modernizes and family sizes shrink. Asian consumers, like their counterparts in developed countries, show a preference for healthy, organic, and on-the-go breakfast options, leading to a surge in demand for fiber and protein-rich foods.

Continual Product Launches Create Dynamism in the On-the-Go Breakfast Market

The on-the-go breakfast market is highly dynamic, driven by continual product launches and innovation. Key players in the industry are constantly introducing new offerings to cater to evolving consumer preferences. For instance, Quaker Oats released fruit and oat squeezes and porridge-to-go in 2017, while Holos introduced its organic, gluten-free, and vegan ""Super-Breakfast"" in 2019. In 2020, Kind entered the market with its gluten-free breakfast bars featuring nutritious ingredients such as quinoa, buckwheat, and oats. In 2021, the Kellogg's Company unveiled the Kellogg's Bowl Bot, a robotic system that dispenses pre-programmed breakfast mixes. The company aims to stay at the forefront of the on-the-go breakfast market by embracing technological advancements and offering convenient solutions.

Key Players Driving Innovation in the On-the-Go Breakfast Market
Prominent companies profiled in the on-the-go breakfast market include MOMA, Sanitarium, Weetabix Ltd., Nestle S.A., Uncle Toby's, General Mills Inc., Bagrry's India Ltd., and the Kellogg's Company. These players continue to drive innovation and introduce new products to cater to the evolving demands of consumers.Please note: the PDF e-mail from publisher version of this report is for a global site license.