Global Breakfast Cereals Market 2024-2028
The breakfast cereals market is forecasted to grow by USD 4102.1 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the breakfast cereals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus of vendors on new product launches, increasing demand for rte breakfast cereals, and rising working population.
Technavio's breakfast cereals market is segmented as below:
By Distribution Channel
- Supermarkets and hypermarkets
- Independent retailers
- Convenience stores
- Others
By Product Type
- Ready-to-eat cereals
- Hot cereals
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increasing focus on health and wellness among consumers as one of the prime reasons driving the breakfast cereals market growth during the next few years. Also, increasing internet and e-commerce users and growing demand for organic breakfast cereals will lead to sizable demand in the market.
The report on the breakfast cereals market covers the following areas:
- Breakfast cereals market sizing
- Breakfast cereals market forecast
- Breakfast cereals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading breakfast cereals market vendors that include Associated British Foods Plc, B and G Foods Inc., Bagrrys India Pvt. Ltd., Bio familia AG, Bobs Red Mill Natural Foods Inc., Calbee Inc., Food For Life Baking Co. Inc., General Mills Inc., Hometown Food Co., Kellogg Co., Manischewitz Co., Marico Ltd., Natures Path Foods, Nestle SA, New England Natural Bakers, PepsiCo Inc., Post Holdings Inc., The Simply Good Foods Co., and Three Wishes Cereal. Also, the breakfast cereals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.