Breakfast Cereals Market By Product Type (Hot Cereals, Ready to Eat) - Growth, Future Prospects, Competitive Analysis And Forecast To 2016 - 2023

Breakfast cereals are usually the food procured from processed grains that is consumed as morning meal of the day either mixed with milk or yogurt or with fruit. Rising trend to adopt western dietary patterns especially in developing economies such as India, Malaysia and Indonesia is anticipated to bolster the growth of breakfast cereals market over the period 2016-2023. Different consumers available in urban areas are familiar to consuming cereals along with milk for breakfast which is convenient to prepare as well as provide different benefits related to health. Besides this, rising personal disposable income in emerging economies as well as added health benefits available in the content of breakfast cereals is likely to bolster the demand for breakfast cereals over the next few years.  Rising health awareness towards healthy eating habits is expected to spur the demand for breakfast cereals market over the forecast period.

Change in lifestyle along with increased consumption of ready to eat products is expected to drive the growth of global breakfast cereals market over the forecast period. Besides this, enhancing personal disposable income in developing economies, rise in number of women on workforce as well as rising health consciousness among consumers is anticipated to intensify the growth of breakfast cereals market over the period 2016-2023. Rising trend of consuming low calorie food as well as high fiber content products for weight loss anticipated to impel the growth of breakfast cereals market over the period 2016-2023. Apart from this, rising demand for more value added cereals comprising high fiber content, whole wheat and other ingredients is anticipated to fuel the growth of the market till 2023.

Breakfast cereals market has been estimated to be valued at US$ 37,753.2 Mn by the end of 2016 and is expected to attain revenue of US$ 51,080.9 Mn by 2023, expanding at a CAGR of 4.4% during the forecast period 2016-2023.

Breakfast Cereals Market

Purpose of the Report

The purpose of this strategic research study titled “Global Breakfast Cereals Market - Growth, Future Prospects, and Competitive Analysis 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global breakfast cereals market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Breakfast Cereals Market - Growth, Future Prospects, and Competitive Analysis 2016 – 2023” offers strategic insights into the global breakfast cereals market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on product type and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading breakfast cereals vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within breakfast cereals industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global breakfast cereals market, of growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

On the basis of geography, the global breakfast cereals market is segmented into following categories,

  • North America
    • U.S.
    • Canada
  • Europe
    • EU
    • CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

Breakfast Cereals Market

It has been noticed that consumers are inclining and becoming more apprehensive towards health consciousness. This has prompted the companies to look beyond the development of such products which will enhance the strength vitality of consumers. Thus, increasing inclination towards naturally manufactured products and changing mindset of consumer towards ready to eat goods is anticipated to bolster the growth of breakfast cereals market over the period 2016-2023. The global breakfast cereals market is segment on the basis of geography. North America contributed the highest revenue share in total breakfast cereals market with a contribution of more than 40% by end of 2015. Followed by it, Europe stood at second position in the same year. Higher health awareness and consciousness and awareness along with high population spending in these developed regions is anticipated to contribute for double digit growth rate of these regions during the projected period. Asia Pacific is anticipated to have a higher growth rate due to rising health awareness and changing lifestyle of people all over the world.

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Published Date:  Dec 2016
Category:  Food & Beverage
Report ID:   58270
Report Format:   PDF
Pages:   120
Rating:    4.1 (55)
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