Breakfast Cereal Market Research Report
The GMI Research forecasts that the breakfast cereal market is witnessing an upsurge in demand over the forecast period. This is mainly due to the strong demand for on-the-go breakfast options, coupled with the growing influence of western culture on food habits among the young population.
Breakfast cereal is an important
source of healthy breakfast choice and has an abundant amount of nutrition. It
helps in enhancing the diet by fulfilling nutritional needs such as minerals,
vitamins, and fiber. Breakfast cereal is considered a healthy breakfast option,
which helps to develop good nutrition habits. There are a large variety of
tastes, forms, and colors of breakfast cereal that are available through
several distribution channels.
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The increasing awareness
associated with the nutritional benefits of breakfast cereal among the
population is one of the major factors surging the growth of the global breakfast
cereal market. Rapid urbanization and the rising disposable income of
consumers are drivers driving the growth of the global breakfast cereal market.
According to the breakfast cereal industry analysis, the strong demand
for on-the-go breakfast options, coupled with the growing impact of western
culture on food habits among the young population, are the emerging breakfast
cereal market trends, which are further propelling the market growth during
the forecast period. In addition to this, the rising consumer preference for
ready to eat food for breakfast, owing to the growing working population is
supporting the growth of the breakfast cereal market share in terms of
revenue.
The numerous health benefits
regarding breakfast cereal such as reduces the risk of high blood pressure,
good gastrointestinal health helps to decrease obesity and overweight, enhances
nutrient intakes, encourages mental and physical well-being, and enhances
metabolism, among others, are some other factors bolstering the growth of the
breakfast cereal market. On the other hand, the availability of poor-quality cereal will hinder the growth of the global breakfast cereal market. The factor
restraining the growth of the breakfast cereal market includes high availability of
poor-quality cereal, huge availability of alternatives, and easy availability
of nutritious meal options.
Key Players of the Global Breakfast
Cereal Market:
·
General Mills
·
Kellogg Company
·
Nestle S.A.
·
PepsiCo Inc.
·
Marico Limited
·
Bagrrys India Ltd.
·
B&G Foods Inc.
·
Attune Foods LLC
·
Alara Whole Foods Ltd.
·
McKee Foods Corporation
Market Segmentation:
Global Breakfast Cereal Market Report
Segment by Product:
·
Hot Cereal
·
Ready to Eat Cereal
Global Breakfast Cereal Market Report Segment by Distribution
Channel:
·
Supermarket
·
Convenience Stores
·
E-Commerce
·
Others
Global Breakfast Cereal Market Report
Segment by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
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