Edible Flakes Market to Grow with a CAGR of 7.1% through 2029
Rising health awareness and changing lifestyle are
driving the Global Edible Flakes Market in the forecast period
According to TechSci Research report, “Edible
Flakes Market - Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029F”, the Global Edible Flakes Market stood at USD 6.12 Billion
in 2023 and is anticipated to grow with a CAGR of 7.1% in the forecast period. The global edible flakes market has experienced significant growth, driven by heightened consumer interest in health and wellness, culinary innovation, and the increasing demand for convenient, ready-to-eat foods. Edible flakes—encompassing products like cereal flakes, rice flakes, and other varieties have become a popular choice due to their versatility, ease of use, and nutritional benefits. This market includes a range of flaked foods suited for diverse applications, from breakfast cereals and snacks to ingredients for cooking and baking.
A key driver of the market is the rising consumer focus on health and nutrition. With a growing awareness of dietary choices, there is a heightened demand for foods that offer nutritional benefits without sacrificing taste. Flakes made from whole grains, nuts, seeds, and legumes are seen as healthy alternatives, providing essential nutrients, fiber, and proteins. This is evident in the popularity of products like whole grain cereal flakes and nutrient-enriched rice flakes, which appeal to health-conscious consumers seeking convenient yet nutritious options.
Regional preferences and cultural factors also impact the global edible flakes market. Different regions have unique preferences and traditional uses for flaked foods. For instance, rice flakes are prevalent in Asian markets, while cereal flakes dominate in Western markets. Manufacturers who understand and cater to these regional preferences can tailor products and marketing strategies accordingly. Moreover, globalization and cross-cultural influences are blending culinary traditions, creating opportunities for innovative flaked products that appeal to diverse tastes.
Despite these growth drivers, the market faces several challenges. Volatility in raw material prices can affect production costs and pricing strategies, impacting profitability. The competitive landscape features numerous players offering a broad range of products, requiring manufacturers to focus on differentiation, quality, and branding. Supply chain disruptions, regulatory compliance issues, and shifting consumer preferences also pose challenges that need to be managed effectively.
Sustainability is increasingly important in the edible flakes market. As consumers become more environmentally conscious, there is a growing demand for products produced with sustainable practices and eco-friendly packaging. Manufacturers are investing in sustainable sourcing, waste reduction, and green packaging solutions to meet these expectations. Embracing sustainability not only aligns with market trends but also helps build brand loyalty and appeal to environmentally aware consumers.
Browse over xx market data Figures spread
through xx Pages and an in-depth TOC on "Global Edible Flakes Market”
The Global Edible Flakes Market is segmented into
type, sales channel, regional distribution, and company.
Based on sales channel, hypermarkets/supermarkets are the dominant segment, largely due to their expansive reach and high consumer footfall. These retail giants offer a wide variety of edible flakes, including cereal flakes, rice flakes, and other products, catering to diverse consumer preferences and dietary needs. Their extensive shelf space and comprehensive product selection enable them to provide a broad range of options, from basic to premium flakes, often at competitive prices. Hypermarkets and supermarkets benefit from their ability to attract large volumes of shoppers, leveraging their substantial marketing and promotional capabilities to boost sales. Additionally, the convenience of one-stop shopping for various food items, including edible flakes, further drives consumer preference for these retail formats. Their established supply chains and logistical advantages contribute to their dominance, ensuring consistent availability and accessibility of flaked products to a wide customer base.
Major companies operating in Global Edible Flakes
Market are:
- The Hain Celestial Group, Inc.
- Nature’s Path Foods, Inc.
- Nestlé S.A.
- Dr. August Oetker KG
- WK Kellogg Co,
- Bagrrys India Limited
- H. & J. Brüggen KG
- Hometown Food Company
- PepsiCo, Inc.
- General Mills Inc.
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The growing demand for convenience foods significantly influences the market. As busy lifestyles increase, consumers seek quick, nutritious meal solutions. Edible flakes offer a practical way to incorporate wholesome ingredients into daily diets, whether as snacks or components of more elaborate meals. Their versatility extends to various culinary applications, including breakfast cereals, trail mixes, baked goods, and savory dishes. This convenience, along with trends in meal prepping and on-the-go eating, supports market expansion”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Edible
Flakes Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Type (Wheat Flakes, Rice Flakes, Corn Flakes, Others), By Sales
Channel (Hypermarkets/Supermarkets, Departmental Stores, Online, Others), By
Region & Competition, 2019-2029F”, has evaluated the future growth
potential of Global Edible Flakes Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Edible Flakes Market.
Contact Us-
TechSci
Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States- 10170
M:
+13322586602
Email: [email protected]
Website: www.techsciresearch.com