Report Description

Forecast Period

2024-2028

Market Size (2022)

USD49.45 Billion

CAGR (2023-2028)

4.84%

Fastest Growing Segment

Ready-to-Eat

Largest Market

Europe

 

Market Overview

The global Breakfast Cereals Market continues to exhibit substantial growth driven by evolving consumer preferences, urbanization, and changing dietary habits. Aiming for convenient and nutritious meal options, consumers are increasingly inclining towards ready-to-eat breakfast cereals. These products offer convenience, variety, and often, health benefits, catering to busy lifestyles.

The market landscape is characterized by a wide array of products, ranging from traditional cornflakes and oatmeal to granola, muesli, and innovative cereal bars. Health-conscious consumers are propelling the demand for whole grain, high-fiber, and low-sugar variants, prompting manufacturers to focus on fortifying cereals with vitamins, minerals, and natural ingredients.

While North America and Europe have traditionally dominated the market, Asia Pacific is emerging as a lucrative arena due to rapid urbanization, increasing disposable incomes, and the adoption of Western eating habits. However, the market also faces challenges such as competition from alternative breakfast options like yogurt, smoothies, and on-the-go snacks, which could impact growth.

Key Market Drivers

Health and Wellness Focus

Consumers' growing emphasis on health and wellness is propelling the Breakfast Cereals Market forward. With increasing awareness about the importance of a balanced diet, many individuals are actively seeking breakfast options that offer nutritional benefits. Breakfast cereals have evolved from sugary, empty-calorie choices to encompass a wide range of products enriched with essential vitamins, minerals, and fiber. Manufacturers are responding to this demand by developing whole grain, low-sugar, and high-fiber variants that align with consumers' health goals. This shift toward healthier breakfast choices is also fueled by concerns related to obesity and other diet-related health issues. As a result, the market is witnessing a surge in demand for cereals that not only provide convenience but also contribute positively to consumers' well-being.

Product Innovation and Diversification

The Breakfast Cereals Market is marked by constant product innovation and diversification. Manufacturers are continuously introducing new flavors, ingredients, and packaging formats to keep up with evolving consumer preferences. This strategy not only attracts new customers but also retains the interest of existing ones. From ancient grains like quinoa and chia to novel fruit and nut combinations, the cereal aisle is constantly evolving to offer variety and excitement. Furthermore, the incorporation of functional ingredients such as probiotics, prebiotics, and superfoods add to the appeal of breakfast cereals. This emphasis on innovation extends beyond the product itself to include packaging solutions that enhance convenience and portability. The ability of the industry to adapt and offer novel experiences contributes significantly to its sustained growth.

Globalization and Cultural Exchange

The Breakfast Cereals Market's growth is also bolstered by globalization and increased cultural exchange. As people around the world become more connected and exposed to diverse lifestyles, cuisines, and dietary habits, they are willing to experiment with new foods. This openness to trying different flavors and eating patterns has led to the global spread of breakfast cereals. What was once considered a staple in Western countries is now gaining popularity in regions where traditional breakfasts were vastly different. As consumers in Asia, Africa, and Latin America adopt cereal consumption, the market's potential for expansion widens. Moreover, as multinational cereal brands enter new markets, they often tailor their offerings to suit local tastes, further driving market growth through localization efforts.

Changing Lifestyles and Urbanization

The global Breakfast Cereals Market is being fueled by shifting lifestyles and rapid urbanization. As urban centers expand, more individuals are leading busier lives with limited time for preparing elaborate breakfasts. Breakfast cereals provide a convenient and time-saving solution, aligning with the modern need for quick, on-the-go options. The trend is particularly evident in developing economies where urbanization rates are soaring. As people move away from traditional home-cooked breakfasts, they seek alternatives that are easy to prepare and consume without compromising on nutrition. This societal shift is a significant driver of the market's growth, as breakfast cereals cater precisely to this demand for hassle-free mornings.

In conclusion, the global Breakfast Cereals Market is experiencing substantial growth due to various drivers. Changing lifestyles and urbanization have led to a demand for convenient breakfast options that align with busy schedules. The emphasis on health and wellness has prompted consumers to seek out cereals that offer nutritional benefits, driving the development of healthier variants. Product innovation and diversification play a pivotal role in sustaining consumer interest, as manufacturers introduce novel flavors, ingredients, and packaging solutions. Additionally, globalization and cultural exchange are expanding the market's reach, as breakfast cereals find acceptance in regions with historically different eating patterns. These drivers collectively contribute to the Breakfast Cereals Market's ongoing expansion and evolution.


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Key Market Challenges

Competition from Alternative Breakfast Options

One of the significant challenges facing the global Breakfast Cereals Market is the fierce competition from alternative breakfast choices. As consumers seek variety and health-conscious options, alternatives such as yogurt parfaits, protein bars, smoothies, and breakfast sandwiches have gained popularity. These alternatives often offer similar levels of convenience and nutrition, thereby diverting consumers away from traditional breakfast cereals. The versatility of these alternatives, catering to different taste preferences and dietary requirements, poses a direct challenge to the market's growth.

Health Concerns and Perception of Sugar Content

The perception of high sugar content in certain breakfast cereals has raised concerns among health-conscious consumers. Despite efforts by manufacturers to develop healthier variants, some cereals still contain significant amounts of added sugars. This has led to a negative perception of breakfast cereals as sugary and unhealthy options. As consumers become more attentive to ingredient labels and nutritional information, they may choose to avoid cereals they perceive as less nutritious. Addressing this challenge requires consistent efforts to reduce sugar content and communicate accurate nutritional information transparently to consumers.

Sustainability and Environmental Impact

In an era of increasing environmental awareness, the Breakfast Cereals Market is confronted with the challenge of sustainability. The production, packaging, and distribution of breakfast cereals contribute to plastic waste and carbon emissions. As consumers become more eco-conscious, there is growing demand for sustainable packaging solutions and responsible sourcing practices. Manufacturers must navigate this challenge by adopting eco-friendly packaging materials, minimizing waste, and implementing sustainable supply chain practices. Failure to address these concerns could lead to negative consumer sentiment and potentially impact sales.

Pricing and Economic Factors

The pricing of breakfast cereals, particularly those marketed as premium or health-focused choices, often presents a challenge due to their relatively higher cost compared to other breakfast options. Economic factors such as fluctuations in raw material prices, manufacturing expenses, and inflation can significantly impact the overall pricing strategy employed by manufacturers. These factors can lead to price volatility, potentially affecting consumers' purchasing decisions.

During periods of economic uncertainty, consumers might be more inclined to opt for more cost-effective breakfast alternatives, potentially impacting the demand for higher-priced cereal products. This sensitivity to price changes could result in shifts in consumer preferences toward more budget-friendly options.

In markets where price plays a pivotal role in decision-making, such as price-sensitive regions, the affordability of breakfast cereals can greatly influence consumers' choices. Manufacturers face the challenge of providing value to consumers while also maintaining profitability and covering the costs associated with product quality, innovation, and marketing.

Finding the delicate equilibrium between offering attractive prices to consumers and ensuring sustainable profitability remains an ongoing challenge for manufacturers in the breakfast cereal industry. Adapting pricing strategies to economic conditions, exploring cost-saving measures, and effectively communicating the value proposition of premium or health-focused cereals are vital strategies to navigate the complex landscape of pricing and economic factors.

Key Market Trends

Health-Centric Innovation

Consumers are increasingly prioritizing their well-being and are seeking breakfast options that align with their health and wellness goals. To cater to this demand, manufacturers are actively engaged in developing cereals that go beyond mere sustenance, incorporating functional ingredients that offer added nutritional benefits. Probiotics, antioxidants, and plant-based proteins are being infused into cereal formulations to enhance their health-promoting qualities.

This trend is closely intertwined with the growing emphasis on personalized nutrition. Companies are exploring ways to customize breakfast cereal offerings to cater to individuals' specific dietary needs and preferences. This can include options tailored for various dietary restrictions, allergies, or lifestyle choices, providing consumers with a more personalized breakfast experience.

Furthermore, the emphasis on whole grains, high fiber content, and reduced sugar levels is becoming increasingly standardized in the industry. As consumers become more discerning about the nutritional content of their breakfast choices, manufacturers are working to ensure that their products align with these health-conscious expectations.

In conclusion, health-centric innovation is reshaping the Breakfast Cereals Market. Manufacturers are responding to consumers' demand for nutritious breakfast options by incorporating functional ingredients, exploring personalized nutrition, and focusing on improving the overall nutritional profile of their products. This trend not only caters to consumers' evolving preferences but also propels the industry toward a future where breakfast cereals play a more significant role in promoting overall health and well-being.

Plant-Based and Alternative Ingredients

The growing interest in plant-based diets is reshaping the Breakfast Cereals Market. Consumers are exploring alternatives to traditional animal-derived products, and this shift is influencing cereal ingredient choices. Plant-based proteins from sources like legumes, nuts, and seeds are finding their way into cereals, offering a sustainable and nutritious option. Plant-based milk alternatives, such as almond, oat, and soy milk, are also gaining popularity, changing the way people consume cereal. This trend aligns with environmental consciousness and dietary preferences, catering to a broader consumer base.

Sustainable Packaging and Ethical Sourcing

The industry is witnessing a notable trend toward sustainable packaging and ethical sourcing practices. Consumers are increasingly concerned about the environmental impact of product packaging, leading manufacturers to explore eco-friendly alternatives. Biodegradable, compostable, and recyclable packaging options are gaining traction, reflecting a commitment to reducing plastic waste. Ethical sourcing, including responsible farming practices and fair trade partnerships, is also a key trend. Consumers are not only interested in the product itself but also the values and practices of the companies behind it, making sustainability a crucial factor in purchasing decisions.

Digital Engagement and E-Commerce

The digital age has brought about a trend of increased digital engagement and e-commerce strategies in the Breakfast Cereals Market. Brands are utilizing social media platforms, influencer partnerships, and online advertising to connect with consumers and create brand awareness. E-commerce platforms provide a direct channel for manufacturers to reach consumers, allowing them to offer a broader range of products and flavors. Online platforms also enable brands to collect valuable consumer insights and feedback, aiding in product development and customization. This trend is especially relevant in a post-pandemic landscape, where online shopping and virtual interactions have become integral parts of consumers' lives.

In conclusion, the global Breakfast Cereals Market is shaped by several prominent trends that are driving its evolution. Health-centric innovation is at the forefront, with manufacturers responding to consumers' demand for nutritious and functional breakfast options. The rise of plant-based diets is leading to the incorporation of alternative ingredients, catering to a diverse range of dietary preferences. Sustainable packaging and ethical sourcing practices reflect the industry's commitment to environmental responsibility and conscious consumerism. Lastly, digital engagement and e-commerce strategies are transforming the way brands connect with consumers, providing avenues for customization and direct interaction. These trends collectively demonstrate the dynamic nature of the Breakfast Cereals Market and its ability to adapt to changing consumer demands and preferences.

Segmental Insights

Product Type Insights

The ready-to-eat segment is currently the fastest-growing segment in the global Breakfast Cereals Market. This surge in popularity can be attributed to the evolving lifestyles of consumers, who are increasingly seeking convenient meal solutions in the midst of busy routines. Ready-to-eat cereals offer the advantage of instant consumption, eliminating the need for preparation and cooking. This convenience aligns perfectly with modern preferences, driving a steady demand for these products. Additionally, manufacturers have been quick to innovate within this segment, introducing a wide variety of flavors, textures, and nutritional profiles to cater to diverse tastes and dietary needs. As a result, the ready-to-eat segment not only addresses consumer demands for convenience but also provides a platform for product differentiation and market expansion.

Sales Channel Insights

Direct sales have emerged as the fastest-growing segment in the global Breakfast Cereals Market. This trend is fueled by changing consumer shopping behaviors and increased emphasis on brand engagement. With the rise of e-commerce platforms and digital marketing, manufacturers are capitalizing on the opportunity to connect directly with consumers, bypassing traditional retail channels. Direct sales provide brands with the means to offer a wider product range, personalized experiences, and real-time interactions, all of which resonate with today's tech-savvy consumers. By fostering direct relationships, companies can gather valuable insights, refine their product offerings, and cultivate brand loyalty. The direct sales segment's rapid growth underscores the significance of online platforms in shaping the future of breakfast cereal consumption and marketing strategies.


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Regional Insights

The Europe region stands as the dominating segment in the global Breakfast Cereals Market. This leadership is underpinned by a combination of cultural preferences, longstanding consumption habits, and the availability of diverse breakfast options. Europe's affinity for breakfast cereals, dating back to the introduction of cornflakes in the late 19th century, has entrenched them as a staple morning meal. The convenience and nutritional benefits offered by cereals align with the fast-paced lifestyles prevalent in many European countries.

Furthermore, the region's evolving health-consciousness has spurred demand for healthier breakfast alternatives, prompting manufacturers to invest in innovative, whole-grain, and low-sugar options. Regulatory support for transparent labeling and health claims has also contributed to consumer confidence in cereal products.

European markets have become fertile ground for product diversification, with a wide range of cereals catering to various tastes and dietary requirements. Moreover, the presence of both well-established and emerging breakfast cereal brands ensures a competitive landscape that drives innovation and quality improvement.

As breakfast cereals continue to adapt to changing tastes and preferences, the European dominance within the market is expected to persist. However, it's important to note that emerging markets, influenced by urbanization and Westernization trends, are showing accelerated growth rates. Despite this, Europe's historical association with breakfast cereals, coupled with ongoing innovation and consumer demand for convenient and nutritious options, solidify its role as a significant player in the global Breakfast Cereals Market.

Recent Developments

  • In April 2021, Kellogg expanded their product offering in India to include more Indianized products designed for local tastes.
  • In October 2021, Nestlé Cereals, a UK division of the international food company, released Cheerios Vanilla O's, a low-sugar cereal that has no artificial colors or flavors. The major constituent of the new cereal is whole grains, which is classified as non-HFSS (high in fat, salt, or sugar) under new UK government standards. Cheerios Vanilla O's, fortified with vitamins and minerals, contains less than 5% sugar without sacrificing flavor and is committed to providing consumers with a healthy, delightful morning experience.
  • In September 2021, Parle, one of India's top biscuit, snack, and confectionery producers, announced its foray into the breakfast cereal industry. According to a press release from Parle Products, the firm has expanded its successful brand 'Hide & Seek' into the cereals area.

Key Market Players

  • General Mills Inc.
  • Nestlé SA
  • Bob’s Red Mill Natural Foods
  • Kellogg's Co
  • Nature's Path Foods
  • Gluten-Free Prairie
  • Avena Foods Limited
  • B&G Foods, Inc.
  • Post Holdings, Inc.
  • The Quaker Oats Company

By Product Type

By Ingredient Type

By Sales Channel

By Region

  • Ready-to-cook Cereals.
  • Ready-to-eat Cereals
  • Wheat
  • Rice
  • Corn
  • Barley
  • Oats
  • Supermarkets/Hypermarkets
  • Departmental Stores
  • Online
  • Others
  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Report Scope:

In this report, the global Breakfast Cereals market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Breakfast Cereals Market, By Product Type:

o   Ready-to-cook Cereals.

o   Ready-to-eat Cereals.

  • Breakfast Cereals Market, By Ingredient Type:

o   Wheat

o   Rice

o   Corn

o   Barley

o   Oats

  • Breakfast Cereals Market, By Sales Channel:

o   Supermarkets/Hypermarkets

o   Departmental Stores

o   Online

o   Others

  • Breakfast Cereals Market, By Region:

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Breakfast Cereals market.

Available Customizations:

Global Breakfast Cereals market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Breakfast Cereals Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Sources of Information

5.    Global Breakfast Cereals Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Ready-to-cook Cereals and Ready-to-eat Cereals)

5.2.2.    By Ingredient Type Market Share Analysis (Wheat, Rice, Corn, Barley and Oats)

5.2.3.    By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Departmental Stores, Online, Direct Sales, and Others)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        Asia-Pacific Market Share Analysis

5.2.4.3.        Europe Market Share Analysis

5.2.4.4.        South America Market Share Analysis

5.2.4.5.        Middle East & Africa Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Breakfast Cereals Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Ingredient Type Market Mapping & Opportunity Assessment

5.3.3.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Breakfast Cereals Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Ingredient Type Market Share Analysis

6.2.3.    By Sales Channel Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        China Breakfast Cereals Market Outlook

6.2.4.1.1.           Market Size & Forecast

6.2.4.1.1.1.               By Value

6.2.4.1.2.           Market Share & Forecast

6.2.4.1.2.1.               By Product Type Market Share Analysis

6.2.4.1.2.2.               By Ingredient Type Market Share Analysis

6.2.4.1.2.3.               By Sales Channel Market Share Analysis

6.2.4.2.        Japan Breakfast Cereals Market Outlook

6.2.4.2.1.           Market Size & Forecast

6.2.4.2.1.1.               By Value

6.2.4.2.2.           Market Share & Forecast

6.2.4.2.2.1.               By Product Type Market Share Analysis

6.2.4.2.2.2.               By Ingredient Type Market Share Analysis

6.2.4.2.2.3.               By Sales Channel Market Share Analysis

6.2.4.3.        India Breakfast Cereals Market Outlook

6.2.4.3.1.           Market Size & Forecast

6.2.4.3.1.1.               By Value

6.2.4.3.2.           Market Share & Forecast

6.2.4.3.2.1.               By Product Type Market Share Analysis

6.2.4.3.2.2.               By Ingredient Type Market Share Analysis

6.2.4.3.2.3.               By Sales Channel Market Share Analysis

6.2.4.4.        Vietnam Breakfast Cereals Market Outlook

6.2.4.4.1.           Market Size & Forecast

6.2.4.4.1.1.               By Value

6.2.4.4.2.           Market Share & Forecast

6.2.4.4.2.1.               By Product Type Market Share Analysis

6.2.4.4.2.2.               By Ingredient Type Market Share Analysis

6.2.4.4.2.3.               By Sales Channel Market Share Analysis

6.2.4.5.        South Korea Breakfast Cereals Market Outlook

6.2.4.5.1.           Market Size & Forecast

6.2.4.5.1.1.               By Value

6.2.4.5.2.           Market Share & Forecast

6.2.4.5.2.1.               By Product Type Market Share Analysis

6.2.4.5.2.2.               By Ingredient Type Market Share Analysis

6.2.4.5.2.3.               By Sales Channel Market Share Analysis

7.    North America Breakfast Cereals Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Ingredient Type Market Share Analysis

7.2.3.    By Sales Channel Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        United States Breakfast Cereals Market Outlook

7.2.4.1.1.           Market Size & Forecast

7.2.4.1.1.1.               By Value

7.2.4.1.2.           Market Share & Forecast

7.2.4.1.2.1.               By Product Type Market Share Analysis

7.2.4.1.2.2.               By Ingredient Type Market Share Analysis

7.2.4.1.2.3.               By Sales Channel Market Share Analysis

7.2.4.2.        Canada Breakfast Cereals Market Outlook

7.2.4.2.1.           Market Size & Forecast

7.2.4.2.1.1.               By Value

7.2.4.2.2.           Market Share & Forecast

7.2.4.2.2.1.               By Product Type Market Share Analysis

7.2.4.2.2.2.               By Ingredient Type Market Share Analysis

7.2.4.2.2.3.               By Sales Channel Market Share Analysis

7.2.4.3.        Mexico Breakfast Cereals Market Outlook

7.2.4.3.1.           Market Size & Forecast

7.2.4.3.1.1.               By Value

7.2.4.3.2.           Market Share & Forecast

7.2.4.3.2.1.               By Product Type Market Share Analysis

7.2.4.3.2.2.               By Ingredient Type Market Share Analysis

7.2.4.3.2.3.               By Sales Channel Market Share Analysis

8.    Europe Breakfast Cereals Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Ingredient Type Market Share Analysis

8.2.3.    By Sales Channel Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        France Breakfast Cereals Market Outlook

8.2.4.1.1.           Market Size & Forecast

8.2.4.1.1.1.               By Value

8.2.4.1.2.           Market Share & Forecast

8.2.4.1.2.1.               By Product Type Market Share Analysis

8.2.4.1.2.2.               By Ingredient Type Market Share Analysis

8.2.4.1.2.3.               By Sales Channel Market Share Analysis

8.2.4.2.        Germany Breakfast Cereals Market Outlook

8.2.4.2.1.           Market Size & Forecast

8.2.4.2.1.1.               By Value

8.2.4.2.2.           Market Share & Forecast

8.2.4.2.2.1.               By Product Type Market Share Analysis

8.2.4.2.2.2.               By Ingredient Type Market Share Analysis

8.2.4.2.2.3.               By Sales Channel Market Share Analysis

8.2.4.3.        Spain Breakfast Cereals Market Outlook

8.2.4.3.1.           Market Size & Forecast

8.2.4.3.1.1.               By Value

8.2.4.3.2.           Market Share & Forecast

8.2.4.3.2.1.               By Product Type Market Share Analysis

8.2.4.3.2.2.               By Ingredient Type Market Share Analysis

8.2.4.3.2.3.               By Sales Channel Market Share Analysis

8.2.4.4.        Italy Breakfast Cereals Market Outlook

8.2.4.4.1.           Market Size & Forecast

8.2.4.4.1.1.               By Value

8.2.4.4.2.           Market Share & Forecast

8.2.4.4.2.1.               By Product Type Market Share Analysis

8.2.4.4.2.2.               By Ingredient Type Market Share Analysis

8.2.4.4.2.3.               By Sales Channel Market Share Analysis

8.2.4.5.        United Kingdom Breakfast Cereals Market Outlook

8.2.4.5.1.           Market Size & Forecast

8.2.4.5.1.1.               By Value

8.2.4.5.2.           Market Share & Forecast

8.2.4.5.2.1.               By Product Type Market Share Analysis

8.2.4.5.2.2.               By Ingredient Type Market Share Analysis

8.2.4.5.2.3.               By Sales Channel Market Share Analysis

9.    South America Breakfast Cereals Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Ingredient Type Market Share Analysis

9.2.3.    By Sales Channel Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Argentina Breakfast Cereals Market Outlook

9.2.4.1.1.           Market Size & Forecast

9.2.4.1.1.1.               By Value

9.2.4.1.2.           Market Share & Forecast

9.2.4.1.2.1.               By Product Type Market Share Analysis

9.2.4.1.2.2.               By Ingredient Type Market Share Analysis

9.2.4.1.2.3.               By Sales Channel Market Share Analysis

9.2.4.2.        Colombia Breakfast Cereals Market Outlook

9.2.4.2.1.           Market Size & Forecast

9.2.4.2.1.1.               By Value

9.2.4.2.2.           Market Share & Forecast

9.2.4.2.2.1.               By Product Type Market Share Analysis

9.2.4.2.2.2.               By Ingredient Type Market Share Analysis

9.2.4.2.2.3.               By Sales Channel Market Share Analysis

9.2.4.3.        Brazil Breakfast Cereals Market Outlook

9.2.4.3.1.           Market Size & Forecast

9.2.4.3.1.1.               By Value

9.2.4.3.2.           Market Share & Forecast

9.2.4.3.2.1.               By Product Type Market Share Analysis

9.2.4.3.2.2.               By Ingredient Type Market Share Analysis

9.2.4.3.2.3.               By Sales Channel Market Share Analysis

10. Middle East & Africa Breakfast Cereals Market Outlook

10.1.   Market Size & Forecast        

10.1.1. By Value

10.2.   Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Ingredient Type Market Share Analysis

10.2.3. By Sales Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     South Africa Breakfast Cereals Market Outlook

10.2.4.1.1.         Market Size & Forecast

10.2.4.1.1.1.            By Value

10.2.4.1.2.         Market Share & Forecast

10.2.4.1.2.1.            By Product Type Market Share Analysis

10.2.4.1.2.2.            By Ingredient Type Market Share Analysis

10.2.4.1.2.3.            By Sales Channel Market Share Analysis

10.2.4.2.     Saudi Arabia Breakfast Cereals Market Outlook

10.2.4.2.1.         Market Size & Forecast

10.2.4.2.1.1.            By Value

10.2.4.2.2.         Market Share & Forecast

10.2.4.2.2.1.            By Product Type Market Share Analysis

10.2.4.2.2.2.            By Ingredient Type Market Share Analysis

10.2.4.2.2.3.            By Sales Channel Market Share Analysis

10.2.4.3.     UAE Breakfast Cereals Market Outlook

10.2.4.3.1.         Market Size & Forecast

10.2.4.3.1.1.            By Value

10.2.4.3.2.         Market Share & Forecast

10.2.4.3.2.1.            By Product Type Market Share Analysis

10.2.4.3.2.2.            By Ingredient Type Market Share Analysis

10.2.4.3.2.3.            By Sales Channel Market Share Analysis

11. Market Dynamics

11.1.   Drivers

11.2.   Challenges

12. Impact of COVID-19 on Global Breakfast Cereals Market

12.1.   Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.   Company Profiles

14.1.1. General Mills Inc.

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Nestlé SA

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Bob’s Red Mill Natural Foods

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Kellogg's Co

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Nature's Path Foods

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Gluten-Free Prairie

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7.  Avena Foods Limited

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. B&G Foods, Inc.

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Post Holdings, Inc.

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              The Quaker Oats Company

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.   Key Focus Areas

15.2.   Target Product Type

15.3.   Target Sales Channel

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Breakfast Cereals Market was estimated to be USD 49.45 Billion.

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The growth of the global Breakfast Cereals market is driven by the growing popularity of ready-to-eat cereals, expansion of the retail sector, and the rising demand for convenient and healthy breakfast options.

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The trends in the global Breakfast Cereals market includes growing demand for gluten-free breakfast cereals due to the increasing number of people who are diagnosed with gluten intolerance or celiac disease. This is creating opportunities for breakfast cereals manufacturers that can offer gluten-free breakfast cereals.

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The global Breakfast Cereals market faces challenges such as growing competition from other breakfast products, such as yogurts, smoothies, and on-the-go breakfast sandwiches, and the consumer preferences for breakfast are constantly changing.

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Parvati Sharma

Account Manager BD
Press Release

Breakfast Cereals Market to Grow with a CAGR of 4.84% through 2028

Nov, 2023

Growing popularity of ready-to-eat, and the rising demand for convenient and healthy breakfast options are factors driving the global Breakfast Cereals market in the forecast period 2024-2028.