On The Go Breakfast Products Market Revenue Growth Predicted by 2026: Major Players Sanitarium Health and Wellbeing Company, General Mills, Alara Wholefoods Ltd., Amy’s Kitchen, Baggry’s India Ltd., Country Choice, Kelloggs, Nature’s Path, Nestle, R

The concept of on the go breakfast has been growing with increase in availability of packaged food and beverages. Fast paced lifestyle of the consumers have shifted their inclination towards readymade food products over traditional counterparts. Easy availability of such products across all channels and less time for food processing are some of the major factors driving the demand for on the go breakfast products at present. Moreover, increasing health awareness and changing eating habits of the consumers has augmented the demand for on the go breakfast products. Low awareness among the consumers in most of the emerging economies and under developed economies is currently restraining the growth of the market. However, impact of restraints is expected to reduce by the end of the forecast period.

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Key Players:

Sanitarium Health and Wellbeing Company, General Mills, Alara Wholefoods Ltd., Amy’s Kitchen, Baggry’s India Ltd., Country Choice, Kelloggs, Nature’s Path, Nestle, Raisio, Uncle Tobys, MOMA, Weetabix, Quaker Oats Company are some of the major players operating in the field of on the go breakfast products.

North America and Europe are the dominant regions for on the go breakfast products and are anticipated to show the same trend in the forecast period, although the market in Europe is expected to strengthen further in the future. Increase in demand for high nutrient content in products from consumers residing in Europe and North America has compelled the manufacturers to enhance the quality of on the go breakfast products, which in turn is expected to fuel the demand for on the go breakfast products.

Asia Pacific is expected to be the fastest growing market with India, China, and Japan being the major contributors for the growth of market. Increasing working population, changing lifestyle of the consumers in terms of food habits, rapid urbanization, and rising purchasing power of the consumers are expected to fuel the demand for on the go breakfast products in Asia Pacific.

Breakfast cereals are expected to lead the market throughout the forecast period

The breakfast cereals segment dominated the on the go breakfast products market in 2016 and is anticipated to retain market dominance throughout the forecast period. The breakfast cereals segment was valued at more than US$ 900 million in 2016 with a market share of more than 60% in the same year.

Europe and North America are the largest markets for on the go breakfast products. However, Asia Pacific is expected to show the fastest growth during the forecast period.

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