Press release
Edible Flakes Market Growth Trends & Competitive Analysis by 2024 | General Mills, Nestlé, August Oetker, Kelloggs, August Oetker
Edible Flakes Market
Increasing popularity of ready-to-eat food products will primarily boost the edible flakes demand during the forecast time span. Changing lifestyles coupled with busy schedules of personnel will drive them to incline towards processed foods leading to increase in consumption of edible flakes.
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Key Profiles:
• General Mills
• Post Holding Company
• Nestlé S.A.
• Dr. August Oetker
• Kellogg’s
• Patanjali
• H. & J. Brüggen KG
• Nature’s Path Foods
Healthy eating is considered as one of the fastest growing type of cuisine in the coming years in the food industry. Growing consumers interest in healthy lifestyles is expected to show a significant positive influence on the growth of the product market.
Lactose intolerance disorder will be a major hurdle for the edible flakes market growth in coming year as the product is generally consumed with milk. According to National Institutes of Health (NIH), around 65% of global population is unable to digest lactose properly.
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Edible flakes market is divided into product and distribution channels. Based on product, the market is segmented into four major products which include corn, rice, wheat flakes and flakey oats.
Based on distribution channel, the market is classified in three categories namely supermarkets & hypermarkets, online retailers and convenience stores. Supermarkets & hypermarkets segment will register a revenue of approximately USD 12 billion by 2025.
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Europe will be a major market for edible flakes and is likely to reach over USD 10 billion over the forecast spell. The consumer spending on healthier, and convenient foods grew due to promising economic development over the last few years.
The major manufacturers of the market are General Mills, Post Holding Company, Nestlé S.A., Dr. August Oetker, Kellogg’s, Patanjali, H. & J. Brüggen KG, Nature’s Path Foods, etc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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