Global Breakfast Cereals Market is expected to grow at a CAGR of 4.1%

According to a new market report published by Persistence Market Research "Global Market Study on Breakfast Cereals: Hot Cereals to Witness Highest Growth by 2019," the global breakfast cereals market was valued at USD 32.5 billion in 2012 and is expected to grow at a CAGR of 4.1% from 2013 to 2019, to reach an estimated value of USD 43.2 billion in 2019. The need for convenience and busy schedules of people has been propelling the processed food industry, which includes breakfast cereals. Developed nations already have breakfast cereals as part of their regular course of meals. Increasing per capita income in developing countries is further giving the breakfast cereal industry a new dimension to look for.

The market in the US is declining which is compelling the companies in this industry to increase their markets in the emerging economies. These companies have been increasing their advertising spends in the emerging markets in Asia Pacific region to make consumers aware about the breakfast cereals and the health benefits associated with them. Companies have also developed some brands according to the regional preferences, such as inclusion of saffron and raisin flavored cereals in India.

To remain 'ahead' of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/3030

Special emphasis on healthy living has prompted market players to introduce new products, which suit all age groups and lifestyles. International players are also focusing on reformulating their products by replacing harmful hydrogenated fat and oils with healthier ingredients such as fiber and fruits. Demand for gluten-free cereals has increased in the market, especially in North America and Europe. There also has been an increase in demand for whole-grain cereals worldwide.

Breakfast cereals are broadly marketed under two segments: RTE cereals and Hot cereals. The market for RTE cereals is much bigger as compared to that of Hot breakfast cereals. The Ready-to-eat (RTE) cereal had the larger share in the breakfast cereal market and was valued at USD 27.8 billion in 2012. However, the Hot cereals is growing at more than double the CAGR of RTE cereals due to its increasing consumption in the Asian markets.

For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/3030

Geographically, North America, led by sales from the US, accounted for the largest share in the breakfast cereals market and was valued at USD 13.9 billion in 2012. Though China does not have a large market, but the market in the country is growing at a brisk pace, therefore showing opportunities for the companies to increase investments in this region. Major companies operating in the market are Kellogg's, Cereal Partners Worldwide and PepsiCo.

Breakfast Cereals Market, By Product Segment

Ready-to-eat (RTE) Cereals
Hot Cereals
Breakfast Cereals Market, By Region

North America
Europe
Asia Pacific
Rest of the World (RoW)
The breakfast cereals market for each major country include:

Market Overview
Market Size, by segment, by volume (Historic and Forecasted)
Market Size, by segment, by value (Historic and Forecasted)
Competitive Landscape
Market Share, by company, by value (2012 and 2019)
Market Share, by distribution channel, by value (2012 and 2019)

For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/3030

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.