Breakfast Cereal Global Market Size, Share, Growth, Trends, By Product Type, By Distribution Channel, By Regional Forecast 2023-2032 | Kellogg Co, PepsiCo Inc., General Mills, Post Holdings Inc., TreeHouse Foods
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the breakfast cereal market report by The Business Research Company, many countries across the globe are experiencing falling prices of crops due to overcapacity. This is expected to result in low raw material costs for food and beverage companies.
The global breakfast cereal market grew from $67.55 billion in 2022 to $71.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The breakfast cereal market is expected to grow to $88.26 billion in 2027 at a CAGR of 5.2%.
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Major competitors in the breakfast cereal include Kellogg Co, PepsiCo Inc., General Mills, Post Holdings Inc., Associated British Foods plc, Nature's Path Foods, B&G Foods Inc., TreeHouse Foods, Carman's Fine Foods, and Bob's Red Mill Natural Foods Inc.
The breakfast cereal is segmented -
• By Type: Oats Breakfast Cereal, Grains Breakfast Cereal, Other Breakfast Cereal
• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
• By Product: Ready-to-Eat (RTE), Hot Cereals
• By Packaging: Boxes, Pouches, Other Packagings
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the Breakfast cereal.
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Breakfast cereal is a food that is made from processed cereal grains such as maize, oats, wheat, and others consumed for breakfast or snacks.
The Table of Content for The Breakfast Cereal Include:
1. Executive Summary
2. Report Structure
3. Breakfast Cereal Market Characteristics
4. Breakfast Cereal Market Product Analysis
5. Breakfast Cereal Market Supply Chain
.....
21. Key Mergers And Acquisitions In The Breakfast Cereal Market
22. Market Background: Bakery & Confectionary Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Breakfast Cereal Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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