Edible Flakes Market Analysis Report 2023-2032: Market Size, Industry Share, Trends And Forecast | Nestle S.A., PepsiCo Inc., General Mills Inc., The Kellogg Company, Dr. August Oetker AG

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Edible Flakes Global Market Report 2023 identifies growing number of vegan consumers as the major driver for the Edible Flakes market's growth in the forecast period. Vegan consumers are individuals who adhere to a vegan lifestyle and dietary choices. Edible flakes can be a helpful food option for vegan consumers due to their plant-based nature and as a decorative and flavorful addition to their food.

The global edible flakes market is expected to grow from $20 billion in 2022 to $21.79 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The edible flakes market is expected to reach $29.38 billion in 2027 at a CAGR of 7.8%.

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Major competitors in the Edible Flakes market are Nestle S.A., PepsiCo Inc., General Mills Inc., The Kellogg Company, Dr. August Oetker AG.

A key trend in the Edible Flakes market includes Product innovation. Major companies operating in the edible flakes market are developing new products to sustain their position in the market. For instance, in July 2023, Darrell Lea Confectionery Co., an Australia-based confectionery manufacturing company, launched the Crunchy Nut Corn Flakes chocolate block. The Crunchy Nut Corn Flakes chocolate block combines the creamy milk chocolate from Darrell Lea with Kellogg's Crunchy Nut Corn Flakes and added peanuts. This combination offers a unique blend of flavors, combining the sweetness of chocolate with the crunchiness and nuttiness of cornflakes and peanuts.

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The Edible Flakes market is segmented -

1. By Product: Wheat Flakes, Rice Flakes, Flakey Oats, Corn Flakes, Other Products
2. By Nature: Organic, Conventional
3. By Distribution Channel: Hypermarkets Or Supermarkets, Online Retailers, Specialty Stores
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Edible Flakes market.

The Business Research Company's "Global Edible Flakes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Edible Flakes Market Include:

1. Executive Summary
2. Edible Flakes Market Characteristics
3. Edible Flakes Market Trends And Strategies
4. Edible Flakes Market - Macro Economic Scenario
……
32. Global Edible Flakes Market Competitive Benchmarking
33. Global Edible Flakes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Edible Flakes Market
35. Edible Flakes Market Future Outlook and Potential Analysis
36. Appendix

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