Press release
Global Edible Flakes Market Poised to Exceed USD 22.3 billion in 2029 - New Report by TMR
The global edible flakes market is expected to grow USD 22.3 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth of the market is driven by the increasing demand for convenient and healthy breakfast options, rising awareness of the health benefits of edible flakes, and growing disposable incomes.Edible flakes are processed food products made from various grains, such as oats, corn, and wheat. They are typically flaked, toasted, and sweetened, and can be eaten as a cereal or snack. Edible flakes are a popular breakfast food, as they are quick and easy to prepare, and they can be eaten with a variety of toppings, such as milk, fruit, and nuts.
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The Global Edible Flakes Market is a dynamic and growing sector within the food industry. Edible flakes are a diverse category of food products that include cereal flakes, vegetable flakes, and other plant-based flakes used in a variety of culinary applications. This research report provides a comprehensive analysis of the Global Edible Flakes Market, covering market dynamics, trends, growth drivers, challenges, and competitive landscape.
Market Trends
The following are some of the key trends in the global edible flakes market:
• Growing demand for convenient and healthy breakfast options: Busy lifestyles are driving the demand for convenient and healthy breakfast options. Edible flakes are a convenient and healthy breakfast option that can be prepared quickly.
• Rising awareness of the health benefits of edible flakes: Edible flakes are a good source of fiber, vitamins, and minerals, and they have been linked to a number of health benefits, such as reduced risk of heart disease, stroke, and type 2 diabetes.
• Growing disposable incomes: Rising disposable incomes are leading to increased spending on food and beverages. This is driving the demand for premium edible flakes, such as organic and gluten-free edible flakes.
Key Players:
• Kellogg's
• Post holding company
• Nature's Path Foods
• Dr. August Oetker.
• PepsiCo Inc
• Quakers Oat Company
• Nestlé SA
• H. & J. Brüggen KG
• Baggry's India Limited
• Patanjali and more
Recent Developments
Here are some recent developments of companies in the global edible flakes market, with the year of the development: 2023
• Kellogg's announced the launch of its new Kellogg's Frosted Flakes with Real Fruit Medley cereal. The cereal is made with real fruit, including apples, bananas, and blueberries.
• General Mills announced the expansion of its Cheerios cereal production capacity at its Minneapolis site in Minnesota, USA. The expansion is expected to be completed in 2024 and will increase General Mills' global Cheerios production capacity by 10%.
• Post Holdings announced the launch of its new Great Grains Protein Crunch cereal. The cereal is made with whole grains and contains 10 grams of protein per serving.
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Market Segmentation
The thermal transfer labels market can be segmented based on various criteria, including label type, application, industry, region, and more:
• Label Type: Labels can be categorized as paper labels, synthetic labels, and specialty labels.
• Application: Labels are used for product identification, barcode labeling, packaging, and more.
• Industry: The market serves industries including retail, manufacturing, logistics, healthcare, and others.
• Region: The market spans regions such as North America, Europe, Asia-Pacific, and Latin America.
Market Drivers
Several factors are driving the growth of the thermal transfer labels market, including:
• Retail and E-commerce Growth: The need for barcode and labeling solutions in the retail and e-commerce sectors.
• Quality and Durability: The demand for labels that are durable and can withstand various environmental conditions.
• Regulatory Compliance: Labels are essential for compliance with industry regulations, particularly in healthcare and pharmaceuticals.
Challenges
The thermal transfer labels market faces certain challenges, such as:
• Competition and Pricing: A competitive market with price pressure on label manufacturers.
• Sustainability and Recycling: Addressing concerns related to label materials and their environmental impact.
• Technological Advancements: Staying up-to-date with label printing and application technologies.
Opportunities
Opportunities in the thermal transfer labels market include:
• Innovation: Continued development of label materials and printing technologies.
• Sustainability Initiatives: Exploring sustainable label materials and production processes.
• Global Expansion: Growth opportunities in emerging markets with expanding retail and manufacturing sectors.
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Investment Opportunities in the Global Edible Flakes Market
The global edible flakes market is an attractive investment opportunity for investors who are looking to invest in a growing market with a wide range of applications. Investors can invest in the edible flakes market by investing in edible flakes manufacturing companies, edible flakes distribution companies, or edible flakes end-use companies.
Here are some of the key investment opportunities in the global edible flakes market:
• New product development: Edible flakes manufacturers are constantly developing new product variants, such as organic and gluten-free edible flakes, to meet the changing needs of consumers. Investors can invest in edible flakes manufacturing companies that are developing innovative new products.
• Expansion into new markets: Edible flakes manufacturers are expanding into new markets, such as emerging economies, to capitalize on the growing demand for edible flakes in these regions. Investors can invest in edible flakes manufacturing companies that are well-positioned to benefit from the growth of the edible flakes market in emerging economies.
• Acquisitions and mergers: Edible flakes manufacturers are acquiring and merging with other companies to expand their product offerings and geographic reach. Investors can invest in edible flakes manufacturing companies that are consolidating the edible flakes market and are well-positioned to benefit from the long-term growth of the market.
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About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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