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Evolving Market Trends In The Edible Flakes Industry: Darrell Lea's Latest Creation In Edible Flakes Delights
Edible Flakes
What Is the Expected Edible Flakes Market Size During the Forecast Period?
The market size for edible flakes has seen pronounced expansion in the past several years. The projections show an increase from $23.68 billion in 2024 to $25.65 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.4%. The historical growth is driven by shifts in consumer eating habits, the internationalization of food markets, a heightened consciousness about health and wellness, an increase in ready-to-eat food intake, and growing disposable income.
The foreseeable future holds robust growth for the edible flakes market, escalating to $34.44 billion by 2029, boasting a compound annual growth rate (CAGR) of 7.6%. Factors contributing to this growth during the forecast period include rising consumer preference for functional foods, the burgeoning health and wellness sector, increasing global urbanization and population, amplified demand for natural and organic goods, as well as the globalization of food supply chains. Key emerging trends during the predicted period comprise the escalating use of sustainable and eco-friendly packaging, increased demand for plant-derived and alternative protein items, individualization of edible flakes catering to dietary choices, commitment towards clean-labeling and transparency, along with the incorporation of advanced manufacturing strategies in production procedures.
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What Are the High-Growth Segments in the Edible Flakes Market?
The edible flakes market covered in this report is segmented -
1) By Product: Wheat Flakes, Rice Flakes, Flakey Oats, Corn Flakes, Other Products
2) By Nature: Organic, Conventional
3) By Distribution Channel: Hyper markets Or Super markets, Online Retailers, Specialty Stores
Subsegments:
1) By Wheat Flakes: Whole Wheat Flakes, Multigrain Wheat Flakes
2) By Rice Flakes: Flattened Rice, Puffed Rice Flakes
3) By Flakey Oats: Instant Oats Flakes, Rolled Oats Flakes
4) By Corn Flakes: Sweetened Corn Flakes, Unsweetened Corn Flakes
5) By Other Products: Barley Flakes, Quinoa Flakes, Millet Flakes
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What Key Drivers Are Expected to Influence Future Edible Flakes Market Growth?
The increase in the number of people adopting a vegan diet is predicted to boost the edible flakes market growth in the future. These consumers fully embrace vegan principles and dietary habits. Edible flakes, being plant-based, offer a beneficial and versatile food choice for vegans, providing not just nutritional value but also a flavorful and visually appealing element to their meals. For example, a Truly Experiences Ltd. report revealed that in March 2023, there was a 40% increase compared to 2021 in the UK's vegan population, with an additional 445,428 people adopting the diet in 2022. Consequently, the expanding vegan consumer base is fuelling the growth of the edible flakes market.
Which Companies Hold the Largest Share Across Different Edible Flakes Market Segments?
Major companies operating in the edible flakes market include Nestle S.A., PepsiCo Inc., General Mills Inc., The Kellogg Company, Dr. August Oetker AG, Post Holding Company, Quakers Oat Company, Patanjali Ayurved Limited, The Hain Celestial Group Inc., Marico Ltd., H & J Bruggen KG, Bob's Red Mill Natural Foods, SunOpta Inc., Nature's Path Foods, NOW Foods, Mary's Gone Crackers Inc., Freedom Foods Group, Nutiva Inc., Baggry's India Limited, Attune Foods LLC, Purely Elizabeth, Mom's Best Cereals, Julian Bakery Inc., Aarrowhead Mills Inc., Back to Nature Foods Company, Proti Foods
What Trends Are Driving Growth in The Edible Flakes Market?
The introduction of innovative products is a significant trend emerging in the edible flakes market. To maintain their market standing, key companies are introducing new product variants. For instance, Darrell Lea Confectionery Co., a confectionery producer from Australia, unveiled the Crunchy Nut Corn Flakes chocolate block in July 2023. This product uniquely pairs Darrell Lea's creamy milk chocolate with Crunchy Nut Corn Flakes from Kellogg's and additional peanuts, providing a distinctive fusion of sweetness from the chocolate and the unique crunch and nuttiness of cornflakes and peanuts.
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What Are the Emerging Geographies for The Edible Flakes Market Growth?
North America was the largest region in the edible flakes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edible flakes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Edible Flakes Market?
2. What is the CAGR expected in the Edible Flakes Market?
3. What Are the Key Innovations Transforming the Edible Flakes Industry?
4. Which Region Is Leading the Edible Flakes Market?
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