openPR Logo
Press release

Breakfast Cereals Market Driven by Fancy for Western Food Habits, Busy Lifestyles

12-29-2016 01:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR-Reseach Report

Breakfast Cereals Market Driven by Fancy for Western Food

Breakfast cereals have become a staple on breakfast tables in almost all parts of the world. What were originally sold as products of milled wheat, oats, rice, and corn that required cooking or heating prior to consumption, breakfast cereal technology has evolved to manufacture sophisticated ready-to-eat products that require minimal or no cooking.

View exclusive Global strategic Business report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1802

The global breakfast cereals market will expand at a CAGR of 4.10% from 2013 to 2019, says a market study by Transparency Market Research. With the demand for American-style breakfast items rising globally, of which ready-to-eat breakfast cereals are an important item, China, India, and Brazil have become the hot destinations for cereals marketers, where processed cereal products aren’t the norm.

As Life Gains Pace in Emerging Economies, Ready-to-eat Foods, Breakfast Cereals Become Commonplace

In emerging economies, the growing middle-class population is slated to have the greatest preference for the adoption of Western food habits, which include breakfast cereals. In China and India, the middle-class population is expected to total 1.2 bn by 2030, increasing from 430 mn in 2010, as per statistics of the World Bank.

Browse Full Research Report: http://www.transparencymarketresearch.com/breakfast-cereals-industry.html

The changing lifestyle of the populace, due to demanding jobs that require longer working hours, does not leave adequate time for fresh cooking consistently, especially on weekdays. Thus, the consumption of foods that do not involve long preparation times and can be consumed on-the-go is gaining momentum. Increasing disposable income of individuals has also strengthened the purchasing power to buy packaged foods, which were once only affordable for the upper classes.

The cropping up of convenience stories in every nook and corner in urban areas has helped increase the brand visibility of breakfast cereals, which in turn has spurred the breakfast cereals market. For example, in 2011, China and South Korea together registered 4,000 new stores. More so, in China, the number of convenience stores has increased manifold, with more than 2000 convenience stores present in the Guangdong province alone in 2013.

Hot Cereals Fit into Hot Breakfast Norms of Asian Cuisines

Breakfast cereals are of two types – hot cereals and ready-to-eat (RTE) cereals. As the name suggests, hot cereals need preparation in the form of heating or cooking, whereas RTE cereals are ready for consumption, sans the need for preparation. Among the two, RTE is a more popular type of breakfast cereal in North America and Europe. In these regions, nuclear families with both partners working is the standard structure, because of which prepared and packaged foods are consumed liberally due to time constraints. For these reasons, RTE cereals hold more than 85% of the overall market for breakfast cereals in these regions.

However, hot cereals are expected to have an increased share by 2019, accounting for about 18.0% of the global market for breakfast cereals. The hot cereals product segment will benefit from the increasing popularity of breakfast cereals in Asian countries, where starting the day with a hot breakfast is the norm.

In India, hot cereals such as oats, wheat bran, and oat bran have been the fastest growing products, with Kellogg’s, PepsiCo Quaker, and Bagrry holding more than three-quarters of the breakfast cereals market in the country.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Breakfast Cereals Market Driven by Fancy for Western Food Habits, Busy Lifestyles here

News-ID: 403074 • Views:

More Releases from TMR-Reseach Report

Soy Protein Market : Insights into the Competitive Scenario of the Market
The majority of the global soy protein market in 2015 was taken up by key global players, such as Archer Daniels Midland Company, CHS, Inc., Cargill, Inc., E.I. du Pont de Nemours and Company, and Willmar International. At the time, these players had taken up a share of over 66.2% of the global soy protein market, pointing to a largely consolidated competitive landscape. By revenue, the global soy protein market was
Yogurt Market : Influential Factors Determining the Trajectory of the Market.
Transparency Market Research observes that the leading players in the North America Yogurt Market held a share of 74.3% in market in 2016. This mammoth share indicates that the market is highly consolidated with the presence of few strong players. Chobani, Danone, Private Label, Yoplait, and Fage are the top five players. Their dominance can be credited to a diverse and a comprehensive range of products. The persistent efforts to
Processed Food Beverage Preservatives Market : Granular View of The Market from …
The vendor landscape of the global processed food and beverage preservatives market features a moderately competitive nature on account of the presence of numerous large and small vendors, observes Transparency Market Research (TMR) in a recent report. Delivery of products consistent with international food safety and quality standards, innovations, and geographical expansion of business operations are some of the strategies adopted by companies in the market to outshine their peers. Over
Kosher Salt Market : Comprehensive Evaluation Of The Market Via In-Depth Qualita …
K+S Aktiengesellschaft, Cargill, Inc., and Compass Minerals have been the leaders of the global kosher salt market in 2015 with a collective share of 70.4% of the market value. With such a massive share in the market’s value, the global kosher salt market has been consistently consolidated in nature with only a basic regional scope of growth for localized businesses. However, the global kosher salt market contains a highly unorganized

All 5 Releases


More Releases for Breakfast

Breakfast Cereals Market Noticeable upto 2025
Global Breakfast Cereals Market: Snapshot Hectic pace and busy lifestyle are the key factors fuelling the demand for breakfast cereals, in turn giving impetus to the global breakfast cereals market. Changing food habits of people, increasing number of convenience stores, and growing rate of urbanization are helping the market grow with greater momentum. Various players in this market are manufacturing instant breakfast that require just hot water to get consumable food
Global Breakfast Cereals Market: Increasing Awareness among Customers about Heal …
Breakfast cereals, usually produced from the processed grains are consumed in different forms such as either hot, cold, or dry. Kellogg’s launched the world’s first patented breakfast cereal as cornflakes back in 1895. Since then, the breakfast cereal industry have become a multibillion dollar market across the globe. Some of the key companies in the global breakfast cereal market include names such as Kellogg’s, Cereal Partners Worldwide (CPW) – a joint
Breakfast Food Market Industry Analysis 2024
Breakfast is the one the most important parts of daily diet . The busy life style has influenced the breakfast food market globally. instant and low fat content breakfast such as cornflakes, brown bread, salads among others have become a new trend. The breakfast food market is segmented into Breakfast bars, granola and yogurt bars, instant breakfast, toaster and pastries. The breakfast food market is highly influenced by consumers
Global Breakfast Cereals Market: Increasing Awareness among Customers about Heal …
Breakfast cereals, usually produced from the processed grains are consumed in different forms such as either hot, cold, or dry. Kellogg’s launched the world’s first patented breakfast cereal as cornflakes back in 1895. Since then, the breakfast cereal industry have become a multibillion dollar market across the globe. Some of the key companies in the global breakfast cereal market include names such as Kellogg’s, Cereal Partners Worldwide (CPW) – a
Breakfast Cereals Market - Minimal Preparation Time Drives up Sales of Ready-to- …
Global Breakfast Cereals Market: Snapshot In order to outgun their competitors, keen players in the global market for breakfast cereals are coming up with a different varieties to cater to the different tastes and requirements of customers. Breakfast cereals, which originated in the U.S., have now become a staple breakfast food in almost every part of the world, thanks to globalization. Their worldwide market has been boosted by many factors. One
Global Breakfast Cereals Market | MarketResearchReports.biz
Latest industry research report on: Global Breakfast Cereals Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Persistence Market Research’s recently published report on the global breakfast cereals market is a study of the global market for breakfast cereals in terms of global production, shipment, segments, growth rate, key regions, and present and forecast dynamics over a five-year period, 2014-2019. The report offers an overview of