openPR Logo
Press release

Breakfast Cereals Market - Global Industry Analysis 2019

Breakfast Cereals Market - Global Industry Analysis 2019

Global Breakfast Cereals Market: Snapshot

Breakfast cereals form an incredibly large part of the daily diet in terms of overall consumer base around the world. Although breakfast cereals were originally available in and popularized in the U.S., globalization and product appeal soon brought some of the top cereal brands to international shores and convenience stores. Breakfast cereals now form a part of regular diet for nearly every middle class family in urban areas.

The primary factor driving the global breakfast cereals market currently is the high rate of adoption of western culture, practices, and food consumption traits by eastern countries, especially those from the Asia Pacific. In fact, the overall increase in demand for breakfast cereals in emerging economies around the world is expected to be the sole driver for the global breakfast cereals market as a whole. This market is, however, currently being undermined by the drop in supply of palm oil, which is one of the key ingredients required to manufacture breakfast cereals. Additionally, developed economies are steadily moving towards alternative forms of breakfast foods, either due to the growing for convenience food such as cereal bars, or the consumption of other, more wholesome breakfasts.

Download Free exclusive Sample of this report:

By the end of 2016, the global breakfast cereals market is expected to reach US$38.3 bn in terms of revenue generated. This market is expected to expand at a steady CAGR of 4.10% within a forecast period from 2013 to 2019. By the end of 2019, the global breakfast cereals market is expected to reach US$43.2 bn.

High Population in APAC Shows Key Opportunities for Cereal Manufacturers

Geographically speaking, the global breakfast cereals market had consistently held a very important position in the developed regions of North America and Europe in the previous decade. It is in these regions that the manufacturers of breakfast cereals have found the majority of their demand and scope for greater product innovation. After 2006, the consumption habits of the people in Asia Pacific began to change drastically, owing to several factors such as greater awareness of multiple food products and improvements in international trade and transportation. An older publication by the World Bank showed that the middle class population of India and China together is expected to reach 1.2 bn by 2030 at its current growth rate. This fact, coupled with the earlier shift in eating habits and tendencies is expected to propel the Asia Pacific demand for breakfast cereals. This is also augmented by the growing number of convenience stores that sell popular breakfast cereals, further increasing brand visibility, along with the growing scope of ecommerce in the food and beverage industry.

Common Global Lifestyle Traits Point to RTE Cereal Consumption Spike

A generalized segmentation of the global breakfast cereals market can be done as per the cereal types, into hot cereals and ready-to-eat cereals. The former are chosen as the more appealing in terms of taste, fullness, and health. However, current trends of society – especially within urban areas where cereal consumption is much higher – shows that people prefer ready-to-eat cereals far more than hot cereals. A large percentage of the urban population in all countries is known to be engaged in hectic lives that revolve primarily around their work. This offers them little time when it comes to cooking food and therefore, allows a greater proportion of sales for RTE cereals.

The key players currently associated with the global breakfast cereals market include General Mills, Kellogg’s, PepsiCo., and Post. Other prominent players in this market include Cereal Partners Worldwide, Post Holdings, and the Weetabix Food Company.

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

This release was published on openPR.

Permanent link to this press release:

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 - Global Industry Analysis 2019 here

News-ID: 416056 • Views: 468

More Releases from Transparency Market Research

Global Genome Engineering Market: Business Growth, Development Factors, Applicat …
TMR’s report on the global genome engineering market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2019 to 2027. The report provides revenue of the global genome engineering market for the period 2017–2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth
Sintering Process Market Growth Trends, Current Demand, and Development Report
Global Sintering Process Market: Snapshot The global sintering process market is prophesied to gain largely from the competent flourish of powder metallurgy and its applications in a range of industries. Power metallurgy-based process routes incorporating hot isostatic pressing (HIP) and exceptionally good properties are mainly employed in land-based and aero-engine gas turbine applications. Titanium powder metallurgy gathers a growing interest in the airframe industry for weight reduction in replacement steel parts
Medical Textiles Market Report Analysis: Emerging Trends, Business Growth Opport …
Global Medical Textiles Market: Snapshot The global medical textiles market is growing on the back of plethora of reasons. The government bodies of many worldwide countries have introduced diverse stringent regulations that compel the use of medical textiles. At the same time, these government organizations are offering financial support for non-implantable goods. These factors are working as key drivers for the development of the global medical textiles market. An upcoming research report
Anti-Hypertensive Drugs Market Industry Analysis Size, Share, Trend, Business Op …
Global Anti-Hypertensive Drugs Market: Overview Hypertension is a chronic medical condition in which the arterial blood pressure is elevated to an undesired level. Also referred to as arterial hypertension or high blood pressure in generic terms, the condition is measured in terms of systolic and diastolic pressure. At rest blood pressure level is in the range of 120-140 mm Hg systolic and 60-90mm Hg diastolic. Hypertension arises when it is persistently

All 5 Releases

More Releases for Cereal

Cereal Ingredients Market Industry Analysis 2024
Cereals and cereal ingredients form a vital part of human as well as livestock diet and the market for the same has been gaining ground over the years. Key cereal ingredients such as wheat, rice, maize, barley, and oats are rich sources of minerals, fats, proteins, vitamins, carbohydrates, and oils. In many developing countries, a majority of everyday sustenance depends on grains in the form of millet, wheat, rice, or
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,
Global Cereal Bars Market Snapshot by 2021
Asia Pacific is one of the most prominent markets for cereal bars. Growing economies and increasing household income are some of the key factors triggering the growth of the cereal bars market in Asia Pacific. This region is expected to be the fastest growing market for cereal bars during the forecast period. China and India are the two major countries in Asia pacific which hold the highest shares in
Cereal Ingredients Market - Global Industry Analysis 2024
A new research report by Transparency Market Research (TMR), titled “Cereal Ingredients Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016 – 2024,” presents a 360-degree view of the market. The report offers quantitative and qualitative insights into market dynamics, competitive landscape, and geographical segmentation. The increasing demand for processed and ready to eat food is one of the key drivers of the global cereal ingredients market. In
Future of Global Cereal Ingredients Market : 2020
Cereal ingredients are mainly used in the breakfast cereals (Hot and Cold breakfast cereals). Cereal ingredients play an important role in breakfast as it helps in maintaining the taste and nutritive quality in the food product. Some of the benefits of having a regular nutritional breakfast are improvement in memory, balanced cholesterol and insulin levels, physical activeness and low risk of obesity. The practice of skipping breakfast has been reducing,
Analysis of Cereal Bars Market by 2021
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,