Global Breakfast cereal market is expected to increase at a CAGR of 4.31% between 2024 and 2030
Cereal trends mirror a shift closer to numerous flavors stimulated by international cuisines and trending elements, especially appealing to younger generations. Functional cereals enriched with vitamins and probiotics are recognized for added fitness benefits. Nostalgia performs a giant function as social media sparks renewed interest in acquainted brands, tapping into clients' emotional connections with classic cereals. Manufacturers address health issues with reduced sugar, increased protein, and whole grain alternatives. Convenient features like single-serve and microwavable cereals accommodate busy mornings, while subscription boxes personalize the breakfast experience, shaping a dynamic cereal market responsive to evolving client preferences.The breakfast cereal market share is reworking with customized subscription meeting various choices and dietary needs, ensuring comfort and discovery. On-the-go alternatives like transportable cereal bars blur breakfast and snacking boundaries, catering to a busy life. An international flavor adventure entices flavor buds with distinctive selections like matcha, turmeric, and chai, appealing particularly to the younger demographic. Sweet and savory flavors blend in unique combinations like rosemary olive oil or chili lime, defying traditional sweetness norms to cater to diverse tastes. Limited edition releases and collaborations with well-known manufacturers generate exhilaration, driving short-term boom by encouraging clients to discover new and precise cereal offerings amid hectic mornings. Consequently, the worth of the Global Breakfast Cereals Market was US$ 62.86 Billion in 2023.
Decreasing added sugar and ensuring evident labeling for healthier breakfast options is vital to regaining consumer trust, and in a competitive breakfast cereal market trend, standing out demands non-stop innovation, exclusive flavors, and emotional brand connections. Global growth patterns range, with Europe leaning toward granola and muesli and Asia Pacific imparting enormous expansion possibilities. Adapting flavors to neighborhood tastes is vital, expecting specific selections like matcha-infused flakes in Japan and turmeric-spiced options in India. Embracing local ingredients includes Thai-stimulated cereals with coconut flakes and mango. Community-pushed innovation through collaborative platforms empowers purchasers to co-create new cereal flavors, fostering an experience of ownership and engagement in this ever-changing breakfast panorama.
The surge in ready-to-eat breakfast cereal products globally stems from shifting customer lifestyles and needs for convenience
By product types, the global breakfast cereals market is fragmented into Ready-to-eat and Hot Cereals. In fast-paced, time-strapped world, people seek trouble-free, on-the-go solutions, making ready-to-eat cereals an ideal preference. The ease of preparation aligns with busy mornings, catering to people with constrained time for conventional breakfast cooking. Also, urbanization and growing attention to health-aware choices force the preference for short, portion-controlled options. As a result, the ready-to-eat section continues to flourish, supplying a convenient, nutritious, and time-efficient solution that resonates with the contemporary, dynamic customer demographic.Conventional breakfast cereals maintain a massive share of the international market due to their significant reputation, reliability, and familiarity
By nature, the global breakfast cereals market comprises conventional and organic cereals. These time-tested cereal types attract an extensive consumer base, providing conventional alternatives like flakes, puffs, and oat-based cereals. Their established presence in families globally contributes to a feeling of comfort and convenience. Also, the enduring attraction of classic flavors and formulations ensures the ongoing demand for conventional cereals. While the market sees innovations, the steady desire for these acquainted choices underscores conventional breakfast cereals' iconic legacy and market dominance.Supermarkets and hypermarkets lead the distribution channel for breakfast cereals globally
The global breakfast cereals market is categorized by distribution channel into Supermarkets/hypermarkets, Specialty Stores, Online Retail, and Others. The supermarket/ hypermarket boom is due to convenience, accessibility, and extensive product services. These retail giants offer a one-stop shopping experience, allowing customers to effortlessly access a variety of breakfast cereals in a single section. These shops' enormous shelf space and promotional sports beautify product visibility, influencing purchaser selections. The efficiency of supermarkets/hypermarkets in catering to purchaser options, presenting competitive pricing, and ensuring consistent availability contribute to their substantial market share. The sizeable presence of those retail formats globally makes them pivotal in shaping the distribution dynamics of the worldwide breakfast cereals market.United States exhibits robust growth in the global breakfast cereals market
By countries, the global breakfast cereals market is divided into North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland), Asia Pacific (Japan, China, India, South Korea, Indonesia and Australia), Latin America (Mexico, Brazil, Argentina, Middle East & Africa, Saudi Arabia, the United Arab Emirates, and South Africa), and Rest of world. Time-conscious culture helps clients drive the demand for handy and quick breakfast options, aligning with the ready-to-eat cereal segment. Also, numerous flavors, modern formulations, and fitness-aware editions cater to evolving customer possibilities. The established presence of major cereal producers and powerful advertising strategies foster an increase in the market. Moreover, the excellent availability of breakfast cereals in supermarkets, hypermarkets, and online channels propels the market. As breakfast habits evolve, the USA remains an outstanding player, contributing notably to the expanding breakfast cereals market.Key Players
General Mills, Inc., Nestlé S.A., Kellogg Company, Pepsico, Inc., B&G Foods Inc., Post Holdings, Inc., Calbee, Inc., Migros, and Associated British Foods plc dominate the global breakfast cereals market.The report titled “Global Breakfast Cereals Market By Product Types (Ready-to-eat and Hot Cereals), Nature (conventional and organic cereals), Distribution Channels (Supermarkets/hypermarkets, Specialty Stores, Online Retail, and Others) Regions (North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland), Asia Pacific (Japan, China, India, South Korea, Australia, and Indonesia), Latin America (Mexico, Brazil, Argentina), Middle East & Africa (Saudi Arabia, the United Arab Emirates, and South Africa), and Rest of World), Companies Analysis (General Mills, Inc., Nestlé S.A., Kellogg Company, Pepsico, Inc., B&G Foods Inc., Post Holdings, Inc., Calbee, Inc., Migros, and Associated British Foods plc)” provides a complete study of Global Breakfast Cereals Industry.
Product Types - Global Breakfast Cereals Market breakup in 2 viewpoints:
1. Ready-to-eat cereals2. Hot Cereals
Nature - Global Breakfast Cereals Market breakup in 2 viewpoints:
1. Conventional cereals2. Organic cereals
Distribution Channels - Global Breakfast Cereals Market breakup in 4 viewpoints:
1. Supermarkets/hypermarkets2. Specialty Stores
3. Online Retail
4. Others
Regions - Global Breakfast Cereals Market breakup in 21 Countries viewpoints:
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Spain
2.6 Switzerland
3. Asia Pacific
3.1 Japan
3.2 China
3.3 India
3.4 South Korea
3.5 Indonesia
3.6 Australia
4. Latin America
4.1 Mexico
4.2 Brazil
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 South Africa
6. Rest of World
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Developments
- Revenue Analysis
Companies Analysis:
1. General Mills, Inc.2. Nestlé S.A.
3. Kellogg Company
4. Pepsico, Inc.
5. B&G Foods Inc.
6. Post Holdings, Inc.
7. Calbee, Inc.
8. Migros
9. Associated British Foods plc
Table of Contents
Companies Mentioned
- General Mills, Inc.
- Nestlé S.A.
- Kellogg Company
- Pepsico, Inc.
- B&G Foods Inc.
- Post Holdings, Inc.
- Calbee, Inc.
- Migros
- Associated British Foods plc
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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