Market Insights

As per recent research by MarkNtel Advisors, The Global Breakfast Cereals Market size was valued at USD 38.5 Billion in 2023 and is projected to reach USD 65.2 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30.

Global Breakfast Cereals Market Driver:

The Growing Propensity for Easy-To-Store Packaged Cereals - Consumer preference has started to lean towards packaged, healthy food over traditional breakfast options, which has led to the popularity of easy-to-store packaged cereals. Since cereal contains various nutrients, including fiber and low calorific value, it is considered an ideal breakfast option. Moreover, the advancement of food retail and rising awareness of the health benefits of eating grain-based cereals would further push the breakfast cereals industry forward.

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Market Segmentation and Consumer Behavior:

By Nature

  • Conventional
  • Organic

By Product Type

  • Hot Cereals
  • Ready to Eat

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Retail Stores
  • Convenience Stores
  • Ecommerce
  • Others

By Price

  • Low
  • Medium
  • High

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Breakfast Cereals Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Players and Competitive Strategies in the Breakfast Cereals Market

Several prominent players dominate the Breakfast Cereals Market, including:

  • Alara Whole Foods Ltd.
  • Attune Foods LLC
  • B&G Foods Inc.
  • Bagrrys India Ltd.
  • Bobs Red Mill Natural Foods Inc.
  • General Mills, Inc.
  • Kellogg Company
  • Marico Limited
  • Nature's Path Foods.
  • Nestlé S.A.
  • Pepsico, Inc.

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Questions Addressed in this Study

1.What factors are driving the Breakfast Cereals Market growth?

2.How is the Breakfast Cereals Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Breakfast Cereals Market?

4.What is the current size of the Breakfast Cereals Market, and how is it projected to change in the future?

5.What is the future outlook for the Breakfast Cereals Market in terms of technological advancements and market expansion?

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