The Global Breakfast Cereal Market Report by The Business Research Company covers breakfast cereal market drivers and restraints, breakfast cereal market size, major players, and the impact of COVID-19 on the breakfast cereal market.
The breakfast cereals market consists of sales of breakfast cereals such as corn flakes, muesli and porridge oats by entities (organizations, sole traders and partnerships) that produce breakfast cereal products. The companies in the industry process raw materials into breakfast cereals, package and distribute them through various distribution channels to both individual customers and commercial establishments. The breakfast cereals market is segmented into oats breakfast cereal, grains breakfast cereal and other breakfast cereal.
Higher profit margins will enable food and beverage companies to increase their production and drive the market going forward. The global breakfast cereal market is expected to grow from $56.86 billion in 2020 to $60.07 billion in 2021 at a compound annual growth rate (CAGR) of 5.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $75.44 billion in 2025 at a CAGR of 6%.
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Some breakfast cereal market trends include companies adopting robotics and automation technology to maximize production efficiency. Robotic systems automate batching, conveying, processing, storage and packaging of cereal products thus decreasing production cycle time and increasing output.
Global breakfast cereal market segments include:
1) By Type: Oats Breakfast Cereal, Grains Breakfast Cereal, Other Breakfast Cereal.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
3) By Product: Ready-To-Eat (RTE), Hot Cereals.
4) By Packaging: Boxes, Pouches, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global breakfast cereal market, accounting for 51% of the total market.
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The Breakfast Cereal Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides breakfast cereal market overviews, analyzes and forecasts market size, share, breakfast cereal market players, breakfast cereal market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The breakfast cereal market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Breakfast Cereal Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Abbott Nutrition, Attune Foods, Back to Natures Food Company, Bobs Red Mill Natural Foods
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Breakfast Cereal Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Breakfast Cereal Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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