Global Breakfast Cereal Market Size, Drivers, Trends, Opportunities And Strategies – includes Breakfast Cereal Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Many countries across the globe are expected to drive innovation in breakfast cereal manufacturing, thus driving the market during the forecast period.
The global breakfast cereal market is expected to grow from $67.55 billion in 2022 to $71.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The breakfast cereal market is expected to grow to $88.26 billion in 2027 at a CAGR of 5.2%.
Get A Free Sample On The Global Breakfast Cereal Market Report:
Global Breakfast Cereal Market Segments Include:
- By Type: Oats Breakfast Cereal, Grains Breakfast Cereal, Other Breakfast Cereal
- By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
- By Product: Ready-to-Eat (RTE), Hot Cereals
- By Packaging: Boxes, Pouches, Other Packagings
- 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 in 2021.
Major Market Players in the breakfast cereal market include Kellogg Co, PepsiCo Inc., General Mills, Post Holdings Inc., Associated British Foods plc, Nature’s Path Foods, B&G Foods Inc.
Breakfast cereal manufacturing companies are 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. Automation enables cereal manufacturers to improve plant conditions, reduce contamination, and minimize human interaction, thus making processing safer for workers as well as consumers. Collaborative robots or semi-autonomous robots are used in various automation processes, including packaging. Plants with fixed automation systems increase yields by at least 2-3% over manual labor. Colborne Foodbotics, ABB Group, Emerson Electric Co., and Schneider Electric S.E. are some of the companies that provide automation equipment to cereal manufacturers.
The Breakfast Cereal Global Market Report 2023 provides a breakfast cereal market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The breakfast cereal market forecast analyzes breakfast cereal market size, breakfast cereal market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Breakfast cereal is a food that is made from processed cereal grains such as maize, oats, wheat, and others consumed for breakfast or snacks.
Explore Similar Reports From The Business Research Company:
Bakery Processing Equipment Global Market Report 2023
Bread And Bakery Products Global Market Report 2023
Bakery & Confectionary Global Market Report 2023
Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at firstname.lastname@example.org
Follow us on:
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: