The — Breakfast Cereals market has been expected to be valued at US$ 37,753.2 Mn by the end of 2016, and is anticipated to reach US$ 51,080.9 Mn by 2023, growing at a CAGR of 4.4% from 2016 to 2023.
Market Insights
Breakfast cereals are generally the food produced from processed grains that are consumed as a first meal of the day either mixed with milk or yogurt or with fruit. The inclining trend to implement western dietary patterns especially in developing economies such as India, Malaysia, and Indonesia is expected to bolster the growth of breakfast cereals market over the period 2016-2023. Different consumers available in urban areas are familiar to consuming cereals along with milk for breakfast which is convenient to prepare as well as provide different benefits related to health. Besides this, increasing personal disposable income in emerging economies, as well as added health benefits available in the content of breakfast cereals is likely to bolster the demand for breakfast cereals over the next few years. Apart from this, the significant awareness towards benefits related to breakfast cereals along with rising desire for high carbohydrate and low calorie food is supposed to grow the market for breakfast cereals market over the projection period.
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Hectic lifestyle and significant adoption of the modern lifestyle with almost no time to cook breakfast or related food early in the morning is expected to intensify the demand for breakfast cereals over the projection period. Besides this, significant rate of women empowerment, as well as extensive working hours has strengthened the demand for breakfast cereal products over the past few years. In the next few years, instant breakfast cereals are anticipated to create a huge demand all over the world.
Competitive Insights:
Breakfast cereals market is segmented on the basis of product type such as ready to eat cereals and hot cereals. In 2015, ready to eat cereals segment contributed the highest revenue share of the total breakfast cereals market. The segment is expected to expand at a robust CAGR till 2023. High adoption rate of western culture, as well as adoption of breakfast cereals as day breakfast meal, is expected to spur the growth of breakfast cereals market over the forecast period. Change in lifestyle along with busy working schedule is supposed to create more demand for ready to eat breakfast cereals all across the globe over the forecast period. Though the ready to eat segment will grow at a significant pace in the next few years, the high percentage of nutritional value available in hot cereals is anticipated to expand the demand for hot cereals over the forecast period.
Nutritional breakfast is highly recommended for various physical activities on day to day basis. It lowers the risk of chronic diseases, enhances the memory, maintains the balance level of insulin and provides various other benefits. By product type, the breakfast cereals market growth is segmented by ready to eat and hot cereals. In 2015, ready to eat breakfast cereals segment contributed highest share in the total revenue of global breakfast cereals market. The presence of significant percentage of nutritional value available in hot cereals is expected to impel the demand for hot cereals in various countries across the globe in the next few years.
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ToC:
Chapter 5 North America Breakfast Cereals Market Analysis
5.1 Overview
5.1.1 North America Breakfast Cereals Market Revenue, 2013 – 2023, (US$ Mn)
5.3 North America Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
5.3.1 North America Breakfast Cereals Market Analysis, By Product Type 2013 – 2023 (US$ Mn)
5.4 North America Breakfast Cereals Market Analysis, By Country, 2013 – 2023 (US$ Mn)
5.4.1 U.S.
5.4.2 Canada
Chapter 6 Europe Breakfast Cereals Market Analysis
6.1 Overview
6.1.1 Europe Breakfast Cereals Market Revenue, 2013 – 2023, (US$ Mn)
6.2 Europe Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
6.2.1 Europe Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
6.3 Europe Breakfast Cereals Market Analysis, By Country, 2013 – 2023 (US$ Mn)
6.3.1 EU
6.3.2 CIS
6.3.3 Rest of Europe
Chapter 7 Asia Pacific Breakfast Cereals Market Analysis
7.1 Overview
7.1.1 Asia Pacific Breakfast Cereals Market Revenue, 2013 – 2023, (US$ Mn)
7.2 Asia Pacific Breakfast Cereals Market Analysis, By Product Type 2013 – 2023 (US$ Mn)
7.2.1 Asia Pacific Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
7.3 Asia Pacific Breakfast Cereals Market Analysis, By Country, 2013 – 2023 (US$ Mn)
7.3.1 China
7.3.2 India
7.3.3 Japan
7.3.4 Rest of Asia Pacific
Chapter 8 Latin America Breakfast Cereals Market Analysis
8.1 Overview
8.1.1 Latin America Breakfast Cereals Market Revenue, 2013 – 2023, (US$ Mn)
8.2 Latin America Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
8.2.1 Latin America Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
8.3 Latin America Breakfast Cereals Market Analysis, By Country, 2013 – 2023 (US$ Mn)
8.3.1 Brazil
8.3.2 Mexico
8.3.3 Rest of Latin America
Chapter 9 Middle East & Africa Breakfast Cereals Market Analysis
9.1 Overview
9.1.1 Middle East & Africa Breakfast Cereals Market Revenue, 2013 – 2023, (US$ Mn)
9.2 Middle East & Africa Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023 (US$ Mn)
9.2.1 Middle East & Africa Breakfast Cereals Market Analysis, By Product Type
Chapter 10 Company Profiles
10.1 Kellogg Company
10.2 Cereal Partners Worldwide
10.3 Post Holdings
10.4 PepsiCo Co.
10.5 General Mills
10.6 Weetabix Food Company
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List Of Table :
TABLE 1 Market Snapshot: Global Breakfast Cereals Market
TABLE 2 Global Breakfast Cereals Market, By Product Type, 2013 - 2023 (US$ Mn)
TABLE 3 North America Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023, (US$ Mn)
TABLE 4 U.S. Breakfast Cereals Market Analysis, By Product Type 2013 – 2023, (US$ Mn)
TABLE 5 Canada Breakfast Cereals Market Analysis, By Product Type 2013 – 2023, (US$ Mn)
TABLE 6 Europe Breakfast Cereals Market Analysis, By Product Type, 2013 – 2023, (US$ Mn)
TABLE 7 Germany Breakfast Cereals Market Analysis, By Product Type 2013 – 2023, (US$ Mn)
TABLE 8 France Breakfast Cereals Market Analysis, By Product Type 2013 – 2023, (US$ Mn)
TABLE 9 U.K.Breakfast Cereals Market Analysis, By Product Type 2013 – 2023, (US$ Mn)
TABLE 10 Rest of Europe Breakfast Cereals Market Analysis, By Product Type 2013 – 2023, (US$ Mn)
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