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Growing urbanization couple with shortage of time are altering people’s lifestyle. Presently, a large part of the global population is residing a drift towards processed and ready-to-eat cereals. The above mentioned trends are boosting the demand for the use of edible flakes in breakfast and evening snacks. Furthermore, people shift towards healthier way of life are propelling the edible flakes market in the near future. Significant consumption of edible flakes in Asia Pacific is swelling the entire product market in future owing to the minimal cost and various health benefits offered by the product. However, increasing spending power and rising per capita income is majorly fueling the food and beverage industry in the region, i.e. directly swelling the edible flakes market in the expected timeframe.The Global Edible Flakes Market is expected to reach USD 25 billion by 2025, according to research conducted.
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Accessibility of numerous substitute products such as protein bars, yoghurt, fresh fruits, energy drinks, etc. coupled with lactose intolerance in some regions may prove to be an obstacle in the growth of edible flake market in the recent years. Nevertheless, increasing awareness for fitness and healthy eating habits will positively drive the product industry share in the coming timespan.
Based on the product segment, the market is categorized into wheat flakes, rice flakes, flakey oats and few others. Flakey oats is one of the major product as it captures over 20% market share in terms of revenue in 2018. The product is a great source of fiber and is made of oat grains, that is grounded, rolled or steel-cut. The nutritious value of the product will drive its demand in the coming years.
The distribution channel segment is further segregated into online retailers, supermarkets & hypermarkets and convenience stores. Convenience stores apprehends a considerable market share in the forecast period with a CAGR over 8%.
Based on revenue, Asia Pacific will prove to be the fastest growing region for the edible flakes market growing with a CAGR over 11% in future. This is all due to the shifting food consumption pattern. Moreover, surge in health concerns among the customers will augment the sale of edible flakes across the region in the projected timeframe.
The key manufacturers with a widespread presence in the market are Kellogg’s, Nestlé? S.A., General Mills, Dr. August Oetker, Post Holding Company, Nature’s Path Foods, H. & J. Brggen KG, Patanjali etc.
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Edible flakes market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:
Edible Flakes Market, By Product
• Corn flakes
• Wheat flakes
• Rice flakes
• Flakey oats
• Others
Edible Flakes Market, By Distribution Channel
• Supermarkets & hypermarkets
• Convenience stores
• Online retailers
The above information is provided on a regional and country basis for the following:
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Russia
• Asia Pacific
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
• Latin America
Brazil
Mexico
• MEA
South Africa
Saudi Arabia
UAE
Kuwait
Table Of Content Snapshot:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Edible Flakes Industry Insights
Chapter 4. Edible Flakes Market, By Product
Chapter 5. Edible Flakes Market, By Distribution Channel
Chapter 6. Edible Flakes Market, By Region
Chapter 7. Company Profiles
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