Breakfast Cereal Market to Reach Nearly USD 70.16 Billion by 2030, Driven by Convenience and Health Trends
The global breakfast cereal market is expected to reach nearly USD 70.16 billion by 2030, growing at a CAGR of 5.2% from 2023 according to a new report by Maximize Market Research. This press release summarizes the key findings of the report.
Market Size
The breakfast cereal market is valued at US$ 49.2 billion in 2023 and is poised for steady growth over the next seven years.
Overview
The Maximize Market Research report provides a comprehensive analysis of the global breakfast cereal market, including industry trends, market size, growth forecasts, and key drivers. The report leverages both primary and secondary research to offer valuable insights for industry stakeholders.
Market Scope
The report offers a detailed examination of the breakfast cereal market, encompassing market size, segmentation by product, packaging type, source, distribution channel, and key players. It also identifies potential growth opportunities and analyzes the competitive landscape.
Segmentation
The breakfast cereal market is segmented by product (ready-to-eat, hot cereal), packaging type (boxes, pouches, others), source (wheat, rice, oat, corn, barley, others), and distribution channel (supermarket, e-commerce, convenience store, others).
Major Manufacturers
- North America: General Mills, Hometown Food Company, Purely Elizabeth, Above Food, WK Kellogg Co, Post Holdings, Kraft Heinz, Archar Daniels Midland
- Europe: Nestlรฉ, Dr. Oetker, Weetabix Food Company, Nairn's Oatcakes, Associated British Foods, Tasti Products Ltd., Spoon Cereals, Sevenday Cereals International, Crespel & Deiters Group, W Jordan & Son (Silo)
- Asia Pacific: Future Consumer, ITC Limited, Marico, San Miguel Pure Foods International, Bagrry's
- Middle East: Almarai
- South America: Grupo Bimbo
Regional Analysis
The report provides a regional breakdown of the breakfast cereal market, covering North America, Europe, Asia Pacific, the Middle East, and South America. It analyzes market size, growth rates, import/export data for each region.
COVID-19 Impact Analysis
The report assesses the impact of COVID-19 on the breakfast cereal market, examining both challenges and opportunities that emerged during the pandemic. It provides valuable insights for navigating the post-pandemic market landscape.
Key Questions Answered
The report addresses critical questions for industry stakeholders, including:
- What product segment holds the largest market share?
- How is the competitive landscape evolving?
- What are the key growth drivers for the breakfast cereal market?
- Which region offers the maximum growth potential?
- What is the projected CAGR for the breakfast cereal market?
- What are the leading companies in the market?
- What are the key trends shaping the future of the breakfast cereal market?
- What will be the market size by 2027?
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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