The Global Breakfast Cereals Market size was valued at USD 38.5 Billion in 2023 and is projected to reach USD 65.2 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Breakfast Cereals Market Driver:
The Growing Propensity for Easy-To-Store Packaged Cereals – Consumer preference has started to lean towards packaged, healthy food over traditional breakfast options, which has led to the popularity of easy-to-store packaged cereals. Since cereal contains various nutrients, including fiber and low calorific value, it is considered an ideal breakfast option. Moreover, the advancement of food retail and rising awareness of the health benefits of eating grain-based cereals would further push the breakfast cereals industry forward.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Breakfast Cereals Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Nature
- Conventional
- Organic
- By Product Type
- Hot Cereals
- Ready to Eat
- By Distribution Channel
- Supermarkets & Hypermarkets
- Retail Stores
- Convenience Stores
- Ecommerce
- Others
- By Price
- Low
- Medium
- High
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East & Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Alara Whole Foods Ltd., Attune Foods LLC, B&G Foods Inc., Bagrrys India Ltd., Bobs Red Mill Natural Foods Inc., General Mills, Inc., Kellogg Company, Marico Limited, Nature’s Path Foods., Nestlé S.A., Pepsico, Inc, Others. and others are looking forward to strengthening their market positions.
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Global Breakfast Cereals Industry Recent Development:
In April 2024, GHOST, a lifestyle brand well known for its sports nutrition products, energy drinks, and apparel, made a bold entry into the food category with a new high-protein cereal line. Partnering with cereal industry giant General Mills, they introduced GHOST PROTEIN CEREAL “PEANUT BUTTER” and GHOST PROTEIN CEREAL “MARSHMALLOW.” Dubbed the “Breakfast of Legends,” these cereals are praised for their epic flavors and high protein content.
In January 2024, Kellogg Co. expanded into the vegan market with the launch of its new Eat Your Mouth Off cereal brand, targeting the snacking preferences of Gen Z consumers. Known for classics like Corn Flakes and Rice Krispies, the US food giant introduced this plant-based, sugar-free, and protein-rich cereal in two flavors, marking a strategic shift towards health-conscious, younger audiences.
In October 2022, General Mills, Inc revealed its plan to introduce Rudolph Cereal alongside the return of two fan-favorite flavors, named Sugar Cookie Toast Crunch Cereal and Apple Pie Toast Crunch Cereal.
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