Global Breakfast Cereals Market 2020 – Industry Analysis, Size, Share, Key Players, Strategies and Forecast to 2026

The global breakfast cereals market is expected to register 7.1% CAGR between 2018 and 2026 and will grow by USD 59.1 billion in 2026.

PUNE , MAHARASHTRA, INDIA, September 23, 2020 / — Global Breakfast Cereals Industry

New Study Reports “Breakfast Cereals Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.

Global Breakfast Cereals Market Overview
The global breakfast cereals market is expected to register 7.1% CAGR between 2018 and 2026 and will grow by USD 59.1 billion in 2026.

The fast-paced lifestyles across the globe has been forcing traditional breakfast foods such as porridges, buns and breads to get replaced by convenient products. The on-the-go Breakfast cereals evolved as healthy alternative owing to its nutritional benefits and convenience. Breakfast cereals are conventional food categories processed from grains such as Wheat, Oats, Rice, and Corn. Breakfast cereals are high in fiber and nutrients, and contain very low cholesterol. These food products are available as hot cereals and ready to eat cereals.

Market Dynamics: Drivers, Restraints, Opportunities Challenges:
The global breakfast cereals market growth is majorly driven by the need for nutritious food as breakfast to help fuel the physical and mental health. Rising risk of diseases such as Diabetes, Obesity, and cardiac issues owing to sedentary lifestyles is motivating people towards consumption of low-calorie food, thereby boosting the demand for breakfast cereals. A porridge made of whole grains contain zero cholesterol, thus making it ideal food for heart health. Furthermore, the growing cereal production across the world is also supporting the growth of breakfast cereals market. According to OECD-FAO Agricultural Outlook 2018-2027, the global cereal production is likely to grow by 13% between 2018 and 2027. The consumption of cereals is projected to witness 14% growth over the same period to reach 2.9 billion tons in 2027 and this growth is attributable to human food uses. The development of organic cereals is estimated to provide new growth avenues to the breakfast cereals market over the forecast period. Organic cereals are holding the health-savvy population who would otherwise shift towards alternatives owing to GMO issues of cereals.

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The adverse health effects of cereals on human health if consumed heavily is hindering the growth of Breakfast Cereals Market. Over consumption of cereals increase the risk of Arthritis. Furthermore, added sugar content of these products is limiting the growth of the market. The manufacturers of breakfast cereals add artificial sweeteners to enhance the consumer sensory experience. However, over intake of sugar may result in type-2 Diabetes and heart disease.

Key Segments
Global Breakfast Cereals Market By Product Type:
• Bars
• Flakes
• Fillows
• Granola
• Others

Competition Landscape:
Many startup companies have recently entered into the market with innovative product formulations and are boosting sales significantly. For instance, Bangalore based Kottaram Agro Foods Pvt Ltd that makes breakfast cereals under the brand Soulfull received an investment of $5.37 million in March 2018. The sales of the company is likely to grow by 5X times by the end of 2019.

The Breakfast Cereals Market is highly competitive with new players entering the market. Some of the major players include The Kellogg Company, General Mills, Inc., Nestlé S.A., PepsiCo, Inc., and Clif Bar & Company. The key players are adopting various key strategies such as product launches, collaborations, mergers & acquisitions which are contributing to the growth of the Breakfast Cereals Market globally. For instance,

The Kellogg Company is eyeing to buy a stake in Indian based Haldiram's to boost its snack business in the country. The alliance will also provide an opportunity to diversify its portfolio of breakfast cereals in Western India.
In June 2016, The Kellogg Company acquired Pure Organic, U.S. based manufacturer of organic breakfast bars. This acquisition marked the boom of organic cereals in the breakfast cereals market.

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 Some points from table of content:

1. Global Breakfast Cereals Market Methodology and Scope
2. Global Breakfast Cereals Market – Market Definition and Overview
4. Global Breakfast Cereals Market Dynamics
5. Global Breakfast Cereals Market – Industry Analysis
6. Global Breakfast Cereals Market – By Product Type
7. Global Breakfast Cereals Market – By Source
8. Global Breakfast Cereals Market – By Flavor
9. Global Breakfast Cereals Market – By Region
10. Global Breakfast Cereals Market Competitive Landscape
11. Global Breakfast Cereals Market Company Profiles
11.1. Nestlé S.A.
11.1.1. Company Overview
11.1.2. Product Portfolio and Description
11.1.3. Key Highlights
11.1.4. Financial Overview
11.2. The Kellogg Company
11.3. General Mills, Inc.
11.4. Clif Bar & Company
11.5. PepsiCo, Inc.
11.6. Pure Organic
11.7. Go Raw (Freeland Foods)
11.8. Kashi Company
11.9. Nature's Bounty Co.
11.10. Cascadian Farm Organic
12. Global Breakfast Cereals Market – Premium Insights
13. Global Breakfast Cereals Market – DataM

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Source: EIN Presswire