Global Cereals Market was worth USD 43.2 billion in 2017 and estimated to be growing at a CAGR of 4.3%, to reach USD 53.32 billion by 2022
Hyderabad, India -- (SBWIRE) -- 03/16/2018 -- Breakfast cereal (or simply cereal) is a sustenance item produced using prepared oat grains that are regularly eaten as the main feast of the day in basically Western social orders. It is frequently blended with drain, yogurt, or natural product. A few organizations advance their items for the medical advantages from eating oat-based and high-fiber cereals.
In America, cereals are regularly invigorated with vitamins, however, can likewise need a significant number of the vitamins required for a sound breakfast. A huge extent of cereals is made with high sugar content.
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Global Cereals Market was worth USD 43.2 billion in 2017 and estimated to be growing at a CAGR of 4.3%, to reach USD 53.32 billion by 2022. The global breakfast cereals market at present is driven by changing sustenance propensities and impact of western culture on dietary examples of customers in
numerous creating economies.
The market pioneers are developing their item offerings to take into account the enhanced client premiums all over the world. Ready to eat feature makes them even more suitable for fast-paced 21st-century life. Therefore, acts as a major driver.
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Geographically the Global Specialty Sweeteners market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The North America market drove by the United States holds most of the global breakfast grain market, trailed by Europe.
Asia-Pacific is anticipated to develop at a quickening rate over the figure time frame 2017-2022. Purchasers in Asian nations like China and India lean toward hot cereals containing rice or wheat as real fixings. These countries are expected to enroll a high development attributable to ascend in shopper inclinations prepared to eat dinners combined with occupied ways of life in this district.
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Some of the major companies dominating the market, by their products and services include Kellogg Company, General Mills, PepsiCo Inc, Nestle Inc, The Coca-Cola Company.
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