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Global Breakfast Cereals Market to Grow at a CAGR of 0.63% During the Period 2017-2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Breakfast Cereals Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 10/06/2017 -- Report forecast the global breakfast cereals market to grow at a CAGR of 0.63% during the period 2017-2021.

Breakfast cereal is a processed food got by grains and usually served as a morning cereal. It is often consumed with milk. Grains like corn, wheat, oats, rice, and barley are the most commonly used raw materials in breakfast cereal. Other ingredients include salt, yeast, sweeteners, flavoring agents, vitamins, minerals, preservatives, and others. Malt, white sugar, brown sugar, and corn syrup are the artificial sweeteners used in breakfast cereals. In addition to that, breakfast cereals are added with a variety of seasonings such as chocolate powder; cinnamon; honey; fruit flavors; and others.

The report covers the present scenario and the growth prospects of the global breakfast cereals market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the major drivers for this market is Premiumization. The premiumization of breakfast cereal products is one of the major factor driving the market growth. The improving economic situations in countries and the increasing purchase power of consumers is creating an increase in demand for premium products. In the Middle East and Africa, by 2018, the food expenditure per household is expected to hit $2,000. The Southeast Asian markets are witnessing a rise in the demand for premium breakfast cereals.

Further, the report states that one of the major factors hindering the growth of this market is High raw material procurement cost. In recent years, the wide gap between demand and supply has increased raw material costs substantially. Any increase in the price of raw materials, such as wheat; corn; fruits; almonds; and cashew nuts increases the manufacturing cost and leads to reduced profit margins for vendors. The raw material procurement cost to produce breakfast cereals is high. The decentralized supply scenario acts as a challenging factor for the global breakfast cereal market.

Global Breakfast Cereals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global breakfast cereals market: General Mills, Kellogg, PepsiCo, and Post Holdings.

Other Prominent Vendors in the market are: Back to Nature Foods Company, Bob's Red Mill Natural Foods, Carman's Fine Foods, Cereal Partners Worldwide (CPW), Family Cereal, Marico, MCKEE FOODS, Nature's Path Foods, The Jordans & Ryvita Company, and TreeHouse Foods.

Market driver
- Premiumization
- For a full, detailed list, view our report

Market challenge
- High raw material procurement cost
- For a full, detailed list, view our report

Market trend
- Shift toward organic breakfast cereals
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 79 pages "Global Breakfast Cereals Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by product type, Market segmentation by distribution channel, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Competitor analysis, Appendix.

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