Press Releases
 
Breakfast Cereals Market: Burgeoning Convenience Food Sector Accentuating Growth

, 14 February 2018 -- Breakfast Cereals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019

Some of the prominent players operating in the global breakfast cereals market are General Mills, the Kellogg Company, PepsiCo, Inc., Cereal Partners Worldwide, and Post Holdings, finds Transparency Market Research (TMR). Leading players are increasingly focused on developing products with exotic flavor and nutritional benefits. They are introducing new varieties to meet the dynamic taste and varied requirements of consumers in emerging markets, in a move to consolidate their shares, observes TMR.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1802

The global breakfast cereals market is projected to rise at a moderate CAGR of 4.10% during the forecast period of 2013–2019. The market is anticipated to reach a valuation of US$43.2 bn by the end of 2019. A burgeoning demand for ready-to-eat food products and the staggering rise in number of convenience stores in various parts of the world are factors creating abundant prospects for the evolution of the market.

The two major types of breakfast cereals in the market comprise ready-to-eat and hot cereals. Of these, the ready-to-eat segment clearly holds the sway driven by their extensive uptake, especially in developed nations. The growth in the segment will be fueled by the vastly rising demand for ready-to-eat food products. However, over the forecast period, the other segment will witness a substantially emerging demand in emerging economies.

Regionally, Asia Pacific is an attractive market for breakfast cereals expected to rise at a prominent pace over the forecasts period. The growth is driven by a burgeoning middle class populations in key economies and supported by the swift pace of industrialization in various parts of the region. The constantly changing breakfast consumption patterns toward the consumption of packaged cereals is largely fueling the demand.

Ready-To-Eat Food Products to Stoke Demand

The notably increasing acceptance of ready-to-eat food products for breakfast among various populations world over, especially in developing nations, is a key factor stoking the demand for breakfast cereals. The marked shift of people in several developing economies toward western and Mediterranean dietary patterns, coupled with substantial rise in disposal incomes, is a crucial factor driving the overall market. The changing proclivity of millennials toward the intake of convenience foods at breakfast is a notable trend boosting the market. The growing preference of packaged cereals having significant nutritional values is a key factor accentuating the growth of the market.

The vast strides made by the convenience food sector in a number of developing economies in the last few years is a key factor contributing to the growth of the market. A burgeoning number of convenience retail stores in emerging economies such as in Asia Pacific is providing a robust fillip to the market. This is expanding the options for improving the shelf visibility of such products. A rapidly rising middle-class populations in emerging economies such as China and India is boosting the market.

Advent of Innovative Products with Exotic Flavor Boosting Market

The decline in the supply of palm oil used a raw material for manufacturing breakfast cereals is a key factor expected to cripple the growth of the market. Furthermore, a growing focus on healthier food habits, especially in developing and developed nations, is likely to restrain the demand for packaged breakfast cereals. Nevertheless, the advent of breakfast cereals with exotic flavors and innovative taste is likely to create lucrative prospects in the market in the years to come. In addition, the rapidly changing lifestyle in developing nations will sustain the demand for breakfast cereals. A number of innovative products launches in several developing and developed countries in recent years is also accentuating the growth of the for breakfast cereals market.

# # #


Submitted by amyjames on Wednesday, 14 February 2018 at 2:56 PM
Category: Food & Fashion
 
Related News

Chocolak's New Collection of Premium Chocolates is here - The Perfect Baby Shower Present
Saturday, 20 Oct 2018

Get This Fall’s Latest Fashion Trends & Accessories At Great Prices From This Online Boutique
Thursday, 18 Oct 2018

Mycotoxin Binders Market: Conceptual Framework, Scenarios & Future Perspectives
Thursday, 18 Oct 2018

Canned Soups Market: New Innovations, Application, Recent Trend Updates & Forecast
Thursday, 18 Oct 2018

Global Tea Market - Report Offers Scores of Prospects 2025
Thursday, 18 Oct 2018

Related Events

Taste of Abu Dhabi
Thursday, 8 Nov 2018

Hospitality Tech and Innovation Fourm
Monday, 25 Mar 2019

Latest News

Onlinedatingcoach.de Offers the Best Space for Individuals Looking for The Right Relationship Advice
Saturday, 20 Oct 2018

SEO Packages: Make sure Maximum Traffic to your Website
Saturday, 20 Oct 2018

onlinedatingcoach.de Provides the Right Source of Information for Singles in Love and Romance
Saturday, 20 Oct 2018

Chocolak's New Collection of Premium Chocolates is here - The Perfect Baby Shower Present
Saturday, 20 Oct 2018

How can you choose questions from the test bank?
Saturday, 20 Oct 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Saturday, 20 October 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Hepatitis BandC CME Training Program and Treatment Update, Irvine, CA
  • OmniaMed Kongress-Highlights Diabetologie Koln 2018
  • 200 hour Yoga Teacher Training Retreat in Costa Rica with Caroline Klebl
  • National Family Medicine Board Review
  • CRU Ryan's Notes Ferroalloys Conference 2018, Orlando, Florida, USA

  • Latest Jobs
    Sorry, there are currently no entries posted here.