Breakfast Cereal Market Opportunities and Forecast Assessment, 2020–2027

According to the latest report by GMI Research, Breakfast Cereal Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The breakfast cereal market analyzes the impact of the COVID-19 pandemic and demonstrates that the market is likely to experience a slump in 2020, and will accelerate in 2021, growing at a significant rate from 2022 onwards. Breakfast cereal is considered as an essential source of nutrients and is widely consumed as a breakfast option. It helps in improving the nutritional value such as vitamins, minerals, and fiber in the breakfast to meet the body requirements. There are a large variety of forms, tastes, flavors, and colors of breakfast cereal that are easily available in the market.

Competitive Landscape: The breakfast cereal market report also scans the competitive landscape and profiles the major players operating in the market, including Kellogg Company, Nestle S.A., Abbott Nutrition, Marico Limited, PepsiCo Inc., General Mills, B&G Foods Inc., Alara Whole Foods Ltd., Carman’s Fine Foods, and Bagrrys India Ltd.

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The significant key factor responsible for the expansion in the breakfast cereal market size is the increasing awareness regarding the nutritional benefits offered by these cereals. The rising urbanization and increasing income will further energize the demand of the market. Breakfast cereal consumption is an emerging breakfast cereal market trend observed over the past few years. Additionally, the increasing acceptability amongst the people owing to the less sugar amount in breakfast cereal is further attracting many consumers to the market.

The breakfast cereals offer remarkable benefits such as reduces the risk of high blood pressure, reduces obesity and overweight, improves nutrient intakes, promotes mental and physical well-being while improving metabolism. The emergence of the COVID-19 pandemic has surged the demand for breakfast cereals at the global level. Due to the strict lockdown and the disrupted supply chain, the consumers are rushing to the shops to stockpile on main food items, including breakfast cereals, as it is widely consumed as a breakfast option and is highly convenient. These factors will directly accelerate the breakfast cereal market share, especially in 2020.

For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-breakfast-cereal-market/

Market Segments:

Breakup by Type:

Ready to Eat Cereals
Hot Cereals

Breakup by Ingredient:

Barley
Corn
Rice
Wheat
Others

Breakup by End User:

Online Stores
Hypermarkets
Specialized Stores
Others

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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