DUBLIN--(BUSINESS WIRE)--The "Global Packaged Shredded Wheat Cereal Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global packaged shredded wheat cereal market is expected to grow at a CAGR of 3.43% during the period 2018-2022.
The report 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.
One trend in the market is increasing number of private-label vendors. The increasing number of private-label vendors will drive the growth of the packaged shredded wheat cereal market. Private-label breakfast cereals are gaining prominence among consumers as they are significantly cost-effective in comparison to branded cereal products.
According to the report, one driver in the market is innovations for labeling and packaging. Attractive and innovative packaging are gradually becoming popular in enticing new consumers and creating demand. Thus, currently, many players are coming up with attractive packaging for their packaged breakfast cereals (like shredded wheat cereals). For instance, in 2017, Post Consumer Brands (Post Holdings) updated their cereal boxes with a simpler and vibrant look (brand name"Shredded Wheat" is now in straight letters instead of the flair on the previous package).
Further, the report states that one challenge in the market is availability of variety of substitute products. Greek yogurt is becoming a breakfast food for many consumers, especially in western countries owing to its thick texture and rich taste, nutritional benefits, and increasing trend for convenient and packaged food. Hence, currently, many players are introducing Greek yogurt as a meal replacement and snack option.
- Hain Celestial
- Post Holdings
- Silver Palate Kitchens
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product Size
8. Market Segmentation by Distribution Channel
9. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/bqlqjc/packaged_shredded?w=4