Global Breakfast Cereals Market to 2027 - by Type, Distribution Channel, Ingredient and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Breakfast Cereals Market, Global Forecast, Impact of COVID-19, Industry Trends, By Distribution Channel, Growth, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering.

According to the publisher latest report, the Global Breakfast Cereals Market is expected to reach US$ 60.60 Billion by 2027.

Companies Mentioned

• Marico limited
• General Mills, Inc
• Nestle S.A.
• Kellogg Company
• Pepsico, Inc.
• B&G Foods Inc.

Increasing demand for Quick Meals Driving the Consumption of RTE Cereals

By Type, Global Breakfast Cereals Market is classified into Ready to eat (RTE) and Hot Cereal. Ready to eat (RTE) consists of bars, cornflakes, cookies & biscuits. Globally rising demand for on-the-go meal options is driving the consumption of RTE cereals. Besides, increasing awareness regarding easy, fast, and inexpensive meal options the RTE cereal category offers boosts the overall market. Attractive packaging, compelling advertising strategies, and improved taste are the key factors fuelling demand for RTE.

In addition, common types of hot cereals include oatmeal, grits, cream of wheat, cream of rice, and mixed grain cereals. The rising adoption of nutritious meal options in breakfast is expected to register the fastest growth during the forecast period attributed to burgeoning consumption in Asian countries like India and China. The vast benefits of including the organic and whole grain-based cereals in the diet further escalate the demand for hot cereals globally. Besides, the incorporation of exotic flavours into the product variants, resulting in innovative tastes, is anticipated to rev up the market.

Distribution Channel - E-commerce is emerging as a convenient distribution channel

The Global Breakfast Cereals Market, By Distribution Channel, supermarket, convenience stores, E-commerce are the major distribution channels reviewed in the report. The number of convenience stores across the globe has seen an unprecedented acceleration in the last few years. Initially, their occupancy was concentrated in developed economies of North America and Europe, and now they have expanded the presence of convenience stores across the Asia Pacific.

Furthermore, E-commerce is also emerging as a convenient distribution channel in the global sphere. E-commerce creates considerable revenue from developed economies of North America and Europe on the widespread adoption of the internet and mobile phones. Online channels globally provide better access to branded merchandise and deliver a better shopping experience. Globally, E-commerce offers a more prosperous and personalized shopping exposure to the buyer. As per this report, Worldwide Breakfast Cereal Market Size was valued at US$ 45.90 Billion in 2020.

COVID-19 Benefited Breakfast Cereals Industry

The situation of the COVID-19 pandemic had urged a change from eating out to cooking at home as consumers solicit healthier, safe, and convenient food substitutes. With this trend awaited to continue post-pandemic, manufacturers operating in the breakfast cereals business are rolling out private label products that consumers perceive in a convenient environment to shop and cook, with the appended safety of pre-packaged constituents. The pandemic has transformed the way consumers plan their meals. New offerings give people the flexibility to shop conveniently and similarly create healthy meals to scratch cooking.

Contrarily, the consciousness has advanced among consumers and brands with the guidance of retailers vying on preserving the highest safety standard with quality and sustainability as a significant concern. Besides, COVID-19 has generated multiple opportunities for many private players to emerge in the markets to cater to inflated demand.

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics

4.1 Growth Drivers

4.2 Challenges

5. Global Breakfast Cereals Market

6. Market Share Analysis

6.1 By Type

6.2 By Distribution Channel

6.3 By Ingredient

6.4 By Region

7. Type - Global Breakfast Cereals Market

7.1 RTE

7.2 Hot Cereal

8. Distribution Channel - Global Breakfast Cereals Market

8.1 Supermarket

8.2 Convenience Stores

8.3 E-Commerce

8.4 Others

9. Ingredient - Global Breakfast Cereals Market

9.1 Rice

9.2 Wheat

9.3 Corn

9.4 Barley

9.5 Oats

9.6 Others

10. Region - Global Breakfast Cereals Market

10.1 North America

10.2 Europe

10.3 Asia Pacific

10.4 Rest of World

11. Key Players Analysis

For more information about this report visit https://www.researchandmarkets.com/r/uczn1l