Breakfast Cereal Market, By Source (Corn, Rice, Wheat, Oats and Barley), By Product-Type (Hot and Ready- to- eat cereals), By Distribution Channel (Supermarket, Convenience Stores, Online, and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI102119 | Publish Date: March 2024 | No. of Pages: 180

Global Breakfast Cereal Market By Overview

Introduction

Breakfast Cereal Market was valued at US$ 40.6 Billion in 2024 and is projected to grow at a CAGR of 4.30% to reach US$ 59.4 Billion by 2034.

Breakfast cereals are a traditional breakfast food that is made from processed whole cereal grains and is generally mixed with milk or yogurt and fruits. It can be consumed in dry, hot or cold form. Most common grains that are used to produce cereals are oats, rice, barley, wheat, and corn. Kellogg was the first company that introduced the first patented breakfast cereal in the form of cornflakes in 1895. Since then, breakfast cereals have produced a multi-billion dollar market on a global level

Global Breakfast Cereal Market By Dynamics

The major drivers for the global breakfast cereal market are the numerous health benefit and easy preparation of cereals which is favored by the rapid urbanization and growth of middle-class population that prefer on-the-go options of meals. Whole grain cereals are a popular trend, holding a positive impact on the global market growth. Especially in developing markets, a large number of flavored and innovative options in breakfast cereals are likely to accelerate the target market growth. Factors that are affecting the global breakfast cereal market are availability of huge alternatives like eggs, yogurts, and fruits etc. which are healthier and made from fresh ingredients. These alternatives are of low-cost and do not have food preservatives that are added to increase the shelf life of breakfast cereals

Global Breakfast Cereal Market By Segmentation

Global breakfast cereal market is segmented based on the source, product type, distribution channel, and regions. On the basis of Source, the global breakfast cereal market is segmented into corn, rice, wheat, oats and barley. Based on the product type, the global breakfast cereal market is characterized into hot cereals and ready- to- eat cereals. This segment generally consists of bars, biscuit, cornflakes and cookies. Based on the distribution channels, the global breakfast cereal market is sub divided into supermarket, convenience stores, online, and others.

Regional Insights:

On the basis of region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Developed countries like North America have always been early adopters of breakfast cereals. However, currently it is saturated and is expected to witness a decline in the next few years as the consumers are looking for other alternative options for on-the-go meals. Due to which it is expected that North America will lose its market share to Asia Pacific due to its increase in population and awareness of health benefits of cereals. Asia Pacific is expected to be a major market for breakfast cereal in the near future due to exploding population especially in countries like India and China. The market in Europe is expected to have second-highest share in the market in terms of revenue over the forecast period, due to increasing popularity of nutritional food products in the region. The market will also see a significant market growth in some regions of Latin America

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Source –  Corn, Rice, Wheat, Oats and Barley

By Product-Type - Hot and Ready- to- eat cereals

By Distribution Channel - Supermarket, Convenience Stores, Online, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Global Breakfast Cereal Market By Key Players

Key players in the breakfast cereal market are General Mills, Inc., Alara Wholefoods Ltd., Nestle SA, Kellogg Company, PepsiCo, Inc., Bagrrys India Ltd., Post Holdings, Inc. (Attune Foods LLC), B&G Foods Inc., Archer Daniels Midland Company, and Bob's Red Mill Natural Foods Inc.

Recent Development:

The New Launched Product News,

  • In August 2023, Nestle launched two new breakfast cereals – Koko Krunch millet jowar and Munch to its portfolio in India. According to Nestle morning cereals, The Koko Krunch millet-jowar is a novel dish that combines already-existing components like rice and water with locally grown grains like jowar. We would be able to offer our customers two delicious breakfast options to start the day off right with these two new goods.

Global Breakfast Cereal Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Source
    • Market Snippet, By Product-Type
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Breakfast Cereal Market, By Source, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Corn
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Rice
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wheat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Oats
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Barley
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Breakfast Cereal Market, By Product-Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hot
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ready- to- eat cereals
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Breakfast Cereal Market, By Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Supermarket
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Convenience Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Online
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Breakfast Cereal Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Product-Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Product-Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Product-Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Product-Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Product-Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • General Mills, Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Alara Wholefoods Ltd.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nestle SA,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Kellogg Company,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PepsiCo, Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bagrrys India Ltd.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Post Holdings, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  (Attune Foods LLC),
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • B&G Foods Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Archer Daniels Midland Company,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bob's Red Mill Natural Foods Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Breakfast Cereal market is segmented into basis of source, product type, distribution channel, and region.

Increase in consumption of probiotic food which is rich in nutritional values is major driver for probiotic market.

By region, Asia Pacific is expected to be a major market for breakfast cereal in the near future due to exploding population especially in countries like India and China.

The Key players operating in the Breakfast Cereal market include General Mills, Inc., Alara Wholefoods Ltd., Nestle SA, Kellogg Company, PepsiCo, Inc., Bagrrys India Ltd., Post Holdings, Inc., B&G Foods Inc., Archer Daniels Midland Company, and Bob's Red Mill Natural Foods Inc.