November 25, 2019
According to research report titled ‘Global Breakfast Cereals Market (Volume, Value) Analysis By Type (RTE, Hot), Sales Channel (Online, Offline), Ingredient (Rice, Wheat, Corn, Others), Market Share, By Region, By Country (2018 Edition): Forecast to 2023’ available with Market Study Report LLC, the global breakfast cereals market is expected to grow with a CAGR of 3.01% during the period of 2018-2023.
Increasing preference for breakfast cereals, coupled with growing number of convenience stores across the emerging countries are the key factors driving the growth of breakfast cereals market. Further expansion can be attributed to increasing brand visibility, along with budding adoption of western culture, and escalating working population. Growing popularity of private label products, evolving lifestyles, and rising urban population are augmenting the demand for breakfast cereals across the globe.
As per product type, the global breakfast cereal market is divided into hot and RTE. Whereas, in terms of distribution channel, the market is categorized as offline and online. Based on ingredients, the industry is divided into wheat, rice, corn, and others.
Considering the geographical landscape, the global breakfast cereals market is divided into regions namely, Europe, North America, and Asia-Pacific, with key focus on countries like Canada, US, Germany, UK, Spain, Japan, India, and China.
The key players in the global breakfast cereals market are Kellogg Company, PepsiCo, General Mills, GlaxoSmithKline, Post Consumer Brands, and Mornflake.
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The research report on global breakfast cereals market is focused on product portfolio and analyzes market development strategies which facilitate entrepreneurs to evaluate their investments thoroughly. The competitive landscape of the market is based on product benchmarking, Porter’s Five Force analysis, and SWOT analysis methods.
Notably, the research examines the potential growth opportunities in breakfast cereals market. It also provides crucial statistics on revenue shares for each segment. It aims to offer top-notch business information and help investors to evaluate their investments thoroughly.
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