DUBLIN, October 4, 2017 /PRNewswire/ --
The "Global Breakfast Cereals Market 2017-2021" report has been added to Research and Markets' offering.
The report forecasts the global breakfast cereals market to grow at a CAGR of 0.63% during the period 2017-2021.
The report, Global Breakfast Cereals Market 2017-2021, 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.
The latest trend gaining momentum in the market is the shift toward organic breakfast cereals. The increasing preferences of consumers toward natural and organic breakfast cereals are expected to sustain the growth of the global breakfast cereal market during the forecast period. Consumers are increasingly purchasing breakfast products that are healthy and environment-friendly. They are trying to curb their intake of foods that contain chemical pesticides and fertilizers.
According to the report, one of the major drivers for this market is premiumization. The premiumization of breakfast cereal products is one of the major factor driving the market growth. The improving economic situations in countries and the increasing purchase power of consumers is creating an increase in demand for premium products. In the Middle East and Africa, by 2018, the food expenditure per household is expected to hit $2,000. The Southeast Asian markets are witnessing a rise in the demand for premium breakfast cereals.
Further, the report states that one of the major factors hindering the growth of this market is the high raw material procurement cost. In recent years, the wide gap between demand and supply has increased raw material costs substantially. Any increase in the price of raw materials, such as wheat; corn; fruits; almonds; and cashew nuts increases the manufacturing cost and leads to reduced profit margins for vendors. The raw material procurement cost to produce breakfast cereals is high. The decentralized supply scenario acts as a challenging factor for the global breakfast cereal market.
- General Mills
- Post Holdings
Other prominent vendors
- Back to Nature Foods Company
- Bob's Red Mill Natural Foods
- Carman's Fine Foods
- Cereal Partners Worldwide (CPW)
- Family Cereal
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product Type
Part 07: Market Segmentation By Distribution Channel
Part 08: Geographical Segmentation
Part 09: Key Leading Countries
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Competitor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/3r9x3t/global_breakfast
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