USD 5.01 bn Growth in RTE Breakfast Cereal Market | Increasing Demand for Ready-to-eat Breakfast Cereals to Drive Growth | Technavio
NEW YORK, Nov. 23, 2021 /PRNewswire/ -- The RTE breakfast cereal market size is expected to increase by USD 5.01 bn from 2020 to 2025, registering a CAGR of 5.47%. Technavio's market forecast reports help businesses make informed business decisions based on qualitative and quantitative evidence. The RTE breakfast cereal market is segmented by distribution channel (offline and online) and geography (North America, Europe, APAC, MEA, and South America).
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The RTE breakfast cereal market report provides a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges impacting the market size. The increasing demand for ready-to-eat breakfast cereals is one of the major factors driving the growth of the market.
The RTE breakfast cereal market covers the following areas:
RTE Breakfast Cereal Market Sizing
RTE Breakfast Cereal Market Forecast
RTE Breakfast Cereal Market Analysis
Geographic Landscape
The RTE breakfast cereal market has been segmented into five regions, namely North America, Europe, APAC, MEA, and South America. Technavio provides a thorough analysis of the geographical composition of the market, as well as competitive intelligence and regional opportunities for vendors. Based on our research, North America will dominate the market, accounting for 36% of the market's growth, during the forecast period. The US and Canada are the key countries for the RTE breakfast cereal market in the region. North America has been registering a significant growth rate. Hence, it is expected to offer various growth opportunities to market vendors during the forecast period. The increasing awareness concerning the importance of healthy breakfast will drive the RTE breakfast cereal market growth in North America.
Some Companies Mentioned
Alara Wholefoods Ltd.
Avees Products India
Bobs Red Mill Natural Foods Inc.
Food For Life Baking Co. Inc.
General Mills Inc.
Kellogg Co.
Nestle SA
Orkla ASA
PepsiCo Inc.
Post Holdings Inc.
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RTE Breakfast Cereal Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 5.47% |
Market growth 2021-2025 | USD 5.01 billion |
Market structure | Fragmented |
YoY growth (%) | 5.33 |
Regional analysis | North America, Europe, APAC, MEA, and South America |
Performing market contribution | North America at 36% |
Key consumer countries | US, China, Japan, Germany, and Canada |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Alara Wholefoods Ltd., Avees Products India, Bobs Red Mill Natural Foods Inc., Food For Life Baking Co. Inc., General Mills Inc., Kellogg Co., Nestle SA, Orkla ASA, PepsiCo Inc., and Post Holdings Inc. |
Market Dynamics | Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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