Global Breakfast Food Market to 2030 – By Nature, Product Type, Sales Channel and Region

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DUBLIN, March 29, 2022–(BUSINESS WIRE)–The report “Breakfast Food Market by Nature, Product Type, Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030” has been added to from ResearchAndMarkets.com offer.

According to Verified Market Research, Global Breakfast Food Market was valued at USD 398,139.7 Million in 2020 and is projected to reach USD 729,526.2 Million by 2030, registering a CAGR of 6.3% from 2021 to 2030.

Breakfast food is the meal that is eaten most often early in the morning before starting the working day. Breakfast food includes oats, muesli, cornflakes and other cereals, eggs, yoghurt, RTE (ready to eat) breakfast foods and others. Some breakfast foods such as tofu, oats, plant-based dairy products including butter and yogurt, organic eggs, organic baked goods, and others are more expensive than alternative food items . Thus, high per capita income is one of the major factors promoting the sale of various breakfast food products in developed markets.

The continued expansion of online stores is expected to drive the growth of the breakfast food market, in terms of sales value, over the forecast period.

Breakfast food manufacturers are constantly focusing on bringing new products to market. For example, for example, Tio Gazpacho, a breakfast food manufacturer, has launched refrigerated ready-to-drink soups on the market which are available in different flavors, spicy spinach, avocado, smoked corn, etc. This has drawn consumer attention to chilled soup, including other breakfast foods. However, the easy availability of counterfeit breakfast foods in the market is hampering the growth of the market. Nonetheless, increasing demand for organic breakfast foods and rapid growth of the online platform are expected to provide immense opportunities for market growth over the forecast period.

The global breakfast foods market is segmented into product type, nature, sales channel and region. By product type, the market is categorized into breakfast cereals, bakery products, dairy products and others. According to the nature, it is divided into conventional and organic. According to the sales channel, it is separated into supermarket/hypermarket, specialty stores, online store and others. By region, it is analyzed in North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China , Japan, India, South Korea, Australia and New Zealand, ASEAN and Rest of Asia-Pacific) and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and others).

Key Benefits

  • This report provides a quantitative analysis of the current trends, estimates and dynamics of the global breakfast food market from 2020 to 2030 to identify existing market opportunities.

  • Key countries in four major regions are mapped based on their market share.

  • Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.

  • An in-depth market segmentation analysis helps in determining the existing market opportunities.

  • Major countries in each region are mapped according to their contribution to global industry revenue.

  • The positioning of market players facilitates benchmarking and provides a clear understanding of the current position of market players.

  • The report includes regional and global market analysis, key players, market segments, application areas and growth strategies.

Market dynamics

Drivers

  • Increase in the number of health-conscious consumers worldwide

  • Increase in disposable income

  • Increase in consumer demand for ready meals globally

Constraints

Opportunities

Key market segments

By product type

  • Breakfast cereals

  • Baked goods

  • Dairy products

  • others

By nature

By distribution channel

  • Supermarket/Hypermarket

  • Specialized shop

  • Online shop

  • Others

By region

  • North America

  • we

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Russia

  • The rest of Europe

  • Asia Pacific

  • China

  • Japan

  • India

  • Australia and New Zealand

  • South Korea

  • ASEAN

  • Rest of Asia-Pacific

  • LAMEA

  • Brazil

  • Argentina

  • Saudi Arabia

  • South Africa

  • Rest of LAMEA

Companies cited

For more information about this report visit https://www.researchandmarkets.com/r/hemw1e

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220329005598/en/

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