Asia Pacific Breakfast Cereal Market

Asia Pacific Breakfast Cereal Market Size, Share & Industry Trends Analysis Report By Product Type (Ready-to-Eat, and Hot Cereals), By Distribution Channel (Supermarket, Convenience Stores, Online, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19270 Publication Date: December-2023 Number of Pages: 130
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Market Report Description

The Asia Pacific Breakfast Cereal Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,031.5 kilo tonnes, showcasing a growth of 4.5% (2019-2022).

Before being consumed, hot breakfast cereals, which were initially formulated with wheat and oats, necessitate the process of heating. Breakfast cereals are easily accessible via an extensive network of distribution channels, encompassing department stores, convenience stores, supermarkets, and hypermarkets. Consequently, this phenomenon stimulates the demand for breakfast cereals about value sales. Furthermore, in the breakfast cereal market, ready-to-eat cereals are one of the emerging trends garnering significant traction.

Cereals, which include quinoa, cornflakes, and oatmeal, are breakfast cereals. Breakfast cereals constitute a substantial and ever-evolving food industry sector. Convenient cold or ready-to-eat cereals are ingested immediately after blending with fruit, yogurt, or milk. Breakfast cereals are not limited to breakfast alone. They are also consumed as snacks throughout the day. The versatility of cereals makes them suitable for various eating occasions.

As urbanization and economic development progress in many Asia Pacific countries, there has been a shift in consumer lifestyles. Busy urban lifestyles often lead to a higher demand for convenient and ready-to-eat breakfast options, including breakfast cereals. The influence of Western eating habits has led to an increased acceptance of breakfast cereals in the Asia Pacific region. Due to the aforementioned factors the market growth will drive in this region.

The China market dominated the Asia Pacific Breakfast Cereal Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,530 Million by 2030. The Japan market is registering a CAGR of 3.9% during (2023 - 2030). Additionally, The India market would experience a CAGR of 5.2% during (2023 - 2030).

Based on Product Type, the market is segmented into Ready-to-Eat, and Hot Cereals. Based on Distribution Channel, the market is segmented into Supermarket, Convenience Stores, Online, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Global Breakfast Cereal Market is Predict to reach $50.3 Billion by 2030, at a CAGR of 4%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kellogg Company, General Mills Inc., Nestle S.A., PepsiCo, Inc., Archer Daniels Midland Company, B&G Foods, Inc., Bob's Red Mill Natural Foods, Inc., Post Holdings, Inc. (Attune Foods LLC), Alara Wholefoods Ltd., Bagrrys India Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Ready-to-Eat
  • Hot Cereals

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Supermarket
  • Convenience Stores
  • Online
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Kellogg Company
  • General Mills Inc.
  • Nestle S.A.
  • PepsiCo, Inc.
  • Archer Daniels Midland Company
  • B&G Foods, Inc.
  • Bob's Red Mill Natural Foods, Inc.
  • Post Holdings, Inc. (Attune Foods LLC)
  • Alara Wholefoods Ltd.
  • Bagrrys India Ltd.
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