An overview of the “Global Cereal Flakes Market” the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
Global Cereal Flakes Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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The Cereal Flakes are made with different types of whole-grain such as maize, wheat, barley, rice, and oats. The making of cereal flakes involves different steps such as preprocessing, mixing, cooking, delumping, drying, cooling, and tempering, flaking, toasting, and packaging among others. The growing demand for convenience food products and rising concerns towards a healthy lifestyle as well as recent product innovations from leading market players are factors that are accelerating the global market demand.
For instance, as of 2022, revenue of worldwide Convenience Food market is estimated at USD 56.22 billion, and this amount is projected to grow annually by 10.17% between 2022 and 2027 to reach to USD 91.24 billion by end of 2027. Furthermore, in April 2021, Kellog Co. introduced its first of its kind dipped cereal in the United States. The company unveiled Special K Dipped Chocolatey Almond Cereal. The new multigrain flakes are made with whole grain wheat and rice dipped in a chocolatey shell, cocoa-dusted flakes, and sliced almonds. Also, growing demand for ready to eat products and rising adoption of online food services platforms are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile cost of raw materials and diabetic population impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Cereal Flakes Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of organic food products and rising prevalence of obesity in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing adoption of ready to eat food products and increasing penetration of online food services platforms in the region, would create lucrative growth prospects for the Cereal Flakes Market across the Asia Pacific region.
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Major market players included in this report are:
- Belourthe s.a.
- H. & J. BRUGGEN KG
- Buhler Group
- Cereal Food Manufacturing
- Shanti Food Chem Private Limited
- CLEXTRAL
- The Kellogg Company
- Maselis NV
- Multiflakes company
- Shree Lakshminarasimha Agro Foods
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product
Conventional Cereal Flakes
Ready-to-eat Cereal Flakes
Type
Wheat
Maize
Barley
Oats
Rice
Others
By Distribution Channel
Supermarket
Convenience Store
Online Store
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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