A
new report has been published by Transparency Market Research, titled
“Breakfast Cereals Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019”. TMR, a market
intelligence company based in the U.S., states that the global
breakfast cereals market was estimated at US$32.5 billion in 2012 and
is expected to reach US$43.2 billion by 2019, expanding at a CAGR of
4.1% between 2013 and 2019.The major reason for the growth of the
breakfast cereals market is the need for convenience foods owing to
the hectic lifestyle of the middle-class society. Additionally, the
rise in the number of convenience stores and the inclination towards
Western food habits in developing Asian countries is expected to
boost the market for breakfast cereals. Furthermore, the rising per
capita income of people in developing countries will fuel the market
in the forthcoming future. On the other hand, the key factor
hampering the growth of the market is the rising trend of consumers
opting for numerous alternatives such as eggs, fruits, and other
quick snacks.
Browse
full Breakfast
Cereals Market
report
at:http://www.transparencymarketresearch.com/breakfast-cereals-industry.html
This
market research report segments the breakfast cereals market on the
basis of product type and region:On the basis of types, breakfast
cereals can be segmented into ready-to-eat cereals and hot cereals.
Amongst these, in 2012, the ready-to-eat cereals segment was
estimated at US$27.8 billion. The preparation time in the
ready-to-eat cereals is almost nil, while on the other hand, hot
cereals require time to get cooked before they can be consumed.
Ready-to-eat cereals are thus more popular in European and North
American countries owing to the busy and hectic lifestyles of people
in these regions. Thus, ready-to-eat meals accounted for a share of
over 85% in the total market for breakfast cereals.
Nonetheless,
the demand for hot cereals is predicted to expand by 2019 owing to
the rapidly growing utilization of these cereals in Asian countries.
Hence, by 2019, on the basis of volume, the market share of hot
cereals is anticipated to grow to approximately 18%.On the basis of
geography, the breakfast cereals market is segmented into North
America, Europe, Asia Pacific, and Rest of the World. Amongst these
regional markets, Asia Pacific is predicted to expand swiftly in
comparison to Europe and North America. This region is predicted to
gain a share of approximately 13% in the market for breakfast
cereals.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1802
On
the other hand, the share of both Europe and North America is
predicted to drop during the forecast horizon. The key countries
covered in the report are the U.S, Mexico, Canada, France, Germany,
Turkey, Italy, Spain, the U.K., India, China, Japan, Australia, South
Korea, and Brazil. Among these countries, the breakfast cereals
market in China is small but is expected to expand at a swifter rate
in comparison to all other countries. The key companies prevalent in
the global market for breakfast cereals include Post Holdings,
Kellogg Co., Cereal Partners Worldwide, General Mills, and PepsiCo
etc.
The
global breakfast cereals market is segmented as follows:
Breakfast
cereals market, by type
- Ready to Eat Cereals
- Hot Cereals
Breakfast
cereals market, by geography
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/breakfast-cereals-industry.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Atil Chaudhari
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
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