Consumers
across the world are demanding more natural, GMO-free and organic
food products in their breakfast meals. A hectic and busy lifestyle
is one of the significant elements that is pushing consumers towards
increasing the consumption of ‘grab and go breakfast’ across the
globe. Although consumers typically prefer ready-to-eat food and
drinks in their breakfast, they are not ready to compromise with the
source of ingredients. This is one of the key reasons that the global
liquid breakfast market has been growing tremendously since last few
years. The analysts of Future Market Insights have come up with a new
report titled “Liquid
Breakfast Products Market: Global Industry Analysis 2012-2016
and Opportunity Assessment 2017-2027.” The global liquid breakfast
products market is anticipated to reach about 302,066 MT by 2017 end
and is estimated to be pegged at about 515,341 MT by the end of 2027,
registering a CAGR of 5.6%.
Key
Manufacturer Strategies to Support Huge Global Demand for Liquid
Breakfast Products
- Introduction of products with reduced sugar and no artificial flavours / added colours
- Elimination of undesirable ingredients such as artificial dyes and preservatives
- Shift towards more natural and organic ingredient sources
- Increased venture capital funding to identify upcoming brands
Acquisition
of disruptive health and wellness brands
Apart
from these strategies, manufacturers in the global liquid breakfast
products market are likely to shift their focus on untapped markets
such as India, China and Australia where consumer demand for liquid
breakfast products is on the rise.
Make
an Enquiry @
https://www.futuremarketinsights.com/reports/sample/rep-gb-4680
Global
Liquid Breakfast Products Market: Forecast by Product Type
The
global liquid breakfast products market is segmented on the basis of
product type into liquid breakfast (Milk and Cereal Based Breakfast,
Drinkable Yoghurt, Vegetable Liquid Soup, Chilled Soup) and spoonable
breakfast. The spoonable breakfast segment is expected to grab the
maximum market share – around 55% in 2017 – and is estimated to
reach a market valuation of US$ 103.2 Bn by 2027 end. Growing demand
for spoonable Greek yoghurt across the globe is expected to boost
revenue growth of the spoonable breakfast product type segment.
Global
Liquid Breakfast Products Market: Forecast by Packaging Type
The
global liquid breakfast products market is divided on the basis of
packaging type into pouches, cups and tubs, bottles, carton packaging
and cans. Cups and tubs are expected to grow 1.9x in terms of revenue
in the global liquid breakfast products market. With a 6.6% CAGR, the
cups and tubs segment is the largest segment in terms of revenue in
the global market followed by the pouches segment at 6.3% CAGR.
Increasing use of bottles as a preferred packaging option for
drinkable yoghurt and chilled soups is expected to contribute towards
segmental revenue growth, which is estimated to be about US$ 18.5 Bn
by 2017 end.
Global
Liquid Breakfast Products Market: Forecast by Distribution Channel
The
global liquid breakfast products market is segmented on the basis of
distribution channel into hypermarket/supermarket, retail stores,
convenience stores, online selling, and other retail formats.
Hypermarket/supermarket is the most attractive segment with an
incremental $ opportunity of US$ 36.9 Bn between 2016 and 2027.
Revenue from the convenience stores distribution channel segment is
expected to increase 1.7X over the forecast period.
Global
Liquid Breakfast Products Market: Regional Forecast
The
global liquid breakfast products market has been studied across the
seven key regions of North America, Latin America, Asia Pacific
Excluding Japan, Western Europe, Eastern Europe, Japan, and Middle
East & Africa. Western Europe is projected to be the most
attractive and dominant regional market in the global liquid
breakfast products market during the forecast period, accounting for
a revenue share of 26.8% by 2027 end. The market for liquid breakfast
products in APEJ is expected to generate a revenue of US$ 45.3 Bn by
the end of 2027 with a CAGR of 6.2% during the forecast period.
Global
Liquid Breakfast Market: Key Vendors
More
than 15 key players and their performance in the global liquid
breakfast products market have been featured in this report.
Companies profiled include Sanitarium Health & Wellbeing, Danone,
The Hain Daniels Group Limited, Campbell Soup Company, Tio Gazpacho
LLC, Soupologie Limited, Kellogg Co., MOMA Foods, Weetabix Ltd.,
Nestle S.A., General Mills Inc., Quaker Oats Company, Müller UK &
Ireland, Chobani, LLC, The Kraft Heinz Company, and The Billington
Group.
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