Global Fortified Breakfast Cereals Market, By Cereal Type (Wheat, Rice, Barley, Oat, Corn, Others), Nutrients Type (Minerals, Vitamins), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Fortified Breakfast Cereals Market
The fortified breakfast cereals market is expected to witness market growth at a rate of 3.8% in the forecast period of 2021 to 2028. Data Bridge Market Research report on fortified breakfast cereals market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth in awareness globally is escalating the growth of fortified breakfast cereals market.
Fortified foods refer to the type of food products that consist of vitamins and minerals that are not generally present in them. As the same size serving of an unfortified wheat cereal tends to meet only 10.0% of the DV, much of breakfast cereals' iron content that may be because of fortification. Breakfast cereals are commonly fortified with the nutrients such as thiamine (vitamin B1), niacin (vitamin B3), vitamin B12, folic acid, iron, calcium, vitamin A, riboflavin (vitamin B2), vitamin B6, vitamin D, and zinc.
The increase in the health consciousness across the globe acts as one of the major factors driving the growth of fortified breakfast cereals market. The shift from eating out to cooking at home as consumers seek healthier, safe, and convenient food options and high adoption of the fortified breakfast cereals among consumers for their regular diet accelerate the market growth. The increase in demand for fortified breakfast cereals owning to various health benefits, such as lower risk of birth defect, improving nutrition intake, and many others, and rise in trend for convenience food products due to the busy lifestyle of consumers further influence the market. Additionally, surge in spending on food, mandates on food fortification by government organizations, rise in disposable income and media influence on consumer positively affect the fortified breakfast cereals market. Furthermore, increase in demand for innovative breakfast products extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, high cost associated with the processing costs and fluctuating prices of raw materials are expected to obstruct the market growth. Lack of consistency in regulations pertaining to various ingredients is projected to challenge the fortified breakfast cereals market in the forecast period of 2021 to 2028.
This fortified breakfast cereals market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fortified breakfast cereals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fortified Breakfast Cereals Market Scope and Market Size
The fortified breakfast cereals market is segmented on the basis of cereal type, nutrient type and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of cereal type, the fortified breakfast cereals market is segmented into wheat, rice, barley, oat, corn and others.
- On the basis of nutrients type, the fortified breakfast cereals market is segmented into minerals and vitamins.
- On the basis of distribution channel, the fortified breakfast cereals market is segmented into supermarkets and hypermarkets, convenience stores, online stores and others.
Fortified Breakfast Cereals Market Country Level Analysis
The fortified breakfast cereals market is analyzed and market size, volume information is provided by country, cereal type, nutrient type and distribution channel as referenced above.
The countries covered in the global fortified breakfast cereals market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the fortified breakfast cereals market because of the high consumption of breakfast cereals within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the change in breakfast cereals consumption pattern and inclination towards healthier products within the region.
The country section of the fortified breakfast cereals market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fortified Breakfast Cereals Market Share Analysis
The fortified breakfast cereals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fortified breakfast cereals market.
The major players covered in the fortified breakfast cereals market report are POST HOLDINGS, INC., WEETABIX, Bagrry India Pvt. Ltd., General Mills Inc., PepsiCo, 8th Avenue Food & Provisions., Marico, Kellogg's Company, Nestlé, B&G Foods, Inc., Back to Nature Foods Company, LLC., Bob’s Red Mill Natural Foods, Carman's Fine Foods Pty Ltd., Alara Wholefoods Ltd, Family Cereal Sdn. Bhd., McKee Foods, Nature's Path Foods., Jordans Dorset Ryvita, TreeHouse Foods, Inc, and Dorset Cereals, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Fortified Breakfast Cereals Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.