Exploring the US$ 65.1 Billion Breakfast Cereal Market’s 4.4% by 2032, Unveiling Global Trends in Gluten-Free Choices, Hot Cereals
The global breakfast cereal market is set to witness growth at a CAGR of 4.4% and is anticipated to reach a valuation of around US$ 65.1 Billion by 2032.
Cereal is commonly consumed as a filler and snack in between meals because it is a healthier alternative to a cooked breakfast. In Europe and North America, ready-to-eat cereals like muesli and cornflakes are popular choices for breakfast due to the increased demand for gluten-free products.Sales of hot cereal are expected to rise within the anticipated time frame. Multigrain cereals, which combine grains, legumes, and seeds, are becoming more and more popular as a result of consumers’ growing need for nutrient-dense breakfast options.Discover Trends, Flavours, and Nutrient-Dense Options as You Investigate the Future of the Breakfast Cereal Market: Download a Sample of the Report :https://www.futuremarketinsights.com/reports/sample/rep-gb-15075The demand for hot cereals is being driven by growing knowledge of the health benefits of whole grain and organic cereals. In addition, it is anticipated that the addition of unique flavours to products would increase demand because they will produce novel tastes.Breakfast cereal consumption is highest in North America, where both ready-to-eat and hot cereals are highly preferred. International players are establishing their distribution networks in nations like India, Japan, and China, and East Asia and South Asia are following suit.“Surging demand for organic ingredients in packaged food products, along with the introduction of fortified cereals and health-benefit based cereals will create opportunities for growth in the market,” says an FMI analyst.Key Takeaways: