Middle East and Africa Breakfast Cereals Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Breakfast cereals are regularly taken as the first meal of the day. Breakfast cereals are like oat-based, high-fibre cereals, and the combination of milk which is rich in vitamins to maintain healthy diet routine. Cereals have been immense fame in developing economies, as customers are increasingly taking packaged food products, healthier food choices over normal food for breakfast.
The Middle East & Africa Breakfast Cereals Market Segments Size & Growth:
The Middle East & Africa, breakfast cereals market, is accounted for $XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the cereals market share is because of the growth increased demand for hot cereals breakfast rise in taste preferences of the customers, due to busy lifestyles consumers are avoiding old sit-down breakfast and going for instant breakfast items. Likewise, less raw material supply and availability of alternative products thwart the growth of the Middle East & Africa breakfast cereals market.
The Middle East & Africa Breakfast Cereals Market Segments Share:
The Middle East & Africa Breakfast Cereals market is characterised into by type which consists of hot cereals and ready-to-eat cereals. RTE has the largest market especially in developing nations because of the minimal preparation time, increase demand for packaged cereals. By ingredient type, it is classified by wheat, corn, barley, rice and some others. Ready to eat food product are cooked hamburger patty, glazed doughnut, lettuce, all
Middle East and Africa Breakfast Cereals Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
salad bar items. Wheat holds the largest breakfast cereal market share due to the presence of iron, magnesium, selenium it depends on soil content, calcium, and vitamin E, high in potassium content, low fat and high carbohydrates. Wheat breakfast cereals have some products which include cakes, biscuits, cereal bars, snack food, pastries, sauces, cracker and some others. The convenience store has a substantial growth due to increase in working women and rises in preference for convenience foods because of urbanisation everyday products like snack food, frozen cereals, sweet corns and others can be easily available in this small retail stores. A convenience store is a minor trader that stocks a range of ordinary products like snacks, grocery items, frozen foods, tobacco products, newspapers, and some others.
By Geography, South Africa is dictating the growth of the Middle East & Africa Breakfast Cereals market leading the growth in North America in cereal market share which is mainly attributed by the high usage of ready-to-eat breakfast cereals. Primarily the Middle East has the high growth opportunities for breakfast cereals owing to the rise in working individuals.
The Middle East & Africa Breakfast Cereals Market Segments Trends:
- In March 2018, Cascadian Farm subsidiary of General Mills has invested in soil health research on organic oat farms to help advance environmental and efficient outcomes.
- In April 2017, Abbott Nutrition has launched two new science-based drinks “Ensure Surgery Immunonutrition Shake” and “Ensure Pre-Surgery Clear Nutrition Drink “for a
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Middle East and Africa Breakfast Cereals Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
speedy recovery from the surgeries.
In December 2017, Kellogg’s has launched a new cereal made up of probiotics “Special K Nourish” to have rich iron and vitamins food as breakfast.
In September 2016, Attune Foods, LLC has introduced unique flavours for granola, cereals, and snacks in Natural products Expo East trade show.
The Middle East & Africa Breakfast Cereals Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Oetker
- Abbott Nutrition
- PepsiCo Inc.
- Attune Foods, LLC
- General Mills, Inc.
- Carman’s Fine Foods Pty Ltd
- Nestle S.A.
- Freedom Foods Group Ltd
Along with these companies, there were many other companies considered/cited in the report while analysing the breakfast cereals market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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