South America Breakfast Cereals Market – Size, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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South America Breakfast Cereals Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
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 the products which are of cereal grains which are often consumed as the first meal of the day. Breakfast cereals are of diverse types such as oat-based, high-fibre cereals, fruits, and various others which are rich in vitamins to develop healthy diet routine.

South America Breakfast Cereals Market Segments Size & Growth:

South America 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. Key factors that are driving the cereals market share is for the growing 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, evolving number of brands in the market. Moreover, less raw material supply and availability of alternative products thwart the growth of the South America breakfast cereals market.

South America Breakfast Cereals Market Segments Share:

South America 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 salad bar items. Wheat holds the largest breakfast cereal market share due to the presence of iron, magnesium, selenium it

South America 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
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, Brazil is dictating the growth of the South America breakfast cereals market leading the growth in South America in cereal market share which is mainly credited by the high usage of ready-to-eat breakfast cereals. Mainly Argentina has the high growth opportunities for breakfast cereals owing to the rise in awareness regarding the benefits of cereals to avoid chronic disorders.

South America Breakfast Cereals Market Segments Trends:

  • In February 2018, Kellogg’s has introduced a novel snacking product with two new Duoz varieties “Cheez-It Duoz” that creates real cheese flavour and texture.
  • 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

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South America 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
Nutrition Drink “for a speedy recovery from the surgeries.
  • In December 2017, Kellogg’s has launched new cereals 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.
  •  South America 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.

    • PepsiCo Inc.
    • Oetker
    • Bob’s Red Mill Natural Foods
    • Abbott Nutrition
    • Freedom Foods Group Ltd
    • Nestle S.A.
    • Kellogg’s Co.
    • General Mills, Inc.

    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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