“The global baked cereal market is segmented by product type, distribution channel, and geography. Baked cereal snacks segment is expected to witness promising growth because of the rising popularity of convenient, on-the-go snacks. Baked cereal snacks attract a wide consumer base as they are enjoyed by kids and millennials alike. The introduction of various innovative offerings with new flavors and fillings is expected to fuel the market growth. For instance, in January 2018, Kellogg’s India launched Kellogg’s Choco Fills, a baked product made with rice, oats and wheat. The product is cholesterol-free, provides protein and fibre and is fortified with essential B vitamins.”
In recent years, consumer dietary preferences have significantly evolved. The snacking trend is gaining popularity due to the modern day hectic lifestyle of consumers. The trend of healthy snacking is emerging across the globe owing to the rising awareness of health disorders such as diabetes, obesity and cardiovascular diseases. Cereal based snacks is an emerging type in the healthy snacking space. Baked cereal is perceived to be a healthier option for on-the-go and convenient snacking. The growing demand for healthier and convenient cereal-based snacks is driving its global market.
Get Sample PDF Brochure with Impact of COVID19:
Increasing innovations by manufacturers to develop new flavors and healthy variants of baked cereal products is fuelling the growth of the market. The utilization of innovative fillings such as chocolate and fruit creams are expected to attract a wider consumer base in foreseeable years. The growing demand for organic and clean-label products, especially in developed countries will contribute to further innovations and new product developments in the industry. The increasing partnerships and collaborations between leading players for product development are expected to drive the growth of the market.
Why Choose Fortune Business Insights?
What are the key demands and trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
Top Key Players of Baked Cereal Market:-
- Kellogg’s, Nestle S.A.,
- General Mills,
- Post Consumer Brands,
- Kashi Organic,
- Kameda Seika Co. Ltd.,
- Associated British Foods Plc,
- The Quaker Oats Company
- The Hain Celestial Group
The Global Baked Cereal Market Report contains Industry revenue, share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.
This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.
Inquire Before Buying This Research Report:
In recent years, there has been a significant shift in consumer dietary preferences. Globalization, growing millennial population, and hectic lifestyle are some of the factors driving the demand for on-the-go healthy snack foods such as baked cereals. The growing awareness of adverse health effects of oily, fried products is responsible for driving the growth of the global baked cereal market. The increasing innovation and product development activities by key players are further boosting the growth of the market. For example, in February 2019, Kashi Organic Foods (U.S.) expanded its ‘Kashi by Kids’ line by launching three kids cereals. The soft-baked snack bites are made with a base combination of coconut flour, chickpeas, acai, and sweet potato.
Key COVID-19: Shutdown of Restaurants & Cafes May Hinder Growth
The outbreak of the COVID-19 pandemic worldwide has taken a toll on the Baked Cereal Industry. Almost every offline food chain, such as cafeterias and restaurants are shut down completely in various countries. But, online food delivery services are still under operation. In addition to this, companies manufacturing packaged food and beverages are exhibiting a high rate of sales because of their possession of certain beneficial properties. These products have long shelf-lives and hence consumers are stocking up their pantries, fearing the lockdown.
What Does This Report Include?
Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Baked Cereal market Share, growth drivers, obstacles, challenges, and opportunities.
Key Industry Developments:-
- In January 2020, Post Foods Canada partnered with Tim Hortons to launch Timbits, baked and flavoured breakfast cereals. The product is available in two flavours, chocolate glaze and birthday cake.
- In January 2018 Mondelez partnered with Post Holdings cereal division to launch several baked cereal based breakfast and snacks using flavours of its long established brands including Honey Maid, Nutter Butter and Chips Ahoy.
Browse Detailed Summary of Research Report With TOC:
Report Analysis and Objectives:-
- Detailed information about drivers, opportunities, and restraints of the Baked Cereal market analysis.
- To analyse the Baked Cereal Market concerning growth trends, demand, growth prospects in the entire sector.
- Worldwide Baked Cereal Industry manufacturing companies, product sales, market share, size, landscape, SWOT analysis and development plans.
- The report evaluates the market share for each application, segment, region and estimates their growth during the forecast period.
Have a Look at Related News:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the Industry Size they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and Market Industry-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune – 411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]