"The strategies covered in the first class Fortified Breakfast Cereals Market report mainly consist of new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost footprints in this market. The data and information collected to form this report is usually quite a lot and is also in a complex form which is simplified by the experts for end users. This gives more precise understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands. Fortified Breakfast Cereals Market report is a useful resource that provides current as well as upcoming technical and financial details of the Fortified Breakfast Cereals Market industry to 2030.
The precise and revolutionary information gained through the persuasive Fortified Breakfast Cereals Market report is sure to help businesses in identifying the types of consumers, consumer’s demands, their preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying taste about the specific product already available in the market. To elaborate the studies and estimations involved in this market report, a method of standard market research analysis viz SWOT analysis is put forth. To make better decisions, generate maximum revenue, and enhance business profit, Fortified Breakfast Cereals Market research report is a great key.
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The fortified cereal market is anticipated to be driven by the growing health consciousness among people in developed countries. Fortified breakfast cereal is mainly gaining momentum owing to the strong initiative of the Food and Agriculture Organization (FAO) and World Health Organization (WHO) to minimize malnutrition. According to Food and Agriculture Organization (FAO), the most common fortified foods are cereals and cereal based products. Fortified cereal provides numerous benefits. Fortified cereal is immensely consumed as numerous breakfast products.
Data Bridge Market Research analyses that the fortified breakfast cereals market is expected to reach USD 33.50 billion by 2030, which is USD 14.33 billion in 2022, registering a CAGR of 11.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Fortified Breakfast Cereals Market Scope and Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 - 2020) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | Cereal Type (Wheat, Rice, Barley, Oat, Corn, Others), Nutrients Type (Minerals, Vitamins), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others) |
| Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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) |
| Market Players Covered | General Mills Inc. (U.S.), Kellogg's Co. (U.S.), Nestlé SA (Switzerland), Bob’s Red Mill Natural Foods (U.S.), Nature's Path Foods (Canada), Hometown Food Company (U.S.), purelyelizabeth (U.S.), The Quaker Oats Company, (U.S.), BARBARA’S (U.S.), Northen Quinoa Production Corporation (Canada), LOVEGROWN INC. (U.S.), Gluten-Free Prairie (U.S.), Avena Foods, Limited, (Canada), Conagra Brands, Inc. (U.S.), The Kraft Heinz Company (U.S.), The Hain Celestial Group, Inc. (U.S.) |
| Market Opportunities |
|
Market Definition
Fortified foods are those type of food products which contain minerals and vitamins that are not normally present in them. Breakfast cereals are generally fortified with the nutrients such as vitamin B12, folic acid, iron, calcium, vitamin A, riboflavin (vitamin B2), thiamine (vitamin B1), niacin (vitamin B3), vitamin B6, vitamin D, and zinc.
Fortified Breakfast Cereals Market Dynamics
Drivers
- Growing number of convenience stores
Growing convenience stores have elevated the visibility of brand which in turn has augmented the sale of such food and is anticipated to augment the growth of the fortified breakfast cereals market. According to the Forbes in U.S., convenience store industry sales around $616.3 billion in 2017. Rapid urbanization coupled with the changing consumer fortified breakfast habits around the globe is also anticipated to augment the growth of the market.
- Growth and expansion of infant food industry
Growth and expansion of the infant food industry has increased the demand for the fortified breakfast cereal due to increasing demand for the convenient baby food, accelerating the market's growth. For instance, Nestlé launched an organic product in May 2019, within its Ceregrow brand of cereals for children above 12 months. This organic product has produced from 100% organic wheat, milk, ragi, and rice. This product is processed at the Samalkha factory in Haryana by using locally grown ingredients.
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The fortified breakfast cereals market is segmented on the basis of cereal type, nutrients type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Cereal Type
- Wheat
- Rice
- Barley
- Oat
- Corn
- Others
Nutrients Type
- Minerals
- Vitamins
Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Table of Contents for a Fortified Breakfast Cereals Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Fortified Breakfast Cereals Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Fortified Breakfast Cereals Market Overview
- Fortified Breakfast Cereals Market Trends and Insights
- Fortified Breakfast Cereals Market Overview
- Fortified Breakfast Cereals Market Definition
- Fortified Breakfast Cereals Market Segmentation
- Fortified Breakfast Cereals Market Size and Growth Rate
- Fortified Breakfast Cereals Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Fortified Breakfast Cereals Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Fortified Breakfast Cereals Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Fortified Breakfast Cereals Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-fortified-breakfast-cereals-market
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