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On The Go Breakfast Products Market

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On The Go Breakfast Products Market report is categorizes by Product (Breakfast Cereals, Dairy Based Drinks), Distribution Channels (Online Channel, Supermarkets, Hypermarkets, Convenience Stores), and Geography - Insights, Size, Share, Opportunity
On The Go Breakfast Products Market, By Product,
Distribution Channels, and Geography till 2025
The concept of on the go breakfast has been growing with increase in
availability of packaged food and beverages. Fast paced lifestyle of the
consumers have shifted their inclination towards readymade food products over
traditional counterparts. Easy availability of such products across all channels
and less time for food processing are some of the major factors driving the
demand for on the go breakfast products at present. Moreover, increasing health
awareness and changing eating habits of the consumers has augmented the
demand for on the go breakfast products. Low awareness among the consumers
in most of the emerging economies and under developed economies is currently
restraining the growth of the market. However, impact of restraints is expected
to reduce by the end of the forecast period.
North America and Europe are the dominant regions for on the go breakfast
products and are anticipated to show the same trend in the forecast period,
although the market in Europe is expected to strengthen further in the future.
Increase in demand for high nutrient content in products from consumers
residing in Europe and North America has compelled the manufacturers to
enhance the quality of on the go breakfast products, which in turn is expected to
fuel the demand for on the go breakfast products.
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Further, owing to the lucrative nature of Asia Pacific in terms of investment
opportunities, several manufacturers are looking to penetrate this region in order
to address a broader consumer base. The global on the go breakfast product
market was valued at US$ 1404.0 million in 2016 and is expected to expand at a
CAGR of 5.17% during the forecast period from 2017 – 2025.
Key Players:
Sanitarium Health and Wellbeing Company, General Mills, Alara Wholefoods
Ltd., Amy’s Kitchen, Baggry’s India Ltd., Country Choice, Kelloggs, Nature’s
Path, Nestle, Raisio, Uncle Tobys, MOMA, Weetabix, Quaker Oats Company
are some of the major players operating in the field of on the go breakfast
products.
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pallavi.reddy
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