Global Breakfast Cereals Market to be Driven by Increasing Consumer Preference for Western Food Habits

Global Breakfast Cereals Market to be Driven by Increasing Consumer Preference for Western Food Habits

  • Submitted By: amyjames
  • Date Submitted: 01/28/2016 9:20 PM
  • Category: Business
  • Words: 1360
  • Page: 6

Transparency Market
Research

Breakfast Cereals Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 – 2019

Published Date
14-02-2014

117 Page Report

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Press Release
Global Breakfast Cereals Market to be Driven by Increasing Consumer
Preference for Western Food Habits

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Breakfast Cereals Market

REPORT DESCRIPTION

A new market research report has been recently published by Transparency Market Research, a global
market intelligence firm. The research report, titled “Breakfast Cereals Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2013 - 2019”, provides an in-depth analysis of the global
breakfast cereals market based on the market overview, product segmentation, market drivers and
restraints, opportunities and challenges, market trends, geographical segmentation, and competitive
landscape.According to the research study, in 2012, the global breakfast cereals market was worth
US$32.5 bn and is estimated to reach a value of US$43.2 bn by the end of 2019, exhibiting a progressive
4.10% CAGR from 2013 to 2019.
The major factor responsible for the rapid growth of the global market for breakfast cereals is the growing
requirement for convenience foods due to the busy and hectic lifestyles of a growing part of the global
population. Moreover, the growing number of convenience stores and the growing preference for Western
food habits in most of the developing countries in Asia Pacific is estimated to propel the global breakfast
cereals market. In addition, the increasing per capita income of the population is further expected to fuel
the market in the forecast period. However, the rising trend of preferring varied alternatives such as fruits,
eggs, and other quick snacks...

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