Breakfast food market size is to grow by USD 125 billion from 2022 to 2027|Frequent breakfast product launches drive the market - Technavio

NEW YORK, July 26, 2023 /PRNewswire/ -- The breakfast food market size is expected to grow by USD 125 billion from 2022 to 2027, according to Technavio. As per the latest report, the market will progress at a CAGR of 5.31% during the forecast period.  The frequent breakfast product launches are notably driving the market growth. The global breakfast food market has a fragmented structure, with various domestic and international vendors offering different types of breakfast products. These vendors are continuously launching new products and expanding their offerings to attract more consumers and increase market visibility. For example, in October 2022, Quaker Oats Company Brands, Inc. introduced a new product, Quaker Oats Muesli, to enter the ready-to-eat cereal segment. The increasing number of product launches is expected to drive market growth during the forecast period. View the new Sample Report within minutes!

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our breakfast food market report covers the following areas:

• Breakfast Food Market size
• Breakfast Food Market Trends
• Breakfast Food Market industry analysis
• Breakfast Food Market five forces analysis
• Breakfast Food Market competitive landscape

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Nestle SA, General Mills Inc., Kellogg Co., PepsiCo Inc., The Kraft Heinz Co., Del Monte Foods Inc., Unilever PLC, ITC Ltd., pladis Foods Ltd., Dr. August Oetker Nahrungsmittel KG, Conagra Brands Inc., The Hain Celestial Group Inc., Happy Egg Co. USA., Hormel Foods Corp., Versova, Aussee Oats Milling Pvt Ltd, Hildur Functional Foods Pvt. Ltd., Campbell Soup Co., Starbucks Corp., and Mars Inc. are some of the major market participants. Although the Frequent breakfast product launches will offer immense growth opportunities, Fluctuations in food prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Plant-based foods gaining traction is an emerging trend shaping market growth. In recent years, there has been a significant rise in the demand for plant-based breakfast foods due to factors such as the growing popularity of plant-based diets, increased awareness of the environmental impact of animal agriculture, and a desire for healthier eating habits. This trend is expected to continue as more people adopt plant-based diets or incorporate more plant-based options into their meals. Food companies are responding to this demand by offering a wider range of plant-based breakfast options to cater to diverse dietary preferences and lifestyles. As a result, the increased consumption of plant-based breakfast foods is expected to positively impact the growth of the market in focus during the forecast period.

• Distribution Channel 
• Offline
• Online
• Geography 
• North America
• Europe
• APAC
• Middle East And Africa
• South America

The offline distribution channel generated higher revenues for the global breakfast foods market in 2022. Different offline sales channels like supermarkets, convenience stores, and local grocery stores are easily accessible and convenient for purchasing food products. Consumers trust physical stores more than online stores as they can see and inspect the products before buying. These offline channels often offer promotions and discounts that attract customers and increase the popularity of specific food products. Vendors in the market are also focusing on collaborating with retailers to expand their product presence and geographical reach, which can further boost sales and popularity of breakfast foods in offline channels. For instance, vendors are collaborating with large retail outlets like Walmart Inc., Costco Wholesale Corp., and Kroger Co. The wide presence and popularity of these stores are expected to drive the adoption of breakfast foods during the forecast period.

The fluctuation in food prices is a significant challenge impeding market growth. The recent pandemic has caused significant impacts, including disruptions in global supply chains, which have negatively affected the production, distribution, and availability of food. Lockdown measures, labour shortages, and border restrictions have led to logistical challenges, reduced agricultural output, and increased transportation costs, contributing to higher food prices. Food prices also fluctuate due to sudden changes in socio-political and economic conditions, such as the Russia-Ukraine war. The fluctuation of grain prices year-over-year (y-o-y) poses a challenge to the growth of the market in focus. These factors are expected to hinder the growth of the global breakfast food market during the forecast period.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

We provide a detailed analysis of around 25 vendors operating in the Breakfast Food Market, including some of the vendors as vendors Backed with competitive intelligence and benchmarking, our research reports on the Breakfast Food Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Vendors Offerings

• PepsiCo Inc. - The company offers breakfast foods such as fruits and yoghurt.
• Kraft Heinz Co. - The company offers breakfast foods such as pancakes.
• Kellogg Co. - The company offers breakfast foods under the brand Healthy Choice.

Breakfast Food Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist breakfast food market growth during the next five years
• Estimation of the breakfast food market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behaviour
• The growth of the breakfast food market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of breakfast food market vendors

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Table Of Contents :

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global breakfast food market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global breakfast food market 2017 - 2021 ($ billion)

• 4.2 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)

• 4.3 Product Type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Product Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027
• Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027
• Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• Exhibit 42: Market opportunity by Distribution Channel ($ billion)
• Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product Type

• 7.1 Market segments 
• Exhibit 44: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Product Type - Market share 2022-2027 (%)

• 7.2 Comparison by Product Type 
• Exhibit 46: Chart on Comparison by Product Type
• Exhibit 47: Data Table on Comparison by Product Type

• 7.3 Bakery products - Market size and forecast 2022-2027
• Exhibit 48: Chart on Bakery products - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Bakery products - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Bakery products - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Bakery products - Year-over-year growth 2022-2027 (%)

• 7.4 Ready meals - Market size and forecast 2022-2027
• Exhibit 52: Chart on Ready meals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Ready meals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Ready meals - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Ready meals - Year-over-year growth 2022-2027 (%)

• 7.5 Cereals - Market size and forecast 2022-2027
• Exhibit 56: Chart on Cereals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Cereals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Cereals - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Cereals - Year-over-year growth 2022-2027 (%)

• 7.6 Snack bars - Market size and forecast 2022-2027
• Exhibit 60: Chart on Snack bars - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Snack bars - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Snack bars - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Snack bars - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027
• Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Product Type 
• Exhibit 68: Market opportunity by Product Type ($ billion)
• Exhibit 69: Data Table on Market opportunity by Product Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027
• Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ billion)
• Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Conagra Brands Inc. 
• Exhibit 123: Conagra Brands Inc. - Overview
• Exhibit 124: Conagra Brands Inc. - Business segments
• Exhibit 125: Conagra Brands Inc. - Key news
• Exhibit 126: Conagra Brands Inc. - Key offerings
• Exhibit 127: Conagra Brands Inc. - Segment focus

• 12.4 Del Monte Foods Inc. 
• Exhibit 128: Del Monte Foods Inc. - Overview
• Exhibit 129: Del Monte Foods Inc. - Product / Service
• Exhibit 130: Del Monte Foods Inc. - Key offerings

• 12.5 Dr. August Oetker Nahrungsmittel KG
• Exhibit 131: Dr. August Oetker Nahrungsmittel KG - Overview
• Exhibit 132: Dr. August Oetker Nahrungsmittel KG - Product / Service
• Exhibit 133: Dr. August Oetker Nahrungsmittel KG - Key offerings

• 12.6 General Mills Inc. 
• Exhibit 134: General Mills Inc. - Overview
• Exhibit 135: General Mills Inc. - Business segments
• Exhibit 136: General Mills Inc. - Key news
• Exhibit 137: General Mills Inc. - Key offerings
• Exhibit 138: General Mills Inc. - Segment focus

• 12.7 Happy Egg Co. USA. 
• Exhibit 139: Happy Egg Co. USA. - Overview
• Exhibit 140: Happy Egg Co. USA. - Product / Service
• Exhibit 141: Happy Egg Co. USA. - Key offerings

• 12.8 Hormel Foods Corp. 
• Exhibit 142: Hormel Foods Corp. - Overview
• Exhibit 143: Hormel Foods Corp. - Business segments
• Exhibit 144: Hormel Foods Corp. - Key news
• Exhibit 145: Hormel Foods Corp. - Key offerings
• Exhibit 146: Hormel Foods Corp. - Segment focus

• 12.9 ITC Ltd. 
• Exhibit 147: ITC Ltd. - Overview
• Exhibit 148: ITC Ltd. - Business segments
• Exhibit 149: ITC Ltd. - Key offerings
• Exhibit 150: ITC Ltd. - Segment focus

• 12.10 Kellogg Co. 
• Exhibit 151: Kellogg Co. - Overview
• Exhibit 152: Kellogg Co. - Business segments
• Exhibit 153: Kellogg Co. - Key news
• Exhibit 154: Kellogg Co. - Key offerings
• Exhibit 155: Kellogg Co. - Segment focus

• 12.11 Nestle SA 
• Exhibit 156: Nestle SA - Overview
• Exhibit 157: Nestle SA - Business segments
• Exhibit 158: Nestle SA - Key news
• Exhibit 159: Nestle SA - Key offerings
• Exhibit 160: Nestle SA - Segment focus

• 12.12 PepsiCo Inc. 
• Exhibit 161: PepsiCo Inc. - Overview
• Exhibit 162: PepsiCo Inc. - Business segments
• Exhibit 163: PepsiCo Inc. - Key news
• Exhibit 164: PepsiCo Inc. - Key offerings
• Exhibit 165: PepsiCo Inc. - Segment focus

• 12.13 pladis Foods Ltd. 
• Exhibit 166: pladis Foods Ltd. - Overview
• Exhibit 167: pladis Foods Ltd. - Product / Service
• Exhibit 168: pladis Foods Ltd. - Key offerings

• 12.14 The Hain Celestial Group Inc. 
• Exhibit 169: The Hain Celestial Group Inc. - Overview
• Exhibit 170: The Hain Celestial Group Inc. - Business segments
• Exhibit 171: The Hain Celestial Group Inc. - Key news
• Exhibit 172: The Hain Celestial Group Inc. - Key offerings
• Exhibit 173: The Hain Celestial Group Inc. - Segment focus

• 12.15 The Kraft Heinz Co. 
• Exhibit 174: The Kraft Heinz Co. - Overview
• Exhibit 175: The Kraft Heinz Co. - Business segments
• Exhibit 176: The Kraft Heinz Co. - Key offerings
• Exhibit 177: The Kraft Heinz Co. - Segment focus

• 12.16 Unilever PLC 
• Exhibit 178: Unilever PLC - Overview
• Exhibit 179: Unilever PLC - Business segments
• Exhibit 180: Unilever PLC - Key news
• Exhibit 181: Unilever PLC - Key offerings
• Exhibit 182: Unilever PLC - Segment focus

• 12.17 Versova 
• Exhibit 183: Versova - Overview
• Exhibit 184: Versova - Product / Service
• Exhibit 185: Versova - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 186: Inclusions checklist
• Exhibit 187: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 188: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 189: Research methodology
• Exhibit 190: Validation techniques employed for market sizing
• Exhibit 191: Information sources

• 13.5 List of abbreviations 
• Exhibit 192: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: [email protected]
Website: www.technavio.com

SOURCE Technavio