Breakfast Cereal Market

Breakfast cereal market: read the latest statistics enhanced by an Ai-driven market research tool. Facts and figures contain production, companies, imports, trade, market prices, consumption, exports, and market size. There is a split by country, including the U.S., Africa, China, EU, Russia, Latin America, the U.K., and the Middle East. Market insights and outlook to 2030 are also provided in the snapshots.

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Breakfast Cereal - World's Largest Markets

In value terms, the largest breakfast cereal markets worldwide were the United States, China and India, with a combined 38% share of the global market. Brazil, the UK, Indonesia, Japan, Mexico, Pakistan, Nigeria, Bangladesh and Iran lagged somewhat behind, together comprising a further 22%.

Among the main consuming countries, Mexico recorded the highest growth rate of market size, over the period under review, while breakfast cereal market for the other global leaders experienced more modest paces of growth.

Breakfast Cereal Prices

Breakfast Cereal - Top Importers

In value terms, the United States ($696M), Canada ($529M) and Germany ($462M) were the countries with the highest levels of imports in 2020, with a combined 24% share of global imports. France, the UK, the Netherlands, Belgium, Italy, Spain, China, Sweden, Iraq and Syrian Arab Republic lagged somewhat behind, together accounting for a further 32%.

Iraq saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Breakfast Cereal - Top Exporters

In value terms, the largest breakfast cereal supplying countries worldwide were Germany ($745M), the United States ($704M) and the UK ($602M), together comprising 30% of global exports. These countries were followed by Belgium, Poland, Spain, France, Canada, Mexico, the Netherlands, China, Chile and Turkey, which together accounted for a further 45%.

Among the main exporting countries, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Breakfast Cereal - Market Forecast

Driven by increasing demand for breakfast cereal worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Breakfast Cereal - Product Coverage

• HS 190420 - Food preparations; obtained from unroasted cereal flakes or from mixtures of unroasted cereal flakes and roasted cereal flakes or swelled cereals
• HS 190410 - Food preparations; obtained by the swelling or roasting of cereals or cereal products
• HS 190430 - Prepared foods obtained by the swelling or roasting of cereals or cereal products (egg corn flakes); cereals, not maize (corn), in grain form or in the form of flakes or other worked grains, from bulgur wheat
• HS 190490 - Food preparations; cereal or cereal products (excluding maize), in grain form, pre-cooked or otherwise prepared

Source: IndexBox Market Intelligence Platform