IMARC Group, a leading market research company, has recently releases report titled “India Breakfast Cereal Market Report by Product Type (Ready-to-cook Cereals, Ready-to-eat Cereals), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Specialty Stores, Independent Retailers, Online Retail Stores, and Others), and Region 2024-2032”. The India breakfast cereal market share reached US$ 4.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2032, exhibiting a growth rate (CAGR) of 8.30% during 2024-2032.
The evolving lifestyles along with the growing need for convenient and healthy breakfast options are the factors responsible for the growth of the India breakfast cereal market. Additionally, the demand for breakfast is expanding as there is an increasing preference for quick and easy-to-prepare meals. Breakfast cereals, with their ready-to-eat nature, fit perfectly into this trend. Moreover, rising health awareness among consumers is steering them towards nutrient-rich options like whole grain cereals, muesli, and granola, which offer essential vitamins and minerals. The influence of Western dietary habits and the expanding middle class with higher disposable incomes also play significant roles in driving the market, as consumers are more interested in spending on premium and diverse breakfast products.
Request to Get the Sample Report: https://www.imarcgroup.com/india-breakfast-cereal-market/requestsample
India Breakfast Cereal Market Trends:
In terms of trends, the India breakfast cereal market is experiencing a surge in the need for organic and natural products. In addition to this, consumers are increasingly looking for cereals that are free from artificial additives, preservatives, and high sugar content, opting instead for those with natural ingredients and health benefits. This has led to the introduction of a variety of cereals fortified with fibers, proteins, and probiotics.
Another major trend is the rise of innovative flavors and product variants tailored to local tastes, including traditional Indian flavors like honey almond, cardamom, and saffron. The market is also seeing growth in online sales channels, supported by the convenience of home delivery and the availability of a broad variety of products, which is anticipated to drive the India breakfast cereal market over the forecasted period.
India Breakfast Cereal Market Segmentation:
Breakup by Product Type:
- Ready-to-cook Cereals
- Ready-to-eat Cereals
Breakup by Distribution Channel:
- Convenience Stores
- Supermarkets/Hypermarkets
- Specialty Stores
- Independent Retailers
- Online Retail Stores
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East and Northeast India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=22084&flag=C
Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
Comments