Farmington, April 06, 2023 (GLOBE NEWSWIRE) -- The Global Packaged Muesli Products Market is anticipated to advance at a CAGR of 4.6%. As such, worldwide sales of packaged muesli are estimated to reach a valuation of US$ 29.5 billion by 2030, up from US$ 18.3 billion in 2022. The growth of the global packaged muesli products market has been linked to the fact that breakfast cereals are becoming more upscale. The global packaged muesli products market is growing because breakfast cereals are becoming more expensive. As the economies of countries around the world get better and people's purchasing power goes up, there is more demand for high-end products. Southeast Asia is also growing as a market for high-end breakfast cereals. As the middle class has grown quickly, there is now a market for more innovative and customized breakfast cereals. Middle-class people are willing to pay more for healthy breakfast cereals, so companies in the global packaged muesli products market are likely to make new types of premium breakfast cereals. So, manufacturers are also using pricing methods that are competitive. When high-quality ingredients are added to grain, this process is called "premiumization."
One of the most important new trends in the market for packaged muesli is the move toward organic grains. The global breakfast cereals market is expected to keep growing over the next few years as more people choose natural and organic breakfast cereals. More and more people are buying breakfast products that are good for their health and the environment. They are trying to get people to eat less food that has chemicals like pesticides and fertilizers on it. Only organic fertilizers and pesticides are used to grow the raw materials that go into making organic breakfast cereals. Organic breakfast cereals are good for your health, and more people are becoming aware of this. This is a big reason why organic breakfast cereals are expected to be in high demand in the coming years.
Request Sample Copy of Report “Packaged Muesli Products Market Size, Share & Trends Estimation Report By Type (Cereals, Bars), By Application (Supermarket, Convenience Stores, Others), By Region, And Segment Forecasts, 2023 - 2030”, published by Contrive Datum Insights.
Regional Outlook:
Japan and Canada are also important markets. Between 2020 and 2027, they are expected to grow by 2.4% and 3.8%, respectively. Germany is expected to grow at a CAGR of about 3.1% in Europe. By 2027, the market in the Asia-Pacific region, which is led by countries like Australia, India, and South Korea, is expected to reach US$ 2.8 billion.
Based on a full analysis of the company's growth opportunities, the Americas will have the most growth in this market over the next few years. In the region, the market will grow steadily over the next few years as more people become aware of how important it is to eat healthy breakfast foods.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | CAGR of 4.6% from 2023 to 2030. |
| Revenue Forecast by 2030 | USD 29.5 Billion |
| By Type | Cereals, Bars, Others |
| By Application | Supermarket, Convenience Stores, Others |
| By Companies | Associated British Foods, Bob’s Red Mill Natural Foods, General Mills, Kellogg Co, PepsiCo, Post Holdings |
| Regions and Countries Covered |
|
| Base Year | 2022 |
| Historical Year | 2017 to 2022 |
| Forecast Year | 2023 to 2030 |
Market Dynamics:
Market Drivers
Premiumization of Breakfast Cereals
Raising awareness of healthy breakfast consumption
Market Trend
Offer new and innovative products
Restraints
Availability of alternative products
Opportunities
Increase in disposable income
Raising awareness of the health-promoting effects of an organic breakfast
Key Segments Covered:
Top Market Players:
Associated British Foods, Bob’s Red Mill Natural Foods, General Mills, Kellogg Co, PepsiCo, Post Holdings, and others.
By Type:
- Cereals
- Bars
- Others
By Application:
- Supermarket
- Convenience Stores
- Others
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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