On the go breakfast packaging provides easy and convenient packaging solutions for breakfast cereals, dairy products, baked items and more. With changing lifestyles and busy schedules, consumers are increasingly opting for portable breakfast options that can be quickly prepared and consumed while on the move. The Global On The Go Breakfast Packaging Market Size is estimated to be valued at US$ 5 Billion in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2027, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Innovations in packaging formats is one of the key trends driving growth in the on the go breakfast packaging market. Packaging manufacturers are focusing on developing innovative packaging solutions that enhance product safety, extend shelf-life and provide improved portability for on-the-go consumption. Some examples include the use of materials like tetrapack for milk and yogurt packaging that allow extended shelf life without refrigeration. Similarly, re-sealable pouches and zipper bags are gaining popularity for cereal, granola bar and bakery packaging as they keep products fresh while allowing one-handed consumption. Such innovations cater well to the preference of time-strapped consumers for breakfast solutions that can be conveniently carried and consumed while on the move.
Segment Analysis
The on the go breakfast packaging market is currently dominated by ready to eat cereal sub-segment. This is primarily because ready to eat cereals are very convenient to consume, portable and require negligible preparation time which perfectly fits the on-the-go eating lifestyle. They are also affordable and widely available in various flavors and variety. The ready mixes sub-segment is also growing at a steady pace owing to increasing demand for packaged oats, pancake mixes etc. which can be easily prepared on the go.
Key Takeaways
The global on the go breakfast packaging market is expected to witness high growth over the forecast period owing to changing consumer lifestyle and growing demand for packaged food products that can be consumed quickly.
Regional analysis: North America currently holds the major share of the on the go breakfast packaging market and is expected to continue dominating over the forecast period. This is due to high prevalence of hectic schedules and busy lifestyles in countries like US and Canada which is driving the need for convenient packaging solutions for breakfast. Asia Pacific region is anticipated to grow at the fastest pace during the forecast period due to rising incomes, rapid urbanization and growing demand for western packaged food products in densely populated countries of India and China.
Key players operating in the on the go breakfast packaging market are Amcor plc, Bemis Co Inc, Sealed Air Corporation, WestRock Company, Berry Global Inc, DS Smith plc. These players are focusing on rolling out innovative packaging designs and solutions which can better protect packaged breakfast products and provide longer shelf life along with convenience features like re-sealability, leak-proof property etc. to cater to changing consumer requirements.
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The Global On-The-Go Breakfast Products Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product type and distribution channel.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global On-The-Go Breakfast Products Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/14933-on-the-go-breakfast-products-market-reportThe report also covers the complete competitive landscape of the global On-The-Go Breakfast Products market with company profiles of key players such as:AnchorBagrry’s India Ltd.General Mills Inc.Kellogg Co.MOMANestle S.A.Quaker Oats CompanySanitariumUncle Toby’sWeetabix Ltd.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product Type:Breakfast CerealsDairy Based DrinksBy Distribution Channel:Hypermarket/ SupermarketRetail StoresConvenience StoresOnline SellingOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global On-The-Go Breakfast Products Market @ https://www.decisiondatabases.com/contact/download-sample-14933The Global On-The-Go Breakfast Products Market has been exhibited in detail in the following chapters –Chapter 1 On-The-Go Breakfast Products Market PrefaceChapter 2 Executive SummaryChapter 3 On-The-Go Breakfast Products Industry AnalysisChapter 4 On-The-Go Breakfast Products Market Value Chain AnalysisChapter 5 On-The-Go Breakfast Products Market Analysis By Product TypeChapter 6 On-The-Go Breakfast Products Market Analysis By Distribution ChannelChapter 7 On-The-Go Breakfast Products Market Analysis By GeographyChapter 8 Competitive Landscape Of On-The-Go Breakfast Products CompaniesChapter 9 Company Profiles Of On-The-Go Breakfast Products IndustryPurchase the complete Global On-The-Go Breakfast Products Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-14933Other Reports by DecisionDatabases.com:Global Breakfast Cereals Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Breakfast Machine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Fast Food Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
However, the breakfast meal remained the most ignored option in this category until recently but is showing promising growth with the development of on the go breakfast products options.
The lack of time especially in the mornings to create nutritious meals is the prime factor that is fuelling the growth of the market.Access Full Report Details @ https://www.marketresearchfuture.com/reports/on-the-go-breakfast-products-market-6721The development of sedentary lifestyles of the end users is a major factor that is helping in the growth of the market.
As women were earlier tasked with making meals in households, the rising working women workforce, particularly in the developing economies, is creating a strong demand for on the go breakfast products.
The rising acceptance among the consumers for private label brands is expected to transform the market landscape for the on the go breakfast products market in the forecast period.Competitive Analysis:The on-the-go breakfast products market is influenced by the positive trends that are directing and increased demand level for the market.
The important competitors influencing the on-the-go breakfast products market are Kellogg Co., General Mills Inc., Nestle S.A., Raisio PLC, Weetabix Limited, Bagrry’s India Ltd., Sanitarium, Quaker Oats Company, Weetabix Ltd., Moma Foods, Uncle Toby’s, Amy’s Kitchen, Alara Wholefoods Ltd., United Biscuits Limited, ITC Limited.Segmental Analysis:The on-the-go breakfast products market is segmented on the basis of product type, packaging type, distribution channel, and region.
The store-based segment is supermarkets & hypermarkets, convenience stores, specialty stores, and others.
The study of the “Global On The Go Breakfast Products Market” provides the market size information and market trends along with the factors and parameters impacting it in both short and long term.
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