The Liquid Breakfast Products Market is poised for significant growth, with projections indicating a robust Compound Annual Growth Rate (CAGR) of 6.1% from 2022 to 2032, reaching a market value of US$ 2,33,208.1 million by the end of the forecast period.
The liquid breakfast products market is witnessing rapid expansion, driven by evolving consumer preferences towards convenient, healthy, and nutritious breakfast options. With increasing awareness about the importance of a balanced diet, consumers are turning to liquid breakfast products for their convenience and nutritional benefits.
Consumers across the world are demanding more natural, GMO-free, and organic food products in their breakfast meals. A hectic and busy lifestyle is one of the significant elements that is pushing consumers towards increasing the consumption of ‘grab and go breakfast’ across the globe. Although consumers typically prefer ready-to-eat food and drinks in their breakfast, they are not ready to compromise with the source of ingredients.
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The demand for liquid breakfast products is propelled by factors such as changing lifestyles, growing health consciousness, and the need for on-the-go breakfast solutions. Consumers, particularly in developed regions like Western Europe and North America, are embracing liquid breakfast options as a convenient and time-saving alternative to traditional breakfast meals.
One of the key growth factors for the liquid breakfast products market is the rising demand for spoonable breakfast options, such as yogurt, which offer both indulgence and nutritional benefits. Manufacturers are responding to consumer preferences by developing innovative and healthier ingredients to meet the demand for natural and authentic breakfast products.
Business Growth Headlines:
- Liquid Breakfast Products Market Poised for Exponential Growth: Forecasted to reach US$ 2,33,208.1 million by 2032, the global liquid breakfast products market presents unprecedented growth opportunities for investors.
- Consumer Demand Drives Market Expansion: Changing consumer lifestyles and increasing health consciousness are fueling demand for liquid breakfast products, driving market growth worldwide.
- Innovative Solutions Key to Market Success: Companies offering innovative and sustainable solutions stand to benefit from the growing demand for liquid breakfast products, positioning themselves for long-term success in the market.
- Investment Opportunities Abound in the B2B Sector: Investors in the B2B industry can capitalize on the growing liquid breakfast products market by strategically investing in companies that offer innovative and differentiated products.
Global Liquid Breakfast Products Market: Forecast by Product Type
The global liquid breakfast products market is segmented on the basis of product type into liquid breakfast (Milk and Cereal Based Breakfast, Drinkable Yoghurt, Vegetable Liquid Soup, Chilled Soup) and spoonable breakfast. The spoonable breakfast segment is expected to grab the maximum market share – around 55% in 2017 – and is estimated to reach a market valuation of US$ 103.2 Bn by 2027 end. Growing demand for spoonable Greek yoghurt across the globe is expected to boost revenue growth of the spoonable breakfast product type segment.
Global Liquid Breakfast Products Market: Forecast by Packaging Type
The global liquid breakfast products market is divided on the basis of packaging type into pouches, cups and tubs, bottles, carton packaging and cans. Cups and tubs are expected to grow 1.9x in terms of revenue in the global liquid breakfast products market.
With a 6.6% CAGR, the cups and tubs segment is the largest segment in terms of revenue in the global market followed by the pouches segment at 6.3% CAGR. Increasing use of bottles as a preferred packaging option for drinkable yoghurt and chilled soups is expected to contribute towards segmental revenue growth, which is estimated to be about US$ 18.5 Bn by 2017 end.
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Global Liquid Breakfast Products Market: Forecast by Distribution Channel
The global liquid breakfast products market is segmented on the basis of distribution channel into hypermarket/supermarket, retail stores, convenience stores, online selling, and other retail formats. Hypermarket/supermarket is the most attractive segment with an incremental $ opportunity of US$ 36.9 Bn between 2016 and 2027. Revenue from the convenience stores distribution channel segment is expected to increase 1.7X over the forecast period.
Global Liquid Breakfast Products Market: Regional Forecast
The global liquid breakfast products market has been studied across the seven key regions of North America, Latin America, Asia Pacific Excluding Japan, Western Europe, Eastern Europe, Japan, and Middle East & Africa.
Western Europe is projected to be the most attractive and dominant regional market in the global liquid breakfast products market during the forecast period, accounting for a revenue share of 26.8% by 2027 end. The market for liquid breakfast products in APEJ is expected to generate a revenue of US$ 45.3 Bn by the end of 2027 with a CAGR of 6.2% during the forecast period.
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Global Liquid Breakfast Market: Key Vendors
More than 15 key players and their performance in the global liquid breakfast products market have been featured in this report. Companies profiled include:
- Sanitarium Health & Wellbeing, Danone
- The Hain Daniels Group Limited
- Campbell Soup Company
- Tio Gazpacho LLC
- Soupologie Limited
- Kellogg Co.
- MOMA Foods
- Weetabix Ltd.
- Nestle S.A.
- General Mills Inc.
- Quaker Oats Company
- Müller UK & Ireland
- Chobani, LLC
- The Kraft Heinz Company
- The Billington Group.
Liquid Breakfast Products Market by Category
By Product Type, Liquid Breakfast Products Market is Segmented as:
- Liquid Breakfast
- Milk and Cereal Based Breakfast
- Drinkable Yogurt
- Vegetable Liquid Soup
- Chilled Soup
- Spoonable Breakfast
By Region, Liquid Breakfast Products Market is Segmented as:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
By Packaging Type, Liquid Breakfast Products Market is Segmented as:
- Pouches
- Cups & Tubs
- Bottles
- Carton Packaging
- Cans
By Distribution Channel, Liquid Breakfast Products Market is Segmented as:
- Hypermarket/Supermarket
- Retail Stores
- Convenience Stores
- Online Selling
- Other Retail Formats
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