Projected Growth: Liquid Breakfast Products Market Poised to Achieve USD 2,330.2 Million by 2032

Liquid Breakfast Products Market

The Liquid Breakfast Products Market refers to the segment of the food and beverage industry that focuses on providing convenient and nutritionally balanced liquid-based breakfast options. These products are designed to cater to individuals who have busy lifestyles and limited time in the morning, making it challenging for them to prepare a traditional breakfast.

The liquid breakfast products market is anticipated to expand at a CAGR of 6.1% during the anticipated time frame. According to projections, the market’s worth will rise from US$ 1,290,000 million in 2022 to US$2,33,208.1 million by 2032.

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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.

Key Manufacturer Strategies to Support Huge Global Demand for Liquid Breakfast Products

  • Introduction of products with reduced sugar and no artificial flavors / added colors
  • Elimination of undesirable ingredients such as artificial dyes and preservatives
  • Shift towards more natural and organic ingredient sources
  • Increased venture capital funding to identify upcoming brands
  • Acquisition of disruptive health and wellness brands

Apart from these strategies, manufacturers in the global liquid breakfast products market are likely to shift their focus on untapped markets such as India, China and Australia where consumer demand for liquid breakfast products is on the rise.

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.

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.

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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