India Breakfast Cereal Market Analysed & Forecast by Bonafide Research & Marketing in Its Report Recently Published at MarketPublishers.com
12 Nov 2015 • by Natalie Aster
LONDON – The breakfast table in India is experiencing remarkable changes: many dishes (traditionally used to be prepared at home) now are often replaced by packaged food. Local food producers make attempts to change traditional breakfast norms; however, they need to raise the level of penetration as well as frequency of purchase. India’s breakfast cereal market is led by the cornflakes sector.
Over the last five years, the Indian market for breakfast cereals has been following an upward trend, posting a CAGR of more than 22%. Currently, the market is dominated by three major companies, namely Kellogg’s India, Bagrry and PepsiCo Quaker; together they held the lion’s share (75%) of the total India’s breakfast cereal market. Breakfast cereals are more popular in the western part of the country due to increasing urbanization and rising consumers’ incomes in the region.
Topical research study “India Breakfast Cereal Market Outlook, 2021” elaborated by Bonafide Research & Marketing Pvt. Ltd. provides a detailed examination of the current situation in the Indian breakfast cereal market. The report traces the market dynamics, focusing on the main growth driving and restraining factors as well as on the key challenges and opportunities. Moreover, the research report sheds light on the market size, structure, value, and also contains a comprehensive market segmentation analysis on the basis of region, segment, company, product type and sales channel. The study reviews regulative policies and uncovers data on the foreign trade dynamics. Possible future trends and developments in the Indian breakfast cereal market are discussed in the report along with a whole set of market performance forecasts through 2021. Competitive landscape analysis and major market participants’ are include in the research report, too.
India Breakfast Cereal Market Outlook, 2021
Published: October, 2015
Price: US$ 1,600.00
Other in-demand research reports prepared by Bonafide Research & Marketing can be easily found at its page.