The Breakfast Food Market is being driven by Frequent breakfast product launches
The Breakfast Food Market is expected to grow at a CAGR of 4.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 108.7 billion. The plant-based breakfast food market has witnessed a substantial growth in recent years, driven by several factors. These include the rising preference for plant-based diets, heightened awareness of the environmental consequences of animal agriculture, and a trend towards healthier eating habits. Consumers are increasingly seeking plant-based alternatives to traditional breakfast items such as eggs, bacon, sausage, and dairy-based products. Non-dairy milk derived from almonds, soy, oats, rice, coconut, and other plant sources is widely utilized in breakfast cereals, smoothies, and coffee. In September 2024, Fresh Del Monte Produce N.A., Inc. introduced Del Monte On-the-Go Oats, a complete line of breakfast meals featuring fresh-cut fruit, further expanding the plant-based breakfast food offerings.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
215 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.3% |
Market growth 2025-2029 |
USD 108.7 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.2 |
Key countries |
US, China, Germany, Japan, UK, France, India, Canada, Brazil, and Australia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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For fitness-conscious individuals, making healthy breakfast choices is crucial to combat obesity, diabetes, high cholesterol, and blood pressure. Convenience stores and departmental stores offer various breakfast options, including plant-based foods, but opt for fiber-rich alternatives like cereals, porridge, or whole grain bread, waffles, and pancakes instead of sugary or processed ones. Consider plant-based protein sources, such as spicy chicken noodles or eggs, and limit dairy products. Choose fiber-rich cereals, oatmeal, or whole grain breads to start your day right. Avoid sugary and processed breakfast foods, such as sausages, and focus on fiber-rich, nutrient-dense options to fuel your body effectively.
The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and increase shelf life. According to Technavio, the market's size is determined by the consolidated revenue of the participating entities. This market segment does not include providers of food processing machinery or those specializing in packaged alcoholic and non-alcoholic beverages, excluding mineral waters. Factors propelling the growth of the global packaged foods and meats market include the health benefits linked to the consumption of minimally processed foods, such as vegetables, which are rich in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. Additionally, the increasing prevalence of health concerns, including obesity, diabetes, cholesterol, and high blood pressure, are driving the demand for nutrient-dense, convenient food options.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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