Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey), By Product Type (Hot Cereal, RTE), By Distribution Channel (Supermarket, Convenience Stores, E-Commerce, Others), And Competitive Landscape
Product Code: ETC060632 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Breakfast Cereal Market report thoroughly covers the market by product type, distribution channels, and key countries including Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Oman, Turkey, and the rest of the Middle East. The Middle East Breakfast Cereal market outlook report provides an unbiased and detailed analysis of the ongoing Middle East Breakfast Cereal market trends, opportunities/high growth areas, and market drivers which would help the stakeholders accordingly to current and future market dynamics.
Latest 2023 Development of the Middle East Breakfast Cereal Market
The Middle East Breakfast Cereal Market has seen tremendous growth on the back of several growth factors. Additionally, the market has been developing along with various latest apprehended developments. For instance, there has been an increasing demand for healthier breakfast cereal options from health-conscious consumers in the Middle East. Companies are launching new products that are low in sugar and high in fibre, vitamins & minerals. Also, manufacturers are constantly developing new and innovative products to attract more consumers. Moreover, major companies are acquainting products with flavours that are popular in the region such as Kellogg’s Middle East introduced a new range of cornflakes with dates.
Furthermore, the increasing trend of online shopping leads to the rise of e-commerce in the region and in response to this, many breakfast cereal companies are expanding their online sales channels to reach a wide customer base. Lastly, the increasing demand for sustainable packaging and to cater to environmentally conscious consumers, companies are investing in sustainable packaging solutions. For instance, Nestlé Middle East presented a new packaging expertise that uses less plastic. Thereby, the Middle East Breakfast Cereal Market size is expected to proliferate in the coming years.
Middle East Breakfast Cereal Market is anticipated to grow in the coming time zone and the major factors that are driving the cereal market share are the growth of increased demand for instance breakfast items, taste preferences of the customers, and busy lifestyles. Due to busy lifestyles, they prefer ready to eat concept which further is a growth proliferating factor to increase the demand for the product in the coming time zone.
According to 6Wresearch, the Middle East Breakfast Cereal Market size is anticipated to register growth during 2021-2027. Increasing disposable income coupled with the rising standard of living is driving the Middle East Cereal Breakfast Market Growth. Additionally, increasing awareness about breakfast as a vital meal is also driving the demand for breakfast meals. Changing habits of food backed by the adoption of western culture is adding to the Middle East Breakfast Cereal Market Share.
The outbreak of the novel coronavirus had led to double-digit growth in the sales of breakfast cereals which has been a growth proliferating factor for the product. Owing to the rising consciousness about health and nutrition and a healthy breakfast intake to sustain good health and immunity during the pandemic times, breakfast cereals have registered high growth prospects amidst the COVID-19 outbreak.
The key market players in the product market are Kellogg’s co., Quaker, Nestle, PepsiCo, Baggry’s India Ltd., and Marico.
Middle East Breakfast Cereal Market is anticipated to gain momentum in the forthcoming years backed by an increase in the growth of the health-conscious population. Moreover, the rising obesity rate across the region is leading to generating high sales revenues underpinned by increased consumption of healthy nutrition-based food whereby the breakfast cereals are proven efficient and are estimated to bolster the substantial growth of the Middle East breakfast cereal market in the forthcoming years.
Saudi Arabia is the largest market shareholder in the Middle East region. The reason being is the growth of consumers adopting healthier lifestyles in order to overcome diabetes, obesity, digestive disorders, and other problems, wherein cereals contain all the nutritional values in it to overcome all the health issues in a busy lifestyle.
The Market Report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Breakfast Cereal Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Breakfast Cereal Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Breakfast Cereal Market - Industry Life Cycle |
3.4 Middle East Breakfast Cereal Market - Porter's Five Forces |
3.5 Middle East Breakfast Cereal Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Breakfast Cereal Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Middle East Breakfast Cereal Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Middle East Breakfast Cereal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Breakfast Cereal Market Trends |
6 Saudi Arabia Breakfast Cereal Market, 2017 - 2027 |
6.1.1 Saudi Arabia Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.1.2 Saudi Arabia Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 UAE Breakfast Cereal Market, 2017 - 2027 |
7.1 UAE Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 UAE Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Qatar Breakfast Cereal Market, 2017 - 2027 |
8.1 Qatar Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Qatar Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Kuwait Breakfast Cereal Market, 2017 - 2027 |
9.1 Kuwait Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Kuwait Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Oman Breakfast Cereal Market, 2017 - 2027 |
10.1 Oman Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Oman Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Bahrain Breakfast Cereal Market, 2017 - 2027 |
11.1 Bahrain Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Bahrain Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
12 Turkey Breakfast Cereal Market, 2017 - 2027 |
12.1 Turkey Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 Turkey Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
13 Rest of Middle East Breakfast Cereal Market, 2017 - 2027 |
13.1 Rest of Middle East Breakfast Cereal Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13.2 Rest of Middle East Breakfast Cereal Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
14 Middle East Breakfast Cereal Market Key Performance Indicators |
15 Middle East Breakfast Cereal Market - Opportunity Assessment |
15.1 Middle East Breakfast Cereal Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Breakfast Cereal Market Opportunity Assessment, By Product Type, 2020 & 2027F |
15.3 Middle East Breakfast Cereal Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
16 Middle East Breakfast Cereal Market - Competitive Landscape |
16.1 Middle East Breakfast Cereal Market Revenue Share, By Companies, 2020 |
16.2 Middle East Breakfast Cereal Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |