Product Code: ETC043384 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Breakfast Cereal market currently, in 2023, has witnessed an HHI of 2837, Which has increased slightly as compared to the HHI of 885 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India breakfast cereal market is estimated to reach a value of USD 1,041 million by 2026. This growth can be attributed to the increasing demand for ready-to-eat food products in urban areas and rising health consciousness among Indians. Furthermore, growing disposable incomes and changing lifestyle preferences are also factors driving the market growth during the forecast period (2020-2026).
Growing health awareness among Indian consumers has led to an increased focus on nutrition intake from breakfast cereals. This in turn has been identified as one of the major drivers behind the India breakfast cereal market growth over 2020-2026. In addition, continuous product innovation including new flavors and organic offerings by key players have also aided overall industry development across this timeframe. Moreover, convenience associated with these products along with their availability through various retail formats such as supermarkets/hypermarkets will further boost sales of breakfast cereals throughout 2020-2026.
Challenges: On the other hand, presence of certain chemical additives which may lead to allergies or side effects is expected to hinder sales within this landscape during 2020-2026 . Additionally, high prices associated with some premium variants could act as a deterrent factor for potential customers looking for cheaper options hence limiting its penetration especially in rural regions where income levels are low or stagnant.
Some notable players operating within India Breakfast Cereal Market include Nestle SA., Kellogg Company., PepsiCo Inc., ITC Limited etc. These companies have adopted strategies like strategic collaborations & partnerships; brand acquisitions; product launches etcetera which have enabled them maintain their brand visibility & expand their customer base across domestic markets as well as foreign countries.
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 India Breakfast Cereal Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Breakfast Cereal Market Revenues & Volume, 2020 & 2030F |
3.3 India Breakfast Cereal Market - Industry Life Cycle |
3.4 India Breakfast Cereal Market - Porter's Five Forces |
3.5 India Breakfast Cereal Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Breakfast Cereal Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Breakfast Cereal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Breakfast Cereal Market Trends |
6 India Breakfast Cereal Market, By Types |
6.1 India Breakfast Cereal Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Breakfast Cereal Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Breakfast Cereal Market Revenues & Volume, By Hot Cereal, 2020-2030F |
6.1.4 India Breakfast Cereal Market Revenues & Volume, By RTE, 2020-2030F |
6.2 India Breakfast Cereal Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Breakfast Cereal Market Revenues & Volume, By Supermarket, 2020-2030F |
6.2.3 India Breakfast Cereal Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.2.4 India Breakfast Cereal Market Revenues & Volume, By E-Commerce, 2020-2030F |
6.2.5 India Breakfast Cereal Market Revenues & Volume, By Others, 2020-2030F |
7 India Breakfast Cereal Market Import-Export Trade Statistics |
7.1 India Breakfast Cereal Market Export to Major Countries |
7.2 India Breakfast Cereal Market Imports from Major Countries |
8 India Breakfast Cereal Market Key Performance Indicators |
9 India Breakfast Cereal Market - Opportunity Assessment |
9.1 India Breakfast Cereal Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Breakfast Cereal Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Breakfast Cereal Market - Competitive Landscape |
10.1 India Breakfast Cereal Market Revenue Share, By Companies, 2023 |
10.2 India Breakfast Cereal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |