India Breakfast Cereals Market (2024-2030) Outlook | Share, Companies, Revenue, Analysis, Value, Growth, Trends, Forecast, Industry & Size

India Breakfast Cereals Market Synopsis

The breakfast cereals market in India was estimated to be worth INR 2,500 crore and is expected to grow at a compound annual growth rate of 11.8%. The market includes ready-to-eat cereal bars, muesli, flakes, and porridge among others. As per industry estimates, the organized sector accounts for 60% of the overall sales while 40% comes from the unorganized sector. Nestle dominates the India breakfast cereals market with its NesPlus brand having a 20% share.

Market Drivers of the market

The India breakfast cereals market is witnessing remarkable growth due to several key drivers. Firstly, the changing lifestyle and busy routines of urban consumers are driving the demand for convenient and ready-to-eat breakfast options, such as breakfast cereals. The ease of preparation and the availability of a wide range of flavors and variants are attracting consumers, supporting market growth.Moreover, the increasing health consciousness among consumers is boosting the demand for nutritious and fortified breakfast cereals. Manufacturers are focusing on introducing cereals with added vitamins, minerals, and fibers, appealing to health-conscious consumers.Furthermore, the growth of modern retail channels and e-commerce platforms is facilitating the accessibility of breakfast cereals to consumers across various regions, positively impacting the market.

Challenges of the Market

India breakfast cereals market is witnessing growth due to changing consumer preferences and urbanization. However, the industry faces challenges related to the perception of processed and packaged foods as being less healthy. Manufacturers need to address these concerns by offering nutritious and wholesome breakfast cereal options to meet the demands of health-conscious consumers.

Covid-19 Impact on the Market

The breakfast cereals market in India encompasses a wide range of ready-to-eat breakfast options such as cornflakes, oats, muesli, and other cereal-based products. The market has been witnessing significant growth due to changing lifestyles, urbanization, and the increasing acceptance of Western dietary habits. However, regional food preferences and competition from traditional India breakfast options can influence the market`s growth.

Key Players of the Market

Prominent companies in the India breakfast cereals market consist of Cerealicious India Pvt. Ltd., MorningStart Nutritionals, HealthyMunch Cereals India, CrunchyDelights Breakfasts Pvt. Ltd., and NutriCrunch Foods India.

Key Highlights of the Report:

• India Breakfast Cereals Market Outlook
• Market Size of India Breakfast Cereals Market, 2023
• Forecast of India Breakfast Cereals Market, 2030
• Historical Data and Forecast of India Breakfast Cereals Revenues & Volume for the Period 2020-2030
• India Breakfast Cereals Market Trend Evolution
• India Breakfast Cereals Market Drivers and Challenges
• India Breakfast Cereals Price Trends
• India Breakfast Cereals Porter's Five Forces
• India Breakfast Cereals Industry Life Cycle
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Product for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Hot Cereals for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Ready-to-Eat (RTE) for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Convenience Stores for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By E-commerce for the Period 2020-2030
• Historical Data and Forecast of India Breakfast Cereals Market Revenues & Volume By Others for the Period 2020-2030
• India Breakfast Cereals Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Distribution Channel
• India Breakfast Cereals Top Companies Market Share
• India Breakfast Cereals Competitive Benchmarking By Technical and Operational Parameters
• India Breakfast Cereals Company Profiles
• India Breakfast Cereals Key Strategic Recommendations