Global Liquid Breakfast Products Market
Global Liquid Breakfast Products Market was valued US$57 Bn in 2017 and is expected to reach US$96.52 Bn by 2026, at a CAGR of 6.81% during a forecast period.
The liquid breakfast products market is segmented into product type, distribution channel, packaging type, application, and region. Based on product type, the liquid breakfast products market is classified into liquid breakfast and spoonable breakfast. On the basis of a distribution channel, the liquid breakfast products market is categorized into retail stores, online selling, convenience stores, and supermarkets &hypermarkets. Based on the packaging type, the liquid breakfast products market can be bifurcated into cups & tubs, cans, carton packaging, bottles, and pouches. In terms of application, the liquid breakfast products market is divided into commercial, household, and others. Based on regions, the global liquid breakfast products market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.
Major driving factors of, liquid breakfast products market are a busy and hectic lifestyle of people, and increasing health consciousness & the need for original food. Additionally, customers normally prefer ready-to-eat food and drinks in their breakfast, they are not ready to compromise with the source of ingredients. This is one of the key reasons that the global liquid breakfast market is growing enormously. Restraints of global liquid breakfast products market is the consistency of the product is create a negative appeal and get the consumer confused while differentiating between healthy snacks and beverages.
Global Liquid Breakfast Products Market
Spoonable breakfast segment is projected to hold the maximum market. Growing demand for spoonable Greek yogurt across the globe is expected to boost the growth of the spoonable breakfast product type segment.
Cups and tubs segment is the large segment in terms of revenue in the global market followed by the pouches segment. Bottles are the large segment in terms of revenue due to an increasing use of bottles as a preferred packaging option for drinkable yogurt and chilled soups.
North America is expected to dominate the liquid breakfast products market during the forecast period, due to growing consumption of authentic and natural yogurt by the population. Latin American region is estimated to show good growth potential in the liquid breakfast products market in the forecast period, due to the fact that consumers demand ready-to-eat low-fat food products for breakfast. Asia Pacific region is projected to hold a large share in the market for liquid breakfast products in the future, due to consumers’ shifting focus toward healthy and nutritious breakfast options in the region.
Some of the key players in the liquid breakfast products market include Sanitarium, Danone, The Hain Daniels, Campbell, Tio Gazpacho, Soupologie, Kellogg, MOMA, Weetabix, Nestle, and General Mills.
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Scope of Global Liquid Breakfast Products Market:
Global Liquid Breakfast Products Market, by Product Type:
- Liquid Breakfast
- Spoonable Breakfast
Global Liquid Breakfast Products Market, by Distribution Channel:
- Retail Stores
- Online Selling
- Convenience Stores
- Supermarkets &Hypermarkets
Global Liquid Breakfast Products Market, by Packaging Type:
- Cups & Tubs
- Cans
- Carton Packaging
- Bottles
- Pouches
Global Liquid Breakfast Products Market, by Application:
- Commercial
- Household
- Others
Global Liquid Breakfast Products Market, by Region:
- North America
- Europe
- Middle East & Africa
- Asia Pacific
- Latin America
Key players operating in Global Liquid Breakfast Products Market
- Sanitarium
- Danone
- The Hain Daniels
- Campbell
- Tio Gazpacho
- Soupologie
- Kellogg
- MOMA
- Weetabix
- Nestle
- General Mills
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