Cereal Flakes Market Report

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Cereal Flakes Market Report
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INTRODUCTION
The cereal flakes made nowadays are mostly
ready-to-eat maize and wheat flakes that do not
require cooking and are available in plain
(natural), sugar and chocolate-coated, or salted
varieties. Oatmeal is made by rolling uncooked
flakes of oats. As a result, many individuals,
especially working professionals, choose cereal
flakes for breakfast. As a result, cereal flakes
are in great demand among the population.
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KEY INSIGHTS
MARKET SIZE USD 48,214.90 Million
2016
FORECAST USD 84,327.68 Million
2028
2023- 2030
CAGR 7.98
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REVENUE MARKET SHARE BY SEGMENTS 2022
Type
Wheat USD 10,777.15 Million
Application
Supermarket USD 47,220.05 Million
Product Segment
Conventional USD 25,423.39 Million
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GLOBAL CEREAL FLAKES MARKET REVENUE SHARE FOR 2022
North America USD 30,876.58 Million
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Rise in the supermarkets, hypermarkets, and
penetration of retail distributors
Drivers
Misconception regarding cereal flakes
Restraints
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AUTHOR'S PERSPECTIVE

• The Global Cereal Flakes Market is witnessing
  significant growth in the near future.
• In 2023, the Wheat segment accounted for
  noticeable share of global Cereal Flakes Market
  and is projected to experience significant growth
  in the near future.
• The Supermarket segment is expected to expand at
  the significant CAGR retaining position
  throughout the forecast period.

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KEY PLAYERS
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