Cereal is a breakfast staple for many households around the world, and it’s no surprise that cereal sales are a big business. In this article, we’ll be taking a look at the latest cereal sales statistics and analyzing the trends in the industry.
We’ll be exploring the top-selling brands, the most popular flavors, and the overall growth of the cereal market. We’ll also be discussing how the pandemic has impacted cereal sales and what the future of the cereal industry looks like. So, let’s dive in and take a closer look at the cereal sales statistics.
Cereal Sales: Most Important Statistics
The Breakfast Cereals segment is expected to generate US$6.50 billion in revenue in 2023, with a 9.03% annual growth rate (CAGR 2023-2027). The US will account for the majority of revenue (US$21,320.00m in 2023), and the average volume per person is expected to reach 0.5 kg in 2023.
Manufacturer sales of breakfast cereals in Canada amounted to almost 93.41 million Canadian dollars in March 2022, showing an increase in cereal sales over the past 6 years.
Cereal Sales: Statistics Overview
The Breakfast Cereals segment is expected to generate US$21.32 billion in revenue in 2023 and grow annually by 2.02% (CAGR 2023-2027). The US will generate the majority of revenue (US$21,320.00m in 2023).
This provides an overview of the current market size and growth rate of the Breakfast Cereals segment.
It also highlights the importance of the US market in terms of revenue generation. This information can be used to inform marketing and sales strategies for the segment.
The global Breakfast Cereal Market is estimated to grow from US$ 42180 million in 2021 to US$ 50120 million by 2028, with a CAGR of 2.5% over the forecast period of 2022–2028.
This insight into the current and future size of the market, which can help businesses make informed decisions about their investments in the cereal market.
Cereal sales in Germany increased from 380.4 million euros in 2017 to 380.6 million euros in 2018, showing a slight growth in the food retail sector.
That the industry is growing, which is beneficial for businesses in the sector.
Muesli is the most popular type of cereal in Germany, followed by oats and cornflakes.
Muesli is the most popular cereal among the German population, which can inform cereal sales strategies in the German market.
The Breakfast Cereals segment is expected to generate US$6.50 billion in revenue in 2023, with a 9.03% annual growth rate (CAGR 2023-2027). The US will account for the majority of revenue (US$21,320.00m in 2023), and the average volume per person is expected to reach 0.5 kg in 2023.
This provides an overview of the current and projected market size, growth rate, and per person revenue for the Breakfast Cereals segment. This data can be used to inform decisions about pricing, marketing, and product development.
In 2016, 182 metric tons of breakfast cereals were sold in China as retail.This statistic is important because it provides an insight into the retail sales volume of breakfast cereals in China over the past five years, as well as projections for the next five years.
This information can be used to inform marketing and sales strategies for companies looking to increase their presence in the Chinese market.
The South America breakfast cereal market is expected to grow at a CAGR of 3.8% over the next five years.
It is a useful indicator for businesses to consider when making decisions about their cereal sales strategies in the region.
Additionally, it can help inform marketing and product development decisions, as well as provide an indication of the overall health of the breakfast cereal market in South America.
This study provides an overview of the South American cereal bar market, including market size data from 2012 to 2017 and a forecast to 2022, covering Sales Value and Volume for Cereal Bars and its variants Granola/Muesli/Yogurt Bars & Other Cereal Bars.
This information is important for understanding the current and future trends of the cereal bar market in South America, which can help inform decisions about marketing, production, and sales of cereal bars.
The Breakfast Cereals segment is expected to generate $2.25 billion in revenue in 2023, with an average volume per person of 8.1kg and a CAGR of 4.29%.
The United States is expected to generate the most revenue in comparison to other countries, with per-person revenues of US$58.12.
Manufacturer sales of breakfast cereals in Canada amounted to almost 93.41 million Canadian dollars in March 2022, showing an increase in cereal sales over the past 6 years.
This shows the increase in cereal sales over the past 6 years in Canada, which indicates that the demand for breakfast cereals is increasing. This information can be used by manufacturers to plan their production and marketing strategies accordingly.
Supplementary Statistics
The global breakfast cereal market size was valued at $40.5 billion in 2020.
It is a clear indication of the immense potential of the cereal industry and the potential for growth in the coming years. This statistic is a valuable insight for anyone looking to gain a better understanding of the cereal market and its current state.
North America held the largest share of the breakfast cereal market in 2020, accounting for approximately 34.4%.
Furthermore, it provides insight into the current state of the market, and can be used to inform future strategies and decisions.
In 2019, General Mills had a 30% share of the US breakfast cereal market.
It is an important piece of information to consider when discussing cereal sales statistics, as it provides insight into the market share of one of the major players in the industry.
Kellogg’s dominates the UK breakfast cereal market with 32.9% market share in 2020.
This statistic is a testament to Kellogg’s success in the UK breakfast cereal market, highlighting their impressive 32.9% market share in 2020. It serves as a reminder of the company’s dominance in the industry and provides a benchmark for other cereal brands to strive for.
The global breakfast cereal market is expected to grow at a CAGR of 4.3% from 202120 to 2025.
This is a valuable piece of information for anyone interested in the cereal market, as it can help them plan their strategies and investments accordingly. With a projected CAGR of 4.3%, the breakfast cereal market is set to experience steady growth over the next five years, making it an attractive option for those looking to capitalize on the industry’s potential.
Honey Nut Cheerios was the best-selling breakfast cereal in the US in 2020, with over $656 million in sales.
It is a clear indication that the cereal is a favorite among consumers, and its success in 2020 speaks to its continued success in the future. This statistic is an important piece of information for anyone interested in cereal sales statistics, as it provides a snapshot of the current market and the most successful cereal brands.
In 2020, Canada’s breakfast cereal market was valued at approximately $895.3 million.
Cereal is a popular and profitable product in Canada, and that there is a large demand for it. This is an important point to consider when discussing cereal sales statistics, as it provides insight into the potential for growth in the industry.
Children aged 6-12 years old make up the largest consumer group for breakfast cereal, representing 30% of total consumption in 2017.
This age group is the most likely to be influenced by marketing and advertising, and their consumption of cereal is a testament to the effectiveness of these campaigns. Furthermore, the fact that this age group accounts for 30% of total cereal consumption in 2017 indicates that the cereal industry is thriving and is likely to continue to do so in the future.
Hot cereals are expected to grow at a CAGR of 4.2% from 2021 to 2025.
This is important information for anyone interested in the cereal market, as it provides an indication of the potential for success in the sector. Furthermore, it can be used to inform decisions about investments, marketing strategies, and product development.
The US breakfast cereal market saw retail sales of $8.6 billion in 2019.
It is a clear indication that cereal is a staple in many American households and that the demand for cereal is strong. This statistic is an important piece of information for anyone interested in the cereal market and its potential for growth.
China had a $753 million breakfast cereal market in 2020.
The Chinese breakfast cereal market is a lucrative and growing industry, and that there is a great opportunity for businesses to capitalize on this trend. It also serves as a reminder that the cereal market is an important part of the Chinese economy, and that it is worth paying attention to.
The Asia Pacific region is expected to be the fastest-growing breakfast cereal market from 2021 to 2025, with a CAGR of 6.1%.
Companies selling breakfast cereals should consider investing in the Asia Pacific region to capitalize on this growth opportunity. Furthermore, this statistic provides a valuable insight into the potential of the breakfast cereal market in the Asia Pacific region, which can be used to inform marketing and sales strategies.
Organic breakfast cereal sales are expected to grow at a CAGR of 8.1% between 2021 and 2025.
Organic cereals are becoming increasingly popular, and that the market is likely to experience significant growth in the near future. This is an important piece of information for anyone interested in the cereal industry, as it provides insight into the potential for success in the sector.
The online sales channel for breakfast cereals is expected to register a CAGR of 7.3% from 2021 to 2025.
The online sales channel is likely to experience a steady growth over the next few years. This is an important piece of information for anyone interested in the cereal sales industry, as it provides a glimpse into the potential opportunities and challenges that may arise in the near future.
The gluten-free breakfast cereal segment is estimated to grow at a CAGR of 5% from 2021 to 2025.
The gluten-free breakfast cereal segment is expected to experience steady growth over the next few years. This could be a great opportunity for cereal companies to capitalize on the increasing demand for gluten-free products, and could be a key factor in driving sales and profits.
In Latin America, the breakfast cereal market value is projected to reach $3.76 billion by 2025.
The market is growing and is expected to reach a value of $3.76 billion by 2025. This is a significant milestone for the cereal industry, and it is a sign that the Latin American market is ripe for further growth and investment.
The Indian breakfast cereal market was valued at around $259 million in 2020.
Thus, there is a large demand for cereal products in India. This statistic is a valuable insight for anyone looking to gain a better understanding of the cereal market in India and the opportunities it presents.
Conclusion
In conclusion, cereal sales statistics show that cereal is still a popular breakfast food. Despite the decline in sales over the past few years, cereal remains a staple in many households.
The data also shows that cereal is a popular snack food, with sales increasing in the afternoon and evening hours. As the cereal industry continues to evolve, it will be interesting to see how the sales data changes in the future.
References
https://www.statista.com/outlook/cmo/food/bread-cereal-products/breakfast-cereals/united-states
https://www.globenewswire.com/news-release/2022/08/09/2494591/0/en/Breakfast-Cereal-Market-size-of-US-50120-million-by-2028-with-Impact-of-domestic-and-global-market-Top-players-2022-consumption-by-country-structure-Market-Trends-Segmentation-Mark.html
https://www.statista.com/statistics/545946/cereals-food-retail-sales-germany/
https://www.statista.com/statistics/526092/most-popular-cereal-and-grain-products-germany/
https://www.statista.com/outlook/cmo/food/bread-cereal-products/breakfast-cereals/china
https://www.statista.com/statistics/824413/china-retail-sales-volume-of-breakfast-cereals/
https://www.mordorintelligence.com/industry-reports/south-america-breakfast-cereals-market
https://www.globaldata.com/store/report/cereal-bars-bakery-cereals-market-in-south-america-outlook-to-2022-market-size-growth-and-forecast-analytics/
https://www.statista.com/outlook/cmo/food/bread-cereal-products/breakfast-cereals/canada
https://www.statista.com/statistics/445871/monthly-manufacturer-sales-of-breakfast-cereals-in-canada/
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