Over the past few years, edible flakes have substantially popular as one of the healthiest breakfast products. The major reason owing to which people are attracted towards edible flakes are the health advantages provided by it. Edible flakes are rich fibre, help in facing constipation issues, maintain the cholesterol levels etc. A large pool of populace all around the globe is consuming edible flakes as a meal during breakfast. Also, edible flakes have a low glycemic index and include low quantities of saturated fat, its intake among health-conscious consumers is likely to grow at a greater extent over the forecast period.
Massive inclination towards ready-to-eat food products in the developing countries is likely to increase the popularity of the edible flakes over the forecast period. Moreover, the varying dietary patterns of the customers together with a large preference for processed food owing to hectic lifestyle is projected to describe the growth of the edible flakes market during the forecast period. However, accessibility of alternate products including yoga bars, eggs, fresh fruits, yoghurt, energy drinks, etc. and high lactose intolerance in the established economies may be the restraining factors to the growth of the industry. More than 50% of the edible flakes are consumed with milk and most of the consumers are not able to digest the milk in morning breakfast due to its high lactose content.
The study analyses Global Edible Flakes market based on product, distribution channel and geography.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America is likely to hold majority of market share followed by Europe. Rising health concerns and increasing health issues such as diabetes, obesity, and digestive disorders are supplementing the growth of the region. Moreover, product & packaging innovations coupled with high adoption rate of new products in countries in the region are estimated to play a key role in increasing the demand for the product over the forecast period.
Nestlé S.A., The Kellogg Company, General Mills Inc., The Quaker Oats Company, Dr. August Oetker KG, Bagrry's India Ltd., PepsiCo Inc., Marico Ltd., H. & J. Brüggen KG, Nature's Path Foods and among others are the major players active in the Edible Flakes market.
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