PUBLISHER: IMARC | PRODUCT CODE: 1792432
PUBLISHER: IMARC | PRODUCT CODE: 1792432
The global breakfast food market size reached USD 465.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 625.9 Billion by 2033, exhibiting a growth rate (CAGR) of 3.4% during 2025-2033. The growing consumer health awareness as a result of the rising incidence of chronic lifestyle disorders, such as obesity and diabetes, is bolstering the market.
Rising Adoption of Health-Conscious Options
Consumers are increasingly looking for low-sugar, high-fiber, and protein-rich breakfast options. Hence, popular brands are launching fortified and whole-grain products in response to the growing demand for healthful and balanced breakfast options. For example, in June 2024, Marico announced the launch of Saffola Muesli to strengthen its breakfast menu. The company also aims to leverage the brand's equity in the adult breakfast segment.
Growing Popularity of Convenient and On-the-Go Products
Busy lifestyles are boosting demand for quick breakfast choices, including ready-to-eat dishes, bars, and smoothies. These items offer rapid nourishment to consumers who have limited time in the morning. In September 2024, Maple Leaf Foods launched new breakfast protein products under the Schneiders brand, i.e., Schneiders Breakfast Sandwiches and Breakfast Bites.
Increasing Importance of Protein-Enriched Breakfast
Protein-enriched breakfast foods are becoming increasingly popular as customers prioritize physical health and sustained energy throughout the day. Brands are offering protein-enhanced versions of popular breakfast products to fulfill the rising demand for more protein in daily meals. In May 2024, Kellanova launched a protein-packed version of Eggos, which contains 10 grams of protein in a two-waffle serving.
Wheat is widely used in cereals and bread, and rice-based breakfast foods are preferred by gluten-free consumers. Oats are gaining popularity due to their health advantages, such as fiber content. Corn is commonly utilized in cereals and snack bars. Barley, recognized for its nutritious qualities, is increasingly being included in health-conscious breakfasts.
Cereals and other dry foodstuffs are typically stored in boxes, which are both durable and convenient. Pouches are becoming increasingly popular for their ease, portability, and resealability, particularly for on-the-go breakfast alternatives such as granola and oatmeal. These segments are elevating the breakfast food market revenue.
Hypermarkets and supermarkets are popular owing to their diverse product offerings and accessibility. Independent retailers cater to specific markets, selling local or unique merchandise. Specialist retailers specialize in health-conscious or organic items. In contrast, convenience stores cater to on-the-go customers by giving easy access to ready-to-eat breakfast alternatives for busy lives.
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
The growing preference for high-protein and plant-based breakfast items has an impact on the breakfast food sector in North America. In Asia Pacific, traditional breakfast foods are mixed with modern and quick-prep choices. The market in Europe is driven by sustainability and environmentally friendly packaging. Latin America is experiencing an increase in demand for functional foods, while the Middle East and Africa region is seeing an expansion in the popularity of fortified cereals and energy-boosting breakfast items to satisfy nutritional requirements.
Competitive Landscape