Research Nester has released a report titled “Liquid Breakfast Products Market – Global Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
Bureau of Labor Statistics, U.S. Department of Labor stated in one of their statistical report that in the year 2018, full time employed persons worked on an average of 9.5 hours of work time on weekends and 5.4 hours on weekends.
The statistics provide a clear picture of the growing hectic schedule of the working class. Being unable to provide sufficient time in personal care activities, such as cooking, the working class is observing issues with ill health with change of time. Owing to such a factor, people around the globe are changing their lifestyle habits and increasing their preferences for food that are tasty, healthy and foods known to have low or no side-effects.
Liquid breakfasts are substitute of a solid regular food meal, and usually contain controlled quantities of calories and nutrients. These food products serves as quick meal replacements and thereby helps in saving food preparation time and consumption time, therefore making a better choice amongst the working class of population. Growing changes in lifestyle of the human population along with preference for on-the-go food products, all of these factors are anticipated to support the growth of the liquid breakfast products market.
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The liquid breakfast products market is anticipated to record a CAGR of around 6.10% over the forecast period, i.e. 2019-2027. The market is segmented by packaging type into cups & tubs, carton packaging and bottles & pouches. Among these segments, the bottles & pouches segment is anticipated to hold largest market share, owing to ease of carrying such product form and as they are easy to store and refrigerate. Furthermore, bottles & pouches can be recycled easily, thereby promoting sustainable packaging methods and also provide an extra edge to marketers for greater advertising packaging concepts, which is contributing significantly to the growth of the segment.
Geographically, the liquid breakfast products market is segmented by five major regions into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa region, out of which, North America and Europe is expected to hold largest market share on the back of presence of large number of consumers consuming authentic and natural yogurts, which is treated as a base of major liquid breakfasts, coupled with presence of numerous producers and consumers in the region. Furthermore, rise in the number of population who prefer on-the-go healthy food products is also expected to support the growth of the market in the region.
However, concern for consumers getting confused in differentiating between a healthy snack and beverage owing to negative appeal of products, combined with strict regulations by the government for providing correct nutrient content along various developed and developing economies are estimated to act as a barrier to the growth of the market during the forecast period.
This report also studies existing competitive scenario of some of the key players of the liquid breakfast products market, which includes profiling of Kellogg NA Co., Billington Group, Chobani, LLC, Müller Milk & Ireland, Weetabix, Nestle Health Science, Soupologie Limited, Tia Gazpacho, Sanitarium and ICONIC Protein.
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The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Liquid Breakfast Products Market – Global Demand Analysis & Opportunity Outlook 2027”, analyses the overall liquid breakfast products industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the liquid breakfast products market in the near future.
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