A Year of Innovation in the Breakfast Cereals Market 2023
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Explore the latest global innovations across the breakfast cereal industry in 2023. Our global breakfast cereals market report identifies the biggest launch activities, pivotal consumer attitudes and important advances of the year across regions like EMEA, APAC, and the Americas.
Value ranks as a top priority for consumers, with over half of UK consumers saying that a price discount would prompt them to buy a new breakfast cereal. Cereals remain a grocery essential for most consumers, and rather than just cutting prices, brands can demonstrate value with added nutrients and providing a source of energy.
Consumers in Asia are becoming more health-conscious, particularly around sugar, and this is having an affect on the breakfast cereal market. The breakfast cereals category has long been associated with ‘hidden’ sugar content. No/low sugar claims have seen a small increase among breakfast cereal launches, and brands will need to continue prioritising lower sugar content to retain health-conscious consumers.
Now more than ever, nostalgia is a powerful marketing tool. In the US, nearly two in five consumers are fond of flavours that remind them of their childhood. Despite craving the flavours of their youth, consumers generally look for healthier options as they get older. Brands have an opportunity to combine elements of nostalgia with better-for-you features.
Purchase our full report for an in-depth look at the latest innovations in the global breakfast cereal industry.
This report, written by Zoe Wong, food & drink analyst, delivers in-depth commentary and analysis to highlight global trends and innovation in breakfast cereals and add expert context to the numbers.
Innovation in the breakfast cereal fixture is focused around value-for-money features and healthier recipes. Indulgent and nostalgic flavours are also flourishing.
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Targeting adults, simplicity, grab-and-go formats and 'rule-breaking' NPD will be central, while longevity and blood glucose control will also provide opportunity. Honorata Jarocka, Principal Analyst ...
Find out more£ 2,195
Better-for-you attributes continue to inspire breakfast cereal innovation. Private label launches have gained share in North America. Mikolaj Kaczorowski, Innovation Analyst ...
Find out moreFrom consumer reports to customised growth strategies. We have an option to suit your business requirements.
Find out more