Zero-added Sugar Cereals Market Segmented By Organic, Conventional Nature in Powders, Whole Form in Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores Sales Channel
Industry: Food and Beverages
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Report Type: Ongoing
Report ID: PMRREP32814
According to latest research by Persistence Market Research, zero-added sugar cereals market is set to witness steady growth during 2021-2031. Demand for zero-added sugar cereals will witness steady growth in short-term, with optimistic growth outlook in the long-run. The sales of zero-added sugar cereals in retail sector will provide momentum to its market growth.
The higher intake of sugar than the prescribed normal has led consumers to suffer from several diseases and diabetes being the most common of all. Not only these the work-centric lifestyles have also raised the level of concerns to an ever high that consumers today are being very cautious about what they consume.
Moreover, the fact that increased calorie intake leads to an increase in the fat percentage of the body hinders the ever-growing need to look young. As more people opt for enriching edible products the more would be the demand for products like zero-added sugar cereals and hence more would be the market growth.
The demand for such breakfast options is increasing as the awareness about health among modern consumers is increasing. The market in most developed nations is sure to show optimistic growth and the market in developing ones would show slow but steady growth shortly. This shall bring a lucrative business opportunity for the manufacturers of zero-added sugar cereals.
According to the data published by the World Health Organization (WHO), 422 Mn people worldwide are suffering from diabetes, and the majority living in low- and middle-income countries. Every year an estimated 1.6 Mn deaths are directly attributed to diabetes each year. Both the number of cases and hence the prevalence are steadily increasing over the past few decades.
Such high numbers of affected people call for a good business opportunity. Cereals are among the most consumed daily meals and a product like zero-added sugar cereals is sure to grip consumers with the number of health benefits it has to offer. The manufacturers need to ensure proper marketing of the product to enhance its sales.
Europe is turning out to be the most lucrative marketplace for sugar-free edible products as most consumers are switching to such products in their daily diet. In this marketplace, more than two-thirds of the consumers think of reducing their sugar intake. Moreover, this marketplace also has the maximum number of sugar-free food & drinks launched.
Juice drinks & snacks are among the most sugar-less products and this depicts a lucrative business opportunity for the manufacturers of zero-added sugar cereals. The market is such demanding and dominating international market that it can result in a serious market expansion for the product.
Moreover, the inclination of people towards fitness and nutrition is also a potent reason for such high demand for sugar-less edibles in the European marketplace.
The average consumption of sugar in the U.S. is higher than the prescribed normal which has led to the higher prevalence of diabetes in the country. This is not just limited to adults but has its grip over the young population as well. But the health issues offered by such consumption have made consumers more aware and they are now looking forward to healthier alternatives to their conventional diet.
Cereals are among the most popular edibles in the U.S. daily and hence a better alternative or an improved version of the cereals is sure to have a positive impact on the consumers. This shall lead to an optimistic growth outlook for the overall market.
Some of the leading manufacturers and suppliers of zero-added sugar cereals includes
The key manufacturers are ensuring proper marketing of their product. They are collaborating with people having influence over their profession and are getting their products endorsed by them. Moreover, the companies are also ensuring proper transparency in the manufacturing process to have a positive impact over the consumers.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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