What is Global Edible Flake Market?
The Global Edible Flake Market is a vast and dynamic sector that encompasses a variety of edible flakes consumed worldwide. These flakes are typically made from grains and are often used in breakfast cereals, baking, and other culinary applications. The market is driven by factors such as the increasing demand for convenience foods, the rising health consciousness among consumers, and the growing popularity of Western dietary habits in emerging economies. The market is also influenced by trends such as the increasing demand for gluten-free products and the growing popularity of vegan and vegetarian diets. The Global Edible Flake Market is a complex ecosystem involving various stakeholders, including raw material suppliers, manufacturers, distributors, and end consumers. It is characterized by intense competition, with players vying for market share through product innovation, strategic partnerships, and mergers and acquisitions.
Corn Flakes, Wheat Flakes, Rice Flakes, Flakey Oats, Others in the Global Edible Flake Market:
The Global Edible Flake Market is segmented based on the type of flakes, which include corn flakes, wheat flakes, rice flakes, flakey oats, and others. Corn flakes are perhaps the most popular type of edible flakes, known for their crisp texture and mild flavor. They are often consumed with milk or yogurt and are a staple breakfast item in many households. Wheat flakes, on the other hand, are made from whole wheat grains and are known for their high fiber content. Rice flakes, also known as poha in India, are made from flattened rice and are used in a variety of dishes. Flakey oats are a type of rolled oats that are often used in baking and breakfast cereals. Other types of flakes include barley flakes, rye flakes, and spelt flakes. Each type of flake has its unique characteristics and uses, catering to different consumer preferences and dietary needs.
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers in the Global Edible Flake Market:
The Global Edible Flake Market finds its usage in various areas such as supermarkets and hypermarkets, convenience stores, and online retailers. Supermarkets and hypermarkets are the traditional channels for purchasing edible flakes, offering a wide variety of products under one roof. Convenience stores, on the other hand, cater to the on-the-go consumer who values convenience and speed. They typically offer a limited range of products but are strategically located to maximize customer footfall. Online retailers are a relatively new channel for purchasing edible flakes, but their popularity has surged in recent years due to the convenience and variety they offer. Consumers can browse through a wide range of products at their leisure, compare prices, read reviews, and have the products delivered to their doorstep.
Global Edible Flake Market Outlook:
The Global Edible Flake Market has shown promising growth in recent years. In 2023, the market was valued at US$ 17860 million. It is projected to reach a value of US$ 24370 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2024 to 2030. This growth can be attributed to various factors such as the increasing demand for convenience foods, the rising health consciousness among consumers, and the growing popularity of Western dietary habits in emerging economies. The market is also expected to benefit from trends such as the increasing demand for gluten-free products and the growing popularity of vegan and vegetarian diets.
| Report Metric | Details |
| Report Name | Edible Flake Market |
| Accounted market size in 2023 | US$ 17860 million |
| Forecasted market size in 2030 | US$ 24370 million |
| CAGR | 4.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | General Mills, Post Holding Company, Nestlé S.A., Dr. August Oetker, Kellogg’s, Patanjali, H. & J. Brüggen KG, Nature’s Path Foods |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
