Pune, India -- (SBWire) -- 12/17/2019 --A new report published by Infinium Global Research on "Edible Flakes Market (Product Type - Rice Flakes, Wheat Flakes, Corn Flakes, and Flakey Oats; Distribution Channel - Hypermarkets, Convenience Stores, Online Retailers, and Supermarkets): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." Edible flakes are widely used in the food sector for easy preparation of food and balanced nutritive and diet value of food. the edible flakes are available in many forms in the market. They are said to be easy-to-prepare and ready-to-eat meals due to growing busy schedules amongst consumers propel the growth of the global edible flakes market. The global edible flakes market is projected to grow at a CAGR of 10.00% over the forecast period of 2019-2025.
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Current Competitive Drivers within the Edible Flakes Industry
Growth in consumption of healthy packaged food and change in dietary patterns enhances growth for the edible flakes market. Rising per capita expenditure along with growing population lucratively boosts the growth of the global edible flakes market. Furthermore, growing income levels, rise in disposable incomes, rising economic conditions and increasing consumption of balanced and nutritious food products have a high possibility to generate great opportunities for the edible flakes market.
Flakey Oats Segment Dominates the Global Edible Flakes Market
According to the analyst, the scope of the market is analyzed by product type and distribution channel. Based on product type the market includes rice flakes, wheat flakes, corn flakes, and flakey oats. Based on distribution channels the market includes hypermarkets, convenience stores, online retailers, and supermarkets.
Flakey oats segment dominates the global edible flakes market. Flakey oats are kiln-dried, steamed and flattened flakes. They are nutritious and often observed as old-fashioned oats that provide essential proteins and other nutrients that boost good health. Supermarkets and hypermarkets hold the largest share in the global edible flakes market, owing to they are the most preferred distribution channels in the developed regions.
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Key Market Players in the Global Edible Flakes Market
Based on the analysis of the market, the leading companies in the study include Post Holding Company, H. & J. Brüggen KG, Kellogg's, Dr. August Oetker, Nestlé SA, Bagrrys India Limited, Nature's Path Foods, Patanjali, Arrowhead Mills, and Quakers Oat Company. In November 2019, they announced their plans regarding their open plans to deal with MNCs.
"We have three-four offers from global companies who are keen to do international deals with Patanjali," Acharya Balkrishna, CEO. "We are not averse to working with multinationals, as long as it doesn't clash with our values. We aren't rejecting them just because they are MNCs. We are looking at the offers."
Europe is Anticipated to Hold a Dominant Share in the Edible Flakes Market
Europe is accounted to holds the largest share in the global edible flakes market owing to changing lifestyles and growing preferences for the ready-to-eat products in the region. Asia-Pacific accounts for a substantial growth rate over the forecast period for its rising disposable income and purchase capacity in the region.
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About Infinium Global Research
Infinium Global Research provides in-depth insight regarding the market, its trends, indicators, and factors that drive and restrain the growth of the market. IGR expertise in the analysis of the market growth using analytical tools, that were also used to analyze the market for edible flakes market. Other than food and beverage, IGR also deals in the field of agriculture, automotive, aerospace and defense, chemical and materials, healthcare and medical devices, consumer goods and packaging, energy, infrastructure and mining, ICT, semiconductors and electronics and industrial automation.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the edible flakes.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
