The on the go breakfast packaging market is estimated to be valued at USD 1.45 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. The growing trend of health consciousness across the globe is driving the demand for convenient and healthy breakfast options. On-the-go breakfast packaging provides consumers the ease of carrying and consuming breakfast outside home. Various products available in the market include breakfast sandwiches, wraps, burritos, cereals & bars, etc. packaged for on-the-go consumption. The availability of high protein and nutritional contents in these packaged foods is attracting both health-conscious individuals as well as busy professionals and students with hectic schedules and limited time for breakfast preparations. The packaging aims to keep the products fresh for longer duration and prevent spillage of items during travel.
Market Dynamics:
The global on-the-go breakfast packaging market is driven by the rising trend of busy lifestyles and demand for convenient breakfast solutions. Growing urbanization and dual income households have reduced time for elaborate breakfast preparations at home. The market observes high growth opportunities across countries with increasing disposable incomes and consumer awareness about packaged nutritional foods. However, stringent regulations regarding materials used in food packaging and concerns over excessive packaging waste act as restraints. Rising popularity of plant-based and organic breakfast products presents lucrative opportunities for manufacturers. Innovation in packaging materials to increase shelf life while being environment-friendly can further boost the market reach.
Key Features of the Study:
- This report provides in-depth analysis of the global on-the-go breakfast packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global on-the-go breakfast packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Nestle S.A., Smurfit Kappa Group, DS Smith Plc, Mondi Group Plc, WestRock Company, International Paper Company, Coveris Holdings S.A., Berry Global Group Inc., Huhtamäki Oyj, Winpak Ltd., Schur Flexibles Holding GesmbH, Constantia Flexibles Group GmbH, Glenroy, Inc., ProAmpac LLC, Klockner Pentaplast, and Sonoco Products Company.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global on-the-go breakfast packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global on-the-go breakfast packaging market.
Detailed Segmentation-
- By Packaging Type:
- By Product Type:
- Breakfast Cereals
- Dairy-based Breakfast Drinks
- By Distribution Channel:
- Hypermarket/Supermarket
- Retail Stores
- Convenience Stores
- Online Selling
- Others (Direct Selling)
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Nestle S.A.
- Smurfit Kappa Group
- DS Smith Plc
- Mondi Group Plc
- WestRock Company
- International Paper Company
- Coveris Holdings S.A.
- Berry Global Group Inc.
- Huhtamäki Oyj
- Winpak Ltd.
- Schur Flexibles Holding GesmbH
- Constantia Flexibles Group GmbH
- Glenroy, Inc.
- ProAmpac LLC
- Klockner Pentaplast
- Sonoco Products Company