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ON THE GO BREAKFAST PACKAGING MARKET ANALYSIS

On The Go Breakfast Packaging Market, By Packaging Type (Rigid and Flexible), By Product Type (Breakfast Cereals and Dairy-based Breakfast Drinks), By Distribution Channel (Hypermarket/Supermarket, Retail Stores, Convenience Stores, Online Selling, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jun 2024
  • Code : CMI3602
  • Pages :125
  • Formats :
      Excel and PDF
  • Industry : Packaging

Regional Analysis

On The Go Breakfast Packaging Market Regional Insights

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North America has dominated the on-the-go breakfast packaging market for many years owing to its large consumer base and busy lifestyles that promote convenience packaging. The region is expected to account for 38.8% of the market share in 2024. The region is home to several global food brands that were early adopters of innovative breakfast packaging formats. Several private label brands across major retail chains in the U.S. and Canada also offer an extensive range of on-the-go breakfast options, further fuelling the market growth.  A major factor for North America's dominance is the high per-capita spends on packaged breakfast foods and beverages. Many North American consumers view breakfast as an important meal but lack time to prepare homemade options due to long commute hours and work schedules. This has created robust demand for single-serve, easy-to-consume breakfast items packaged in paperboard cartons, plastic pots, cans and flexible pouches. Stringent food safety standards and regulations in the region also assure consumers of product quality and shelf-life.

The Asia Pacific region has emerged as the fastest growing market for on-the-go breakfast packaging over the past five years. Rapid urbanization, rising disposable incomes and exposure to Western lifestyles have boosted appetite for convenient pre-packaged breakfast alternatives. Countries like India, China, Indonesia, and Vietnam in particular are demonstrating high double-digit growth rates owing to their large and young populations adopting busy urban lifestyles.  A major growth driver in Asia Pacific is the expanding presence of global CPG companies promoting their international breakfast brands. However, local and regional food firms are also innovating breakfast packaging formats tailored to traditional Asian diets like cupped noodles and bun sandwiches. This is resonating well with local tastes. Improving cold chain infrastructure as well as an increasingly hectic workforce are other factors fueling the packaged breakfast boom and the need for suitable on-the-go packaging in Asia Pacific markets.

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