The Edible Flakes Global Market Report 2023, provides comprehensive information on the edible flakes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global edible flakes market is expected to grow from $20 billion in 2022 to $21.79 billion in 2023 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The edible flakes market is expected to reach $29.38 billion in 2027 at a CAGR of 7.8%.
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Product innovation is a key trend gaining popularity in the edible flakes market. Major companies operating in the edible flakes market are developing new products to sustain their position in the market. For instance, in July 2023, Darrell Lea Confectionery Co., an Australia-based confectionery manufacturing company, launched the Crunchy Nut Corn Flakes chocolate block. The Crunchy Nut Corn Flakes chocolate block combines the creamy milk chocolate from Darrell Lea with Kellogg’s Crunchy Nut Corn Flakes and added peanuts. This combination offers a unique blend of flavors, combining the sweetness of chocolate with the crunchiness and nuttiness of cornflakes and peanuts.
The edible flakes market is segmented:
1) By Product: Wheat Flakes, Rice Flakes, Flakey Oats, Corn Flakes, Other Products
2) By Nature: Organic, Conventional
3) By Distribution Channel: Hypermarkets Or Supermarkets, Online Retailers, Specialty Stores
North America was the largest region in the edible flakes market in 2022.
The table of contents in TBRC’s edible flakes market report includes:
- Executive Summary
- Edible Flakes Market Characteristics
- Edible Flakes Market Trends And Strategies
- Edible Flakes Market – Macro Economic Scenario
- Global Edible Flakes Market Size and Growth
.
- Global Edible Flakes Market Competitive Benchmarking
- Global Edible Flakes Market Competitive Dashboard
- Key Mergers And Acquisitions In The Edible Flakes Market
- Edible Flakes Market Future Outlook and Potential Analysis
- Appendix
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