Asia Pacific was the largest region in the global breakfast cereal market, accounting for 51% of the market in 2019. North America was the second largest region accounting for 19% of the global breakfast cereal market. Africa was the smallest region in the Global Breakfast Cereal Market.
To preserve nutrients and eliminate
harmful microorganisms in canned, pickled or dried fruits and vegetables, fruit
and vegetable canning companies are using high pressure pasteurization
technique. High pressure pasteurization is a cold pasteurization technique in
which sealed or packaged products are introduced into a vessel and subjected to
high pressure of 87,000 pounds per square inch or the equivalent of 5,500
atmospheres using water. The high pressure inactivates viruses, bacteria, yeasts,
parasites or moulds present in the food extending shelf life and preserving
nutrients. Some of the companies using high pressure pasteurization include
Agroindustrias Aib, Fresherized Foods, Maryland Packaging.
The breakfast cereals market consists of sales of breakfast cereals such as corn flakes, muesli and porridge oats by entities (organizations, sole traders and partnerships) that produce breakfast cereal products. The companies in the industry process raw materials into breakfast cereals, package and distribute them through various distribution channels to both individual customers and commercial establishments.
The global breakfast cereal market
is expected to grow from USD 55.8 billion in 2019 to USD 56.5 billion in 2020
at a compound annual growth rate (CAGR) of 1.3%. The low growth is mainly due
to economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and grow at a
CAGR of 6% from 2021 and reach USD 66.4 billion in 2023.
For More Information,
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Global
Breakfast Cereal Market
Related Reports:-
Global
Breakfast Cereals Market Analysis 2013-2018 and Forecast 2019-2024
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Ankur Gupta, Head Marketing & Communications
