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Global Market Insights, Inc. has added a new report on Edible Flakes market provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

Growing urbanization couple with shortage of time are altering people's lifestyle. Presently, a large part of the global population is residing a drift towards processed and ready-to-eat cereals. The above mentioned trends are boosting the demand for the use of edible flakes in breakfast and evening snacks. Furthermore, people shift towards healthier way of life are propelling the edible flakes market in the near future. Significant consumption of edible flakes in Asia Pacific is swelling the entire product market in future owing to the minimal cost and various health benefits offered by the product. However, increasing spending power and rising per capita income is majorly fueling the food and beverage industry in the region, i.e. directly swelling the edible flakes market in the expected timeframe.

Accessibility of numerous substitute products such as protein bars, yoghurt, fresh fruits, energy drinks, etc. coupled with lactose intolerance in some regions may prove to be an obstacle in the growth of edible flake market in the recent years. Nevertheless, increasing awareness for fitness and healthy eating habits will positively drive the product industry share in the coming timespan.

Based on the product segment, the market is categorized into wheat flakes, rice flakes, flakey oats and few others. Flakey oats is one of the major product as it captures over 20% market share in terms of revenue in 2018. The product is a great source of fiber and is made of oat grains, that is grounded, rolled or steel-cut. The nutritious value of the product will drive its demand in the coming years. The distribution channel segment is further segregated into online retailers, supermarkets & hypermarkets and convenience stores. Convenience stores apprehends a considerable market share in the forecast period with a CAGR over 8%.

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The edible flakes market is characterized by the presence of a large number of producers spread across the globe. Kellogg's, Post holding company, Quakers Oat Company, Nestlé SA, Dr. August Oetker, H. & J. Brüggen KG, Nature's Path Foods, Baggry's India Limited, Patanjali, Aarrow head mills, and others. Asia Pacific, mostly India and Australia has several medium and small-scale producers catering to demand from local customers. Increasing demand for the products across the developing economies is likely result in many new players entering the edible flakes market in forecast spell.

Global edible flakes market size will witness prominent gains in future with swelling consumer awareness regarding the health benefits of the product and surge in desire for low calories and balanced diet. The product has prominence in packaged food industry due to the balanced nutritional value and ease of preparation and consumption. Influence of western culture on dietary patterns and changing consumers foods habits is driving edible flakes market.

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Based on revenue, Asia Pacific will prove to be the fastest growing region for the edible flakes market growing with a CAGR over 11% in future. This is all due to the shifting food consumption pattern. Moreover, surge in health concerns among the customers will augment the sale of edible flakes across the region in the projected timeframe.

The key manufacturers with a widespread presence in the market are Kellogg's, Nestle S.A., General Mills, Dr. August Oetker, Post Holding Company, Nature's Path Foods, H. & J. Bruggen KG, Patanjali etc.

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These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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