Edible Flakes Market is likely to expand at promising CAGR

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Edible Flakes Market size to exceed 25bn by 2025
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Key Insights from Edible Flakes Market

• Edible Flakes Market is expected to cross USD 25
  billion by 2025, according to research conducted.
  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.

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Continued...

• 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.
• 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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U.S. Edible Flakes Market Size, By Distribution
Channel, 2014 - 2025 (USD Billion)

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