What is the size of the edible flakes market?

The market size of edible flakes reached USD 22 billion in 2023 and is set to record over 6.5% CAGR between 2024 and 2032, as consumers are increasingly seeking healthier food options, driving the demand for edible flakes that are perceived as nutritious.

Why is the demand for edible corn flakes surging?

Corn flakes segment was valued at USD 10 billion in 2023, as they are known for their neutral taste and versatility, making them suitable for various consumer preferences.

How big is Europe edible flakes industry?

Europe market size was USD 8 billion in 2023, due to the rise of plant-based diets and the popularity of gluten-free products that have influenced the formulation of edible flakes in the region.

Edible Flakes Market Trends

Report ID: GMI3228

Published Date: January 2024

Report Format: PDF

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Edible Flakes Market Trends

Environmental concerns have prompted a shift towards sustainable practices in the food industry. This includes the use of eco-friendly packaging materials for edible flakes, such as recyclable or compostable materials. Brands are increasingly incorporating sustainability into their messaging and product positioning to resonate with environmentally conscious consumers.

The edible flakes market is evolving in response to changing consumer expectations and broader trends in the food industry. The emphasis on health, plant-based options, innovation, and sustainability are driving forces shaping the landscape of edible flakes. As consumer preferences continue to evolve, the market is likely to see further diversification and innovation in product offerings.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Question(FAQ) :

What is the size of the edible flakes market?: The market size of edible flakes reached USD 22 billion in 2023 and is set to record over 6.5% CAGR between 2024 and 2032, as consumers are increasingly seeking healthier food options, driving the demand for edible flakes that are perceived as nutritious.
Who are the key players in the edible flakes market?: Kellogg's, Nestl
Why is the demand for edible corn flakes surging?: Corn flakes segment was valued at USD 10 billion in 2023, as they are known for their neutral taste and versatility, making them suitable for various consumer preferences.
How big is Europe edible flakes industry?: Europe market size was USD 8 billion in 2023, due to the rise of plant-based diets and the popularity of gluten-free products that have influenced the formulation of edible flakes in the region.

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Authors: Kiran Pulidindi, Akshay Prakash

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Premium Report Details

Base Year: 2023

Companies covered: 15

Tables & Figures: 135

Countries covered: 21

Pages: 300

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Edible Flakes Market Trends

Edible Flakes Market Trends

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