Sellbyville, DE -- (SBWIRE) -- 05/16/2019 -- Global Market Insights, Inc. provides a detailed overview of edible flakes market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

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.

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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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Based on distribution channel, the market is classified in three categories namely supermarkets & hypermarkets, online retailers and convenience stores. Supermarkets & hypermarkets segment will register a revenue of approximately USD 12 billion by 2025. Online retailers will witness favorable growth trends with a CAGR more than 6%. This segment will gain popularity due to provision of single platform for large number of products along with customer convenience.

Europe will be a major market for edible flakes and is likely to reach over USD 10 billion over the forecast spell. The consumer spending on healthier, and convenient foods grew due to promising economic development over the last few years. For instance, consumers in Germany have a developed preference for products with good health and wellness characteristics.

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Asia Pacific shows prominent future for edible flakes market with a CAGR around 11%. This is all due to the shift in population growth coupled with positive economic trends over the time. Hence, will drive the food and beverage industry leading to rise in global market by 2025.

The major manufacturers of the market are General Mills, Post Holding Company, Nestlé S.A., Dr. August Oetker, Kellogg's, Patanjali, H. & J. Brüggen KG, Nature's Path Foods, etc.

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