Breakfast Food Market Report and Forecast 2025-2034

The global breakfast food market size was around USD 463.51 Billion in the year 2024. The market is estimated to grow at a CAGR of 5.10% between 2025 and 2034, reaching a value of nearly USD 762.23 Billion by 2034.

Key Trends in the Market

Breakfast food is the first meal of the day and is considered an important meal. It includes a variety of foods, such as cereals, snack bars, beverages, waffles, and pancakes. Breakfast foods can vary across cultures. For instance, while cereals, pancakes, and eggs, are common in the USA, Germans enjoy bread rolls served with meats, cheese, or spreads.

• Working consumers prefer breakfast from quick-service restaurants or fast-food establishments as they are convenient and time-saving. Brands seeking to attract these customers, need to pay attention to their demographics. For instance, while low household income shoppers are likely to spend at mass retail locations on toaster pastries, high-income millennials buy nutrition bars online.
• The popularity of organic foods is rising as these foods are grown naturally with no chemical inputs. As a result, they are safe for the environment and human consumption. Hence, consumers, worldwide are increasingly preferring organic breakfast foods, including fruits, bread, cereals, milk, and meat, which is expected to favour the breakfast food market demand.
• There is a surge in the number of people adopting vegan lifestyle around the world. As of 2022, there were 8 billion vegan people globally. These consumers support the demand for plant-based breakfast options such as protein powders and dairy alternatives for cheese, milk, and yoghurt, such as coconut yoghurt and oat milk yoghurt.

Market Segmentation

The report titled “Global Breakfast Food Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type:

• Breakfast Cereals
• Snack Bars
• Ready Meals
• Beverages
• Others

Market Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Speciality Stores
• Online
• Others

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Product Type

Within the food industry, the breakfast food market share is increasing, with cereal and cereal products witnessing a surge in popularity due to their nutritional value and ease of preparation. A serving of breakfast cereals with fruit and milk makes a great balanced breakfast as it helps meet nutritional requirements, providing a significant percentage of nutrients like carbohydrates, dietary fibre, and proteins. Since they are usually low in fat, nutrient-dense and fortified with essential vitamins and minerals, they provide consumers with a wholesome meal while aiding weight management. Cereals are gaining popularity as they are affordable, easy to prepare, and healthy. Opportunities for breakfast cereals lie in new launches that cater to the special taste preferences of regional consumers. For instance, the development of hot and savoury variants for Chinese consumers.

Meanwhile, breakfast beverages, such as vegetable juice, plain milk, smoothies, fruit juice, and others, are often consumed as an accompaniment to food. These beverages provide food with a more diversified taste while enhancing the nutritional profile of breakfast. Further, ready-to-eat breakfast foods, such as breakfast meals are convenient to prepare and rich in healthy whole-food ingredients like oats, fruit, nuts, and egg whites.

Market Share by Region

As per the breakfast food market analysis, North America occupies a significant share of the market. In North America, popular breakfast foods include cereals, pancakes, bacon, eggs, sausages, and French toast, among others. Further, an online survey commissioned in 2021, by General Mills (NYSE: GIS) Foodservice demonstrated that 62% consider breakfast as their favourite meal of the day while approximately 80% consume breakfast foods in other meals, such as lunch and dinner.

Meanwhile, in the Asia Pacific region, the prevalence of breakfast stalls/kiosks and convenience stores is rising in popularity as places where consumers eat breakfast. The growing urban population tend to eat breakfast at home less often while preferring breakfast vendors, including breakfast carts, convenience stores, and fast-food restaurants as these are easily accessible for those looking for quick breakfast solution. Additionally, premium breakfast venues, like coffee shops and bakery houses, also cater to the breakfast needs of customers, thereby contributing to the breakfast food market growth.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global breakfast food market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

General Mills Inc.

General Mills Inc., founded in Minneapolis, Minnesota, in 1928, is a manufacturer of processed consumer foods that owns over 100 brands in 100 countries, globally. The company offers consumers over 40 types of breakfast cereals under its Cheerios, Chex, Lucky Charms, and other brands and is also positioned as America’s No. 1 cereal company. Other breakfast products offered by the company are frozen French toast, waffles, bagels, and many more.

Del Monte Food Inc.

Del Monte Food Inc., established in 1886 is an original plant-based food company headquartered in the United States. The company provides healthy breakfast bowls at Walmart, a popular supermarket chain in the country. The breakfast bowls are a combination of 100% natural fruits, whole grain oats with honey, and yoghurt.

Nestlé S.A

Nestlé S.A . is a Swiss company founded in 1866. Over 90% of the company’s breakfast cereal recipes have whole grains as the number one ingredient. The company’s Nestlé Breakfast Cereals business caters to the needs of consumers in over 130 countries, globally. Additionally, the company is a significant producer of coffee, a breakfast beverage popular across various cultures.

Other players operating in the breakfast food market include Conagra Brands, Inc., The Kellogg Company, Dr. August Oetker Nahrungsmittel KG, Unilever Plc, The Kraft Heinz Company, ITC Limited, and Pladis Foods Ltd., among others.