Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global On The Go Breakfast Packaging Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international On The Go
Breakfast Packaging Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global On The Go Breakfast Packaging Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global On
The Go Breakfast Packaging Market is offered. In
accordance with the report, the global On The Go Breakfast Packaging Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
On
the go breakfast packaging products are packaging solutions for grab-and-go
food products. Various breakfast products that include packaged food products
and convenience food are majorly driving this market. Egg meals, cereal meals,
beverages, bakery products, sandwiches and other breakfast items adopt for such
packaging solutions.
Market Drivers
The
surge in health awareness among the consumers has led them understand the
breakfast is the most important meal of the day. But the tight schedule of
population is forcing them to skip this meal. To provide the human body with
necessary food and nutrition, consumers are increasingly adopting grab-and-go
solutions which is indirectly driving this market.
Rapid
urbanization and the soaring number of nucleated families where both the
parents are working is fueling the consumption of on-the-go breakfast items.
Further, increasing participation of women in the workforce is reducing the
time spent on household kitchens and broadening the base on grab and go breakfast
product which is propelling the growth of the on-the-go breakfast packaging
market.
Rapid
increase in the middle-class population especially in the developing and
less-developed economies coupled with the hectic daily schedule of the
population is indulging the population in the adoption of on-the-go breakfast
solutions which is further bolstering this market.
The
popping up of various food outlets like bakeries and confectioneries,
restaurants, retail outlets that offer delivery of breakfast foods coupled with
the penetration of online food ordering platforms is skyrocketing the number of
meals that are transported and accelerating the growth of this market.
Market Restraints
The
distributional channels of on-the-go breakfast products is weak especially in
less developed economies and developing economies which is incapable of
eradicating the notion of lack of availability of these products among the
consumers and hindering the growth of this market.
The
on-the-go breakfast products have premium prices which is swaying away
consumers from using it and negatively affecting the on-the-go breakfast
packages market.
Further,
environmental concerns and the implementation of strict norms of the government
for environmental conservation is impeding the growth of this market. Although
packages are made out of a variety of raw materials, plastic is dominantly used.
This raw material usage is not eco-friendly for which the governments are
adopting policies to curtail their usage and hindering the growth of this
market.
Opportunities
The
cereal meals in the breakfast segment of on-the-go breakfast products are
recently crazy about of the inclusion of innovative packaging solutions in
these products which is expected to augment the growth of the on-the-go
breakfast products in the recent times.
The
rapidity of urbanization, transitioning life style patterns, and increasing
purchasing power is expected to provide lucrative opportunities for the
on-the-go breakfast packages market to prosper.
Trends
The
Rigid Packaging segment dominates the market for on-the-go breakfast packaging
solutions. Such domination is the result of advancement in innovative packaging
products. The growing demand for paper-based packaging solutions owing to
environmental concerns are trending in the on-the-go breakfast packaging
market. In case od developed economies the drive for such packages indirectly
comes from the minimalism patterns of lifestyle of the millennials. The use of
smartphones, internet facilities and development of the online food delivering
platforms is expected to broaden the base of this market.
Segment Covered:
This market
intelligence report on the global On The Go Breakfast Packaging Market encompasses market segments based on packaging type,
material type, breakfast products and country.
By Packaging
Type the global On The Go Breakfast Packaging Market has been divided into:
q Rigid
Packaging
o Rigid
Boxes
o Bottles
and Jars
o Cans
o Trays
o Others
(Folding Cartons and others)
q Flexible
Packaging
o Pouches
and Sachets
o Bags
and Sacks
By Material Type the global On The Go
Breakfast Packaging Market has been divided into:
q Plastic
o Polyethylene
(PE)
o Polypropylene
(PP)
o Polyvinyl
Chloride (PVC)
o Polyethylene
Terephthalate (PET)
o Others
q Paper
q Others
(Glass and others)
By Breakfast
Products the global On The Go Breakfast Packaging Market has been divided into:
q Milkshakes
and Juices
q Egg
Meals
q Sausages
and Salamis
q Cakes
and Muffins
q Sandwiches
and Burgers
q Breakfast
Bars
q Cereal
Bars
q Others
By country/region,
the global On The Go Breakfast Packaging Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Sonoco
Products company
q Berry
Global Inc
q Amcor
Limited
q Bemis
Company Inc
q Huhtamaki
OYJ
q Sealed
Air Corporation
q Wipak
Ltd
q Tetra
Laval International S.A.
q Coveris
Holdings S.A.
q Linpac
Packaging Ltd
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as On The Go Breakfast Packaging Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
Sonoco Products Company
In March 2019,
Silver Achievement Awards was awarded to Sonoco Products Company at the
Flexible Packaging Association (FPA) Annual Meeting.
Berry Global Inc
In July 2019,
the announcement with regard to the completion of acquiring RPC Group Plc was
made by Berry Global Inc. This acquisition was supposed to facilitate Berry
Global Inc to emerge as a globe’s biggest plastic packaging companies.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the On-The-Go
Breakfast Packaging Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world On The Go Breakfast Packaging Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for On-The-Go Breakfast Packaging caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for On-The-Go
Breakfast Packaging Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the On-The-Go Breakfast Packaging Market
v
Identification
of key factors driving investment opportunities in the On-The-Go
Breakfast Packaging Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants
