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Report Overview

The North America breakfast cereal market reached around USD 24.70 Billion in 2024. The market is projected to grow at a CAGR of 3.20% between 2025 and 2034, reaching almost USD 33.84 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • In 2020, nearly 283 million Americans consumed boxed cereals.

  • 9% of American consumers prefer to have plant-based milk (such as soy or almond) with their cereals. 

  • Manufacturing and distributing cereals within the budget of each consumer is expected to remain organisations’ key priority.

Compound Annual Growth Rate

Value in USD Billion

3.2%

2025-2034


North America Breakfast Cereal Market Outlook

*this image is indicative*

North America Breakfast Cereal Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 24.70
Market Size 2034 USD Billion 33.84
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 3.20%
CAGR 2025-2034 - Market by Country United States of America 2.9%
CAGR 2025-2034 - Market by Type Ready-to-eat Cereals 3.6%
CAGR 2025-2034 - Market by Distribution Channel Online 8.3%
2024 Market Share by Country United States of America 86.3%

North America Breakfast Cereal Market Growth

Nearly 70% of American households consume cereal. More than 50% consume it weekly, while the rising health consciousness is prompting 12% of households to consume it daily. Despite the rising inflation rates, cereal has remained an important breakfast meal for Americans, with 67% of Gen Zs in the USA consuming cereal at least weekly. Cow or dairy milk is the most preferred method for cereal consumption in the United States, with merely 3% of consumers preferring to have it with yoghurt. Nearly 45% of the generation of baby boomers in the country prefers to have cereal at least weekly.

Cereals’ flavour and price play a key role in influencing American consumers’ purchase decisions. Kashi and Kellog’s Special K cereals enjoy a high degree of popularity among people. Moreover, with rising awareness about the importance of optimal health, over one-third of the American population is seeking healthy breakfast options with high fibre and low sugar content. This is prompting market players to introduce keto-friendly and gluten-free cereals into the market.

Consumers earning over $150K+ are expected to become the key audience for such cereals since they prioritise brand and quality over cereals’ price. The demand for healthy cereals is also expected to witness a significant surge amongst the Gen Z population over the forecast period.

North America Breakfast Cereal Industry Segmentation

North America Breakfast Cereal Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Ready-to-cook Cereals
  • Ready-to-eat Cereals

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Market Breakup by Country

  • United States of America
  • Canada

CAGR 2025-2034 - Market by Type
Ready-to-eat Cereals 3.6%
Ready-to-cook Cereals XX%
CAGR 2025-2034 - Market by Distribution Channel
Online 8.3%
Supermarkets and Hypermarkets 3.4%
Convenience Stores XX%
Others XX%
CAGR 2025-2034 - Market by Country
United States of America 2.9%
Canada XX%

North America Breakfast Cereal Market Share

Based on distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, and online, among others. Over the forecast period, online distribution channels are projected to grow at a CAGR of 8.3% during 2025-2034 as they give consumers access to a wider range of cereal choices for different age groups.

2024 Market Share by Country
United States of America 86.3%
Canada XX%

Leading Companies in the North America Breakfast Cereal Market

Key players are capitalising on the rising health-consciousness by launching breakfast cereals with high fibre and low-sugar content.

  • Nestlé SA
  • PepsiCo, Inc.
  • Kellog Company
  • Bob's Red Mill Natural Foods, Inc.
  • Post Holdings, Inc. (Weetabix Limited)
  • General Mills Inc.
  • Nature’s Path Foods, Inc.
  • B&G Foods, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached nearly USD 24.70 Billion in 2024.

The market is projected to grow at a CAGR of 3.20% between 2025 and 2034.

The market is assessed to witness a healthy growth in the forecast period to reach around USD 33.84 Billion in 2034.

The different types of breakfast cereals in the market include ready-to-cook cereals and ready-to-eat cereals.

The different distribution channels of breakfast cereal in the market include supermarkets and hypermarkets, convenience stores, and online, among others.

The different countries covered in the market report are the United States of America and Canada.

The key market players are Nestlé SA, PepsiCo, Inc., Kellog Company, Bob's Red Mill Natural Foods, Inc., Post Holdings, Inc. (Weetabix Limited), General Mills Inc., Nature’s Path Foods, Inc., and B&G Foods, Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Distribution Channel
  • Region
Breakup by Type
  • Ready-to-cook Cereals
  • Ready-to-eat Cereals
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nestlé SA
  • PepsiCo, Inc.
  • Kellogg Company
  • Bob's Red Mill Natural Foods, Inc.
  • Post Holdings, Inc.
  • General Mills Inc.
  • Nature’s Path Foods, Inc.
  • B&G Foods, Inc.
  • Others

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