Market Overview:
The global instant porridge market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, changing lifestyles, and increasing disposable income. In terms of type, the meat porridge segment is expected to grow at a higher CAGR than the plain porridge segment during the forecast period. This can be attributed to rising demand for healthy and convenient food options among consumers. In terms of application, personal use is expected to account for a larger share of the global instant porridge market than group use during the forecast period.
Product Definition:
Instant porridge is a type of breakfast cereal that is made from oats. It can be prepared quickly by adding hot water or milk to the dry cereal, and it is often eaten with milk, sugar, and raisins. Instant porridge has a high fiber content and provides many essential vitamins and minerals. It can be a healthy way to start the day for people who are on the go.
Meat Porridge:
Meat porridge is a dish made of meat and water or stock. It can be consumed as it is or with some vegetables and grains. The growth factor in the market for instant porridge is that meat porridge has been used by almost all the population groups including children, old aged people, working class people & college students over the world. Meat Porridges are also considered to be an important part of many cultural festivals across the globe which adds to its growth factor in this market.
Plain Porridge:
Plain porridge is a simple food product made from oats, water and salt. It can be consumed as breakfast or as a snack. Oats are considered to be an excellent source of various nutritional ingredients such as carbohydrates, vitamins and minerals like iron, magnesium and zinc which makes it the best diet food available in nature.
Application Insights:
The group application segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing number of hotels, restaurants and food chains serving instant porridge as a breakfast item. Moreover, growing preference for on-the-go breakfasts is expected to boost demand over the forecast period.
The personal application segment accounted for a significant share in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding healthy eating habits coupled with an increase in spending capacity among consumers across developing countries such as China, India.
Regional Analysis:
Europe was the largest market for instant porridge, accounting for a share of more than 30.0% in 2017 owing to high demand from countries including U.K., Germany, and France among others. Moreover, growing health awareness is expected to fuel the product demand over the forecast period. Asia Pacific is projected to be one of the fastest-growing markets with a CAGR exceeding 5% during the forecast years due to increasing disposable income levels and changing eating habits of consumers towards ready-to-eat food products in developing countries such as China and India among others.
Growth Factors:
- Increasing demand for convenience foods: The Instant Porridge market is driven by the increasing demand for convenience foods, as consumers lead busier lives and are looking for quick and easy meal solutions.
- Rising health awareness: There is a growing trend of consumers becoming more health-conscious, which has led to an increase in demand for healthier breakfast options such as Instant Porridge.
- Growing popularity of porridge oats: The popularity of porridge oats is on the rise, with many people viewing them as a healthy and nutritious breakfast option. This is benefiting the Instant Porridge market as oats are one of the main ingredients used in making instant porridges.
- Innovation in product offerings: Manufacturers are constantly innovating their product offerings to appeal to different consumer segments, which is helping to drive growth in the Instant Porridge market. For example, there has been an increase in products that cater specifically to vegan or gluten-free diets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Instant Porridge Market Research Report
By Type
Meat Porridge, Plain Porridge
By Application
Personal, Group
By Companies
AMANO FOODS, QUAKER, Tesco, GROD, MOMA, Mornflake, Sunny, Grace, Tongfu, WuFangZhai, HaiFuSheng, XinMeiXiang, Subo, Dongwon F&B, Bob's Red Mill
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Instant Porridge Market Report Segments:
The global Instant Porridge market is segmented on the basis of:
Types
Meat Porridge, Plain Porridge
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Group
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AMANO FOODS
- QUAKER
- Tesco
- GROD
- MOMA
- Mornflake
- Sunny
- Grace
- Tongfu
- WuFangZhai
- HaiFuSheng
- XinMeiXiang
- Subo
- Dongwon F&B
- Bob's Red Mill
Highlights of The Instant Porridge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meat Porridge
- Plain Porridge
- By Application:
- Personal
- Group
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Instant Porridge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Instant porridge is a type of breakfast cereal that is made by boiling water and then adding oats, milk, or other ingredients.
Some of the major companies in the instant porridge market are AMANO FOODS, QUAKER, Tesco, GROD, MOMA, Mornflake, Sunny, Grace, Tongfu, WuFangZhai, HaiFuSheng, XinMeiXiang, Subo, Dongwon F&B, Bob's Red Mill.
The instant porridge market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instant Porridge Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Instant Porridge Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instant Porridge Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Instant Porridge Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Instant Porridge Market Size & Forecast, 2020-2028
4.5.1 Instant Porridge Market Size and Y-o-Y Growth
4.5.2 Instant Porridge Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Meat Porridge
5.2.2 Plain Porridge
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Group
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instant Porridge Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Instant Porridge Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Meat Porridge
9.6.2 Plain Porridge
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Group
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Meat Porridge
10.6.2 Plain Porridge
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Group
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Meat Porridge
11.6.2 Plain Porridge
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Group
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Meat Porridge
12.6.2 Plain Porridge
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Group
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Meat Porridge
13.6.2 Plain Porridge
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Group
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Instant Porridge Market: Competitive Dashboard
14.2 Global Instant Porridge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMANO FOODS
14.3.2 QUAKER
14.3.3 Tesco
14.3.4 GROD
14.3.5 MOMA
14.3.6 Mornflake
14.3.7 Sunny
14.3.8 Grace
14.3.9 Tongfu
14.3.10 WuFangZhai
14.3.11 HaiFuSheng
14.3.12 XinMeiXiang
14.3.13 Subo
14.3.14 Dongwon F&B
14.3.15 Bob's Red Mill
