Russia Breakfast Cereal Market Research Report, 2030

Russians usually have breakfast around 7 AM or 8 AM before going to work. Russian households eat kasha (a type of porridge made from various grains), butter roast (a type of sandwich made with sliced bread and toppings like butter or ham), boiled or fried eggs. It is very common to add oatmeal tvorog (similar to cottage cheese) or muesli for breakfast. Coffee and tea are essential drinks for many Russians. Many people eat toast with cheese and drink juice for breakfast. Russians have their own ideas about how and what to eat. Russian people like to eat home-cooked food and rarely buy prepared meals at supermarkets. As a result, hot cereals are driving the growth of the market in the country. Also, weather plays an important role, as most of the time the climate is cold there, so consumers prefer hot breakfast meals accompanied with a cup of hot coffee or tea to maintain body temperature. According to the research report "Russia Breakfast Cereal Market Research Report 2030," published by Actual Market Research, the market is expected to be up by USD 640 Million by 2030. The breakfast cereal market consists of two types of cereals: Hot cereal and ready-to-eat cold cereal Instant cereal (RTE), also known as cold cereal, includes corn flakes, chocolate flakes, wheat flakes, muesli, and hot cereals, which are mainly oatmeal, oat bran, and porridge. The ready-to-cook segment is presently dominating the market due to the convenience of preparing the food and thus saving time. The hot cereal segment is expected to grow at a higher CAGR during the forecast period due to the growing concern regarding health and wellness among consumers. In addition to this, consumers are shifting toward oats and other hot cereals as a breakfast meal, which is further driving the hot cereal segment.

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There are 143.4 million people living in Russia, including 66.50 million men and 76.90 million women. An estimated 49.80 million people, or the majority of the population, are between the ages of 18 and 44 years. 107.55 million People live in urban regions, compared to 35.85 million people who live in rural areas. According to the World Bank, Russia is expected to have a GDP of $1.78 trillion USD, an inflation rate of 6.7%, and a per capita income of $12,172.8. The consumption of breakfast cereal also rises as a result of an increase in the population of adults and children, which eventually fuels the expansion of the breakfast cereal market in Russia. The main product of Russian agriculture has always been cereals, which occupy more than half of the arable land. Wheat is the main grain, followed by barley, rye, and oats. More than a third of the sown area is allocated to fodder crops (sown grass, clover, root crops, and maize in the south). The remaining arable land is used for industrial crops such as sunflowers, sugar beets, and flax, as well as potatoes and other vegetables. Cereals are getting increasingly popular in Russia; for example, oat flakes for breakfast. Now oatmeal porridge (or oatmeal) is a very popular dish for breakfast in a lot of Russian-speaking countries. Cornflakes, as well as muesli, are also becoming very popular. The supermarket/hypermarket category currently holds a sizable share in the Russia breakfast cereal market as a result of consumers' high reliance on the aforementioned distribution for food shopping and the expanding number of supermarkets in the city. The largest supermarkets in Russia are Magnit, Pyaterochka, Dixy, Lenta, and Auchan. Magnit is one of the largest supermarket chains in Russia. In 2021, they had 25,315 outlets across the country. The E-Commerce business is anticipated to grow at a remarkable CAGR over the forecast period as a result of increased internet penetration rates in Russia. Customers of e-commerce platforms have access to a large range of goods at attractive prices and a choice of payment options, including the currently popular credit cards, debit cards, and net banking.

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Nikita Jabrela

Business Development Manager

Market growth is primarily driven by changing eating habits and the influence of Western culture on consumer eating habits. They provide a convenient solution for easily accessible food that optimizes consumption without additional preparation. People's growing health consciousness is also revitalizing the market, which means that consumers regularly prefer nutritious foods. In addition, strong growth in convenience stores is driving brand awareness and growth in the breakfast cereal market. Market limitations may be the ready availability of alternative options, highly volatile raw material prices, and strict regulations regarding the commercialization of products. One of the most important considerations when purchasing breakfast cereals is the sugar content. In recent years, consumers, especially millennials and Gen Z, have become more conscious of the sugar content of grain products. This means that more and more people are looking for breakfast cereals with no added sugar or low sugar content. The companies are launching another variation with dried fruit or coconut sugar. Considered in this report • Historic year: 2019 • Base year: 2024 • Estimated year: 2025 • Forecast year: 2030

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Aspects covered in this report • Breakfast Cereal market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Hot Cereal • Ready to eat By Ingredient Type • Wheat • Rice • Corn • Oats • Barley • Others By Distribution Channel • Supermarket & Hypermarket • Convenience Stores • E-Commerce/Online • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Breakfast cereal industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.