Ultra Market Research | Porridge Market
Porridge Market Analysis: Trends and Growth Forecasts

Porridge Market

  • Report ID : 539

  • Category : Food-and-Beverage

  • No Of Pages : 150

  • Published on: July 2024

  • Status: Published

  • Format : Power Point PDF Excel Word

Key Question Answer

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Global Market Outlook

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In-depth analysis of global and regional trends

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Analyze and identify the major players in the market, their market share, key developments, etc.

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To understand the capability of the major players based on products offered, financials, and strategies.

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Identify disrupting products, companies, and trends.

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To identify opportunities in the market.

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Analyze the regional penetration of players, products, and services in the market.

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Comparison of major players financial performance.

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Evaluate strategies adopted by major players.

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Recommendations

Porridge Market

A hot porridge is made by heating grains or beans in milk or water until they are soft and viscous. It's typically offered at breakfast. Because it can be made with so many various components, porridge is very versatile. For a sweet dish, add fruit and other sweet ingredients, such as honey. It can provide muesli with vegetables and meat for a tastier dinner.
Perhaps the most popular type is muesli porridge. Among other types, rolled, steel-cut, or instant oats can be used to make it.
Porridge is made by boiling grains such as wild rice, quinoa, barley, oats, or farro in liquids such as milk, water, or dairy alternatives. The lengthy cook time needed to create porridge might be shortened by using cracked, crushed, rolled, or pearled grains. The starch in the grains is released as they start to break down because to the heat. Muesli is one variety of muesli.

Key Players
Avena Foods Limited (Canada)
Blue Lake Milling Pty Ltd (Australia)
General Mills, Inc. (United States)
Grain Millers, Inc. (United States)
Morning Foods Ltd (United Kingdom)
Richardson International (Canada)
The Quaker Oats Company (United States)


Segmentation

•    By Type
o    Congee
o    Bubur ketan hitam
o    Frumenty
o    Gruel
o    Hasty pudding
o    Oatmeal
o    Chatang


•    By Ingredient
o    Oats
o    Quinoa 
o    Barley
o    Topped 
o    Honey
o    Maple syrup
o    Fruit and nuts
•    By Thickness
o    Thin-film 
o    Bulky batteries


•    By Flavour
o    Sweet Porridge
o    Savory Porridge


•    By Distribution Channel
o    Supermarkets/Hypermarkets
o    Convenience Stores
o    Online Retail


Market Dynamics
Driver 
an increased knowledge of the health benefits of consuming whole grains and high-fiber diets. Porridge is a traditional breakfast dish made with whole grains and either milk or water. It is far healthier than boxed cereals. Its high fibre content makes digestion easier and helps to keep blood sugar levels in check. One of the benefits of muesli that is less commonly known is that it reduces inflammation. By increasing the number of good bacteria that regulate inflammation, whole wheat polyphenols have the ability to positively alter the gut microbiota. There is evidence that eating porridge for breakfast can prolong life and avoid chronic illnesses. Porridge is among the healthiest things you can eat.. First of all, it's a fantastic source of fibre, which aids with digestion, and carbohydrates, which provide energy. A cup of porridge contains more fibre than a slice of wholemeal bread, so consider switching from toast to muesli on sometimes.
Our diets may have an impact on our cholesterol levels, and oatmeal is one food that may help.

Restraints
There is a chance that competition from other useful breakfast options will affect market growth. Some consumers may find porridge bland compared to other tasty breakfast options, which could reduce its attractiveness. Grain allergies may make some types of porridge less popular. However, the cost of boxed porridge relative to other breakfast options and the availability of substitutes are preventing market expansion throughout the projected period. Porridge intake on a large scale is associated with gas and digestive problems, which may impede the growth of the global market.


Opportunity
Food and beverage manufacturers are employing key ingredients to improve the taste and nutritional content of their products while also considering the health benefits of porridge. Aside from that, the usage of porridge for maintaining and preventing health is expected to contribute to a good development in value throughout the course of the projection period. While baked items are typically made using wheat flour, oatmeal offers a delicious and nutritious alternative baking purpose. It follows that there would likely be a rise in the demand for porridge.


Recent Industry Insight
On Sep. 2022, Quaker expands its Portfolio with Ready-To-Eat Breakfast Cereals, launches Quaker Oats Muesli
On Aug. 2019, Nestlé launches new Nesquik All Natural Porridge
On September 2022, Nocera, Inc. to Soft Open its Seafood Porridge Business at Ning Xia Night Market

 

Recent Acquisition and Merger
On Nov. 2020, Nestlé agrees to sell Yinlu peanut milk and canned rice porridge businesses to Food Wise Co., Ltd
On June 2022, Vegano Foods Completes Acquisition of Upstart Oat Milk Brand SMPL Oats


Key Target Audience
End User
Potential Investors
New Entrants
Innovation and R&D
Suppliers and Manufacturers
Others

 

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