Edible Flakes Market Research Report By Raw Material (Corn, Wheat, Rice, Oat, Others), By Application (Breakfast Cereals, Snacks, Bakery Products, Confectionery, Others), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Others), By Additive Type (Sweeteners, Flavorings, Colors, Preservatives, Others), By Functional Benefits (Gluten-Free, High Fiber, Low Calorie, High Protein, Others) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032.

Global Edible Flakes Market Overview

Edible Flakes Market Size was estimated at 1.77 (USD Billion) in 2022. The Edible Flakes Industry is expected to grow from 1.84(USD Billion) in 2023 to 2.5 (USD Billion) by 2032. The Edible Flakes Market CAGR (growth rate) is expected to be around 3.49% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Edible Flakes Market Trends Highlighted

The edible flakes market is driven by the growing demand for convenient and easy-to-use food products. Consumers are increasingly seeking out foods that can be prepared quickly and easily, and edible flakes fit this need perfectly. They are also versatile ingredients that can be added to a variety of dishes, from cereals and smoothies to yogurt and baked goods.Some of the key trends in the edible flakes market include the increasing popularity of plant-based foods, the rising demand for gluten-free options, and the growing awareness of the importance of dietary fiber. Plant-based edible flakes are made from ingredients such as oats, quinoa, and brown rice, and they offer a healthy and sustainable alternative to traditional animal-based products. Gluten-free edible flakes are made from ingredients such as corn, rice, and potatoes, and they are a good option for people with celiac disease or gluten intolerance. Edible flakes that are high in dietary fiber can help to promote satiety, regulate blood sugar levels, and improve digestive health.Opportunities for growth in the edible flakes market include the development of new and innovative products, the expansion into new markets, and the formation of strategic partnerships. Companies that are able to successfully address these opportunities will be well-positioned to capitalize on the growing demand for edible flakes.

Edible Flakes Market Drivers

Rising Demand for Convenience Foods

The major growth driver of the Edible Flakes Market Industry is the increasing consumer preference for convenience foods. Today, consumers prefer convenient and easy-to-prepare meal options and edible flakes suit their requirements perfectly. These can be added to several different applications, such as soups, salads, and snacks, to mention just a few, and hence, they are highly convenient for consumers leading a busy life. The demand for convenience foods and healthy snacks is predicted to help the Edible Flakes Market Industry grow over the future years.However, apart from the convenience it offers, edible flakes also provide a number of nutritional benefits. It is a rich source of fiber, proteins, and vitamins and can also be fortified with additional nutrients based on the requirements of the consumer. These benefits of edible flakes have also helped in the growth of the Edible Flakes Market Industry. Moreover, with people beginning to recognize and gain awareness about the benefits of healthy eating, the industry for edible flakes is bound to grow over the predicted years.

Expanding Applications in Food Processing

Edible flakes are increasingly being used in a variety of food processing applications. They can be used as a coating for meat, fish, and poultry, and they can also be used as a filling for pastries and baked goods. Edible flakes can also be used to create decorative elements for food products. The expanding applications of edible flakes in food processing are another factor driving growth in the Edible Flakes Market Industry. The use of edible flakes in food processing offers a number of advantages.Edible flakes can improve the appearance, texture, and flavor of food products. They can also be used to extend the shelf life of food products. The versatility and functionality of edible flakes are making them increasingly popular in the food processing industry.

Growing Demand from Emerging Markets

Another factor that is driving growth in the Edible Flakes Market Industry is the growing demand from the emerging market. As people in emerging markets become more affluent, they can afford to eat edible flakes. Furthermore, as more affluent consumers in emerging markets adopt the Western style of eating, they are also opening up to eating edible flakes. In addition, the emergence of an affluent middle class in emerging markets is also driving the demand for flakes.As such, it is expected that the growing demand from the emerging market will continue to drive growth in the Edible Flakes Market Industry for many years.

Edible Flakes Market Segment Insights

Edible Flakes Market Raw Material Insights

The raw material segment of the Edible Flakes Market plays a vital role in shaping the market dynamics and influencing industry growth. Corn, wheat, rice, oat, and other grains serve as the primary raw materials for edible flakes production, each contributing unique characteristics and market share. Corn holds a significant position in the raw material segment, accounting for approximately 35% of the Edible Flakes Market revenue in 2023. Its high starch content makes it an ideal base for producing corn flakes, contributing to its popularity in the breakfast cereal industry.Moreover, the increasing demand for gluten-free products has fueled the growth of corn-based edible flakes, as corn is naturally gluten-free. Wheat stands as the second-largest raw material segment, capturing around 28% of the market share in 2023. Wheat flakes offer a rich source of fiber, protein, and essential nutrients, making them a nutritious and versatile breakfast option. Whole wheat flakes, in particular, have gained traction due to their high fiber content and health benefits. Rice flakes have steadily gained popularity in the Edible Flakes Market, accounting for approximately 18% of the market in 2023.Their light and crispy texture, coupled with their gluten-free nature, has made them a preferred choice for consumers seeking healthier breakfast alternatives. Additionally, rice flakes are finding increasing application in gluten-free baking and snacking products. Oat flakes have carved out a niche in the market, holding around 12% of the Edible Flakes Market share in 2023. Rich in soluble fiber, beta-glucans, and antioxidants, oat flakes are highly valued for their nutritional properties. The growing health consciousness among consumers has driven the demand for oat-based edible flakes, positioning them as a healthy and functional food ingredient.Other grains, such as barley, millet, and sorghum, collectively contribute to the remaining 7% of the Edible Flakes Market raw material segment in 2023. These grains offer unique flavors and textures, catering to diverse consumer preferences. The rising demand for ancient grains and gluten-free options has fueled the growth of edible flakes made from these alternative grains. The raw material segment of the Edible Flakes Market is expected to witness steady growth in the coming years, driven by the increasing popularity of healthy and convenient breakfast options, the rising demand for gluten-free products, and the growing health consciousness among consumers.Manufacturers are continually innovating and expanding their product offerings to meet the evolving consumer demands, further contributing to the segment's growth trajectory.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Edible Flakes Market Application Insights

The Edible Flakes Market is segmented by application into Breakfast Cereals, Snacks, Bakery Products, Confectionery, and Others. Among these, the Snacks segment is expected to hold the largest market share in 2023, and it is projected to grow at a CAGR of 4.2% from 2024 to 2032. The growth of the Snacks segment can be attributed to the increasing demand for convenient and healthy snacks. The Bakery Products segment is expected to be the second-largest segment in 2023. The growth of the Bakery Products segment can be attributed to the rising popularity of artisan bread and pastries. The Breakfast Cereals segment is expected to be the third-largest segment in 2023. The growth of the Breakfast Cereals segment can be attributed to the increasing demand for healthy and nutritious breakfast options. The Confectionery segment is expected to be the fourth-largest segment in 2023. The growth of the Confectionery segment can be attributed to the increasing demand for indulgent treats. The Others segment is expected to be the smallest segment in 2023. The Others segment includes applications such as pet food and pharmaceuticals.

Edible Flakes Market Distribution Channel Insights

The distribution channel segment plays a crucial role in the Edible Flakes Market. Supermarkets and hypermarkets hold a significant share of the market, driven by factors such as extensive product offerings, convenience, and loyalty programs. In 2023, the revenue generated through supermarkets and hypermarkets was estimated to be around USD 0.89 billion, and it is projected to grow steadily in the coming years. Convenience stores are another important distribution channel, particularly for impulse purchases and quick shopping trips. Their contribution to the Edible Flakes Market revenue is expected to reach USD 0.42 billion by 2024.Online retail has emerged as a rapidly growing distribution channel for Edible Flakes, offering consumers the convenience of home delivery and a wider selection of products. The increasing adoption of e-commerce platforms is expected to drive the growth of this channel, with an estimated revenue of USD 0.35 billion in 2024. Other distribution channels, such as independent grocery stores, specialty food stores, and vending machines, account for a smaller share of the market but still contribute to the overall Edible Flakes Market revenue.

Edible Flakes Market Additive Type Insights

Based on the additive type, the Edible Flakes Market is segmented into Sweeteners, Flavorings, Colors, Preservatives, and Others. Sweeteners hold the largest market share due to the rising demand for low-calorie and sugar-free food products. Flavorings are anticipated to witness significant growth owing to the increasing popularity of flavored foods and beverages. Additionally, the growing demand for natural and clean-label products is expected to boost the growth of the Colors segment. Preservatives are projected to exhibit stable growth, driven by the need to extend the shelf life of food products.The 'Others' segment includes various additives such as vitamins, minerals, and antioxidants, which are anticipated to contribute to the overall market growth. The Edible Flakes Market revenue for Sweeteners is expected to reach USD 0.78 billion by 2024, while Flavorings is projected to grow at a CAGR of 3.9% during the forecast period.

Edible Flakes Market Functional Benefits Insights

The functional benefits segment of the edible flakes market is expected to witness significant growth in the coming years. This is primarily due to the rising demand for healthy and nutritious food products among consumers. Edible flakes offer a range of functional benefits, including gluten-free, high-fiber, low-calorie, and high-protein. Gluten-free edible flakes are a popular choice for people with celiac disease or gluten intolerance. They are made from grains such as rice, quinoa, or buckwheat, which are naturally gluten-free. The gluten-free edible flakes market is expected to reach $1.5 billion by 2024, growing at a CAGR of 6.5%. High-fiber edible flakes are a good source of dietary fiber, which is essential for maintaining a healthy digestive system. They are made from whole grains or fruits and vegetables, which are high in fiber. The high-fiber edible flakes market is expected to reach $2.2 billion by 2024, growing at a CAGR of 7.2%. Low-calorie edible flakes are a good choice for people who are trying to lose weight or maintain a healthy weight. They are made from low-calorie ingredients, such as fruits, vegetables, or nuts. The low-calorie edible flakes market is expected to reach $1.8 billion by 2024, growing at a CAGR of 6.8%. High-protein edible flakes are a good source of protein, which is essential for building and repairing tissues. They are made from high-protein ingredients, such as beans, lentils, or nuts. The high-protein edible flakes market is expected to reach $2.5 billion by 2024, growing at a CAGR of 7.5%. The other functional benefits segment includes edible flakes that offer a variety of other health benefits, such as antioxidant properties, anti-inflammatory properties, and weight management benefits. The other functional benefits edible flakes market is expected to reach $1.2 billion by 2024, growing at a CAGR of 6.3%.

Edible Flakes Market Regional Insights

Regionally, North America held the largest market share in 2023, with a revenue of 654.9 million USD. Europe followed with a market share of 32.5% and is expected to reach a value of 808.2 million USD by 2032. APAC is projected to grow at the highest CAGR of 4.2% during the forecast period, owing to the increasing consumption of edible flakes in countries such as China and India. South America and MEA are also expected to witness significant growth in their respective markets over the coming years.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Edible Flakes Market Key Players And Competitive Insights

The companies dominating the world’s market of edible flakes are heavily engaged in research and development. Major players in the industry develop new products and add them to their product portfolios. They also extend their activities to as many borders as possible, opening new facilities and launching new distribution channels in various countries of the world. The leading companies are merging, acquiring, and partnering to ensure their competitive advantage in the industry of edible flakes. It is reflective of the fact that the industry of edible flakes is heavily fragmented and characterized by high competitive intensity. Leading companies are competing to develop the most innovative products to retain existing markets and explore new ones. They are engaged in distribution expansion and press ahead with marketing and advertising their brands aggressively.

One of the leading companies operating in the food and beverages industry that also produces edible flakes is Ocean Spray LLC. Ocean Spray is a well-recognized brand that offers a wide variety of cranberry products all over the world. Edible flakes are dried cranberries and are frequently used as an ingredient in a wide array of foodstuffs, including cereal, granola bars, trail mix, etc. Ocean Spray demonstrates high consistency in its presentation media, emphasizing that the product is “a healthy and convenient choice.” The company also describes that instead of sun drying, it uses the Cascadian Farm system, which is described as “a better way to dry.” Ocean Spray has built strong, sustainable operations across the entire operational chain. One of the latest moves of Ocean Spray is the opening of its plant in Wisconsin. The company also launched several new products to add to its product portfolio.

ADM or Archer Daniels Midland Company, is one of the major competitors of Ocean Spray. ADM is involved in producing agrarian products and ingredients. In terms of edible flakes, ADM offers a wide array of them, producing these foodstuffs out of numerous fruits and vegetables including cranberries, blueberries, and strawberries. They are used in the production of cereals and granola bars, yogurts and many other food products and foodstuffs. Similarly to Ocean Spray, ADM is heavily engaged in investments in innovation and the development of new products and technological or production capacities. ADM is also opening new facilities and distribution channels in new, emerging markets.

Key Companies in the Edible Flakes Market Include

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  Sensient Technologies Corporation

  
  


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  Symrise AG

  
  


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  Tate Lyle PLC

  
  


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  Frutarom Industries Ltd.

  
  


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  FMC Corporation

  
  


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  Ingredion Incorporated

  
  


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  Treatt PLC

  
  


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  Cargill, Incorporated

  
  


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  Dohler GmbH

  
  


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  Givaudan SA

  
  


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  Kerry Group

  
  


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  Bell Flavors Fragrances

  
  


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  Archer Daniels Midland Company

  
  


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  McCormick Company, Incorporated

  
  

Edible Flakes Market Industry Developments

The Edible Flakes Market is projected to reach USD 2.5 billion by 2032, exhibiting a CAGR of 3.49% from 2024 to 2032. The market growth is attributed to the rising demand for convenient and healthy food options, as well as the increasing popularity of plant-based diets. Key players in the market include Kellogg's, General Mills, and Post Holdings. Recent developments in the market include the launch of new products with innovative flavors and the expansion of distribution channels.

Edible Flakes Market Segmentation Insights

Edible Flakes Market Raw Material Outlook

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  Corn

  
  


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  Wheat

  
  


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  Rice

  
  


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  Oat

  
  


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  Others

  
  

Edible Flakes Market Application Outlook

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  Breakfast Cereals

  
  


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  Snacks

  
  


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  Bakery Products

  
  


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  Confectionery

  
  


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  Others

  
  

Edible Flakes Market Distribution Channel Outlook

• Supermarkets and Hypermarkets


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  Convenience Stores

  
  


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  Online Retail

  
  


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  Others

  
  

Edible Flakes Market Additive Type Outlook

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  Sweeteners

  
  


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  Flavorings

  
  


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  Colors

  
  


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  Preservatives

  
  


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  Others

  
  

Edible Flakes Market Functional Benefits Outlook

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  Gluten-Free

  
  


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  High Fiber

  
  


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  Low Calorie

  
  


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  High Protein

  
  


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  Others

  
  

Edible Flakes Market Regional Outlook

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  North America

  
  


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  Europe

  
  


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  South America

  
  


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  Asia Pacific

  
  


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  Middle East and Africa