Product with Largest Carbonated drinks Potato chips/ crisps Ready-to-eat Cereals
Market Share
Market Share $150 Billion $6.9 Billion c $8.1 Billion e
Industry Leaders Coca-cola & PepsiCo PepsiCo, Kraft, & PepsiCo, Kellogg, &
Kellogg General Mills
a
Based on world market
b
Annual combined revenues of over 400 companies in the U.S. savory snack market
c
30% of savory snack industry revenue
d
Comprised of revenues of top four companies accounting for 80% of the market
e
About 90% of total breakfast cereals industry revenue
The breakfast cereal industry has $9 billion market revenues from top four
companies composing 80 percent of the market. Of the total industry revenue, about 90
percent of it is apportioned from ready-to-eat cereals. Growth rate for cereals is at 2.6
percent.
The major competitors in this industry include PepsiCos Quaker, Kellogg, and
General Mills.
However, the global breakfast foods industry is made up of more then just cereals;
it is also consist of bread, pastries, breakfast bars, and spreads with bread as the largest
segment of this market followed by pastries, and then cereals.