The global Porridge Market was valued at USD 240.9 million in 2022 and it is anticipated to grow further till USD 631.9 million by 2032, at a CAGR of 10.1% during the forecast period.
Porridge is typically eaten for breakfast and is made by boiling oatmeal, then adding water or milk. However, the phrases oatmeal and porridge are frequently used in the same sentence. Consuming oatmeal is advantageous since it is incredibly nutrient-dense and contains dietary fibres, making for a filling meal and discouraging overeating. As a result, there is less chance of gaining weight, lower risk of high cholesterol, and better blood sugar management. Porridge’s high carbohydrate content promotes improved brain function.
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Market Trends and Drivers
The global porridge market is expanding as a result of shifting consumer food preferences and altered dietary habits. The tendency of consumers toward a healthy breakfast consisting of ready-to-eat foods and the spike in demand for hot cereal goods also contribute to the market’s expansion.
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Global Porridge Market Segmentation
By Type
- Oat
- Maize
- Wheat
- Rice
- Millet
By Distribution Channel
- Hypermarkets
- Supermarkets
- Specialty Stores
- Departmental Stores
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Major Players in the Global Porridge Market
The key players studied in the report are Abbott Nutrition Inc., ABF Grain Products Limited, Bagrry’s India Ltd., Conagra Foods Inc., Dr. McDougall’s Right Foods, General Mills Inc., Kellogg Company, McCanns, Nestle S.A., and The Quaker Oats Company among others.
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