Executive Summary Breakfast cereals are an important part of the British diet and a key sector of the grocery market in the UK‚ with over 90% household penetration. In 2000‚ 414‚000 tonnes of breakfast cereals were sold in the UK‚ at a retail value of £1.1bn The breakfast cereals market is made up of two main sectors‚ firstly‚ the ready-to-eat sector‚ which consists of staples including corn flakes and wheat. Secondly‚ the hot cereals sector‚ which consists of cereals that require some kind
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agree that breakfast is the most important meal of the day. Breakfast cereal is the best way to kick of a healthy start to a day as it contains low-fat‚ nutrient-dense food with many essential vitamins and minerals. Not only is cereal healthy‚ it is usually a very reasonable price and extremely easy to put together on a day to day basis. Kellogg’s is one of the most successful Australian cereal brands on the market today with a diverse range of cereals. One of the most recent cereals to the Kellogg’s
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ysisChildren’s breakfast cereal has become a part of Australian life . The convenience and nutritional value has seen generations of children start their day with one of the many choices on offer. Australia and New Zealand have one of the highest consumptions of ready-to-eat cereals per capita in the world. Only the Republic of Ireland and the UK have higher consumption levels and children are the highest consumers of sweetened breakfast cereals‚ those containing over 25% sugar. (Kellogg Sales
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ready-to-eat Breakfast Cereal Industry in 1994 Why RTE cereal has been such a profitable business up to the 1990s? Rivalry among existing competitors: Low. Restrained competition through effective unwritten agreements for the big three to work together on restricting – trade dealing‚ in-pack premiums‚ and vitamin fortification‚ these were viewed as powerful tools for increasing a firms market share. Bargaining power of suppliers: Low. The big three were leading the suppliers. Bargaining
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The Ready to Eat Breakfast Cereal Industry in 1994 Market demand for cereal was elastic 1. Why has RTE cereal been such a profitable business? What changes have led to the current industry crisis? Profitability- a. RTE has been very profitable – posting ROA’s in the 15-30% range. b. Restrained competition thru effective unwritten agreements for the big three to work together on restricting – trade dealing‚ in-pack premiums‚ and vitamin fortification‚ these were viewed as powerful tools for
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Description One of my favorite things to eat is breakfast cereal. I have been a cereal eater since I was a kid and have chosen to do my paper on the breakfast cereal industry. The NAICS code is 311320. The SIC code is 2043 Cereal Breakfast Foods. The SIC gives a description of establishments as primarily engaged in manufacturing cereal breakfast foods and related preparations‚ except breakfast bars. Cereal breakfast foods include: coffee substitutes made grain‚ hulled corn‚ farina‚ granola (except
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Cereal: The Manufacturing Industry Everyday‚ more than eighty million Americans have some type of cereal for breakfast. Cereal is one of the most popular breakfast foods and some brand is found in almost every home in America (Topher). This vast industry stems from the late 1800s when John Harvey Kellogg and C. W. Post began cereal production in Battle Creek‚ Michigan (Topher). Today‚ numerous types and varieties of cereal line the grocery store shelves. However‚ only a few select companies
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Ready To Eat Breakfast Cereal Industry Monday‚ September 09‚ 2013 3:09 PM The Big 3 and the industry before the 1990’s 1972 Federal trade Commission file a major antitrust suit against the big 3 (Kellogg‚ General Mills‚ and General Foods) Argued: Monopolized cereal market and had taken specific steps to deter entry by new firms How? Restrained competition amongst themselves through "unwritten agreements" to limit the in-pack premiums (free toys‚ gifts‚ e tc) -Refrain from trade
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United Cereal: Lora Brill’s Eurobrand Challenge Introduction: The case is focusing on European division of a giant multinational breakfast food company‚ which describes a launch decision for a new cereal product. United Cereal (UC) was established in 1910 by Jed Thomas. It was known in the industry‚ eventually diversified into snack foods‚ dairy products. By 2010 UC was a $9 billion business‚ but the breakfast cereals still accounted for one-third of its revenues. As the breakfast cereal trend
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best-known cereals are flagging. http://www.guardian.co.uk/lifeandstyle/2012/may/16/taste-breakfast-cereal-changing UK sales of eight of the 10 most popular brands‚ including Corn Flakes‚ Crunchy Nut‚ Coco Pops‚ Cheerios and Special K‚ fell sharply in 2010-11. Rice Krispies‚ the worst performer‚ was down 12%; Weetabix bucked the trend‚ rising 4%‚ for reasons that may become clear later. http://www.guardian.co.uk/lifeandstyle/2012/may/16/taste-breakfast-cereal-changing A breakfast cereal (or just
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