Grocery, Non Food, Chilled & Frozen 2023
Cereal is a huge category, worth £1.3bn across the UK. (IRI Plussuite data L52we to 31st October 2022). NPD is important! In 2022, cereal NPD accounted for over £16m of sales. (IRI Plussuite data L52we to 31st October 2022). PMPs are essential for driving sales. 9 of the top 10 selling cereal packs are price marked: 81% of consumer say they are less confusing than non-PMPs. (IRI Plussuite data L52we to 31st October 2022). On the go cereals have grown 16% year-on-year – adding £9m to the cereal category. (IRI Plussuite data L52we to 31st October 2022). Cereal is the No. 1 choice in breakfast occasions. 94% of the UK population buy cereal (on average 21 times a year). The average cereal buyer purchases 34 boxes of cereal every year. (IRI Plussuite data L52we to 31st October 2022) & (Kantar 09.07.22 - 09.07.2023). 77% of individuals enjoy cereal that adds to their daily nutritional needs. (Mintel Breakfast Cereals Report 2022). The average serving of cereal costs just 20p. 77% of consumers think that cereal is a good value option for breakfast. (IRI Plussuite data L52we to 31st October 2022). Worth £1.3bn PMP Retailer Action : Check your Must Stocks Breakfast Cereals See full edition Scan Me Top 3 Volume Sellers Page 23 Page 23 Page 23 KELLOGG’S Crunchy Nut PMP 500g KELLOGG’S Corn Flakes PMP 500g WEETABIX Original 24 Pack PMP 450g Breakfast Cereals
Made with FlippingBook
RkJQdWJsaXNoZXIy MTg2MjI=