Question: Although the U . S . ready to eat ( RTE ) cold cereal market has been losing sales over the last 5 to 8
Although the US ready to eat RTE cold cereal market has been losing sales over the last to years or so it is still very profitable. In the industry earned about $ billion in sales. The industry is highly oligopolistic in that just four firms: General Mills GM Kellogg K Post Holdings PH and Quaker Foods PepsiCoQ account for $ billion of those sales. CostAccording to some unverified sources, the regular oz box of cereal with basic nutritional value has the following costs: basic cost; cost of the outer carton and inner polymer liner bag; sugar coating; $weekly fixed cost Ranking of Top RTE Cereal Brands USKiplinger News Cheerios GM; Sales: $m; Quantity Sold QS: million boxes mb;Average Price P: $ Honey Nut Cheerios GM; Sales: $m; QS: mb; P: $ Frosted Flakes K; Sales: $m; QS: mb; P: $ Honey Bunches of Oats PH; Sales: $m; QS: mb; P: $ Cinnamon Toast Crunch GM; Sales: $m; QS: mb; P: $ Lucky Charms GM; Sales: $m; QS: m; P: $ Froot Loops K; Sales: $m; QS: m; P: Frosted Mini Wheats K; Sales: $m; QS: m; P: $ Life Q; Sales: $m; QS: m: P: $ Fruity Pebbles PH; Sales: $m; QS: m; P:$
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