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Gremlins Cereal was a cereal based on the movie Gremlins. The cereal's taste was similar to Cap'n Crunch. It was discontinued after the movie left theaters. The cereal had a sale of Gizmo plush figures for $9.95 including two purchases of the cereal. The cereal is sweetened. The cereal was under copyright by the cereal company Ralston.

There was a free sticker in every box as well. There were 11 different ones.

The cereal met positive reviews, voted the favorite cereal of 1980s. However, some people have noted the cereal's similar taste to Cap'n Crunch, a famous cereal made by Quaker Oats Company.