Nice colors! To be honest, I like my food a little more appetizing. While the concept and composition and lighting are interesting, I'm turned off by the lack of clarity in the image. The froot loops look kind of flat.
mmmm... apple jacks. I think the colored light is overused (hardly any of the original subject's tone remains.) and the pic has been sharpened to hell and gone. Interesting idea. An interesting angle might've helped too.