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Global Cereal Bars Market: By Product: Granola/Muesli Bars, Others; By Distribution Channel: Convenience Stores, Supermarkets/Hypermarkets, Speciality Stores, Online Stores; Distribution Channels; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Cereal Bars Market Outlook
The global cereal bars market attained a value of USD 12 billion in 2020. The cereal bars market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 4%.
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Establishing joined warehouses at critical locations to deliver the goods in a timely fashion is expected to be a vital driving factor in the cereal bars market in the coming years. In 2020, North America had a significant demand share in the cereal bars market due to the changing customer eating habits such as snacking in between meals and having snacks instead of full meals.
Market Segmentation
Cereal bars fulfil various dietary requirements with low salt, low cholesterol, and minimal or no sugar content.
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The cereal bars market can be broadly categorised based on:
- Product:
- Granola/Muesli Bars
- Other Bars
- Distribution Channel:
- Convenience Stores
- Supermarkets/Hypermarkets
- Speciality Stores
- Online Stores
- Other Distribution Channels
The EMR report looks into the regional cereal bars markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The increasing purchasing power parity is likely to drive the demand for snacks over the forecast period. The high demand for healthy cereal bar products is expected to boost the growth in various countries, including China, the U.S., and India. Granola bars help to build stronger bones, increase skin quality, and control diabetes while lowering blood pressure; thus, the growing demand for granola bars is expected to drive the industry growth. The increasing snacking trend among younger consumers is expanding the cereal bars market in Europe.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global cereal bars market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- PepsiCo, Inc. (NASDAQ: PEP)
- Kellogg Company
- Freedom Foods Group Limited
- Kind LLC
- Clif Bar & Company
- General Mills, Inc.
- Sproutlife Foods Pvt. Ltd. (Yoga Bar)
- Others
The EMR report gives an in-depth insight into the cereal bars market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Distribution Channel, Region |
| Breakup by Product | Granola/Muesli Bars, Other Bars |
| Breakup by Distribution Channel | Convenience Stores, Supermarkets/Hypermarkets, Speciality Stores, Online Stores, Other Distribution Channels |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | PepsiCo, Inc. (NASDAQ: PEP), Kellogg Company, Freedom Foods Group Limited, Kind LLC, Clif Bar & Company, General Mills, Inc., Sproutlife Foods Pvt. Ltd. (Yoga Bar), Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cereal Bars Market Analysis
8.1 Key Industry Highlights
8.2 Global Cereal Bars Historical Market (2018-2022)
8.3 Global Cereal Bars Market Forecast (2023-2028)
8.4 Global Cereal Bars Market by Product
8.4.1 Granola/Muesli Bars
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Others
8.5 Global Cereal Bars Market by Distribution Channel
8.5.1 Convenience Stores
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Supermarkets/Hypermarkets
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Specialty Stores
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Online Stores
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Cereal Bars Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Spain
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 PepsiCo, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Kellogg Company
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Freedom Foods Group Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Kind LLC
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Clif Bar & Company
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 General Mills, Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Sproutlife Foods Pvt. Ltd. (Yoga Bar)
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Cereal Bars Market: Key Industry Highlights, 2018 and 2028
2. Global Cereal Bars Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Cereal Bars Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Cereal Bars Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
5. Global Cereal Bars Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
6. Global Cereal Bars Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Cereal Bars Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Cereal Bars Market Structure
Key Questions Answered in the Report
In 2020, the global cereal bars market attained a value of nearly USD 12 billion.
The market is projected to grow at a CAGR of 4% between 2021 and 2026.
The major drivers of the market include the growing purchasing power, product diversification, and the rising establishment of joined warehouses at critical locations to deliver the goods in a timely fashion.
Changing customer eating habits such as snacking in between meals and having snacks instead of full meals is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The leading products in the market are granola/muesli bars and other bars.
The significant distribution channels in the industry are convenience stores, supermarkets/hypermarkets, speciality stores, online stores, and other distribution channels.
The major players in the industry are PepsiCo, Inc. (NASDAQ: PEP), Kellogg Company, Freedom Foods Group Limited, Kind LLC, Clif Bar & Company, General Mills, Inc., and Sproutlife Foods Pvt. Ltd. (Yoga Bar), among others.
Analyst Review
The global cereal bars market attained a value of USD 12 billion in 2020, driven by the rising product launches. Aided by the changing customer eating habits, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the cereal bars industry can be segmented into granola/muesli bars, and other bars. On the basis of distribution channel, the cereal bars market is divided into convenience stores, supermarkets/hypermarkets, speciality stores, online stores, and other distribution channels. The major regional markets for cereal bars are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include PepsiCo, Inc. (NASDAQ: PEP), Kellogg Company, Freedom Foods Group Limited, Kind LLC, Clif Bar & Company, General Mills, Inc., and Sproutlife Foods Pvt. Ltd. (Yoga Bar), among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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