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Global Cereal Bars Market: By Product: Granola/Muesli Bars, Other Bars; By Distribution Channel: Convenience Stores, Supermarkets/Hypermarkets, Speciality Stores, Online Stores; Distribution Channels; Regional Analysis; Historical Market and Forecast (2016-2026); 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 2021-2026 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.
Properties and Applications
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 Co.
- General Mills
- Clif Bar & Company
- Freedom Nutritional Products Limited (Arrovest Pty. Ltd.)
- Yoga Bar
- Kind LLC
- NuGo Nutrition
- 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 | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| 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, EMR’s 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 Co. (NYSE: K), General Mills (NYSE GIS), Clif Bar & Company, Freedom Nutritional Products Limited (Arrovest Pty. Ltd.), Yoga Bar, Kind LLC, NuGo Nutrition, 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Cereal Bars Market Analysis
6.1 Global Cereal Bars Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Global Cereal Bars Market Breakup by Product
6.2.1 Granola/Muesli Bars
6.2.2 Other Bars
6.3 Global Cereal Bars Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Granola/Muesli Bars
6.3.2 Other Bars
6.4 Global Cereal Bars Market Breakup by Distribution Channel
6.4.1 Convenience Stores
6.4.2 Supermarkets/Hypermarkets
6.4.3 Speciality Stores
6.4.4 Online Stores
6.4.5 Other Distribution Channels
6.5 Global Cereal Bars Market Breakup by Distribution Channel: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Convenience Stores
6.5.2 Supermarkets/Hypermarkets
6.5.3 Speciality Stores
6.5.4 Online Stores
6.5.5 Other Distribution Channels
6.6 Global Cereal Bars Market Breakup by Region
6.6.1 North America
6.6.1.1 United States of America
6.6.1.2 Canada
6.6.2 Europe
6.6.2.1 Germany
6.6.2.2 United Kingdom
6.6.2.3 France
6.6.2.4 Italy
6.6.2.5 Others
6.6.3 Asia Pacific
6.6.3.1 China
6.6.3.2 Japan
6.6.3.3 India
6.6.3.4 ASEAN
6.6.3.5 Others
6.6.4 Latin America
6.6.4 Latin America
6.6.4.1 Brazil
6.6.4.2 Argentina
6.6.4.3 Mexico
6.6.4.4 Others
6.6.5 Middle East & Africa
6.6.5.1 Saudi Arabia
6.6.5.2 United Arab Emirates
6.6.5.3 Nigeria
6.6.5.4 South Africa
6.6.5.5 Others
6.7 Global Cereal Bars Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 North America
6.7.1.1 United States of America
6.7.1.2 Canada
6.7.2 Europe
6.7.2.1 Germany
6.7.2.2 United Kingdom
6.7.2.3 France
6.7.2.4 Italy
6.7.2.5 Others
6.7.3 Asia Pacific
6.7.3.1 China
6.7.3.2 Japan
6.7.3.3 India
6.7.3.4 ASEAN
6.7.3.5 Others
6.7.4 Latin America
6.7.4 Latin America
6.7.4.1 Brazil
6.7.4.2 Argentina
6.7.4.3 Mexico
6.7.4.4 Others
6.7.5 Middle East & Africa
6.7.5.1 Saudi Arabia
6.7.5.2 United Arab Emirates
6.7.5.3 Nigeria
6.7.5.4 South Africa
6.7.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 PepsiCo, Inc. (NASDAQ: PEP)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Kellogg Co. (NYSE: K)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 General Mills (NYSE GIS)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Clif Bar & Company
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Freedom Nutritional Products Limited (Arrovest Pty. Ltd.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Yoga Bar
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Kind LLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 NuGo Nutrition
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Others
10 Industry Events and Developments
Additional Customisations Available:
1 Cost Analysis
1.1 Land, Location and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
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., Kellogg Co., General Mills, Clif Bar & Company, Freedom Nutritional Products Limited (Arrovest Pty. Ltd.), Yoga Bar, Kind LLC, and NuGo Nutrition, 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 2021-2026, 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., Kellogg Co., General Mills, Clif Bar & Company, Freedom Nutritional Products Limited (Arrovest Pty. Ltd.), Yoga Bar, Kind LLC, NuGo Nutrition, and 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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