Reports
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 12.98 billion in 2022. 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 Opportunities and Challenges in the Market
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 Historical Trend (2018-2022)
8.4.1.2 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 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Supermarkets/Hypermarkets
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Specialty Stores
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Online Stores
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Cereal Bars Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Cereal Bars Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Cereal Bars Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Cereal Bars Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Cereal Bars Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Cereal Bars Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 PepsiCo, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Kellogg Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Freedom Foods Group Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Kind LLC
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Clif Bar & Company
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 General Mills, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Sproutlife Foods Pvt. Ltd. (Yoga Bar)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
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 2022, the global cereal bars market attained a value of nearly USD 12.98 billion.
The market is projected to grow at a CAGR of 4% between 2023 and 2028.
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.
Increasing availability of cereal bars and changing customer eating habits such as snacking in between meals and having snacks instead of full meals are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The leading products in the global cereal bars market are granola/muesli bars, among others.
The significant distribution channels in the market are convenience stores, supermarkets/hypermarkets, speciality stores, and online stores, among others.
The major players in the market are PepsiCo, Inc., 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 12.98 billion in 2022, 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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