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Cereal Bars Market

Global Cereal Bars Market Size, Share, Trends, Forecast: By Product: Granola/Muesli Bars, Others; By Distribution Channel: Convenience Stores, Supermarkets/Hypermarkets, Speciality Stores, Online Stores; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Cereal Bars Market Outlook

The global cereal bars market attained a value of USD 13.50 billion in 2023. The cereal bars market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4%.

 

Global Cereal Bars Market

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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.

 

Global Cereal Bars Market  By Distribution Channel

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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.

 

Global Cereal Bars Market by Region

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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 
Breakup by Distribution Channel
  • Convenience Stores
  • Supermarkets/Hypermarkets
  • Speciality Stores
  • Online Stores
  • Other 
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • PepsiCo, Inc.
  • Kellogg Company
  • Freedom Foods Group Limited
  • Kind LLC
  • Clif Bar & Company
  • General Mills, Inc.
  • Sproutlife Foods Pvt. Ltd. (Yoga Bar)
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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 (2018-2023) 
    8.3    Global Cereal Bars Market Forecast (2024-2032)
    8.4    Global Cereal Bars Market by Product
        8.4.1    Granola/Muesli Bars
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Others
    8.5    Global Cereal Bars Market by Distribution Channel
        8.5.1    Convenience Stores
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Supermarkets/Hypermarkets
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Specialty Stores
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Online Stores
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others    
    8.6    Global Cereal Bars Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Cereal Bars Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Cereal Bars Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Cereal Bars Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Cereal Bars Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and  Africa Cereal Bars Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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 2032
2.    Global Cereal Bars Historical Market: Breakup by Product (USD Billion), 2018-2023
3.    Global Cereal Bars Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    Global Cereal Bars Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5.    Global Cereal Bars Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6.    Global Cereal Bars Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Cereal Bars Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Cereal Bars Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Cereal Bars Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Cereal Bars Market Structure

Key Questions Answered in the Report

In 2023, the global cereal bars market attained a value of nearly USD 13.50 billion.

The market is projected to grow at a CAGR of 4% between 2024 and 2032.

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 13.50 billion in 2023, 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 2024-2032, 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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