Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Cereal Bar Market by Product Type (Granola/Muesli Bars, Snacks Bars, Energy & Nutrition Bars, Others), Distribution Channel (Food Specialty Stores, Convenience Stores, Supermarkets/Hypermarkets, Online Stores, Others)Analysis and Forecast, 2020 – 2026”. Global cereal bar market is expected to register a steady CAGR of 4.4% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing number of health-conscious individuals is the major factor for the growth of the market.
Few of the leading organizations’ names are listed here- Kellogg Company, Nestlé, Clif Bar & Company, Hain Celestial, General Mills, Inc., Atkins Nutritionals, Inc., Kind LLC, The Quaker Oats Company, Mars Incorporated, FoodBev Media Ltd, MCKEE FOODS, Naturell India Pvt. Ltd., Pharmavite LLC, PepsiCo, Sunny Crunch Foods ltd, Gutscher Mühle Traismauer GmbH, Numix, Dailycer among others.
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Succinct Description of the Market:
A cereal bar is a food product consists of various cereals such as nuts, seeds which are produce by pressing cereals and usually dried fruit as well as berries. They are covered and bind with glucose syrup. Many people due to changing life style prefer cereal bars as an alternative to the less-healthy snacks which provides a rapid source of energy. It is also used as an alternate for a meal. These bars consist of fat burning benefits, added nutrition and low content of calorie.
- Increasing need of low-fat cereal bars will act as driver for the market growth
- Growing popularity of on-the-go grab breakfasts is fueling the growth of the market
- Change in snacking culture and wide range of retail distribution may enhance the market in the forecast period
- Rising disposable income is also driving the market growth for a long run
- High production cost due to the fluctuation in prices will restrict the growth of the market
- Availability of alternative snacking products in market is restraining the market in the forecast period
- Health issues due to the sugar content is also hindering the market growth
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In this study, the years considered to estimate the market size of Cereal Bar are as follows:
History Year: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2027
Crucial Market Segment details-:
By Product Type
- Snacks Bars
- Granola/Muesli Bars
- Energy & Nutrition Bars
By Distribution Channel
- Food Specialty Stores
- Convenience Stores
- Online Stores
Methodologies utilized to evaluate the market-:
In September 2018, Nestlé launched Yes! fruit and nut cereal bar brand which consist of no added sugar or artificial additives. These are available in multipacks as well as single unit. This launch will increase the product portfolio and profit margin of the company
In February 2018, Alpen had introduced new cereal bar with Salted Caramel flavor. This bar is healthier among other bars having fewer calories. This launch will help the company to expand and strengthen their snacks bar business across the globe
Research strategies and tools used-:
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Table of Contents
1 Cereal Bar Market Overview
2 Manufacturers Profiles
3 Global Cereal Bar Market Competitions, by Players
3.1 Global Cereal Bar Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Cereal Bar Players Market Share
3.2.2 Top 10 Cereal Bar Players Market Share
3.3 Market Competition Trend
4 Global Cereal Bar Market Size by Regions
5 North America Cereal Bar Revenue by Countries
6 Europe Cereal Bar Revenue by Countries
7 Asia-Pacific Cereal Bar Revenue by Countries
8 South America Cereal Bar Revenue by Countries
9 Middle East and Africa Revenue Cereal Bar by Countries
10 Global Cereal Bar Market Segment by Type
11 Global Cereal Bar Market Segment by Application
12 Global Cereal Bar Market Size Forecast (2019-2027)
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This Cereal Bar research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.
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