Market Overview:
The global cereal bar market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and convenient snacks, rising awareness about the benefits of cereal bars, and growing urbanization. The snack bars segment is expected to dominate the global cereal bar market during the forecast period owing to their high popularity among consumers as a quick and healthy snack option. The energy nutrition bars segment is projected to grow at a higher CAGR than other segments during the forecast period, owing to their growing popularity among health-conscious consumers. In terms of application, department stores are expected to account for the largest share of the global cereal bar market in 2018.
Product Definition:
A cereal bar is a food item that typically consists of cereal grains, dried fruit, and nuts. Cereal bars are often eaten as snacks.
Snack Bars:
Snack bars are small eatables that can be consumed between meals or as a meal itself. They are available in different forms such as energy bars, protein bars, nutrition bars and weight management protein bar among others. The global market for snackbars is expected to witness significant growth over the forecast period owing to increasing health consciousness coupled with changing eating habits of consumers towards healthy food products. Increasing demand for convenience foods is also one of the key factors driving market growth globally.
Energy Nutrition Bars:
Energy nutrition bars are a combination of carbohydrates and proteins, which provide all the essential nutrients in proper proportions. These bars are available in different forms such as chewy, gooey, dry and crunchy. They come with different flavors such as chocolate, strawberry banana etc., which makes them more popular among consumers. Energy nutrition bars have replaced normal food for some people; they are used as an alternative to high-calorie foods like chocolates or sweets.
Application Insights:
The supermarkets and hypermarkets application segment led the global cereal bar market in 2017. This is attributed to growing consumer preference for packaged food products, especially among working class people. Cereal bars are convenient snacks that can be taken on-the-go as well as consumed at home owing to their portable nature. Moreover, rising demand for healthy food options by consumers particularly in developed countries including U.S., Germany, U.K.
Regional Analysis:
North America was the largest market for cereal bars, accounting for more than 35.0% share of global revenue in 2017. The U.S., which is one of the most important markets in North America, has a large number of health-conscious consumers who are ready to spend on healthy products with unique flavors and textures. This factor is expected to remain favorable for cereals bar manufacturers over the forecast period as well.
Asia Pacific is anticipated to be one of the fastest growing regions with a CAGR exceeding 6% from 2018 to 2030 owing to increasing demand from China and India where there are many players looking forward towards investing in this market due its potential growth opportunities as well as huge population base that needs nutritious food products at reasonable prices (less than USD X). Moreover, rising awareness about following a healthy lifestyle among working professionals will drive regional product demand further fueling growth prospects across this region during the forecast period too!.
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising disposable income of consumers in developing countries.
- Growing popularity of cereal bars among health-conscious consumers.
- Proliferation of convenience stores and supermarkets across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cereal Bar Market Research Report
By Type
Snack Bars, Energy Nutrition Bars, Other Bars
By Application
Department Stores, Supermarkets and Hypermarkets, Others
By Companies
Kellogg, General Mills, Pepsi, Nestlé, Quaker Oats, Atkins Nutritionals, Mckee, Kellogg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Cereal Bar Market Report Segments:
The global Cereal Bar market is segmented on the basis of:
Types
Snack Bars, Energy Nutrition Bars, Other Bars
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Department Stores, Supermarkets and Hypermarkets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kellogg
- General Mills
- Pepsi
- Nestlé
- Quaker Oats
- Atkins Nutritionals
- Mckee
- Kellogg
Highlights of The Cereal Bar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Snack Bars
- Energy Nutrition Bars
- Other Bars
- By Application:
- Department Stores
- Supermarkets and Hypermarkets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cereal Bar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cereal bar is a type of snack food that typically consists of a layer of cereal, often with other toppings such as nuts, chocolate chips, or marshmallows.
Some of the major players in the cereal bar market are Kellogg, General Mills, Pepsi, Nestl©, Quaker Oats, Atkins Nutritionals, Mckee, Kellogg.
The cereal bar market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cereal Bar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cereal Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cereal Bar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cereal Bar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cereal Bar Market Size & Forecast, 2020-2028
4.5.1 Cereal Bar Market Size and Y-o-Y Growth
4.5.2 Cereal Bar Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Snack Bars
5.2.2 Energy Nutrition Bars
5.2.3 Other Bars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Department Stores
6.2.2 Supermarkets and Hypermarkets
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cereal Bar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cereal Bar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Snack Bars
9.6.2 Energy Nutrition Bars
9.6.3 Other Bars
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Department Stores
9.10.2 Supermarkets and Hypermarkets
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Snack Bars
10.6.2 Energy Nutrition Bars
10.6.3 Other Bars
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Department Stores
10.10.2 Supermarkets and Hypermarkets
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Snack Bars
11.6.2 Energy Nutrition Bars
11.6.3 Other Bars
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Department Stores
11.10.2 Supermarkets and Hypermarkets
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Snack Bars
12.6.2 Energy Nutrition Bars
12.6.3 Other Bars
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Department Stores
12.10.2 Supermarkets and Hypermarkets
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Snack Bars
13.6.2 Energy Nutrition Bars
13.6.3 Other Bars
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Department Stores
13.10.2 Supermarkets and Hypermarkets
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cereal Bar Market: Competitive Dashboard
14.2 Global Cereal Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kellogg
14.3.2 General Mills
14.3.3 Pepsi
14.3.4 Nestlé
14.3.5 Quaker Oats
14.3.6 Atkins Nutritionals
14.3.7 Mckee
14.3.8 Kellogg
