Cereal Bar Market Research Report

 Global Cereal Bar Market

The GMI Research forecasts that the cereal bar market is witnessing an upsurge in demand over the forecast period starting from 2020 till 2027. This is mainly due to the rising popularity of cereal bars among sportsmen and young adults.

Cereal Bar refers to the type of nutritious bar which is prepared of cereal and fruits. The cereal bar comes mostly in the bar shape and is held together by edible adhesive usage. This product is widely available in the market for all age groups and is considered the healthiest and convenient alternatives for breakfast snack items, as they consist of high protein and fiber content and low in vitamins, sodium, minerals, and carbohydrates.

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The global cereal bar market is experiencing an upsurge in demand during the forecast period due to the rising concern related to the diseases caused owing to high sugar or fat among the consumers across the world. The major factor driving the growth of the global cereal bar market include the increasing awareness for the healthy consumption of food amongst the people. Furthermore, the rising popularity of cereal bars among sportsmen and young adults is a key driver fuelling the growth of the cereal bar market. A wide amount of nutrition and the ready to eat feature further propel the growth of the global cereal bar market. The availability of several flavors and industry expected to energize the growth of the global cereal bar market. On the other hand, the increase in the cost of raw materials, including chocolate, nuts, and other raw materials that are used to make these snack bars, will hinder the market growth. The factors responsible for hampering the market growth include the availability of alternative bar and lack of awareness among people regarding the benefits of cereal bar and still consume traditional snack items like chips, biscuits, among others.

Key Players of the Global Cereal Bar Market:

  • Kellogg’s
  • General Mills
  • Atkins Nutritionals
  • Nestlé
  • Mckee
  • Quaker Oats
  • Clif Bar & Company
  • Kashi
  • Mars
  • Naturell India

Market Segmentation:

Global Cereal Bar Market Report Segment by Type:

  • Snack Bars/Granola Bars
  • Nutrition Bars
  • Others

Global Cereal Bar Market Report Segment by Flavor:

  • Chocolate
  • Peanut Butter
  • Caramel
  • Banana
  • Honey
  • Strawberry

Global Cereal Bar Market Report Segment by End-Use:

  • Online Stores
  • Supermarkets
  • Specialized Stores
  • Others

Global Cereal Bar Market Report Segment by Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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