Cereal Bar Market

Cereal Bar Market was valued at USD 12.8 billion in 2022 and is forecast to touch USD 20.6 billion in 2030, and the market is expected to grow at a CAGR of 6.1% from 2023-2030.

Cereal Bar is a type of nutritious bar which is made of cereal and fruits. Cereal is composed of a bar shape and is held together with an edible adhesive which is accessible among all age groups. Cereal bars are the healthiest and convenient alternatives for breakfast snack items, as they contain high protein and fiber content and low in vitamins, minerals, sodium, and carbohydrates. Chocolate, peanut butter, caramel, banana, honey, and strawberry are various flavors, which are widely available in the cereal bar market.

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Cereal Bar Market Key Drivers

The growing concern regarding the diseases caused due to high sugar or fat among the consumers has led to an increase in the demand for cereal bars worldwide. The major factor that is responsible for the growth of the global cereal bar market is the growing awareness for the healthy consumption of food amongst the people. Moreover, the growing popularity of cereal bars among sportsmen and young adults is also key drivers that boost the market growth of cereal bars and an extensive amount of nutrition and the ready to eat characteristic acts as a fuel in the growth of the global cereal bar market. The availability of various flavors and industry anticipated propelling the growth of global cereal bar market. However, factors which hinder the growth of the global cereal bar market is the rise in the cost of raw materials including nuts, chocolate, and other raw materials which are used to make these snack bars. Even, availability of alternative bar may restrain the market of cereal bar and people are not properly aware of the benefits of cereal bar and still consume traditional snack items like biscuits, chips, among others.

Top Market Players

Various notable players operating in the market, include Kellogg’s, General Mills, Atkins Nutritionals, Nestlé, Mckee, Quaker Oats, Clif Bar & Company, Kashi, Mars, Naturell India, among others.

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Segments covered in the Report:

The global snacks bars market has been segmented on the basis of product type and Distribution Channel. By product type, the market is segmented into snack bars, energy & nutrition bars, and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, specialty and convenience stores, online, and others.

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Market Segmentation

Global Cereal Bar Market by Product Type

• • Snacks Bars
  • Energy & Nutrition Bars
  • Others

Global Cereal Bar Market By Distribution Channel

• • Supermarkets/Hypermarkets
  • Specialty and Convenience Stores
  • Caramel
  • Online
  • Others

Global Cereal Bar Market by Region

• • North America Global Cereal Bar Market (Option 1: As a part of the free 25% customization)

    • By Product Type
    • By Flavor
    • By End User
    • US Market All-Up
    • Canada Market All-Up

  • Europe Global Cereal Bar Market (Option 2: As a part of the free 25% customization)

    • By Product Type
    • By Flavor
    • By End User
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Global Cereal Bar Market (Option 3: As a part of the free 25% customization)

    • By Product Type
    • By Flavor
    • By End User
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Global Cereal Bar Market (Option 4: As a part of the free 25% customization)

    • By Product Type
    • By Flavor
    • By End User
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Cereal Bar Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

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