Cereal Bar Market Size, Share & Trends Analysis Report By Product (Snacks Bars, Energy & Nutrition Bars), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores), And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 58 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

The global cereal bars market size is expected to reach USD 17.66 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.1% during the forecast period. Cereal bars are widely being consumed in developed economies. The growth in granola and nutrition bar product segment is expected to further drive the market. Rising awareness about the consumption of cereal bar is also likely to fuel the growth.

Growing emphasis on quality products in developed economies such as Europe and North America owing to the rising purchasing power of the consumers is expected to drive the market over the forecast period. Rising competition among manufacturers and an emphasis on product differentiation and innovation has led to the development of differently priced cereal bar products.

The need for the product to comply with stringent guidelines and the ability to meet the necessary rating criteria, in terms of regulations, depending upon the product is likely to pose a challenge to market growth over the next seven years. In addition, there is a rising pressure from consumers in terms of the quality cereal bars, which has led to a rise in product cost. The cost is mainly affected by the raw materials in use and the manufacturer has to bear the additional raw material prices.

Snacks bars segment led the cereal bars market and constituted more than half of the total market share in 2018. Some of the leading players in the market include General Mills, Inc.; Nestle S.A.; Atkins Nutritionals; Cliff Bar & Company; Kind LLC; Hain Celestial Group; and the Kellogg Company.

Cereal bars is a lucrative market on account of growing spending capacity of consumers. They are generally consumed between regular meals in smaller portions as compared to regular meals. Various popular product options include dried fruit snacks and granola bars.

Hypermarkets and supermarkets distribution channel type occupies a dominant market share owing to the fact that the consumers in this sector are more likely to be more selective pertaining to existence of several brands and about the products in various forms, quantity, quality, and cost.

Asia Pacific is one of the most noticeable markets and is expected to witness the fastest growth over the forecast period. Increasing household income and economic growth are some of the major drivers triggering the regional growth.

Further key findings from the report suggest:

• Snack bars product segment is projected to register a CAGR of 5.6% from 2019 to 2025

• In terms of revenue, energy and nutrition product segment is anticipated to register the fastest growth in the forthcoming years

• Hypermarket and supermarket led the global cereal bars market with a share of over 45.49% in 2018

• Central and South America is a natural resource-rich region marked by the presence of expanding consumer base and low-cost labor markets. Rising middle-class income fueled healthy cereals bars to be reasonably priced for consumers is likely to fuel the regional growth

• Natural and healthy cereal bars is anticipated to have a decent upsurge in demand over the forecast period, on account of the increasing demand for the product as breakfast cereal bars, most particularly among individuals of all age groups in countries such as U.S., India, China, Germany, and Japan

• Some of the key companies present in the market are General Mills, Inc.; Nestle S.A.; Atkins Nutritionals; Cliff Bar & Company Hain Celestial Group; and The Kellogg Company. The market is extremely competitive with companies partaking in various initiatives including acquisitions, frequent mergers, strategic alliances, and capital expansion

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Information Procurement
                       1.1.1 Purchased Database
                       1.1.2 Gvr's Internal Database
                       1.1.3 Secondary Sources
                       1.1.4 Third Party Perspective
                       1.1.5 Primary Research
                   1.2 Information Analysis & Data Analysis Models
                   1.3 List to Data Sources

Chapter 2 Executive Summary
                   2.1 Market Snapshot
                   2.2 Segmental Insights
                   2.3 Competitive Insights

Chapter 3 Market Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 Parent Market Outlook
                       3.1.2 Related Market Outlook
                   3.2 Penetration & Growth Prospect Mapping
                   3.3 Value Chain Analysis
                       3.3.1 Raw Material Trends
                           3.3.1.1 Major Raw Material Analysis
                           3.3.1.2 Procurement Best Practices
                       3.3.2 Manufacturing Trends
                           3.3.2.1 Technology Trends
                   3.4 Sales Channel Analysis
                       3.4.1 Vendor Selection Criteria
                   3.5 Technology Overview
                       3.5.1 Technology Timeline
                   3.6 Regulatory Framework
                   3.7 Market Dynamics
                       3.7.1 Market Driver Analysis
                           3.7.1.1 Higher spending capability and modernization driving cereal bars demand
                           3.7.1.2 Increasing consumer awareness regarding nutrition and health & wellness
                       3.7.2 Market Restraint Analysis
                           3.7.2.1 High cost of production due to volatile raw material price and stringent regulations
                   3.8 Business Environment Analysis
                       3.8.1 PORTER'S ANALYSIS
                           3.8.1.1 Threat of new entrants
                           3.8.1.2 Bargaining power of suppliers
                           3.8.1.3 Bargaining power of buyers
                           3.8.1.4 Threat of substitutes
                           3.8.1.5 Competitive rivalry
                       3.8.2 PESTLE ANALYSIS
                           3.8.2.1 Political Landscape
                           3.8.2.2 Environmental Landscape
                           3.8.2.3 Social Landscape
                           3.8.2.4 Technology Landscape
                           3.8.2.5 Economic Landscape
                           3.8.2.6 Legal Landscape
                       3.8.3 Major Deals & Strategic Alliances Analysis
                           3.8.3.1 Mergers & Acquisitions
                           3.8.3.2 Licensing & partnership
                   3.9 Market Entry Strategy

Chapter 4 Cereal Bar Market: Product Estimates & Trend Analysis
                   4.1 Definitions & Scope
                   4.2 Cereal bar market: Product Movement Analysis, 2018 & 2025
                   4.3 Snack Bars
                       4.3.1 Global Snack Cereal Bar Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                   4.4 Energy & Nutrition Bar
                       4.4.1 Global Energy & Nutrition Cereal Bar Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                   4.5 Others
                       4.5.1 Global Others Cereal Bar Market Estimates And Forecasts, 2014 - 2025 (USD MILLION)

Chapter 5-Cereal Bar Market: Distribution Channel Estimates & Trend Analysis
                   5.1 Definitions & Scope
                   5.2 Cereal bar market: Distribution Channel Movement Analysis, 2018 & 2025
                   5.3. Hypermarkets & Supermarkets
                       5.3.1 Market Estimates And Forecasts In Hypermarkets & Supermarkets, 2014 - 2025 (USD Million)
                   5.4 Convenience Stores
                       5.4.1 Market Estimates And Forecasts In Convenience Stores, 2014 - 2025 (USD Million)
                   5.5 Food Specialty Stores
                       5.5.1 Market Estimates And Forecasts In Food Specialty Stores, 2014 - 2025 (USD Million)
                   5.6 Others
                       5.6.1 Market Estimates And Forecasts In Other Channels, 2014 - 2025 (USD Million)

Chapter 6-Cereal Bar Market: Regional Estimates & Trend Analysis
                   6.1 Definitions & Scope
                   6.2 Cereal bar market: Regional Movement Analysis, 2018 & 2025
                   6.3 North America
                       6.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       6.3.2 Market Estimates And Forecasts, By Product, 2014 - 2025 (USD Million)
                       6.3.3 Market Estimates And Forecasts, By Distribution Channel, 2014 - 2025 (USD Million)
                       6.3.4 U.S.
                           6.3.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                           6.3.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                           6.3.4.3 Market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
                   6.4. Europe
                       6.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       6.4.2 Market Estimates And Forecasts, By Product, 2014 - 2025 (USD Million)
                       6.4.3 Market Estimates And Forecasts, By Distribution Channel, 2014 - 2025 (USD Million)
                       6.4.4 U.K.
                           6.4.4.1 U.K. cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
                           6.4.4.2 U.K. cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                           6.4.4.3 U.K. cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD million)
                       6.4.5. Germany
                           6.4.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                           6.4.5.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                           6.4.5.3 Market estimates and forecasts, by distribution Channel, 2014 - 2025 (USD Million)
                   6.5. Asia Pacific
                       6.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       6.5.2 Market Estimates And Forecasts, By Product, 2014 - 2025 (USD Million)
                       6.5.3 Market Estimates And Forecasts, By Distribution Channel, 2014 - 2025 (USD Million)
                       6.5.4 China
                           6.5.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                           6.5.4.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                           6.5.4.3. Market estimates and forecasts, by distribution Channel, 2014 - 2025 (USD Million)
                       6.5.5 India
                           6.5.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                           6.5.5.2 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                           6.5.5.3 Market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
                   6.6. Central and South America
                       6.6.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       6.6.2 Market Estimates And Forecasts, By Product, 2014 - 2025 (USD Million)
                       6.6.3 Market Estimates And Forecasts, By Distribution Channel, 2014 - 2025 (USD Million)
                       6.6.4 Brazil
                           6.6.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                           6.6.4.1 Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                           6.6.4.2 Market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
                   6.7 Middle East & Africa
                       6.7.1 Market Estimates And Forecasts, By Product, 2014 - 2025 (USD Million)
                       6.7.2 Market Estimates And Forecasts, By Distribution Channel, 2014 - 2025 (USD Million)

Chapter 7 Competitive Analysis
                   7.1 Key Players' Recent Developments & Their Impact
                   7.2 Key Innovators, Market Leader, and Emerging Players
                   7.3 Vendor Landscape
                       7.3.1 List Of Key Distributors & Channel Partners
                       7.3.2 Key Customers
                   7.4 Public Companies
                       7.4.1 Company Market Position Analysis
                       7.4.2 Company Ranking
                       7.4.3 Competitive Dashboard Analysis
                       7.4.4 Market Differentiators
                       7.4.5 Synergy Analysis: Major Deals & Strategic Alliances
                       7.4.6 Swot Analysis Of Public Companies
                   7.5 Private Companies
                       7.5.1 List Of Key Emerging Companies/Technology Disruptors/Innovators
                       7.5.2 Geographical Presence
                   7.6 Company Market Position Analysis

Chapter 8 Company Profiles
                   8.1 General Mills, Inc.
                       8.1.1 Company Overview
                       8.1.2 Financial Performance
                       8.1.3 Product Benchmarking
                       8.1.4 Strategic Initiatives
                   8.2 Naturell India
                       8.2.1 Company Overview
                       8.2.2 Financial Performance
                       8.2.3 Product Benchmarking
                       8.2.4 Strategic Initiatives
                   8.3 Mars, Incorporated
                       8.3.1 Company Overview
                       8.3.2 Financial Performance
                       8.3.3 Product Benchmarking
                       8.3.4 Strategic Initiatives
                   8.4 Kind LLC
                       8.4.1 Company Overview
                       8.4.2 Financial Performance
                       8.4.3 Product Benchmarking
                       8.4.4 Strategic Initiatives
                   8.5 Nestlé S.A.
                       8.5.1 Company Overview
                       8.5.2 Financial Performance
                       8.5.3 Product Benchmarking
                       8.5.4 Strategic Initiatives
                   8.6 The Hain Celestial Group, Inc.
                       8.6.1 Company Overview
                       8.6.2 Financial Performance
                       8.6.3 Product Benchmarking
                       8.6.4 Strategic Initiatives
                   8.7 The Kellogg Company
                       8.7.1 Company Overview
                       8.7.2 Financial Performance
                       8.7.3 Product Benchmarking
                       8.7.4 Strategic Initiatives
                   8.8 Atkins Nutritional
                       8.8.1 Company Overview
                       8.8.2 Financial Performance
                       8.8.3 Product Benchmarking
                   8.9 McKee Foods
                       8.9.1 Company Overview
                       8.9.2 Financial Performance
                       8.9.3 Product Benchmarking
                   8.10 Quaker Oats
                       8.10.1 Company Overview
                       8.10.2 Financial Performance
                       8.10.3 Product Benchmarking
                   8.11 Cliff Bar & Company
                       8.11.1 Company Overview
                       8.11.2 Financial Performance
                       8.11.3 Product Benchmarking
                       8.11.4 Strategic Initiatives

List of Tables

Table 1 Cereal bar market - Drivers analysis
Table 2 Cereal bar market - Restraints analysis
Table 3 Global snack cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 4 Global energy & nutrition cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 5 Global other cereal bars market estimates and forecasts, 2014 - 2025 (USD Million)
Table 6 Global cereal bar market estimates and forecasts in hypermarkets & supermarkets, 2014 - 2025 (USD Million)
Table 7 Global cereal bar market estimates and forecasts in convenience stores, 2014 - 2025 (USD Million)
Table 8 Global cereal bar market estimates and forecasts in food specialty stores, 2014 - 2025 (USD Million)
Table 9 Global cereal bar market estimates and forecasts in other channels, 2014 - 2025 (USD Million)
Table 10 North America cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 11 North America cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 12 North America cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 13 U.S. cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 14 U.S. cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 15 U.S. cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 16 Europe cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 17 Europe. cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 18 Europe cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 19 U.K. cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 20 U.K.. cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 21 Europe cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 22 Germany cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 23 Germany cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 24 Germany cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 25 Asia Pacific cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 26 Asia pacific cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 27 Asia pacific cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 28 China cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 29 China cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 30 China cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 31 India cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 32 India cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 33 India cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 34 Central and South America cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 35 Central and South America cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 36 Central and South America cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 37 Brazil cereal bar market estimates and forecasts, 2014 - 2025 (USD Million)
Table 38 Brazil cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 39 Brazil cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)
Table 40 Middle East & Africa cereal bar market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 41 Middle East & Africa cereal bar market estimates and forecasts, by distribution channel, 2014 - 2025 (USD Million)

List of Figures

Fig. 1 Cereal bar market revenue, 2018 (USD Million)
Fig. 2 Cereal bar market Segmentation
Fig. 3 Cereal bar market volume & revenue, 2014 - 2025 (USD Million)
Fig. 4 Porter's Analysis
Fig. 5 Cereal bars: Market Dynamics
Fig. 6 Porter's Analysis
Fig. 7 PESTEL Analysis