Cereal Bars Market Report 2021-26: Trends, Scope, Demand, Opportunity and Forecast

Cereal Bars Market

Cereal Bars Market

Looking forward, IMARC Group expects the global cereal bars market to grow at a CAGR of 4.3% during the forecast period (2021-2026).

SHERIDAN, WYOMING, UNITED STATES, October 18, 2021 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Cereal Bars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global cereal bars market reached a strong growth in 2020. Cereal bars are nutritional snack products made from milk, oats, rice, biscuits, corn starch and edible adhesives. These are fortified with minerals, vitamins, complex carbohydrates and other essential nutrients. Cereal bars are a rich source of starch, proteins, phosphorus, iron, fiber, antioxidants, and potassium. The consumption of cereal bars helps treat and prevent various health conditions, including diabetes, cardiopathies, obesity, and malnutrition.

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The growth of the global cereal bars market can be attributed to the rising health consciousness amongst consumers, which has created a demand for low-fat, high-fiber snack products. Other than this, the increasing consumption of ready-to-eat breakfast items across the globe is further supporting the market growth. The emerging trend of clean-label products is creating a demand for additive-free, gluten-free. This, along with rising disposable incomes, the introduction of new flavors, and improving retail distribution channels, represents some of the other growth-inducing factors driving the market. Looking forward, IMARC Group expects the global cereal bars market to grow at a CAGR of 4.3% during the forecast period (2021-2026).

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

Atkins Nutritionals Inc. (Simply Good Foods Co.)
Clif Bar & Company
Eat Natural
General Mills Inc.
Kellogg Company
Kind LLC
McKee Foods Corporation
Nestlé S.A
Otsuka Pharmaceutical
Quaker Oats Co. (PepsiCo)

Market Segmentation:

Breakup by Product:

Snacks Bar
Energy and Nutrition Bar
Others

Breakup by Flavor:

Caramel
Banana
Chocolate
Honey
Strawberry
Peanut Butter
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Food Specialty Stores
Convenience Stores
Online Stores
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain,Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:                                                    

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Services Private Limited
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Source: EIN Presswire