Granola bars are made from ingredients such as oats, dried fruit, nuts, seeds, sugar, coconut, and chocolate chips. The nutritional value of granola bars can differ significantly depending on the brand and the ingredients used. Most granola bars have about 100-300 calories, 1-10 grams of protein, and 1-7 grams of fiber in one serving.
MARKET DYNAMICS
The global granola bars market is witnessing a notable growth rate and is expected to continue to do during the forecast period. The growth of the market can be attributed to the rising demand for gluten-free food products. Further, growing health consciousness and awareness of different diseases and digestive disorders are triggering global demand growth for granola bars. Moreover, the availability of organic granola bars and continuous R&D investment by the market players in introducing new products and is also boosting the sales of granola bars. Furthermore, several players are also promoting granola bars with regard to new flavors and ingredients used in granola bars that will have a favorable effect on consumers. However, the lack of awareness regarding the benefits of granola bars amongst the population of few developing and underdeveloped countries is hampering the market growth. The market is expected to emerge lucrative due to the increasing demand for vegan granola bars, which have become a part of the vegan lifestyle.
MARKET SCOPE
The "Global Granola bars Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the granola bars market with detailed market segmentation by category, distribution channel, and geography. The global granola bars market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading granola bars market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global granola bars market is segmented on the category, and distribution channel. Based on category, the global granola bars market is segmented into organic and conventional. Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global granola bars market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The granola bars market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the granola bars market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the granola bars market in these regions.
MARKETPLAYERS
The reports cover key developments in the granola bars market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Granola bars market are anticipated to lucrative growth opportunities in the future with the rising demand for Granola bars in the global market. Below mentioned is the list of few companies engaged in the Granola bars market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Granola bars market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Clif Bar & Co.
- General Mills Inc.
- Kellogg Co.
- Mars Inc.
- McKee Foods
- Mondelez International Inc.
- PepsiCo Inc.
- Quest Nutrition
- The Hain Celestial Group Inc.
- The Hershey Co.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.