Global Granola Bars Market Growth 2023-2029
Maintaining a healthy lifestyle and a healthy diet is a top priority among consumers today. However, besides health benefits, consumers also look for good taste when purchasing food products. Thus, granola bars fit the requirements of consumers. The portability and filling capacity of these bars are the other reasons behind their growing popularity.
LPI (LP Information)' newest research report, the “Granola Bars Industry Forecast” looks at past sales and reviews total world Granola Bars sales in 2022, providing a comprehensive analysis by region and market sector of projected Granola Bars sales for 2023 through 2029. With Granola Bars sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Granola Bars industry.
This Insight Report provides a comprehensive analysis of the global Granola Bars landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Granola Bars portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Granola Bars market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Granola Bars and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Granola Bars.
The global Granola Bars market size is projected to grow from US$ 10590 million in 2022 to US$ 14450 million in 2029; it is expected to grow at a CAGR of 14450 from 2023 to 2029.
One driver in market is multiple health benefits of granola. Over the past two decades, urbanization and consumerism have led to considerable changes in the lifestyles and dietary habits of people across the world. There has been a substantial increase in the consumption of artificial and synthetic food products, increasing the incidence of lifestyle diseases such as drug abuse, alcohol, and smoking. However, consumers are becoming more concerned and conscious about their health and fitness and paying more attention to the nutritional content of the food they eat. Thus, ingredients such as granola that have multiple health benefits are becoming popular among consumers.
This report presents a comprehensive overview, market shares, and growth opportunities of Granola Bars market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Organic
Non-Organic
Segmentation by application
Supermarkets and Hypermarkets
Convenience Stores
Vending Machines
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Mills
Kellogg
Quaker
KIND Snacks
Clif Bar
Sunbelt Bakery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Granola Bars market?
What factors are driving Granola Bars market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Granola Bars market opportunities vary by end market size?
How does Granola Bars break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.