Food & Beverages Market 2019 Global Industry Share, Size, Global Industry Analysis, Key Growth Drivers Trends, Segments, Emerging Technologies, Opportunity and Forecast 2019 to 2023 | Market Reports World – The Headlines Bridge

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Cereal

The Cereal Bar Market Report 2019-2023 focuses on the global Cereal Bar status, future forecast, growth opportunity, key market, and key players. 

The Cereal Bar Market report studies the global market size of Cereal Bar in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Cereal Bar in these regions. This research report categorizes the global Cereal Bar market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.

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The various contributors involved in the value chain of Cereal Bar include manufacturers, suppliers, distributors, intermediaries, and customers.

The Key Players covered in this study:-

  • Atkins Nutritionals
  • Brueggen
  • Cliff Bar
  • Freedom Foods
  • General Mills
  • Hain Celestial Group
  • Kashi
  • Kelloggs
  • Mars
  • McKee Foods
  • Naturell India
  • Nestle SA

Overview of Cereal Bar Market Research Report 2019-2023:-

Market Insights

The global cereal bar market is expected to register a CAGR of 3.9% during the forecast period to reach a market value of USD 15.35 billion by 2023.Cereal bars are considered healthy alternatives to other snacks, as they contain high protein and fiber content. The increasing popularity of cereal bars among all age groups supports the growth of this market. Kelloggs, a prominent vendor of cereal bars, holds one-third of the global market share.

Market Dynamics

Increasing consumer preference towards snack bars and energy nutrition bars in place of breakfast cereals owing to hectic schedules and rising health awareness is expected to provide impetus for market growth. The bars have benefited from consumers wanting to eat more healthily with the minimum of effort. They are following the trend toward all-day grazing and the shift to informal, less structured mealtimes. For these snacking occasions, the category competes with other health-focused snack options.
However, rising cost of raw materials like nuts, chocolate, and others to make snack bars and fluctuations in its supply can pose a threat to on time product delivery of snack bars.
Cereal bar market is yet to reach its potential growth in developing regions where people are not completely aware of cereal bars and still consume traditional snack food items like biscuits, chips among others.

Market Segmentation

The global cereal bar market is segmented by the distribution channel into super markets/hyper markets, convenience stores, specialty food stores, and others. With a share of more than 50%, the super markets/hyper markets segment has the highest number of sales.

Regional Analysis

The global cereal bars market has been geographically segmented into North America, Europe, South America, Africa and Asia-Pacific. The market is expected to grow rapidly in the Asia-Pacific region, with India and China holding the largest market share. The increasing middle class population, coupled with a rise in health consciousness among the people, drives the growth of the cereal bars market in the region. In North America, the U.S holds the largest market share, supported by the introduction of sugar-free cereal bars.

Competitive Landscape

Major players – ATKINS NUTRITIONALS, BRUEGGEN, CLIFF BAR, FREEDOM FOODS, GENERAL MILLS, HAIN CELESTIAL GROUP, KASHI, KELLOGGS, MARS, MCKEE FOODS, NATURELL INDIA, and NESTLE SA, among others.

The global market for cereal bars is dominated by Kelloggs, Nestle and General Mills, wherein, Kelloggs alone accounts for one-third of the global sale. A lot of capital is being invested by vendors in research and development to remain competitive in the market, with vendors competing for innovation, pricing, and distribution.

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Reasons to Purchase this Report

  • Analyzing outlook of the market with the recent trends and Porters five forces analysis
  • Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
  • Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)

    Key questions answered in the Cereal Bar Market Report are.

    • What will the market size be in 2023 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors? 

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    This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cereal Bar market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

    Major Points from TOC of Cereal Bar Market Research Report 2019-2023:

    1. INTRODUCTION
      1 Study Deliverables
      1.2 Study Assumptions
      1.3 Scope of the Study
    1. RESEARCH METHODOLOGY
    1. EXECUTIVE SUMMARY
    1. MARKET DYNAMICS
      1 Drivers
      4.1.1 Rise in Defence Expenditure of Many Countries
      4.1.2 Increasing Demand of Lightweight Materials in the Industry
      4.2 Restraints
      4.2.1 Need for High Investments in R&D
      4.2.2 Other Restraints
      4.3 Industry Value-Chain Analysis
      4.4 Porters 5 Force Analysis
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Consumers
      4.4.3 Threat of New Entrants
      4.4.4 Threat of Substitute Products and Services
      4.4.5 Degree of Competition
      4.5 Price Analysis
    1. MARKET SEGMENTATION
      1 By Application
      5.2 End-user Sector
      5.2.1 Residential
      5.2.2 Commercial
      5.2.3 Institutional
      5.3 Geography
      5.3.1 Asia-Pacific
      5.3.2 North America
      5.3.3 Europe
      5.3.4 South America
      5.3.5 the Middle East & Africa

      Continued…

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