Granola Bar Market, By Type (Organic Granola Bars and Inorganic Granola Bars), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, and Online Retailers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI106519 | Publish Date: March 2024 | No. of Pages: 178

Global Granola Bar Market By Overview

Introduction

Granola Bar Market was valued at US$ 5.3 Billion in 2024 and is projected to grow at a CAGR of 7.50% to reach US$ 10.2 Billion by 2034.

The granola bar market is a segment of the broader snack and health food industry that focuses on providing consumers with a convenient and nutritious on-the-go snack option. These bars are typically made from a mixture of oats, nuts, seeds, dried fruits, sweeteners, and sometimes grains or cereals.

Dividing this target market into segments:

Granola Bar Market is segmented based on Type, Application and Region.

Type Insight

On the basis of Type, the target market is segmented into Organic Granola Bars and Inorganic Granola Bars.

Distribution Channel Insight

On the basis of Distribution Channel, the target market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, and Online Retailers.

Global Granola Bar Market By Dynamics

Drivers

Restrains

Convenience and On-the-Go Lifestyles

Sugar Content Concerns

Preference for Natural and Organic Products

Packaging and Environmental Concerns

Diversity in Flavors and Ingredients

 

Global Granola Bar Market By Segmentation

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding.

o   Diverse Product Offerings

o   Innovation in Flavors and Ingredients

o   Health and Wellness Focus

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period.

o   Rapid Market Growth

o   Diverse Taste Preferences

o   E-commerce Channels

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type –  Organic Granola Bars and Inorganic Granola Bars

By Distribution Channel - Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, and Online Retailers

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Global Granola Bar Market By Key Players

The key players operating the Granola Bar Market includes, Danish Crown A/S, Fresh Del Monte Produce NA, Inc., Greenyard Fresh NV, Tyson Foods, Inc., D’Arrigo Bros Company, Driscoll Strawberry Associates, Inc., Dole Food Company, Grimmway Farms, Inc., NatureSweet Ltd., Reynolds Catering Supplies Ltd.

Recent Development:

             The New Launched Product News,

  • In March 2023, Bagrrys India launched new varieties of energy bars “The Mighty Muesli Bars”. These granola bars have a strong fiber content and are loaded with nuts, fruits, honey, and many grains. There are three types of the energy-boosting “Mighty Muesli Bars”: Signature Crunch, Fruits, Nuts & Seeds, and Chocolate Nut Delight. These energy bars come in retail and consumer packs with six bars each variant, an assorted pack with six bars (2 bars of each variant), and a pack of 24 bars (of each variety) for retailers and ardent customers. The MRP for each bar is Rs 40.
  • In February 2022, McKee Foods Corp. has expanded its Sunbelt Bakery brand with the launch of Panda chewy granola bars. There is no high-fructose corn syrup or preservatives in the bars; they are produced only with whole grain grains, white and chocolate chips. There is no high-fructose corn syrup or preservatives in the bars; they are produced only with whole grain grains, white and chocolate chips.
  • In November 2022, Kellogg Co. baked snacks brand RXBAR is debuting its first line of granola in three flavors including original, peanut butter and chocolate. Each granola flavor contains 10 grams of protein per serving and features a crunchy oat base. In addition to launching the granola, RXBAR is launching Strawberry RXBAR, the first bar in its new Craft Batch line. A serving of each bar has 12 grams of protein. Every year, one new bar will be released as part of the Craft Batch program, depending on input and influence from customers.

Global Granola Bar Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Granola Bar Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Organic Granola Bars
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Inorganic Granola Bars
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Granola Bar Market, By Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Supermarkets/Hypermarkets
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Convenience Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Specialty Food Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Online Retailers
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Granola Bar Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Atkins Nutritionals, General Mills, Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PepsiCo, Inc., Noble Foods,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hearthside Food Solutions LLC,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sunny Crunch Foods ltd, Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Olympia Granola, Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bakery Barn, Inc.,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nature Valley,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Standard Functional Foods Group, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word             

  • Future Impact
  • About Us
  • Contact

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