Report ID : AMR1004207 | Industries : Food and Beverage | Published On :December 2023 | Page Count : 228
Global Granola Bars Market Size, Trends, and Growth Opportunity, By Product Type (Fruit Flavors, Nut Flavors, Spice Flavors and Others), By Origin (Organic and Conventional), By Distribution Channel (Supermarkets, Hypermarkets, Online stores, Convenience Stores, Specialty Stores and Others), By Region and forecast till 2030.
Global Granola Bars Market
Global Granola Bars Market was valued at USD 4.4 billion in 2022 and is slated to reach USD 5.5 billion by 2030 at a CAGR of 3.2% from 2023-2030.
Granola bars are a sweet, baked in the oven treat made of a mixture of nuts, seeds, honey, puffed rice, and other ingredients. Due of their modest weight, those who enjoy outdoor activities frequently choose them. Due to their high nutritional value, particularly in terms of protein, granola bars are used in a variety of food products, such as baked goods, yogurt, and ice cream.
Market Drivers
Granola bar sales are rising as a result of many factors. Producers are experimenting with tastes to entice consumers, and a move toward healthy breakfast options with lower fat and sugar content is fostering market expansion. As consumer lifestyles change, young people's interest in ready-to-drink premixes rises, the value of distinctive and ethnic flavors grows, and innovative marketing and promotional strategies, there is an increase in the demand for granola bars on a global scale. The adoption of e-commerce, affordable prices, easy accessibility, the addition of natural and health-beneficial component cocktails to frozen drinks, increased investment in pubs and bars, and the accessibility of a broad variety of tastes in granola bars are what are driving this product's growth in the global market.
Market Restraints
The low consumer knowledge of granola bars is a significant barrier for the business. Granola bars are a practical and wholesome snack, but many prospective buyers are unaware of their benefits. Numerous things may be to blame for this ignorance. To reach a larger audience and fully realize the promise of granola bars as a healthy snack alternative, it is imperative to get beyond this barrier through efficient marketing and educational strategies.
Impact of COVID-19
Granola bar sales first faced difficulties as a result of supply chain disruptions and changes in customer behavior brought on by the COVID-19 epidemic. Demand was impacted by lockdowns and economic uncertainty. Granola bars saw an increase in consumption while the epidemic persisted, though, as there was an increasing emphasis on healthier eating practices and they were seen as a practical and wholesome snack. The market changed and evolved in reaction to the pandemic, as evidenced by the success of brands that quickly adapted to the new consumer tastes and placed an emphasis on online sales channels.
Recent Development
In March 2020, Kellogg Co. launched Kellogg's Cereal Bars, featuring cereal pieces equivalent to half a serving of cereal by weight. These bars come in Kellogg's Frosted Flakes and Kellogg's Froot Loops options, providing a convenient snack with 90 to 100 calories and 8 grams of sugar per bar.
Market Segmentation
Global Granola Bars Market is segmented into product type and origin and distribution channel. By product type such as fruit flavors, nut flavors, spice flavors and others. By origin such as organic and conventional. By distribution channel such as supermarkets, hypermarkets, online stores, convenience stores, specialty stores and others.
Regional Analysis
Global Granola Bars Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market for granola bars in North America is driven by a number of important variables. Granola bars satisfy the growing demand from consumers for quick and wholesome snack options. There has been a noticeable shift toward healthier eating options, led by those who are concerned about their health. In addition, the demand for portable breakfast options is fostering market expansion. Innovative product offers and successful marketing and promotional methods are supporting the market's growth in the area.
Key Players
This report includes a list of numerous Key Players, namely ADM, Olam International Limited, Barry Callebaut, Blue Diamond Growers, John B. Sanfilippo & Son, Kanegrade, Borges Agricultural & Industrial Nuts, Savencia SA, The Wonderful Company, Kellogg Co.
Market Taxonomy
By Product Type
• Fruit Flavors
• Nut Flavors
• Spice Flavors
• Others
By Origin
• Organic
• Conventional
By Distribution Channel
• Supermarkets
• Hypermarkets
• Online stores
• Convenience Stores
• Specialty Stores
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Granola Bars Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Granola Bars Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Granola Bars Market, By Product Type
5.1. Y-o-Y Growth Comparison, By Product Type
5.2. Global Granola Bars Market Share Analysis, By Product Type
5.3. Global Granola Bars Market Size and Forecast, By Product Type
5.3.1. Fruit Flavors
5.3.2. Nut Flavors
5.3.3. Spice Flavors
5.3.4. Others
6. Global Granola Bars Market, By Origin
6.1. Y-o-Y Growth Comparison, By Origin
6.2. Global Granola Bars Market Share Analysis, By Origin
6.3. Global Granola Bars Market Size and Forecast, By Origin
6.3.1. Organic
6.3.2. Conventional
7. Global Granola Bars Market, By Distribution Channel
7.1. Y-o-Y Growth Comparison, By Distribution Channel
7.2. Global Granola Bars Market Share Analysis, By Distribution Channel
7.3. Global Granola Bars Market Size and Forecast, By Distribution Channel
7.3.1. Supermarkets
7.3.2. Hypermarkets
7.3.3. Online stores
7.3.4. Convenience Stores
7.3.5. Specialty Stores
7.3.6. Others
8. Global Granola Bars Market, By Region
8.1. Global Granola Bars Market Share Analysis, By Region
8.2. Global Granola Bars Market Share Analysis, By Region
8.3. Global Granola Bars Market Size and Forecast, By Region
9. North America Granola Bars Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. North America Granola Bars Market Share Analysis, By Product Type
9.3. North America Granola Bars Market Share Analysis, By Origin
9.4. North America Granola Bars Market Share Analysis, By Distribution Channel
9.5. North America Granola Bars Market Size and Forecast, By Country
9.5.1. U.S.
9.5.1.1. Market Size and Forecast, By Product Type
9.5.1.2. Market Size and Forecast, By Origin
9.5.1.3. Market Size and Forecast, By Distribution Channel
9.5.2. Canada
9.5.2.1. Market Size and Forecast, By Product Type
9.5.2.2. Market Size and Forecast, By Origin
9.5.2.3. Market Size and Forecast, By Distribution Channel
9.5.3. Mexico
9.5.3.1. Market Size and Forecast, By Product Type
9.5.3.2. Market Size and Forecast, By Origin
9.5.3.3. Market Size and Forecast, By Distribution Channel
10. Europe Granola Bars Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Europe Granola Bars Market Share Analysis, By Product Type
10.3. Europe Granola Bars Market Share Analysis, By Origin
10.4. Europe Granola Bars Market Share Analysis, By Distribution Channel
10.5. Europe Granola Bars Market Size and Forecast, By Country
10.5.1. Germany
10.5.1.1. Market Size and Forecast, By Product Type
10.5.1.2. Market Size and Forecast, By Origin
10.5.1.3. Market Size and Forecast, By Distribution Channel
10.5.2. France
10.5.2.1. Market Size and Forecast, By Product Type
10.5.2.2. Market Size and Forecast, By Origin
10.5.2.3. Market Size and Forecast, By Distribution Channel
10.5.3. UK
10.5.3.1. Market Size and Forecast, By Product Type
10.5.3.2. Market Size and Forecast, By Origin
10.5.3.3. Market Size and Forecast, By Distribution Channel
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Product Type
10.5.4.2. Market Size and Forecast, By Origin
10.5.4.3. Market Size and Forecast, By Distribution Channel
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Product Type
10.5.5.2. Market Size and Forecast, By Origin
10.5.5.3. Market Size and Forecast, By Distribution Channel
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Product Type
10.5.6.2. Market Size and Forecast, By Origin
10.5.6.3. Market Size and Forecast, By Distribution Channel
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Product Type
10.5.7.2. Market Size and Forecast, By Origin
10.5.7.3. Market Size and Forecast, By Distribution Channel
11. Asia Pacific Granola Bars Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Asia Pacific Granola Bars Market Share Analysis, By Product Type
11.3. Asia Pacific Granola Bars Market Share Analysis, By Origin
11.4. Asia Pacific Granola Bars Market Share Analysis, By Distribution Channel
11.5. Asia Pacific Granola Bars Market Size and Forecast, By Country
11.5.1. China
11.5.1.1. Market Size and Forecast, By Product Type
11.5.1.2. Market Size and Forecast, By Origin
11.5.1.3. Market Size and Forecast, By Distribution Channel
11.5.2. Japan
11.5.2.1. Market Size and Forecast, By Product Type
11.5.2.2. Market Size and Forecast, By Origin
11.5.2.3. Market Size and Forecast, By Distribution Channel
11.5.3. India
11.5.3.1. Market Size and Forecast, By Product Type
11.5.3.2. Market Size and Forecast, By Origin
11.5.3.3. Market Size and Forecast, By Distribution Channel
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Product Type
11.5.4.2. Market Size and Forecast, By Origin
11.5.4.3. Market Size and Forecast, By Distribution Channel
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Product Type
11.5.5.2. Market Size and Forecast, By Origin
11.5.5.3. Market Size and Forecast, By Distribution Channel
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Product Type
11.5.6.2. Market Size and Forecast, By Origin
11.5.6.3. Market Size and Forecast, By Distribution Channel
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Product Type
11.5.7.2. Market Size and Forecast, By Origin
11.5.7.3. Market Size and Forecast, By Distribution Channel
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Product Type
11.5.8.2. Market Size and Forecast, By Origin
11.5.8.3. Market Size and Forecast, By Distribution Channel
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Product Type
11.5.9.2. Market Size and Forecast, By Origin
11.5.9.3. Market Size and Forecast, By Distribution Channel
12. Latin America Granola Bars Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Latin America Granola Bars Market Share Analysis, By Product Type
12.3. Latin America Granola Bars Market Share Analysis, By Origin
12.4. Latin America Granola Bars Market Share Analysis, By Distribution Channel
12.5. Latin America Granola Bars Market Size and Forecast, Country
12.5.1. Brazil
12.5.1.1. Market Size and Forecast, By Product Type
12.5.1.2. Market Size and Forecast, By Origin
12.5.1.3. Market Size and Forecast, By Distribution Channel
12.5.2. Argentina
12.5.2.1. Market Size and Forecast, By Product Type
12.5.2.2. Market Size and Forecast, By Origin
12.5.2.3. Market Size and Forecast, By Distribution Channel
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Product Type
12.5.3.2. Market Size and Forecast, By Origin
12.5.3.3. Market Size and Forecast, By Distribution Channel
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Product Type
12.5.4.2. Market Size and Forecast, By Origin
12.5.4.3. Market Size and Forecast, By Distribution Channel
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Product Type
12.5.5.2. Market Size and Forecast, By Origin
12.5.5.3. Market Size and Forecast, By Distribution Channel
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Product Type
12.5.6.2. Market Size and Forecast, By Origin
12.5.6.3. Market Size and Forecast, By Distribution Channel
12.5.7. Rest of Latin America
12.5.7.1. Market Size and Forecast, By Product Type
12.5.7.2. Market Size and Forecast, By Origin
12.5.7.3. Market Size and Forecast, By Distribution Channel
13. Middle East Granola Bars Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Middle East Granola Bars Market Share Analysis, By Product Type
13.3. Middle East Granola Bars Market Size and Forecast, By Origin
13.4. Middle East Granola Bars Market Size and Forecast, By Distribution Channel
13.5. Middle East Granola Bars Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Product Type
13.5.1.2. Market Size and Forecast, By Origin
13.5.1.3. Market Size and Forecast, By Distribution Channel
13.5.2. UAE
13.5.2.1. Market Size and Forecast, By Product Type
13.5.2.2. Market Size and Forecast, By Origin
13.5.2.3. Market Size and Forecast, By Distribution Channel
13.5.3. Egypt
13.5.3.1. Market Size and Forecast, By Product Type
13.5.3.2. Market Size and Forecast, By Origin
13.5.3.3. Market Size and Forecast, By Distribution Channel
13.5.4. Kuwait
13.5.4.1. Market Size and Forecast, By Product Type
13.5.4.2. Market Size and Forecast, By Origin
13.5.4.3. Market Size and Forecast, By Distribution Channel
13.5.5. South Africa
13.5.5.1. Market Size and Forecast, By Product Type
13.5.5.2. Market Size and Forecast, By Origin
13.5.5.3. Market Size and Forecast, By Distribution Channel
13.5.6. Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Product Type
13.5.6.2. Market Size and Forecast, By Origin
13.5.6.3. Market Size and Forecast, By Distribution Channel
14. Competitive Analysis
14.1. Competition Dashboard
14.2. Market share Analysis of Top Vendors
14.3. Key Development Strategies
15. Company Profiles
15.1. ADM
15.1.1. Offerings
15.1.2. Key Financials
15.1.3. Business Segment & Geographic Overview
15.1.4. Key Market Developments
15.1.5. Key Strategies
15.2. Olam International Limited
15.2.1. Overview
15.2.2. Offerings
15.2.3. Key Financials
15.2.4. Business Segment & Geographic Overview
15.2.5. Key Market Developments
15.2.6. Key Strategies
15.3. Barry Callebaut
15.3.1. Overview
15.3.2. Offerings
15.3.3. Key Financials
15.3.4. Business Segment & Geographic Overview
15.3.5. Key Market Developments
15.3.6. Key Strategies
15.4. Blue Diamond Growers
15.4.1. Overview
15.4.2. Offerings
15.4.3. Key Financials
15.4.4. Business Segment & Geographic Overview
15.4.5. Key Market Developments
15.4.6. Key Strategies
15.5. John B. Sanfilippo & Son
15.5.1. Overview
15.5.2. Offerings
15.5.3. Key Financials
15.5.4. Business Segment & Geographic Overview
15.5.5. Key Market Developments
15.5.6. Key Strategies
15.6. Kanegrade
15.6.1. Overview
15.6.2. Offerings
15.6.3. Key Financials
15.6.4. Business Segment & Geographic Overview
15.6.5. Key Market Developments
15.6.6. Key Strategies
15.7. Borges Agricultural & Industrial Nuts
15.7.1. Overview
15.7.2. Offerings
15.7.3. Key Financials
15.7.4. Business Segment & Geographic Overview
15.7.5. Key Market Developments
15.7.6. Key Strategies
15.8. Savencia SA
15.8.1. Overview
15.8.2. Offerings
15.8.3. Key Financials
15.8.4. Business Segment & Geographic Overview
15.8.5. Key Market Developments
15.8.6. Key Strategies
15.9. The Wonderful Company
15.9.1. Overview
15.9.2. Offerings
15.9.3. Key Financials
15.9.4. Business Segment & Geographic Overview
15.9.5. Key Market Developments
15.9.6. Key Strategies
15.10. Kellogg Co.
15.10.1. Overview
15.10.2. Offerings
15.10.3. Key Financials
15.10.4. Business Segment & Geographic Overview
15.10.5. Key Market Developments
15.10.6. Key Strategies
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