Granola Bars Market Size to Grow by $ 2.32 bn During 2021-2025
Technavio has been monitoring the granola bars market and it is expected to grow by $ 2.32 bn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
Granola Bars Market: Receive Free Sample Report
Granola Bars Market: North America to lead market growth during the forecast period
Granola Bars Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Clif Bar & Co., General Mills Inc., Kellogg Co., Mars Inc., McKee Foods, Mondelez International Inc., PepsiCo Inc., Question Nutrition, The Hain Celestial Group Inc., and The Hershey Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights on this market: Download a Free Sample Report
Granola Bars Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs:
Granola Bars Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the granola bars market and it is expected to grow by $ 2.32 bn, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Granola Bars Market: Key Trends to impact market growth
The Increasing demand for gluten-free granola bars is one of the key granola bars market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Granola Bars Market: Top Drivers to Boost Demand
The Multiple health benefits of granola is one of the primary factors driving the growth of the granola bars market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: Clif Bar & Co., General Mills Inc. and Kellogg Co. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Clif Bar & Co., General Mills Inc., Kellogg Co., Mars Inc., McKee Foods, Mondelez International Inc., PepsiCo Inc., Question Nutrition, The Hain Celestial Group Inc., and The Hershey Co. are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Granola Bars Market: Key Highlights of the Report for 2021-2025
Technavio has been monitoring the Global Granola Bars Market and it is expected to grow by USD 2.32 billion progressing at a CAGR of over 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
North America will drive the market growth
The growing demand for on-the-go nutritious food is one of the prime factors that will facilitate the granola bars market growth in North America. 40% of the market growth will originate from North America during the forecast period. The US and Canada are the key markets for granola bars in North America. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the granola bars market size.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
Granola Bars Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Clif Bar & Co., General Mills Inc., Kellogg Co., Mars Inc., McKee Foods, Mondelez International Inc., PepsiCo Inc., Question Nutrition, The Hain Celestial Group Inc., and The Hershey Co.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
Granola Bars Market: Key Highlights of the Report for 2020-2024
