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

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Granola Bars Market: North America to lead market growth during the forecast period

40% of the market growth will originate from North America during the forecast period.
Increasing demand for gluten-free granola bars will be a key trend that will influence market growth significantly.
The Multiple health benefits of granola will be a significant factor in driving the growth of the granola bars market.

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.

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Granola Bars Market: Key Highlights of the Report for 2021-2025

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive granola bars market growth during the next five years
Precise estimation of the granola bars market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the granola bars market industry across North America, Europe, APAC, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of granola bars market vendors

The report provides insights into the following FAQs:

What is the market CAGR?
The market is accelerate at a CAGR of over 5%.
What is the incremental growth of the market?
The market is expected to grow by $ 2.32 bn through 2021-2025.
What is a key factor driving this market?
{{driver_1} will drive market growth over the forecast period.
What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
Which is the leading geographic region for this market:
40% growth will originate from North America
Who are the leading market vendors?
The leading vendors in this market are 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.
What are the market segments covered in this report?
The market is segmented by Product (Conventional and Organic), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, South America, and MEA)

Granola Bars Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

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

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive granola bars market growth during the next five years
Precise estimation of the granola bars market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the granola bars market industry across North America, Europe, APAC, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of granola bars market vendors

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

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive Granola Bars Market growth during the next five years
Precise estimation of the Granola Bars Market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the granola bars industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of Granola Bars Market vendors