The article cited AMA's Global Granola Bars Market Study explored substantial growth with CAGR of 5.1%. According the report, Increasing health consciousness and raising awareness about various diseases and digestive problems
is one of the primary growth factors for the market. The rising demand for gluten-free food products
is also expected to contribute significantly to the Granola Bars market. Overall, applications of Granola Bars, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as General Mills, Inc. (United States), The Kellogg Company (United States), PepsiCo, Inc. (United States), Clif Bar & Company (United States), Oriole Healthy Food (United States), Kellogg (United States), Bagrrys India Limited(India), Marico Limited (India), Post Holdings, Inc. (United States) and TreeHouse Foods, Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Convenience Stores, is boosting the Granola Bars market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Flavors, such as Fruit Flavors, is boosting the Granola Bars market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Source, such as Rolled Oats, is boosting the Granola Bars market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Granola Bars market identified that the demand is rising in many different parts of the world as "Product and packaging innovation are some of the factors that would ensure smooth growth of the granola bars market
". Furthermore, some recent industry insights like "In March 2023, Bagrrys has announced the launch of “The Mighty Muesli Bars”, the launch of Bagrry’s Mighty Muesli Bars they have re-entered the Cereal Bar space. The energy-infused “Mighty Muesli Bars” come in three varieties like Choco Nut Delight, Signature Crunch and Fruits, Nuts & Seeds." is constantly making the industry dynamic. One of the challenges that industry facing is "The Stringent government regulation in food products"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Granola Bars market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Granola Bars market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Granola Bars market tight? Which application/end-user category or Product Type [Organic and Non-Organic] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Granola Bars market and other related sub-markets covered in the study.
o Key & emerging players in the Granola Bars market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Granola Bars market size is calculated using market estimation process, the Granola Bars market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Granola Bars market size has been validated using both top-down and bottom-up approaches.