The Europe Cereal Bar Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 316.8 million units, showcasing a growth of 6.3% (2019-2022).
Modern lifestyles, characterized by hectic schedules and a constant need for convenience, have propelled the popularity of this. These products provide a convenient and easily transportable option for breakfast, midday munchies, or meal replacements, appealing to the hectic schedules of city dwellers and individuals with rigorous work obligations.
Moreover, the market has responded to the call to personalize food choices. Manufacturers are increasingly offering a variety of flavors, textures, and nutritional profiles to cater to diverse consumer preferences. Customizable options, such as bars tailored for specific dietary requirements or flavor preferences, are gaining traction.
According to the data provided by the Government of the United Kingdom, a nationwide survey of more than 5000 adults in England revealed that 80% of those aged 18 and older intended to alter their lifestyle in 2021. Nearly 50% of people (43%) are more inspired to change their lives in January than in 2020. In the range of 6 million adults (aged 40 to 60), 40% plan to eat more healthfully.
The Germany market dominated the Europe Cereal Bar Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1304.6 Million by 2030.The UK market is showcasing a CAGR of 6.3% during (2023 - 2030). Additionally, The France market would register a CAGR of 8.1% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Food Specialty Stores, Online, and Convenience Stores & Others. Based on Product Type, the market is segmented into Snacks Bar, Energy & Nutrition Bars, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Modern lifestyles, characterized by hectic schedules and a constant need for convenience, have propelled the popularity of this. These products provide a convenient and easily transportable option for breakfast, midday munchies, or meal replacements, appealing to the hectic schedules of city dwellers and individuals with rigorous work obligations.
Moreover, the market has responded to the call to personalize food choices. Manufacturers are increasingly offering a variety of flavors, textures, and nutritional profiles to cater to diverse consumer preferences. Customizable options, such as bars tailored for specific dietary requirements or flavor preferences, are gaining traction.
According to the data provided by the Government of the United Kingdom, a nationwide survey of more than 5000 adults in England revealed that 80% of those aged 18 and older intended to alter their lifestyle in 2021. Nearly 50% of people (43%) are more inspired to change their lives in January than in 2020. In the range of 6 million adults (aged 40 to 60), 40% plan to eat more healthfully.
The Germany market dominated the Europe Cereal Bar Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1304.6 Million by 2030.The UK market is showcasing a CAGR of 6.3% during (2023 - 2030). Additionally, The France market would register a CAGR of 8.1% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Food Specialty Stores, Online, and Convenience Stores & Others. Based on Product Type, the market is segmented into Snacks Bar, Energy & Nutrition Bars, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- General Mills Inc.
- Naturelle Consumer Products Ltd.
- Mars, Inc. (Kind LLC)
- Nestle S.A
- The Hain Celestial Group, Inc.
- Kellogg Company
- Clif Bar & Company
- PepsiCo, Inc.
- The Simply Good Foods Company (Atkins Nutritionals, Inc.)
- McKee Foods Corporation
Market Report Segmentation
By Distribution Channel (Volume, Million Units, USD Billion, 2019-2030)- Hypermarket & Supermarket
- Food Specialty Stores
- Online
- Convenience Stores & Others
- Snacks Bar
- Energy & Nutrition Bars
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Europe Cereal Bar Market, by Distribution Channel
Chapter 6. Europe Cereal Bar Market, by Product Type
Chapter 7. Europe Cereal Bar Market, by Country
Chapter 8. Company Profiles
Companies Mentioned
- General Mills Inc.
- Naturelle Consumer Products Ltd.
- Mars, Inc. (Kind LLC)
- Nestle S.A
- The Hain Celestial Group, Inc.
- Kellogg Company
- Clif Bar & Company
- PepsiCo, Inc.
- The Simply Good Foods Company (Atkins Nutritionals, Inc.)
- McKee Foods Corporation
Methodology
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