LAMEA Cereal Bar Market By Product Type (Snack Bars, Energy & Nutrition Bars and Others) By Distribution Channel (Hypermarket & Supermarket, Food Specialty Stores, Convenience Stores and Others)
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Market Report Description
The Latin America, Middle East and Africa Cereal Bar Market would witness market growth of 6.84% CAGR during the forecast period (2019-2025).
Beyond breakfast, dietary and cereal bars have achieved widespread popularity among adults. Bars are an easy way for customers to stop eating three meals a day at fixed moments and begin eating larger portions of food all day long, whether on the go or at home. Product designers also need to consider the increasingly health-conscious consumer's fresh dietary requirements.
The increasing popularity of cereal bars among sportsmen and young adults is another emerging driver that is anticipated to increase market growth over the forecast period. Athletes need healthy snacking to perform, and they are needed to eat a meal regularly throughout the day. Cereal bars are high in fiber and help in appetite suppression, improved digestive health, and weight management. The demand for these products is, therefore, gaining traction among the sportsmen.
Based on Product Type, the market is segmented into Snack Bars, Energy & Nutrition Bars and Others. Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Food Specialty Stores, Convenience Stores and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Hain Celestial Group, Inc., Nestle S.A., General Mills, Inc., Kellogg Company, Clif Bar & Company, McKee Foods Corporation, Mars, Inc., Freedom Foods Group Limited and The Simply Good Foods Company.
Scope of the Cereal Bar Market Analysis
By Product Type
- Snack Bars
- Energy and Nutrition Bars
By Distribution Channel
- Hypermarket & Supermarket
- Food Specialty Stores
- Convenience Stores
- Saudi Arabia
- South Africa
- Rest of LAMEA
- The Hain Celestial Group, Inc.
- Nestle S.A.
- General Mills, Inc.
- Kellogg Company
- Clif Bar & Company
- McKee Foods Corporation
- Mars, Inc.
- Freedom Foods Group Limited
- The Simply Good Foods Company
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