Growing Demand For Ready To Eat (RTE) Food To Majorly Drive The Cereal Bar Market
According to a recently published report, the global Cereal Bar Market is expected to grow at the CAGR of 4.2% during 2016-2022. The global cereal bar market is segmented on the basis of type, distribution channel and geography. The report on global cereal bar market forecast 2016-2022 (by type, by distribution channel and by geography) provides a detailed overview and predictive analysis of the market.
Full report available global cereal bar market forecast 2016-2022 (by type, by distribution channel and by geography) report at http://www.briskinsights.com/report/cereal-bar-market
Cereal bars are a type of processed food products which are pre-packed in the form of a bar. A cereal bar contains various types of the food items such as- oats, nuts, honey, dry fruits, puffed rice, and more in it. These bars also contain various flavors such as- chocolate, strawberry, peanut butter, honey, banana, and others. Cereal bars contains a huge amount of fiber, proteins, minerals, vitamins, and antioxidants, and are low in carbohydrate and sodium. The middle class population has accounted in an increased consumption of the cereal bars as a snack between the meals due to high nutritional value. The hectic work schedules and changing lifestyle is the major reason due to which the demand for the ready-to-eat (RTE) food is continuously growing. Ready-To-Eat food is also known as the convenience food which is commercially prepared food and are designed and packaged for the ease of consumption. As the demand for ready to eat food is growing, it is fueling to the growth of the global cereal bar market. Hence, augmented consumption of ready to eat food is the key market driver for the cereal bar market. The demand for ready to eat food is rapidly increasing and it is expected to grow continuously for next seven years. The ready to eat food is also one of the largest segment of the overall food industry which is being adopted by more than 50% of the population across the globe. In various countries, it has been accounted that approximately 30% to 40% of the population is using ready to eat food for the breakfast meal. On the basis of region, the United States has the largest market share of the ready to eat food followed by Asia Pacific. Globally, it is accounted that the Americans have the highest consumption rate of the ready to eat food owing to time pressure.
Scope of the Report
1. Global Cereal Bar Market by Type 2012–2022 ($ Million)
1.1. Snack Bar
1.2. Nutrition Bar
1.3. Other
2. Global Cereal Bar Market by Distribution Channel 2012-2022 ($ Million)
2.1. Hypermarkets and Supermarkets
2.2. Convenience Stores
2.3. Food Specialty Stores
2.4. Vending Machine
2.5. Online Retailers
2.6. Others
3. Global Cereal Bar Market Regional Outlook 2012-2022 ( $ Million)
3.1. North America
3.2. Europe
3.3. Asia Pacific
3.4. Rest Of World
4. Company Profile
4.1. Atkins Nutritionals
4.2. Brueggen
4.3. Cliff Bar
4.4. General Mills
4.5. Hain Celestial Group
4.6. Kashi Company
4.7. Kellogg’s
4.8. McKee Foods
4.9. Naturell India
4.10. Nestle
4.11. Otsuka
4.12. Pharmavite
4.13. Quaker
4.14. Weetabix Food Company
4.15. Weiwei Group