Europe Nuts and Cereal Snacks Bar Market is growing with factors such as an increase in the demand for healthy and nutritious snacks coupled with rising demand for meal replacement snacks. The growing trend of convenient, on-the-go, and portion-snacking is expected to act as a major factor for the market's growth.
However, the increasing prevalence of nuts allergy may impede the market's growth.
Europe Nuts and Cereal Snacks Bar Market Scenario
According to Data Bridge Market Research, the market for Europe nuts and cereal snacks bar in the U.K. has the highest market share, followed by Germany and France. The market leader is Kellogg's Company, which accounts for an estimated market share of approximately 25.43% in the European market. The company has acquired other companies to expand the business of nuts and cereal snacks bars in the market.
- In January 2022, Kellogg's Company launched Kellogg's Nutri-Grain 3 Fruity Flavor, which makes bar and bites delicious. Kellogg's Nutri-Grain is for breakfast and snacktime with three flavors: strawberry, squash, and apple, carrot Nutri-grain soft-baked breakfast bars, and chocolatey banana Nutri-grain bites. This has helped the company expand its product portfolio.
Trends Impacting the Market
Now the question is which other region Kellogg's Company, Mondelēz International, Clif Bar & Company are targeting? Data Bridge Market Research has forecasted a large growth in Europe nuts and cereal snacks bar market and the market leaders targeting Germany and France to be their next pocket revenue for 2021.
The nuts and cereal snacks bar market is becoming more competitive with companies such as Kellogg's Company, Mondelēz International, Clif Bar & Company. These are the top dominating companies in the Europe nuts and cereal snacks bar market and have launched new products expanded business in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the Europe nuts and cereal snacks bar market.
For more analysis on the Europe nuts and cereal snacks bar market, request a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-nuts-and-cereal-snacks-bar-market
Europe Nuts and Cereal Snacks Bar Market Developments
- In January 2022, Mondelēz International completed the acquisition of Chipita Global S.A., a high-growth European leader in croissants and baked snacks. Chipita Global S.A. has been at the forefront of development and growth in the croissant and baked snacks sector across multiple countries, driven by its strong innovation and manufacturing capabilities. The acquisition marks an exciting milestone in the company's strategic plan, focused on accelerating growth in core snacking adjacencies while continuing to expand its footprint in key markets. This has helped the company to expand its business in the market
- In June 2018, Clif Bar & Company launched three new products in snack bars in different flavors such as smoothie filled energy bar, sweet and salty, and Clif energy granola to increase the product portfolio. This has helped the company in enhancing its revenue and expanding and establishing a loyal customer base and meeting a variety of flavor needs of consumers
Scope of the Nuts and Cereal Snacks Bar Market
Europe nuts and cereal snacks bar market is segmented on the basis of countries into Germany, France, Italy, Spain, U.K. , Switzerland, Russia, Belgium, Netherlands, Turkey, Denmark, Sweden, Poland, and rest of Europe.
- All country-based analysis of the Europe nuts and cereal snacks bar market is further analyzed based on maximum granularity into further segmentation. On the basis of product type, the Europe nuts and cereal snacks bar market is segmented into cereal bars and nut bars. On the basis of the claim, the Europe nuts and cereal snacks bar market is segmented into regular, gluten free, vegan, lactose free, artificial color and preservative free, and others. On the basis of category, the Europe nuts and cereal snacks bar market is segmented into regular, meal replacement bar, pre work out bars, post work out bars, yoga bars, and others. On the basis of nature, the Europe nuts and cereal snacks bar market is segmented into conventional and organic. On the basis of flavor, the Europe nuts and cereal snacks bar market is segmented into regular and flavor. On the basis of pack type, the Europe nuts and cereal snacks bar market is segmented into single pack, family pack/multipack, and others. On the basis of packaging, the Europe nuts and cereal snacks bar market is segmented into wrap in, card box, pouches, and others. On the basis of brand, the Europe nuts and cereal snacks bar market is segmented into branded and private label. On the basis of distribution channel, the Europe nuts and cereal snacks bar market is segmented into store-based retailers and non-store retailers.
To know more about the study- https://www.databridgemarketresearch.com/reports/europe-nuts-and-cereal-snacks-bar-market
Key Pointers Covered in Nuts and Cereal Snacks Bar Market Industry Trends and Forecast to 2029
- Market size
- Top to bottom market analysis
- Recent developments for market competitors
- Recent market value for different countries
- Market value and over view of nuts and cereal snacks bar market
- Company profiling of top eight players of nuts and cereal snacks bar market
Key Market Competitors Covered in the Report
- Mondelēz International
- General Mills Inc.
- Kellogg's Company
- The Simply Good Foods Company
- Nestlé
- HERO GROUP
- The Quaker Oats Company
- Clif Bar & Company
- Bühler
- Associated British Food plc
- Danone
- Cerealto Siro Foods
- Mars, Incorporated and its Affiliates
- Eat Naturals
- Healthy Bars
Above are the key players covered in the report, to know about more and exhaustive list of nuts and cereal snacks bar companies', contact us- https://www.databridgemarketresearch.com/toc/?dbmr=europe-nuts-and-cereal-snacks-bar-market
Research Methodology: Europe Nuts and Cereal Snacks Bar Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Food Industrialist
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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