The study, which is based both on desk research and multiple waves of qualitative primary research, is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the granola bar industry in any manner.Granola bar refers to a snack item made of a mixture of oats, raisins, coconut, brown sugar, nuts, etc. Some product variants include puffed rice that is generally baked until it is toasted, crisp, and golden brown. A granola bar acts as a rich source of fiber, protein, calcium, magnesium, iron, etc. It is gaining traction as a breakfast item on account of its convenience, cost-efficiency, and portability.
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The rising working population, inflating disposable incomes, and hectic consumer lifestyles are driving the demand for ready-to-eat food items, including granola bars. This, in turn, is primarily driving the market growth. Additionally, since granola bars are pre-portioned, they are catering to the elevating health concerns among consumers, thereby augmenting the global market. Besides this, the growing awareness of the benefits of consuming granola bars, such as weight management and better heart health, is acting as another growth-inducing factor. Moreover, the emergence of newer product variants, such as granola bars with chocolate, dates, dried fruit, etc., will continue to fuel the market growth over the forecasted period.
The project report on granola bar covers the following aspects:
Market Snapshot (Market Performance, Segments, Regional Insights, Covid-19 Impact, and outlook)
Manufacturing Process:
Project Details, Requirements, and Costs Involved
Project Economics
Regulatory Procedures and Approval
Key Success and Risk Factors
In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally, and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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