South America Cereal Bar Market Trends

Statistics for the 2023 & 2024 South America Cereal Bar market trends, created by Mordor Intelligence™ Industry Reports. South America Cereal Bar trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of South America Cereal Bar Industry

This section covers the major market trends shaping the South America Cereal Bar Market according to our research experts:

Surge In The Consumption Of Healthy Food

With increasing awareness among consumers about healthy diet, cereal bars have become immensely popular, replacing chocolates, cakes, and biscuits, as convenient options to the consumers. Key players operating in the South American cereal bar market are continuously differentiating their products in terms of flavors, ingredients, size, and packaging, in order to gain a competitive advantage. The rising health consciousness among consumers and the growing popularity of organic foods and beverages are driving the demand for functional cereal bars across the region. To cater to this audience, the vendors are introducing several product categories that are organic and functional. 

 South America cereal bar market share

Granula/Muesli Bar Holds The Major Share

Change in the lifestyle of people in the country has increased the demand for convenient sources of nutrition that can be consumed on-the-go. This may be a major factor fueling the growth of the granola/muesli bars segment. Moreover, granola/muesli bars have also witnessed a change in ingredients, with the infusion of fibrous cereal grains, complemented with other fruits and nuts that are rich in micronutrients, such as vitamins and minerals. Thus, companies are offering them as a wholesome snack food. Granola/muesli bars are one among the leading categories with organic claims in South America. Kind and Nature Valley brands are the leading brands in the granola bars marketplace, owing to its portfolio expansion and effective distribution strategy.
 South America cereal bar market growth

South America Cereal Bar Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)