Market Size of UAE Cereal Bar Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.50 % |
Market Concentration | Low |
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UAE Cereal Bar Market Analysis
UAE Cereal Bar Market is witnessing a CAGR of 6.5% during the forecast period (2020-2025).
- Increased influence of westernization and demand for on-the-go healthy breakfastare various factors driving the market. Busy lifestyle demanding nutritional packaged products fueled the market demand.
- In the segmentation font,cereal bars made of granola and muesli are observing strong growth over the years, owing to its taste, nutritional value, and functionality. Cereal bars infused with organic ingredients, like dried fruits among others, are observed to be gaining demand during the forecast period.