The Latin America, Middle East and Africa Granola Bars Market would witness market growth of 7.3% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 80.0 million units (pack of 6), showcasing a growth of 8.5% (2024-2031).
Convenience stores are positioned strategically in high-traffic locations such as urban centers, gas stations, and transportation hubs, convenience stores cater to busy individuals seeking portable and satisfying snacks like granola bars. Their extended operating hours and minimal wait times make them ideal destinations for spontaneous purchases, especially during peak travel times or moments of hunger between meals. Thus, in Argentina, it is expected that 1.50 million units of Granola bars would be sold through Convenience stores by the year 2031.
The Brazil market dominated the LAMEA Granola Bars Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $179.3 million by 2031. The Argentina market is capturing a CAGR of 8.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7% during (2024 - 2031).
With growing concerns about obesity rates, chronic diseases, and the impact of diet on overall health, consumers are becoming more mindful of their food choices. Granola bars, particularly those made with natural, wholesome ingredients, are perceived as a healthier alternative to traditional snacks like chips, cookies, and candy bars. They often contain whole grains, nuts, seeds, and dried fruits, balancing carbohydrates, protein, and healthy fats to satisfy and energize consumers.
Similarly, the diverse granola bar options cater to various dietary preferences and restrictions, including gluten-free, vegan, paleo, and keto diets. This inclusivity ensures that individuals with specific dietary needs can enjoy granola bars’ convenience and nutritional benefits without compromising their health goals or lifestyle choices.
As the food retail industry grows in UAE, there is likely to be an increase in consumer purchasing power and demand for various food products, including healthier options like granola bars. Consumers are becoming more health-conscious and seeking convenient, nutritious snacks, which can drive up the demand for granola bars. According to the United States Department of Agriculture data, UAE is the second largest foodservice sector within the Arab Gulf Cooperation Council (GCC) region after Saudi Arabia.
In 2021, the value of the UAE hotel, restaurant, and institutional sector totaled $12.3 billion, almost a 17 per cent increase from 2020. Also, urbanization and changing lifestyles in UAE have increased demand for convenient, on-the-go snack options. Granola bars fit well into this trend as a portable, easy-to-consume snack appealing to busy urban consumers. Thus, the growing food industry and expansion of the food retail sector in the region are driving the growth of the granola bars market.
Free Valuable Insights: The Worldwide Granola Bars Market is Projected to reach USD 8.7 Billion by 2031, at a CAGR of 7%
Based on Product Type, the market is segmented into Conventional, and Organic. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Departmental Stores, Convenience Stores, Online Sales Channel, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- The Hershey Company
- Mars, Inc.
- General Mills, Inc.
- Kellogg Company
- PepsiCo, Inc.
- John B. Sanfilippo & Son, Inc.
- Clif Bar & Company
- Nestle S.A.
- McKee Foods Corporation
- Olympia Granola
LAMEA Granola Bars Market Report Segmentation
By Product Type (Volume, Million Units (Pack of 6), USD Billion, 2020-2031)
By Distribution Channel (Volume, Million Units (Pack of 6), USD Billion, 2020-2031)
- Supermarket & Hypermarket
- Departmental Stores
- Convenience Stores
- Online Sales Channel
- Others
By Country (Volume, Million Units (Pack of 6), USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Granola Bars Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Granola Bars Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 4 LAMEA Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 5 LAMEA Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 6 LAMEA Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 7 LAMEA Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 8 LAMEA Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 9 LAMEA Conventional Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Conventional Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Conventional Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 12 LAMEA Conventional Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 13 LAMEA Organic Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Organic Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Organic Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 16 LAMEA Organic Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 17 LAMEA Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 18 LAMEA Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 19 LAMEA Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 20 LAMEA Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 21 LAMEA Supermarket & Hypermarket Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Supermarket & Hypermarket Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Supermarket & Hypermarket Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 24 LAMEA Supermarket & Hypermarket Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 25 LAMEA Departmental Stores Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Departmental Stores Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Departmental Stores Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 28 LAMEA Departmental Stores Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 29 LAMEA Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Convenience Stores Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 32 LAMEA Convenience Stores Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 33 LAMEA Online Sales Channel Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Online Sales Channel Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Online Sales Channel Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 36 LAMEA Online Sales Channel Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 37 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Others Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 40 LAMEA Others Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 41 LAMEA Granola Bars Market by Country, 2020 - 2023, USD Million
TABLE 42 LAMEA Granola Bars Market by Country, 2024 - 2031, USD Million
TABLE 43 LAMEA Granola Bars Market by Country, 2020 - 2023, Million Units (Pack of 6)
TABLE 44 LAMEA Granola Bars Market by Country, 2024 - 2031, Million Units (Pack of 6)
TABLE 45 Brazil Granola Bars Market, 2020 - 2023, USD Million
TABLE 46 Brazil Granola Bars Market, 2024 - 2031, USD Million
TABLE 47 Brazil Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 48 Brazil Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 49 Brazil Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 50 Brazil Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 51 Brazil Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 52 Brazil Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 53 Brazil Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 54 Brazil Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 55 Brazil Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 56 Brazil Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 57 Argentina Granola Bars Market, 2020 - 2023, USD Million
TABLE 58 Argentina Granola Bars Market, 2024 - 2031, USD Million
TABLE 59 Argentina Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 60 Argentina Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 61 Argentina Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 62 Argentina Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 63 Argentina Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 64 Argentina Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 65 Argentina Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 66 Argentina Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 67 Argentina Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 68 Argentina Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 69 UAE Granola Bars Market, 2020 - 2023, USD Million
TABLE 70 UAE Granola Bars Market, 2024 - 2031, USD Million
TABLE 71 UAE Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 72 UAE Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 73 UAE Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 74 UAE Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 75 UAE Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 76 UAE Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 77 UAE Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 UAE Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 UAE Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 80 UAE Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 81 Saudi Arabia Granola Bars Market, 2020 - 2023, USD Million
TABLE 82 Saudi Arabia Granola Bars Market, 2024 - 2031, USD Million
TABLE 83 Saudi Arabia Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 84 Saudi Arabia Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 85 Saudi Arabia Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 88 Saudi Arabia Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 89 Saudi Arabia Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 90 Saudi Arabia Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 91 Saudi Arabia Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 92 Saudi Arabia Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 93 South Africa Granola Bars Market, 2020 - 2023, USD Million
TABLE 94 South Africa Granola Bars Market, 2024 - 2031, USD Million
TABLE 95 South Africa Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 96 South Africa Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 97 South Africa Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 98 South Africa Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 99 South Africa Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 100 South Africa Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 101 South Africa Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 102 South Africa Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 103 South Africa Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 104 South Africa Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 105 Nigeria Granola Bars Market, 2020 - 2023, USD Million
TABLE 106 Nigeria Granola Bars Market, 2024 - 2031, USD Million
TABLE 107 Nigeria Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 108 Nigeria Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 109 Nigeria Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 110 Nigeria Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 111 Nigeria Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 112 Nigeria Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 113 Nigeria Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 114 Nigeria Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 115 Nigeria Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 116 Nigeria Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 117 Rest of LAMEA Granola Bars Market, 2020 - 2023, USD Million
TABLE 118 Rest of LAMEA Granola Bars Market, 2024 - 2031, USD Million
TABLE 119 Rest of LAMEA Granola Bars Market, 2020 - 2023, Million Units (Pack of 6)
TABLE 120 Rest of LAMEA Granola Bars Market, 2024 - 2031, Million Units (Pack of 6)
TABLE 121 Rest of LAMEA Granola Bars Market by Product Type, 2020 - 2023, USD Million
TABLE 122 Rest of LAMEA Granola Bars Market by Product Type, 2024 - 2031, USD Million
TABLE 123 Rest of LAMEA Granola Bars Market by Product Type, 2020 - 2023, Million Units (Pack of 6)
TABLE 124 Rest of LAMEA Granola Bars Market by Product Type, 2024 - 2031, Million Units (Pack of 6)
TABLE 125 Rest of LAMEA Granola Bars Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 126 Rest of LAMEA Granola Bars Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 127 Rest of LAMEA Granola Bars Market by Distribution Channel, 2020 - 2023, Million Units (Pack of 6)
TABLE 128 Rest of LAMEA Granola Bars Market by Distribution Channel, 2024 - 2031, Million Units (Pack of 6)
TABLE 129 Key Information –The Hershey Company
TABLE 130 key information – Mars, Inc.
TABLE 131 Key Information – General Mills, Inc.
TABLE 132 Key information – Kellogg Company
TABLE 133 Key Information – PepsiCo, Inc.
TABLE 134 Key Information – John B. Sanfilippo & Son, Inc.
TABLE 135 Key Information – Clif Bar & Company
TABLE 136 Key Information – Nestle S.A.
TABLE 137 Key Information – McKee Foods Corporation
TABLE 138 Key Information – Olympia Granola
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Granola Bars Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Granola Bars Market
FIG 4 Porter’s Five Forces Analysis – Granola Bars Market
FIG 5 LAMEA Granola Bars Market share by Product Type, 2023
FIG 6 LAMEA Granola Bars Market share by Product Type, 2031
FIG 7 LAMEA Granola Bars Market by Product Type, 2020 - 2031, USD Million
FIG 8 LAMEA Granola Bars Market share by Distribution Channel, 2023
FIG 9 LAMEA Granola Bars Market share by Distribution Channel, 2031
FIG 10 LAMEA Granola Bars Market by Distribution Channel, 2020 - 2031, USD Million
FIG 11 LAMEA Granola Bars Market share by Country, 2023
FIG 12 LAMEA Granola Bars Market share by Country, 2031
FIG 13 LAMEA Granola Bars Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: The Hershey Company
FIG 15 Recent strategies and developments: Mars, Inc.
FIG 16 Swot Analysis: Mars, Inc.
FIG 17 Swot Analysis: General Mills, Inc.
FIG 18 Recent strategies and developments: Kellogg Company
FIG 19 Swot Analysis: Kellogg Company
FIG 20 Swot Analysis: PepsiCo, Inc.
FIG 21 SWOT Analysis: John B. Sanfilippo & Son, Inc.
FIG 22 SWOT Analysis: Clif Bar & Company
FIG 23 SWOT Analysis: Nestle S.A.
FIG 24 SWOT Analysis: McKee Foods Corporation
FIG 25 SWOT Analysis: Olympia Granola