Low Fat Granola Market: Market Outlook
Granola is fundamentally a breakfast food or on the go snack which contains rice, oats, quoins. Granola is mainly consumed in the form of cereal or bar. Granola products are frequently consumed with yogurt, fruits and nuts to increase nutritive value.
Granola is considered as a preferred source of proteins, vitamins and fibers by consumers. It is tremendously popular food with health benefits as control blood pressure, regulate digestion system, lower cholesterol, and improves overall health.
Along with health benefits customers also look for good taste and flavors while purchasing products and hence low fat granola products fit perfectly to customer’s requirement. Therefore, as per rising demand, low fat granola market growth is expected to propel over the forecast period.
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Low Fat Granola Market: Key Players.
Key players in the market has positioned low fat granola as healthy convenient on-the-go snack or breakfast food which is hassle free to eat. And it is easy for customer to have granola bars or cereals in no time in this fast paced lifestyle. This is one of the key factor impacting positively for growth of low fat granola market.
Intensifying demand for plant based products and trend such as veganism enhances the demand for healthy packaged food which includes granola products on a huge scale. Hence, manufacturers are producing variety of vegan granola products. For example Nature Valley coming up with crunchy granola bar and Vegan Chewy Granola Bars by Earnest Eats are some granola bars available in the market.
Launching flavored granola products to attract customers is one opportunity to boost this market. Many Companies are coming with variety of flavors such as chocolate, caramel, vanilla, honey, strawberry. An example Pamela’s blueberry lemon bar which is gluten free. Organic granola products is one prominent factor to entice customer.
Some of the key players driving the growth of low fat granola market includes General Mills Inc.
- The Kellogg Company
- Clif Bar & Company
- PepsiCo Inc.
- Sunny Crunch Foods Ltd
- Hearthside Food Solutions LLC
- Standard Functional Foods Group Inc
- Noble Foods Ltd.
- Olympia Granola Inc
- Bakery Barn Inc
- Kraft Foods Group Inc.
- Conagra Brands Inc.
- Nestle S.A.
- Slim Fast Nutritional Food LLC
- The Quaker Oats Company Inc.
- Nature Valley
- Bridgetown Natural Food.
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Low Fat Granola Market Regional analysis
North America holds the dominant share in terms of revenue and is expected to continue its supremacy over the forecast period, followed by Europe. Owing to the cumulative cognizance regarding healthy and nutritional foods among consumers in emerging countries Asia Pacific market is expected to grow market at a significant growth rate in the forecast period
Low fat granola market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the low fat granola market, including but not limited to: Regional markets, product type, form, base ingredients, flavor, distribution channel, and nature.
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