Packaged Muesli Products Market Size, Share, Growth, and Industry Analysis, By Type (Cereals, Bars and Others), By Application (Supermarket, Convenience Stores and Others), Regional Insights, and Forecast To 2032

Updated On: 15 April 2024

REPORT OVERVIEW

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The global packaged muesli products market size was expected to be USD 17520 million in 2022. As per our research, the market is projected to touch USD 20990 million by 2028, exhibiting a CAGR of 3.1% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.  The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Muesli is a type of breakfast cereal comprised of rolled oats, dried fruits, and nuts. They are often pre-packaged in single-serving sizes and are available at most supermarket stores. Packaged muesli products provide an easy way to eat a nutritious breakfast on the run. They are also a quick method to increase your fibre and protein intake. Muesli is a type of breakfast cereal comprised of rolled oats, grains, nuts, seeds, dried fruits, and sometimes sugars. Muesli is a healthful and quick breakfast alternative that is commonly eaten with milk, yoghurt, or fruit juice.

Cereals are a breakfast staple in many nations and have been a component of traditional meals for thousands of years. Oats led the global market, followed by wheat and rice. Bars are dry cereal mixtures that often contain wheat and other grains. They are available in a variety of sizes and shapes, including blocks, pieces, and sachets. Bars can be used to make muesli items such as porridge and breakfast cereals.

COVID-19 Impact: The Pandemic Caused Health and Wellness Focus Increased the Muesli Sales and Market Demand

The COVID-19 pandemic had far-reaching consequences for the food industry, especially the market for packaged muesli goods. Consumer behaviour and priorities shifted as a result of the pandemic. Due to lockdowns and limitations, more people may have stayed at home, increasing demand for easy and healthful breakfast options such as bagged muesli items. Many people were more health-conscious during the epidemic and sought out products that were thought to be healthful and immune-boosting. This tendency may have helped Muesli's reputation as a nutritious and nutrient-rich alternative.

LATEST TRENDS

"The Diverse Product Offering with Health and Wellness Trends to Advance the Market Share"

The packaged muesli business has benefited from rising consumer interest in health and wellness. Because of its whole grain content and natural components, muesli is sometimes considered as a healthier alternative to sugary morning cereals. Muesli’s health benefits include high fibre content, heart-healthy grains, and nutrient-rich ingredients. To meet the needs of different consumers, the market provided a wide range of muesli goods. This includes flavour and ingredient variants, as well as nutritional considerations such as gluten-free, organic, and non-GMO alternatives. Packaged muesli products are popular due to their mobility and convenience. They're frequently touted as a quick and nutritious solution for busy people and families.

SEGMENTATION

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• By Type

Based on type; the packaged muesli products market is divided into cereals, bars and others.

The part cereals is the leading part of the type segment.

• By Application

Based on the application; the packaged muesli products market is divided into supermarket, convenience stores and others.

The part supermarket is the leading type of the application segment.

DRIVING FACTORS

"Rising Health Awareness and the Trend of Snacking to Uplift the Market Demand"

The market's expansion can be ascribed to rising demand for healthy breakfast options and increased knowledge of the health advantages of muesli products. Furthermore, the expanding snacking trend is adding to the growth of this market. Muesli is regarded as a healthy and nutritious food product that delivers energy to the body as well as essential vitamins and minerals. These nutritional features have led to a surge in the use of packaged muesli products among individuals of all ages, including newborns, children, adults, and the elderly, who require a precise dietary intake of certain nutrients or vitamins to maintain good health. 

Cereals are likely to dominate the worldwide packaged muesli products market. This can be ascribed to their great nutritional value and the convenience they provide. Bars are also expected to expand significantly during the forecast period due to their increasing popularity among consumers as healthy snacks. Another important development factor for the packaged muesli products market is the popularity of organic and gluten-free varieties. Consumers are becoming more aware of the detrimental effects of artificial additives and preservatives found in traditional foods, which has prompted many to prefer organic and gluten-free alternatives that are free of such chemicals.

"The Rising Demand from E-commerce for Packaged Muesli to Drive the Market Growth"

The rising demand from various application categories, such as e-commerce, is increasing the packaged muesli products market share. The products are widely used as breakfast cereals in many regions, including North America, Europe, Asia Pacific, and the Middle East and Africa. Packaged Muesli Products with bars have a longer shelf life because to the preservatives included in them, making them suited for long distance travel and also aiding in preservation during shipping and transportation.

RESTRAINING FACTORS

"The Price Point and Certain Allergies to Restrain the Market Growth"

When compared to other breakfast options, high-quality muesli products made with premium ingredients might be pricey. This pricing may make them inaccessible to budget-conscious customers. Muesli products may contain allergens such as gluten, soy, or dairy, depending on the ingredients used, which may limit their acceptability for those with specific dietary restrictions. Many muesli products contain nuts and seeds, which might be troublesome for people who are allergic to nuts. For those with severe allergies, cross-contamination in manufacturing facilities is also a risk. Therefore, the allergies and the cost factor to hinder the packaged muesli products market growth.

REGIONAL INSIGHTS

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"European Region to Lead the Market with Rising Health Awareness and Increased Demand"

Europe is regarded as the greatest regional market due to high demand from countries such as Germany, the United Kingdom, France, and Italy. Furthermore, these goods are seen as healthier alternatives to hot cereals, attracting a sizable market base in this region. The market for packaged muesli products is likely to gain from rising demand for healthy breakfast options. Furthermore, rising nutritional enrichment awareness will boost product demand even higher.

KEY INDUSTRY PLAYERS

"Key Industry Players to Indulge in the Market Expansion"

The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market.

List of Market Players Profiled

• Associated British Foods (U.K)
• Bob’s Red Mill Natural Foods (U.S.A)
• General Mills (U.S.A)
• Kellogg Co (U.S.A)
• PepsiCo (U.S.A)
• Post Holdings (U.S.A).

REPORT COVERAGE

This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.