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South Africa Cereal Bars (Bakery & Cereals) Market | Segmentation | Trends | Forecast (2023) Cereal Bars market in South Africa registered a positive compound annual growth rate (CAGR) of 4.53% during the period 2013 to 2018 with a sales value of ZAR 985.42 Million in 2018, an increase of 3.71% over 2017. The market achieved its strongest performance in 2015, when it grew by 4.93% over its previous year and its weakest performance in 2018, when it increased by 3.71% over 2017.