Global Energy Bar Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Energy Bar Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global energy bar market report has been segmented on the basis of product type, gas type, material, application, and region.
Global Energy Bar Market: Overview
Energy bars contains cereals and other high-energy offering foodstuffs including nuts and dry fruits which are nutritious. They are also called as supplement bars which are useful in offering quick energy to the body as it consists of large amount of protein, carbohydrates which is protected with minerals and vitamins. Energy bar is of various flavors and a typical energy bar is 50-80 grams in weight and also offers 250 to 300 calorie. This energy bar is useful for those people who require energy but don’t have time for having meal.
Global Energy Bar Market: Dynamics
Increasing demand for energy bars coupled with changing preference for fusion flavor, and nut flavor are among the major factors expected to drive the target market. In addition, growing prevalence for energy foodstuffs, drinking energy beverages which have led for incorporating more striking flavor profiles is one of the other factor expected to drive the global energy bars market. However, protein bars packed with ingredients cannot be used as a replacement for whole-food sources as it does not contain all the ingredients coupled with over consumption of protein bars adds unwanted calories to your diet are the major factors hampering the target market.
Furthermore, changing consumption pattern among population & growing urbanization is among the another factor expected to drive the growth of the target market.
Global Energy Bar Market: Segment Analysis
On the basis of nature, organic segment dominates the global market in terms of revenue. On the basis of distribution channel, supermarkets/hypermarkets segment is expected to register the major share in the global market in terms of revenue share. As energy bars are available in any supermarkets/hypermarkets. On the basis of favors, mixed flavor segment is expected to register high revenue growth over the next ten years. As there is high demand for these mixed flavors energy bar and is available easily is the major factor expected to drive the segment growth.
Global Energy Bar Market: Regional Analysis
Currently, North America market is expected to account largest share in terms of revenue and is expected to drive growth over the forecast period. North America is the leading producer and consumer of energy bars coupled with increasing demand for cultured dairy products especially US are factor expected to drive growth of the target market in this region. Asia Pacific market in likely to witness fastest growth in terms of revenue in the near future as Asia Pacific has the largest consumer base and highest number of retail outlets are the factors driving growth of the target market in Asia Pacific region. Europe also accounts for major share in terms of revenue. Furthermore, market in Latin America projected to register the average growth over the forecast period, followed by Middle East & Africa in the global energy bar market.
Global Energy Bar Market Segmentation:
Segmentation by nature:
Segmentation by distribution channel:
- Convenience stores
- Medical stores
- Online store
Segmentation by flavors:
- Fruit flavor
- Chocolate flavor
- Nut flavor
- Mixed flavors
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- General Mills Inc.
- The Kellogg Company
- QuestNutrition LLC
- Probar LLC
- Nutrition Inc.
- Clif Bar & Company
- The Gatorade Company
- PowerBar Inc.
- Abbott Nutrition Manufacturing Inc.
- Hormel Foods Corporation
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