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“Global Nutrition Bars Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global nutrition bars market report has been segmented on the basis of product type, nature, flavor, distribution channel, and region.
Global Nutrition Bars Market: Overview
Nutrition bars provides convenient, meal replacement or portable snack with several specific health benefits. It is made up of organic and natural ingredients and encompasses additional nutrients such as protein, calcium, fiber, and others.
Global Nutrition Bars Market: Dynamics
Growing health and wellness consciousness, increasing demand for convenience food, along with the trend of convenient snacking in developing as well as developed countries are major factors expected to drive revenue growth of global nutrition bars market. In addition, nutritious and health benefiting properties along with unique flavor offerings of nutrition bars are expected to fuel growth of the global market. Furthermore, consumers’ daily snacking habits and increasing demand for fiber and protein ingredients are projected to drive revenue growth of target market.
A recent trend observed in the target market is market players have now come up with nutrition bar products. There is a different kind of nutrition bar products with digestion enhancement, cognitive enhancement, diabetes-friendly, and others. In addition, increasing consumer preference towards e-commerce activities, owing to the easy availability of various products and brands, easy accessibility, and affordability.
However, the high cost and easy availability of substitutes in the market is expected to restrain growth of the target market over the forecast period.
Global Nutrition Bars Market: Segment Analysis
Among the product type segments, the protein-rich bars segment is anticipated to account for higher revenue shares in the global market.
Among the nature segments, the organic segment is estimated to account major share in terms of revenue in the global market and is expected to maintain its dominance over the forecast period.
Among the flavor segments, the chocolate segment is projected to support growth of the global market.
Among the distribution channel segments, the e-commerce segment is projected to account for significant revenue share in the global market.
Global Nutrition Bars Market: Region Analysis
Among the regions, the North America nutrition bars market is projected to account for major share in terms of revenue in the global market, owing to living standards coupled with high disposable income in countries in the region. In addition, presence of key players in the US and Canada, along with rising consumption of on-the-go food products due to hectic lifestyle is further expected to increase demand for nutrition bars over the forecast period.
The nutrition bars market in the Asia Pacific is estimated to grow at a significant growth rate, owing to increasing awareness regarding various health benefits and increasing demand for nutritious foods. In addition, increasing fitness trends among females and males have further increased demand for the target product.
Global Nutrition Bars Market Segmentation:
Segmentation by Product Type:
- Energy Bars
- Protein-rich Bars
- Meal Replacement Bars
- Low Carbohydrate Bar
Segmentation by Flavor:
- Chocolates
- Fruits
- peanut butter
- savory
- spices
Segmentation by Nature:
- Organic
- Conventional
Segmentation by Distribution Channel:
- Retail stores
- Department store
- Super market
- Hypermarket
- E-commerce
Segmentation by Region:
- North America
- Europe
- 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 -
- Glanbia Plc.
- Nutrition & Santé SAS
- Atlantic Grupa D.D
- V. Vurense Snack Industrie
- Artenay Bars, SAS
- SternLife GmbH & Co. KG
- Anona GmbH
- Halo Foods Ltd.
- Leader Foods OY
- Prinsen Food Group B.V.
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