Nutrition Bars Market Key Players, Types, Source and Growth Opportunities to 2032 | Key Players: Kellogg Company, General Mills Inc, Mars, SunOpta Inc

PRESS RELEASE
Published March 14, 2023

The Nutrition Bars Market projected value of the global market in 2022 was USD 5.64 billion, with a CAGR of 4.78 % from 2023 to 2032.

The Global Nutrition Bars Market Research Report 2023-2032 is a specialized and in-depth study of the Nutrition Bars industry, with a particular emphasis on global market trend analysis, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Nutrition Bars Market study with 100+ market data Tables, Pie Chat, Graphs & Figures. The report presents a complete assessment of the Market covering future trends, current growth factors, attentive opinions, facts, and industry-validated market data forecast until 2032.

Quince Market Insights, a reliable market research and consulting company, has announced the publication of its most recent updated report on the Nutrition Bars Market. It offers a thorough analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Go to Market (GTM) Year On Year (YoY), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.

Nutrition bar is a pre-packaged food item designed to provide a convenient source of nutrients and energy. They are typically made with a combination of grains, nuts, seeds, fruits, and sometimes protein sources such as whey or soy, driven by the increasing demand for convenient, on-the-go snacks and the growing interest in health and wellness.

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Key Factors Impacting Market Growth:

  • Growing health concern and adoption of healthy diets
  • The rise in the number of fitness centers and health clubs 
  • Increasing sales through organized distribution channels

Leading Players for Nutrition Bars Market:

Kellogg Company, General Mills Inc, Mars, SunOpta Inc, Kashi Company, Clif Bar and Company, and Stokely-Van Camp, and BAKERY BARN

Recent Developments:

  • Nestle S.A.: In February 2021, Nestle launched a new range of organic nutrition bars under its Garden of Life brand, aimed at health-conscious consumers.
  • Kellogg Company: In October 2020, Kellogg Company introduced a new range of plant-based protein bars under its RXBAR brand, made with simple ingredients such as nuts, dates, and egg whites.
  • Clif Bar & Company: In April 2021, Clif Bar & Company launched a new line of energy bars under its Clif Bar brand, featuring plant-based ingredients and no added sugar.

Data Collection for Nutrition Bars Market:

Primary Interviews
Secondary Source
Database
Company website
Industry Consultants
Others

The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques upon the data for projecting the future state of the global Nutrition Bars market. Based on current market development, the report includes an analysis of how activities such as mergers shape the market’s future.

Market Segmentation for Nutrition Bars Market:

By Product Type:

  • Women Protein Bar
  • Energy Protein Bars
  • Meal Replacement Bars
  • Low-carb Protein Bars
  • Others

By Source:

  • Plant Protein
  • Animal Protein

By Function:

  • Weight Management
  • Sports & Fitness
  • Functional Food
  • Others

By Distribution Channel:

  • Store-based
  • Non-store-based
  • Convenience Stores
  • Supermarkets & Hypermarkets
  • Others

By Category:

  • Vegan
  • Organic
  • Gluten-free
  • Multi-claim
  • Others

By Protein Content:

  • Low Protein (0-15 gm)
  • Medium Protein (16 Gm – 25 gm)
  • High Protein (Above 25 Gm)

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Regional Analysis for Nutrition Bars Market:

➡ North America (U.S., Canada, Mexico)
➡ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
➡ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
➡ South America (Colombia, Brazil, Argentina, Rest of South America)
➡ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Market Evaluation for Nutrition Bars Market:

The market evaluation uses the bottom-up approach which involves analyzing hundreds of contracts and/or sales data from a multitude of sources such as annual reports, online and in-house databases, industry journals, and other statistical publications and also by consulting with leading industry experts.

The study delves into different facets of the business and provides answers to important questions.

Key Questions Answered in this Report:

➡ What is the market size and growth rate of the global and regional market by various segments?
➡ Market size and growth rate of the market for selective countries?
➡ Which region or sub segment is expected to drive the market in the forecast period?
➡ What are the driving factors as well as restraints in the market growth?
➡ How the technological shift and disruptions are helping market to grow?
➡ What are the key opportunities in the market?
➡ Which are the key companies operating in the market?
➡ Which company accounted or will account for the highest market share in 2021, 2022, and 2023?

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