Nutrition Bars Market, By Product Type (Women Protein Bars, Energy Protein Bars, Meal Replacement Ba

Published Date: | Report Code : FA1948564

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The nutrition bars market growth is expected to gain high momentum during the forecast period due to growing health concerns and the adoption of healthy diets.

Changing lifestyle, population growth, and increasing disposable income of consumers are expected to drive the nutrition bars market during the forecast period. A poor diet can lead to a rise in the prevalence of chronic diseases across the globe. There is a rise in the consumption of healthy foods and supplements for battling health issues, such as obesity. Consumer shift towards healthier diets has led to the preference for ‘organic’ and ‘nutrition-rich’ food products. Nutrition bars are preferred by ‘deskfast’ eaters. The increasing demand for sports nutrition bars has witnessed considerable growth due to expanding the consumer base, including fitness enthusiasts and professional athletes. This has accelerated the consumption of sports supplements, including energy bars, shakes, and other drinks.

Segment Analysis:

The global nutrition bars market has been segmented based on product type, source, function, distribution channel, category, and protein content. Based on product type, the market has been segmented into energy bars, protein-rich bars, meal replacement bars, and low carbohydrate bars. Protein-rich bars are expected to witness high demand during the forecast period.

Based on function, the nutrition bars market has been segmented into weight management, sports & fitness, functional food (diabetes, others), and others. The sports & fitness segment is expected to grow due to the increasing demand for sports nutrition bars. The increasing customer base has led to the growth of the number of retail stores, such as supermarkets & hypermarkets, non-store-based, convenience stores, and others. However, high prices of nutrition bars may hinder market growth.

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

Regional Analysis: 

This report segments the nutrition bars market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for the nutrition bars market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for nutrition bars market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to be one of the fastest-growing markets for nutrition bars during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of the nutrition bars market. The Middle East and the rest of the World are estimated to be emerging regions for the nutrition bars market during the forecast period.

Companies Covered: 

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

Market Segmentation:

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)

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Source
    • By Function
    • By Distribution Channel
    • By Category
    • By Protein Content
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
    • By Product Type
    • By Source
    • By Function
    • By Distribution Channel
    • By Category
    • By Protein Content
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Source
    • By Function
    • By Distribution Channel
    • By Category
    • By Protein Content
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By Source
    • By Function
    • By Distribution Channel
    • By Category
    • By Protein Content
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Product Type
    • By Source
    • By Function
    • By Distribution Channel
    • By Category
    • By Protein Content
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Source
    • By Function
    • By Distribution Channel
    • By Category
    • By Protein Content

Reasons to Buy This Report:

  • Market size estimation of the global nutrition bars market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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