Global Protein Bars Market Trends, Share, Industry Demand, Future Growth And Revenue and 2023 Forecasts

In this report, Research Reports Inc. covers the present scenario (with the base year being 2017) and the growth prospects of global Protein Bars market for 2018-2023.Protein bars are targeted to people who primarily want a convenient source of protein that doesn’t require preparation (unless homemade).

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:
Clif Bar & Company
Eastman
General Mills
The Balance Bar
Chicago Bar Company
Abbott Nutrition
The Kellogg Company
MARS
Hormel Foods
Atkins Nutritionals
NuGo Nutrition
Prinsen Berning
VSI
Atlantic Gruppa

There are different kinds of food bars to fill different purposes. Energy bars provide the majority of their food energy (calories) in carbohydrate form. Meal replacement bars are intended to replace the variety of nutrients in a meal.
In 2017, the global Protein Bar consumption market is led by USA and USA is the largest region consumption market, accounting for about 60.14% of global consumption of Protein Bar.

Protein Bar downstream is wide and recently Protein Bar has acquired increasing significance in various fields of Bodybuilders, Pro/Amateur Athletes and others. Globally, the Protein Bar market is mainly driven by growing demand for Bodybuilders and Pro/Amateur Athletes. Bodybuilders and Pro/Amateur Athletes accounts for nearly 87.22% of total downstream consumption of Protein Bar in global.

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Protein Bar can be mainly divided into Low Protein, Medium Protein and High Protein which Medium Protein captures about 49.03% of Protein Bar market in 2017. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Protein Bar.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, Protein Bar consumption will show a trend of steady growth. In 2024 the consumption value of Protein Bar is estimated to be 1966.21 million USD. On product prices, the slow downward trend in recent years will maintain in the future.

Protein Bar is still in its early development stage, there is huge development space and market to explore. Investing in this industry is feasible and wise choice.

Over the next five years, Research Reports Inc. projects that Protein Bars will register a 6.3% CAGR in terms of revenue, reach US$ 1760 million by 2023, from US$ 1220 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Protein Bars market by product type, application, key manufacturers and key regions.

To calculate the market size, Research Reports Inc. considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Low Protein
Medium Protein
High Protein
Segmentation by application:
Bodybuilders
Pro/Amateur Athletes
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Table of Contents

2018-2023 Global Protein Bars Consumption Market Report

Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Protein Bars by Players
Chapter 4: Protein Bars by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe
Chapter 8: Middle East & Africa
Chapter 9: Market Drivers, Challenges and Trends
Chapter 10: Marketing, Distributors and Customer
Chapter 11: Global Protein Bars Market Forecast
Chapter 12: Key Players Analysis
Chapter 13: Research Findings and Conclusion

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Research objectives

To study and analyze the global Protein Bars consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Protein Bars market by identifying its various subsegments.
Focuses on the key global Protein Bars manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Protein Bars with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Protein Bars submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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