Snack Bar Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2023

Global Snack Bar Market Summary:

With an increasing awareness among consumers on healthy eating, snack bars have become immensely popular replacing chocolates, cakes, and biscuits as the go-to snacks. Snack bars manufacturers are introducing the health aspect into their products regarding the protein and fiber content. The global snack bars market is estimated to register a CAGR of 6.7% during the forecast period. The category fared well despite the economic recession as they are considered as affordable comfort food.

Snack Bar Market Overview:

Snack Bar Market Research Report provides knowledgeable and in-depth study of the major Snack Bar Market leading players together with the company profiles and methods adopted by them. This enables the customer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Snack Bar industry key players is included within the report, which provides a comprehensive analysis of value, cost, gross, revenue, product picture, specifications, company profile, and contact information.

Healthy Snack Bar Driving the Market

Snack bars brands have been very responsive to consumer trends such as demand for nutritious snacks containing fiber, Functional snacks, low-carb snacks, protein fortified snacks and offering satiety. Snack bars with fortified functional ingredients are about to see notable demand. Snack bars have also responded to diet trends such as gluten-free and Paleo diets, and as such launches of grain-free and even meat-based snack bars have increased. The sugar content of snack bars is likely to be increasingly scrutinized by health-conscious consumers and is a constraint for the category. These snack bars are the inexpensive source of nutrition which has resulted in the replacement of other traditional foods. The rising demand for ready-to-eat (RTE) food is expected to be a major factor in influencing snack bar market growth in near future. Hectic lifestyle of the working middle-class population has increased the consumption of cereal bars as snacks between meals.

Ample availability of substitute nutritional foods is expected to hinder the market growth.

Avail a Sample Copy before Purchase:

https://www.marketreportsworld.com/enquiry/request-sample/12347206

Granola Holds Major Market Share

The snack bar market is segmented based on type and distribution channel. There are various products available as snack bars such as breakfast bars, energy bars, fruit bars, granola, nutritional bars and others. However, among all the available options, granola bars accounted for the highest sales followed by breakfast/cereal bars. The sales for granola bar increased by 3.8% in 2016, and they make up for three- fifths of the snack bars market. Fruit-based snack bars such as Naked in the UK and Cactus in Scandinavia are playing a big role in this category. %. This format utilizes fruit as binder and sweetener agent, enabling the snack bars to make “no added sugar” claims which resonate with an increasingly sugar-wary consumer. Nutrition bar market grew 34% reaching 2.2 billion USD and had a market share of 39.6. The performance bar segment has seen an increase in demand for less processed protein source. As a result, snack bars containing organic whey protein have emerged. There is an increase in the use of plant-based protein sources like soy, rice pea, and hemp. The overall rise in the trend of snacking between meals makes snack bars an extremely viable option.

Global Snack Bar Market Segmentation:

Key Manufacturers Covered in This Report:

Clif Bar, Concord Foods, Fiber One, Frank Food Company, General Mills, Kellogg, KIND Snacks, Luna Bar, Nakd foods, Natural Balance Foods, Nature Valley, Quaker

Regional Segmentation Includes:

US, Canada, UK, Germany, France, Italy, China, India, Japan, Brazil, Mexico, Argentina, UAE, Saudi Arabia, Israel, South Africa

North America Leading at the Regional Front



The US remains the largest market for snack bars with the highest sales accounting for 42% of the global sales. North America was the largest regional market for snack bars in 2013. Asia-Pacific has witnessed a strong growth over the past few years on account of increasing household income. India and China are two leading markets in Asia- Pacific region, responsible for triggering the market growth. The rise in the living standards of the middle-class population is expected to result in increasing demand. Japan and the UK are the other significant markets accounting for a 35% cumulatively. Snack foods are the best options for consumers who prefer on-the-go breakfast and who would be interested in portable and convenient snacking options.

Price of Report: $ 4250 (Single User License)

Purchase the Snack Bar Market Report at:

https://www.marketreportsworld.com/purchase/12347206

What are the business Opportunities for the Investors?

Help to Identify latest Trend and emerging drivers

Useful for SWOT Analysis of the market

Useful for Developing business Strategies

Helps to Identify market Growth till 2023

Help to Understand the competitive landscape

Major growths and Development in 2017 covered in the report

And the latest major developments in 2019 covered in the report

Reasons to Purchase the Snack Bar Market Report:

- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market.

- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.

- Study on the product type that is expected to dominate the market.

- Study on the regions that are expected to witness fastest growth during the forecast period.

- Identify the latest developments, market shares and strategies employed by the major market players.

- 3 months analyst support along with the Market Estimate sheet (in excel).

Available Customization of the Report:

- This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.

Points Covered in TOC of Global Snack Bar Market

For Detailed TOC, Tables and Figure, Visit@

https://www.marketreportsworld.com/TOC/12347206

Introduction
1.1 Key Deliverables of the Study

1.2 Study Assumptions

1.3 Market Definitions

Market Insights
2.1 Market Overview

2.2 Market Trends

2.3 Industry Attractiveness – Porters Five Forces Analysis

2.3.1 Bargaining Power of Suppliers

2.3.2 Bargaining Power of Consumers

2.3.3 Threat of New Entrants

2.3.4 Threat of Substitute Products and Services

2.3.5 Degree of Competition

Market Dynamics
3.1 Drivers

3.2 Restraints

3.3 Opportunities

Market Segmentation
4.1 By Product Type

4.1.1 Introduction

4.1.2 Breakfast Bar

4.1.3 Granola / Muesli Bars

4.1.4 Energy and Nutrition Bars

4.1.5 Fruit Bars

4.1.6 Others

4.2 By Distribution Channel

4.2.1 Introduction

4.2.2 Hypermarket/ Supermarkets

4.2.3 Convenience Stores

4.2.4 Online Channel

4.2.5 Others

Regional Market Analysis
5.1 North America

5.1.1 US

5.1.2 Canada

5.1.3 Mexico

5.1.4 Rest of North America

5.2 Europe

5.2.1 Spain

5.2.2 UK

5.2.3 France

5.2.4 Germany

5.2.5 Russia

5.2.6 Italy

5.2.7 Rest of Europe

5.3 Asia-Pacific

5.3.1 China

5.3.2 India

5.3.3 Japan

5.3.4 Australia

5.3.5 Rest of Asia-Pacific

5.4 South America

5.4.1 Brazil

5.4.2 Argentina

5.4.3 Rest of South America

5.5 Africa

5.5.1 South Africa

5.5.2 Rest of Africa

Competitive Landscape
6.1 Most Active Companies

6.2 Most Adopted Strategies

6.3 Market Share Analysis

Company Profiles
7.1 Kellogg

7.2 Natural Balance Foods

7.3 Luna Bar

7.4 Concord Foods

7.5 Clif Bar

7.6 General Mills

7.7 Quaker

7.8 Fiber One

7.9 Nature Valley

7.10 KIND Snacks

7.11 Nakd foods

7.12 Frank Food Company

Appendix
8.1 Disclaimer

Have a query, Ask to our Industry Expert:

https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12347206

To conclude, Snack Bar report focus on Global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors, major types, major applications and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export, Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.

Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Market Reports World is the credible source for gaining the market reports that will provide you with the lead your business needs.

3rd Floor, Silver Spring, Sahyadri farms,
Opp Prabhavee Tech Park,
Baner - Mhalunge Road, Baner, Pune 411045

This release was published on openPR.