Protein Bar Market: Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2023: SunOpta Inc(US), BAKERY BARN, INC.(US), The Balance Bar Company(US), Hearthside Food Solutions LLC(US)

The increasing demand among consumers, for convenience foods, is driving the Protein Bar Market. The major consumers are not only sports athletes, but also those who want to have a wholesome meal without the trouble of cooking prefer buying protein bars, owing to reasons, such as weight management, improved muscle mass, and increasing energy. However, there is a high demand for taste innovation in the protein bar market, as the consumer base is diversified. The market has the presence of many new players, such as Quest Nutrition, whose sales have increased by more than tenfold within a span of two to three years. Many companies offer protein bars with natural ingredients, and without any allergens.

Globally, the market for protein bars is expected to register a CAGR of XXX from 2018 to 2022. The protein bar market was valued at USD XXX million in 2016.

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Evolving Fitness Trends and High Demand for Convenience FoodThe key factors, such as availability of bars with reduced allergen & gluten-free content, and high demand for portable convenience foods is driving the protein bar market. Nutritional benefits from protein bars is another demand factor for consumers with more health conscious. The consumers are seeking protein bars more for maintaining general wellness, than for any specific requirement. Manufacturers have witnessed increasing sales of protein-free bars. With a wider consumer base, high prices are hindering sales in developing countries, mainly in East Asian countries. Stiff competition from cereal bars is also a restraint. Other restraints are the lack of taste, and high sugar content in many protein bars, which force consumers to rethink about protein bars, as a healthy food product. Moreover, marketing campaigns of protein bars by the fitness clubs, as a substitute for meal replacement has skyrocketed the sales of protein bars. With an increasing number of health clubs and growing awareness for protein bars, the market is expected to spur the demand during the forecast period.

Top Key Players of Nutrition Bars Market:
SunOpta Inc(US), BAKERY BARN, INC.(US), The Balance Bar Company(US), Hearthside Food Solutions LLC(US), YouBar(US), Pure Organic(US), ThinkThin, LLC(US), ONE Brands, LLC(US), NuGo Nutrition(US), Clif Bar & Company(US), Rise Bar(US), Powerbar(US)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Protein bars
Meal-replacement bars
Whole food bars
Snack bars
Fibre Bars
Others

By Application, the market can be split into
Adult Male
Adult Female
Youth

By Regions, this report covers
North America
China
Europe
Southeast Asia
Japan
India

High Protein Content Bars Dominate the Market:
High protein bars mainly provide consumers with potentially positive health benefit beyond basic nutrition, low calorie intake, and effective weight management. Protein bars contain a high percentage of ready to eat, easy to digest protein from, both, animal and plant protein sources. At global market, North America is largest Consumer of Protein Bars, followed by Europe (especially Western Europe), Asia Pacific and rest of the world. Currently China is the fastest growing market for protein bars consumption.

Table of Contents:
Global Nutrition Bars Market Professional Survey Report 2017
1 Industry Overview of Nutrition Bars
1.1 Definition and Specifications of Nutrition Bars
1.1.1 Definition of Nutrition Bars
1.1.2 Specifications of Nutrition Bars
1.2 Classification of Nutrition Bars
1.2.1 Protein bars
1.2.2 Meal-replacement bars
1.2.3 Whole food bars
1.2.4 Snack bars
1.2.5 Fibre Bars
1.2.6 Others
1.3 Applications of Nutrition Bars
1.3.1 Adult Male
1.3.2 Adult Female
1.3.3 Youth
1.3.4 Others
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
2 Manufacturing Cost Structure Analysis of Nutrition Bars
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Nutrition Bars
2.3 Manufacturing Process Analysis of Nutrition Bars
2.4 Industry Chain Structure of Nutrition Bars
3 Technical Data and Manufacturing Plants Analysis of Nutrition Bars
3.1 Capacity and Commercial Production Date of Global Nutrition Bars Major Manufacturers in 2016
3.2 Manufacturing Plants Distribution of Global Nutrition Bars Major Manufacturers in 2016
3.3 R&D Status and Technology Source of Global Nutrition Bars Major Manufacturers in 2016
3.4 Raw Materials Sources Analysis of Global Nutrition Bars Major Manufacturers in 2016

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