Press release
Nutrition Bars Market 2020 Share, Size, Future Demand, Global Research, Top Leading player, Emerging Trends, Region by Forecast to 2028
This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global nutrition bars market.According to the report, 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..
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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.
Segmentation for better understanding of this market and its growth prospects:
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:
o Growing health concern and adoption of healthy diets
o The rise in the number of fitness centers and health clubs
o Increasing sales through organized distribution channels
Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.
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For nutrition bars market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the nutrition bars market.
North America and Western Europe have been one of the key regions with technological advancements in Food & Agricultural sector. The use of 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 market. 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 to the growth of nutrition bars market. Middle East and rest of the World are estimated to be emerging regions for nutrition bars market.
This report provides:
1) An overview of the global market for nutrition bars market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global nutrition bars market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.
The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.
With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like 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:
o Women Protein Bar
o Energy Protein Bars
o Meal Replacement Bars
o Low-carb Protein Bars
o Others
By Source:
o Plant Protein
o Animal Protein
By Function:
o Weight Management
o Sports & Fitness
o Functional Food
o Others
By Distribution Channel:
o Store-based
o Non-store-based
o Convenience Stores
o Supermarkets & Hypermarkets
o Others
By Category:
o Vegan
o Organic
o Gluten-free
o Multi-claim
o Others
By Protein Content:
o Low Protein (0-15 gm)
o Medium Protein (16 Gm - 25 gm)
o High Protein (Above 25 Gm)
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Product Type
o By Source
o By Function
o By Distribution Channel
o By Category
o By Protein Content
o Western Europe:
o By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
o By Product Type
o By Source
o By Function
o By Distribution Channel
o By Category
o By Protein Content
o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Product Type
o By Source
o By Function
o By Distribution Channel
o By Category
o By Protein Content
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Product Type
o By Source
o By Function
o By Distribution Channel
o By Category
o By Protein Content
o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Product Type
o By Source
o By Function
o By Distribution Channel
o By Category
o By Protein Content
o Rest of the World
o By Region (South America, Africa)
o By Product Type
o By Source
o By Function
o By Distribution Channel
o By Category
o By Protein Content
Contact:
Quince Market Insights
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Office No- A109
Pune, Maharashtra 411028
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