Press release
Energy Bars Market to Eyewitness Massive Growth by 2026: Leading Key Players Kellogg Co., General Mills Inc., Clif Bar & Company, Health Warrior, Mars
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Energy Bars Market by By Form (Organic, Conventional), Flavors (Fruit Flavor, Chocolate Flavor, Nut Flavor, and Mixed Flavors), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, Other Distribution Channel) Analysis and Forecast, 2020 – 2026”. Global energy bars market is expected to registering a CAGR of 4.80% during the forecast period of 2019-2026 due to increased demand of on-the-go snacking worldwide which will help the market to grow substantially.Energy bars are the supplemental bars that contain cereals as well as high energy food. The energy bars are helpful in providing quick energy because it provides proper nutrition required by a person. These bars are often fortified with minerals and vitamins which ultimately help in fulfilling nutritional gaps. Due to its benefits in providing nutrition among people quick it is demanding products in market. Hence many of the companies are involves in providing these energy bars fulfilled with nutrition.
Few of the leading organizations’ names are listed here- Kellogg Co., General Mills Inc., Clif Bar & Company, Health Warrior, Mars, Verb Energy, Inc., NELLSON ANAHEIM, Novacap, Bite Snacks, PowerBar, yourbarfactory, SternLife, Hero Group, Crazy Jane Ltd, Fullwell Mill Limited, Brighter Foods, Built Bar, Aurora Intelligent Nutrition among others.
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Market Drivers:
Demand for flavoured energy bar and clean label product; may help the market to grow.
Consumer preference for health & wellness products; this factor is expected to drive the growth of the market
Increased demand of on-the-go snacking; this factor is expected to drive the growth of the market
Increasing preference for the fusion flavor, and nut flavour; this factor is expected to drive the growth of the market
Market Restraints:
Availability of substitute products is restraining market growth
Less awareness regarding new products in developing countries is restraining market growth
Negative impact of product recalls, and challenges associated with product distribution may hamper the growth of market
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The Promising Regions & Countries Mentioned In Energy Bars Market Report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions.
In this study, the years considered to estimate the market size of Energy Bars are as follows:
History Year: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
Crucial Market Segment details-:
By Form
Organic
Conventional
By Flavors
Fruit Flavor
Chocolate Flavor
Nut Flavor
Mixed Flavors
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Other Distribution Channel
Methodologies utilized to evaluate the market-:
In August 2018, Clif Bar & Company has launched three new products and they are CLIF Fruit Smoothie Filled Energy Bar, CLIF BAR Sweet & Salty and CLIF Energy Granola. These are a new food category for the brand provided by the company. This CLIF Fruit Smoothie Filled Energy Bar is the first USDA Certified Organic energy bar which is provided by the company. In recent time, increasing demand of organic product in food category, these products may play important role in generating revenue for the particular market
In April 2015, Clif Bar & Company launched of CLIF Organic Trail Mix bar in the country Canada. This product is mixed form of organic fruits and nuts as it contains red cherries, crunchy almonds, and delicious dark chocolate chunks. With this launch of the product the company has increased its product portfolio and company has continued in making and providing foods products among consumers which are good for people and for the planet.
Research strategies and tools used-:
This ENERGY BARS market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.
Table of Contents
1 Energy Bars Market Overview
2 Manufacturers Profiles
3 Global Energy Bars Market Competitions, by Players
3.1 Global Energy Bars Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Energy Bars Players Market Share
3.2.2 Top 10 Energy Bars Players Market Share
3.3 Market Competition Trend
4 Global Energy Bars Market Size by Regions
5 North America Energy Bars Revenue by Countries
6 Europe Energy Bars Revenue by Countries
7 Asia-Pacific Energy Bars Revenue by Countries
8 South America Energy Bars Revenue by Countries
9 Middle East and Africa Revenue Energy Bars by Countries
10 Global Energy Bars Market Segment by Type
11 Global Energy Bars Market Segment by Application
12 Global Energy Bars Market Size Forecast (2019-2026)
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Conclusion:
This Energy Bars research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Email: sales@databridgemarketresearch.com
About Data Bridge Market Research
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