Protein Bar Market is expected to reach USD 6,171.38 Million by 2029 : Cognitive Market Research

Market Overview:
A protein bar is a ready to eat bar which contain significant amount of protein that is especially develop to appeal to consumers who want a reliable and secure source of protein. Protein bars provide necessary protein supplements to the body. These are usually lower in carbohydrate content than in energy bars. Protein bars are mainly used by athletes or fitness enthusiasts for muscle building.
Protein bars increase muscle protein synthesis and thus it can help to build muscle mass. These bars will also increase the muscle strength and power, in addition to that these protein bars also contain significant number of fibres which helps to improve protein absorption and assimilation.

Market Insights:
• The Global Protein Bar Market is expected to reach USD 6,171.38 Million by the end of 2029, growing at a CAGR of 6.67% between 2023 and 2030.
• The Energy Protein Bar Revenue in Protein Bar is anticipated to reach USD 2,420.40 Million in 2029.
• The North America Protein Bar market size is expected to reach at USD 3,062.71 Million in 2029.

"To know more The Global Protein Bar Market Insights click here:
https://www.cognitivemarketresearch.com/protein-bar-market-report

Market Drivers:
• Increased admiration of health and nutrition-based products
The life of people is not the same as they used to be years ago. With increasing urbanization, digitalization and commercialization, the population has become busier and more stressed. Moreover, the increasing number of the working population, especially women population has also invited stress and associated illness.
The adoption of a sedentary and unhealthy lifestyle is also boosting the need for physical fitness, and nutrition factors. In such cases, taking control of life becomes more difficult with the busy schedule, hence people try to incorporate little changes in their lifestyle. Food plays a vital role in a healthy life and changes in the adoption of food habits such as the adoption of a nutritional diet instead of a less unhealthy diet are changing the perspective of the population.
Moreover, the prevalence of obesity and overweight is increasing among children and adults age group. According to WHO, there are around 340 million children and adolescents, who face issues related to obesity or being overweight.
• Eclectic availability of protein bars in the market
E-commerce or online shopping is on the verge of rising at a pace and is experiencing a fantastic surge in today's world owing to its increasing trend and convenience. Consumers around the world are shifting towards online purchasing platforms owing to their several benefits such as comfort and convenient shopping experience, significant product options, detailed product information, easy price comparison, product review, coupons and discounts, and multiple payment options which create value for customers.
A new study showed that approximately 36% of U.S. consumers are now buying goods online which was only 29% in the year 2019. Hence, numerous food companies, food retailer stores, and grocery chains are investing in creating their own digital sales channels and expanding their portfolio online.
• Restraints for Protein Bar Market
Availability of alternative products and associated side effects
• Opportunities for Protein Bar Market
Intensifying number of athletes, bodybuilders, and fitness enthusiasts

Market Segmentation:
Type
• Low Protein (0-15 grams)
Low protein bars have protein content about 15 grams which can be consumed as pre workout snack, or for those times when it's going to be a while before next meal.
• Medium Protein (16-25 grams)
• High Protein (Above 25 grams)

Source
• Animal Protein
Animal protein bars are made up of animal sources, such as whey protein, casein, milk protein and others. These protein sources are used in most of the animal protein-based bars. In animal protein bar, sources like whey and casein are the main protein ingredients.
• Plant Protein
Plant sources which are rich in protein are used in protein bars. Most of the protein bars are made from the plant proteins, such as oats, granola, almonds, peanuts, cereals and others.

Product
• Low Protein (0-15 grams)
• Medium Protein (16-25 grams)
• High Protein (Above 25 grams)

Sales Channel
• Online
• Offline

Get free sample pages of latest published The global Protein Bar Market Report:
https://www.cognitivemarketresearch.com/protein-bar-market-report/report_enquiry/4

Competitive Analysis for The global Protein Bar Market:
The WhiteWave Foods Company, Premier Nutrition Corporation, Kellogg Co., General Mills Inc., Amway Corporation, Abbott Laboratories, GlaxoSmithKline Plc, GNC Holdings Inc., Glanbia Plc, Vitaco Health Group Limited, Others.

Danone
Danone is France based food company. The company initially produced only fresh dairy products, in particular yogurts, which were sold at pharmacies. Now, the business is operating under Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition and Medical Nutrition. It has over 101,911 employees worldwide. The company has worldwide presence in North America, Europe, Asia regions.

NEWS:
• November 2021
Danone Announced the Sale Of Aqua D'Or
Danone announced that it has agreed to sell Aqua d'Or, its Water and Beverage business in Denmark, to Royal Unibrew, a Denmark-based brewing and beverage. company.

• October 2021
Alpro Unveils Major UK Investment Plan Set to Increase Production Yield Whilst Slashing Energy Consumption
Alpro, a pioneer in the plant-based industry and a Danone-owned company, is announcing its most recent investment for its UK factory in Kettering as part of a larger $41 million plan to increase production capacity for its plant-based goods aimed at UK consumers, improve its sustainability credentials, and add new jobs in the region.

• January 2021
Kellogg Company expanded its Kellogg's Raisin Brans Product line
The company engaged in expansion of its new Kellogg Raisin bran product line with introduction of new Kellogg Raisin Bran toasted oats and Honey.

Related Report:
• K eto Protein Bars Market: https://www.cognitivemarketresearch.com/k eto-protein-bars-market-report
• Protein Bars Sales Market: https://www.cognitivemarketresearch.com/protein-bars-sales-market-report
• Vegan Protein Bar Market: https://www.cognitivemarketresearch.com/vegan-protein-bar-market-report
• Gluten Free Protein Bar Market: https://www.cognitivemarketresearch.com/gluten-free-protein-bar-market-report

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