Press release
Protein Bar Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | General Mills Inc., The Simply Good Foods Company, Caveman Foods LLC, Kellogg Co., Glanbia PLC
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Protein Bar Market Size, Growth Rate, And Forecast
The global protein bar market size is expected to grow from $3.93 billion in 2022 to $4.22 billion in 2023 at a compound annual growth rate (CAGR) of 7.31%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The global protein bar market size is expected to reach $5.53 billion in 2027 at a CAGR of 7.04%.
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Protein Bar Market Drivers
The increasing popularity of protein-based diets is expected to propel the growth of the protein bar market going forward. Protein-based diets consist of foods that contain high amounts of protein, like meat, eggs, milk, nuts, beans, seafood, and vegan products like soy. The increased protein-based diets demand boosts the protein bar market as they are sources of proteins and other vital nutrients.
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Protein Bar Market Segments
• By Source: Plant-Based, Animal-Based
• By Product: Gluten-Free Protein Bars, Vegetarian Protein Bars, Sports Nutrition Bars, Other Products
• By Protein Content: Low Protein Content, Medium Protein Content, High Protein Content
• By End-User: Adult Male, Adult Female, Other End-User
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Protein Bar market.
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Protein Bar Market Key Players
Major competitors in the Protein Bar market include General Mills Inc., The Simply Good Foods Company, Caveman Foods LLC, Kellogg Co., Glanbia PLC, Mars Incorporated, Mondelez International, Premier Nutrition Company LLC., Amway, Nestlé S.A, GNC Holdings LLC
The Business Research Company's "Global Protein Bar Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Protein Bar Market Include:
1. Executive Summary
2. Protein Bar Market Characteristics
3. Protein Bar Market Trends And Strategies
4. Protein Bar Market - Macro Economic Scenario
5. Protein Bar Market Size And Growth
………
27. Protein Bar Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Protein Bar Market
29. Protein Bar Market Future Outlook and Potential Analysis
30. Appendix
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