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Nutritional Bars Market Report 2023 - Market Size, Growth Rate, Major Drivers And Key Trends | Mars Incorporated, Abbott Laboratories, Mondelez International Inc., Natural Balance Foods Ltd., General Mills Inc., Kellogg Company
Nutritional Bars Global Market Report
The Business Research Company's Nutritional Bars Global Market Report 2023 identifies the Rising demand for healthy and nutritious food products is expected to propel the growth of the nutritional bar market going forward. Healthy and nutritious food products refer to foods that provide essential nutrients, promote overall health, and support the body's optimal functioning. Nutritional bars are often used as a healthy and nutritious food option. They are typically made with whole, natural ingredients that are good for health. It provides a good source of nutrients, has a high fiber content, and has limited added sugars.
The global nutritional bars market is expected to grow from $6.34 billion in 2022 to $6.79 billion in 2023 at a compound annual growth rate (CAGR) of 7.09%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nutritional bars market is expected to reach $8.63 billion in 2027 at a CAGR of 6.1%.
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Major players in the nutritional bars market are Mars Incorporated, Abbott Laboratories, Mondelez International Inc., Natural Balance Foods Ltd., General Mills Inc., Kellogg Company, Glanbia plc, Quaker Oats Company, Simply Good Foods Company, SunOpta Inc, Clif Bar & Company, Kind LLC, PowerBar, RX Kids, Quest Nutrition, Premier Nutrition Inc., Grenade, Pure Protein, Bobo's, Atkins Nutritionals Inc., The Nature's Bounty Co., Kashi Company, RXBAR, Lärabar, NutreeLife, Perfect Bar LLC, Nature Valley, Thunderbird Real Food Bars, Oatmega, Zing Bars, and ZonePerfect.
A key trend in the Nutritional Bars market includes the Product innovation is a key trend gaining popularity in the nutritional bar market. The major companies operating in the nutritional bar market are developing innovative products to sustain their position in the market.
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The Nutritional Bars market is segmented -
1) By Product Type: Protein Bars, Energy Bars, Meal Replacement Bars, Snack Bars, Other Products
2) By Flavors: Chocolate, Fruits, Peanut Butter, Savory, Spices, Other Flavors
3) By Category: Conventional, Gluten-Free
4) By End-User: Adults, Children
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Nutritional Bars market.
The Business Research Company's "Global Nutritional Bars Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nutritional Bars Market Include:
1. Executive Summary
2. Nutritional Bars Market Characteristics
3. Nutritional Bars Market Trends And Strategies
4. Nutritional Bars Market - Macro Economic Scenario
5. Nutritional Bars Market Size And Growth
……
27. Nutritional Bars Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nutritional Bars Market
29. Nutritional Bars Market Future Outlook and Potential Analysis
30. Appendix
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