Press release
Global Trends Overview: The Rapid Evolution of the Protein Bar Market
The protein bar market is gaining significant momentum as consumer preferences shift toward healthier, functional snacking options. With a growing emphasis on plant-based nutrition and personalized sports supplements, this sector is set to experience robust development in the coming years. Let's explore the market size projections, key players, emerging trends, and segmentation that define this dynamic industry.Forecasted Growth Trajectory of the Protein Bar Market Size Through 2030
The protein bar market is anticipated to witness strong expansion, reaching a value of $8.01 billion by 2030. This represents a compound annual growth rate (CAGR) of 8.2%. Several factors contribute to this upward trend, including rising interest in plant-based nutrition, growth in personalized sports nutrition products, a heightened focus on sustainable protein sources, more consumers adopting functional snacking habits, and continuous innovation in protein formulations. Key trends expected to influence the market during this period include increased demand for high-protein functional snacks, greater popularity of plant-based protein bars, expanding sports nutrition consumption, attention to clean-label ingredients, and advancements in flavor and texture.
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Top Companies Leading the Protein Bar Market at Present
The competitive landscape of the protein bar market is dominated by several major players such as Nestlé S.A., Abbott Laboratories, Mars Incorporated, Mondelez International Inc., General Mills Inc., Kellogg Company, Hormel Foods Corporation, Glanbia plc, Post Holdings Inc., The Simply Good Foods Company, Premier Nutrition Company, Clif Bar & Company, Orgain Inc., MusclePharm Corporation, NuGo Nutrition, GoMacro LLC, Caveman Foods LLC, ProBar LLC, Natural Balance Foods Limited, Amway Corporation, The Nature's Bounty Co., and Kind LLC.
Recent Strategic Acquisition Strengthening Market Position
In January 2025, Ferrero Group, a global confectionery and packaged foods leader based in Italy, completed the acquisition of Power Crunch from Bio-Nutritional Research Group Inc. Although the purchase price was undisclosed, this move supports Ferrero's strategy to deepen its footprint in the rapidly growing better-for-you snack segment. Power Crunch, headquartered in Irvine, California, is known for its high-protein wafer bars and protein crisps, making it a valuable addition to Ferrero's expanding North American portfolio.
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Emerging Trends Positively Impacting the Protein Bar Market
Companies within the protein bar market are increasingly focusing on launching products with reduced sugar to meet changing consumer preferences. Low-sugar protein bars are designed with lowered sugar content, often using alternative sweeteners, appealing to those who want a convenient protein source without excess sugar intake. These bars are especially popular among people managing their weight or following specific dietary regimes.
An example of this trend is Mars Inc., which in August 2023 introduced Snickers Hi Protein Low Sugar and Snickers Hi Protein Low Sugar White bars. These new products deliver the familiar Snickers flavor profiles-peanut, nougat, and caramel-while containing only 2 grams of sugar, 20 grams of protein, and approximately 217-218 calories per bar. Mars aims to distribute these bars through both major retailers and impulse-buy channels, leveraging the popular Snickers brand to attract consumers in a competitive market. The individually wrapped bars offer a protein-rich, tasty snack that is convenient for post-workout recovery or on-the-go consumption.
Detailed Segmentation of the Protein Bar Market
The protein bar market is categorized in this report based on the following dimensions:
1) Source: Plant-Based and Animal-Based
2) Protein Content: Medium Protein Content and High Protein Content
3) End-User: Athletes and Sports Professionals, Fitness Enthusiasts and Gym-Goers, Lifestyle and Health-Conscious Consumers, and Meal Replacement Users
Further breakdowns include:
- Plant-Based protein bars categorized by types such as Pea Protein, Soy Protein, Rice Protein, and other plant proteins.
- Animal-Based protein bars segmented into Whey Protein, Casein Protein, Egg Protein, and other animal proteins.
This comprehensive segmentation helps clarify the diverse offerings and consumer groups driving the protein bar market forward.
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