A recent report on Protein Bar Market provides a detailed analysis of the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and the latest growth trends accepted by key players that form a part of the competitive spectrum of this business.
Scope of The Report:
Firms specializing in low protein bars might do well to aim North America as users in this area appear to have a solid desire for protein bar. This will significantly boost the protein bar market growth.
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Protein bars are handy on-the-go snacks that offer protein together with different nutrients. Proteins, in the human body, perform many functions comprising tissue and cell repair, maintaining fluid balance, the making of enzymes and hormones, and offering energy. The protein bars’ isolated proteins are sourced from meat, soy, and nuts, amongst others. Protein bars are eaten as snacks, meal replacers, or for workout support relying on the requirement. They are accessible in several flavors such as peanut butter, chocolate, fudge brownie, caramel almond, and lemon meringue.
The snack bars category is predicted to be the biggest, clocking a considerable CAGR by the end of 2025. User preference for on-the-go healthy snacks is powering the development of the segment. In addition to this, protein snack bars are accessible in different flavors such as strawberry, chocolate, peanut butter, and cookies and cream, which is powering the development of the segment.
Protein Bar Manufacturers
The major players included in the global protein bar market forecast are,
- General Mills Inc.
- Clif Bar & Company
- Kellogg Company
- Naturells India Pvt. Ltd.
- Natural Balance Foods Ltd.
- The Nature’s Bounty Co.
- Atkins Nutritionals, Inc.
- Quest Nutrition, LLC.
- Abbott Laboratories Inc.
Solid Desire For Protein Bar By Users To Power Growth In The Market
High protein bars have a income share more than 40% in the protein bar market by product section and are predicted to elevate the protein bar market growth over the coming period. The high protein bar section is making it imperative for protein bar makers to alter their product mix for that reason. The low protein section is the next most popular with an income share just more than 33% in the protein bar market. Firms specializing in low protein bars might do well to aim North America as users in this area appear to have a solid desire for this protein bar section.
The specialty stores and modern trade section have an income share more than 50% of the protein bar market and protein bar firms are suggested to take this into consideration while planning their distribution tactics. The modern trade section is predicted to clock a solid CAGR in the forecast period. The modern trade section is specially well-designed in Europe and North America and these areas are unlikely to cede their dominant positions to Asia Pacific anytime soon. Specialty stores have the max potential in the Asia Pacific area as the CAGR is expected to be the most in this region.
Key Market Segments:
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Stores, Other
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
North America Added Up For The Biggest Market Share And Is Expected To Show A Considerable Growth During The Coming Period
By region, the global protein bars market has been divided into Asia-Pacific, Europe, North America, and the rest of the world (RoW). North America added up for the biggest market share and the regional market is expected to show a considerable growth during the coming period. The US is one of the top markets in the area, adding up for the biggest projected market share during the coming period. There is an increasing requirement for high-protein-supported snacks amongst health-conscious users owing to a focus on strong eating behavior which is powering the development of the US protein bars market.
The UK added up for the biggest share of the European market. Increasing health awareness is powering market players to aim on R&D to roll out healthy meal substitute bars with high content of protein in the European market. On the other hand, the market in Asia Pacific is expected to show the utmost CAGR during the coming period with India being the quickest-developing country-level area.
Table of Content
Chapter 1 Global Protein Bar Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Protein Bar Market Revenue Overview
1.3 Global Protein Bar Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025
Chapter 2 Global Protein Bar Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.2.1 Increasing need to improve the process in order to comply with new standards is anticipated to witness a high growth of Protein Bar Market
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Protein Bar Market: SWOT Analysis
2.7 Global Protein Bar Market: PEST Analysis
2.8 Global Protein Bar Market: Attractiveness Analysis
2.8.1 Global Protein Bar Market: Attractiveness Analysis by Type
2.8.2 Global Protein Bar Market: Attractiveness Analysis by Grade
2.8.3 Global Protein Bar Market: Attractiveness Analysis by Regional
Chapter 3 Competitive Analysis
3.1 Global Protein Bar Market
3.1.1 Global Protein Bar market Revenue (USD Billion), By Players 2018
3.1.2 Global Protein Bar Market Revenue Share (%), By Players 2018
Chapter 5 Global Protein Bar Market: By Types
5.1 Global Protein Bar Market Share (%), By Types, 2018
5.2 Global Protein Bar Market Revenue (USD Billion), By Types, 2015 – 2025
5.3 Global Protein Bar Market Revenue (USD Billion), Based,2015-2025
5.4 Global Protein Bar Market Revenue (USD Billion), Based,2015-2025
5.5 Global Protein Bar Market Revenue Share (%), By Types, 2015 – 2025
5.6 Global Protein Bar Market Revenue Market Share (%), By Types, 2015-2025
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