Global Energy Bars Market, By Form (Organic, Conventional), Flavors (Fruit Flavor, Chocolate Flavor, Nut Flavor, and Mixed Flavors), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, Other Distribution Channel), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The energy bars market is expected to witness market growth at a rate of 4.86% in the forecast period of 2021 to 2028 and is expected to reach USD 0.61 billion by 2028. Data Bridge Market Research report on energy bars market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of food and beverage sector globally is escalating the growth of energy bars market.
Energy bars refer to the supplemental bars consisting cereals as well as high energy food. These are beneficial in providing quick energy as it provides proper nutrition required by a person. These products are often fortified with minerals and vitamins that assists in fulfilling nutritional gaps.
The increase in the demand of the product among people owing to its benefits in providing nutrition across the globe acts as one of the major factors driving the growth of energy bars market. The high need for the carbohydrates, fats, and proteins, which assists in providing immediate energy and are frequently used as a meal replacement, and growth in awareness regarding protein and added carbohydrates in the bar providing the energy one needs to get through workout or training accelerate the market growth. The use the bars as post-workout nutrition the body required for building new muscle tissue and repairing any minor muscle tears and consumer demand for convenient and healthy on-the-go snack options further influence the market. Additionally, rise in population globally, surge in the disposable income, growth in the awareness, and change in consumer lifestyle positively affect the energy bars market. Furthermore, increase in demand for well-balanced diet in a small package extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the availability of substitute products and less awareness regarding new products are expected to obstruct the energy bars market. Negative impact of product recalls is projected to challenge the energy bars market in the forecast period of 2021 to 2028.
\This energy bars market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on energy bars market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Energy Bars Market Scope and Market Size
The energy bars market is segmented on the basis of form, flavors, and distribution channels. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the energy bars market is segmented into organic and conventional.
- On the basis of flavors, the energy bars market is segmented into fruit flavor, chocolate flavor, nut flavor, and mixed flavors.
- On the basis of distribution channel, the energy bars market is segmented into supermarkets/hypermarkets, convenience stores, specialist retailers, online retail, and other distribution channel.
Global Energy Bars Market Country Level Analysis
The energy bars market is analysed, and market size, volume information is provided by country, form, flavors, and distribution channel as referenced above.
The countries covered in the global energy bars market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the energy bars market because of the growing demand for functional food, indulgence, meal replacement, and on-the-go snacking within the region.
The country section of the organic soy yogurt market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Energy Bars Market Share Analysis
The energy bars market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to energy bars market.
The major players covered in the energy bars market report are Kellogg Co., General Mills Inc., Clif Bar & Company, Health Warrior, Mars, Verb Energy, Inc., NELLSON ANAHEIM, Novacap, Bite Snacks, PowerBar, yourbarfactory, SternLife, Hero Group, Crazy Jane Ltd, Fullwell Mill Limited, Brighter Foods, Built Bar, and Aurora Intelligent Nutrition, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.