Get In Touch

Nutrition Bars Market to Surpass Valuation of US$ 1.8 Bn by 2030: Transparency Market Research

Nutrition Bars Market: Introduction

A latest study of TMR (Transparency Market Research) on the nutrition bars market comprises global industry analysis, along with opportunity assessment for 2020-2030. The complete revenue generated from the global nutrition bars market is expected to stand at over US$ 1.2 Bn in 2020 that is estimated to expand at a CAGR of 4%, to cross US$ 1.8 Bn by 2030.

Global Nutrition Bar Market 1 pr

Improvement in Sensory Quality of Nutrition Bars to Support Sales

The common perception that healthy food products comes at the cost of taste and flavor has been blurred out across the globe, as key players have improved their product portfolio to a point that taste is not a negative issue for nutrition bars. The improved quality of ingredients as well as the launch of novel processing technology have shaped the availability of nutrition bars in attractive compositions and flavors; some of them are only exclusive to bar offerings. This is anticipated to drive the global nutrition bars market during the forecast period. Moreover, some key manufacturers of confectionery products have transformed their product lines into functional products by launching high protein ingredient-based products to increase per unit servings of protein to entice newer customers while holding the older ones.

In 2016, Mars Inc. introduced a high protein version of Mars and Snickers bars. In 2017, it has added a high-protein version of its Bounty bar to the range, targeting the nutrition bars market, and making a high protein claim such as the 51 g, 192 calorie bar contains 19 g of proteins.

Organic Functional Bar Offerings to Tap New Consumers

The organic functional bar offerings in Europe region are expected to expand customer base of that who strictly follow organic-based food and beverage diet. This also increases consumer loyalty. This can be attributed to the recent trend of major players investing heavily in procuring organic-based ingredients. Furthermore, the segment is portrayed as premium, which helps manufacturers fragment out their offerings and tap premium users, and gain a larger profit margin in the nutrition bars market.

Global Nutrition Bars Market Segmentation

Nutrition Bars Market by Product Type

  • Energy Bars
  • Protein-rich Bars
  • Meal Replacement Bars
  • Low Carbohydrate Bars

Nutrition Bars Market by Format

  • Extruded
  • Co-extruded
  • Double Layer
  • Multilayer

Nutrition Bars Market by Function

  • Weight Management
  • Sports & Fitness
  • Functional Food
    • Diabetes
    • Others
  • Others

Nutrition Bars Market by Packaging

  • Wrappers
    • Clear Wrappers
    • Matte Wrappers
    • Metallic Films
    • Paper Wrappers
  • Boxes
  • Others

Nutrition Bars Market by Nature

  • Organic
  • Conventional

Nutrition Bars Market by Sales Channel

  • Institutional Sales
  • Modern Retail
  • Specialty Stores
  • Departmental Stores
  • Online Retail
  • Others

Nutrition Bars Market by Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
    •  
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • BENELUX
    • Nordic
    • Switzerland
    • Russia
    • Poland
    • Rest of Europe
  • APAC
    • China
    • India
    • ASEAN
    • Japan
    • Australia & NZ
    • Rest of APAC
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

7 of 10 large enterprizes view our ToC to take the right decision.

View Report ToC