Pro-Diet Bars Market Introduction
Health and nutrition bars market are witnessing high demand owing to the growing awareness about health and wellness among the consumers. A wide range of nutrition bars is available to meet the consumer needs, among which pro-diet bars are one of the highly demanded nutrition bars. Pro-diet bars have gained popularity among the consumers driven by the nutritional attributes. Pro-diet bars have few carbs, vitamins, and minerals but high protein content which serves best for consumers who are on protein diets, athletes and gym enthusiasts. Pro-diet bars market primarily target the audience who demand protein sources that do not require any preparation. Pro-diet bars market is expected to grow over the forecast period attributed to the high demand among fitness freaks and athletes.
Pro-Diet Bars Market: Market Dynamics
Increasing demand for pro-diet bars is driven by the nutritional benefits such as high protein concentration, less quantity of carbs, few vitamins and minerals. Pro-diet bars serve as a workout fuel for exercise enthusiasts which helps them in muscle build up. Pro-diet bars are equivalent to meals which avoid the consumers from overeating thus preventing them from gaining weight. Pro-diet bars market are driven by its multiple benefits which include the pro-diet bar being a meal substitute for consumers who are on a weight watch as it curbs out the appetite along with providing appropriate protein and nutrient content, pro-diet bars serve as an adequate protein diet for women who often miss out on consuming the required protein content from their daily meals. Pro-diet bars market is significantly boosted by the high demand among the athletes for whom, the pro-diet bars serve as a fuel for energy. Besides the demand generated by the consumers, another factor that contributes to the growth of pro-diet bars includes the availability of pro-diet bars in a variety of flavors which enhances the taste of the bars thereby stirring up the demand among consumers.
Pro-diet bars, in spite of offering multiple benefits face few restraints that hinder the growth of the pro-diet bars market globally. Pro-diet bars are protein derivatives such as whey, soy, and pea flour which taste awful. In order to enhance the taste to make it edible manufacturers add sweeteners such as sugar alcohol which have high chances of causing stomach upsets, bloating, flatulence and diarrhea. They also add high fructose corn syrup which can disrupt the metabolic syndrome. Few pro-diet bars contain high amounts of preservatives, artificial flavors and hydrogenated vegetable oils which can compromise on the nutritional attribute of the pro-diet bars.
Pro-Diet Bars Market: Market Segmentation
Pro-diet bars market can be segmented on the basis of raw materials used in its manufacturing, which includes:
- Whey Isolate
- Pea Flour
- Milk Isolate
- Soy Crisps
Pro-diet bars market can be segmented on the basis of sweeteners used in manufacturing, which includes
- Sorbitol (Sugar alcohol)
Pro-diet bars can also be segmented on the basis of different flavors available. It includes:
Pro-Diet Bars Market: Regional Outlook
Regional coverage for pro-diet bars market includes North America, Latin America, Europe Asia-Pacific and China (APAC) and the Middle East and Africa (MEA). U.S market in North America and Europe account for a significant market share in the global pro-diet bars market owing to the presence of highly health conscious consumers, athletes and exercise and fitness enthusiasts. Pro-diet bars market in India witnesses a budding market attributed to the increasing rate of fitness freaks, increasing awareness about the product and its benefits, increasing sports activities and increasing incidences of health issues such as diabetes and obesity. Increasing purchasing power of the consumers also drives the pro-diet bars market in India.
Pro-Diet Bars Market: Market Players
Few players operating in the pro-diet market include Naturell, Xterra Nutrition, Nestle (PowerBar), Coca-Cola (Odwalla), General Mills, Kelloggs, Promax Nutrition and others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
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Below is a snapshot of these quadrants.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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