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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Energy Bar Market Outlook
The global energy bar market is estimated to grow at a CAGR of around 4.80% during the forecast period of 2024-2032.
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Properties and Applications
The energy bar is a balanced combination of nutritious ingredients and snacks to improve strength and stamina. The high carbohydrate and sugar content are the main features that separate it from other protein and snack bars, adding to its high energy quality.
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The energy bar market can be broadly categorised based on its nature, distributional channels, and regions.
Based on its nature, the energy bar market can be divided into:
- Organic
- Conventional
The distributional channels in the industry can be segmented into:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialist Retailers
- Online Retail
- Others
The EMR report looks into the regional energy bar markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The growth of digital retailing in the energy bar market has been fuelled by factors such as increasing urban customers, the growing millennial population, and the rising disposable income. As part of packaged nutritious goods, both online retailers and traditional food retailers’ websites offer energy bars. The demand for energy bars from online channels is particularly higher from current fitness enthusiasts who are looking for convenience when buying nutritious foods. The increasing sales of energy bars through online retailing have also inspired vendors to sell their products to end-users online, further fuelling the energy bar market growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global energy bar market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- The Kellogg Company
- General Mills, Inc.
- Clif Bar & Company
- Abbott Laboratories
- Quest Nutrition LLC.
- Probar LLC.
- Others
The EMR report gives an in-depth insight into the energy bar market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Nature |
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| Breakup by Distribution Channel |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Energy Bar Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global energy bar market is projected to grow at a CAGR of 4.80% between 2024 and 2032.
The major drivers of the market are growing awareness regarding health and nutrition, increased demand for convenience and packaged food products, rising disposable incomes, increasing demand from developing regions, and growing technological advancements.
The key trends guiding the growth of the energy bar industry include the launch of new flavours and the growing e-commerce industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Organic and conventional are the leading segments based on nature of the product.
The significant distribution channels of the product are supermarket/hypermarket, convenience stores, pharmacies/drug stores, and online retail stores, among others.
The major players in the market are The Kellogg Company, General Mills, Inc., Clif Bar & Company, Abbott Laboratories, Quest Nutrition, LLC, and Probar, LLC, among others.
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