Protein Bars Market Share, Trend, Size, Growth, Key Players Profile and Business Prospect

Protein Bars Market Research Report– Forecast till 2023

Global Protein Bars Market Analysis, Future Growth, Business Prospects and Forecast to 2023

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Copyright Š 2017 Market Research Future.

Protein Bars Market Research Report– Forecast till 2023

1 Summary Global protein bars market research report: information by source (plant and animal protein), flavor (chocolates, fruits, peanut butter, savory, spices, and others), distribution channel (store based and non-store based), by region – Forecast till 2023

Key Players: Some of the key players profiled in the global protein bar market are Atkins Nutritionals, Inc. (U.S.), Clif Bar & Company. (U.S.), General Mills Inc. (U.S.), Kellogg Co. (U.S.), Premier Nutrition (U.S.), Lenny & Larry's Incorporated (U.S.), Mars Incorporated (U.S.), Quest Nutrition (U.S.), Caveman Foods LLC (U.S.), Abbott Nutrition Manufacturing Inc. (U.S.)

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Copyright © 2017 Market Research Future.

Protein Bars Market Research Report– Forecast till 2023

2 Market Overview Protein Bars are nutritional bars, enriched with the high protein content & fortified with a range of vitamins and minerals. Recently, Protein bars are creating quite a buzz in the market, escalating its market to booming heights on the global platform. Evidently, consumers’ inclination towards the convenience food is the key factor driving the market growth predominantly.

People nowadays are increasingly becoming health conscious owing to the awareness towards the benefits of good health. When it comes to the food, whether it is snacks or meal, they wisely choose the food with the most nutritional value, suiting to their palates, physical requirements & to their pockets. Besides, owing to a general perception of maintaining a better health coupled with a current trend of consumption of ‘free from ___’ products is increasing uptake of Protein Bars worldwide fueling its market growth constantly.

Furthermore, other benefits that Protein Bars provide, such as availability of varieties & in various flavors along with the fact that it is a healthy option to substitute a meal; is widening its popularity & hence its uptake worldwide.

Leverage to the heady lifestyle today, the growing working population is increasingly depending upon Protein Bars, substituting for a proper meal or to get a quick energy boost.

Intended Audience:

Chocolate industry Protein processing industry Retailer, wholesaler, and distributor E-commerce industry Traders, importers, and exporters

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Protein Bars Market Research Report– Forecast till 2023

3 Sample Pages Segments:

Protein bars market is segmented on the basis of type such as plant protein and animal protein. Among them, the plant protein segment is anticipated to gain substantial growth over the coming years due to increasing demand for gluten-free plant sources among the population suffering from celiac diseases.

On the basis of flavors, protein bars are segmented such as chocolates, fruits, peanut butter, savory, spices, and others. The chocolate segment is witnessed to be dominating among others. However, the fruits and peanut butter segments are expected to have a steady growth over the forecast period.

Based on the distribution channel, protein bars are segmented as store based and non-store based. Protein bars are, however, mainly sold through store based distribution channel among which grocery wholesalers and retail stores are the major contributors.

Regional Analysis:

Globally, North America dominates the market for Protein Bars with the largest market share. This growth attributes to America’s largest market backed by the high per capita income coupled with the inclination towards easy to carry, convenience foods.

Attributing to the growing markets for Protein Bars in the region, Europe accounts for the second-largest market. Besides factors such as high disposal income & increasing health eccentric populace coupled with the influence of media industry provide impetus to the regional market growth.

Asia Pacific region is expected to be the fastest growing region for Protein Bars. Attributing to the improving economic conditions in countries like India & China, the market is expected to grow with a phenomenal CAGR during the assessment period.

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Copyright Š 2017 Market Research Future.

Protein Bars Market Research Report– Forecast till 2023

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Copyright Š 2017 Market Research Future.