Snack Bar Market Size 2022-27: Share, Growth, Industry Trends, Opportunity and Forecast

  According to the latest report by IMARC Group, titled “Snack Bar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global snack bar market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global snack bar market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

Snack bars refer to light-weight, rectangular and small bars consisting of nuts, cereals, fruits, and flavored ingredients. They contain bioactive compounds, dietary fibers and high-calorie content, and provide instant energy and protein. Due to their high nutritional value, snack bars are widely consumed as a meal replacement worldwide.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Snack Bar Market Trends and Drivers:

One of the primary factors driving the market is the shifting preferences of consumers from animal protein to vegan protein sources and the surging demand for convenient snacking options. Additionally, the rising number of sportsmen and athletes, and the rising health awareness among individuals, are propelling the market growth. 

Besides this, due to the increasing health consciousness, several leading manufacturers have introduced snack bars with innovative flavors and ingredients, which is catalyzing the market growth. 

Moreover, the launch of consumer-targeted products, rapid urbanization and the extensive research and development (R&D) activities are some of the other factors that are expected to create a positive market outlook in the upcoming years. 

Snack Bar Market Report Scope
Report Coverage	Details
Historical data	2021
Market forecast in 2027	2016-2021
Forecast period	2022-2027

Global Snack Bar Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Abbott Laboratories, Associated British Foods plc, Clif Bar & Company, General Mills Inc., Halo Foods Ltd., Mars Incorporated, Nestlé S.A., Ocado Retail Limited, PepsiCo Inc., The Hain Celestial Group Inc., The Kellogg Company and The Simply Good Foods Company. 

The report has segmented the market on the basis of region, product type, ingredient and distribution channel.

Breakup by Product Type:

• Cereal Bars

o Granola/Muesli Bars

o Others

• Energy and Nutrition Bars

• Others

Breakup by Ingredient:

• Nuts

• Whole Grains

• Dried Fruits

• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets

• Convenience Stores

• Specialty Stores

• Online Stores

• Others

Breakup by Region:

• North America: (United States, Canada)

• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America: (Brazil, Mexico, Others)

• Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

• Market Performance (2016-2021)

• Market Outlook (2022- 2027)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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