Nutrition Bars Market Analysis

  • Report ID: 6799
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Nutrition Bars Market Analysis

Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online Retail)

By distribution channel, the specialty stores segment is expected to capture over 48% nutrition bars market share by 2037. The segment is growing due to its ability to offer curated, high-quality products tailored to specific dietary needs. These bars, rich in protein, fiber, and essential vitamins, offer a quick and healthy snack alternative for busy lifestyles. Stores often provide personalized customer service and expert advice, attracting health-conscious consumers, looking for a faster solution. Additionally, specialty stores create a focused shopping experience with a premium feel, showcasing niche and innovative brands that are not always available in supermarkets or online, driving customer loyalty and repeat purchases.

Product Type (Cereal/Granola Bars, Protein Bars, Energy Bars/ Meal Replacements Bars, Fruits & Nuts Bars)

Based on product type, the protein bars segment is set to hold the majority revenue share in the global nutrition bars market due to their high demand among fitness enthusiasts, athletes, and health-conscious consumers. These bars are valued for their ability to support muscle recovery, weight management, and sustained energy. The growing trend of active lifestyles and increasing awareness of the benefits of protein-rich diets further drive their popularity. Additionally, ongoing innovations in flavors and formulations, such as vegan protein options, enhance their market appeal due to their increased nutrition offering. According to the NLM report published in September 2023, vegan protein bars consist of 236 g of protein content, making it a preferable choice for good energy sources for people.

Our in-depth analysis of the global nutrition bars market includes the following segments:

Distribution Channel

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Online Retail
  • Others

Product Type

  • Cereal/Granola Bars
  •  Protein Bars
  • Energy Bars/ Meal Replacements Bars
  • Fruits & Nuts Bars

Category

  • Gluten-free
  • Conventional
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 6799
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the nutrition bars market was over USD 7.6 billion.

The market size for the nutrition bars market is projected to reach USD 14.7 billion by the end of 2037 expanding at a CAGR of 5.7 % during the forecast period i.e., between 2025-2037.

The major players in the market are BASF SE, Ajinomoto Co. Inc., Cargill Incorporated, Mondelez International, Glanbia Plc, and others.

In terms of distribution channel segment, the specialty stores segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest market share of 29% by the end of 2037 and provide more business opportunities in the future.
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