Nutrition Bar Market Size, Share, and Trends by Product (Protein Bar, Energy Bar), by Nature (Conventional, Organic), by Packaging (Wrapper, Boxes), by Distribution Channel (Online, Offline), And by Geography – Forecast From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061612748
- Pages : 142
The nutrition bar market is projected to grow at a CAGR of 4.95% between 2025 to 2030.
Nutrition Bar refers to protein or energy bars that have high protein content and include other nutrients as well. The changing lifestyle along with rapid urbanization is expected to be a key driver for the nutrition bars market. The low availability of time owing to a hectic work schedule is a reason for changing lifestyle and eating habits. In addition, the inclination towards sports along with the budding sports industry is anticipated to fuel the market for nutrition bars in the upcoming years. Moreover, the rising number of obesity cases along with the growing consumption of health supplements is estimated to push the market for nutrition bars further.
The market has been segmented on the basis of type, nature, packaging, distribution channel, and geography. In the type segment, the protein bar segment is expected to hold a significant share in the market during the forecast period owing to the increasing awareness regarding the protein needs of the body along with other benefits associated with protein. Geographically, the Asia Pacific region is projected to grow at a substantial rate on account of rapid urbanization along with rising disposable income in countries like India and China. Further, changing lifestyles and inclination toward fitness are also anticipated to be a contributing factor to the growth of nutrition bars in the Asia Pacific region.
DRIVERS
Rising health consciousness
Changing lifestyle and eating habits.
RESTRAINT
Presence of alternatives.
INDUSTRY UPDATE
In January 2018, The Nature’s Bounty Co. acquired The Best Bar Ever with an aim to expand its nutrition bars portfolio to its sports and nutrition products.
In April 2017, Cyto Sport Inc. launched a new line of protein bars.
The major players profiled in the nutrition bar market include Abbott Nutrition, Hormel Foods Corporation, Quest Nutrition, Mars, General Mills Inc., Caveman Foods, Atkins Nutritional Inc., Kellogg NA Co., Gatorade (PepsiCo).
Segmentation
The nutrition bar market has been analyzed through the following segments:
- By Product
- Protein Bar
- Energy Bar
- By Nature
- Conventional
- Organic
- By Packaging
- Wrapper
- Boxes
- By Distribution Channel
- Online
- Offline
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Others
- Middle East and Africa
- Israel
- South Africa
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
- North America
Abbott Nutrition
Hormel Foods Corporation
Quest Nutrition
Mars
General Mills Inc.
Atkins Nutritional Inc.
Kellogg NA Co.
Gatorade (PepsiCo)
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