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Nutritional Bars Market Insights 2017-2023 | Health & Wellness Awareness and Trend Boosting the Industry Growth at Global Stage
Nutritional Bar Market Research Report: Information by Type (Protein Bars, Meal-Replacement Bars, Snacks Bars, Whole Food Bars), Flavor (Chocolates, Fruits, Peanut Butter, Savory, Spices), Distribution Channel and Region– Forecast till 2023
Published 09 February 2018
Nutritional Bars Market – Overview
Due to increasing inclination of consumers towards health and wellness trend, the market for nutritional bars is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Nutritional Bars Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Nutritional bars contain lot of vitamins, minerals, and calcium and therefore are healthy alternative to meal for athletes as well as for people with hectic and busy schedule. They are pre-portioned and ready to eat product. They come in convenient packaging and are easy to carry which makes them travel friendly as well. The product contains several ingredients including cereals such as oats and barley which makes them a good source of fiber as well, thereby spiking the market growth.
With the rising disposable income, consumer’s willingness towards purchase of quality products have increased. Distinctive texture & flavor and health benefits of nutritional bars has spur the market demand. Manufacturers are investing in flavor innovation and offering products in variety of flavors such as chocolate, vanilla, coconut, almond, and peanut butter among others. However, the product usually contains high calories which suits the requirements of athletes and other highly active people, however high consumption of the product might not be suitable for people who do not have very active lifestyle as the product may lead to weight gain, thereby acting as a hindrance for the growth of the market.
Get Sample Copy of Nutritional Bars Market Report @ https://www.marketresearchfuture.com/sample_request/4867
Latest Industry Updates
Jan 2018 Kind Healthy Snacks launched protein bar line in four flavors; crunchy peanut butter, white chocolate cinnamon almond, toasted caramel nut, and double dark chocolate nut. Through this product launch, the company aims to enter nutritional bars market which is growing at a significant pace.
Apr 2017 Mars launched Bounty Protein Bar in the UK market. The bar include 19g of protein and 200 calories. Through this product launch, the company aims to capitalize on growing demand for high-protein foods.
Mar 2017 Ona launched functional fuel plant protein bars with probiotics at an event in US. The product comes in variety of flavors including chocolate, almond coconut, and ancient energy varieties.
May 2016 Mars launched two protein bars under its Snickers and Mars brand. The products contains 19g of protein and 200 calories.
Global Nutritional Bars Market - Competitive Analysis
Nutritional bar market offers huge growth opportunities for the market players. Companies indulge in competition and focusing on sourcing quality ingredients and efficiency in production & distribution. Market players are extensively investing on R&D and marketing activities to leverage on current market trends. With companies aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.
The key players profiled in nutritional bars are Atkins Nutritionals, Inc. (U.S.), Clif Bar & Company. (U.S.), General Mills Inc. (U.S.), Kellogg Co. (U.S.), Kashi Company (U.S.), Quaker Oats Company (U.S.), Mars Incorporated (U.S.), Premium Nutrition Corporation (U.S.), Carman’s Fine Food (Australia), and Makers Nutrition, LLC (U.S.) among many others.
Nutritional Bars Market – Segments
The global nutritional bar market has been divided into type, flavor, distribution channel, and region.
The global nutritional bars market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Asia Pacific is one of the most prominent markets for nutritional bars and is expected to be the fastest growing market over the forecast period. India and China are the major contributors to the nutritional bars market in Asia Pacific. The growing population and the increasing number of health-conscious individuals is driving the market in this region. In North America, the U.S. holds the major share of nutritional bars market. Moreover, growing health awareness will drive the nutritional bars market in the European market as well. Additionally, continuous innovations will positively impact the market in rest of the world.
Read more about Report @ https://www.marketresearchfuture.com/reports/nutritional-bar-market-4867
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Due to increasing inclination of consumers towards health and wellness trend, the market for nutritional bars is growing at an incremental pace of development on the global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Nutritional Bars Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Nutritional bars contain lot of vitamins, minerals, and calcium and therefore are healthy alternative to meal for athletes as well as for people with hectic and busy schedule. They are pre-portioned and ready to eat product. They come in convenient packaging and are easy to carry which makes them travel friendly as well. The product contains several ingredients including cereals such as oats and barley which makes them a good source of fiber as well, thereby spiking the market growth.
With the rising disposable income, consumer’s willingness towards purchase of quality products have increased. Distinctive texture & flavor and health benefits of nutritional bars has spur the market demand. Manufacturers are investing in flavor innovation and offering products in variety of flavors such as chocolate, vanilla, coconut, almond, and peanut butter among others. However, the product usually contains high calories which suits the requirements of athletes and other highly active people, however high consumption of the product might not be suitable for people who do not have very active lifestyle as the product may lead to weight gain, thereby acting as a hindrance for the growth of the market.
Get Sample Copy of Nutritional Bars Market Report @ https://www.marketresearchfuture.com/sample_request/4867
Latest Industry Updates
Jan 2018 Kind Healthy Snacks launched protein bar line in four flavors; crunchy peanut butter, white chocolate cinnamon almond, toasted caramel nut, and double dark chocolate nut. Through this product launch, the company aims to enter nutritional bars market which is growing at a significant pace.
Apr 2017 Mars launched Bounty Protein Bar in the UK market. The bar include 19g of protein and 200 calories. Through this product launch, the company aims to capitalize on growing demand for high-protein foods.
Mar 2017 Ona launched functional fuel plant protein bars with probiotics at an event in US. The product comes in variety of flavors including chocolate, almond coconut, and ancient energy varieties.
May 2016 Mars launched two protein bars under its Snickers and Mars brand. The products contains 19g of protein and 200 calories.
Global Nutritional Bars Market - Competitive Analysis
Nutritional bar market offers huge growth opportunities for the market players. Companies indulge in competition and focusing on sourcing quality ingredients and efficiency in production & distribution. Market players are extensively investing on R&D and marketing activities to leverage on current market trends. With companies aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.
The key players profiled in nutritional bars are Atkins Nutritionals, Inc. (U.S.), Clif Bar & Company. (U.S.), General Mills Inc. (U.S.), Kellogg Co. (U.S.), Kashi Company (U.S.), Quaker Oats Company (U.S.), Mars Incorporated (U.S.), Premium Nutrition Corporation (U.S.), Carman’s Fine Food (Australia), and Makers Nutrition, LLC (U.S.) among many others.
Nutritional Bars Market – Segments
The global nutritional bar market has been divided into type, flavor, distribution channel, and region.
- On The Basis Of Type: Protein Bars, Meal Replacement Bars, Snacks Bars, Whole Food Bars, and Others
- On The Basis Of Flavor: Chocolates, Fruit & Nut, Spices, and Others
- On The Basis Of Distribution Channel: Store based, and Non-store based
- On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.
The global nutritional bars market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Asia Pacific is one of the most prominent markets for nutritional bars and is expected to be the fastest growing market over the forecast period. India and China are the major contributors to the nutritional bars market in Asia Pacific. The growing population and the increasing number of health-conscious individuals is driving the market in this region. In North America, the U.S. holds the major share of nutritional bars market. Moreover, growing health awareness will drive the nutritional bars market in the European market as well. Additionally, continuous innovations will positively impact the market in rest of the world.
Read more about Report @ https://www.marketresearchfuture.com/reports/nutritional-bar-market-4867
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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