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Nutritional Bar Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989010

Nutritional Bar Trends and Forecast

The future of the global nutritional bar market looks promising with opportunities in the store-based and non store-based markets. The global nutritional bar market is expected to reach an estimated $8.8 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing desire for convenient and healthful snacks, growing need for nutrient rich convenient food, and rising popularity of plant-based and vegan diets.

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Nutritional Bar by Segment

The study includes a forecast for the global nutritional bar by type, flavor, distribution channel, and region.

Nutritional Bar Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Protein Bars
  • Snack Bars
  • Whole Foods Car
  • Meal Replacement Card
  • Others

Nutritional Bar Market by Flavor [Shipment Analysis by Value from 2018 to 2030]:

  • Chocolate
  • Peanut Butter
  • Fruits
  • Spices
  • Others

Nutritional Bar Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Store-Based
  • Non-Store-Based

Nutritional Bar Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Nutritional Bar Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nutritional bar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nutritional bar companies profiled in this report include:
  • Atkins Nutritionals
  • Clif Bar & Company
  • General Mills
  • Kellogg
  • Kashi Company
  • Quaker Oats Company
  • Mars

Nutritional Bar Market Insights

The publisher forecasts that protein bar will remain the largest segment over the forecast period.

Within this market, store-based will remain larger segment over the forecast period.

APAC is expected to witness the highest growth over the forecast period.

Features of the Global Nutritional Bar Market

  • Market Size Estimates: Nutritional bar market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Nutritional bar market size by type, flavor, distribution channel, and region in terms of value ($B).
  • Regional Analysis: Nutritional bar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, flavors, distribution channels, and regions for the nutritional bar market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nutritional bar market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the nutritional bar market size?
Answer: The global nutritional bar market is expected to reach an estimated $8.8 billion by 2030.

Q2. What is the growth forecast for nutritional bar market?
Answer: The global nutritional bar market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the nutritional bar market?
Answer: The major drivers for this market are increasing desire for convenient and healthful snacks, growing need for nutrient rich convenient food, and rising popularity of plant-based and vegan diets.

Q4. What are the major segments for nutritional bar market?
Answer: The future of the nutritional bar market looks promising with opportunities in the store-based and non store-based markets.

Q5. Who are the key nutritional bar market companies?
Answer: Some of the key nutritional bar companies are as follows:
  • Atkins Nutritionals
  • Clif Bar & Company
  • General Mills
  • Kellogg
  • Kashi Company
  • Quaker Oats Company
  • Mars
Q6. Which nutritional bar market segment will be the largest in future?
Answer: The publisher forecasts that protein bar will remain the largest segment over the forecast period.

Q7. In nutritional bar market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the nutritional bar market by type (protein bars, snack bars, whole foods car, meal replacement card, and others), flavor (chocolate, peanut butter, fruits, spices, and others), distribution channel (store-based and non-store-based), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Nutritional Bar Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Nutritional Bar Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Nutritional Bar Market by Type
3.3.1: Protein Bars
3.3.2: Snack Bars
3.3.3: Whole Foods Car
3.3.4: Meal Replacement Card
3.3.5: Others
3.4: Global Nutritional Bar Market by Flavor
3.4.1: Chocolate
3.4.2: Peanut Butter
3.4.3: Fruits
3.4.4: Spices
3.4.5: Others
3.5: Global Nutritional Bar Market by Distribution Channel
3.5.1: Store-Based
3.5.2: Non-Store-Based
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Nutritional Bar Market by Region
4.2: North American Nutritional Bar Market
4.2.1: North American Nutritional Bar Market by Type: Protein Bars, Snack Bars, Whole Foods Car, Meal Replacement Card, and Others
4.2.2: North American Nutritional Bar Market by Flavor: Chocolate, Peanut Butter, Fruits, Spices, and Others
4.3: European Nutritional Bar Market
4.3.1: European Nutritional Bar Market by Type: Protein Bars, Snack Bars, Whole Foods Car, Meal Replacement Card, and Others
4.3.2: European Nutritional Bar Market by Flavor: Chocolate, Peanut Butter, Fruits, Spices, and Others
4.4: APAC Nutritional Bar Market
4.4.1: APAC Nutritional Bar Market by Type: Protein Bars, Snack Bars, Whole Foods Car, Meal Replacement Card, and Others
4.4.2: APAC Nutritional Bar Market by Flavor: Chocolate, Peanut Butter, Fruits, Spices, and Others
4.5: ROW Nutritional Bar Market
4.5.1: ROW Nutritional Bar Market by Type: Protein Bars, Snack Bars, Whole Foods Car, Meal Replacement Card, and Others
4.5.2: ROW Nutritional Bar Market by Flavor: Chocolate, Peanut Butter, Fruits, Spices, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Nutritional Bar Market by Type
6.1.2: Growth Opportunities for the Global Nutritional Bar Market by Flavor
6.1.3: Growth Opportunities for the Global Nutritional Bar Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Nutritional Bar Market by Region
6.2: Emerging Trends in the Global Nutritional Bar Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Nutritional Bar Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Nutritional Bar Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Atkins Nutritionals
7.2: Clif Bar & Company
7.3: General Mills
7.4: Kellogg
7.5: Kashi Company
7.6: Quaker Oats Company
7.7: Mars

Companies Mentioned

  • Atkins Nutritionals
  • Clif Bar & Company
  • General Mills
  • Kellogg
  • Kashi Company
  • Quaker Oats Company
  • Mars

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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