Nutritional/Functional Bars Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Nutritional/Functional Bars Market by region.
Global Nutritional/Functional Bars Market is valued at approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Nutritional/Functional Bars are supplemented bars consisting of energy foods and cereals. The nutrition bars offer quick energy or work as a meal replacement. It helps to increase muscle mass and keeps fat off by providing various types of protein, carbohydrates, and fats. The Nutritional/Functional Bars market is expanding because of factors such as the rising demand for healthy and nutrition-rich products & growing millennial population in the forecast period.
According to Statista in 2022, the global health and wellness food market was valued at around USD 841 billion. And by 2026, the market is projected to rise to USD 1 trillion. With the rising demand for a healthy & nutritious diet, the market is expected to grow. Whereas the rising sports nutrition industry and growing R&D activities by market players create lucrative opportunities for the market. However, the threat of substitutes hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Nutritional/Functional Bars Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for nutrition bars, growing public awareness of nutritious and healthy diets, and increasing sports industry. Whereas North America is expected to grow with the highest CAGRduring the forecast period, owing to factors such as increasing spending towards personal health care, and growing R&D activities by market players in the forecast period.
Major market players included in this report are:
- Glanbia Plc.
- Nutrition & Sante SAS
- Atlantic Grupa D.D.
- B.V. Vurense Snack Industrie
- Artenay Bars
- Leader Foods OY
- Prinsen Food Group B.V.
- SternLife GmbH & Co. KG
- anona GmbH
- Halo Foods Ltd.
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Recent Developments in the Market:
In June 2017, Prinsen Food Group B.V. has acquired Gustav Berning a German company that is the largest producer of high-quality protein food bars across Europe. With this acquisition, both companies will expand the range of active nutrition product range.
In January 2017 SternLife GmbH & Co. KG launched vegan organic bars. These bars are available in two flavors spicy lemon with chilli and ginger & cocoa with superfood hempseed. This new product launch majorly targets sports person and athletes.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Fiber bars,
Protein Bars,
Others
By Nature:
Gluten-Free,
Non-GMO Free,
Others
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By Distribution Channel:
Hypermarket/Supermarket,
Convenience Stores,
Specialty Stores,
Online sales Channel,
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Nutritional/Functional Bars Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Nutritional/Functional Bars market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Nutritional/Functional Bars market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Nutritional/Functional Bars market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Nutritional/Functional Bars Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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