(MENAFN- The Express Wire) Global Energy Bar Market Top Countries Data 2020 Research Reports, Industry Size, In-Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis by By 360 Market Updates
Posted on Aug 14 2020 4:37 AM
"Energy Bar Market 2020 Industry Report analyzed in detail with all the vital data to frame tactical business judgments and propose strategic growth plans. This report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. Energy Bar report provides AN comprehensive study of prime players at intervals the market by lightness their product description, business outline and business strategy. It conjointly endows with amount of production, Energy Bar future demand, needed staple, and also the cash health of the organization.
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Global ' Energy Bar Market Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Energy Bar in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India.Energy Bar Market report categorizes the market based on manufacturers, regions, type, and application. Energy Bar Market reports offer a detailed assessment of the Energy Bar including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Energy Bar market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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The global energy bar market was at USD 5.1 billion in 2017 witnessing a CAGR of 4.9%, during the forecast period, 2018-2023. The global energy bar volume sale is expected to witness a CAGR of 2.7%, during the forecast period. North America surpassed a volume consumption of 180 million Kg of energy bar in 2017 with US the largest market.
The leading countries for Energy Bar consumption are US, Mexico, Japan, and Australia. North America is expected to grow at a faster pace due to high demand for cultured dairy products. Energy Bars are the supplement bars composed of cereals and high energy-providing nutrients such as protein, carbohydrates, vitamins, minerals, and other ingredients, which provide instant energy to the body. Energy bar market includes sports nutrition bars and snack bars designated to meet both daily and sports nutrition needs. Growing demand for functional food, indulgence, meal replacement, on-the-go snacking are various factors fueled the Energy Bar market growth.
On-the-go Snacking and Athleticism on Rise
The penetration of energy bar is higher between the age group of 18-44 years rather than those aged 45 or older. Consumption pattern as a meal replacement or breakfast option to supplement their diet. Rising gym going population to maintain health & fitness globally are more likely to consume nutrition bar. About 30% of the US consumer finds it difficult to prepare healthy meal/breakfast. More than half of UK adult struggle to get time for healthy eating. Consumers are increasingly going health conscious when it comes to bite in between meals. An on-the-go snacking industry, which is a billion dollar market, recorded a growth rate of 10% between 20110-2016. Featuring healthy benefits with convenience and nutritional component while on-the-go snacking fueled the nutrition bar market. Health & Wellness is the key trend driving dietary snack bar consumption pattern. High in energy and fiber content with clean label claim offers potential growth opportunity owing to increased consumer concern for natural ingredients. A company, such as Cliff energy bar targets athletes and gym going population, highlighting energy boosting component of the product.
North America Driving sales
Energy and nutrition bar continued its growth during the forecast period with US and Mexico the largest market. Energy Bar market size in US grew from USD 2.8 billion in 2014 to over USD 3 billion in 2018. The total snack, nutrition, and energy bar sale in US valued at USD 6.2 billion in 2014, rose 30% from 2009-2014. Increased consumer demand for nutritious product and rising clean label claims on product accelerated the market growth in the region. Product launch with various label claim, such as 'no artificial additive, 'high or added fiber and 'reduced sugar achieved strong growth in the past five years. Expensive brands offering product composed of natural and organic ingredient is expected to increase sales. Targeting emerging countries with larger young population, such as China, India is the potential energy bar market opportunity.
Key Developments
• Feb 2018 - Alterra Mountain Company and Clif Bar announced a three-year strategic partnership. The new partnership named Clif Bar as the official energy bar of 11 location. The former company operates recreation, hospitality, real-estate development, food & beverage, and retail businesses
The global Energy Bar market is competitive with large number of existing multinational players. Innovative product launch and clean label ingredients are the various strategy adopted by these players. Private label brands provides tough competition to the existing players with their flavored product offerings.
Major players include - NATURE'S BOUNTY CO., KELLOGG NA CO, GLAXOSMITHKLINE PLC, GENERAL MILLS, INC., CLIF BAR & COMPANY, amongst others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porter's five forces analysis
• Market dynamics, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Kg Million) data for each segment and sub segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,
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The global Energy Bar market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Energy Bar Market Report covers the Top Key-players in 2020:-
- General Mills
- Inc.
- The Kellogg Company
- QuestNutrition LLC
- Probar LLC
- Nutrition
- Inc. (Pureprotein)
- Clif Bar & Company
- The Gatorade Company
- PowerBar
- Inc.
- Abbott Nutrition Manufacturing Inc
- Hormel Foods Corporation
- Glaxosmithkline Plc
- Nature's bounty Co.
Highlighted points of Energy Bar Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
Inquire more and share questions if any before the purchase on this report @ [To enable links contact MENAFN]
This Energy Bar Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Energy Bar? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Energy Bar Market? What's Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Energy Bar Market? What Was Capacity, Production Value, Cost and PROFIT of Energy Bar Market?
- What Is Current Market Status of Energy Bar Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Energy Bar Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Energy Bar Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Energy Bar Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Energy Bar Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Energy Bar Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Energy Bar Industry?
Key Developments in the Energy Bar Market:
- Feb 2018 - Alterra Mountain Company and Clif Bar announced a three-year strategic partnership. The new partnership named Clif Bar as the official energy bar of 11 location. The former company operates recreation, hospitality, real-estate development, food & beverage, and retail businesses
The global Energy Bar market is competitive with large number of existing multinational players. Innovative product launch and clean label ingredients are the various strategy adopted by these players.Private label brands provides tough competition to the existing players with their flavored product offerings.
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Reasons to Purchase this Report
- Analyzing outlook of the market with the recent trends and Porter's five forces analysis
- Market dynamics, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Kg Million) data for each segment and sub segment
- Distribution Channel sales Analysis by Value
- Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet in excel
Purchase this report (Price 4250 USD for a single-user license) @ [To enable links contact MENAFN]
Finally, the report Global Energy Bar Market 2020 describes the Energy Bar industry expansion game plan, the Energy Bar industry knowledge supply, appendix, analysis findings, and the conclusion.
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