Snack Bars - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Snack Bars Market is accounted for $21.88 billion in 2019 and is expected to reach $42.34 billion by 2027 growing at a CAGR of 8.6% during the forecast period. Increasing awareness about health and fitness and resultant predilection for healthy snack products are the major factors propelling market growth. However, high initial investments and marketing costs are restraining the growth of the market.
Snack bars are nourishing and high-calorie content which is frivolous and easy to carry well-liked snack food. The snack bars are often collective with corn or honey syrup and are condensed to form a bar that makes it easy to carry packed lunches, hiking, or other outdoor activities. Various prominent flavor components for plant-based snack bars include beet, spirulina, peanut butter, orange, brownie, and red berry.
Based on the distribution channel, the supermarkets/hypermarkets segment is likely to have a huge demand due to the growth of the organized retail sector; moreover, shelf spacing is growing which is likely to provide well-built visibility and accessibility of customer products. Attractive box packaging and discounts offered by these stores are also likely to contribute to the segment growth.
By geography, North America is estimated to have a lucrative growth due to the command for healthy foods. Snack and cereal bar manufacturers in the region are effectively gathering the increasing consumer demand for nutritious dietary snacks. Due to the high competition in the snack bars market in North America, manufacturers are launching variants of snack bars to differentiate their products in the market.
Some of the key players profiled in the Snack Bars Market include Associated British Foods, Cliff Bar and Company, General Mills, Halo Foods, KIND Snacks, Mars Inc., Nestle SA, PepsiCo, Post Holdings, The Kellogg Company, Nature Valley, Alpen and Jordan, Quaker Oats, Earnest Eats, and Oriole Healthy Foods.
Products Covered:
• Breakfast Bars
• Energy and Nutrition Bars
• Fruit Bars
• Cereal Bars
Types Covered:
• Vegetarian Protein Bars
• Gluten Free Protein Bars
Distribution Channels Covered:
• Offline Distribution
• Online Distribution
Ingredients Covered:
• Dried Fruits
• Nuts
• Whole Grains
Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider
Applications Covered:
• Adult Female
• Adult Male
• Youth
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Snack Bars Market, By Product
5.1 Introduction
5.2 Breakfast Bars
5.3 Energy and Nutrition Bars
5.4 Fruit Bars
5.5 Cereal Bars
5.5.1 Granola/Muesli Bars
6 Global Snack Bars Market, By Type
6.1 Introduction
6.2 Vegetarian Protein Bars
6.3 Gluten Free Protein Bars
7 Global Snack Bars Market, By Distribution Channel
7.1 Introduction
7.2 Offline Distribution
7.2.1 Convenience Stores
7.2.2 Supermarkets/Hypermarket
7.2.3 Retail Stores
7.2.4 Department Store
7.2.5 E commerce
7.2.6 Specialty Stores
7.3 Online Distribution
8 Global Snack Bars Market, By Ingredients
8.1 Introduction
8.2 Dried Fruits
8.3 Nuts
8.4 Whole Grains
9 Global Snack Bars Market, By Sales Channel
9.1 Introduction
9.2 Aftermarket
9.3 Manufacturer/Distributor/Service Provider
10 Global Snack Bars Market, By Application
10.1 Introduction
10.2 Adult Female
10.3 Adult Male
10.4 Youth
11 Global Snack Bars Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Associated British Foods
13.2 Cliff Bar and Company
13.3 General Mills
13.4 Halo Foods
13.5 KIND Snacks
13.6 Mars Inc.
13.7 Nestle SA
13.8 PepsiCo
13.9 Post Holdings
13.10 The Kellogg Company
13.11 Nature Valley
13.12 Alpen and Jordan
13.13 Quaker Oats
13.14 Earnest Eats
13.15 Oriole Healthy Foods
List of Tables
1 Global Snack Bars Market Outlook, By Region (2018-2027) ($MN)
2 Global Snack Bars Market Outlook, By Product (2018-2027) ($MN)
3 Global Snack Bars Market Outlook, By Breakfast Bars (2018-2027) ($MN)
4 Global Snack Bars Market Outlook, By Energy and Nutrition Bars (2018-2027) ($MN)
5 Global Snack Bars Market Outlook, By Fruit Bars (2018-2027) ($MN)
6 Global Snack Bars Market Outlook, By Cereal Bars (2018-2027) ($MN)
7 Global Snack Bars Market Outlook, By Granola/Muesli Bars (2018-2027) ($MN)
8 Global Snack Bars Market Outlook, By Type (2018-2027) ($MN)
9 Global Snack Bars Market Outlook, By Vegetarian Protein Bars (2018-2027) ($MN)
10 Global Snack Bars Market Outlook, By Gluten Free Protein Bars (2018-2027) ($MN)
11 Global Snack Bars Market Outlook, By Distribution Channel (2018-2027) ($MN)
12 Global Snack Bars Market Outlook, By Offline Distribution (2018-2027) ($MN)
13 Global Snack Bars Market Outlook, By Convenience Stores (2018-2027) ($MN)
14 Global Snack Bars Market Outlook, By Supermarkets/Hypermarket (2018-2027) ($MN)
15 Global Snack Bars Market Outlook, By Retail Stores (2018-2027) ($MN)
16 Global Snack Bars Market Outlook, By Department Store (2018-2027) ($MN)
17 Global Snack Bars Market Outlook, By E commerce (2018-2027) ($MN)
18 Global Snack Bars Market Outlook, By Specialty Stores (2018-2027) ($MN)
19 Global Snack Bars Market Outlook, By Online Distribution (2018-2027) ($MN)
20 Global Snack Bars Market Outlook, By Ingredients (2018-2027) ($MN)
21 Global Snack Bars Market Outlook, By Dried Fruits (2018-2027) ($MN)
22 Global Snack Bars Market Outlook, By Nuts (2018-2027) ($MN)
23 Global Snack Bars Market Outlook, By Whole Grains (2018-2027) ($MN)
24 Global Snack Bars Market Outlook, By Sales Channel (2018-2027) ($MN)
25 Global Snack Bars Market Outlook, By Aftermarket (2018-2027) ($MN)
26 Global Snack Bars Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
27 Global Snack Bars Market Outlook, By Application (2018-2027) ($MN)
28 Global Snack Bars Market Outlook, By Adult Female (2018-2027) ($MN)
29 Global Snack Bars Market Outlook, By Adult Male (2018-2027) ($MN)
30 Global Snack Bars Market Outlook, By Youth (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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