Energy Bar

Energy Bar Market Research Report: Forecast (2023-2028)

By Type (Protein Bar, Nutrition Bar, Cereal Bar, Fiber Bar), By Nature (Organic, Conventional), By Distribution Channel (Hypermarket & Supermarket, Convenience Stores, Speciality Stores, Online Sales Read more

  • Food & Beverages
  • Nov 2022
  • 191
  • FB55028

Market Definition

Energy bars are supplement bars that offer energy, along with nutritional value and food benefits. These bars are a perfect replacement for meals as they are enriched with proteins, carbohydrates, and fats. The protein and added carbohydrates in the bar act as energy boosters during a workout or training. It also supplies post-workout nutrition to build new muscle tissue and repair any minor muscle tears that occur during the workout sessions.

Market Insights

The Global Energy Bar Market is projected to grow at a CAGR of around 5.6% during the forecast period, i.e., 2023-28. The market is primarily driven by increased expenditure on food and beverage, growing health consciousness, substantial shifts in meal patterns & existing food habits, and predominantly the shifting taste preferences worldwide. Developed countries like the USA have demonstrated the maximum adoption of these bars. In fact, more than half the population here is already snacking on the bars, with many of them subconsciously upscaling their average consumption of the energy bars.

 

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 5.6%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Egypt, Rest of MEA
Key Companies Profiled Brighter Foods Ltd, Clif Bar & Company, General Mills, Inc., Kind LLC, McKee Foods Corporation, NuGo Nutrition, Premier Nutrition Inc., Probar LLC, Quest Nutrition, The Kellong Company, Others.
Unit Denominations USD Million/Billion

 

Further, the energy bar industry has witnessed swift growth in the historical period due to the increasing trends for on-the-go snacking. Another prominent factor propelling the market ascension is the mushrooming of health clubs and fitness centers across major cities owing to the gradual lifestyle upgradation and escalating health concerns. These aspects have paved the way for more sports nutrition products to surface in stores, thereby enthralling market expansion in the coming years.

Key Trends in the Market

  • A Considerable Population Share Turning Vegan Worldwide

With a growing propensity for plant-based products owing to the trending veganism in the Western region, the demand for clean-label energy bars has soared in recent years and is expected to prevail in the same trend in the coming years. As per a survey run by supermarket chain Veganz in 2020, the vegan population in the European region has duplicated to 2.6 million from 1.3 million, accounting for around 3.2% of the population. This aspect is expected to put forth a suitable stage for the market players to showcase their potential and come up with more plant-based energy bars in the coming years.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Energy Bar Market Porters Five Forces Analysis
  5. Global Energy Bar Market Trends & Insights
  6. Global Energy Bar Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Energy Bar Market Growth Opportunities & Hotspots
  8. Global Energy Bar Market Policy & Regulations
  9. Global Energy Bar Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
        1. Protein Bar
        2. Nutrition Bar
        3. Cereal Bar
        4. Fiber Bar
      2. By Nature
        1. Organic
        2. Conventional
      3. By Distribution Channel
        1. Hypermarket & Supermarket
        2. Convenience Stores
        3. Speciality Stores
        4. Online Sales Channel
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Market Share
        2. Competition Characteristics
  10. North America Energy Bar Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
      2. By Nature
      3. By Distribution Channel
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    4. Canada Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    5. Mexico Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
  11. South America Energy Bar Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
      2. By Nature
      3. By Distribution Channel
      4. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    4. Argentina Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
  12. Europe Energy Bar Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
      2. By Nature
      3. By Distribution Channel
      4. By Country
        1. The UK
        2. Germany
        3. Italy
        4. France
        5. Spain
        6. Rest of Europe
    3. The UK Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    4. Germany Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    5. Italy Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    6. France Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    7. Spain Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
  13. The Middle East & Africa Energy Bar Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
      2. By Nature
      3. By Distribution Channel
      4. By Country
        1. GCC
        2. South Africa
        3. Rest of the Middle East & Africa
    3. GCC Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    4. South Africa Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
  14. Asia-Pacific Energy Bar Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
      2. By Nature
      3. By Distribution Channel
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of Asia-Pacific
    3. China Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    4. India Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    5. Japan Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    6. South Korea Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
    7. Australia Energy Bar Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Nature
        2. By Distribution Channel
  15. Global Energy Bar Market Key Strategic Imperatives for Success & Growth
  16. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc)
      1. Brighter Foods Ltd
      2. Clif Bar & Company
      3. General Mills, Inc.
      4. Kind LLC
      5. McKee Foods Corporation
      6. NuGo Nutrition
      7. Premier Nutrition Inc.
      8. Probar LLC
      9. Quest Nutrition
      10. The Kellong Company
      11. Others
  17. Disclaimer
Energy Bar Market Segmentation Slide
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