Global Energy Bar Market to be Driven by Increasing Consumer Demand for Quick, On-The-Go Healthy Snack Options in the Forecast Period of 2021-2026
The new report by Expert Market Research titled, ‘Global Energy Bar Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026’, gives an in-depth analysis of global energy bar market, assessing the market based on nature, distribution channel and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/energy-bar-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 8%
The increasing demand for energy bars has led to different kinds of product innovations and increased use of healthy ingredients to satisfy a range of consumer requirements. Adding labels such as gluten-free, vegan, low-fat, low-calorie, no added sugar and sweeteners to these bars drives market growth.
Industry Definition and Major Segments
Energy bars are bars that provide energy, nutritional value and food benefits. They contain carbohydrates, fats and proteins that help provide immediate energy and are often used as meal replacements. The protein and added carbohydrates in the bar can provide energy through workout or training. It also provides the post-workout nutrition the body needs to build new muscle tissue and repair any minor tears occurring during the workout.
Based on its nature, the energy bar market can be divided into:
- Organic
- Conventional
The distributional channels in the industry can be segmented into:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialist Retailers
- Online Retail
Others The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/energy-bar-market
Market Trends
Overall, convenience food demand is rising more rapidly because of changing social and economic patterns, greater spending on food and drinks, higher knowledge of healthy foods, changes in meal patterns and current food habits, and a desire to try new items. Due to hectic lifestyles, on-the-go snacking has grown in popularity, particularly among working-class people, teens, hostel dwellers, and bachelors. The demand for energy bars is therefore increasing due to the associated convenience of consumption to boost energy supported by disposable packaging that prevents the bars from meeting hands while keeping them clean to work at the same time.
The segment of specialty stores led the market in 2020. This is because specialty stores offer options like discounts and instant gratification convenience. The market is expected to dominate North America. The growing demand for functional food, indulgence, replacement of meals and on-the-go snacks is driving the growth of the North American energy bar market.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Key Market Players
The major players in the market are Kellogg Company (NYSE: K), General Mills, Inc., Clif Bar & Company, Abbott Laboratories, Quest Nutrition LLC, Probar, LLC and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
PVC Pipes Market: https://www.expertmarketresearch.com/reports/pvc-pipes-market
Cosmetic Ingredients Market: https://www.expertmarketresearch.com/reports/cosmetic-ingredients-market-report
Aluminium Cans Market: https://www.expertmarketresearch.com/reports/aluminium-cans-market
Flavours and Fragrances Market: https://www.expertmarketresearch.com/reports/flavours-and-fragrances-market
Epoxy Resins Market: https://www.expertmarketresearch.com/reports/epoxy-resins-market
Methanol Market: https://www.expertmarketresearch.com/reports/methanol-market
Palm Oil Market: https://www.expertmarketresearch.com/reports/palm-oil-market
PET Bottles Market: https://www.expertmarketresearch.com/reports/pet-bottles-market
In-Flight Catering Services Market: https://www.expertmarketresearch.com/reports/in-flight-catering-services-market
Cross-Laminated Timber Market: https://www.expertmarketresearch.com/reports/cross-laminated-timber-market-report
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read about United States powder coatings market: https://expertmarketresearch-emr.blogspot.com/2021/07/united-states-powder-coatings-market-to.html
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.