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The Surging Demand for Protein Bars and Market Trends

04-10-2024 08:16 AM CET | Food & Beverage

Press release from: Market Data Forecast

The global protein bar market size is expected to be valued at USD 5.12 billion in 2024 and reach USD 6.75 billion by 2029, growing at a CAGR of 5.7% from 2024 to 2029.

Global Protein Bar Market Report Scope:
• Market Size (2029): USD 6.75 billion
• Market Size (2024): USD 5.12 billion
• CAGR (2024 to 2029): 5.7%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Product Type, Protein Source, Protein Content and Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Small Planet Foods, Inc., The WhiteWave Foods Company, The Kellogg Company, General Mills, Inc., Premier Nutrition Corporation, Caveman Foods LLC, MARS, Incorporated, and Others. Are playing a dominant role in the global protein bar market

Rising prominence for packaged food products that have health benefits is escalating the protein bar market growth rate. Protein bars have huge health benefits as they contain high nutritional value and lower the risk of many chronic diseases. The growing working women population is one of the major factors that will influence the market to grow. Hectic lifestyle changes and their preference to maintain good health by replacing health benefits nutrition bars in daily routine are significantly leveraging the growth rate of the market. Focus on launching various protein bars with organic ingredients as per consumers' preference to propel the growth rate of the market. In this modern era, people are more likely to adopt organic food products with the rising awareness of their health benefits. In favor, companies are providing transparent ingredients on the packaging, which consumers can take advantage of while choosing the products, which is an additional attribute for the market to grow immensely. In addition, a hygienic packaging style in order to reach target customers through unique features is gearing up the market share to the extent. A rising number of people are purchasing protein bars due to various aspects like weight management, energy boost, and muscular growth. It is a fact that fitness clubs and other fitness studios are creating awareness over the use of protein bars as a replacement for meals in their diet, which is a dominant factor for the market to grow in the coming years. The launch of innovative food products like low sugar content and replacement of sugar with other organic ingredients to attract health-conscious people is merely to outrage the market size enormously. In the coming years, the protein bars market will grow with the rising number of athletes and sports persons consuming protein bars as a nutritional food that enhances energy.

Alternate substitutes for protein bars are readily available in the marketplace at extremely affordable prices for the common people, which is anticipated to hinder the growth rate of the market. The increasing cost of raw materials due to less availability of raw materials is attributed to hindering the growth rate of the protein bar market. Government stringent rules and regulations to not launch particular products that cause concern for people's health, especially those bars made up of additives and other coloring agents, certainly pose a challenge for key market players.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/protein-bar-market.

Key Insights from the Report:

• By Product Type, the energy protein bars segment led the market and accounted for the largest share of the global market in 2023.
• By Protein Source, the Plant Protein segment occupied the majority of the global market share in 2023.
• Based on Protein Content, the medium segment captured the highest share of the global market in 2023.
• North America protein bar market had the largest volume share, in the global business.
• Small Planet Foods, Inc., The WhiteWave Foods Company, The Kellogg Company, General Mills, Inc., Premier Nutrition Corporation, Caveman Foods LLC, MARS, Incorporated, and Others

SEGMENTATION INCLUDED IN THIS REPORT:
By Product Type:
• Energy Protein Bars
• Women's Protein Bar
• Meal Replacement Bars
• Low Carbohydrate Protein Bars
By Protein Source:
• Plant Protein
• Animal Protein
By Protein Content:
• Low
• Medium
• High
By Region:
• North America
• Asia and Pacific
• Europe
• Middle East and Africa

Browse Regional Reports:
North America protein bar market Research Report - segmented by Product Type, Protein Source, Protein Content and Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-protein-bar-market

Europe protein bar market Research Report - segmented by Product Type, Protein Source, Protein Content and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-protein-bar-market

APAC protein bar market Research Report - Segmented By Product Type, Protein Source, Protein Content & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/asia-pacific-protein-bar-market

Latin America protein bar market Research Report - segmented by Product Type, Protein Source, Protein Content & Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-protein-bar-market

Middle East & Africa protein bar market Research Report - Segmented By Product Type, Protein Source, Protein Content & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2024 to 2029 - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-protein-bar-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year, and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product Type
5.1.1 Introduction
5.1.2 Energy Protein Bars
5.1.3 Women's Protein Bar
5.1.4 Meal Replacement Bars
5.1.5 Low Carbohydrate Protein Bars
5.1.6 Y-o-Y Growth Analysis, By Product Type
5.1.7 Market Attractiveness Analysis, By Product Type
5.1.8 Market Share Analysis, By Product Type
5.2 Protein Source
5.2.1 Introduction
5.2.2 Plant Protein
5.2.3 Animal Protein
5.2.4 Y-o-Y Growth Analysis, By Protein Source
5.2.5 Market Attractiveness Analysis, By Protein Source
5.2.6 Market Share Analysis, By Protein Source
5.3 Protein Content
5.3.1 Introduction
5.3.2 Low Protein Content
5.3.3 Medium Protein Content
5.3.4 High Protein Content
5.3.5 Y-o-Y Growth Analysis, By Protein Content
5.3.6 Market Attractiveness Analysis, By Protein Content
5.3.7 Market Share Analysis, By Protein Content
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product Type
6.1.3.3 By Protein Source
6.1.3.4 By Protein Content
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product Type
6.1.4.3 By Protein Source
6.1.4.4 By Protein Content
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product Type
6.1.5.3 By Protein Source
6.1.5.4 By Protein Content
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Small Planet Foods, Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The WhiteWave Foods Company
8.3 The Kellogg Company
8.4 General Mills, Inc.
8.5 Premier Nutrition Corporation
8.6 Caveman Foods LLC
8.7 MARS, Incorporated
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

Contact Us:
MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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