The global energy bar market is anticipated to grow at a significant CAGR of 5.1% during the forecast period. Increasing gym culture globally is expected to propel the growth of energy bars. Gym cultures is increasingly becoming popular as gym membership have increased with a higher late in last 10 years. Therefore, performance nutrition foods such as energy bars are gaining popularity among millennial are known to be more involved in fitness activates. Energy bars provide instant energy due to protein and added carbohydrates content which makes them an ideal choice for pre & post-workout meals for gym members. The evolving need for carbohydrates, fats, and proteins in convenient and healthy on-the-go snack as a meal replacement is further accelerating the market growth. Energy bar manufacturers are focusing more on their product application and manufacturing the products as per the different needs. For instance, in 2020, Vestige launched Enerva Energy Snack Bar which intend to replace the junk-food breaks during online meetings, trainings, studies, and post-exercise with a healthy snacking option. The snack bar is made of healthy and nutritious ingredients including almonds, soybean, whey protein, honey, raisins, milk, dark chocolate, and peanuts that delivers instant energy and taste.
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The COVID-19 pandemic has enforced a shift towards a healthier lifestyle among people which has made them more conscious about their diet and fitness regimen. This factor has positively impacted the growth of energy bar during COVID 19 pandemic. Even after Disruption in manufacturing and supply chain, the global energy bar market experienced an increasing growth during the period in the light of importance of good health. Increasing demand of energy bar was attributed to its convince, storing and easy provision for nutrition and energy requirements.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Energy Bar Marketby Nature
- Organic
- Conventional
Global Energy Bar Marketby Type
- Protein Bar
- Endurance Bar
- Fiber Bar
- Carbohydrate Bar
- Cereal Bar
Global Energy Bar Market by Distribution Channel
- Online Retail Channel
- Offline Retail Channel
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aurora Intelligent Nutrition
- BellRing Brands, Inc.
- Built Brands, LLC
- EAT Anytime
- FITSHIT Health Solutions Pvt. Ltd.
- Fullwell Mill Ltd.
- (Larabar)
- General Mills Inc. (Nature Valley)
- com
- Hero Group
- Kellogg Co.
- KIND LLC
- Livvel Wellness Solutions Pvt. Ltd.
- Natural Balance Foods
- NELLSON ANAHEIM
- OTE SPORTS LTD.
- PEPSICO UNITED STATES (Health Warrior)
- Power Crunch
- Rinebars
- Simply Good Foods USA, Inc.
- StayfitEnterprize Pvt. Ltd.
- SternLife GmbH & Co. KG
- YourBarFactory Europe
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global energy barmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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