The nutrition bars market is set for a rapid growth over the forecast period. In terms of revenue, the global nutrition bars market accounted for USD 1,176.8 Million in 2019 and is expected to reach USD 1,530.9 Million by 2026, growing at a CAGR of 3.8%.
The nutrition bars market is set for a rapid growth over the forecast period. In terms of revenue, the global nutrition bars market accounted for USD 1,176.8 Million in 2019 and is expected to reach USD 1,530.9 Million by 2026, growing at a CAGR of 3.8%.
A nutrition bar offers various health benefits to the consumers as they are composed of conventional and organic constituents. Nutrition bars incorporate numerous constituents that include protein, calcium, fiber, and others.
The demand for nutrition bars has increased due to the rising health and wellness awareness among the people, growing preference for functional foods, increasing awareness for healthy diet, and rising adoption of organic nutrition bars at fitness centers. Moreover, distribution of nutrition bars over various online channels is anticipated to propel the market demand over the forecast period.
Nutrition bars satisfy the diet requirements of a huge customer base that is engaged in fitness as a profession. Moreover, customers are willing to pay more for food that have a high nutritional value, which is accelerating the sales of nutrition bars. Furthermore, nutrition bars are considered as one of the best alternatives for food that helps in satisfying the energy demands of customers.
The global nutrition bars market is segmented on the basis of product, type, and distribution channel. Based on the product, the market is further divided into protein bars, energy bars, meal replacement bars, and others. On the basis of type, the nutrition bars market comprises of organic and conventional. Based on distribution channel, the market is further bifurcated into supermarkets & hypermarkets, convenience stores, online, and others.
Based on regions, the global nutrition bars market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North America region captured a substantial share in 2019. The U.S. is the major contributor in terms of revenue. This is attributable to the presence of major companies such as Chicago Bar Company LLC, The Gatorade Company, Inc., and Abbott, among others.
The Asia Pacific region is anticipated to grow at a considerable rate over the forecast period. This is due to the rising health and fitness awareness among people of developing economies such as China and India. Moreover, the Indian government is also taking initiatives to promote fitness and healthy lifestyle among the citizens of the country. For instance, in 2019, the government of India launched “Fit India Movement” to promote fitness. This is anticipated to augment the market growth over the forecast period.
Some of key players in nutrition bars market are Glanbia plc, Nutrition & Santé, Muscleblaze, Nestlé, Chicago Bar Company LLC, Optimum Nutrition, Inc., Clif Bar & Company, Abbott, The Gatorade Company, Inc., and QuestNutrition, among others.
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Nutrition Bars Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Nutrition Bars Market
FIG. 6 Global Nutrition Bars Market Attractiveness, By Product
FIG. 7 Global Nutrition Bars Market Attractiveness, By Distribution Channel
FIG. 8 Global Nutrition Bars Market Attractiveness, By Type
FIG. 9 Global Nutrition Bars Market Attractiveness, By Region
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Nutrition Bars Market Revenue Share, by Product, 2019 & 2026
FIG. 12 Global Nutrition Bars Market for Protein Bars, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Nutrition Bars Market for Energy Bars, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Nutrition Bars Market for Meal Replacement Bars, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Nutrition Bars Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Nutrition Bars Market Revenue Share, by Distribution Channel, 2019 & 2026
FIG. 17 Global Nutrition Bars Market for Supermarkets & Hypermarkets, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Nutrition Bars Market for Convenience Stores, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Nutrition Bars Market for Online, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Nutrition Bars Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Nutrition Bars Market Revenue Share, by Type, 2019 & 2026
FIG. 22 Global Nutrition Bars Market for Organic, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Nutrition Bars Market for Conventional, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Nutrition Bars Market Revenue Share, by Region, 2019 & 2026
FIG. 25 North America Nutrition Bars Market Revenue, 2016 - 2026 (USD Million)
FIG. 26 Europe Nutrition Bars Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Asia Pacific Nutrition Bars Market Revenue, 2016 - 2026 (USD Million)
FIG. 28 Latin America Nutrition Bars Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Middle East & Africa Nutrition Bars Market Revenue, 2016 - 2026 (USD Million)
List of Tables
TABLE 1 Global Nutrition Bars Market: Snapshot
TABLE 2 Drivers of the Nutrition Bars Market: Impact Analysis
TABLE 3 Restraints for the Nutrition Bars Market: Impact Analysis
TABLE 4 Global Nutrition Bars Market Revenue, by Product, 2016 – 2026 (USD Million)
TABLE 5 Global Nutrition Bars Market for Protein Bars, by Region, 2016 – 2026 (USD Million)
TABLE 6 Global Nutrition Bars Market for Energy Bars, by Region, 2016 – 2026 (USD Million)
TABLE 7 Global Nutrition Bars Market for Meal Replacement Bars, by Region, 2016 – 2026 (USD Million)
TABLE 8 Global Nutrition Bars Market for Others, by Region, 2016 – 2026 (USD Million)
TABLE 9 Global Nutrition Bars Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 10 Global Nutrition Bars Market for Supermarkets & Hypermarkets, by Region, 2016 – 2026 (USD Million)
TABLE 11 Global Nutrition Bars Market for Convenience Stores, by Region, 2016 – 2026 (USD Million)
TABLE 12 Global Nutrition Bars Market for Online, by Region, 2016 – 2026 (USD Million)
TABLE 13 Global Nutrition Bars Market for Others, by Region, 2016 – 2026 (USD Million)
TABLE 14 Global Nutrition Bars Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 15 Global Nutrition Bars Market for Organic, by Region, 2016 – 2026 (USD Million)
TABLE 16 Global Nutrition Bars Market for Conventional, by Region, 2016 – 2026 (USD Million)
TABLE 17 Global Nutrition Bars Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 18 North America Nutrition Bars Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 19 North America Nutrition Bars Market Revenue, by Product, 2016 – 2026 (USD Million)
TABLE 20 North America Nutrition Bars Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 21 North America Nutrition Bars Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 22 Europe Nutrition Bars Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 23 Europe Nutrition Bars Market Revenue, by Product, 2016 – 2026 (USD Million)
TABLE 24 Europe Nutrition Bars Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 25 Europe Nutrition Bars Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 26 Asia Pacific Nutrition Bars Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 27 Asia Pacific Nutrition Bars Market Revenue, by Product, 2016 – 2026 (USD Million)
TABLE 28 Asia Pacific Nutrition Bars Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 29 Asia Pacific Nutrition Bars Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 30 Latin America Nutrition Bars Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 31 Latin America Nutrition Bars Market Revenue, by Product, 2016 – 2026 (USD Million)
TABLE 32 Latin America Nutrition Bars Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 33 Latin America Nutrition Bars Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 34 Middle East & Africa Nutrition Bars Market Revenue, by Product, 2016 – 2026 (USD Million)
TABLE 35 Middle East & Africa Nutrition Bars Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 36 Middle East & Africa Nutrition Bars Market Revenue, by Type, 2016 – 2026 (USD Million)
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