Protein bars are targeted to people who primarily want a convenient source of protein that doesn’t require preparation (unless homemade). There are different kinds of food bars to fill different purposes. Energy bars provide the majority of their food energy (calories) in carbohydrate form. Meal replacement bars are intended to replace the variety of nutrients in a meal.
In 2017, the global Protein Bar consumption market is led by USA and USA is the largest region consumption market, accounting for about 60.14% of global consumption of Protein Bar.
Protein Bar downstream is wide and recently Protein Bar has acquired increasing significance in various fields of Bodybuilders, Pro/Amateur Athletes and others. Globally, the Protein Bar market is mainly driven by growing demand for Bodybuilders and Pro/Amateur Athletes. Bodybuilders and Pro/Amateur Athletes accounts for nearly 87.22% of total downstream consumption of Protein Bar in global.
Protein Bar can be mainly divided into Low Protein, Medium Protein and High Protein which Medium Protein captures about 49.03% of Protein Bar market in 2017. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Protein Bar.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Protein Bar consumption will show a trend of steady growth. In 2024 the consumption value of Protein Bar is estimated to be 1966.21 million USD. On product prices, the slow downward trend in recent years will maintain in the future.
Protein Bar is still in its early development stage, there is huge development space and market to explore. Investing in this industry is feasible and wise choice.
According to this study, over the next five years the Protein Bars market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 1760 million by 2024, from US$ 1220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Protein Bars business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Protein Bars market by product type, application, key manufacturers and key regions and countries.
This study considers the Protein Bars value and volume generated from the sales of the following segments:
Global Protein Bars Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Protein Bars Industry report also provides essential attributes associated with Protein Bars market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Protein Bars Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Protein Bars business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Protein Bars market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Clif Bar & Company
The Balance Bar
Chicago Bar Company
The Kellogg Company
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
The prospective of this Protein Bars industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Protein Bars present market share and future prospects of the segment in terms of has also been explored in this report.
Global Protein Bars market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Protein Bars report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Protein Bars Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.