The Nutritional Bars Global Market Report 2023, provides comprehensive information on the nutritional bars market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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The nutritional bars market is poised for growth, anticipating an increase from $6.34 billion in 2022 to $6.79 billion in 2023, representing a notable compound annual growth rate (CAGR) of 7.09%. However, the global economic recovery, already challenged by the lingering impacts of the COVID-19 pandemic, faced further setbacks due to the Russia-Ukraine war. This geopolitical conflict triggered economic sanctions, commodity price spikes, and disruptions in the supply chain, contributing to inflationary pressures on goods and services across diverse markets worldwide. Despite these challenges, the nutritional bars market is projected to attain a valuation of $8.63 billion by 2027, driven by a sustained CAGR of 6.1%
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Product innovation is a key trend gaining popularity in the nutritional bar market. The major companies operating in the nutritional bar market are developing innovative products to sustain their position in the market. For Instance, in June 2022, Nourish Organic Foods Pvt. Ltd., an India-based manufacturer and seller of organic food products, launched its Nutrition Bars 2.0 with refurbished packaging. The innovative nutritional bars are made with all-natural ingredients and are a good protein, fiber, and vitamin source. They are also gluten-free, lactose-free, and vegan. This new nutrition bar 2.0 is available in six flavors. Additionally, it is made with all-natural ingredients, is gluten-free, lactose-free, and vegan, is high in protein, fiber, and vitamins, is convenient to eat, and has a slimmer and taller shape for easy portability. Moreover, these new bars are shaped slimmer and taller to easily fit into pockets, purses, and travel bags, making them an easy snack for long travels
The nutritional bars market is segmented:
1) By Product Type: Protein Bars, Energy Bars, Meal Replacement Bars, Snack Bars, Other Products
2) By Flavors: Chocolate, Fruits, Peanut Butter, Savory, Spices, Other Flavors
3) By Category: Conventional, Gluten-Free
4) By End-User: Adults, Children
North America was the largest region in the nutritional bars market in 2022
Top 5 Major Key Players Are:
Mars Incorporated
Abbott Laboratories
Mondelez International Inc
Natural Balance Foods Ltd
General Mills Incorporated
Table Of Contents
1. Executive Summary
2. Nutritional Bars Market Characteristics
3. Nutritional Bars Market Trends And Strategies
4. Nutritional Bars Market – Macro Economic Scenario
5. Global Nutritional Bars Market Size and Growth
…….
32. Global Nutritional Bars Market Competitive Benchmarking
33. Global Nutritional Bars Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Nutritional Bars Market
35. Nutritional Bars Market Future Outlook and Potential Analysis
36. Appendix
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