Plant Based Bars Market size was valued at USD 7.20 Billion in 2022 and is expected to grow at a CAGR of 9.5 percent from 2023 to 2029 to reach USD 13.59 Billion.
Plant Based Bars Market Overview
The Maximize Market Research, an Plant Based Bars Market research firm, has served more than 600 clients across the world since 2017. The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Plant Based Bars Market suppliers in the forecast period through 2029.
Plant Based Bars Market Scope
In the Plant Based Bars market report, the forecast period is considered from 2021 to 2029, and 2021 is a based year. 2020 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. The year 2020 is an exception and is analyzed specifically with the impact of the region.
The report includes an in-depth analysis of the Plant Based Bars market, as well as market segmentation. The report includes a regional analysis of market dynamics, which assists readers in comparing past trends to current market scenarios, as well as the contributions of key players.
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Segmentation :
Based on Type: The market is segmented into Cereal/Granola Bars, Protein Bars, Energy Bars and Others. The Cereal/Granola Bars segment held the largest Plant Based Bars Market share in 2022. These bars are the perfect food for easy and quick snacking. The base of these bars is typically made of oats, so they are naturally higher in carbohydrates than protein bars, which helps people to be focused and energized throughout the day. The Protein Bars and Energy Bars segment are expected to grow rapidly during the forecast period. This is attributed to the rising trend of fitness activities and sports. Protein bars have become a popular choice for people looking for increased energy, weight management and improved muscle mass.
Based on Distribution Channel: The market is segmented into Supermarkets /Hypermarkets, Specialty Stores, Convenience Stores, Online Retail Stores and others. The Supermarkets /Hypermarkets held the largest share of the global market in 2022. The plant based bars are easily available in supermarkets/hypermarkets. The Online Retail Stores segment is expected to grow at a high rate during the forecast period. This is attributed to the launch of a variety of products in the market creating various opportunities to sell the products directly through e-commerce channels such as Big Basket, Amazon, Grofers and Others.
Key Players :
1. Kellogg’s Company (US)
2. Green’s Gone Wild, LLC (US)
3. General Mills Inc. (US)
4. 88 Acres (US)
5. LoveRaw (UK)
6. GNC Holdings LLC (US)
7. Raw Bite (Germany)
8. Rise Bar (US)
9. MADE GOOD (US)
10. Vaxa Bar (US)
11. Probar LLC (US)
12. BHU Foods (US)
13. Nugo nutrition (US)
14. Raw Rev (US)
15. GoMacro (US)
16. Orgain (US)
17. No Cow (US)
18. Nutree Life (UK)
19. Quaker Oats Company (US)
20. Nature Valley (US)
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Regional Analysis
The report on the Plant Based Bars market gives a detailed analysis, which is divided into regions. The research includes an evaluation of regional and local market participants operating in the target market, as well as findings in the target market. On a regional and global basis, the study evaluates the market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region market is researched in depth, for the discovery of regional Plant Based Bars market trends, constraints, and growth potential.
Key Questions answered in the Plant Based Bars Market Report are:
- What is Plant Based Bars Market?
- What is the forecast period of the Plant Based Bars Market?
- What is the competitive scenario of the Plant Based Bars market?
- Which region held the largest market share in the Plant Based Bars Market?
- What are the opportunities for the Plant Based Bars Market?
- What factors are affecting the Plant Based Bars market growth?
- Who are the key players of the Plant Based Bars market?
- Which company held the largest share in the Plant Based Bars market?
- What will be the CAGR of the Plant Based Bars market during the forecast period?
- What key trends are likely to emerge in the Plant Based Bars market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Plant Based Bars Market
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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