Energy Bar Global Market Report 2024

Description

“Energy Bar Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on energy bar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for energy bar? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The energy bar market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Protein Bar; Nutrition Bar; Cereal Bar; Fiber Bar
2) By Nature: Organic; Conventional
3) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; Specialty Stores; Online Stores; Other Distribution Channels
Companies Mentioned: Lotus Bakeries NV; General Mills Inc.; Clif Bar & Company; ProBar LLC; Post Holdings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An energy bar is a bar-shaped food product that combines fats, carbohydrates, and proteins, fortified with vitamins and minerals. It serves as a source of energy, particularly during athletic events such as marathons, triathlons, and other activities demanding a sustained high energy output.

Energy bars come in various types, including protein bars, nutrition bars, cereal bars, and fiber bars. A protein bar is a nutritional supplement containing a substantial amount of protein, often sourced from whey, soy, or pea protein. These bars are available in both organic and conventional varieties and are distributed through supermarkets/hypermarkets, convenience stores, specialty stores, online stores, and other retail channels.

The energy bar market research report is one of a series of new reports from The Business Research Company that provides energy bar market statistics, including energy bar industry global market size, regional shares, competitors with a energy bar market share, detailed energy bar market segments, market trends and opportunities, and any further data you may need to thrive in the energy bar industry. This energy bar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The energy bar market size has grown steadily in recent years. It will grow from $4.08 billion in 2023 to $4.26 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%.

The historical period's growth can be ascribed to heightened awareness of health and fitness, changes in consumer lifestyles, a surge in interest in weight management, innovation in ingredient formulations, and the demand for convenient, on-the-go nutrition.

The energy bar market size is expected to see steady growth in the next few years. It will grow to $5.09 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%.

The anticipated growth in the forecast period is linked to the availability and accessibility of retail outlets, the emergence of plant-based and sustainable options, the incorporation of smart nutrition and functional ingredients, responses to global health challenges, and the expansion of the fitness industry. Notable trends in the forecast period encompass low sugar and natural sweeteners, the introduction of innovative flavors and textures, the adoption of sustainable packaging solutions, the provision of personalized nutrition offerings, the emphasis on snacking convenience and portability, and collaborations featuring limited editions.

The energy bar market is poised for growth due to the rising engagement in sports, health clubs, and gyms. Sports, encompassing competitive and leisure activities, and health clubs or gyms, offering diverse fitness equipment, classes, and services, are key drivers behind this trend, contributing to improved physical health and fitness. Energy bars play a vital role as a healthy source for fitness enthusiasts, aiding them in achieving their fitness objectives. In 2022, the Sports & Fitness Industry Association (SFIA), a US-based industry association, reported that 237 million US citizens participated in at least one sport, marking a 9.2% increase from 2017 and a 1.9% rise from 2021. Notably, Cardio kickboxing exhibited the highest year-on-year increase, surging by 8.5% from 2021 to 2022. This data underscores the growing trend of active participation in sports and fitness-related activities, consequently propelling the energy bar market forward.

The anticipated growth of the energy bar market is further propelled by the increasing preference for healthy snacking. Healthy snacking involves making mindful and nutritious choices for snacks between meals, aligning with the energy bar market's focus on providing consumers with convenient, nutritious, and on-the-go options. A December 2022 survey by the International Food Information Council (IFIC) revealed that 73% of people snack every day. Younger generations particularly opt for snacking for energy, ranking fruits as the healthiest option (43%), followed by dairy (28%) and nutrition bars (27%). Consequently, the escalating popularity of healthy snacking is fostering the expansion of the energy bar market.

Energy bar market is witnessing a surge in product innovations, with major companies introducing novel offerings such as the 'That's it Keto Kick coffee energy bar' to fortify their market positions. In July 2021, US-based That's It, known for healthy snacks, launched a Keto Kick coffee energy bar tailored for keto diets, featuring only six plant-based whole ingredients. With a caffeine content of 95mg sourced from Fair Trade, single-origin Ethiopian coffee beans, this snack offers a healthier and more convenient option for fulfilling the body's caffeine needs while adhering to a plant-based and ketogenic diet.

Leading players in the energy bar market are strategically diversifying their product portfolios by introducing advanced varieties, such as muesli bars, to enhance market profitability. Muesli bars are nutrient-rich snacks composed of rolled oats, nuts, seeds, dried fruits, and other wholesome ingredients. India-based Bagrrys took this approach in March 2023, launching three Mighty Muesli Bars variants, Choco Nut Delight, Signature Crunch, and Fruits, Nuts, and Seeds. Crafted from a blend of multi-grains, nuts, fruits, and honey, these bars provide a high-fiber punch for health-conscious consumers seeking innovative and nutritious snack options. The bars are available in retail packs (6 bars per variant), assorted packs (6 bars with 2 bars of each variant), and larger packs (24 bars per variant).

In August 2022, US-based snacks manufacturer Mondelez International, Inc. made an undisclosed acquisition of Clif Bar & Company, a renowned manufacturer of nutritious energy bars with organic ingredients. This strategic move not only expanded Mondelez International's snacks bar business but also broadened its customer base, aligning with the company's broader strategy to reshape its product portfolio.

Major companies operating in the energy bar market report are Lotus Bakeries NV, General Mills Inc., Clif Bar & Company, ProBar LLC, Post Holdings Inc., Bumble Bar Inc., PepsiCo Inc., Kind LLC, Kellogg Company, Wholesome Habits Private Limited, Quest Nutrition LLC, Chicago Bar Company, Abbott Nutrition Manufacturing Inc., Atlantic Gruppa d.d., Nestle SA, Atkins Nutritionals Inc., McKee Foods Corporation, The Simply Good Foods Company, The Bountiful Co., Mars Incorporated, Fullwell Mill Limited, LARABAR, Mediterra Inc., Brighter Foods Ltd., Health Warrior Inc., The Hershey Company, Energy Bar Foods, Superior Supplement Manufacturing,, Element Bars Inc., YouBar

North America was the largest region in the energy bar market in 2023. Europe is expected to be the fastest-growing region in the global energy bar market during the forecast period. The regions covered in the energy bar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the energy bar market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The energy bar market consists of sales of granola bars, health bars, and snack bars. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11701

1. Executive Summary

2. Energy Bar Market Characteristics

3. Energy Bar Market Trends And Strategies

4. Energy Bar Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Energy Bar Market Size and Growth

5.1. Global Energy Bar Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Energy Bar Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Energy Bar Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Energy Bar Market Segmentation

6.1. Global Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Protein Bar
Nutrition Bar
Cereal Bar
Fiber Bar
6.2. Global Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Organic
Conventional
6.3. Global Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Other Distribution Channels

7. Energy Bar Market Regional And Country Analysis

7.1. Global Energy Bar Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Energy Bar Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Energy Bar Market

8.1. Asia-Pacific Energy Bar Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Energy Bar Market

9.1. China Energy Bar Market Overview
9.2. China Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Energy Bar Market

10.1. India Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Energy Bar Market

11.1. Japan Energy Bar Market Overview
11.2. Japan Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Energy Bar Market

12.1. Australia Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Energy Bar Market

13.1. Indonesia Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Energy Bar Market

14.1. South Korea Energy Bar Market Overview
14.2. South Korea Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Energy Bar Market

15.1. Western Europe Energy Bar Market Overview
15.2. Western Europe Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Energy Bar Market

16.1. UK Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Energy Bar Market

17.1. Germany Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Energy Bar Market

18.1. France Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Energy Bar Market

19.1. Italy Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Energy Bar Market

20.1. Spain Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Energy Bar Market

21.1. Eastern Europe Energy Bar Market Overview
21.2. Eastern Europe Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Energy Bar Market

22.1. Russia Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Energy Bar Market

23.1. North America Energy Bar Market Overview
23.2. North America Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Energy Bar Market

24.1. USA Energy Bar Market Overview
24.2. USA Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Energy Bar Market

25.1. Canada Energy Bar Market Overview
25.2. Canada Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Energy Bar Market

26.1. South America Energy Bar Market Overview
26.2. South America Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Energy Bar Market

27.1. Brazil Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Energy Bar Market

28.1. Middle East Energy Bar Market Overview
28.2. Middle East Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Energy Bar Market

29.1. Africa Energy Bar Market Overview
29.2. Africa Energy Bar Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Energy Bar Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Energy Bar Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Energy Bar Market Competitive Landscape And Company Profiles

30.1. Energy Bar Market Competitive Landscape
30.2. Energy Bar Market Company Profiles
- 30.2.1. Lotus Bakeries NV
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. General Mills Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Clif Bar & Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. ProBar LLC
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Post Holdings Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Energy Bar Market Competitive Benchmarking

32. Global Energy Bar Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Energy Bar Market

34. Energy Bar Market Future Outlook and Potential Analysis

34.1 Energy Bar Market In 2028 - Countries Offering Most New Opportunities
34.2 Energy Bar Market In 2028 - Segments Offering Most New Opportunities
34.3 Energy Bar Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer