Energy Bar Market 2024 – Size, Trends, Growth Analysis, Outlook, Overview By 2033

Overview and Scope

An energy bar refers to a food product with the shape of a bar that contains a combination of fats, carbs, and proteins and is fortified with vitamins and minerals. It is used as a source of energy during athletic events like marathons, triathlons, and other activities requiring a high energy expenditure for extended periods of time.

Sizing and Forecast

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  growth in the historic period can be attributed to increased health and fitness awareness, shift in consumer lifestyles, growth of interest in weight management, innovation in ingredients, convenience and 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 growth in the forecast period can be attributed to retail availability and accessibility, plant-based and sustainable options, smart nutrition and functional ingredients, global health challenges response, expansion of fitness industry. Major trends in the forecast period include low sugar and natural sweeteners, innovative flavors and textures, sustainable packaging solutions, personalized nutrition offerings, snacking convenience and portability, collaborations and limited editions.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/energy-bar-global-market-report

Segmentation & Regional Insights

The energy bar market covered in this report is segmented –

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

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

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Major Driver Impacting Market Growth

Increasing participation in sports, health clubs, and gyms is driving the energy bar market going forward. Sports refer to physical activities or games that are typically played competitively or for leisure. Health clubs or gyms refer to facilities that offer a variety of fitness and exercise equipment, classes, and services designed to help people improve their physical health and fitness. Energy bars provide a healthy source of fitness enthusiasts and helps them meet their fitness goals. For instance, in 2022, according to the Sports & Fitness Industry Association (SFIA), a US-based industry association of the sports and fitness industry, 237 million US citizens participated in at least one sport, which was an increase of 9.2% from 2017 and 1.9% from 2021. Further, Cardio kickboxing had the highest year-on-year increase with 8.5% from 2021 to 2022. Therefore, the increasing participation in sports, health clubs, and gyms is propelling the energy bar market.

Key Industry Players

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, LÄRABAR, Mediterra Inc., Brighter Foods Ltd., Health Warrior Inc., The Hershey Company, Energy Bar Foods, Superior Supplement Manufacturing:, Element Bars Inc., YouBar

The energy bar  market report table of contents includes:

1. Executive Summary
2. Energy Bar Market Characteristics
3. Energy Bar Market Trends And Strategies
4. Energy Bar Market – Macro Economic Scenario
5. Global Energy Bar Market Size and Growth
…
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
35. Appendix

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Energy Bar  Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

 

Energy Bar  Market Growth Outlook Through 2024-2033

 

Global Energy Bar  Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

 

Energy Bar  Market Competitive Landscape 2024-2033 – Major Players and Strategies

 

Global Energy Bar  Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

 

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Overview and Scope

An energy bar refers to a food product with the shape of a bar that contains a combination of fats, carbs, and proteins and is fortified with vitamins and minerals. It is used as a source of energy during athletic events like marathons, triathlons, and other activities requiring a high energy expenditure for extended periods of time.

 

Sizing and Forecast

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  growth in the historic period can be attributed to increased health and fitness awareness, shift in consumer lifestyles, growth of interest in weight management, innovation in ingredients, convenience and 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 growth in the forecast period can be attributed to retail availability and accessibility, plant-based and sustainable options, smart nutrition and functional ingredients, global health challenges response, expansion of fitness industry. Major trends in the forecast period include low sugar and natural sweeteners, innovative flavors and textures, sustainable packaging solutions, personalized nutrition offerings, snacking convenience and portability, collaborations and limited editions.

 

To access more details regarding this report, visit the link:

https://www.thebusinessresearchcompany.com/report/energy-bar-global-market-report

 

 

Segmentation & Regional Insights

 

The energy bar market covered in this report is segmented –

 

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

 

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

 

Intrigued to explore the contents? Secure your hands-on sample copy of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=10292&type=smp

 

 

Major Driver Impacting Market Growth

Increasing participation in sports, health clubs, and gyms is driving the energy bar market going forward. Sports refer to physical activities or games that are typically played competitively or for leisure. Health clubs or gyms refer to facilities that offer a variety of fitness and exercise equipment, classes, and services designed to help people improve their physical health and fitness. Energy bars provide a healthy source of fitness enthusiasts and helps them meet their fitness goals. For instance, in 2022, according to the Sports & Fitness Industry Association (SFIA), a US-based industry association of the sports and fitness industry, 237 million US citizens participated in at least one sport, which was an increase of 9.2% from 2017 and 1.9% from 2021. Further, Cardio kickboxing had the highest year-on-year increase with 8.5% from 2021 to 2022. Therefore, the increasing participation in sports, health clubs, and gyms is propelling the energy bar market.

 

Key Industry Players

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, LÄRABAR, Mediterra Inc., Brighter Foods Ltd., Health Warrior Inc., The Hershey Company, Energy Bar Foods, Superior Supplement Manufacturing:, Element Bars Inc., YouBar

 

The energy bar  market report table of contents includes:

1. Executive Summary
2. Energy Bar Market Characteristics
3. Energy Bar Market Trends And Strategies
4. Energy Bar Market – Macro Economic Scenario
5. Global Energy Bar Market Size and Growth
…
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
35. Appendix

 

 

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

 

Email: info@tbrc.info

 

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