Global Energy Bar Market 2022-2026
Technavio has been monitoring the energy bar market and it is poised to grow by $1.60 bn during 2022-2026, accelerating at a CAGR of 4.25% during the forecast period. Our report on the energy bar market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for sports nutrition, rising product innovation in energy bars, and increasing demand for energy bars from emerging markets.
The energy bar market analysis includes the product segment and geographic landscape.
Technavio's energy bar market is segmented as below:
By Product
- Conventional energy bars
- Organic energy bars
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- The Middle East and Africa
This study identifies the increasing sales of energy bars through online retailing as one of the prime reasons driving the energy bar market growth during the next few years. Also, the packaging trend in energy bars and increasing demand for plant-based snack bars will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the energy bar market covers the following areas:
- Energy bar market sizing
- Energy bar market forecast
- Energy bar market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading energy bar market vendors that include Abbott Laboratories, Atlantic Grupa d.d, Clif Bar and Co., Eastman Chemical Co., EAT Anytime, Empact Bars LLC, Garuka Bars, General Mills Inc., Hormel Foods Corp., Kellogg Co., Lotus Bakeries NV, Mondelez International Inc., NuGo Nutrition, OTE Sports Ltd, PepsiCo Inc., Post Holdings Inc., Prinsen BV, Probar LLC, The Balance Bar Co, and Torq Performance Nutrition. Also, the energy bar market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all future growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.