U.S. Protein Bar Market Share, Size, Trends, Industry Analysis Report, By Source (Plant-Based, Animal-Based), By Type (Sports Nutrition Bars, Meal Replacement Bars, Others), And Segment Forecasts, 2024 - 2032

U.S. Protein Bar Market Share, Size, Trends, Industry Analysis Report, By Source (Plant-Based, Animal-Based), By Type (Sports Nutrition Bars, Meal Replacement Bars, Others), And Segment Forecasts, 2024 - 2032

The U.S. Protein Bar market size is expected to reach USD 3105.05 million by 2032, according to a new study by Polaris Market Research. The report “U.S. Protein Bar Market Share, Size, Trends, Industry Analysis Report, By Source (Plant-Based, Animal-Based), By Type (Sports Nutrition Bars, Meal Replacement Bars, Others), And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The U.S. population is placing a heightened emphasis on health and wellness, and protein-rich diets are seen as integral to achieving health goals. Protein bars offer a convenient and accessible way for individuals to meet their protein requirements, supporting muscle development, recovery, and overall nutritional needs. The popularity of protein-enriched bars is linked to the between-meal-snacking culture prevalent in the region. Consumers are actively seeking nutritious and convenient snack options that can double as on-the-go meals. Protein bars fit this demand, providing a quick and portable source of protein for individuals with busy lifestyles.

For instance, according to the International Institutes of Health, more than 90% of U.S. adults report consuming one or more snacks on any given day, with an average of 1.2 to 3.0 snacking occurrences per day.

This snacking behavior aligns with the convenience and portability offered by protein bars, positioning them as a suitable choice for those seeking nutritious snack options.

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The combination of a health-conscious population, fitness trends, and a preference for on-the-go nutrition creates a robust market potential for protein bars in the United States. The market is expected to witness sustained growth as more consumers recognize the benefits of incorporating protein bars into their daily routines.

As consumer interest in products promoting overall health and wellness grew, the global uncertainties prompted an increased focus on nutritional intake and the consumption of safer, healthier foods. The rise in work-from-home and stay-at-home trends led people to engage in home-based workouts, driving the demand for low-sugar and low-carb protein bars, with companies aligning their efforts accordingly.

For example, in 2021, plant-based food maker Tattooed Chef successfully acquired Belmont Confections Inc., a private-label co-manufacturer of snack bars, for about USD 18 million in cash in California.

U.S. Protein Bar Market Report Highlights

Sports nutrition bars type segment held the largest market share in 2023. The U.S. has a robust fitness culture with a significant number of individuals engaged in various fitness activities. The growing awareness of the importance of nutrition in supporting fitness goals has led to an increased demand for sports nutrition products, including protein bars.

Animal based source segment has largest revenue owing to there is a growing inclination toward animal-based protein supplements to fulfill these requirements, contributing to the rising demand for such supplements.

The players include General Mills Inc., Simply Good Foods, Kellogg Company, Nestlé S.A, GNC Holding, Glanbia plc, Mars Incorporated, Hormel Foods, Mondelez International, and Amway.

Polaris Market Research has segmented the U.S. Protein Bar market report based on source, type:

U.S. Protein Bar, Source Outlook (Revenue - USD Million, 2019 - 2032)

Plant-Based

Animal-Based

U.S. Protein Bar, Type Outlook (Revenue - USD Million, 2019 - 2032)

Sports Nutrition Bars

Meal Replacement Bars

Others