The South America nutritional bars market is expected to grow from US$ 674.55 million in 2022 to US$ 940.22 million by 2028. It is estimated to grow at a CAGR of 5.7% from 2022 to 2028.
Growing Preference for Healthy Snacking Among Millennials Drives South America Nutritional Bars Market
The millennial generation values health and focuses on managing their body weight to live a healthy lifestyle. They believe in eating right, exercising, and taking a proper diet. Additionally, social media intensifies their desire to appear healthy and vibrant. The growing number of fitness centers, health clubs, and gymnasiums is triggering the demand for healthy snacking products among millennials. Healthy snacking helps fulfill the body's need for proper nutrition. Nutritional bars are considered a suitable healthy snacking option as they contain proteins, omega-3 fatty acids, and fibers in high quantities. They are considered a healthier alternative to other bars due to their low sugar and additive content. These properties of nutritional bars assist in muscle repair by improving protein levels in the body, enhancing overall body performance, boosting metabolism, and lowering glucose and saturated fat levels before and after a workout. These products come in convenient packaging. In addition to proteins, these bars include daily essentials such as vitamins and immunity boosters that help fulfill the body's nutrient requirement, and aid muscle development and recovery. Nutritional bars support an active lifestyle and aid the diet regime. Millennials are generally aware of the nutrition need of their bodies, and nutritional bars provide a healthy option to fulfill those needs in their busy schedules. With hectic work schedules and changing lifestyles, the dependence of millennials on healthy snacking has increased.South America Nutritional Bars Market Overview
The South America nutritional bars market is segmented into Brazil, Argentina, and the Rest of South America. The rising population and continuous improvement have positively affected the growth of the economy of Brazil and Argentina. The shift in consumer lifestyle and dietary patterns is a major factor boosting the growth of the South America nutritional bars market in the region, especially in Brazil. A large consumer base in Brazil consumes healthy snacks that are low-calorie, sugar-free, and gluten-free. Furthermore, the consumption of nutritional bars, such as energy bars, protein bars, and carbohydrate bars, is increasing across the region. Also, consumer preference for snacking and on-the-go convenient food consumption contribute to the South America nutritional bars market. In addition, the growing preference for a healthy lifestyle is a major factor fueling the South America nutritional bars market growth. The rise in fitness enthusiasts and growing consumer inclination toward a healthy lifestyle are the prime drivers of the South America nutritional bars market growth. The growing participation of people in sports at the national and international levels is likely to increase the number of athletes, which will boost the demand for protein bars and energy bars. Hence, the South America nutritional bars market is expected to grow during the forecast period.South America Nutritional Bars Market Revenue and Forecast to 2028 (US$ Million)
South America Nutritional Bars Market Segmentation
The South America nutritional bars market is segmented into type, category, distribution channel, and country.- Based on type, the South America nutritional bars market is segmented into protein bars, high-fiber bars, and others. In 2022, the protein bars segment registered a largest share in the South America nutritional bars market.
- Based on category, the South America nutritional bars market is bifurcated intoconventional and gluten-free. In 2022, the conventional segment registered a larger share in the South America nutritional bars market.
- Based on distribution channel, the South America nutritional bars market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. In 2022, the supermarkets & hypermarkets segment registered a largest share in the South America nutritional bars market.
- Based on country, the South America nutritional bars market is segmented into Brazil, Argentina, and the Rest of South America. In 2022, the Rest of South America segment registered a largest share in the South America nutritional bars market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. SAM Nutritional Bars Market Overview
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM Nutritional Bars Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Preference for Healthy Snacking Among Millennials
5.1.2 Product Developments and Launches by Nutritional Bars Manufacturers
5.2 Market Restraints
5.2.1 Availability of Substitutes
5.3 Market Opportunities
5.3.1 Inclusion of Functional Claims on Labels
5.4 Future Trends
5.4.1 Rising Fitness Trends
5.5 Impact Analysis of Drivers and Restraints
6. Nutritional Bars - SAM Market Analysis
6.1 SAM Nutritional Bars Market -Revenue and Forecast to 2028 (US$ Million)
7. SAM Nutritional Bars Analysis - By Type
7.1 Overview
7.2 SAM Nutritional Bars Market, By Type (2021 and 2028)
7.3 Protein Bars
7.3.1 Overview
7.3.2 Protein Bars: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
7.4 High-Fiber Bars
7.4.1 Overview
7.4.2 High-Fiber Bars: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
8. SAM Nutritional bars Market Analysis - By Category
8.1 Overview
8.2 SAM Nutritional bars Market, By Category (2021 and 2028)
8.3 Conventional
8.3.1 Overview
8.3.2 Conventional: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Gluten-Free
8.4.1 Overview
8.4.2 Gluten-Free: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9. SAM Nutritional Bars Analysis - By Distribution Channel
9.1 Overview
9.2 SAM Nutritional bars Market, By Distribution Channel (2021 and 2028)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.2 Convenience Stores: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
10. SAM Nutritional Bars Market - Country Analysis
10.1 Overview
10.1.1 SAM: Nutritional Bars Market, by Key Country
10.1.1.1 Brazil: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Nutritional Bars Market, By Type
10.1.1.1.2 Brazil: Nutritional Bars Market, by Category
10.1.1.1.3 Brazil: Nutritional Bars Market, by Distribution Channel
10.1.1.2 Argentina: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Nutritional Bars Market, By Type
10.1.1.2.2 Argentina: Nutritional Bars Market, by Category
10.1.1.2.3 Argentina: Nutritional Bars Market, by Distribution Channel
10.1.1.3 Rest of SAM: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Nutritional Bars Market, By Type
10.1.1.3.2 Rest of SAM: Nutritional Bars Market, by Category
10.1.1.3.3 Rest of SAM: Nutritional Bars Market, by Distribution Channel
11. Industry Landscape
11.1 Overview
11.2 Product launch
12. Company Profiles
12.1 The Simply Good Foods Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Clif Bar & Co
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 General Mills Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 The Kellogg Co
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 The Quaker Oats Co
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mars Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1 SAM Nutritional Bars Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Nutritional Bars Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Nutritional Bars Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Nutritional Bars Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Nutritional Bars Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina Nutritional Bars Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Nutritional Bars Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM Nutritional Bars Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM Nutritional Bars Market, by Category - Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM Nutritional Bars Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
List of Figures
Figure 1. SAM Nutritional Bars Market Segmentation
Figure 2. SAM Nutritional Bars Market Segmentation - By Country
Figure 3. SAM Nutritional Bars Market Overview
Figure 4. SAM Nutritional Bars Market: By Category
Figure 5. SAM Nutritional Bars Market: By Country
Figure 6. SAM: PEST Analysis
Figure 7. Expert Opinion
Figure 8. SAM Nutritional Bars Market Impact Analysis of Drivers and Restraints
Figure 9. SAM: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. SAM Nutritional Bars Market Revenue Share, By Type (2021 and 2028)
Figure 11. Protein Bars: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 12. High-Fiber Bars: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Others: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. SAM Nutritional bars Market Revenue Share, By Category (2021 and 2028)
Figure 15. Conventional: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 16. Gluten-Free: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. SAM Nutritional bars Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 18. Supermarkets and Hypermarkets: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Convenience Stores: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. Online Retail: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. Others: SAM Nutritional bars Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. SAM: Nutritional Bars Market, by Key Country - Revenue (2021) (US$ Million)
Figure 23. SAM: Nutritional Bars Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. Brazil: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Argentina: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of SAM: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Clif Bar & Co
- General Mills Inc
- Mars Inc
- The Kellogg Co
- The Quaker Oats Co
- The Simply Good Foods Co
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 97 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 674.55 Million |
| Forecasted Market Value ( USD | $ 940.22 Million |
| Compound Annual Growth Rate | 5.7% |
