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Global Nutrition Bars Market (2023-2028) Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 197 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5748882

The burgeoning interest in plant-based diets is spurring more products in the global snack bars market to carry vegan and plant-based claims

The Global Nutrition Bars Market is estimated to be USD 1.59 Bn in 2023 and is expected to reach USD 2.34 Bn by 2028 growing at a CAGR of 8.07%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Nutrition Bars Market is segmented based on Type, Nature, Format, Function, Distribution Channel, and Geography.
  • By Type, the market is classified into Fibre Bars, Meal-Replacement Bars, Protein Bars, Snack Bars, and Whole Food Bars.
  • By Flavor, the market is classified into Chocolate, Fruits, Peanut Butter, Savoury, Spices, and Others.
  • By Nature, the market is classified into Organic and Conventional.
  • By Format, the market is classified into Extruded, Co-extruded, Double-Layer, and Multilayer.
  • By Function, the market is classified into Weight Management, Sports & Fitness, Functional Food, Diabetes, and Others.
  • By Distribution Channel, the market is classified into Offline Mode and Online Mode.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report areGlanbia PLC, Hearthside Food Solutions LLC, Halo Foods Ltd., Kellogg Co., Mars, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Nutrition Bars Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Nutrition Bars Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Nutrition Bars Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 High Demand for Portable Convenience Foods and Nutritional Benefits
4.1.2 Rising Number of Obesity and Growing Incidences of Lifestyle Diseases
4.1.3 Rise in the Availability of a Range of Flavors and Variants
4.1.4 Nutritional Need for Athletes and Health-conscious Population
4.2 Restraints
4.2.1 Lack of Taste and High Sugar Content
4.3 Opportunities
4.3.1 Increasing Popularity of Meat Protein Bars
4.3.2 Increasing Awareness and Product Launch for Women's Health
4.3.3 Nutritional Bar to Replace a Meal with High Fiber Ingredients, Cereals, and Carbohydrates
4.4 Challenges
4.4.1 Availability of Substitute Products
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Nutrition Bars Market, By Type
6.1 Introduction
6.2 Fibre Bars
6.3 Meal-Replacement Bars
6.4 Protein Bars
6.5 Snack Bars
6.6 Whole Food Bars
7 Global Nutrition Bars Market, By Flavor
7.1 Introduction
7.2 Chocolate
7.3 Fruits
7.4 Peanut Butter
7.5 Savoury
7.6 Spices
8 Global Nutrition Bars Market, By Nature
8.1 Introduction
8.2 Organic
8.3 Conventional
9 Global Nutrition Bars Market, By Format
9.1 Introduction
9.2 Extruded
9.3 Co-extruded
9.4 Double-Layer
9.5 Multilayer
10 Global Nutrition Bars Market, By Function
10.1 Introduction
10.2 Weight Management
10.3 Sports & Fitness
10.4 Functional Food
10.5 Diabetes
10.6 Others (Antioxidants, Cognitive Health)
11 Global Nutrition Bars Market, By Distribution Channel
11.1 Introduction
11.2 Offline Mode
11.3 Online Mode
12 Americas' Nutrition Bars Market
12.1 Introduction
12.2 Argentina
12.3 Brazil
12.4 Canada
12.5 Chile
12.6 Colombia
12.7 Mexico
12.8 Peru
12.9 United States
12.10 Rest of Americas
13 Europe's Nutrition Bars Market
13.1 Introduction
13.2 Austria
13.3 Belgium
13.4 Denmark
13.5 Finland
13.6 France
13.7 Germany
13.8 Italy
13.9 Netherlands
13.10 Norway
13.11 Poland
13.12 Russia
13.13 Spain
13.14 Sweden
13.15 Switzerland
13.16 United Kingdom
13.17 Rest of Europe
14 Middle East and Africa's Nutrition Bars Market
14.1 Introduction
14.2 Egypt
14.3 Israel
14.4 Qatar
14.5 Saudi Arabia
14.6 South Africa
14.7 United Arab Emirates
14.8 Rest of MEA
15 APAC's Nutrition Bars Market
15.1 Introduction
15.2 Australia
15.3 Bangladesh
15.4 China
15.5 India
15.6 Indonesia
15.7 Japan
15.8 Malaysia
15.9 Philippines
15.10 Singapore
15.11 South Korea
15.12 Sri Lanka
15.13 Thailand
15.14 Taiwan
15.15 Rest of Asia-Pacific
16 Competitive Landscape
16.1 Competitive Quadrant
16.2 Market Share Analysis
16.3 Strategic Initiatives
16.3.1 M&A and Investments
16.3.2 Partnerships and Collaborations
16.3.3 Product Developments and Improvements
17 Company Profiles
17.1 Anona GmbH
17.2 Atkins Nutritional's, Inc.
17.3 Clif Bar & Company
17.4 General Mills, Inc.
17.5 Glanbia PLC
17.6 Halo Foods Ltd.
17.7 Hearthside Food Solutions LLC
17.8 Kellogg Co.
17.9 Mars, Inc.
17.10 Nutrition & Santé SAS
17.11 Otsuka Pharmaceutical Co., Ltd.
17.12 Premier Nutrition Corp.
17.13 Quaker Oats Co.
17.14 QuestNutrition
17.15 SternLife GmbH & Co. KG
17.16 SunOpta Inc.
17.17 The Balance Bar Co.
17.18 The Hershey Co.
17.19 thinkThin LLC
17.20 YouBar Inc.
18 Appendix
18.1 Questionnaire

Companies Mentioned

  • Anona GmbH
  • Atkins Nutritional's, Inc.
  • Clif Bar & Company
  • General Mills, Inc.
  • Glanbia PLC
  • Halo Foods Ltd.
  • Hearthside Food Solutions LLC
  • Kellogg Co.
  • Mars, Inc.
  • Nutrition & Santé SAS
  • Otsuka Pharmaceutical Co., Ltd.
  • Premier Nutrition Corp.
  • Quaker Oats Co.
  • QuestNutrition
  • SternLife GmbH & Co. KG
  • SunOpta Inc.
  • The Balance Bar Co.
  • The Hershey Co.
  • thinkThin LLC
  • YouBar Inc.