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COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Snack Bar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global snack bar market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Snack bars refer to small, lightweight, and condensed rectangular bars that are meant to be consumed on the go. They generally consist of mixed grains, cereals, corn or honey syrup, nuts, vegetable and fruit extracts. Some of the numerous flavors added to these bars include beet, spirulina, red berry, orange, brownie, and peanut butter. Commonly characterized by a slight savory taste, they are a rich source of nutrients, have a high-calorie content, and consist of bioactive compounds and dietary fibers. As a result, they are widely consumed as meal replacement or an instant snack across the globe.

 

 
 

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Snack Bar Market Trends:

The market is primarily driven by the augmenting consumer demand for healthy and convenient snacking options. The rising health awareness among individuals, along with the growing popularity of athletic and sports activities, is further providing an impetus to the market. In line with this, the increasing prevalence of obesity and other lifestyle diseases is providing a boost to the market growth. Additionally, aggressive promotion campaigns conducted by key market players, coupled with heavy investments in collaborations with prominent sports and media personalities, are resulting in a higher product uptake on the global level. The market is also driven by the introduction of snack bars with innovative flavors and ingredients and their easy availability across the online and offline organized retail channels. For instance, market players have introduced snack bars prepared with vegan ingredients with little or no quantity of sugar. Furthermore, rapid urbanization, the shifting dietary preferences among the masses, the launch of targeted-consumer products, and extensive research and development (R&D) activities are some of the other factors supporting the sales of snack bars.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global snack bar market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, ingredient and distribution channel.

Breakup by Product Type:

 

 
 

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  • Cereal Bars
    • Granola/Muesli Bars
    • Others
  • Energy and Nutrition Bars
  • Others
     

Breakup by Ingredient:

  • Nuts
  • Whole Grains
  • Dried Fruits
  • Others
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Associated British Foods plc, Clif Bar & Company, General Mills Inc., Halo Foods Ltd., Mars Incorporated, Nestlé S.A., Ocado Retail Limited, PepsiCo Inc., The Hain Celestial Group Inc., The Kellogg Company and The Simply Good Foods Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Ingredient, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, Associated British Foods plc, Clif Bar & Company, General Mills Inc., Halo Foods Ltd., Mars Incorporated, Nestlé S.A., Ocado Retail Limited, PepsiCo Inc., The Hain Celestial Group Inc., The Kellogg Company and The Simply Good Foods Company.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global snack bar market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global snack bar market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the ingredient?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global snack bar market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Snack Bar Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Cereal Bars
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Granola/Muesli Bars
           6.1.2.2 Others
        6.1.3 Market Forecast
    6.2    Energy and Nutrition Bars
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Ingredient
    7.1    Nuts
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Whole Grains
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Dried Fruits
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Convenience Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Specialty Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Abbott Laboratories
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Associated British Foods plc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Clif Bar & Company
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    General Mills Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Halo Foods Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Mars Incorporated
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 SWOT Analysis
        14.3.7    Nestlé S.A.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Ocado Retail Limited
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    PepsiCo Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    The Hain Celestial Group Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    The Kellogg Company
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    The Simply Good Foods Company
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Snack Bar Market: Major Drivers and Challenges
Figure 2: Global: Snack Bar Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Snack Bar Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Snack Bar Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Snack Bar Market: Breakup by Ingredient (in %), 2021
Figure 6: Global: Snack Bar Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Snack Bar Market: Breakup by Region (in %), 2021
Figure 8: Global: Snack Bar (Cereal Bars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Snack Bar (Cereal Bars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Snack Bar (Energy and Nutrition Bars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Snack Bar (Energy and Nutrition Bars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Snack Bar (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Snack Bar (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Snack Bar (Nuts) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Snack Bar (Nuts) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Snack Bar (Whole Grains) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Snack Bar (Whole Grains) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Snack Bar (Dried Fruits) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Snack Bar (Dried Fruits) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Snack Bar (Other Ingredients) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Snack Bar (Other Ingredients) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Snack Bar (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Snack Bar (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Snack Bar (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Snack Bar (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Snack Bar (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Snack Bar (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Snack Bar (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Snack Bar (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Snack Bar (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Snack Bar (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Snack Bar Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Snack Bar Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Snack Bar Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Snack Bar Industry: SWOT Analysis
Figure 82: Global: Snack Bar Industry: Value Chain Analysis
Figure 83: Global: Snack Bar Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Snack Bar Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Snack Bar Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Snack Bar Market Forecast: Breakup by Ingredient (in Million US$), 2022-2027
Table 4: Global: Snack Bar Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Snack Bar Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Snack Bar Market: Competitive Structure
Table 7: Global: Snack Bar Market: Key Players

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