Global Protein Bar Market Size And Forecast

Aug 2019| VMR1236A| Verified Market Research

Report Highlights

Global Protein Bar Market Size And Forecast

According to Verified Market Research, the Global Protein Bar Market was valued at USD 1.18 Billion in 2018 and is projected to reach USD 1.9 Billion by 2026, growing at a CAGR of 6.23% from 2019 to 2026.
The latest survey on Global Protein Bar Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in the Protein Bar Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Protein Bar Market By Circulating BioMarker, By Application, By End User, By Product & Services, By Clinical Application, By Competitive Landscape, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

Global Protein Bar Market Overview

Nowadays consumers have a preference for foods with health benefits and, at the same time, convenient for consumption, storage, and handling. In this sense, ready-to-eat nutritious products, such as protein bars, are highly appreciated for their convenience. The demand for processed and convenience foods is rapidly increasing owing to the increasing awareness about the health, changing socio-economic needs, and insufficient time to cook food with the correct/ balanced amount of nutrition. This in turn, boost the market for protein bars globally.

At present, consumers are opting for weight management and energy products, such as protein bars to remain fit and healthy in their day to day life. This shift in lifestyle trend acts as driving factor for global protein bar market. On the other hand, recalling of protein bar products owing to various allergies caused by different ingredients present in its composition might hamper the market for protein bars at a global level.

Global Protein Bar Market: Segmentation

The Global Protein Bar Market is segmented on the basis of product, end user and geography. On the basis of product, the market is bifurcated into gluten-free protein bars, vegetarian protein bars, sports nutrition bars and others

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