Fitness clubs' marketing campaigns for nutritional bars as a meal replacement substitute have skyrocketed sales of these products. The market is expected to grow during the forecast period due to an increase in the number of health clubs and increasing awareness about nutritional bars.
Frequently Asked Questions
The market is segmented based on Segmentation, By Types (Protein Bars, Meal-Replacement Bars, Snacks Bars, Whole Food Bar and Others), Flavour (Chocolate, Fruits, Peanut Butter, Savoury, Spices and Others), Distribution Channel (Store-Based, Non-Store Based) – Industry Trends and Forecast to 2031.
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The Global Nutritional Bar Market size was valued at USD 1.65 USD Billion in 2023.
The Global Nutritional Bar Market is projected to grow at a CAGR of 8.43% during the forecast period of 2024 to 2031.
The major players operating in the market include Cargill ,orporated, ADM, Dupont, Evonik, BASF SE, DSM, Ajinomoto Co. , Novozymes, Chr. Hansen Holding A/S, TEGASA, Nutreco, Kemin Industries , Adisseo, Alltech, Global Nutrition International, Centafarm SRL, Bentoli, Novus International.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.