Home > Food & Beverages > Nutraceuticals > Protein Supplements > Nutritional Bars Market
Nutritional Bars Market size valued at USD 6.5 billion in 2022 and is poised to exhibit over 5.5% CAGR between 2023 and 2032, driven by the growing health consciouness. Nutritional bars are rich in proteins & omega-3 fatty acids, and low in sugar. Due to their high protein & fiber content nutritional bars are significantly used in dietary supplements and medical treatment.
Consumers becoming more health-conscious and inclined toward wholesome & useful snacking options such as energy bars which in turn drives the market growth. Protein bars are nutrient-dense dietary products that provide extra protein that the body needs. Further, number of health benefits associated with protein bars, as it helps in building blocks for healthy muscles and tissues, repair tissue, weight management, synthesis of enzymes, enhances immune system, and helps in maintaining healthy cholesterol levels.
Report Attribute | Details |
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Base Year: | 2022 |
Nutritional Bars Market Size in 2022: | USD 6.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 11.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 137 |
Segments covered: | Category, Product type, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Protein bars are fantastic alternative to unhealthy snacks. Energy bars are practical, easy to transport, and many have acceptable levels of fat, saturated fat, and sodium. Energy bars offer high-quality protein without the cholesterol and saturated fat of animal protein sources with high-fat content. The market statistics are anticipated to be led by consumers' evolving dietary tastes, changing lifestyles, and increased urbanization.
The nutritional bars market outlook is likely to be further boosted by a favourable prognosis for the consumption of functional foods due to the increased prevalence of cardiovascular diseases and the number of weight control programmes. Because of the ageing populations in Europe, the US, and Japan, customers are looking for different nutritional supplements to improve and preserve their overall health and wellness thus it will foster business demand.