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Nutritional Bars Market Trends

Report ID: GMI5644
Published Date: May 2023
Report Format: PDF

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Nutritional Bars Market Trends

The prominence of busy consumer lifestyles that lead to on-the-go food consumption has fueled the global nutritional bars market. Additionally, consumers who favor a well-balanced diet rich in nutrients are becoming more concerned about their health, which has increased product demand. In addition, a rise in the quantity of health awareness campaigns highlighting the value of wellness and a nutritious diet has affected the world's consumption of nutritional bars.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of nutritional bars was surpassed USD 6.5 billion in 2022 and is estimated to grow at over 5.5% CAGR from 2023 to 2032, due to increased health consciousness and rising uptake of dietary supplements.

The specialty stores segment is anticipated to record a decent valuation by 2032, given the availability of a varied range of products across these settings.

Asia Pacific nutritional bars industry garnered USD 773 million in revenue in 2022 due to changing dietary preferences and growing consumer inclination toward food items with rich nutritional composition.

Notable players in this industry include General Mills, Inc., Ajinomoto Co., Inc., Cargill Incorporated, Mondelez International, Glanbia Plc, HEALTHY BARS, ADM, Global Nutrition International, The Simply Good Foods Company, The Kellogg Company.