The “Snack Bar Market” report forecast 2019-2024 is a professional and detailed study on the present state also focuses on the major drivers, Snack Bar business strategists and effective growth for the key players. Global Snack Bar Industry also provides granular analysis of the Snack Bar market dynamics, share, segmentation, revenue forecasts and facilitate better decision-making.
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The Europe Snack Bar Market is forecasted to reach USD 3.7 billion by 2024 growing at a CAGR of 4.92% during the forecast period (2019 – 2024). The snack bar market in Europe is benefitting from consumers who prefer convenient, on-the-go meal and snack options. The longer-term rise in snacking on the go and rise in snacking between meals has helped the snack bar market growth in the region. The focus on healthy eating has benefited the market. Snack bars are commonly perceived as a healthier alternative to chocolate or confectionery, but due to product variation, they also enjoy a strong image as a treat. Product innovation has been a key driver, supporting visibility and consumer interest, and helping attract new clients to the market.
Scope of the Report
The scope of the europe snack bar market is segmented by product type as Breakfast Bar, Granola / Muesli Bars, Energy and Nutrition Bars and Fruit Bars. The distribution channel is segmented as hypermarket, supermarkets, convenience stores, online channel, specialist retailers, discounters and others. The preference for breakfast bars has grown tremendously over the years, mainly due to their immense health benefits.With the changing lifestyle of the consumers the demand for nutritional and convinient snack bar is increasing in Europe.
Snack Bar Market by Top Manufacturers:
Analysis and Key Opportunities of Snack Bar Market Report: Extensive analysis of the Global market, by component, helps in understanding the components of the Market that are currently used along with the variants that would gain prominence in the future. Snack Bar market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Key Market Trends
United Kingdom Contributing Maximum Share to the European Energy Bar Market
Kellogg’s is the leading snack bar brand in the United Kingdom, and it has developed several products for its breakfast cereals market, including the child-oriented Frosties bars and Special K bars. Cereal and snack bars cannot be sold in British schools under the guidelines of School Food Trust (SFT). However, schools have started accepting them as part of a packed lunch, which serves as treat for children and gains their attention for the product. Close to half of the English population eat snacks at least once a week. Nearly18% of the adult consumers in the United Kingdom report snacking on-the-go at least once a day. The ongoing public focus on healthy eating has benefited the snack bars market in the country. Snack bars are widely perceived as a healthier alternative to products, like chocolate or confectionery; but due to product variation, they also enjoy a strong image as a treat.
Energy Bar is the Fastest Growing Snack Bar
Energy bars are primarily composed of carbohydrates, with smaller amounts of protein and fat. The high-carbohydrate content provides fuel for muscles, protein helps with muscle repair, and their low-fat/low-fiber formulation makes them easy to digest making them the perfect workout snack. Companies like Kellogg’s have products with high-protein content in snack bars with multiple flavor as well, like caramel pretzel cashew protein, which includes ingredients, such as, soy protein isolate, soluble corn fiber, cashew, palm kernel, soy lecithin, and palm oil among other ingredients. Manufacturers like MioBio Company are also coming up with energy bars with no added sugar, artificial sweetener, preservatives, GMOs, cereals, glutens or dairy products. However, the price of raw materials plays a major hurdle as it keeps changing.
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Some Major Point cover in this Snack Bar report are: –
What will the market growth rate, Overview and Analysis by Type of Snack Bar Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Snack Bar industry?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of Snack Bar?
Who are Opportunities, Risk and Driving Force of Snack Bar Market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
Who are the opportunities and threats faced by the Manufacturers in Snack Bar space? Business Overview by Type, Applications, Gross Margin and Market Share
What are the market opportunities, market risk and market overview of the Snack Bar Market?
No. of Pages: – 90
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Table of Contents included in Snack Bar Market Report –
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user industry
PART 07: Market segmentation by application
PART 08: Geographical Segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
List of abbreviations
List of Exhibits
And Many More….
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