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Covid-19 Impact on Nutritional Bar Market | Industry Demand by Forecast to 2023

Market Analysis

Nutritional bars are gaining popularity among the working-class population. The trend is prognosticated to continue over the next couple of years. However, the availability of different substitutes is projected to hold the expansion of the global nutritional bar market in the upcoming years.

Market Research Future (MRFR)’s new study reveals that the global Covid-19 Impact on Nutritional Bar Market is set to strike a moderate growth rate during the forecast period. The increasing awareness about healthy food habits has accelerated the consumption of nutritional bars. Additionally, the changing lifestyle of the population due to urbanization and increased disposable income has intensified the demand for nutritional bars as a meal replacement snack owing to its rich nutritional content.

The key players are endeavouring to introduce flavour innovations along with the addition of healthier ingredients such as omega-3 for capitalizing on the growth opportunities. This, in turn, is expected to catalyse the expansion of the nutritional bar market. The product has gained popularity as a healthy snack among the sports enthusiasts, which is likely to augment the nutritional bar market over the assessment period.

Major Key Players

Some of the key players profiled in this report are Kashi Company (U.S.), Quaker Oats Company (U.S.), Atkins Nutritionals, Inc. (U.S.), Clif Bar & Company. (U.S.), General Mills Inc. (U.S.), Kellogg Co. (U.S.) and Mars Incorporated (U.S.)

Market Segmentation

By type, Covid-19 Impact on Nutritional Bar Market has been segmented into protein bars, meal-replacement bars, snacks bars, whole food bars, and others. Among these, the protein bars segment is currently dominating the market owing to its rich protein content which is highly in demand by the health-conscious consumers. Meanwhile, the meal-replacement bars segment is expected to expand at a relatively higher CAGR over the assessment period.

By flavor, the global nutritional bar industry has been segmented into chocolate, fruits, peanut butter, savory, spices, and others. The chocolate segment holds the pole position at present. The fruits and peanut butter segments are projected to exhibit steady growth through the forecast period.

By distribution channel, the nutritional bar industry has been segmented into store-based and non-store based.

Regional Analysis

By region, the global Covid-19 Impact on Nutritional Bar Market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is one of the largest markets for nutritional bars. The exponential population coupled with the economic growth of the region is expected to drive the growth of the nutritional bar market in the upcoming years. Furthermore, the increasing awareness about healthy food habits is another significant factor responsible for fuelling the demand for nutritional bars in the region.

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North America is an important growth pocket of the global nutritional bar market. The consolidation of the major key players such as Mars, Kellogg, Atkins Nutritionals, etc. is projected to impact the growth of the regional market positively. Furthermore, the shift in consumer behaviour towards a healthy lifestyle is poised to intensify demand in the nutritional bar market. Europe is likely to register a healthy growth over the next couple of years. The growth trajectory of the market is guided by the flavor innovations added to the product portfolios by the key players.

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Nutritional Bar Market Outlook: 2020 The Year On A Positive Note | Atkins Nutritionals, Clif Bar & Company, General Mills, Kellogg, Kashi Company, Quaker Oats, Mars Incorporated

Dataintelo offers a latest published report on Global Nutritional Bar Market industry analysis and forecast 2019–2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. The report contains XX pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

Nutritional Bar Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Nutritional Bar global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2019–2025.

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The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, and PESTLE analysis. The statistics are represented in graphical format for a clear understanding on facts and figures.

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The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders. Secondary research techniques are implemented for better understanding and clarity for data analysis.

The Report Segments for Nutritional Bar Market Analysis & Forecast 2019–2025 are as:
Global Nutritional Bar Market, by Products
Protein Bars
Meal-Replacement Bars
Snacks Bars
Whole Food Bars
Others

Global Nutritional Bar Market, by Applications
Children
Adults
Athlete

The Major Players Reported in the Market Include:
Atkins Nutritionals
Clif Bar & Company
General Mills
Kellogg
Kashi Company
Quaker Oats
Mars Incorporated

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