The global Protein Bars market is valued at 1220 million US$ in 2017 and will reach 1980 million US$ by the end of 2025, growing at a CAGR of 6.2% during 2018-2025.
City of Industry, CA -- (SBWIRE) -- 07/05/2018 -- This report studies the global Protein Bars market status and forecast, categorizes the global Protein Bars market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Protein bars are targeted to people who primarily want a convenient source of protein that doesn't require preparation (unless homemade). There are different kinds of food bars to fill different purposes. Energy bars provide the majority of their food energy (calories) in carbohydrate form. Meal replacement bars are intended to replace the variety of nutrients in a meal.
In 2017, the global Protein Bar consumption market is led by USA and USA is the largest region consumption market, accounting for about 60.14% of global consumption of Protein Bar.
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Protein Bar downstream is wide and recently Protein Bar has acquired increasing significance in various fields of Bodybuilders, Pro/Amateur Athletes and others. Globally, the Protein Bar market is mainly driven by growing demand for Bodybuilders and Pro/Amateur Athletes. Bodybuilders and Pro/Amateur Athletes accounts for nearly 87.22% of total downstream consumption of Protein Bar in global.
Protein Bar can be mainly divided into Low Protein, Medium Protein and High Protein which Medium Protein captures about 49.03% of Protein Bar market in 2017. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Protein Bar.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Protein Bar consumption will show a trend of steady growth. In 2024 the consumption value of Protein Bar is estimated to be 1966.21 million USD. On product prices, the slow downward trend in recent years will maintain in the future.
Protein Bar is still in its early development stage, there is huge development space and market to explore. Investing in this industry is feasible and wise choice.
The global Protein Bars market is valued at 1220 million US$ in 2017 and will reach 1980 million US$ by the end of 2025, growing at a CAGR of 6.2% during 2018-2025.
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The major manufacturers covered in this report
Clif Bar & Company
Eastman
General Mills
The Balance Bar
Chicago Bar Company
Abbott Nutrition
The Kellogg Company
MARS
Hormel Foods
Atkins Nutritionals
NuGo Nutrition
Prinsen Berning
VSI
Atlantic Gruppa
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Low Protein
Medium Protein
High Protein
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Bodybuilders
Pro/Amateur Athletes
Others
About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.