Example Lucozade Sport Energy Bar. Summary of Key Findings One-hundred-and-forty-four respondents agreed to participate in this 19-question survey. Page 3 Introduction …… Page 4 Research Methodology …. TechSci Research analysed product type, distribution channel and regional presence of all major energy bars suppliers the country. The companies include The WhiteWave Foods Co.
Athletes tend to be consistent in consumption and their activity level. Furthermore, the protein bar market report includes the overall market size, dynamics and Y-o-Y growth that are witnessed in the protein bar market. Nutritional benefits from protein bars is another demand factor for consumers with more health consciousness. The low protein segment is the second most popular with a revenue share slightly over a third in the protein bar market in 2017. The report focuses on the largest countries in each region making it easier for key stakeholders who wish to target only certain high-growth nations in the protein bar market.
Research Objective Power Bar would like to know if expanding the flavors it offers would increase its sales. The flavors listed among their first, second, and third favorite flavors most often were Peanut Butter 46. Determining why customers consume Power Bar bars and how the brand can increase market share. If Power Bar wants to increase its market share and maintain its relevance, it must seek to increase its value proposition among its followers. More than one-half of the Power Bar eaters 52. Those who used five or more nutritional bars in the last 30 days are 36 percent more likely than average to be in the 18- to 24-year-old age group and 32 percent more likely to be in the 35- to 44-year-old age group.
With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch. One of the key reasons for the increasing demand of sports and nutrition bars is the product repositioning of such products by their manufacturers. Every region has a dedicated section where the report highlights revenue statistics on the basis of the taxonomy. The projections featured in the report have been derived using proven research methodologies and assumptions. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. Each 150 calorie bar delivers 10g of protein and 5g of fiber, while remaining a gluten-free product.
The has shown rapid growth as it is aided by an increased desire among consumers as it serves not only sports athletes but also individuals who look for wholesome foodstuffs that do not require to be cooked. The Chocolate Peanut Butter flavor was purchased more than any other flavor. The forecast has been provided for the entire decade to allow readers to gain a thorough understanding of the protein bar market. Explore Report Sample at: The developed countries such as the U. Regarding the frequency of eating Power Bars, eight of 62 12.
Why is creating a clean bar so important to Kavanagh? North America Protein Bar Market Accounts for Highest Market Share North America protein bar market is almost in saturating phase, whereas Europe and Asia-Pacific markets are getting high pace in both production and consumption. The bars are available in Chocolate Almond Brownie, Chunky Chocolate Peanut, Salted Caramel, Honey Drizzle Peanut and Cinnamon Bun White Chocolate. The demand for bars with organic ingredient has grown significantly, especially in the developed countries. The ingredients are organic and whole grain that is offered in simple flavors like Chocolate Brownie. This website requires certain cookies to work and uses other cookies to help you have the best experience. The competitive dynamic within the category continues to shift; once dominated by breakfast cereal brands, a range of brands from adjacent snack categories have moved into snack bars in a bid to increase their better-for-you portfolios.
On the basis of nature, the market is segmented into organic and conventional. Athletes are often concerned with the specific ingredients, not wanting wheat or lots of sugars but high in protein. Market Key Players: Some of the key players in energy bars Market are PowerBar, Inc. Energy bars are supplemental bars containing cereals and other high energy foods targeted at people who require quick energy but do not have time for a meal. As the gluten-free market continues to grow, so does consumer perception of gluten-free products.
The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. On the basis of flavors, the market is segmented into fruit flavor, chocolate flavor, nut flavor, and mixed flavors. This has spurred new players to enter the protein bar market with all guns blazing. Organic Energy Bar Sales, Revenue, Price and Gross Margin 2012-2017 9. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective energy bars providers to arrive at the overall market size. The protein bar market has been studied with an equal emphasis on both developed and emerging economies in the world. The promotion strategy was to display the performance nutrition of their bars.