DUBLIN--(BUSINESS WIRE)--The "North America Energy Bar Market - Segmented by Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The North America energy bar market is expected to reach USD 4.4 billion by 2023 at a CAGR of 4.1%, during the forecast period
The North America energy bar volume sale is expected to witness a CAGR of 2.6%, during the forecast period. North America surpassed a volume consumption of 176 million Kg of energy bar in 2016 with US the largest market. Energy and nutrition bar continued its growth during the forecast period.
Energy Bars are the supplement bars composed of cereals and high energy-providing nutrients such as protein, carbohydrates, vitamins, minerals, and other ingredients, which provide instant energy to the body. Energy bar market includes sports nutrition bars and snack bars designated to meet both daily and sports nutrition needs. Growing demand for functional food, indulgence, meal replacement, on-the-go snacking are various factors fueled the Energy Bar market growth.
Rising Demand for Clean Label & Organic in US
Clean label and free-from products leading the way in US which is growing at a faster pace in energy bar market. Energy Bar market size in US grew from USD 2.8 billion in 2014 to over USD 3 billion in 2018. The total snack, nutrition, and energy bar sale in US valued at USD 6.2 billion in 2014, rose 30% from 2009-2014. Natural and organic claim product launch grew 45% in 2016 from previous year in the US.
Major players include - Nestle S.A, Nature's Bounty Co., Kellogg Na Co, Glaxosmithkline Plc, General Mills, Inc., Clif Bar & Company, amongst others.
Key Topics Covered:
2. Research Approach and Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. List of Company Profiles
7. Companies Covered
- General Mills Inc.
- The Kellogg Company
- QuestNutrition LLC
- Probar LLC
- Nutrition Inc. (Pureprotein)
- Clif Bar & Company
- The Gatorade Company
- PowerBar Inc.
- Abbott Nutrition Manufacturing Inc
- Hormel Foods Corporation
- Glaxosmithkline Plc
Nature's bounty Co.
For more information about this report visit https://www.researchandmarkets.com/research/rvrrwl/north_america?w=4