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Energy Bar Market to Grow by USD 891.63 Million during 2021-2025|Key Vendor Insights and Forecasts |Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Mar 09, 2021, 12:00 ET

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NEW YORK, March 9, 2021 /PRNewswire/ -- Technvaio forecast the global energy bar market is expected to grow by USD 891.63 million during 2021-2025 as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 3%.

Energy Bar Market by Product and Geography - Forecast and Analysis 2021-2025
Energy Bar Market by Product and Geography - Forecast and Analysis 2021-2025

For the Right Perspective & Competitive Insights. Make confident decisions using our benchmarks and analysis.  Download Free Sample Report in Minutes

Read the 120-page report with TOC on "Energy Bar Market Analysis Report by Product (Conventional energy bars and Organic energy bars) and Geography (North America, Europe, APAC, South America, and MEA), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/energy-bar-market-industry-analysis

The energy bar market is driven by the increasing demand for sports nutrition. In addition, the rising product innovation in energy bars is anticipated to boost the growth of the energy bar market.

The global sports nutrition industry is witnessing a significant growth rate owing to the expanding consumer base. A balanced diet, including carbohydrates, dietary protein, dietary fat, vitamins, and minerals, fulfills the basic energy requirements of athletes. Due to the expansion of the consumer group, vendors provide personalized solutions to their end-consumers. The energy bars segment is showcasing significant growth in the sports nutrition market. Besides, an increasing number of children are participating in athletic and sports activities, which is contributing to the growth of the global energy bar market. Therefore, the increasing demand for sports nutrition is anticipated to drive the demand for energy bars during the forecast period.

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Major Five Energy Bar Companies:
Abbott Laboratories

Abbott Laboratories operates business through Established Pharmaceuticals Products, Nutritional Products, Diagnostic Products, and Medical Devices. The company offers zone perfect classic bars.

Bearded Brothers LLC
Bearded Brothers LLC operates business through the Unified segment. The company offers a range of vegan, organic, gluten-free, energy bars.

Clif Bar and Co.
Clif Bar and Co. operates business through the Unified segment. The company offers a range of conventional and organic energy bars.

Empact Bars LLC
Empact Bars LLC operates business through the Unified segment. The company offers a range of energy and nutritional bars.

Garuka Bars
Garuka Bars operates business through the Unified segment. The company offers a range of handmade energy bars.

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Energy Bar Market Product Outlook (Revenue, USD Million, 2020-2025)

  • Conventional energy bars - size and forecast 2020-2025
  • Organic energy bars - size and forecast 2020-2025

Energy Bar Market Geographic Outlook (Revenue, USD Million, 2020-2025)

  • North America - size and forecast 2020-2025
  • Europe - size and forecast 2020-2025
  • APAC - size and forecast 2020-2025
  • South America - size and forecast 2020-2025
  • MEA - size and forecast 2020-2025

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About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report Link: https://www.technavio.com/news/energy-bar-market

SOURCE Technavio

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