NEW YORK, Aug. 4, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 806.08 million is expected in the snack bars market in the US during 2020-2024. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the snack bars market in the US in optimistic, probable, and pessimistic forecast scenarios.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Clif Bar & Co., General Mills Inc., Kellogg Co., KIND LLC, Mondelez International Inc., PepsiCo Inc., Quest Nutrition LLC, The Hain Celestial Group Inc., and The Hershey Co. are some of the major market participants. Although the new product launches will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Snack Bars Market in the US 2020-2024: Segmentation
Snack Bars Market in the US is segmented as below:
Snack Bars Market in the US 2020-2024: Vendor Analysis and Scope
Some of the major vendors of the snack bars market in the US in the beverages industry include Abbott Laboratories, Clif Bar & Co., General Mills Inc., Kellogg Co., KIND LLC, Mondelez International Inc., PepsiCo Inc., Quest Nutrition LLC, The Hain Celestial Group Inc., and The Hershey Co. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
Snack Bars Market in the US size
Snack Bars Market in the US trends
Snack Bars Market in the US industry analysis
The increasing demand for plant-based snack bars is likely to emerge as one of the primary trends in the market. However, the rising competition from alternatives may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research report on the snack bars market in the US is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Consumer Staples Include: Global Energy Bar Market - Global energy bar market is segmented by product (conventional energy bars and organic energy bars) and geography (North America, Europe, APAC, South America, and MEA). Download Exclusive Free Sample Report
Global Granola Bars Market - Global granola bars market is segmented by product (conventional and organic), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and MEA). Download Exclusive Free Sample Report
Snack Bars Market in the US 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist snack bars market growth during the next five years
Estimation of the snack bars market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the snack bars market in US
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of snack bars market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Energy and nutrition bars - Market size and forecast 2019-2024
Granola bars - Market size and forecast 2019-2024
Breakfast bars - Market size and forecast 2019-2024
Other snack bars - Market size and forecast 2019-2024
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
Market segmentation by distribution channel
Comparison by distribution channel
Offline distribution - Market size and forecast 2019-2024
Online distribution - Market size and forecast 2019-2024
Market opportunity by distribution channel
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Rising demand for on-the-go breakfast options
Increasing demand for plant-based snack bars
Growing popularity of private-label brands
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
Market positioning of vendors
Clif Bar & Co.
General Mills Inc.
Mondel?z International Inc.
Quest Nutrition LLC
The Hain Celestial Group Inc.
The Hershey Co.
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.