Market Overview:
The global fortified energy bar market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and nutritious snacks, rising awareness about the benefits of fortified energy bars, and growing urbanization. Based on type, the global fortified energy bar market is segmented into fruits, cereal, nut and seeds, sweeteners, others (including chocolate-based bars), and protein bars. The cereal-based segment is expected to dominate the global fortified energy bar market in terms of revenue share during the forecast period. This can be attributed to factors such as rising consumer preference for convenient breakfast options and increasing demand for healthy snack foods. Based on application, the global fortified energy bar market is segmented into proteins bars; fat or calorie-controlled bars; carbohydrate or fiber-rich bars; mineral or vitamin-enriched bars; and others (including organic/natural/raw). The proteinbars segment accounted for majority share of revenue in 2017 owingto high demand from health conscious consumers across all regions.
Product Definition:
A fortified energy bar is a food item that has been enhanced with additional vitamins, minerals, or other nutrients. The purpose of a fortified energy bar is to provide the body with an extra boost of energy and nutrition.
Fruits:
Fruits are rich in vitamins, minerals and fiber. They contain phytochemicals which have antioxidant properties. Fruits are used as fortification in the manufacturing of energy bars on account of their high vitamin C content. Fortified energy bars usually comprise dried fruit (apricots, prunes), dates or figs and nuts (almonds, walnuts). The growing trend for healthy snacking is expected to boost market growth over the next seven years.
Cereal:
Cereal is a breakfast food that consists of small pieces of dry cereal grains, such as rice or wheat. The grain-based food group is called cereals and the product made from these grains is called cereal bar or flakes. Fortified energy bars are gaining popularity in the market owing to their high nutritional value and easy to carry convenience.
Application Insights:
Proteins accounted for the largest share of over 40.0% in 2017 and are expected to witness significant growth over the forecast period. Protein-rich fortified energy bars help in muscle repair and recovery after workout, thereby promoting lean muscle growth. Furthermore, increasing demand for protein-based snacks among athletes is expected to drive segment growth during the forecast period.
Carbohydrates remain an important component of any diet plan as they provide quick energy sources required by people throughout their day without making them feel hungry soon afterwards (as seen with other forms).
Regional Analysis:
Asia Pacific dominated the global fortified energy bar market in 2017. The region is expected to witness a significant gain in revenue share over the forecast period owing to growing health concerns among consumers and increasing disposable income. Furthermore, rising awareness regarding nutritional enrichment products is projected to drive demand for fortification bars over the coming years.
Europe accounted for more than 25% of global market share in 2017 owing to high consumer awareness about fortified foods and beverages along with rising health consciousness among people living there. Increasing R&D activities on natural ingredients used as additives will boost product demand over the forecast period.
North America also held a considerable volume of shares due to growing consumer preference toward healthy snacks from major manufacturers such as Kellogg's Company; General Mills Inc.; Post Holding Inc.; Cargill, Inc.; Tyson Food Inc.
Growth Factors:
- Increasing demand for healthy and nutritious snacks
- Rising awareness about the benefits of fortified energy bars
- Growing popularity of fitness regimes and sports activities
- Proliferation of online retail channels
- Innovative product offerings
Scope Of The Report
Report Attributes
Report Details
Report Title
Fortified Energy Bar Market Research Report
By Type
Fruits, Cereal, Nut And Seeds, Sweeteners, Others,
By Application
Proteins, Fat, Carbohydrates, Minerals, Others,
By Companies
Clif Bar & Company (U.S.), General Mills Inc. (U.S.), Kellogg Company (U.S.), Atkins Nutritionals, Quest Nutrition LLC (U.S.), McKee Foods Corporation (U.S.), Quaker Oats Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Fortified Energy Bar Market Report Segments:
The global Fortified Energy Bar market is segmented on the basis of:
Types
Fruits, Cereal, Nut And Seeds, Sweeteners, Others,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Proteins, Fat, Carbohydrates, Minerals, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Clif Bar & Company (U.S.)
- General Mills Inc. (U.S.)
- Kellogg Company (U.S.)
- Atkins Nutritionals
- Quest Nutrition LLC (U.S.)
- McKee Foods Corporation (U.S.)
- Quaker Oats Company
Highlights of The Fortified Energy Bar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fruits
- Cereal
- Nut And Seeds
- Sweeteners
- Others
- By Application:
- Proteins
- Fat
- Carbohydrates
- Minerals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fortified Energy Bar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fortified energy bar is a type of snack food that is made with whole grains, nuts, and other healthy ingredients. These bars are designed to provide lasting energy throughout the day.
Some of the major players in the fortified energy bar market are Clif Bar & Company (U.S.), General Mills Inc. (U.S.), Kellogg Company (U.S.), Atkins Nutritionals, Quest Nutrition LLC (U.S.), McKee Foods Corporation (U.S.), Quaker Oats Company.
The fortified energy bar market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fortified Energy Bar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fortified Energy Bar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fortified Energy Bar Market - Supply Chain
4.5. Global Fortified Energy Bar Market Forecast
4.5.1. Fortified Energy Bar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fortified Energy Bar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fortified Energy Bar Market Absolute $ Opportunity
5. Global Fortified Energy Bar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fortified Energy Bar Market Size and Volume Forecast by Type
5.3.1. Fruits
5.3.2. Cereal
5.3.3. Nut And Seeds
5.3.4. Sweeteners
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fortified Energy Bar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fortified Energy Bar Market Size and Volume Forecast by Application
6.3.1. Proteins
6.3.2. Fat
6.3.3. Carbohydrates
6.3.4. Minerals
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fortified Energy Bar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fortified Energy Bar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fortified Energy Bar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fortified Energy Bar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fortified Energy Bar Demand Share Forecast, 2019-2026
9. North America Fortified Energy Bar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fortified Energy Bar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fortified Energy Bar Market Size and Volume Forecast by Application
9.4.1. Proteins
9.4.2. Fat
9.4.3. Carbohydrates
9.4.4. Minerals
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fortified Energy Bar Market Size and Volume Forecast by Type
9.7.1. Fruits
9.7.2. Cereal
9.7.3. Nut And Seeds
9.7.4. Sweeteners
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fortified Energy Bar Demand Share Forecast, 2019-2026
10. Latin America Fortified Energy Bar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fortified Energy Bar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fortified Energy Bar Market Size and Volume Forecast by Application
10.4.1. Proteins
10.4.2. Fat
10.4.3. Carbohydrates
10.4.4. Minerals
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fortified Energy Bar Market Size and Volume Forecast by Type
10.7.1. Fruits
10.7.2. Cereal
10.7.3. Nut And Seeds
10.7.4. Sweeteners
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fortified Energy Bar Demand Share Forecast, 2019-2026
11. Europe Fortified Energy Bar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fortified Energy Bar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fortified Energy Bar Market Size and Volume Forecast by Application
11.4.1. Proteins
11.4.2. Fat
11.4.3. Carbohydrates
11.4.4. Minerals
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fortified Energy Bar Market Size and Volume Forecast by Type
11.7.1. Fruits
11.7.2. Cereal
11.7.3. Nut And Seeds
11.7.4. Sweeteners
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fortified Energy Bar Demand Share, 2019-2026
12. Asia Pacific Fortified Energy Bar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fortified Energy Bar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fortified Energy Bar Market Size and Volume Forecast by Application
12.4.1. Proteins
12.4.2. Fat
12.4.3. Carbohydrates
12.4.4. Minerals
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fortified Energy Bar Market Size and Volume Forecast by Type
12.7.1. Fruits
12.7.2. Cereal
12.7.3. Nut And Seeds
12.7.4. Sweeteners
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fortified Energy Bar Demand Share, 2019-2026
13. Middle East & Africa Fortified Energy Bar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fortified Energy Bar Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fortified Energy Bar Market Size and Volume Forecast by Application
13.4.1. Proteins
13.4.2. Fat
13.4.3. Carbohydrates
13.4.4. Minerals
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fortified Energy Bar Market Size and Volume Forecast by Type
13.7.1. Fruits
13.7.2. Cereal
13.7.3. Nut And Seeds
13.7.4. Sweeteners
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fortified Energy Bar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fortified Energy Bar Market: Market Share Analysis
14.2. Fortified Energy Bar Distributors and Customers
14.3. Fortified Energy Bar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Clif Bar & Company (U.S.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Mills Inc. (U.S.)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kellogg Company (U.S.)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Atkins Nutritionals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Quest Nutrition LLC (U.S.)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. McKee Foods Corporation (U.S.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Quaker Oats Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
