Market Overview:
The global meal replacement 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 convenient food options, especially among millennials. Additionally, the growing awareness about the benefits of meal replacement energy bars is also contributing to the market growth. Based on type, nuts, fruit, vegetable and cereal segment accounted for a major share of the global meal replacement energy bar market in 2017. This segment is expected to continue its dominance during the forecast period owing to their high nutritional value and convenience offered by them. Other types such as dairy products and meat are also gaining popularity among consumers due their health benefits such as weight loss and muscle gain respectively.
Product Definition:
A meal replacement energy bar is a type of food that is meant to be eaten in place of a regular meal. These bars are often high in protein and fiber, and low in sugar and calories. They can be helpful for people who are trying to lose weight or gain muscle mass, as they provide a convenient way to get all of the nutrients that you need without having to prepare a full meal.
Nuts:
Nuts is a combination of dried fruits like almonds, cashews, walnuts. The nutritional value of nuts is much higher than any other dry fruit as they comprise of vitamins and minerals like iron, calcium and zinc along with fiber content which helps in lowering the level of blood cholesterol.
The global market for nuts has witnessed significant growth over the past few years owing to its high nutritional benefits.
Fruit, Vegetable and Cereal:
Fruit, vegetable and cereal are the major raw materials used in manufacturing meal replacement bars. The main function of these ingredients is to add flavor and provide nutrition content to the final product. These raw materials can be sourced from either natural or artificial sources depending on the manufacturer's preference. Natural fruit flavors are produced from extracts of fruits such as apple, orange, banana etc., whereas synthetic flavors are manufactured from chemicals derived either through petrochemicals or biotechnology processes.
Application Insights:
Offline sales dominated the global meal replacement energy bar market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to growing consumer preference for a home-based workout routine and convenience store chains expanding their product offering with various health and wellness related products including protein bars.
The online sales are expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing internet penetration across the globe, especially in developing countries like India, China, Bangladesh & Sri Lanka where e-commerce is booming at an unprecedented rate due to easy availability of products through Amazon and others via online channels. Meal replacement beverages act as an excellent substitute for breakfast because it provides hydration necessary for optimum functioning throughout the day along with nutrient rich ingredients that aid weight loss by keeping metabolism active.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. Increasing number of health-conscious consumers and rising concerns regarding weight management are some of the key factors driving regional growth. Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness about meal replacement products among working professionals as well as college grads, which has resulted in increased demand for these energy bars across this region. Moreover, growing trend of on-the-go lifestyle among young population will also boost product demand further across this region during the forecast period (2018 - 2030).
The Europe market was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing high consumption volume along with changing consumer preferences towards healthy snacks foods that aid weight loss programs across this region will drive regional growth during the estimated time span (2018 - 2030).
Growth Factors:
- Increasing awareness about the benefits of meal replacement energy bars among consumers.
- Rising demand for healthy and nutritious food products among health-conscious consumers.
- Growing popularity of fitness regimes and sports activities among people of all age groups.
- Proliferation of online retail channels that offer a wide variety of meal replacement energy bars at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Meal Replacement Energy Bar Market Research Report
By Type
Nuts, Fruit, Vegetable and Cereal, Other
By Application
Online Sales, Offline Sales
By Companies
Simply Protein, Optimum Nutrition (Glanbia), GoMacro, Rise Bar, LABRADA Nutrition, Clif Bar & Company, Abbott Nutrition, Herbalife, Kellogg, SlimFast (Glanbia), Simply Protein, Quest Nutrition, ffit8, PhD, OPTISLIM, Lvshou, DGI, GYMMAX
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Meal Replacement Energy Bar Market Report Segments:
The global Meal Replacement Energy Bar market is segmented on the basis of:
Types
Nuts, Fruit, Vegetable and Cereal, Other
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
Online Sales, Offline Sales
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:
- Simply Protein
- Optimum Nutrition (Glanbia)
- GoMacro
- Rise Bar
- LABRADA Nutrition
- Clif Bar & Company
- Abbott Nutrition
- Herbalife
- Kellogg
- SlimFast (Glanbia)
- Simply Protein
- Quest Nutrition
- ffit8
- PhD
- OPTISLIM
- Lvshou
- DGI
- GYMMAX
Highlights of The Meal Replacement 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:
- Nuts
- Fruit, Vegetable and Cereal
- Other
- By Application:
- Online Sales
- Offline Sales
- 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 Meal Replacement 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 meal replacement energy bar is a snack or breakfast alternative that provides all the nutrients and calories needed to sustain someone's energy levels until their next meal. These bars are typically made with nuts, seeds, dried fruit, and other healthy ingredients. They are often low in sugar and high in fiber to help keep people feeling full longer.
Some of the major players in the meal replacement energy bar market are Simply Protein, Optimum Nutrition (Glanbia), GoMacro, Rise Bar, LABRADA Nutrition, Clif Bar & Company, Abbott Nutrition, Herbalife, Kellogg, SlimFast (Glanbia), Simply Protein, Quest Nutrition, ffit8, PhD, OPTISLIM, Lvshou, DGI, GYMMAX.
The meal replacement energy bar market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Meal Replacement Energy Bar Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Meal Replacement Energy Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Meal Replacement Energy Bar Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Meal Replacement Energy Bar Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Meal Replacement Energy Bar Market Size & Forecast, 2018-2028
4.5.1 Meal Replacement Energy Bar Market Size and Y-o-Y Growth
4.5.2 Meal Replacement Energy Bar Market Absolute $ Opportunity
Chapter 5 Global Meal Replacement Energy Bar Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Meal Replacement Energy Bar Market Size Forecast by Type
5.2.1 Nuts
5.2.2 Fruit
5.2.3 Vegetable and Cereal
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Meal Replacement Energy Bar Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Meal Replacement Energy Bar Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Meal Replacement Energy Bar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Meal Replacement Energy Bar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Meal Replacement Energy Bar Analysis and Forecast
9.1 Introduction
9.2 North America Meal Replacement Energy Bar Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Meal Replacement Energy Bar Market Size Forecast by Type
9.6.1 Nuts
9.6.2 Fruit
9.6.3 Vegetable and Cereal
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Meal Replacement Energy Bar Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Meal Replacement Energy Bar Analysis and Forecast
10.1 Introduction
10.2 Europe Meal Replacement Energy Bar Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Meal Replacement Energy Bar Market Size Forecast by Type
10.6.1 Nuts
10.6.2 Fruit
10.6.3 Vegetable and Cereal
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Meal Replacement Energy Bar Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Meal Replacement Energy Bar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Meal Replacement Energy Bar Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Meal Replacement Energy Bar Market Size Forecast by Type
11.6.1 Nuts
11.6.2 Fruit
11.6.3 Vegetable and Cereal
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Meal Replacement Energy Bar Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Meal Replacement Energy Bar Analysis and Forecast
12.1 Introduction
12.2 Latin America Meal Replacement Energy Bar Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Meal Replacement Energy Bar Market Size Forecast by Type
12.6.1 Nuts
12.6.2 Fruit
12.6.3 Vegetable and Cereal
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Meal Replacement Energy Bar Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Meal Replacement Energy Bar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Meal Replacement Energy Bar Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Meal Replacement Energy Bar Market Size Forecast by Type
13.6.1 Nuts
13.6.2 Fruit
13.6.3 Vegetable and Cereal
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Meal Replacement Energy Bar Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Meal Replacement Energy Bar Market: Competitive Dashboard
14.2 Global Meal Replacement Energy Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Simply Protein
14.3.2 Optimum Nutrition (Glanbia)
14.3.3 GoMacro
14.3.4 Rise Bar
14.3.5 LABRADA Nutrition
14.3.6 Clif Bar & Company
14.3.7 Abbott Nutrition
14.3.8 Herbalife
14.3.9 Kellogg
14.3.10 SlimFast (Glanbia)
14.3.11 Simply Protein
14.3.12 Quest Nutrition
14.3.13 ffit8
14.3.14 PhD
14.3.15 OPTISLIM
14.3.16 Lvshou
14.3.17 DGI
14.3.18 GYMMAX
