Market Overview:
The global vegan baked snack bar market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of veganism, rising demand for healthy and convenient snacks, and growing number of vegan consumers. Based on type, the global vegan baked snack bar market is segmented into fruits, nuts, and others. The fruits segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to increasing demand for healthy snacks that are also convenient and easy-to-eat. Based on application, the global vegan baked snack bar market is divided into convenience stores, supermarkets/hypermarkets, online stores, specialty stores,, and other applications such as foodservice establishments and schools/colleges & universities campuses).
Product Definition:
A vegan baked snack bar is a food item that is made without any animal products. This means that the bar will not contain any meat, dairy, or eggs. The purpose of a vegan baked snack bar is to provide a healthy and convenient snack option for people who follow a vegan lifestyle.
Fruits:
Fruits are rich in nutrients and they help to boost immunity. Fruits also contain fiber, which is essential for good health. Increasing awareness about the benefits of fruits has increased their demand over the world.
Nuts:
Nuts and it's usage in the vegan baked snack bar market is a new concept. Nuts have been used as a food product for many years, but their use has expanded over the past decade to include several non-food applications such as cosmetics, oils, and fragrances. The global nut industry was valued at USD 12 billion in 2014 and is expected to grow at an estimated CAGR of XX% from 2015 to 2022.
Application Insights:
The vegan baked snack bar market is segmented on the basis of application into convenience stores, supermarkets/hypermarkets, online stores and specialty stores. Convenience store was the largest application segment in 2017 owing to increasing consumer preference for on-the-go products. Moreover, manufacturers are entering into a partnership with convenience store chains which will help them reach a wider customer base. For instance, in April 2018 Mondel„“z partnered with 7-Eleven to launch ¢â‚¬Å“DELI¢â‚¬ brand snacks including veggie dogs and beef jerky at over 1,500 locations across America. This partnership is expected to drive growth of vegan baked snack bars in convenience stores over the next few years.
Regional Analysis:
North America was the largest market, accounting for more than 35.0% share of global revenue in 2017. The vegan population in U.S is growing rapidly on account of rising awareness about animal cruelty and food allergies among millennials and Generation Z-ers, which has resulted into increased demand for plant-based products over the past few years. Furthermore, increasing number of vegan cafes and restaurants across major cities is expected to open new avenues for these bars over the next eight years.
Asia Pacific is projected to be one of the fastest growing markets with a CAGR exceeding 6% from 2018 to 2030 owing to increasing health consciousness among consumers along with rising disposable income levels in developing countries including China and India after 2020 as per World Bank Group’s estimates will have a positive impact on industry growth over the forecast period.
Growth Factors:
- Increasing awareness about the health benefits of veganism and plant-based diets.
- Growing demand for healthier snack options, especially among millennials and Gen Z consumers.
- Rising popularity of vegan food bloggers and cookbooks, which has helped to make veganism more mainstream.
- The increasing number of people who identify as flexitarians or vegetarians, many of whom are looking for more plant-based snack options.
- The growing trend toward sustainable living, which has led to increased interest in environmentally friendly products like vegan baked snacks bars
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegan Baked Snack Bar Market Research Report
By Type
Fruits, Nuts, Others
By Application
Convenience stores, Supermarkets/Hypermarkets, Online stores, Specialty stores, Other
By Companies
BHU Foods, Clif Bar, Larabar, NuGo Nutrition, ProBar, GoMacro, Vans, Enjoy life, Nature’s Bakery, Kashi
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Vegan Baked Snack Bar Market Report Segments:
The global Vegan Baked Snack Bar market is segmented on the basis of:
Types
Fruits, Nuts, 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
Convenience stores, Supermarkets/Hypermarkets, Online stores, Specialty stores, Other
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:
- BHU Foods
- Clif Bar
- Larabar
- NuGo Nutrition
- ProBar
- GoMacro
- Vans
- Enjoy life
- Nature’s Bakery
- Kashi
Highlights of The Vegan Baked Snack 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
- Nuts
- Others
- By Application:
- Convenience stores
- Supermarkets/Hypermarkets
- Online stores
- Specialty stores
- Other
- 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 Vegan Baked Snack 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
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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 vegan baked snack bar is a type of food that is made from plant-based ingredients and typically contains nuts, seeds, dried fruit, and/or chocolate. They are often easy to make and can be eaten as a snack or as part of a meal.
Some of the major companies in the vegan baked snack bar market are BHU Foods, Clif Bar, Larabar, NuGo Nutrition, ProBar, GoMacro, Vans, Enjoy life, Nature’s Bakery, Kashi.
The vegan baked snack 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 Vegan Baked Snack 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 Vegan Baked Snack Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vegan Baked Snack 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 Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size & Forecast, 2018-2028
4.5.1 Vegan Baked Snack Bar Market Size and Y-o-Y Growth
4.5.2 Vegan Baked Snack Bar Market Absolute $ Opportunity
Chapter 5 Global Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size Forecast by Type
5.2.1 Fruits
5.2.2 Nuts
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size Forecast by Applications
6.2.1 Convenience stores
6.2.2 Supermarkets/Hypermarkets
6.2.3 Online stores
6.2.4 Specialty stores
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vegan Baked Snack 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 Vegan Baked Snack 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 Vegan Baked Snack Bar Analysis and Forecast
9.1 Introduction
9.2 North America Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size Forecast by Type
9.6.1 Fruits
9.6.2 Nuts
9.6.3 Others
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 Vegan Baked Snack Bar Market Size Forecast by Applications
9.10.1 Convenience stores
9.10.2 Supermarkets/Hypermarkets
9.10.3 Online stores
9.10.4 Specialty stores
9.10.5 Other
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 Vegan Baked Snack Bar Analysis and Forecast
10.1 Introduction
10.2 Europe Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size Forecast by Type
10.6.1 Fruits
10.6.2 Nuts
10.6.3 Others
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 Vegan Baked Snack Bar Market Size Forecast by Applications
10.10.1 Convenience stores
10.10.2 Supermarkets/Hypermarkets
10.10.3 Online stores
10.10.4 Specialty stores
10.10.5 Other
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 Vegan Baked Snack Bar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size Forecast by Type
11.6.1 Fruits
11.6.2 Nuts
11.6.3 Others
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 Vegan Baked Snack Bar Market Size Forecast by Applications
11.10.1 Convenience stores
11.10.2 Supermarkets/Hypermarkets
11.10.3 Online stores
11.10.4 Specialty stores
11.10.5 Other
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 Vegan Baked Snack Bar Analysis and Forecast
12.1 Introduction
12.2 Latin America Vegan Baked Snack 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 Vegan Baked Snack Bar Market Size Forecast by Type
12.6.1 Fruits
12.6.2 Nuts
12.6.3 Others
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 Vegan Baked Snack Bar Market Size Forecast by Applications
12.10.1 Convenience stores
12.10.2 Supermarkets/Hypermarkets
12.10.3 Online stores
12.10.4 Specialty stores
12.10.5 Other
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) Vegan Baked Snack Bar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vegan Baked Snack 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) Vegan Baked Snack Bar Market Size Forecast by Type
13.6.1 Fruits
13.6.2 Nuts
13.6.3 Others
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) Vegan Baked Snack Bar Market Size Forecast by Applications
13.10.1 Convenience stores
13.10.2 Supermarkets/Hypermarkets
13.10.3 Online stores
13.10.4 Specialty stores
13.10.5 Other
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 Vegan Baked Snack Bar Market: Competitive Dashboard
14.2 Global Vegan Baked Snack Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BHU Foods
14.3.2 Clif Bar
14.3.3 Larabar
14.3.4 NuGo Nutrition
14.3.5 ProBar
14.3.6 GoMacro
14.3.7 Vans
14.3.8 Enjoy life
14.3.9 Nature’s Bakery
14.3.10 Kashi
