AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Meal Replacement Bars market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Meal Replacement Bars market to grow at a CAGR of %.
The Ingredients, such as Organic, is boosting the Meal Replacement Bars market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End-User, such as Athletes, is boosting the Meal Replacement Bars market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Meal Replacement Bars market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Changing Diets and Rising Income Levels Influencing Food Choices and Increased demand for Healthy Ready-To-Eat Meal Options.
Meal replacement bars are designed to mimic a low-calorie meal or snack and to be easy and quick to consume. People nowadays are opting for meal replacement bars since they literally replace a meal and can be consumed in less amount of time. These are preferred by athletes, or by those trying to lose weight or as a snack during long meetings in the office. The rising number of obese people worldwide and changing dietary patterns is fuelling demand for ready-to-eat options that have high nutritional value.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Meal Replacement Bars market by Type (Protein Bar and Energy Bar) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market