What is Organic Bar Market Scope?
Organic Bar market is expected to grow in the future due to rising health consciousness among the population and growing demand for on-the-go food products due to the hectic lifestyle. Organic bar is a snack or food that has high nutritive value fortified with multiple vitamins and minerals intended to boost physical energy. It is processed through organic methods, free from GMO and artificial chemicals as per standards set by organic certification bodies. Organic bars are a healthy option as a meal substitute while gyming or for the people who are trying to have bars within a dieting schedule which is boosting the market.
Influencing Trend:
Introduction of Products with Newer Flavors and Ingredients
Market Growth Drivers:
Increased Demand for Organic Food Products and Rising Health Consciousness among the Population and Increasing Fitness Trends Coupled with the Growing Demand for On-the-Go Food Products Due to the Hectic Lifestyle
Challenges:
Intense Competition among the Competitors and Availability of Counterfeit Products
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Food and Beverage Industry Worldwide and Rising Popularity among all Age Groups, especially Sports Persons Making an Opportunity in this Market
The Organic Bar market study is being classified by Type (Energy Bars, Protein Bars, Nutrition Bars, Health Bars, Snack Bars and Breakfast Bars), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Organic Bar market throughout the predicted period.
Clif Bar & Company (United States), General Mills, Inc. (United States), The Kellogg Company (United States), McKee Foods Corporation (United States), Davis Chocolate (United States), Bridgetown Natural Food (United States), Nellson LLC (United States), GlaxoSmithKline Plc. (United Kingdom), Hearthside Food Solutions LLC (United States), Quaker Oats Company (United States), Taos Mountain Energy Foods, LLC (United States) and BumbleBar Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Post Holdings (United States) and QuestNutrition (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Organic Bar market by Type, Application and Region.
On the basis of geography, the market of Organic Bar has been segmented into 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).
Market Influencers and their Development Strategies
In January 2018, Kellogg acquired RxBar of the U.S. with a deal of 600 USD Million. This acquisition is beneficial in providing expansion of product portfolio and business strategy in U.S. regions.
In June 2018, Clif Bar & Company, a leading maker of nutritious and organic foods, today introduced three new products, CLIF Fruit Smoothie Filled Energy Bar, CLIF BAR Sweet & Salty and CLIF Energy Granola, a new food category for the brand.
Key Target Audience
Organic Bar Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and Downstream Vendors
Organic Bar Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Organic Bar Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Organic Bar industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.