The pro-diet bars market is expected to register a CAGR of 9% during 2023–2031. The growing number of health-conscious consumers are likely to remain a key trend in the market.
Pro-Diet Bars Market Analysis
- Due to the increasing health awareness among consumers, the pro-diet bars are the fastest-growing segment of the category, with products that tend to be protein-rich, sugar-free and have functional benefits which makes them suitable for use by consumers for dietary supplements and health-oriented individuals.
- The increasing convenience food trends and on-the-go consumption are the major driving factors of the pro-diet bars market. The consumers are looking for convenient and healthy snack options which can be easily consumed on the go.
- Plant-based protein bars are gaining much popularity and extending its market leading position over the forecast period. These bars are prepared from natural ingredients and are targeting the population adapting to the vegan diets
- Flavours and ingredients that go into pro-diet bars are also being innovated to answer to the changing demand from the market.
Pro-Diet Bars Market Overview
- The oat-drinks category is also growing strongly, driven by health, plant-based and functional drinks.
- Oat drinks come in a wide range of flavours and packaging solutions. They are available through retail shops and online stores.
- the market for oats is expected to grow as health benefits of oats and consumers’ inclination towards organic and natural food products is gaining popularity.
- The consumption of oat drinks is increasing by the fact that people are more concerned about what is good for them and vegan diets are becoming more popular.
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Pro-Diet Bars Market Drivers and Opportunities
Increasing Demand for Convenient and On-The-Go Snacking Options
- The pro-diet bars' market is experiencing a rise because, these bars are good for snacks, and are easy to eat on the move.
- These products are targeted at consumers who are becoming more health-conscious and fitness-oriented. These products contain high protein content that is low on sugar and provides functional benefits that are suitable for dietary supplement and health-conscious consumers.
- Pro-diet bars are being fuelled by the health and fitness craze. Consumers are increasingly concerned about their health and fitness, which has led to an increase in demand for nutritional bars. Pro-diet bars, which are usually high in protein, are ideal for people who need to increase their protein intake for muscle building and recovery.
- The convenience factor of pro-diet bars also makes them attractive to consumers. Pro-diet bars are easy to carry in a bag or briefcase, making them perfect for grabbing on the go.
Rising Popularity of Protein-Based Diets and Fitness Trends
- Protein bars with high amounts of protein are perfect for protein-foodies, and consumers adhering to protein-centric diets and fitness practices.
- Due to the increasing health consciousness of consumers, the demand for pro-diet bars is increasing. These days, more and more consumers are becoming concerned about their health, or maybe they are simply trying to stay in shape.
- Pro-diet bars are a balance between a convenient and healthy snack. They prove to be a quick and easy way to supplement your diet with protein, which is vital for muscle growth and repair.
- Higher number of gym goers and people who are active in fitness activities are the one who are driving the market of pro-diet bars as these are being considered as an easy way to get the required number of proteins by them.
Pro-Diet Bars Market Report Segmentation Analysis
Key segments that contributed to the derivation of the pro-diet bars market analysis are deployment type and enterprise size.
- Based on raw material, the pro-diet bars market is divided into whey isolate, soya, pea flour, milk isolate, and others.
- On the basis of sweetener, the market is divided into sorbitol, fructose, dextrose, and others.
- Based on flavour, the market is divided into chocolate, coconut, vanilla, strawberry, and others
- On the basis of distribution channel, the market is divided into retail stores, supermarkets, and E-retailers
Pro-Diet Bars Market Share Analysis by Geography
- Pro-Diet Bars Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering pro-diet bars market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the pro-diet bars market in these regions.
Pro-Diet Bars Market Regional Insights
The regional trends and factors influencing the Pro-Diet Bars Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Pro-Diet Bars Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Pro-Diet Bars Market
Pro-Diet Bars Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 9% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Raw Material
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Market Players Density: Understanding Its Impact on Business Dynamics
The Pro-Diet Bars Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Pro-Diet Bars Market are:
- Nestl
- Glanbia Plc.
- Atlantic Grupa D.D
- Coca-Cola (Odwalla)
- General Mills
- Kelloggs
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Pro-Diet Bars Market top key players overview
Pro-Diet Bars Market News and Recent Developments
The pro-diet bars market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the pro-diet bars market are listed below:
- Nestlé announced an addition in its product portfolio by launching a new range of its YES! snack bars, with each bar containing 10 grams of plant protein from a delicious natural combination of nuts and peas. (Source: Nestlé, Company Website, July 2021)
Pro-Diet Bars Market Report Coverage and Deliverables
The “Pro-Diet Bars Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Pro-diet bars market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Pro-diet bars market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Pro-diet bars market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the pro-diet bars market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The global pro-diet bars market is expected to grow at a CAGR of 9% during the forecast period 2023 - 2031.
The increasing demand for convenient and on-the-go snacking options is one of the major factors driving the pro-diet bars market.
The growing number of health-conscious consumers is anticipated to play a significant role in the global pro-diet bars market in the coming years.
The leading players operating in the pro-diet bars market are Nestlé, Glanbia Plc., Atlantic Grupa D.D, Coca-Cola (Odwalla), General Mills, Kelloggs, Promax Nutrition, Nutrisystem, Mars Incorporated, and Atkins Nutritionals, Inc.
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Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
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The List of Companies
1. Atkins Nutritionals, Inc.
2. Coca-Cola (Odwalla)
3. General Mills
4. Kelloggs
5. Mars, Incorporated
6. Naturell
7. Nestle (PowerBar)
8. Nutrisystem
9. Promax Nutrition
10. Xterra Nutrition