United States Snack Bar Market Trends and Forecasts Report 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “United States Snack Bar Market - Segmented by Product Type (Cereal Bars, Energy Bars and Other Snack Bars), Ingredient Type, and Geography - Growth, Trends and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The US snack bar market was valued at USD 6,829.38 million in 2017, and is expected to reach USD 8,804.49 million by 2023, registering a CAGR of 4.40%, during the forecast period (2018 - 2023).
Consumer demand for convenient and healthy on-the-go snack options has by-far been the primary attribute for sales of snack bars in the US.
The changing lifestyle of consumers involving the consumption of smaller meals is further leading to the increased consumption of snacks, which is expected to propel the demand for snack bars. Owing to the availability of a wide range of flavours within various snack bar categories, the demand in the US for snack bars grew considerably.
US Snack bar Market Dynamics
The US snack bar consumption has witnessed a spurring increase in demand among consumers, due to appropriate positioning of these products. Currently, the market has snack bar products for every occasion, ranging from energy bar for workout, to fruit or nut bars for fulfilling fruity taste at any point of time.
Consumer preference for clean label ingredients is evidently high. Snack bar has various opportunities within functional ingredients, reduced sugar, savory spins, and plant proteins, which is a fueling factor for the growth of US snack bar market.
Key Topics Covered:
2. US Snack Bar Market Insights
3. US Snack Bar Market Dynamics
4. US Snack Bar Market Segmentation And Analysis
5. US Snack Bar Competitive Landscape
6. US Snack Bar Company ProfilesKellogg’s PepsiCo Inc. Abbott Nutrition Manufacturing Inc. General Mills GlaxoSmithKline PLC Post Holdings KIND Snacks Mars Inc. Cliff Bar & Company Natural Balance Foods Caveman LLC
For more information about this report visit https://www.researchandmarkets.com/research/3cjqfk/united_states?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181107005578/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Snacks and Confectionery
KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/07/2018 09:50 AM/DISC: 11/07/2018 09:50 AM