The Snack Bar Market in the U.S. 2018-2023 - Kelloggs and General Mills Dominate the Market - ResearchAndMarkets.com
Aug. 31, 2018
DUBLIN--(BUSINESS WIRE)--Aug 31, 2018--The "United States Snack Bar Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The United States snack bar market is estimated to be valued at USD 6.8 billion by 2023, registering a CAGR of 7%.
Energy and nutrition bars occupy almost one third of the snack bar market the United States, and are consumed widely across the country. The volumetric sales of snack bars are expected to register a CAGR of 2.1% during the forecast period.
Increasing Demand from the Sports Sector
Brands are becoming more specific regarding the type of athletic support they provide, by targeting defined segments of the overall sports experience, from preparation to recovery.Energy and endurance bars maintain blood-glucose levels during exercise, and contain a high concentration of carbohydrates, with typically moderate amounts of protein and fat. Balanced bars have very evenly balanced nutritional profiles, which contain similar proportions of carbohydrates, protein, and fat. Protein bars in the United States are targeted at bodybuilders, to help them achieve their muscle mass and strength goals.
Consumers of sports nutrition products have been bodybuilders and athletes. This trend is changing, as weekend sports enthusiasts and lifestyle users are creating new market opportunities for snacks bar manufacturers.
Key HighlightsGranola Bars are the Leading Snack Bar Type Kelloggs and General Mills Dominate the Market
Key Topics Covered
2. Research Approach and Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company ProfilesAbbott Laboratories Inc. Clif Bar (Luna Bar) General Mills GlaxoSmithKline plc Kellogg Kind Snacks Mars Inc. Natural Balance Foods Nestle United Biscuits (Holdings) plc Weetabix Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/6zf96w/the_snack_bar?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180831005284/en/
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Related Topics:Snacks and Confectionery
KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 08/31/2018 10:23 AM/DISC: 08/31/2018 10:23 AM