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Global Protein Bar Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Protein Bar Market value is expected to reach $7.83 billion growing at a CAGR of 8.1% during 2022-2028.Protein/nutrition bars are healthy dietary items that give the body the extra protein it needs. The market for these products is rising as consumers' preferences for ready-to-eat (RTE), meal-replacing, and packaged foods expand. A major driving force behind the rising demand for these bars in the international market is the growing understanding of the advantages of health and nutrition bars, including how they can help to build and repair tissue, lower blood pressure, help people lose weight, and other benefits. Consumption of bars as a convenient and healthful snack has increased as a result of consumers' busier lifestyles.
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North America is projected to have the highest CAGR over the forecast period, owing to the growing number of fitness aficionados and the expansion of health clubs, gyms, and fitness training facilities across North America. The American population is concentrating on improving their health, and a diet high in protein is one of the possible strategies to do this. The region's customs of between-meal snacking are thought to be responsible for the emergence of protein-enriched snacks.
Some of the key players profiled in the Protein Bar Market include The Kellogg Company, Mondelez International, General Mills Inc., Amway Corp., The Simply Good Foods Company, The Bountiful Company, GNC Holdings Inc., Glanbia Plc., Clif Bar & Company, POST HOLDINGS INC., Mars, Incorporated, Tom Oliver Nutrition, Abbott, The Balance Bar Company, Caveman Foods LLC.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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