North American Energy Bar Market Analysis 2022-2026: 75% of the Growth Rate will Develop From the US
The energy bar market share in North America is set to grow by USD 1.09 billion, accelerating at a CAGR of 4.64% during the forecast period. Technavio's research report analyses the growth trajectory of the market with a purview of prevalent market scenarios. It provides a detailed analysis of all the trends, drivers, and challenges that will impact the market during the forecast period.
The report also offers a breakdown of all the regional players and their market share along with the best-performing segments. This detailed analysis will help businesses to identify areas of high growth as well as those with significant growth potential.
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Energy Bar Market In North America: The US to lead market growth during the forecast period
- The energy bar market in North America is segmented by distribution channel (offline and online) and geography (US, Canada, and Mexico).
- The energy bar market growth in North America by the offline segment will be significant during the forecast period. The wide prevalence of organized retail will drive the growth of the market through offline channels.
- 75% of the market's growth will originate from the US during the forecast period. US, Canada, and Mexico are the key markets for energy bars in North America.
- The significant increase in the demand for sports nutrition due to rising interest in health, fitness, and wellbeing will facilitate the energy bar market growth in the US.
- The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the energy bar market size in North America.
Energy Bar Market In North America: Market Dynamics
- The increasing demand for sports nutrition is notably driving the energy bar market growth in North America.
- increasing sales of energy bars through online retailing is the major energy bar market trend in North America which will positively influence the growth of the market.
- easy availability of substitutes such as protein bars, cereal bars, and granola bars are the key challenge for the market vendors
Energy Bar Market In North America: Vendor Landscape
The market is fragmented due to the presence of several players. Some of the major energy bar market vendors in North America are:
- Clif Bar and Co.
- General Mills inc.
- Kellogg Co.
- Mars inc.
- McKee Foods
- NuGo Nutrition
- PepsiCo inc.
- Post Holdings inc.
- Probar LLC
- Simply Good Foods USA inc.
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Also, know more about the exclusive France Energy Bar Market and get more insights into exact growth variance and the Y-O-Y growth rate
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 4.64%.
- What is the incremental growth of the market?
The market is expected to grow by $ 1.09 bn through 2022-2026.
- What is a key factor driving this market?
Increasing demand for sports nutrition will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
US, Canada, and Mexico are the key regions featured in this research report.
- Which is the leading geographic region for this market:
75% growth will originate from US
- Who are the leading market vendors?
The leading vendors in this market are Clif Bar and Co., General Mills Inc., Kellogg Co., Mars Inc., McKee Foods, NuGo Nutrition, PepsiCo Inc., Post Holdings Inc., Probar LLC, and Simply Good Foods USA Inc.
- What are the market segments covered in this report?
The market is segmented by Distribution Channel (Offline and Online) and Geography (US, Canada, and Mexico).
Market Segmentation by Distribution Channel
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- Energy Bar Market In North America Split by Distribution Channel
- Energy Bar Market In North America Split by Geography
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Clif Bar and Co.
- General Mills Inc.
- Kellogg Co.
- Mars Inc.
- McKee Foods
- NuGo Nutrition
- PepsiCo Inc.
- Post Holdings Inc.
- Probar LLC
- Simply Good Foods USA Inc.