Market Research Future (Food and Beverages) Food Bar Market Research Report by Size, Share | Page 3

Food bar Market Research Report- Forecast till 2023 2 Market Overview Food bars are high in fiber and protein, which includes Energy Bars, Candy Bars, Protein Bars, Oats Bars, and others. They are consumed as a healthy alternative for snacks and are available in different flavors such as Chocolate, Fruits, Savory, Peanut Butter, Spices and others. Among the different food bars, the energy bars are loaded with carbs and sugar mainly used for quick boost during long distance training sessions of an athlete. Whereas protein bars are high in protein content and are best used as a meal replacement. Food bars collectively include Candy Bars, Energy Bars, Protein Bars, Oats Bars and others. The trend of consuming food bars as a snack between the meals is gaining popularity among all age groups, which is a major driving factor of the food bars market. Moreover, changing lifestyle and increasing number of working population is adding fuel to the growth of food bars market. Increasing population of health conscious individuals is propelling the growth of food bars market across the globe. However, availability of a large number of product substitutes in the market may impact the market growth negatively. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 4.2% of food bars market during the forecast period 2017-2023. The global food bar market is segmented into the following regions North America • • • U.S. Canada Mexico Europe • • • • • • Germany France Italy Spain U.K. Rest of Europe Asia Pacific • • • • • China India Australia Japan Rest of Asia Pacific Rest of the world • • • • Brazil Argentina South Africa Others Page | 3 Copyright © 2017 Market Research Future.