Market Research Future (Food and Beverages) Organic Energy Bar Market Research Report | Page 3

Organic Energy Bar Market Research Report- Forecast to 2023 2 Market Overview Energy bars are considered to be as supplemented bars which contain high quality cereal, dry fruits and other fruits. Energy bar targets people who need quick energy. Energy bar provides various type of protein, fat and carbohydrates. Organic energy bar is prepared and processed without synthetic fertilizers or pesticides and do not contain any artificial flavors, colors or preservatives. Due to increasing health consciousness in people in both developed and developing economies, the demand for organic energy bars is increasing. The global organic energy bar market is anticipated to be driven by the increasing awareness of synthetic fertilizers, artificial flavor, and color. Also, sports nutrition industry is expected to play a significant role in the growth of organic energy bar market during the forecast period. Additionally, the advancement in product development coupled with the technological advancements is considered to be one of the significant reasons for the increasing growth of organic energy bar market during the review period of 2017-2023. Due to busy lifestyles, consumers are looking for convenient food products which fulfil replenish the nutrient requirement of the body. This will, in turn, escalate the sales of organic energy bar in the upcoming decade. Regional Analysis: Global organic energy bar Market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, North America is estimated to retain its dominance throughout the forecast period of 2017- 2023. This is attributed to the increasing awareness of the healthy food habits and increasing disposable income of consumers. Also, new flavors and various innovative products are introduced by key players in the North American region which is playing a major role to upsurge the sales of organic energy bar in the recent time. Europe is estimated to account for above 25% of market proportion during the review period of 2017-2023. However, Asia Pacific region is estimated to witness a maximum growth in the global organic energy bar market during the forecast period of 2017-2023. Page | 3 Copyright © 2017 Market Research Future.