According to MarkNtel Advisors study the Global Energy Bar Market is projected to grow at a CAGR of around 5.6% during the forecast period, i.e., 2023-28.
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Scope of the Report and Energy Bar Market Segmentation:
By Type
- Protein Bar
- Nutrition Bar
- Cereal Bar
- Fiber Bar
By Nature
- Organic
- Conventional
By Distribution Channel
- Hypermarket & Supermarket
- Convenience Stores
- Speciality Stores
- Online Sales Channel
Among all, Nutrition Bar is anticipated to attain the fastest growth in the Global Energy Bar Market during the forecast period.
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Energy Bar Market Development:
- In January 2021, Clif Bar & Company unveiled a new thin and crispy energy snack bar, namely CLIF BAR Thins. The product is organic and plant-based, contain 100 calories with 5 g of sugar, and comes in three flavours chocolate peanut brownie, chocolate chip, and white chocolate macadamia nut.
Geographical Analysis:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Here, North America demonstrated notable market growth during the historical period and is anticipated to prevail in the same trend during the forecast period.
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