India Nutritional Bars Market to Grow with a CAGR of 10.04% through 2030
The India Nutritional Bars
market is experiencing rapid growth driven by increasing health consciousness
and busy lifestyles. Key players innovate with diverse flavors and functional
ingredients, catering to varied dietary needs, fueling market expansion.
According
to TechSci Research report, “India Nutritional Bars Market – By Region, Competition,
Forecast & Opportunities, 2030F”, the India Nutritional Bars market stood
at USD 18.34 million in 2024 and is anticipated to grow USD 32.46 million by
2030 with a CAGR 10.04% during
forecast period. The India
nutritional bars market has witnessed significant growth in recent years,
driven by a rising health consciousness among consumers, increasing
urbanization, and a growing preference for convenient and on-the-go snack
options. Nutritional bars, often marketed as health bars, protein bars, or
energy bars, are perceived as nutritious alternatives to traditional snacks,
catering to the needs of busy lifestyles. The market is characterized by a
diverse range of products, including protein-rich bars, meal replacement bars,
and snack bars, each designed to meet different dietary needs and preferences.
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" India Nutritional Bars Market”
One
of the primary factors propelling the growth of the nutritional bars market in
India is the increasing awareness of health and wellness. As lifestyle-related
health issues, such as obesity and diabetes, become more prevalent, consumers
are seeking healthier food options. Nutritional bars, with their high protein
content and essential vitamins and minerals, appeal to fitness enthusiasts,
athletes, and health-conscious individuals. The rise of fitness culture, with
more people engaging in gym workouts, yoga, and outdoor sports, has also
contributed to the demand for protein and energy bars as essential supplements
to enhance performance and recovery.
Urbanization
plays a crucial role in shaping consumer preferences in the nutritional bars
market. As more people move to urban areas, the fast-paced lifestyle leaves
little time for traditional meal preparation. This shift has led to an
increased demand for convenient food options that are portable, easy to
consume, and can be eaten on the go. Nutritional bars fit this need perfectly,
providing a quick source of energy and nourishment that aligns with busy
schedules. Moreover, the growing influence of digital media and e-commerce
platforms has facilitated access to a wider variety of nutritional bars,
allowing consumers to explore different brands and flavors that suit their
tastes.
The India Nutritional
Bars market is segmented into type, sales channel, regional distribution, and
company.
Based on the sales
channel, the online segment is the fastest-growing channel in the India
nutritional bars market, reflecting the shift towards e-commerce as consumers
seek convenience and variety. The proliferation of digital platforms and
increased internet penetration have made it easier for consumers to access a
wide range of nutritional bar brands and products. Online retailers often offer
exclusive deals, discounts, and subscription services, enhancing consumer
engagement and loyalty. This segment caters particularly well to the tech-savvy
younger demographic, who prioritize convenience and innovative products. As
health-conscious consumers continue to embrace online shopping, the demand for
nutritional bars is expected to grow significantly in this channel.
Based on region,
the South region of India is emerging as the fastest-growing market for
nutritional bars, driven by increasing health consciousness and a rising trend
towards fitness and wellness. Urbanization and busy lifestyles have fueled
demand for convenient and nutritious snack options among consumers in cities
like Bengaluru, Chennai, and Hyderabad. The region's diverse culinary
preferences have also led to the introduction of innovative flavors and
formulations tailored to local tastes. Furthermore, growing disposable incomes
and the expansion of e-commerce platforms have improved accessibility, allowing
consumers to explore a wide range of nutritional bar products that cater to
their health and dietary needs.
Major companies
operating in India Nutritional Bars market are:
- Sproutlife
Foods Private Limited (Yoga Bars)
- Naturell
(India) Private Limited
- DRB Foods
Private Limited (Nutty Gritties)
- Wingreens Farms
Private Limited
- Wholesome Habits Pvt Ltd (EAT Anytime)
- Mars International India Private Limited
- Pure Snacks
Pvt. Ltd (Mojo Bar)
- Green Light
Foods Pvt Ltd (Wingreens Harvest)
- Mondelez India
Foods Private Limited
- Nestlé India
Limited
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“The market is further fueled by the
expanding variety of products available to consumers. Manufacturers are
innovating and introducing new formulations that cater to specific dietary
preferences, such as gluten-free, vegan, and low-carb options. This diversification
is essential in attracting a broader consumer base, including those with
specific dietary restrictions or preferences. Additionally, the incorporation
of superfoods like quinoa, chia seeds, and nuts in nutritional bars enhances
their nutritional profile and appeal, positioning them as wholesome snacks that
deliver more than just calories,” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
India Nutritional Bars
Market Segmented, By Type (Snack Bar, Protein Bar, Meal Replacement Bar &
Others), By Sales Channel (Supermarket/Hypermarket, Departmental Stores,
Online, Others), By Region, By Competition, 2020-2030F”,
has evaluated the future growth potential of India Nutritional Bars market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the India Nutritional Bars market.
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