Press Release

India Nutritional Bars Market to Witness 30% CAGR until 2022

Busy lifestyle, growing health consciousness and increasing consumer preference for meal replacement bars to drive India nutritional bars market through 2022

According to a report released by TechSci Research,India Nutritional Bars Market By Type, By Distribution Channel, Competition Forecast & Opportunities, 2012 – 2022”, the nutritional bars market in India is projected to grow at a CAGR of 30% until 2022. Growth in the market is anticipated on the back of surging demand for protein and other dietary supplements, increasing awareness regarding health benefits associated with nutritional bars and rising inclination of the young population towards quick meals. Increasing availability of multiple flavors and options of nutritional bars through online medium, rising discretionary spending and expanding urban population are some of the other factors expected to boost demand for nutritional bars in India over the coming years.  

Browse 33 market data Figures and Tables spread through 76 Pages and an in-depth TOC on India Nutritional Bars Market"

https://www.techsciresearch.com/report/india-nutritional-bars-market/2095.html

 Naturell ( India ) Pvt. Ltd., General Mills India Private Limited, Xterra Nutrition, Sunhygiene Foods (P) Ltd., Let's Be Well Red, SproutLife Foods Private Ltd. and Go Power Nutrition are some of the leading players operating in India nutritional bars market. Among the regions, northern and western India account for the largest share in India nutritional bars market, owing to changing lifestyles and huge and rising middle class population in these regions. In 2016, cereal / energy bars dominated the India nutritional bars market, owing to the availability of relatively new flavors and variants in this segment.

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“Nutritional bars market is growing at a tremendous pace in India due to rising health concerns associated with the lack of vitamin, mineral and micronutrient content in the daily diet. Rapid urbanization, growing working class population base and increasing disposable income are driving consumers towards nutrition bars in order to cope up with the adverse effects of hectic and sedentary lifestyles. Marketing of nutritional bars by companies as ‘On-the-go healthy snack’ for working professionals along with surging investments in R&D activities to introduce new variants are few of the other factors driving India nutritional bars market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Nutritional Bars Market By Type, By Distribution Channel, Competition Forecast & Opportunities, 2012 – 2022 has evaluated the future growth potential of nutritional bars market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India nutritional bars market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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