UK Nutritional Bar Market to Surpass $ 1.5 Billion by 2025: TechSci Research
According to TechSci Research report, “UK
Nutritional Bar Market By Product Type, By Distribution Channel, By Region, Competition, Forecast &
Opportunities, 2025”, the UK Nutritional bar market is projected to cross $ 1.5
billion by 2025. Nutritional bar market in the UK is growing at a robust pace
due to a rising number of consumers looking for healthy, convenient, on-the-go
meal (while away from home, workplace or place of study), workout support, meal
supplement and snack option. Also, health benefits associated with nutritional
bars is another driver for their increasing market as they attract
health-conscious consumers. Increasingly busy lifestyle is resulting in an
increasing number of consumers preferring ready-to-eat healthy foods to aid
their need for on-the-go energy and nutrition. UK store are heavily flooded with various types
of nutritional bars ranging from breakfast bars, protein bars, snack bars and
others, which aids in attracting a broad range of consumers.
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The UK nutritional bar market is
segmented based on product type, distribution channel, region and company.
Based on product type, the market can be segmented into Breakfast Bars, Snack
Bars and Protein Bars. Breakfast bar segment is predicted to lead the market until
2025 due to high demand for quick energy and nutrition right in the morning. Kellogg’s, General Mills, Chicago Bar Company
LLC, Mars Incorporated, Grenade® (UK) Ltd, Oatein Limited, United Biscuits
(UK) Limited, Pulsin Ltd, Optimum Nutrition, Inc., etc., are some of the
leading players operating in the UK nutritional bar market. Kellogg’s holds the
largest market share due to the success of its Nutri-Grain brand, which
features breakfast bars. Grenade® (UK) Ltd was the second largest player in the
UK nutritional bar market in 2019.
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Snack bars
are used as a snack due to high carb and fiber content present in them. Snack bars
are basically perceived as a solution, especially when you are on the go and do
not have time to have a proper meal. Snack bars include products such as
granola bars, cereal bars and other snack bars. “Protein bars are expected to
witness highest growth in sales through 2025 on account of such bars being consumed as protein supplements
majorly by bodybuilders, athletes and other sports persons.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm. Leading
players operating in the market are increasing their focus on online retailing
to boost their consumer reach.
“UK Nutritional Bar
Market By Product Type, By Distribution Channel, By Region, Competition, Forecast
& Opportunities, 2025” has evaluated the
future growth potential of nutritional bar 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 UK nutritional bar market.
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