UK nutritional bar market was
valued $ 1.1 billion in 2019 and is projected to cross $ 1.5 billion by 2025.
Major growth driver for nutritional bar market in the country include their emergence
as a workout support and a meal supplement coupled with increasing awareness
about their health benefits among health-conscious consumers. UK nutritional
bar market is segmented based on product type, distributional channel, region
and company. Based on product type, the market can be segmented into Breakfast
Bars, Snack Bars, Protein Bars and others.
In 2019, breakfast bars accounted
for the largest market share as they can be taken as first meal of the day. Snack
bars are consumed as snacks due to their high carb and fiber content. Snack
bars include products such as granola bars, cereal bars and other snack bars. Protein bars are being increasingly consumed as a protein supplement
majorly by bodybuilders, athletes and other sports persons. Protein bar segment
is anticipated to witness fastest CAGR among all other product categories
during the forecast period i.e. 2020-2025.
Major players operating in the UK
Nutritional Bar market include Kellogg’s, General Mills, Chicago Bar Company
LLC, Mars Incorporated, Grenade® (UK) Ltd, Oatein Limited, United Biscuits (UK)
Limited, Pulsin Ltd, Optimum Nutrition, INC and others. Major companies are
launching new products in order to stay competitive in the market. Other
competitive strategies include mergers & acquisitions and new product
developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and forecast the market size of UK
Nutritional Bar market.
- To classify and forecast UK Nutritional Bar market
based on product type, distribution channel, company and regional
distribution.
- To identify drivers and challenges for UK
Nutritional Bar market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in UK
Nutritional Bar market.
- To conduct pricing analysis for UK Nutritional
Bar market.
- To identify and analyze the profile of leading
players operating in UK Nutritional Bar market.
Click here to download the sample
TechSci Research performed both primary as well as
exhaustive secondary research for this study. TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the
manufacturers, distribution channels and presence of all major players across the
globe.
TechSci Research calculated the market size of UK Nutritional Bar market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Nutritional Bars manufacturers,
suppliers and distributors
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to nutritional bars
- Market research and
consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, UK Nutritional Bar
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below
- Market, By Product Type:
- Breakfast Bar
- Snack Bar
- Protein Bar
- Market, By Distribution
Channel:
- Supermarket/Hypermarket
- Online
- Convenience Stores
- Others (include Pharmacies, small groceries etc.)
- Market, By
Region:
- England
- Scotland
- Wales
- Northern Ireland
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in UK Nutritional Bar market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).