mrfrbeverages

Market Overview Growing health consciousness among the global populace is majorly driving the global Protein Bars Market Revenue. Protein bars are perceived to be a healthy food item among consumers. Moreover, increasing demand for convenience food has induced greater demand within the market. Due to fast-paced lifestyle, millennial and the working population highly prefer on-the-go food products such as protein bars which can also be an alternative to breakfast. Protein bars have attracted the attention of athletes and weight watchers as a post workout food. A high number of the world's populace is lactose intolerant or allergic to milk protein. Against the backdrop of increasing incidence rate of lactose intolerance and celiac diseases, plant-sourced protein has gained massive popularity. This has urged food manufacturers to introduce plant-based, dairy free protein bars which can cater to a broader consumer base.  Availability in various flavors, tastes, serving size and v...

Market Analysis Protein bars are nutritional bars which are high in plant based or animal based protein content. It provides extra carbs and proteins which help in building muscles and improve workout results by speeding up recovery from exercise. Moreover, to enhance the taste of the bars, manufacturers add various flavors to the product including Chocolates, Peanut Butter, Savory, Fruits, Spices and others. The high protein value of the product is driving the protein bars market. Increasing number of working population followed by the hectic lifestyle of consumers is adding fuel to the growth of the protein bars market. However, there are large number of product substitutes available in the market which may have a negative impact on the market growth. Nevertheless, all these factors are projected to contribute to the expected CAGR of 4.6% of  Protein Bars Market Revenue  during the forecast period, 2017-2024.   Protein bars are an effective way to reduce crav...