Vegan Bars Market Worth $7.8B By 2030: Grand View Research

A new report by Grand View Research, Inc. shows that the global plant-based bars market size is expected to reach USD 7.80 billion in 2030. The market is set to expand at a CAGR of 14.0% from 2023 to 2030. The demand for plant-based bars is rising due to consumers' focus on health and well-being. Chronic diseases like heart disease, diabetes, and obesity have led to a shift in snack preferences. People want healthier snacks that provide necessary nourishment. Plant-based bars are an excellent option since they have fiber, protein, and healthy fats. They also have fewer calories and less sugar compared to conventional bars.

The report offers important insights and findings on the industry. It reveals key trends and patterns in the market. This information can help businesses make better decisions. The report is a valuable resource for those in the industry. It sheds light on current challenges and opportunities. By studying the report, businesses can stay ahead of the competition. Overall, the report is a must-read for anyone in the industry.

Check out the latest industry insights in the full market research report. It's called "Plant-based Bars Market Size, Share & Trends Analysis Report." You'll find it published by Grand View Research. The report covers product types like protein bars and granola/cereal bars. It also covers organic and conventional products. Finally, it dives into the distribution channel and region. You can access segment forecasts all the way up to 2030.

The market for plant-based bars is increasing. People are more interested in healthy and sustainable options. Plant-based bars are popular because they offer protein and fiber without animal products. Brands are creating unique flavors and textures to cater to different tastes. The demand for plant-based bars is expected to grow in the future as more consumers prioritize a healthy lifestyle.

In 2022, protein bars took the top spot in the market. People want more plant-based protein options and protein bars are no exception. Thanks to advancements in food technology, plant-based bars now taste and feel like regular snacks. As a result, more people are choosing them for snacks that are both tasty and healthy.

In 2022, the bigger market for plant-based bars was in the conventional category. These bars are cheaper and you can find them in many stores and online. This makes it easy for people to buy them. Also, companies spend a lot of money to promote them. They use different promotion methods like TV ads and social media. Because of this, people see these bars a lot. This makes it more likely that people will choose these bars over other kinds.

The market in Europe is big. More plant-based bars have been made available recently. People can easily buy them from supermarkets and health food stores. This has made people more interested in these products. Many people in Europe are now deciding to be vegan or vegetarian. They may want to do this because of the environment, ethics, or health. They are more likely to choose plant-based foods.

Kellogg's, General Mills Inc., and 88 ACRES are big names in plant-based bars. Other players are: Greens Gone Wild, LLC., Rise Bar, and GNC Holdings. MadeGood, Växa Bars, Clif Bar & Company, and GoMacro, LLC are also in the market. These companies make strategic moves like partnering, merging, and expanding globally to increase their market share.

The Plant-based Bars Market can be segmented into various categories. Geographically, it can be segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. On the basis of nature, it can be segmented into organic and conventional plant-based bars. Based on source-type, plant-based bars can be segmented into nuts and seeds-based bars, fruit-based bars, and cereal-based bars. Moreover, on the basis of distribution channels, it can be segmented into supermarkets/hypermarkets, convenience stores, online channels, and others. Overall, the Plant-based Bars Market has a wide range of segmentation, enabling customers to find the product that fits their needs.

The plant-based bars' market is divided by Grand View Research. They use four things to divide it: Product type, nature, distribution channel, and region.

The market for plant-based bars is growing. The revenue in 2017 was in the millions of dollars. It is expected to keep growing until 2030. There are many types of plant-based bars out there. These bars are made without any animal products. They are made with ingredients like nuts, seeds, and fruits. The bars are popular with people who want to eat a healthy snack. They are also popular with people who want to follow a vegetarian or vegan diet.

The market for plant-based bars is increasing rapidly. By 2030, the revenue is expected to reach millions of dollars. This is good news for companies and consumers who prefer plant-based products. The rise in demand for healthier and sustainable snacks is driving the growth of this market. It's a win-win situation for the environment and the economy. These plant-based bars offer a delicious and nutritious alternative to traditional snacks. With a variety of flavors, everyone can find something they enjoy. Keep an eye out for new developments and flavors in this growing market.

The Plant-Based Bars Market study shows the distribution channel outlook. The estimated revenue is in USD million for the years 2017-2030.

The plant-based bar market is predicted to grow in revenue from 2017 to 2030. This growth will happen globally. It includes regions such as North America, Europe, Asia Pacific, and more. The key players in the market are investing in research and development for the improvement of their products. The goal is to offer a variety of options for consumers with different dietary needs. The plant-based bars market is expected to be influenced by different factors such as health concerns and environmental awareness. The future of the plant-based bar market looks promising and full of potential.

There are some important companies in the plant-based bars sector. The companies are trying to provide high-quality plant-based bars that are delicious and healthy. The following are some of the leading players in the industry: 1. KIND LLC 2. Clif Bar & Company 3. RXBAR 4. LÄRABAR 5. Quest Nutrition 6. GFB (Gluten-Free Bar) 7. Kashi Company 8. Caveman Foods 9. GoMacro 10. No Cow These companies are well-known for their tasty and nutritious plant-based bars. Consumers are becoming more health-conscious and are looking for plant-based options. These companies are trying to cater to the growing demand for plant-based products.

Grand View Research has published many related studies that you might want to check out.

Take a look at Grand View Research's reports on the Consumer F&B industry.

Grand View Research is a market research company. It provides reports and insights into various industries. These industries include technology, healthcare, and energy. The company has its headquarters in San Francisco, California. It also has offices in the United Kingdom and India. The research conducted by Grand View Research is used by businesses and organizations. This research helps these organizations make informed decisions. The company has a team of analysts who are experts in their respective fields. Grand View Research is known for its comprehensive and reliable research. Overall, it is a trusted source for market insights.

A company named Grand View Research is based in the United States. They offer research reports and consulting services. They are located in San Francisco, California. The company has over 425 analysts and consultants. They add over 1200 market research reports to their database every year. Grand View Research analyzes 46 industries across 25 major countries. Their interactive platform helps companies and academic institutes understand the global and regional business environment. Fortune 500 companies and renowned academic institutes use Grand View Research's services. They help them analyze opportunities for growth.

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Grand View Research, Inc. provided the following information. It is important to prepare for the increasing demand for plant-based meat products. The market for plant-based meat products is predicted to grow rapidly in the next few years. This growth is due to several factors including increasing health awareness and environmental concerns. Investing in research and development for plant-based meat alternatives is a wise move for companies. It is important for companies to adapt and innovate to stay competitive in the market. Overall, the plant-based meat industry is expected to have a positive impact on both consumers and the environment.