Organic Bar Market
Organic bar is a snack or food that has high nutritive value fortified with multiple vitamins and minerals intended to boost physical energy. It is processed through organic methods, free from GMO and artificial chemicals as per standards set by organic certification bodies. Organic food bars are certified by various certification bodies across the globe such as the USDA, the EU organic certification, and California Certified Organic Farmers certification. Rise in awareness about consumption of organic food that has high nutritional benefits over conventional bars drives demand for this product. Increase in popularity of nutritive bar consumption among the young population is driving the sales of organic food bars across the globe. Additionally, products with innovative formulation enriched with unique ingredients are expected to remain attractive among end-users. This has boosted the demand for organic food bars.
Major Key Players of the Organic Bar Market are:
Noble Foods, Inc., Smart Organics Inc., Davis Chocolate, Bridgetown Natural Food, Nellson Anaheim, Hearthside Food Solutions LLC, Small Planet Foods, Inc., Clif Bar & Company, General Mills, Inc., The Kellogg Company, Nii Foods, LLC, Garden of Life, Annie’s Homegrown, Inc., and Orgain, Inc.
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Major drivers of the global organic food bar market are increase in organic snacks start-ups, consumer awareness about chemical free products, rise in the population that prefers organic food, surge in spending capacity of consumers, usage of advanced technology for bar processing, food technologists endorsing organic food bars over conventional bars, and penetration of products through major retail sectors and online platforms. Higher prices of products, low shelf-life as compared to conventional bars, and lack of raw materials for processing are the key restraints of the global market. Moreover, differing standards and regional regulations as per organic certifying bodies are expected to restrain the global organic food bar market. However, new product development with innovative formulations, enhancement of product shelf life, collaboration with nutritionists, and promotion as specialized nutrition bar are expected to create significant opportunities in the global organic food bar Market.
The global organic food bar Market can be segmented based on product type, ingredient, taste, organic level, category, distribution channel, and region. In terms of product type, the market can be classified into energy bars, protein bars, nutrition bars, health bars, snack bars, granola bars, breakfast bars, and others. Based on ingredient, the global organic food bar market can be categorized into fruits, cereals, nut & seeds, sweeteners, and others. In terms of taste, the market can be segregated into salty, savory, sweet, and spicy. Based on organic level, the global organic food bar Market can be divided into 100% organic, 95% organic, and 70% organic. In terms of category, the market can be classified into popular price, premium price, and super premium price. Based on distribution channel, the global organic food bar market can be bifurcated into offline and online. The offline segment can be divided into large format stores, specialty stores, and independent retailers.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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In the end, Organic Bar industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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