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US Nut and Snack Bars Market by Product Type (Energy Bars, Protein Bars, Cereal Bars, Nut Bars), By Calorie Content (Regular, Low Calorie, Sugar Free), By Flavor (Regular, Flavor), By Nature (Organic, Conventional), By Size. (1.5-2, 5 oz, 2.6-3.5 oz, 3.6-5.5 oz, 5.5 oz and more), By distribution channel (supermarkets/hypermarkets, convenience stores, specialty stores, online stores, etc.)by region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Industry Trends and Forecast to 2030.


Report ID : IR1002346 | Industries : Healthcare | Published On :July 2024 | Page Count : 225

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  • US Nut and Snack Bars Market by Product Type (Energy Bars, Protein Bars, Cereal Bars, Nut Bars), By Calorie Content (Regular, Low Calorie, Sugar Free), By Flavor (Regular, Flavor), By Nature (Organic, Conventional), By Size. (1.5-2, 5 oz, 2.6-3.5 oz, 3.6-5.5 oz, 5.5 oz and more), By distribution channel (supermarkets/hypermarkets, convenience stores, specialty stores, online stores, etc.)by region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Industry Trends and Forecast to 2030.
    US Nut and Snack Bars Market
    The nuts and snacks market are expected to reach USD 16,204.19 million by 2030, which will reach USD 7,670.22 million in 2022, registering a CAGR of 8.9% during the forecast period 2023-2030.
    Nut and snack is a type of snack that is obtained from the combination of two or more foods, mainly dried fruits, which have a certain nutritional value and taste. There are several methods used in their preparation such as mixing, moulding and baking. Nuts and snack bars use many ingredients, consisting mainly of staples such as rice, oats, wheat, corn, granola, hazelnuts, cashews, almonds, and walnuts, as well as minerals, milk, vitamins, and sweeteners.
    Market Drivers
     Add new flavours and ingredients. The growing popularity of sports and athletic activities and the fast-paced lifestyle, growing health awareness of consumers and changing eating habits are forcing major market participants to introduce food products with newer ingredients and flavours to the market. Growth in demand for organic bars. Organic bars, which contain nuts, oats and other natural ingredients, are among the categories with significant organic claims in the United States. Nuts and snacks are also part of organic bars. Thanks to effective distribution strategies and a wide selection, the Nature Valley and KIND brands are leading brands in the nut and snack market. Organic bars are part of breakfast and are often eaten as a quick and convenient breakfast. Because of the health benefits of nuts and bars, consumers are consuming more of these products.
    Market Restraints 
    The rise in food allergies due to certain foods is one of the major factors that may hinder the growth of the market during the forecast period of 2023-2030. Many regulations on certain ingredients are also predicted to curb the growth of the US nut and snack market. This Nuts and Snack Bars market report includes information on new recent developments, trade regulations, import and export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities for new revenue sources, market changes. regulations, strategic market growth analysis, market size, category market growth, application niches and governance, product approvals, product launches, geographic expansions, technological innovations in the market. The rise in food allergies due to certain foods is one of the major factors that may hinder the growth of the market during the forecast period of 2022-2030. Many regulations on certain ingredients are also predicted to curb the growth of the US nut and snack market. 
    Market Opportunities 
    Growing demand for nuts and snacks due to several benefits. Nut and snack bars are in high demand and constantly growing due to their convenience, aided by disposable packaging that protects and prevents the nut and snack from touching your hands and keeps them clean for immediate action. According to the United States Department of Agriculture (USDA), consumers in the United States spend more than half of their food budget on convenience foods such as nuts and snacks. In the United States, many consumers prefer nuts and snacks to regular meals to satisfy hunger. Nuts and bars are good for health because they provide energy and a lot of nutrients. Consequently, the growing demand for nuts and bars due to their multiple benefits creates lucrative opportunities for market growth.
    Impact of COVID19
    The outbreak of the COVID-19 pandemic has created many opportunities for several private sector players to enter the snack food market, which has benefited manufacturers of nuts and snack bars. The need for innovative snacks in this region is high due to their rapid ease of use, storage and simple energy and nutritional needs. In contrast, consumption of nuts and snack products declined during the pandemic due to supply chain failures.
    Market segmentation 
    US Nut and Snack Bars Market is segmented by Product Type, By Calorie Content, By Flavor, By Nature, By Size, By distribution channel
    Based on the by Product Type market is segmented into Energy Bars, Protein Bars, Cereal Bars, Nut Bars. Further Market is segmented into By Calorie Content market segmented into Regular, Low Calorie, Sugar Free. By Flavor market is segmented into Regular, Flavor. By Nature, market is segmented into Organic, Conventional. By Size market is segmented into 1.5-2, 5 oz, 2.6-3.5 oz, 3.6-5.5 oz, 5.5 oz. By distribution channel market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online stores.
    Regional Analysis
    US Nut and Snack Bars Market is segmented into region are United States, Canada and Mexico in North America, Latin, America, Europe, Asia pacific, and middle east and Africa. North Americans are progressively becoming health conscious, generating the demand for healthy foods. The region's snack and cereal bar manufacturers are successfully meeting the rising consumer demand for nutritious dietary snacks. 
    Key Players
    Various key players are listed in this report such as Kellogg Co, General Mills Inc., KIND, Clif Bar & Company, Hormel Foods, THE HERSHEY COMPANY, The Simply Good Foods Company, Mars, Incorporated, Premier Nutrition Company, Abbott.
    Market Taxonomy 
    By Product Type 
    •        Energy Bars
    •        Protein Bars
    •        Cereal Bars
    •        Nut Bars
    By Calorie Content 
    •        Regular
    •        Low Calorie
    •        Sugar Free
     By Flavor 
    •        Regular
    •        Flavor
     By Nature 
    •        Organic
    •        Conventional
    By Size
    •        1.5-2
    •        5 oz
    •        2.6-3.5 oz
    •        3.6-5.5 oz
    •        5.5 oz 
    By Distribution channel 
    •        supermarkets/hypermarkets
    •        convenience stores
    •        specialty stores
    •        online stores
    By Region
    •        North America
    •        Latin America
    •        Europe
    •        Asia Pacific
    •        Middle East & Africa

    Key Questions Addressed by the Report
    •        What are the Key Opportunities in US Nut and Snack Bars Market?
    •        What will be the growth rate from 2023 to 2030?
    •        Which segment/region will have highest growth?
    •        What are the factors that will impact/drive the Market?
    •        What is the competitive Landscape in the Industry?
    •        What is the role of key players in the value chain?
     

    US Nut and Snack Bars Market  
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 US Nut and Snack Bars Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World supply and Demand Condition 
    4.2.7 Cumulative Impact of Russia Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 US Nut and Snack Bars Market, By Product Type 
    5.1 Y-o-Y Growth Comparison, By Product Type  
    5.2 US Nut and Snack Bars Market Share Analysis, By Product Type  
    5.3 US Nut and Snack Bars Market Size and Forecast, By Product Type 
    5.3.1 Energy Bars
    5.3.2 Protein Bars
    5.3.3 Cereal Bars
    5.3.4 Nut Bars
    6 US Nut and Snack Bars Market, By Calorie Content 
    6.1 Y-o-Y Growth Comparison, By Calorie Content 
    6.2 US Nut and Snack Bars Market Share Analysis, By Calorie Content 
    6.3 US Nut and Snack Bars Market Size and Forecast, By Calorie Content 
    6.3.1 Regular
    6.3.2 Low Calorie
    6.3.3 Sugar Free
    7 US Nut and Snack Bars Market, By Flavor  
    7.1 Y-o-Y Growth Comparison, By Flavor  
    7.2 US Nut and Snack Bars Market Share Analysis, By Flavor  
    7.3 US Nut and Snack Bars Market Size and Forecast, By Flavor  
    7.3.1 Regular
    7.3.2 Flavor
    8 US Nut and Snack Bars Market, By Nature   
    8.1 Y-O-Y Growth Comparison, By Nature   
    8.2 US Nut and Snack Bars Market Share Analysis, By Nature   
    8.3 US Nut and Snack Bars Market Size and Forecast, By Nature   
    8.3.1 Organic
    8.3.2 Conventional
    9 US Nut and Snack Bars Market, By Size 
    9.1 Y-O-Y Growth Comparison, By Size 
    9.2 US Nut and Snack Bars Market Share Analysis, By Size 
    9.3 US Nut and Snack Bars Market Size and Forecast, By Size 
    9.3.1 1.5-2
    9.3.2 5 oz
    9.3.3 2.6-3.5 oz
    9.3.4 3.6-5.5 oz
    9.3.5 5.5 oz
    10 US Nut and Snack Bars Market, By Distribution channel  
    10.1 Y-O-Y Growth Comparison, By Distribution channel  
    10.2 US Nut and Snack Bars Market Share Analysis, By Distribution channel  
    10.3 US Nut and Snack Bars Market Size and Forecast, By Distribution channel                10.3.1supermarkets/hypermarkets
    10.3.2convenience stores
    10.3.3specialty stores
    10.3.4online stores

    11 US Nut and Snack Bars Market, By Region
    11.1 US Nut and Snack Bars Market Share Analysis, By Region
    11.2 US Nut and Snack Bars Market Share Analysis, By Region
    11.3 US Nut and Snack Bars Market Size and Forecast, By Region
    12 North America US Nut and Snack Bars Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 North America US Nut and Snack Bars Market Share Analysis, By Product Type 
    12.3 North America US Nut and Snack Bars Market Size and Forecast, By Calorie Content 
    12.4 North America US Nut and Snack Bars Market Size and Forecast, By Flavor  
    12.5 North America US Nut and Snack Bars Market Size and Forecast, By End-User 
    12.6 North America US Nut and Snack Bars Market Size and Forecast, By Size 
    12.7 North America US Nut and Snack Bars Market Size and Forecast, By Distribution channel  
    12.8 North America US Nut and Snack Bars Market Size and Forecast, By Country
    12.8.1 U.S.
    12.8.2 Canada
    12.8.3 Mexico
    13 Europe US Nut and Snack Bars Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Europe US Nut and Snack Bars Market Share Analysis, By Product Type  
    13.3 Europe US Nut and Snack Bars Market Size and Forecast, By Nature   
    13.4 Europe US Nut and Snack Bars Market Size and Forecast, By Flavor  
    13.5 Europe US Nut and Snack Bars Market Size and Forecast, By Nature   
    13.6 Europe US Nut and Snack Bars Market Size and Forecast, By Size 
    13.7 Europe US Nut and Snack Bars Market Size and Forecast, By Distribution channel  
    13.8 Europe US Nut and Snack Bars Market Size and Forecast, By Country
    13.8.1 Germany
    13.8.2 France
    13.8.3 UK
    13.8.4. Rest of Europe
    14 Asia Pacific US Nut and Snack Bars Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Asia Pacific US Nut and Snack Bars Market Share Analysis, By Product Type  
    14.3 Asia Pacific US Nut and Snack Bars Market Size and Forecast, By Nature   
    14.4 Asia Pacific US Nut and Snack Bars Market Size and Forecast, By Flavor  
    14.5 Asia Pacific US Nut and Snack Bars Market Size and Forecast, By Nature   
    14.6 Asia Pacific US Nut and Snack Bars Market Size and Forecast, By Size 
    14.7 Asia Pacific US Nut and Snack Bars Market Size and Forecast, By Distribution channel  
    14.8 Asia Pacific US Nut and Snack Bars Market Size and Forecast, By Country
    14.8.1 China 
    14.8.2 Japan
    14.8.3 India
    14.8.4. Rest of Asia Pacific
    15 Latin America US Nut and Snack Bars Market Analysis and Forecast (2023-2030)
    15.1 Introduction
    15.2 Latin America US Nut and Snack Bars Market Share Analysis, By Product Type  
    15.3 Latin America US Nut and Snack Bars Market Size and Forecast, By Nature   
    15.4 Latin America US Nut and Snack Bars Market Size and Forecast, By Flavor  
    15.5 Latin America US Nut and Snack Bars Market Size and Forecast, By Nature   
    15.6 Latin America US Nut and Snack Bars Market Size and Forecast, By Size 
    15.7 Latin America US Nut and Snack Bars Market Size and Forecast, By Distribution channel  
    15.8 Latin America US Nut and Snack Bars Market Size and Forecast, Country
    15.8.1. Brazil
    15.8.2. Rest of Latin America
    16 Middle East US Nut and Snack Bars Market Analysis and Forecast (2023-2030)
    16.1 Introduction
    16.2 Middle East US Nut and Snack Bars Market Share Analysis, By Product Type  
    16.3 Middle East US Nut and Snack Bars Market Size and Forecast, By Nature   
    16.4 Middle East US Nut and Snack Bars Market Size and Forecast, By Flavor  
    16.5 Middle East US Nut and Snack Bars Market Size and Forecast, By Nature   
    16.6 Middle East US Nut and Snack Bars Market Size and Forecast, By Size 
    16.7 Middle East US Nut and Snack Bars Market Size and Forecast, By Distribution channel  
    16.8 Middle East US Nut and Snack Bars Market Size and Forecast, By Country
    16.8.1. Saudi Arabia
    16.8.2. UAE
    16.8.3. Egypt
    16.8.4. Kuwait
    16.8.5. South Africa
    17 Competitive Analysis
    17.1 Competition Dashboard
    17.2 Market share Analysis of Top Vendors
    17.3 Key Development Strategies
    18 Company Profiles
    18.1 Kellogg Co
    18.1.1 Overview
    18.1.2 Offerings
    18.1.3 Key Financials
    18.1.4 Business Segment & Geographic Overview
    18.1.5 Key Market Developments
    18.1.6 Key Strategies
    18.2. General Mills Inc.
    18.2.1 Overview
    18.2.2 Offerings
    18.2.3 Key Financials
    18.2.4 Business Segment & Geographic Overview
    18.2.5 Key Market Developments
    18.2.6 Key Strategies
    18.3. KIND 
    18.3.1 Overview
    18.3.2 Offerings
    18.3.3 Key Financials
    18.3.4 Business Segment & Geographic Overview
    18.3.5 Key Market Developments
    18.3.6 Key Strategies
    18.4 Clif Bar & Company
    18.4.1 Overview
    18.4.2 Offerings
    18.4.3 Key Financials
    18.4.4 Business Segment & Geographic Overview
    18.4.5 Key Market Developments
    18.4.6 Key Strategies
    18.5 Hormel Foods
    18.5.1 Overview
    18.5.2 Offerings
    18.5.3 Key Financials
    18.5.4 Business Segment & Geographic Overview
    18.5.5 Key Market Developments
    18.5.6 Key Strategies
    18.6 THE HERSHEY COMPANY 
    18.6.1 Overview
    18.6.2 Offerings
    18.6.3 Key Financials
    18.6.4 Business Segment & Geographic Overview
    18.6.5 Key Market Developments
    18.6.6 Key Strategies
    18.7 Mars, Incorporated
    18.7.1 Overview
    18.7.2 Offerings
    18.7.3 Key Financials
    18.7.4 Business Segment & Geographic Overview
    18.7.5 Key Market Developments
    18.7.6 Key Strategies 
    18.8 Premier Nutrition Company
    18.8.1 Overview
    18.8.2 Offerings
    18.8.3 Key Financials
    18.8.4 Business Segment & Geographic Overview
    18.8.5 Key Market Developments
    18.8.6 Key Strategies
    18.9 Abbott 
    18.9.1 Overview
    18.9.2 Offerings
    18.9.3 Key Financials
    18.9.4 Business Segment & Geographic Overview
    18.9.5 Key Market Developments
    18.9.6 Key Strategies