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The France Energy Bar market is expected to reach USD 16.29 million by 2023, witnessing a slow growth rate over the forecast period. Energy Bar consumption volume in the region surpassed 340 thousand Kg in 2017.
Increased preference for health & wellness snacks is the primary driver for the market. Energy bar market includes sports nutrition bars and snack bars designated to meet both daily and sports nutrition needs. Growing demand for organic snacks, indulgence, meal replacement and on-the-go snacking are various factors fueled the energy bar market growth.
Convenient Packaging Attracting Sales
Consumers are increasingly going health conscious when it comes to bite in between meals. Featuring healthy benefit with convenience and nutritional component while on-the-go snacking fueled the nutrition bar market. Health & Wellness is the key trend driving dietary snack bar consumption pattern. High in energy and fiber content with clean label claim offers potential growth opportunity owing to increased consumer concern for natural ingredients. Increased consumer demand for the nutritious product and rising clean label claims on product accelerated the market growth in the region. Product launch with various label claim, such as “no artificial additive,” “high or added fiber” and “reduced sugar” achieved strong growth in the past five years. France only accounts for about 3% of the global nutritional bar launch with the functional claim. However, consumers are likely to demand snacks bar with added health benefits.
Variety Stores Growing Faster
Supermarkets and Hypermarkets accounts for a major share in the distribution channel, which is followed by convenience stores. Variety food stores gained popularity occupying significant share in the retail sales owing to increase demand for brands and organic energy bar sale. Variety retail grew faster at a rate of 4%, during 2012-2017, in France due to the wide product offerings.
Key Developments
• October 2017- Skratch Labs, a functional food and beverage brand, launched Energy Bars, made with real food that provides enough clean fuel for Tour cyclists with good taste for snack any time of day
The France Energy Bar market is competitive with large number of existing multinational players. Innovative product launch and clean label ingredients are the various strategy adopted by these players. Private label brands provides tough competition to the existing players with their flavored product offerings.
Major players include - POWER BAR EUROPE GMBH., NESTLÉ S.A., PROBAR LLC, MAXIM, amongst others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Market value (USD Million) and volume (Kg Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Increased preference for health & wellness snacks is the primary driver for the market. Energy bar market includes sports nutrition bars and snack bars designated to meet both daily and sports nutrition needs. Growing demand for organic snacks, indulgence, meal replacement and on-the-go snacking are various factors fueled the energy bar market growth.
Convenient Packaging Attracting Sales
Consumers are increasingly going health conscious when it comes to bite in between meals. Featuring healthy benefit with convenience and nutritional component while on-the-go snacking fueled the nutrition bar market. Health & Wellness is the key trend driving dietary snack bar consumption pattern. High in energy and fiber content with clean label claim offers potential growth opportunity owing to increased consumer concern for natural ingredients. Increased consumer demand for the nutritious product and rising clean label claims on product accelerated the market growth in the region. Product launch with various label claim, such as “no artificial additive,” “high or added fiber” and “reduced sugar” achieved strong growth in the past five years. France only accounts for about 3% of the global nutritional bar launch with the functional claim. However, consumers are likely to demand snacks bar with added health benefits.
Variety Stores Growing Faster
Supermarkets and Hypermarkets accounts for a major share in the distribution channel, which is followed by convenience stores. Variety food stores gained popularity occupying significant share in the retail sales owing to increase demand for brands and organic energy bar sale. Variety retail grew faster at a rate of 4%, during 2012-2017, in France due to the wide product offerings.
Key Developments
• October 2017- Skratch Labs, a functional food and beverage brand, launched Energy Bars, made with real food that provides enough clean fuel for Tour cyclists with good taste for snack any time of day
The France Energy Bar market is competitive with large number of existing multinational players. Innovative product launch and clean label ingredients are the various strategy adopted by these players. Private label brands provides tough competition to the existing players with their flavored product offerings.
Major players include - POWER BAR EUROPE GMBH., NESTLÉ S.A., PROBAR LLC, MAXIM, amongst others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Market value (USD Million) and volume (Kg Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Frequently Asked Questions
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