Plant-Based Bars Market Size By Product (Cereal/Granola Bars, Protein Bars, Energy Bars/ Meal Replacements Bars, Fruits & Nuts Bars), By Source (Soy, Pea, Rice, Canola, Wheat, Nuts), By Category, By Distribution Channel, Global Forecast 2023-2032

Description

List of Tables

Plant-Based Bars Market is projected to witness significant growth through 2023-2032, driven by increasing consumer preference for vegan and vegetarian diets, resulting in the growing demand for plant-based snack options like plant-based bars.

As consumers become increasingly health-conscious and seek better dietary choices, plant-based bars have emerged as a favored snack option. These bars are perceived as a healthier alternative to traditional snacks, as they are often free from artificial additives and preservatives and are rich in natural ingredients.

The rise in plant-based diets, including vegan and vegetarian lifestyles, has also significantly contributed to market growth. Many individuals are adopting these dietary preferences for health reasons, ethical concerns, or environmental sustainability, all of which align with the plant-based philosophy. Moreover, plant-based bars often offer nutritional benefits, such as being a good source of fiber, vitamins, minerals, and healthy fats, further enhancing their appeal to health-conscious consumers. This trend is expected to continue as consumers prioritize their well-being and look for convenient, nutritious, and sustainable snack options, thereby driving the growth of the Plant-Based Bars market.

Plant based bars market is segmented based on product, category, distribution channel, and region.

With respect to the product, the market size from the energy bars/ meal replacement bars segment could expand substantially through 2032. Plant-based energy and meal replacement bars offer a balanced combination of nutrients, vitamins, and protein derived from plant sources, making them an attractive choice for fitness enthusiasts and those seeking a convenient, nutritionally dense option. As plant-based bars continue to gain popularity for their health and environmental advantages, manufacturers are responding with innovative product offerings that will augment the industry outlook. Citing an instance, in March 2022, PANGAIA, a leading materials science firm, entered the superfood category with the launch of plant-based superfood bars.

In terms of category, the conventional plant-based bars industry is witnessing substantial growth from 2023-2032. Consumers are increasingly seeking healthier and more sustainable snack options. Conventional consumers are transitioning to plant-based bars as they are perceived as a better alternative to traditional, heavily processed snacks. Moreover, the convenience of these bars aligns with busy modern lifestyles. As the demand for plant-based options continues to rise, manufacturers are innovating within the conventional segment to meet the changing consumer preferences. For instance, In May 2022, Betterland Foods introduced its latest animal-free dairy product. The 'WOO', the initial bar was created to replicate the popular mix of chocolate, nougat, caramel, and peanuts found in conventional Snickers bars.

Based on the distribution channel, the supermarkets/hypermarket segment is estimated to record high product sales by the end of 2032, attributed to the availability of a wide variety of plant-based bars, making them easily accessible to a broad consumer base. As health-conscious and environmentally aware consumers increasingly seek plant-based alternatives, the convenience of finding these products in supermarkets and hypermarkets drives substantial growth. Moreover, the visibility of plant-based bars on store shelves and the availability of multiple brands and flavors contribute to consumer awareness and choice.

Asia Pacific held a sizable share of the global plant-based bars market in 2022 and is anticipated to record a robust growth rate between 2023 and 2032. Growing urbanization, changing lifestyles, and a shift toward healthier eating habits are driving the popularity of plant-based bars in the region. Furthermore, increasing disposable incomes and a growing middle-class population are boosting the affordability and accessibility of these products. In addition, an expanding vegan population base across major APAC countries will supplement the market growth. For instance, India has the largest vegan population in the world, with 24% of the consuming vegan and 574 million eating meat-free diets.

Product Code: 5686

Chapter 1 Methodology and Scope

1.1 Market definitions
1.2 Base estimates and working
1.3 Forecast calculations
- 1.3.1 COVID-19 impact parameters
  - 1.3.1.1 North America
  - 1.3.1.2 Europe
  - 1.3.1.3 APAC
  - 1.3.1.4 MEA
  - 1.3.1.5 LATAM
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid Sources
  - 1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Plant-Based Bars industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Category trends
- 2.1.3 Source trends
- 2.1.4 Product type trends
- 2.1.5 Distribution channel trends
- 2.1.6 Regional trends

Chapter 3 Global Plant-Based Bars Industry Insights

3.1 Industry segmentation
3.2 COVID-19 impact on world economy
3.3 Industry Ecosystem
- 3.3.1 Manufacturers
- 3.3.2 Vendor matrix
- 3.3.3 Profit margin analysis
- 3.3.4 Value addition at each stage
- 3.3.5 COVID-19 impact on industry value chain
3.4 Technology landscape
- 3.4.1 Patent Analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
- 3.5.3 China
3.6 Pricing analysis, by region
- 3.6.1 North America
- 3.6.2 Europe
- 3.6.3 APAC
- 3.6.4 LATAM
- 3.6.5 MEA
- 3.6.6 Cost structure analysis, 2022
3.7 Industry impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 The rising demand for healthy snacks is driving the market growth
  - 3.7.1.2 Consumer's increasing intolerance of animal protein is fostering market demand.
- 3.7.2 Pitfall and Challenges
  - 3.7.2.1 Limited Consumer Awareness
3.8 Innovation and sustainability
3.9 Growth potential analysis, 2022
3.10 Porter's analysis
3.11 PESTEL analysis
3.12 Impact of the COVID-19 on Plant-Based Bars market, by distribution channel
3.13 Impact of Russia-Ukraine war on Plant-Based Bars market

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share analysis by region, 2022
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Global Plant-Based Bars Market by Category, 2018 - 2032

5.1 Organic
- 5.1.1 Market estimates and forecast, 2018 - 2032
- 5.1.2 Market estimates and forecast, 2018 - 2032, by region
5.2 Conventional
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, 2018 - 2032, by region

Chapter 6 Global Plant-Based Bars Market by Source, 2018 - 2032

6.1 Soy
- 6.1.1 Market estimates and forecast, 2018 - 2032
- 6.1.2 Market estimates and forecast, 2018 - 2032, by region
6.2 Pea
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast, 2018 - 2032, by region
6.3 Rice
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast, 2018 - 2032, by region
6.4 Canola
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.4.2 Market estimates and forecast, 2018 - 2032, by region
6.5 Wheat
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.5.2 Market estimates and forecast, 2018 - 2032, by region
6.6 Nuts
- 6.6.1 Market estimates and forecast, 2018 - 2032
- 6.6.2 Market estimates and forecast, 2018 - 2032, by region
6.7 Others
- 6.7.1 Market estimates and forecast, 2018 - 2032
- 6.7.2 Market estimates and forecast, 2018 - 2032, by region

Chapter 7 Global Plant-Based Bars Market by Product Type, 2018 - 2032

7.1 Cereal/Granola Bars
- 7.1.1 Market estimates and forecast, 2018 - 2032
- 7.1.2 Market estimates and forecast, 2018 - 2032, by region
7.2 Protein Bars
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, 2018 - 2032, by region
7.3 Energy Bars/ Meal Replacements Bars
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, 2018 - 2032, by region
7.4 Fruits & Nuts Bars
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast, 2018 - 2032, by region
7.5 Others
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast, 2018 - 2032, by region

Chapter 8 Global Plant-Based Bars Market by Distribution Channel, 2018 - 2032

8.1 Supermarkets/Hypermarkets
- 8.1.1 Market estimates and forecast, 2018 - 2032
- 8.1.2 Market estimates and forecast, 2018 - 2032, by region
8.2 Convenience Stores
- 8.2.1 Market estimates and forecast, 2018 - 2032
- 8.2.2 Market estimates and forecast, 2018 - 2032, by region
8.3 Specialty Stores
- 8.3.1 Market estimates and forecast, 2018 - 2032
- 8.3.2 Market estimates and forecast, 2018 - 2032, by region
8.4 Online Retail Stores
- 8.4.1 Market estimates and forecast, 2018 - 2032
- 8.4.2 Market estimates and forecast, 2018 - 2032, by region

Chapter 9 Global Plant-Based Bars Market by Region, 2018 - 2032

9.1 North America
- 9.1.1 Market estimates and forecast, 2018 - 2032
- 9.1.2 Market estimates and forecast, 2018 - 2032, by category
- 9.1.3 Market estimates and forecast, 2018 - 2032, by source
- 9.1.4 Market estimates and forecast, 2018 - 2032, by product type
- 9.1.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.1.6 U.S.
  - 9.1.6.1 Market estimates and forecast, 2018 - 2032
  - 9.1.6.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.1.6.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.1.6.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.1.6.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.1.7 Canada
  - 9.1.7.1 Market estimates and forecast, 2018 - 2032
  - 9.1.7.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.1.7.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.1.7.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.1.7.5 Market estimates and forecast, 2018 - 2032, by distribution channel
9.2 Europe
- 9.2.1 Market estimates and forecast, 2018 - 2032
- 9.2.2 Market estimates and forecast, 2018 - 2032, by category
- 9.2.3 Market estimates and forecast, 2018 - 2032, by source
- 9.2.4 Market estimates and forecast, 2018 - 2032, by product type
- 9.2.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.2.6 Germany
  - 9.2.6.1 Market estimates and forecast, 2018 - 2032
  - 9.2.6.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.2.6.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.2.6.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.2.6.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.2.7 UK
  - 9.2.7.1 Market estimates and forecast, 2018 - 2032
  - 9.2.7.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.2.7.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.2.7.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.2.7.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.2.8 France
  - 9.2.8.1 Market estimates and forecast, 2018 - 2032
  - 9.2.8.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.2.8.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.2.8.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.2.8.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.2.9 Russia
  - 9.2.9.1 Market estimates and forecast, 2018 - 2032
  - 9.2.9.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.2.9.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.2.9.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.2.9.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.2.10 Italy
  - 9.2.10.1 Market estimates and forecast, 2018 - 2032
  - 9.2.10.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.2.10.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.2.10.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.2.10.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.2.11 Spain
  - 9.2.11.1 Market estimates and forecast, 2018 - 2032
  - 9.2.11.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.2.11.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.2.11.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.2.11.5 Market estimates and forecast, 2018 - 2032, by distribution channel
9.3 APAC
- 9.3.1 Market estimates and forecast, 2018 - 2032
- 9.3.2 Market estimates and forecast, 2018 - 2032, by category
- 9.3.3 Market estimates and forecast, 2018 - 2032, by source
- 9.3.4 Market estimates and forecast, 2018 - 2032, by product type
- 9.3.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.3.6 China
  - 9.3.6.1 Market estimates and forecast, 2018 - 2032
  - 9.3.6.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.3.6.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.3.6.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.3.6.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.3.7 India
  - 9.3.7.1 Market estimates and forecast, 2018 - 2032
  - 9.3.7.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.3.7.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.3.7.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.3.7.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.3.8 Japan
  - 9.3.8.1 Market estimates and forecast, 2018 - 2032
  - 9.3.8.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.3.8.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.3.8.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.3.8.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.3.9 South Korea
  - 9.3.9.1 Market estimates and forecast, 2018 - 2032
  - 9.3.9.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.3.9.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.3.9.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.3.9.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.3.10 Indonesia
  - 9.3.10.1 Market estimates and forecast, 2018 - 2032
  - 9.3.10.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.3.10.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.3.10.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.3.10.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.3.11 Malaysia
  - 9.3.11.1 Market estimates and forecast, 2018 - 2032
  - 9.3.11.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.3.11.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.3.11.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.3.11.5 Market estimates and forecast, 2018 - 2032, by distribution channel
9.4 Latin America (LATAM)
9.4..1 Market estimates and forecast, 2018 - 2032
- 9.4.2 Market estimates and forecast, 2018 - 2032, by category
- 9.4.3 Market estimates and forecast, 2018 - 2032, by source
- 9.4.4 Market estimates and forecast, 2018 - 2032, by product type
- 9.4.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.4.6 Brazil
  - 9.4.6.1 Market estimates and forecast, 2018 - 2032
  - 9.4.6.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.4.6.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.4.6.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.4.6.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.4.7 Mexico
  - 9.4.7.1 Market estimates and forecast, 2018 - 2032
  - 9.4.7.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.4.7.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.4.7.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.4.7.5 Market estimates and forecast, 2018 - 2032, by distribution channel
9.5 Middle East & Africa (MEA)
- 9.5.1 Market estimates and forecast, 2018 - 2032
- 9.5.2 Market estimates and forecast, 2018 - 2032, by category
- 9.5.3 Market estimates and forecast, 2018 - 2032, by source
- 9.5.4 Market estimates and forecast, 2018 - 2032, by product type
- 9.5.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.5.6 South Africa
  - 9.5.6.1 Market estimates and forecast, 2018 - 2032
  - 9.5.6.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.5.6.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.5.6.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.5.6.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.5.7 Saudi Arabia
  - 9.5.7.1 Market estimates and forecast, 2018 - 2032
  - 9.5.7.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.5.7.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.5.7.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.5.7.5 Market estimates and forecast, 2018 - 2032, by distribution channel
- 9.5.8 UAE
  - 9.5.8.1 Market estimates and forecast, 2018 - 2032
  - 9.5.8.2 Market estimates and forecast, 2018 - 2032, by category
  - 9.5.8.3 Market estimates and forecast, 2018 - 2032, by source
  - 9.5.8.4 Market estimates and forecast, 2018 - 2032, by product type
  - 9.5.8.5 Market estimates and forecast, 2018 - 2032, by distribution channel

Chapter 10 Company Profiles

10.1 Batory Foods BHU Foods
- 10.1.1 Business Overview
- 10.1.2 Financial Data
- 10.1.3 Product Landscape
- 10.1.4 Strategic Outlook
- 10.1.5 SWOT Analysis
10.2 Probar LLC
- 10.2.1 Business Overview
- 10.2.2 Financial Data
- 10.2.3 Product Landscape
- 10.2.4 Strategic Outlook
- 10.2.5 SWOT Analysis
10.3 General Mills, Inc.
- 10.3.1 Business Overview
- 10.3.2 Financial Data
- 10.3.3 Product Landscape
- 10.3.4 Strategic Outlook
- 10.3.5 SWOT Analysis
10.4 Simply Protein
- 10.4.1 Business Overview
- 10.4.2 Financial Data
- 10.4.3 Product Landscape
- 10.4.4 Strategic Outlook
- 10.4.5 SWOT Analysis
10.5 Nugo Nutrition
- 10.5.1 Business Overview
- 10.5.2 Financial Data
- 10.5.3 Product Landscape
- 10.5.4 Strategic Outlook
- 10.5.5 SWOT Analysis
10.6 Risebar
- 10.6.1 Business Overview
- 10.6.2 Financial Data
- 10.6.3 Product Landscape
- 10.6.4 Strategic Outlook
- 10.6.5 SWOT Analysis
10.7 Raw Rev
- 10.7.1 Business Overview
- 10.7.2 Financial Data
- 10.7.3 Product Landscape
- 10.7.4 Strategic Outlook
- 10.7.5 SWOT Analysis
10.8 Gomacro
- 10.8.1 Business Overview
- 10.8.2 Financial Data
- 10.8.3 Product Landscape
- 10.8.4 Strategic Outlook
- 10.8.5 SWOT Analysis
10.9 Orgain
- 10.9.1 Business Overview
- 10.9.2 Financial Data
- 10.9.3 Product Landscape
- 10.9.4 Strategic Outlook
- 10.9.5 SWOT Analysis
10.10 No Cow
- 10.10.1 Business Overview
- 10.10.2 Financial Data
- 10.10.3 Product Landscape
- 10.10.4 Strategic Outlook
- 10.10.5 SWOT Analysis
10.11 Nutree Life
- 10.11.1 Business Overview
- 10.11.2 Financial Data
- 10.11.3 Product Landscape
- 10.11.4 Strategic Outlook
- 10.11.5 SWOT Analysis