PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1399770
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1399770
According to SPER Market Research, 'United Kingdom Snacks Bar Market Size-By Product Type, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the United Kingdom Snacks Bar Market is predicted to reach USD 1.49 billion by 2033 with CAGR of 3.12 %.
Ready-to-eat baked goods called snack bars can be created using granola, oats, chocolate, nuts, dried fruits, coconut oil, honey, peanut butter, or other ingredients. The two primary features of snack bars are their portability and nutritional value. When consumers are searching for wholesome and satisfying snacks, they see them as a wonderful substitute for baked goods that are heavy in calories.
The COVID-19 epidemic has affected the UK snack bar market in both positive and negative ways. On the one hand, the desire for wholesome snack options like snack bars has been fuelled by the pandemic's heightened emphasis on health and wellbeing. Snackers that are easy to eat at home and can be stored on shelves have been in high demand. However, producers of snack bars have faced difficulties due to the closing of foodservice locations, a decline in impulsive purchases, and unstable economic conditions.