South America Nutritional Bars Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

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The South America nutritional bars market is expected to grow from US$ 674.55 million in 2022 to US$ 940.22 million by 2028. It is estimated to grow at a CAGR of 5.7% from 2022 to 2028.

Growing Preference for Healthy Snacking Among Millennials Drives South America Nutritional Bars Market

The millennial generation values health and focuses on managing their body weight to live a healthy lifestyle. They believe in eating right, exercising, and taking a proper diet. Additionally, social media intensifies their desire to appear healthy and vibrant. The growing number of fitness centers, health clubs, and gymnasiums is triggering the demand for healthy snacking products among millennials. Healthy snacking helps fulfill the body's need for proper nutrition. Nutritional bars are considered a suitable healthy snacking option as they contain proteins, omega-3 fatty acids, and fibers in high quantities. They are considered a healthier alternative to other bars due to their low sugar and additive content. These properties of nutritional bars assist in muscle repair by improving protein levels in the body, enhancing overall body performance, boosting metabolism, and lowering glucose and saturated fat levels before and after a workout. These products come in convenient packaging. In addition to proteins, these bars include daily essentials such as vitamins and immunity boosters that help fulfill the body's nutrient requirement, and aid muscle development and recovery. Nutritional bars support an active lifestyle and aid the diet regime. Millennials are generally aware of the nutrition need of their bodies, and nutritional bars provide a healthy option to fulfill those needs in their busy schedules. With hectic work schedules and changing lifestyles, the dependence of millennials on healthy snacking has increased.

South America Nutritional Bars Market Overview

The South America nutritional bars market is segmented into Brazil, Argentina, and the Rest of South America. The rising population and continuous improvement have positively affected the growth of the economy of Brazil and Argentina. The shift in consumer lifestyle and dietary patterns is a major factor boosting the growth of the South America nutritional bars market in the region, especially in Brazil. A large consumer base in Brazil consumes healthy snacks that are low-calorie, sugar-free, and gluten-free. Furthermore, the consumption of nutritional bars, such as energy bars, protein bars, and carbohydrate bars, is increasing across the region. Also, consumer preference for snacking and on-the-go convenient food consumption contribute to the South America nutritional bars market. In addition, the growing preference for a healthy lifestyle is a major factor fueling the South America nutritional bars market growth. The rise in fitness enthusiasts and growing consumer inclination toward a healthy lifestyle are the prime drivers of the South America nutritional bars market growth. The growing participation of people in sports at the national and international levels is likely to increase the number of athletes, which will boost the demand for protein bars and energy bars. Hence, the South America nutritional bars market is expected to grow during the forecast period.

South America Nutritional Bars Market Revenue and Forecast to 2028 (US$ Million)

South America Nutritional Bars Market Segmentation

The South America nutritional bars market is segmented into type, category, distribution channel, and country.

Based on type, the South America nutritional bars market is segmented into protein bars, high-fiber bars, and others. In 2022, the protein bars segment registered a largest share in the South America nutritional bars market.

Based on category, the South America nutritional bars market is bifurcated into conventional and gluten-free. In 2022, the conventional segment registered a larger share in the South America nutritional bars market.

Based on distribution channel, the South America nutritional bars market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. In 2022, the supermarkets & hypermarkets segment registered a largest share in the South America nutritional bars market.

Based on country, the South America nutritional bars market is segmented into Brazil, Argentina, and the Rest of South America. In 2022, the Rest of South America segment registered a largest share in the South America nutritional bars market.

Clif Bar & Co; General Mills Inc; Mars Inc; The Kellogg Co; The Quaker Oats Co; and The Simply Good Foods Co are the leading companies operating in the South America nutritional bars market.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America nutritional bars market.
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Scrutinize in-depth South America market trends and outlook coupled with the factors driving the nutritional bars market, as well as those hindering it
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Product Code: BMIRE00028072

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:

4. SAM Nutritional Bars Market Overview

4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion

5. SAM Nutritional Bars Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Preference for Healthy Snacking Among Millennials
- 5.1.2 Product Developments and Launches by Nutritional Bars Manufacturers
5.2 Market Restraints
- 5.2.1 Availability of Substitutes
5.3 Market Opportunities
- 5.3.1 Inclusion of Functional Claims on Labels
5.4 Future Trends
- 5.4.1 Rising Fitness Trends
5.5 Impact Analysis of Drivers and Restraints

6. Nutritional Bars - SAM Market Analysis

6.1 SAM Nutritional Bars Market -Revenue and Forecast to 2028 (US$ Million)

7. SAM Nutritional Bars Analysis - By Type

7.1 Overview
7.2 SAM Nutritional Bars Market, By Type (2021 and 2028)
7.3 Protein Bars
- 7.3.1 Overview
- 7.3.2 Protein Bars: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
7.4 High-Fiber Bars
- 7.4.1 Overview
- 7.4.2 High-Fiber Bars: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)

8. SAM Nutritional bars Market Analysis - By Category

8.1 Overview
8.2 SAM Nutritional bars Market, By Category (2021 and 2028)
8.3 Conventional
- 8.3.1 Overview
- 8.3.2 Conventional: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Gluten-Free
- 8.4.1 Overview
- 8.4.2 Gluten-Free: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)

9. SAM Nutritional Bars Analysis - By Distribution Channel

9.1 Overview
9.2 SAM Nutritional bars Market, By Distribution Channel (2021 and 2028)
9.3 Supermarkets and Hypermarkets
- 9.3.1 Overview
- 9.3.2 Supermarkets and Hypermarkets: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Stores
- 9.4.1 Overview
- 9.4.2 Convenience Stores: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
- 9.5.1 Overview
- 9.5.2 Online Retail: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: SAM Nutritional bars Market - Revenue and Forecast to 2028 (US$ Million)

10. SAM Nutritional Bars Market - Country Analysis

10.1 Overview
- 10.1.1 SAM: Nutritional Bars Market, by Key Country
  - 10.1.1.1 Brazil: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.1.1 Brazil: Nutritional Bars Market, By Type
    - 10.1.1.1.2 Brazil: Nutritional Bars Market, by Category
    - 10.1.1.1.3 Brazil: Nutritional Bars Market, by Distribution Channel
  - 10.1.1.2 Argentina: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.2.1 Argentina: Nutritional Bars Market, By Type
    - 10.1.1.2.2 Argentina: Nutritional Bars Market, by Category
    - 10.1.1.2.3 Argentina: Nutritional Bars Market, by Distribution Channel
  - 10.1.1.3 Rest of SAM: Nutritional Bars Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.1 Rest of SAM: Nutritional Bars Market, By Type
    - 10.1.1.3.2 Rest of SAM: Nutritional Bars Market, by Category
    - 10.1.1.3.3 Rest of SAM: Nutritional Bars Market, by Distribution Channel

11. Industry Landscape

11.1 Overview
11.2 Product launch

12. Company Profiles

12.1 The Simply Good Foods Co
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Clif Bar & Co
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 General Mills Inc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 The Kellogg Co
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 The Quaker Oats Co
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Mars Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index