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Exclusive Report on Europe Snack Bar Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Europe

The “Europe Snack Bar Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Europe Snack Bar market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Europe Snack Bar market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The Europe Snack Bar Market is forecasted to reach USD 3.7 billion by 2024 growing at a CAGR of 4.92% during the forecast period (2019 – 2024). The snack bar market in Europe is benefitting from consumers who prefer convenient, on-the-go meal and snack options. The longer-term rise in snacking on the go and rise in snacking between meals has helped the snack bar market growth in the region. The focus on healthy eating has benefited the market. Snack bars are commonly perceived as a healthier alternative to chocolate or confectionery, but due to product variation, they also enjoy a strong image as a treat. Product innovation has been a key driver, supporting visibility and consumer interest, and helping attract new clients to the market.

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    In Europe Snack Bar Market Report, Following Companies Are Covered:

  • Kellogg’s
  • PepsiCo Inc.
  • Post Holdings Clif Bar (LUNA BAR)
  • General Mills
  • Nestle S.A.
  • Abbott Laboratories Inc.
  • GlaxoSmithKline PLC
  • Associated British Foods

    Europe Snack Bar Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • The scope of the europe snack bar market is segmented by product type as Breakfast Bar, Granola / Muesli Bars, Energy and Nutrition Bars and Fruit Bars. The distribution channel is segmented as hypermarket, supermarkets, convenience stores, online channel, specialist retailers, discounters and others. The preference for breakfast bars has grown tremendously over the years, mainly due to their immense health benefits.With the changing lifestyle of the consumers the demand for nutritional and convinient snack bar is increasing in Europe.

    Reasons for Buying Europe Snack Bar Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    United Kingdom Contributing Maximum Share to the European Energy Bar Market

    Kellogg’s is the leading snack bar brand in the United Kingdom, and it has developed several products for its breakfast cereals market, including the child-oriented Frosties bars and Special K bars. Cereal and snack bars cannot be sold in British schools under the guidelines of School Food Trust (SFT). However, schools have started accepting them as part of a packed lunch, which serves as treat for children and gains their attention for the product. Close to half of the English population eat snacks at least once a week. Nearly18% of the adult consumers in the United Kingdom report snacking on-the-go at least once a day. The ongoing public focus on healthy eating has benefited the snack bars market in the country. Snack bars are widely perceived as a healthier alternative to products, like chocolate or confectionery; but due to product variation, they also enjoy a strong image as a treat.

    Energy Bar is the Fastest Growing Snack Bar

    Energy bars are primarily composed of carbohydrates, with smaller amounts of protein and fat. The high-carbohydrate content provides fuel for muscles, protein helps with muscle repair, and their low-fat/low-fiber formulation makes them easy to digest making them the perfect workout snack. Companies like Kellogg’s have products with high-protein content in snack bars with multiple flavor as well, like caramel pretzel cashew protein, which includes ingredients, such as, soy protein isolate, soluble corn fiber, cashew, palm kernel, soy lecithin, and palm oil among other ingredients. Manufacturers like MioBio Company are also coming up with energy bars with no added sugar, artificial sweetener, preservatives, GMOs, cereals, glutens or dairy products. However, the price of raw materials plays a major hurdle as it keeps changing.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Europe Snack Bar create from those of established entities?

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    Detailed TOC of Europe Snack Bar Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Distribution Channel
    5.1.1 Supermarkets/ Hypermarket
    5.1.2 Convenience Stores
    5.1.3 Online Channel
    5.1.4 Others
    5.2 By Type
    5.2.1 Breakfast Bar
    5.2.2 Granola / Muesli Bars
    5.2.3 Energy and Nutrition Bars
    5.2.4 Fruit Bars
    5.2.5 Others

    6 COMPETITIVE LANDSCAPE
    6.1 Market Share Analysis
    6.2 Most Active Companies
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Kellogg’s
    6.4.2 PepsiCo Inc.
    6.4.3 Post Holdings Clif Bar (LUNA BAR)
    6.4.4 General Mills
    6.4.5 Nestle S.A.
    6.4.6 Abbott Laboratories Inc.
    6.4.7 GlaxoSmithKline PLC
    6.4.8 Associated British Foods

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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