The Australia Nutritional Bars Market is projected to grow at a CAGR of over 6% during the forecast period on account of increasing inclination of customers towards new healthy and quick snacking options during the forecast period. Consumers are likely to spend more on healthy snack products driven by the changing lifestyle and dietary intake. These health benefit with convenience and while on-the-go snacking fuel the Nutritional bar market.
Notably, Australia Nutritional bars market is segmented into New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, Northern Territory. Among these regions, New South Wales is expected to continue its dominance as the leading region in Australia’s Nutritional bars market.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020–2024
Objective of the Study
- To analyze and forecast the market size of Australia Nutritional bars market, in terms of value and volume.
- To classify and forecast Australia Nutritional bars market based on product type and distribution channel and regional distribution.
- To identify drivers and challenges for Australia Nutritional bars market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia Nutritional bars market.
- To conduct the pricing analysis for Australia Nutritional bars market.
- To identify and analyze the profile of leading players involved in the Australia Nutritional bars Market.
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Some of the major players operating in Australia Nutritional bars market are Clif Bar & Company, Eclipse Organic, The Kellogg Company, General Mills, Inc., MARS Inc., Abbott Nutrition, Hormel Foods Corporation, The Balance Bar Company, NuGo Nutrition, MusclePharm Corporation.
marketinsights Research performed primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of Nutritional bar manufacturers and suppliers globally. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research was able to include manufacturers that could not be identified due to the limitations of secondary research. marketinsights Research analyzed product offerings, application, distribution channel and regional presence of all major Nutritional bar suppliers in Australia.
marketinsights Research calculated the market size for the Australia Nutritional bars market using a bottom-up approach, where manufacturers’ value data for different types of Nutritional bars were recorded as well as forecast for the future years. marketinsights Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, websites, white papers, investor presentations and financial reports were also studied by marketinsights Research.
Key Target Audience
- Nutritional bars manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to Nutritional bars market
- Market research and consulting firms related to Nutritional bars
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as
Report Scope
In this report, Australia Nutritional Bars Market has been segmented into following categories, in addition to the industry trends which have also been detailed below
Market, by
- Protein Bar
- Fiber Bar
- Snacks Bar
- Meal-Replacement Bar
- Others
- Market, by Distributional Channel
- Supermarket/Hypermarket
- Convenience Stores
- Independent Small Grocers
- Pharmacies
- Online
- Others
- Market, by Region
- New South Wales
- Victoria
- Queensland
- Western Australia
- South Australia
- Tasmania
- Northern Territory