Protein Bar Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to protein bar market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Protein Bar Market News

in Protein Bar Market
  • In May 2024, Gelita will introduce Optibar, a novel ingredient for the manufacture of soft and sugar-free protein bars. The blend offers higher levels of protein with a long-lasting indulgent mouthfeel and acts as a sugar-free binder, enabling "low sugar" and "no sugar" claims.
  • In April of 2024, Ready, an industry leading active nutrition brand, launched its new Kids Whole Grain Protein Bars as part of its commitment to supporting families with healthier, great-tasting snack foods. The protein bars are specifically designed to align with children's active lives and offer 6 grams of protein, 8 grams of whole grains, and 20% less sugar compared to other leading kids' whole grain snack bars.
  • In 2024, Quest Nutrition continues to dominate the protein bar market by introducing cleaner and sustainable offerings. They launched a new line of protein bars, not only rich in protein but low in sugar levels, utilizing natural sweeteners like monk fruit. They are also committed to using more sustainable packaging in new products to capture sustainability trends. This campaign is aimed at environmentally aware and health-oriented consumers.

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Global Protein Bar Market size was valued at USD 14.18 Billion in 2023 and is poised to grow from USD 14.99 Billion in 2024 to USD 23.35 Billion by 2032, growing at a CAGR of 5.7% in the forecast period (2025-2032).

To meet a rising demand of health-aware buyers, the industry leaders in the competitive global protein bar industry are adopting strategies like product diversification, strategic alliance, and expansion. In response to other markets such as athletes, vegetarians, and clean label shoppers, large organizations are innovating by providing diversified tastes, forms, and ingredients. For trying to touch a larger pool of customers, participants are getting more involved with e-commerce sites. 'Gelita', 'Quest Nutrition', 'Ready', 'KIND LLC', 'RXBAR', 'Grenade', 'GoMacro', 'LÄRABAR', 'Vital Proteins', 'Nature Valley', 'Orgain', 'Primal Kitchen', 'BHU Fit', 'The Protein Works', 'Misfits Health', 'IQBAR'

Protein bars are increasingly popular among consumers as a convenient and healthy snack as awareness of healthy consumption increases. Protein bars are in demand among consumers seeking healthier options to conventional snacks because they are typically low in sugar and rich in healthy components. The demand for protein bars continues to grow as more individuals focus on their health and well-being.

Plant-Based Protein Bars: The plant-based protein bar market is predicted to grow with the increasing adoption of plant-based diets. Plant-based protein bars feature peas, rice, hemp, and other plant protein for vegetarians, vegans, and flexitarians. Manufacturers are introducing more flavors and forms with high levels of plant-based protein that are sustainable.

How Is North America Leading the Charge in Protein Bar Consumption?

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Global Protein Bar Market
Protein Bar Market

Report ID: SQMIG30I2467

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