Snack Bar Market Size
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Study Period | 2018 - 2030 |
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Market Size (2024) | USD 20.34 Billion |
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Market Size (2030) | USD 32.66 Billion |
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Largest Share by Distribution Channel | Supermarket/Hypermarket |
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CAGR (2024 - 2030) | 8.21 % |
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Largest Share by Region | North America |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Snack Bar Market Analysis
The Snack Bar Market size is estimated at 20.34 billion USD in 2024, and is expected to reach 32.66 billion USD by 2030, growing at a CAGR of 8.21% during the forecast period (2024-2030).
20.34 Billion
Market Size in 2024 (USD)
32.66 Billion
Market Size in 2030 (USD)
5.28 %
CAGR (2018-2023)
8.21 %
CAGR (2024-2030)
Largest Segment by Confectionery Variant
45.46 %
value share, Cereal Bar, 2023
The increased sales of cereal bars are driven by the fact that they are an easy and affordable attain nutritious breakfast or snack on the go, making it the largest segment.
Largest Segment by Region
67.20 %
value share, North America, 2023
Significant growth in sports and athletics in the region resulted in a demand for smaller portions of food with high nutritional value in the study period, enhancing growth.
Fastest-growing Segment by Confectionery variant
9.92 %
Projected CAGR, Protein Bar, 2024-2030
Sedentary lifestyles & hectic work schedules are leading consumers to look for healthier alternative in the market, thus increasing shares for products like protein bars.
Fastest-growing Segment by Region
11.48 %
Projected CAGR, South America, 2024-2030
The rising health consciousness amid the increasing prevalence of lifestyle diseases has enabled South American consumers to opt for healthy and sustainable snacking options.
Leading Market Player
10.89 %
market share, Kellogg Company, 2022
Product diversity in the sector, making innovative bars with varied protein content for a wide range of consumers, aided Kellogg's to occupy the market share in the market.
With major retailers making their footprints across all countries globally, there has been an increased market growth of cereal bars sold through supermarkets and hypermarkets
- The global retailing segment maintained growth of 23.05% by value in 2023 compared to 2020. The growth is anticipated with the consumers' growing inclination for convenience shopping facilities in the market. Aspects such as rising interest in in-person shopping and demand for discount offers, etc., are likely to drive the retailing industry drastically. Supermarkets and hypermarkets were observed to be the largest and the most dominating segment globally. As of 2022, the segment occupied a share of 46.40% by value, and the growth is promoted by the proliferation of the network of multinational brands in the market. Globally, Lidl was recognized as the largest supermarket chain with 11,200 outlets, followed by Aldi Sud with 7,200 outlets and Penny Market with 3,600 outlets as of 2022.
- The online retail channel is observed to be the fastest growing distribution channel and expected to observe a CAGR of 7.81% by value over the forecast period, accelerated by the increasing global internet penetration, increasing smartphone usage, and increasing and expansive network of grocery delivery chains. Online stores allow consumers to select from a large collection of product offerings marketed under private labels and mainstream brands. The rising number of smartphone users with the widespread penetration of the internet across key regions is anticipated to foster online sales of confectionery during the forecast period. As of April 2023, there were 5.18 billion internet users worldwide, which amounted to 64.6% of the global population.
- Convenience stores occupied the second-highest share of 29.47% by value in 2022. The sales are mostly favored by product positioning of products like candies and mints near billing kiosks.
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The rising prominence of snacking between the meals across the globe, has fueled the market to grow, with major share of 85% contributed by North America and Europe region
- The global snack bar market observed growth of 7.27% by value in 2023 compared to 2022. Snack bars are expected to be the fastest-growing segment in the global confectionery market over the forecast period. This is significantly due to the rising snack consumption between meals, demanding convenient on-the-go yet wholesome and nutritious snack options among consumers.
- North America is the largest-growing region, with a value share of 66.68% in 2023, with a Y-o-Y value growth rate of 7.66% compared to 2022. The growth is anticipated due to the increasing snacking among consumers across the region. As of 2023, more than 90% of consumers in the United States consumed snacks. In 2022, more than half (51%) of the consumers preferred regular, all-purpose snack bars and sought out other types of bar products.
- Europe is identified to be the second-largest snack bar market globally, expanding at a growth of 6.24% by value in 2023 compared to 2022. The consumption of snack bars is pervasive among European consumers. In 2022, more than half (58%) of United Kingdom consumers, 44% of Germans, and 30% of French consumers snacked between meals, including snack bars, as one of the on-the-go snacks. During 2021-2022, around 96% of the UK population consumed granola/cereal/snack bars at least occasionally.
- South America is the fastest-growing region in the snack bar confectionery market and is likely to attain a value growth of 50.32% during the forecast period. Health-oriented products, such as high-fiber, low-calorie, high-protein, and natural ingredients-containing snack bars, are gaining popularity. In 2022, 56% of consumers in Brazil consumed snack bars at least twice a week. They claimed that they consumed snack bars because they are nutritious and healthy.
Global Snack Bar Market Trends
The rising trend of convenient and healthy on-the-go options, along with the increasing number of fitness enthusiasts, remains the major factor for the market’s growth
- Snack bars are largely consumed across developed countries in North America and Europe. In North America, snack bars are highly preferred among working professionals as a replacement for oil-based snacks.
- In the snack bar segment, brand loyalty acquires the first position under product attributes. In North America, it was observed that 43% of consumers chose snack bars of their preferred brands. In Europe, snack bar consumers sought bars that could offer new sensory experiences, especially in shape and texture.
- The fluctuation in the product price is connected with the rise and fall in raw material prices, including cereals, grains, sugar, and others. In North America, in 2023, the average selling prices of cereal bars, protein bars, and fruit and nut bars were USD 6.54, USD 9.36, and USD 7.48, respectively.
- With the availability of snack bars in different flavors, they are enjoyed as a healthy treat by the younger generation. In Europe, consumers are increasingly turning to snack bars such as cereal bars, protein bars, and fruit & nut bars as a perceived healthier option.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Inclusion of superfood into the snack bar are driving the segment sales in the market
Snack Bar Industry Overview
The Snack Bar Market is fragmented, with the top five companies occupying 23.77%. The major players in this market are General Mills Inc., Kellogg Company, Mars Incorporated, Mondelēz International Inc. and Nestlé SA (sorted alphabetically).
Snack Bar Market Leaders
General Mills Inc.
Kellogg Company
Mars Incorporated
Mondelēz International Inc.
Nestlé SA
Other important companies include Abbott Laboratories, Associated British Foods plc, Ferrero International SA, Halo Foods Ltd, Lotus Bakeries, PepsiCo Inc., Post Holdings Inc., Simply Good Foods Co., The Hershey Company.
*Disclaimer: Major Players sorted in alphabetical order.
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Snack Bar Market News
- July 2023: Emirates Snack Foods (ESF) and Hershey have formed a partnership to expand Hershey's portfolio and develop products to expand the snacking market in the region.
- May 2023: Nestle’s Milo launched a protein snack bar offering 6 g of protein and a source of fiber. These protein snack bars retail at USD 8 for 180 g or six bars and are available in Coles and independent grocers across Australia.
- May 2023: Uncle Tobys unveiled a protein muesli bar in four new flavors. The muesli bar is made with 20% protein, i.e., 7 g of protein per bar, comes in multipacks of 5, and can be found in supermarkets for RRP AUD 6.70. The bars are available in flavors like Caramel and Dark Choc, Raspberry, Goji and White Choc, Lemon with a Yoghurty Drizzle, and Double Choc.
Free with this Report
We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the confectionery industry. With the help of 45+ free charts, clients can access in-depth market analysis based on price trend analysis of confectionery ingredients and per capita consumption of confections, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on confections, confectionery variants, sugar content, insights into consumer preferences and purchasing patterns, an overview of key market players, etc., are available in the form of comprehensive reports as well as excel-based data worksheets.
Snack Bar Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Regulatory Framework
- 4.2 Consumer Buying Behavior
- 4.3 Ingredient Analysis
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Confectionery Variant
- 5.1.1 Cereal Bar
- 5.1.2 Fruit & Nut Bar
- 5.1.3 Protein Bar
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5.2 Distribution Channel
- 5.2.1 Convenience Store
- 5.2.2 Online Retail Store
- 5.2.3 Supermarket/Hypermarket
- 5.2.4 Others
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5.3 Region
- 5.3.1 Africa
- 5.3.1.1 By Country
- 5.3.1.1.1 Egypt
- 5.3.1.1.2 Nigeria
- 5.3.1.1.3 South Africa
- 5.3.1.1.4 Rest of Africa
- 5.3.2 Asia-Pacific
- 5.3.2.1 By Country
- 5.3.2.1.1 Australia
- 5.3.2.1.2 China
- 5.3.2.1.3 India
- 5.3.2.1.4 Indonesia
- 5.3.2.1.5 Japan
- 5.3.2.1.6 Malaysia
- 5.3.2.1.7 New Zealand
- 5.3.2.1.8 South Korea
- 5.3.2.1.9 Rest of Asia-Pacific
- 5.3.3 Europe
- 5.3.3.1 By Country
- 5.3.3.1.1 Belgium
- 5.3.3.1.2 France
- 5.3.3.1.3 Germany
- 5.3.3.1.4 Italy
- 5.3.3.1.5 Netherlands
- 5.3.3.1.6 Russia
- 5.3.3.1.7 Spain
- 5.3.3.1.8 Switzerland
- 5.3.3.1.9 Turkey
- 5.3.3.1.10 United Kingdom
- 5.3.3.1.11 Rest of Europe
- 5.3.4 Middle East
- 5.3.4.1 By Country
- 5.3.4.1.1 Bahrain
- 5.3.4.1.2 Kuwait
- 5.3.4.1.3 Oman
- 5.3.4.1.4 Qatar
- 5.3.4.1.5 Saudi Arabia
- 5.3.4.1.6 United Arab Emirates
- 5.3.4.1.7 Rest of Middle East
- 5.3.5 North America
- 5.3.5.1 By Country
- 5.3.5.1.1 Canada
- 5.3.5.1.2 Mexico
- 5.3.5.1.3 United States
- 5.3.5.1.4 Rest of North America
- 5.3.6 South America
- 5.3.6.1 By Country
- 5.3.6.1.1 Argentina
- 5.3.6.1.2 Brazil
- 5.3.6.1.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Abbott Laboratories
- 6.4.2 Associated British Foods plc
- 6.4.3 Ferrero International SA
- 6.4.4 General Mills Inc.
- 6.4.5 Halo Foods Ltd
- 6.4.6 Kellogg Company
- 6.4.7 Lotus Bakeries
- 6.4.8 Mars Incorporated
- 6.4.9 Mondelēz International Inc.
- 6.4.10 Nestlé SA
- 6.4.11 PepsiCo Inc.
- 6.4.12 Post Holdings Inc.
- 6.4.13 Simply Good Foods Co.
- 6.4.14 The Hershey Company
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR CONFECTIONERY CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 2:
- VALUE OF SNACK BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 3:
- VOLUME OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 4:
- VALUE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, USD, GLOBAL, 2018 - 2030
- Figure 5:
- VOLUME SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 6:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 7:
- VOLUME OF CEREAL BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 8:
- VALUE OF CEREAL BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 9:
- VALUE SHARE OF CEREAL BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 10:
- VOLUME OF FRUIT & NUT BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 11:
- VALUE OF FRUIT & NUT BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 12:
- VALUE SHARE OF FRUIT & NUT BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 13:
- VOLUME OF PROTEIN BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 14:
- VALUE OF PROTEIN BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 15:
- VALUE SHARE OF PROTEIN BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 16:
- VOLUME OF SNACK BAR MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 17:
- VALUE OF SNACK BAR MARKET BY DISTRIBUTION CHANNEL, USD, GLOBAL, 2018 - 2030
- Figure 18:
- VOLUME SHARE OF SNACK BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 19:
- VALUE SHARE OF SNACK BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 20:
- VOLUME OF SNACK BAR MARKET SOLD VIA CONVENIENCE STORE, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 21:
- VALUE OF SNACK BAR MARKET SOLD VIA CONVENIENCE STORE, USD, GLOBAL, 2018 - 2030
- Figure 22:
- VALUE SHARE OF SNACK BAR MARKET SOLD VIA CONVENIENCE STORE BY CONFECTIONERY VARIANTS, %, GLOBAL, 2023 VS 2030
- Figure 23:
- VOLUME OF SNACK BAR MARKET SOLD VIA ONLINE RETAIL STORE, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 24:
- VALUE OF SNACK BAR MARKET SOLD VIA ONLINE RETAIL STORE, USD, GLOBAL, 2018 - 2030
- Figure 25:
- VALUE SHARE OF SNACK BAR MARKET SOLD VIA ONLINE RETAIL STORE BY CONFECTIONERY VARIANTS, %, GLOBAL, 2023 VS 2030
- Figure 26:
- VOLUME OF SNACK BAR MARKET SOLD VIA SUPERMARKET/HYPERMARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 27:
- VALUE OF SNACK BAR MARKET SOLD VIA SUPERMARKET/HYPERMARKET, USD, GLOBAL, 2018 - 2030
- Figure 28:
- VALUE SHARE OF SNACK BAR MARKET SOLD VIA SUPERMARKET/HYPERMARKET BY CONFECTIONERY VARIANTS, %, GLOBAL, 2023 VS 2030
- Figure 29:
- VOLUME OF SNACK BAR MARKET SOLD VIA OTHERS, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 30:
- VALUE OF SNACK BAR MARKET SOLD VIA OTHERS, USD, GLOBAL, 2018 - 2030
- Figure 31:
- VALUE SHARE OF SNACK BAR MARKET SOLD VIA OTHERS BY CONFECTIONERY VARIANTS, %, GLOBAL, 2023 VS 2030
- Figure 32:
- VOLUME OF SNACK BAR MARKET BY REGION, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 33:
- VALUE OF SNACK BAR MARKET BY REGION, USD, GLOBAL, 2018 - 2030
- Figure 34:
- VOLUME SHARE OF SNACK BAR MARKET BY REGION, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 35:
- VALUE SHARE OF SNACK BAR MARKET BY REGION, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 36:
- VOLUME OF SNACK BAR MARKET BY COUNTRY, METRIC TONNES, AFRICA, 2018 - 2030
- Figure 37:
- VALUE OF SNACK BAR MARKET BY COUNTRY, USD, AFRICA, 2018 - 2030
- Figure 38:
- VOLUME SHARE OF SNACK BAR MARKET BY COUNTRY, %, AFRICA, 2018 VS 2024 VS 2030
- Figure 39:
- VALUE SHARE OF SNACK BAR MARKET BY COUNTRY, %, AFRICA, 2018 VS 2024 VS 2030
- Figure 40:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, EGYPT, 2018 - 2030
- Figure 41:
- VALUE OF SNACK BAR MARKET, USD, EGYPT, 2018 - 2030
- Figure 42:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, EGYPT, 2023 VS 2030
- Figure 43:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, NIGERIA, 2018 - 2030
- Figure 44:
- VALUE OF SNACK BAR MARKET, USD, NIGERIA, 2018 - 2030
- Figure 45:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, NIGERIA, 2023 VS 2030
- Figure 46:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, SOUTH AFRICA, 2018 - 2030
- Figure 47:
- VALUE OF SNACK BAR MARKET, USD, SOUTH AFRICA, 2018 - 2030
- Figure 48:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, SOUTH AFRICA, 2023 VS 2030
- Figure 49:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, REST OF AFRICA, 2018 - 2030
- Figure 50:
- VALUE OF SNACK BAR MARKET, USD, REST OF AFRICA, 2018 - 2030
- Figure 51:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, REST OF AFRICA, 2023 VS 2030
- Figure 52:
- VOLUME OF SNACK BAR MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 53:
- VALUE OF SNACK BAR MARKET BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 54:
- VOLUME SHARE OF SNACK BAR MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 55:
- VALUE SHARE OF SNACK BAR MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 56:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, AUSTRALIA, 2018 - 2030
- Figure 57:
- VALUE OF SNACK BAR MARKET, USD, AUSTRALIA, 2018 - 2030
- Figure 58:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, AUSTRALIA, 2023 VS 2030
- Figure 59:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, CHINA, 2018 - 2030
- Figure 60:
- VALUE OF SNACK BAR MARKET, USD, CHINA, 2018 - 2030
- Figure 61:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, CHINA, 2023 VS 2030
- Figure 62:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, INDIA, 2018 - 2030
- Figure 63:
- VALUE OF SNACK BAR MARKET, USD, INDIA, 2018 - 2030
- Figure 64:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, INDIA, 2023 VS 2030
- Figure 65:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, INDONESIA, 2018 - 2030
- Figure 66:
- VALUE OF SNACK BAR MARKET, USD, INDONESIA, 2018 - 2030
- Figure 67:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, INDONESIA, 2023 VS 2030
- Figure 68:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, JAPAN, 2018 - 2030
- Figure 69:
- VALUE OF SNACK BAR MARKET, USD, JAPAN, 2018 - 2030
- Figure 70:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, JAPAN, 2023 VS 2030
- Figure 71:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, MALAYSIA, 2018 - 2030
- Figure 72:
- VALUE OF SNACK BAR MARKET, USD, MALAYSIA, 2018 - 2030
- Figure 73:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, MALAYSIA, 2023 VS 2030
- Figure 74:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, NEW ZEALAND, 2018 - 2030
- Figure 75:
- VALUE OF SNACK BAR MARKET, USD, NEW ZEALAND, 2018 - 2030
- Figure 76:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, NEW ZEALAND, 2023 VS 2030
- Figure 77:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, SOUTH KOREA, 2018 - 2030
- Figure 78:
- VALUE OF SNACK BAR MARKET, USD, SOUTH KOREA, 2018 - 2030
- Figure 79:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, SOUTH KOREA, 2023 VS 2030
- Figure 80:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 81:
- VALUE OF SNACK BAR MARKET, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 82:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 83:
- VOLUME OF SNACK BAR MARKET BY COUNTRY, METRIC TONNES, EUROPE, 2018 - 2030
- Figure 84:
- VALUE OF SNACK BAR MARKET BY COUNTRY, USD, EUROPE, 2018 - 2030
- Figure 85:
- VOLUME SHARE OF SNACK BAR MARKET BY COUNTRY, %, EUROPE, 2018 VS 2024 VS 2030
- Figure 86:
- VALUE SHARE OF SNACK BAR MARKET BY COUNTRY, %, EUROPE, 2018 VS 2024 VS 2030
- Figure 87:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, BELGIUM, 2018 - 2030
- Figure 88:
- VALUE OF SNACK BAR MARKET, USD, BELGIUM, 2018 - 2030
- Figure 89:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, BELGIUM, 2023 VS 2030
- Figure 90:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, FRANCE, 2018 - 2030
- Figure 91:
- VALUE OF SNACK BAR MARKET, USD, FRANCE, 2018 - 2030
- Figure 92:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, FRANCE, 2023 VS 2030
- Figure 93:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, GERMANY, 2018 - 2030
- Figure 94:
- VALUE OF SNACK BAR MARKET, USD, GERMANY, 2018 - 2030
- Figure 95:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, GERMANY, 2023 VS 2030
- Figure 96:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, ITALY, 2018 - 2030
- Figure 97:
- VALUE OF SNACK BAR MARKET, USD, ITALY, 2018 - 2030
- Figure 98:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, ITALY, 2023 VS 2030
- Figure 99:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, NETHERLANDS, 2018 - 2030
- Figure 100:
- VALUE OF SNACK BAR MARKET, USD, NETHERLANDS, 2018 - 2030
- Figure 101:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, NETHERLANDS, 2023 VS 2030
- Figure 102:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, RUSSIA, 2018 - 2030
- Figure 103:
- VALUE OF SNACK BAR MARKET, USD, RUSSIA, 2018 - 2030
- Figure 104:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, RUSSIA, 2023 VS 2030
- Figure 105:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, SPAIN, 2018 - 2030
- Figure 106:
- VALUE OF SNACK BAR MARKET, USD, SPAIN, 2018 - 2030
- Figure 107:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, SPAIN, 2023 VS 2030
- Figure 108:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, SWITZERLAND, 2018 - 2030
- Figure 109:
- VALUE OF SNACK BAR MARKET, USD, SWITZERLAND, 2018 - 2030
- Figure 110:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, SWITZERLAND, 2023 VS 2030
- Figure 111:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, TURKEY, 2018 - 2030
- Figure 112:
- VALUE OF SNACK BAR MARKET, USD, TURKEY, 2018 - 2030
- Figure 113:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, TURKEY, 2023 VS 2030
- Figure 114:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, UNITED KINGDOM, 2018 - 2030
- Figure 115:
- VALUE OF SNACK BAR MARKET, USD, UNITED KINGDOM, 2018 - 2030
- Figure 116:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, UNITED KINGDOM, 2023 VS 2030
- Figure 117:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, REST OF EUROPE, 2018 - 2030
- Figure 118:
- VALUE OF SNACK BAR MARKET, USD, REST OF EUROPE, 2018 - 2030
- Figure 119:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, REST OF EUROPE, 2023 VS 2030
- Figure 120:
- VOLUME OF SNACK BAR MARKET BY COUNTRY, METRIC TONNES, MIDDLE EAST, 2018 - 2030
- Figure 121:
- VALUE OF SNACK BAR MARKET BY COUNTRY, USD, MIDDLE EAST, 2018 - 2030
- Figure 122:
- VOLUME SHARE OF SNACK BAR MARKET BY COUNTRY, %, MIDDLE EAST, 2018 VS 2024 VS 2030
- Figure 123:
- VALUE SHARE OF SNACK BAR MARKET BY COUNTRY, %, MIDDLE EAST, 2018 VS 2024 VS 2030
- Figure 124:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, BAHRAIN, 2018 - 2030
- Figure 125:
- VALUE OF SNACK BAR MARKET, USD, BAHRAIN, 2018 - 2030
- Figure 126:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, BAHRAIN, 2023 VS 2030
- Figure 127:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, KUWAIT, 2018 - 2030
- Figure 128:
- VALUE OF SNACK BAR MARKET, USD, KUWAIT, 2018 - 2030
- Figure 129:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, KUWAIT, 2023 VS 2030
- Figure 130:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, OMAN, 2018 - 2030
- Figure 131:
- VALUE OF SNACK BAR MARKET, USD, OMAN, 2018 - 2030
- Figure 132:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, OMAN, 2023 VS 2030
- Figure 133:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, QATAR, 2018 - 2030
- Figure 134:
- VALUE OF SNACK BAR MARKET, USD, QATAR, 2018 - 2030
- Figure 135:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, QATAR, 2023 VS 2030
- Figure 136:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, SAUDI ARABIA, 2018 - 2030
- Figure 137:
- VALUE OF SNACK BAR MARKET, USD, SAUDI ARABIA, 2018 - 2030
- Figure 138:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, SAUDI ARABIA, 2023 VS 2030
- Figure 139:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 140:
- VALUE OF SNACK BAR MARKET, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 141:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 142:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, REST OF MIDDLE EAST, 2018 - 2030
- Figure 143:
- VALUE OF SNACK BAR MARKET, USD, REST OF MIDDLE EAST, 2018 - 2030
- Figure 144:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, REST OF MIDDLE EAST, 2023 VS 2030
- Figure 145:
- VOLUME OF SNACK BAR MARKET BY COUNTRY, METRIC TONNES, NORTH AMERICA, 2018 - 2030
- Figure 146:
- VALUE OF SNACK BAR MARKET BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 147:
- VOLUME SHARE OF SNACK BAR MARKET BY COUNTRY, %, NORTH AMERICA, 2018 VS 2024 VS 2030
- Figure 148:
- VALUE SHARE OF SNACK BAR MARKET BY COUNTRY, %, NORTH AMERICA, 2018 VS 2024 VS 2030
- Figure 149:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, CANADA, 2018 - 2030
- Figure 150:
- VALUE OF SNACK BAR MARKET, USD, CANADA, 2018 - 2030
- Figure 151:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, CANADA, 2023 VS 2030
- Figure 152:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, MEXICO, 2018 - 2030
- Figure 153:
- VALUE OF SNACK BAR MARKET, USD, MEXICO, 2018 - 2030
- Figure 154:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, MEXICO, 2023 VS 2030
- Figure 155:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, UNITED STATES, 2018 - 2030
- Figure 156:
- VALUE OF SNACK BAR MARKET, USD, UNITED STATES, 2018 - 2030
- Figure 157:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, UNITED STATES, 2023 VS 2030
- Figure 158:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, REST OF NORTH AMERICA, 2018 - 2030
- Figure 159:
- VALUE OF SNACK BAR MARKET, USD, REST OF NORTH AMERICA, 2018 - 2030
- Figure 160:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, REST OF NORTH AMERICA, 2023 VS 2030
- Figure 161:
- VOLUME OF SNACK BAR MARKET BY COUNTRY, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
- Figure 162:
- VALUE OF SNACK BAR MARKET BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
- Figure 163:
- VOLUME SHARE OF SNACK BAR MARKET BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
- Figure 164:
- VALUE SHARE OF SNACK BAR MARKET BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
- Figure 165:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, ARGENTINA, 2018 - 2030
- Figure 166:
- VALUE OF SNACK BAR MARKET, USD, ARGENTINA, 2018 - 2030
- Figure 167:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, ARGENTINA, 2023 VS 2030
- Figure 168:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, BRAZIL, 2018 - 2030
- Figure 169:
- VALUE OF SNACK BAR MARKET, USD, BRAZIL, 2018 - 2030
- Figure 170:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, BRAZIL, 2023 VS 2030
- Figure 171:
- VOLUME OF SNACK BAR MARKET, METRIC TONNES, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 172:
- VALUE OF SNACK BAR MARKET, USD, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 173:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANTS, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 174:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, GLOBAL, 2018 - 2023
- Figure 175:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2018 - 2023
- Figure 176:
- VALUE SHARE OF MAJOR PLAYERS, %, GLOBAL, 2022
Snack Bar Industry Segmentation
Cereal Bar, Fruit & Nut Bar, Protein Bar are covered as segments by Confectionery Variant. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- The global retailing segment maintained growth of 23.05% by value in 2023 compared to 2020. The growth is anticipated with the consumers' growing inclination for convenience shopping facilities in the market. Aspects such as rising interest in in-person shopping and demand for discount offers, etc., are likely to drive the retailing industry drastically. Supermarkets and hypermarkets were observed to be the largest and the most dominating segment globally. As of 2022, the segment occupied a share of 46.40% by value, and the growth is promoted by the proliferation of the network of multinational brands in the market. Globally, Lidl was recognized as the largest supermarket chain with 11,200 outlets, followed by Aldi Sud with 7,200 outlets and Penny Market with 3,600 outlets as of 2022.
- The online retail channel is observed to be the fastest growing distribution channel and expected to observe a CAGR of 7.81% by value over the forecast period, accelerated by the increasing global internet penetration, increasing smartphone usage, and increasing and expansive network of grocery delivery chains. Online stores allow consumers to select from a large collection of product offerings marketed under private labels and mainstream brands. The rising number of smartphone users with the widespread penetration of the internet across key regions is anticipated to foster online sales of confectionery during the forecast period. As of April 2023, there were 5.18 billion internet users worldwide, which amounted to 64.6% of the global population.
- Convenience stores occupied the second-highest share of 29.47% by value in 2022. The sales are mostly favored by product positioning of products like candies and mints near billing kiosks.
| Confectionery Variant | Cereal Bar | ||
| Fruit & Nut Bar | |||
| Protein Bar | |||
| Distribution Channel | Convenience Store | ||
| Online Retail Store | |||
| Supermarket/Hypermarket | |||
| Others | |||
| Region | Africa | By Country | Egypt |
| Nigeria | |||
| South Africa | |||
| Rest of Africa | |||
| Region | Asia-Pacific | By Country | Australia |
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Malaysia | |||
| New Zealand | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Region | Europe | By Country | Belgium |
| France | |||
| Germany | |||
| Italy | |||
| Netherlands | |||
| Russia | |||
| Spain | |||
| Switzerland | |||
| Turkey | |||
| United Kingdom | |||
| Rest of Europe | |||
| Region | Middle East | By Country | Bahrain |
| Kuwait | |||
| Oman | |||
| Qatar | |||
| Saudi Arabia | |||
| United Arab Emirates | |||
| Rest of Middle East | |||
| Region | North America | By Country | Canada |
| Mexico | |||
| United States | |||
| Rest of North America | |||
| Region | South America | By Country | Argentina |
| Brazil | |||
| Rest of South America |
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Market Definition
- Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
- Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
- Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
- Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums
| Keyword | Definition |
|---|---|
| Dark Chocolate | Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk. |
| White Chocolate | White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent. |
| Milk Chocolate | Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product. |
| Hard Candy | A candy made of sugar and corn syrup boiled without crystallizing. |
| Toffees | A hard, chewy, often brown sweet that is made from sugar boiled with butter. |
| Nougats | A chewy or brittle candy containing almonds or other nuts and sometimes fruit. |
| Cereal bar | A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup. |
| Protein bar | Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats. |
| Fruit & Nut bar | These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings. |
| NCA | The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats. |
| CGMP | Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies. |
| Unstandardized foods | Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner. |
| GI | The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time |
| Skimmed milk powder | Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying. |
| Flavanols | Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages. |
| WPC | Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein. |
| LDL | Low density Lipoprotein- the bad cholesterol |
| HDL | High density Lipoprotein- the good cholesterol |
| BHT | butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative. |
| Carrageenan | Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks. |
| Free form | Not containing certain ingredients, such as gluten, dairy, or sugar. |
| Cocoa butter | It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery. |
| Pastellies | A type of of Brazilian candy made from sugar, eggs, and milk. |
| Draggees | Small, round candies that are coated with a hard sugar shell |
| CHOPRABISCO | Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry. |
| European Directive 2000/13 | A European Union directive that regulates the labeling of food products |
| Kakao-Verordnung | The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany. |
| FASFC | Federal Agency for the Safety of the Food Chain |
| Pectin | A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture. |
| Invert sugars | A type of sugar that is made up of glucose and fructose. |
| Emulsifier | A substance that helps to mix to liquids that does not mix together. |
| Anthocyanins | A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery. |
| Functional Foods | Foods that have been modified to provide additional health benefits beyond basic nutrition. |
| Kosher certificate | This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law |
| Chicory root extract | A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate |
| RDD | Recommended daily dose |
| Gummies | A chewy gelatin-based candy that is often flavored with fruit. |
| Nutraceuticals | Food or dietary supplements that are claimed to have health benefits. |
| Energy bars | Snack bars that are high in carbohydrates and calories are designed to provide energy on the go. |
| BFSO | Belgian Food Safety Organization for the food chain. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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