Protein Snacks Market: From Research to Real-World Applications
The Global Protein Snacks Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
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The global protein snacks market size is expected to reach USD 8.93 Billion at a revenue CAGR of 10.1% in 2030, according to latest analysis by Emergen Research. The market revenue growth can be attributed to the fact that there is a rising preference for healthy snacking among customers. As protein snacks offer important benefits including contentment and energy hence, high-protein savory snacks are fulfilling the demand from consumers for healthy protein in savory forms. People spent more time at home during the shutdown which increased their consumption of savory snacks that were in high demand in 2020. Nuts, seeds, and trail mixes are a few goods that cater to customers demand for savory snacks with protein. For instance, fortified additions, such as Glanbia's CrunchieTM MilkProteinBites, can increase the protein content of trail mixes while adding a crunchy texture. Meat bars, such as those made popular in the U.S. by Epic and Krave, are similarly positioned to fill this demand. These single-serve, on-the-go snacks offer a filling, flavorful substitute for common protein bars. All these factors are driving demand for savory protein snacks and hence, driving market revenue growth.
The report studies the impact of the COVID-19 pandemic on the Protein Snacks market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2019-2030) Protein Bars Protein Cookies Protein Flakes Jerky Granola Yogurt Protein Drinks Others Sales Channel Outlook (Revenue, USD Billion; 2019-2030) E-Commerce Hypermarkets/Supermarkets Convenience Stores Specialty Stores Competitive Outlook:
The global Protein Snacks market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Protein Snacks market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Key Companies Profiled in the Report are:
Del Monte Foods, Inc, B&G Foods, Inc., PepsiCo, Hormel Foods Corporation, Unilever, Kellogg Co., Nestlé, Danone, Monsoon Harvest, Tyson Foods, Inc., and Clif Bar & Company
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The report aims to provide a complete analysis of the global Protein Snacks market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Protein Snacks market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Highlights of Table of Contents (TOC):
Overview of Global Protein Snacks Market
Competitive analysis of the Protein Snacks market
Regional analysis of Global Protein Snacks market production and revenue
Regional analysis of Global Protein Snacks market supply, consumption, and export & import
Type-based market analysis of global Protein Snacks production, revenue, and price trends
Application-based analysis of the global Protein Snacks market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Protein Snacks market
Global Protein Snacks market forecast (2020-2027)
Conclusion of the research report
Appendix
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