Press Release
Press Release
North America holds a significant share of the snack bars industry owing to the growing demand for convenience food products in the region. Moreover, the surging health-consciousness owing to the rising prevalence of health-related issues such as obesity in the United States and Canada is propelling the market growth of snack bars. Furthermore, the development of various innovative snack bars offering numerous health benefits is augmenting the industry growth. In addition, the growing demand for on-the-go convenient snacks owing to the hectic lifestyle of the working population is increasing the demand for snack bars, which is invigorating the industry growth, hence significantly contributing to the market growth.
Nestlé S.A. (SWX: NESN), one of the leading companies in the market, launched a new range of YES! snack bars in July 2020. Each bar contains 10 grams of plant protein from a natural combination of peas and nuts. The company launched the product in the wake of recent research that inferred that the demand for natural protein sources with no additives is surging. The YES! Bar carries 10 grams of plant protein to provide energy to the consumers on-the-go. The bars are made of wholesome ingredients and contain no artificial colours or preservatives. They are high in fibre, are gluten-free, and are suitable for vegetarians. It also provides a diverse choice to consumers looking for innovative plant-based protein. The product is expected to be available in two flavours in sustainable packaging. The development of such products is expected to augment the market growth.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global market for snack bars are Kellogg Company, Nestlé S.A., PepsiCo, Inc., Associated British Foods PLC, General Mills Inc., and Clif Bar & Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.