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Australia Protein Bar Market

Australia Protein Bar Market Size, Share, Growth, Analysis: By Source: Plant-Based, Animal-Based, By Type: Meal Replacement Bar, Sports Nutrition Bar, Vegetarian Protein Bar, Gluten-Free Protein Bar, Others; By End Use: Adult Male, Adult Female, Others; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Australia Protein Bar Market Outlook

The Australia protein bar market size reached USD 271.38 million in 2023. The market is expected to grow at a CAGR of 5.65% between 2024 and 2032, reaching almost USD 440.06 million by 2032.

 

Key Takeaways

  • The Australian Institute of Health and Welfare reported that the adult population aged 20-39 years in Australia in 2022 was 72,64,645.
  • The Australia protein bar market growth is indicated by the increase in the percentage of adults aged 18-64 meeting physical activity guidelines, rising from 17.0% in 2017-18 to 22.4% in 2022, according to the Australian Bureau of Statistics.
  • In 2022, nearly one-quarter (23.9%) of individuals aged 15 years and older met the physical activity guidelines, as reported by the Australian Bureau of Statistics.

 

Based on the source, plant-based boosts the Australia protein bar market due to the growing trend towards veganism

Plant-based protein bars cater to vegans and vegetarians, are allergen-free, and eco-friendly. They provide various protein sources, aid digestion, and have low saturated fats, appealing to health-conscious individuals.

 

In 2023, Australian confectioner Menz collaborated with breakfast brand Carman to produce a limited-edition Violet Crumble protein bar. The bars included elements of Violet Crumble's honeycomb, peanuts, and milk chocolate, alongside natural ingredients.

 

Animal-based protein bars offer complete proteins - BCAAs for muscle recovery, muscle growth support, easy absorption, nutrients like iron and B12, and sustained energy, ideal for athletes.

 

Australia Protein Bar Market

 

Market Segmentation

Australia Protein Bar Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Source

  • Plant-Based 
  • Animal-Based

 

Market Breakup by Type

  • Meal Replacement Bar
  • Sports Nutrition Bar
  • Vegetarian Protein Bar
  • Gluten-Free Protein Bar
  • Others 

 

Market Breakup by End Use

  • Adult Male 
  • Adult Female  
  • Others 

 

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Mass Merchandisers 
  • Others 

 

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

 

The Australia protein bar market key players are HITEX CONFECTIONERY PTY LTD, Kuranda Wholefoods, Annex Foods, Future Bake Australia Pty Ltd, Omniblend Pty Ltd, and FERNDALE FOODS AUSTRALIA among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Type
  • End Use
  • Distribution Channel
  • Region
Breakup by Source
  • Plant-Based 
  • Animal-Based
Breakup by Type
  • Meal Replacement Bar
  • Sports Nutrition Bar
  • Vegetarian Protein Bar
  • Gluten-Free Protein Bar
  • Others
Breakup by End Use
  • Adult Male 
  • Adult Female  
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Mass Merchandisers 
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • HITEX CONFECTIONERY PTY LTD
  • Kuranda Wholefoods
  • Annex Foods
  • Future Bake Australia Pty Ltd
  • Omniblend Pty Ltd
  • FERNDALE FOODS AUSTRALIA
  • Others

 

Australia Protein Bar Market Report Snapshots

Australia Protein Bar Market Size

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Australia Protein Bar Market Overview

    8.1    Key Industry Highlights
    8.2    Australia Protein Bar Historical Market (2018-2023) 
    8.3    Australia Protein Bar Market Forecast (2024-2032) 
9    Australia Protein Bar Market by Source
    9.1     Plant-Based 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Animal-Based
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Australia Protein Bar Market by Type
    10.1    Meal Replacement Bar
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Sports Nutrition Bar
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Vegetarian Protein Bar
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Gluten-Free Protein Bar
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others 
11    Australia Protein Bar Market by End Use
    11.1    Adult Male 
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Adult Female  
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Others 
12    Australia Protein Bar Market by Distribution Channel  
    12.1    Supermarkets and Hypermarkets
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Convenience Stores
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Specialty Stores
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Online Stores
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Mass Merchandisers 
        12.5.1    Historical Trend (2018-2023)
        12.5.2    Forecast Trend (2024-2032)
    12.6    Others 
13    Australia Protein Bar Market by Region
    13.1    New South Wales
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Victoria
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Queensland
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Australian Capital Territory
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Western Australia
        13.5.1    Historical Trend (2018-2023)
        13.5.2    Forecast Trend (2024-2032)
    13.6    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    HITEX CONFECTIONERY PTY LTD   
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Kuranda Wholefoods     
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Annex Foods     
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Future Bake Australia Pty Ltd     
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Omniblend Pty Ltd    
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    FERNDALE FOODS AUSTRALIA     
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables 

1.    Australia Protein Bar Market: Key Industry Highlights, 2018 and 2032
2.    Australia Protein Bar Historical Market: Breakup by Source (USD Million), 2018-2023
3.    Australia Protein Bar Market Forecast: Breakup by Source (USD Million), 2024-2032
4.    Australia Protein Bar Historical Market: Breakup by Type (USD Million), 2018-2023
5.    Australia Protein Bar Market Forecast: Breakup by Type (USD Million), 2024-2032
6.    Australia Protein Bar Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Australia Protein Bar Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Australia Protein Bar Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9.    Australia Protein Bar Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10.    Australia Protein Bar Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Australia Protein Bar Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    Australia Protein Bar Market Structure

Key Questions Answered in the Report

The market was valued at USD 271.38 million in 2023.

The market is projected to grow at a CAGR of 5.65% between 2024 and 2032.

The revenue generated from the market is expected to reach USD 440.06 million in 2032.

The protein bar market is categorised according to the source, which includes plant-based and animal-based.

The key players are HITEX CONFECTIONERY PTY LTD, Kuranda Wholefoods, Annex Foods, Future Bake Australia Pty Ltd, Omniblend Pty Ltd, and FERNDALE FOODS AUSTRALIA among others.

Based on the protein bar end use, the market is divided into adult males, adult females and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

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