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Australia Snack Bar Market Size, Share, Analysis, Forecast: By Ingredient: Dried Fruits, Nuts, Whole Grains, Others; By Product Type: Fruit Bar, Cereals Bar, Energy and Nutrition Bar, Granola/Muesli Bar, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Others; Regional Analysis; Competitive Landscape; 2024-2032
Australia Snack Bar Market Outlook
The Australia snack bar market size is projected to grow at a CAGR of 5.43% between 2024 and 2032.
Key Takeaways
- As indicated by the USDA, Australia's oat production for 2023/2024 is estimated at 1.1 million metric tonnes, consequently driving the demand for cereals, and muesli.
- Australia ranks second globally, contributing 10% to almond production, consequently driving the country's snack bar market, especially in energy bars where almonds are commonly utilized.
- As per the Department of Agriculture, Fisheries, and Forestry, the value of horticultural production is projected to achieve a new peak of $17.8 billion in 2024-25, leading to a rise in fruit production and subsequently increasing the demand for fruit bars.
Cereal bars contribute to the Australia snack bar market growth by offering the ability to be enriched with vitamins and minerals, providing a convenient means to supplement essential nutrients in one's diet
Cereal bars in the snack market offer convenience for busy lifestyles, aiding digestion with rich fibre, providing a diverse range of flavours, fortified nutrients, quick energy, and easy portion control.
Energy and nutrition bars cater to muscle growth with protein, act as meal replacements, enhance athletic performance, support post-exercise recovery, provide healthy fats, and dietary variety, and boast a long shelf life.
In 2023, Nuzest, an Australian nutra firm, introduced a multivitamin snack bar in APAC, the UK, and USA, offering an all-in-one nutritional boost featuring their Good Green Vitality supplement powder, encompassing 75 vitamins, minerals, probiotics, fibre, and essential nutrients.
Market Segmentation
Australia Snack Bar Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Ingredient
- Dried Fruits
- Nuts
- Whole Grains
- Other
Market Breakup by Product Type
- Fruit Bar
- Cereals Bar
- Energy and Nutrition Bar
- Granola/Muesli Bar
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia snack bar market key players are Nestle’ Australia Ltd., Carman’s Fine Foods Pty Ltd., General Mills Australia Pty Ltd., Kellogg (Aust.) Pty. Ltd., Atkins Nutritionals, Inc., Koja Health Pty Ltd., Mars, Incorporated, THG Nutrition Limited, Go Natural, and Bundys Health 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:
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| Breakup by Ingredient |
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| Breakup by Product Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 Snack Bar Market Overview
8.1 Key Industry Highlights
8.2 Australia Snack Bar Historical Market (2018-2023)
8.3 Australia Snack Bar Market Forecast (2024-2032)
9 Australia Snack Bar Market by Ingredient
9.1 Dried Fruits
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Nuts
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Whole Grains
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 Australia Snack Bar Market by Product Type
10.1 Fruit Bar
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cereals Bar
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Energy and Nutrition Bar
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Granola/Muesli Bar
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Australia Snack Bar Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Snack Bar Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Nestle’ Australia Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Carman’s Fine Foods Pty Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 General Mills Australia Pty Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Kellogg (Aust.) Pty. Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Atkins Nutritionals, Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Koja Health Pty Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mars, Incorporated
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 THG Nutrition Limited
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Go Natural
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Bundys Health
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Snack Bar Market: Key Industry Highlights, 2018 and 2032
2. Australia Snack Bar Historical Market: Breakup by Ingredient (USD Million), 2018-2023
3. Australia Snack Bar Market Forecast: Breakup by Ingredient (USD Million), 2024-2032
4. Australia Snack Bar Historical Market: Breakup by Product Type (USD Million), 2018-2023
5. Australia Snack Bar Market Forecast: Breakup by Product type (USD Million), 2024-2032
6. Australia Snack Bar Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Australia Snack Bar Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Australia Snack Bar Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Snack Bar Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Australia Snack Bar Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.43% between 2024 and 2032.
The snack bar market is categorised according to ingredients, which include dried fruits, nuts, whole grains, and others.
The key players are Nestle’ Australia Ltd., Carman’s Fine Foods Pty Ltd., General Mills Australia Pty Ltd., Kellogg (Aust.) Pty. Ltd., Atkins Nutritionals, Inc., Koja Health Pty Ltd., Mars, Incorporated, THG Nutrition Limited, Go Natural, and Bundys Health among others.
Based on snack bar product type, the market is divided into fruit bars, cereals bars, energy and nutrition bars, granola/muesli bars and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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