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The global energy balls market size reached approximately USD 369.29 million in 2023. The market is estimated to grow at a CAGR of 6.5% in the forecast period of 2024-2032, reaching a value of around USD 648.75 million by 2032.
Energy balls or protein balls are bite-sized nutritious snacks that are generally made of oats, nut butter, sweetener, dried fruits, and protein powder, among others. They are a popular choice for healthy go-to snacks and can be customised depending on a person’s preference.
Based on the ingredient, the market is divided into nut-based, fruit-based, and chocolate-based. On the basis of nature, the market is bifurcated into organic and conventional. The energy balls market segmentation, on the basis of distribution channel, includes hypermarket/supermarket, convenience stores, speciality stores, and online, among others. The major regional markets of energy balls are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the energy balls market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Nut-based ingredients such as peanut, walnut, hazelnut, and almond, among others, occupy a significant portion of the energy balls market share as they provide multiple health benefits to consumers. They are loaded with antioxidants such as polyphenols that protect cells and combat oxidative stress. Nut-based energy balls also promote weight loss as a good proportion of fat is not absorbed by the body and it reduces appetite. Furthermore, they improve gut health, promote heart health, and balance cholesterol levels.
North America accounts for a substantial share of the global market due to the growing health consciousness among consumers in the region. The emerging trend of frequent meals and snacking supports the growth of easy-to-prepare go-to snacks, propelling the energy balls market demand. The expansion of supermarkets and convenience stores, coupled with the availability of different energy ball flavours in these distribution channels, also provides a positive market outlook. With high proliferation of smartphones, online retail stores are gaining traction and creating new opportunities for the market.
Deliciously Ella Ltd, founded in 2012, is a plant-based food platform, headquartered in London, the United Kingdom. It is known for its food and wellness app, cookbooks, and food products in the United Kingdom.
The Protein Ball Co, established in 2015, is a provider of protein and vitamin balls, based in West Sussex, the United Kingdom. Its products consist of healthy and natural ingredients that contain no added preservatives or gluten.
Fairnatural GmbH is a food and beverage company that was incorporated in 2017 and headquartered in Heidelberg, Germany. It provides high-quality organic food supplements to promote health and wellness among their consumers.
Other energy balls market players include The Hut.com Limited (Boostball), Bounce Brands Limited, Just Wholefoods Ltd, and Nüttree SARL, DIETE SPORT France (OVERSTIM.s), Betty Lou's Inc., among others.
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 Nature |
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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
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Energy Balls Market Analysis
8.1 Key Industry Highlights
8.2 Global Energy Balls Historical Market (2018-2023)
8.3 Global Energy Balls Market Forecast (2024-2032)
8.4 Global Energy Balls Market by Ingredient
8.4.1 Nut-based
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Fruit-based
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Chocolate-based
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Energy Balls Market by Nature
8.5.1 Organic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conventional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Energy Balls Market by Distribution Channel
8.6.1 Hypermarket/Supermarket
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Speciality Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Energy Balls Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Energy Balls Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Energy Balls Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Energy Balls Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Energy Balls Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Energy Balls Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 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 The Hut.com Limited (Boostball)
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 Bounce Brands Limited
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 Deliciously Ella Ltd.
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 The Protein Ball Co
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 Fairnatural GmbH
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 Just Wholefoods Ltd.
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 Nuttree SARL
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 DIETE SPORT France (OVERSTIM.s)
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Betty Lou's Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Energy Balls Market: Key Industry Highlights, 2018 and 2032
2. Global Energy Balls Historical Market: Breakup by Ingredient (USD Million), 2018-2023
3. Global Energy Balls Market Forecast: Breakup by Ingredient (USD Million), 2024-2032
4. Global Energy Balls Historical Market: Breakup by Nature (USD Million), 2018-2023
5. Global Energy Balls Market Forecast: Breakup by Nature (USD Million), 2024-2032
6. Global Energy Balls Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Energy Balls Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Energy Balls Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Energy Balls Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Energy Balls Market Structure
In 2023, the market reached an approximate value of USD 369.29 million.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 648.75 million by 2032.
The major market drivers are the burgeoning popularity of health and wellness trends and the ease of preparation of energy balls.
The key trends of the market include the rising demand for clean labelled energy balls, the inclusion of superfood ingredients in energy balls, the launch of vegan energy ball products, and the implementation of sustainable packaging options.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Various distribution channels are hypermarket/supermarket, convenience stores, speciality stores, and online, among others.
The key players in the market are The Hut.com Limited (Boostball), Bounce Brands Limited, Deliciously Ella Ltd, The Protein Ball Co, Fairnatural GmbH, Just Wholefoods Ltd, and Nuttree SARL, DIETE SPORT France (OVERSTIM.s), and Betty Lou's Inc., among others.
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