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Insights into low carbohydrate bars market trends and growth opportunities

Insights into low carbohydrate bars market trends and growth opportunities

editor by editor
23/08/2023
in Company News, News In General
Reading Time: 3 mins read
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The global market for low carbohydrate bars has been analyzed extensively, focusing on various geographic regions including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.

The analysis encompasses both recent and historic data, spanning packaging types (wrappers and boxes) and nature types (conventional and organic). The market presence of low carbohydrate bars in each region is categorized as strong, active, niche, or trivial, with key competitors identified.

The market’s growth trajectory, annual sales, and percentage CAGR for the years 2022 through 2030 are detailed. The report also provides a 16-year perspective on value sales, offering insights into trends and changing market dynamics.

This comprehensive analysis enables a deep understanding of the low carbohydrate bars market landscape across different regions and packaging/nature types, aiding businesses and stakeholders in making informed decisions.

Global low carbohydrate bars market to reach $551 million by 2030

In the changed post COVID-19 business landscape, the global market for Low Carbohydrate Bars estimated at US$382.8 Million in the year 2022, is projected to reach a revised size of US$551 Million by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.

Wrappers, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$357.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Boxes segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. market is estimated at $104.3 million, while China is forecast to grow at a 7.9% CAGR

The Low Carbohydrate Bars market in the U.S. is estimated at US$104.3 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$118 Million by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

What’s new for 2023?

  • Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Market Overview

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Low Carbohydrate Bars – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

A selection of companies mentioned in this report includes

  • Abbott Nutrition Manufacturing
  • Atkins Nutritionals
  • Caveman Foods
  • Clif Bar & Company
  • Hormel Foods
  • Mars
  • Quest Nutrition
  • The Nature`s Bounty
Tags: #Chinamarket#competitivemarketlandscape#COVID19impact#food#foodandbeverage#foodbusiness#foodexport#foodingredients#globalmarketanalysis#lowcarbohydratebars#marketforecast#marketgrowth#organicvsconventional#packagingtypes#USmarket
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