Snack Bar Market Size, Share, Opportunities, And Trends By Product (Granola/Muesli, Fruit, Energy and Nutrition, Others), By Distribution Channel (Online, Offline (Supermarkets, Convenience Stores, Others)), And By Geography - Forecasts From 2025 To 2030
- Published : Jan 2025
- Report Code : KSI061613612
- Pages : 142
Snack Bar Market Size
The global snack bar market is projected to grow at a CAGR of 3.97% over the forecast period, increasing from US$18.357 billion in 2025 to US$22.305 billion by 2030.
Snack bars are referred to as replacers and a portion of healthy snack food that provides enough nutritional value. The high nutritional value of snack bars is making them famous among the young population, which is driving the growth of the market during the forecast period.
Snack bars are portable, convenient food products designed to meet the quick and nutritious options of consumers on the go. They usually incorporate ingredients such as oats, nuts, fruits, seeds, protein, and other functional ingredients to provide a balance of energy, protein, fiber, and vitamins. Snack bars are made available to satisfy every consumer's needs and preferences; they are available in gluten-free, vegan, high-protein, low-sugar, or full of superfoods like chia seeds and quinoa. They have been marketed to be a meal replacement, boost energy, or just as an in-between-meal snack.
Snack Bar Market Drivers:
- Expanding retailing businesses including convenience stores.
Expanding retailing companies, more so convenience stores play an important role in fueling the market for snack bars by increasing access and convenience for consumers. Convenience stores, therefore, provide consumers with easy access to on-the-go snack options, including snack bars, particularly for busy, health-conscious individuals. Snack bars offer a quick, portable, and nutritious option for increasing demand for ready-to-eat healthier snacks, especially in urban areas where fast-paced lifestyles are very common.
Convenience stores allow snack bars to be stocked in high-traffic locations, making them more visible and accessible to a larger audience. Convenience stores had the best year yet for in-store sales, according to newly released data from the National Association of Convenience Stores (NACS). Overall convenience industry sales in 2023 were $859.8 billion, which included $327.6 billion in in-store sales. The average basket—the average amount spent per visit—was up 3.7 percent to $7.80.
Availability, combined with strategic placement near checkout counters or in high-visibility areas, encourages impulse buying. Convenience stores commonly adjust their offer to local needs, stocking as many snack bars as possible within the different tastes, dietary requirements, and current consumer trends-such as gluten-free, high in protein, and plant-based-to meet the wide range of market demands. An increased presence of retailers directly translates to increasing market growth since it reaches more diverse customers.
- Increasing household expenditure in developing countries.
The growth in the snack bar market is primarily influenced by increasing household expenditure in developing countries. As of 2022-23, in India beverages and processed food continue to be the major contributor to total consumption expenditure of food items in 2023-24, followed by milk & milk products and vegetables as stated by PIB.
In these regions, with rising disposable incomes, consumers are more likely to spend on premium and convenient food products such as snack bars. Improved economic conditions make households more willing to invest in higher-quality, nutritious snack options like protein bars, energy bars, and granola bars, which target the growing health-conscious consumer base.
In addition, an expanding middle class in developing countries tends to adopt more Western dietary patterns. In light of busier lifestyles, many people now demand quick, on-the-move snacks. Snack bars are a classic fit into this trend since they are convenient, portable, and often promoted as healthier alternatives to traditional snacks. The prominence of retail outlets, supermarkets, and convenience stores increases the supply of snack bars, thereby inducing further consumption of the product. With increased household spending, demand for this group of snack bars is likely to grow over time and contribute to market growth in these regions.
Snack Bar Market Geographical Outlook:
- The snack bar market is segmented into five regions worldwide
The global snack bar market is segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to hold a significant share of the market owing to the presence of major players coupled with the growing number of product launches in countries like Canada and the United States. In addition, a growing number of health-conscious people and changing lifestyles are boosting the demand for the product. The rising availability of various flavors and trends toward consuming frequent meals due to hectic lifestyles are further expected to drive the market in the region.
Furthermore, the rising number of supermarket chains and grocery stores in Mexico also contributes to the growth of the snack bars market by making it readily available to consumers. According to the National Association of Retailers (ANTAD), there were more than 2,658 store openings, out of which 85 percent were specialized stores, 10 percent were supermarkets, and four percent were department stores.
In the Asia Pacific region, due to changes in breakfast consumption patterns in the past couple of years and rising Western influence in countries like China and India, the market is expected to witness substantial growth over the forecast period. For instance, disposable personal income in China approached 51821 CNY in 2023 versus 49282.94 CNY in 2022. Also, disposable personal income in China averaged 14124.48 CNY from 1978 until 2023, reaching an all-time high of 51821.00 CNY in 2023 and a record low of 343.40 CNY in 1978.
Besides, growing consumer awareness regarding the health benefits of snack bars coupled with the product development of high-fiber and multigrain bars has also triggered market growth opportunities in the region in the coming years. Furthermore, rising disposable incomes and living standards encourage Chinese and Indians to adopt the Western lifestyle. Growing demand for ready-to-make and ready-to-eat breakfast food and beverage products is augmenting the demand for snack bars across the region.
Snack Bar Market Key Developments:
- In August 2024, Wild Planet, the pioneer of sustainably caught canned seafood, announced the launch of its Limited Edition Wild Tuna Snack Pack in partnership with two beloved, better-for-you brands, Simple Mills and Chosen Foods.
- In August 2024, Upcycled Foods Inc. and Act Bar announced the launch of a new line of premium snack bars designed to appeal to its customers.
- In April 2024, Ready, one of America's fastest-growing active nutrition companies and the maker of the best-selling Ready Clean Protein Bars, introduced its new Kids Whole Grain Protein Bars.
Snack Bar Market Scope:
Report Metric | Details |
Snack Bar Market Size in 2025 | US$18.357 billion |
Snack Bar Market Size in 2030 | US$22.305 billion |
Growth Rate | CAGR of 3.97% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in the Snack Bar Market |
|
Customization Scope | Free report customization with purchase |
The Snack Bar Market is analyzed into the following segments:
- By Product
- Granola/Muesli
- Fruit
- Energy and Nutrition
- Others
- By Distribution Channel
- Online
- Offline
- Supermarkets
- Convenience stores
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
The snack bar market is expected to reach a total market size of US$22.305 billion by 2030.
Snack Bar Market is valued at US$18.357 billion in 2025.
The global snack bar market is expected to grow at a CAGR of 3.97% during the forecast period.
The high nutritional value of snack bars is making them famous among the young population, which is driving the growth of the snack bar market during the forecast period.
The North America region is anticipated to hold a significant share of the snack bar market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for the Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Supplier
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SNACK BAR MARKET BY PRODUCT
5.1. Introduction
5.2. Granola/Muesli
5.3. Fruit
5.4. Energy and Nutrition
5.5. Others
6. SNACK BAR MARKET BY DISTRIBUTION CHANNEL
6.1. Introduction
6.2. Online
6.3. Offline
6.3.1. Supermarkets
6.3.2. Convenience stores
6.3.3. Others
7. SNACK BAR MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. The Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. Japan
7.6.2. China
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. General Mills
9.2. Kellogg’s Company
9.3. Weetabix
9.4. The Quaker Oats Company
9.5. Kind Snacks
9.6. Cliff Bar & Company
9.7. Earnest Eats
9.8. Mars
9.9. Mama Nourish
9.10. Hain Celestial
General Mills
Kellogg’s Company
Weetabix
The Quaker Oats Company
Kind Snacks
Cliff Bar & Company
Earnest Eats
Mars
Mama Nourish
Hain Celestial
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