Protein Snacks Market: Exploring Hidden Prospects for Unprecedented...

Protein Snacks Market: Exploring Hidden Prospects for Unprecedented Growth

Posted 2023-10-13 13:13:41

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A Global Protein Snacks Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Protein Snacks industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Protein Snacks market, this study covers qualitative and quantitative aspects of the Protein Snacks market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.

The global protein snacks market size is expected to reach USD 8.93 Billion at a revenue CAGR of 10.1% in 2030, according to latest analysis by Emergen Research. The market revenue growth can be attributed to the fact that there is a rising preference for healthy snacking among customers. As protein snacks offer important benefits including contentment and energy hence, high-protein savory snacks are fulfilling the demand from consumers for healthy protein in savory forms. People spent more time at home during the shutdown which increased their consumption of savory snacks that were in high demand in 2020. Nuts, seeds, and trail mixes are a few goods that cater to customers demand for savory snacks with protein. For instance, fortified additions, such as Glanbia's CrunchieTM MilkProteinBites, can increase the protein content of trail mixes while adding a crunchy texture. Meat bars, such as those made popular in the U.S. by Epic and Krave, are similarly positioned to fill this demand. These single-serve, on-the-go snacks offer a filling, flavorful substitute for common protein bars. All these factors are driving demand for savory protein snacks and hence, driving market revenue growth.

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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Protein Snacks industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Protein Snacks industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Protein Snacks industry.

Radical Highlights of the Protein Snacks Market Report:

Comprehensive overview of the Protein Snacks market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Protein Snacks market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Protein Snacks market expected to boost the growth of the industry in the coming years.

Protein Snacks Market Segmentation:

Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Protein Bars
- Protein Cookies
- Protein Flakes
- Jerky
- Granola
- Yogurt
- Protein Drinks
- Others

Sales Channel Outlook (Revenue, USD Billion; 2019-2030)
- E-Commerce
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores

Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
  1. U.S.
  2. Canada
  3. Mexico
- Europe
  1. Germany
  2. France
  3. U.K.
  4. Italy
  5. Spain
  6. Benelux
  7. Rest of Europe
- Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- Middle East & Africa
  1. Saudi Arabia
  2. UAE
  3. South Africa
  4. Turkey
  5. Rest of MEA

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Protein Snacks market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Del Monte Foods, Inc, B&G Foods, Inc., PepsiCo, Hormel Foods Corporation, Unilever, Kellogg Co., Nestlé, Danone, Monsoon Harvest, Tyson Foods, Inc., and Clif Bar & Company

Regional Landscape section of the Protein Snacks report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Additional information offered by the report:

Along with a complete overview of the global Protein Snacks market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Protein Snacks market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.

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Highlights of Table of Contents (TOC):

Overview of Global Protein Snacks Market
Competitive analysis of the Protein Snacks market
Regional analysis of Global Protein Snacks market production and revenue
Regional analysis of Global Protein Snacks market supply, consumption, and export & import
Type-based market analysis of global Protein Snacks production, revenue, and price trends
Application-based analysis of the global Protein Snacks market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Protein Snacks market
Conclusion of the research report
Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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