Argentina Snack Bar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Argentina Snacks Bars Market is segmented by Product Type (Cereal Bars (Granola/Muesli Bars and Other Cereal Bars), Energy Bars and Other Snack Bars), By Distribution Channel (Hypermarkets/Supermarket, Convenience Store, Specialty Stores, Online Stores and Others)

Market Snapshot

CAGR
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 15.98 %
Largest Segment: Energy Bars
CAGR:

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Argentina Snack Bar Market is projected to grow at a CAGR of 15.98% during the forecast period (2020-2025).

  • Consumer demand for convenient and healthy on-the-go snack options has by-far been the primary attribute for the sales of snack bars all over the world. The energy bar segment dominates the Argentina snack bar market, owing to high demand for nutritional products.
  • The free-from categories of snack bars that are devoid of ingredients, such as sugar, gluten and GMO, which carry negative public-health opinions, are expected to significant sales in countries, such as Brazil and Argentina.
  • Argentinians are rational shoppers as they have found supermarkets as an ideal place to shop for low priced products during the times of inflation in their country.

 

Scope of the Report

Argentina Snacks Bars Market is segmented by product type that inludes cereal bars energy bars and other snack bars. The cereal bars section is further divided into granola/muesli bars and other cereal bars. Based on distribution channel, the market is fragmneted into hypermarkets/supermarkets, convenience stores, specialty stores, online stores and others.

By Product Type
Cereal Bars
Granola/Muesli Bars
Other Cereal Bars
Energy Bars
Other Snack Bars
By Distribution Channel
Hypermarkets/Supermarket
Convenience Stores
Speciality Stores
Online Stores
Others

Report scope can be customized per your requirements. Click here.

Key Market Trends

Energy Bars Holds the Largest Market Share

The Argentinean snack bar market is driven by increasing popularity of high-quality premium snacking options, especially among the affluent class of Argentinians. The value-based sales growth in cereal and energy bars categories of the Argentinean snack bar market has been one of the highest in the entire Latin American region (including Mexico). The cereal and energy bars are increasingly positioned as a premium products in Argentinian retail landscape, the high price points are responsible for increase in their value sales growth.  

87

Booming E-Commerce Sales in Argentina

There is an increasing trend of online shopping among Argentinians. Through the graph it can be seen that e-commerce sales have increased over the years and also it is expected to increase in the coming years as well. Argentinians are becoming more health conscious and are shifting from sweet biscuit consumption to healthy snack bars. Most of the snack bars companies sell their products on these e-commerce platforms which a great source of purchase for the Argentinians.

88

Competitive Landscape

Argentina snack bar market is a highly competitive market, with the presence of prominent global players and various regional players. Some of the key players are General Mills, Inc.,GEORGALOS HNOS SAICA, Skout Backcountry LLC, Nestle, etc. Companies have been coming up with innovative product lines solutions to increase their market penetration like General Mills,Inc. added new yogurt and snack offerings as a part of its new innovations.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Cereal Bars

        1. 5.1.1.1 Granola/Muesli Bars

        2. 5.1.1.2 Other Cereal Bars

      2. 5.1.2 Energy Bars

      3. 5.1.3 Other Snack Bars

    2. 5.2 By Distribution Channel

      1. 5.2.1 Hypermarkets/Supermarket

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Speciality Stores

      4. 5.2.4 Online Stores

      5. 5.2.5 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 General Mills, Inc.

      2. 6.4.2 GEORGALOS HNOS SAICA

      3. 6.4.3 Nestle

      4. 6.4.4 The Kelloggs Company

      5. 6.4.5 Skout Backcountry LLC

      6. 6.4.6 Arcor

      7. 6.4.7 The Hershey Company

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Argentina Snack Bar Market market is studied from 2016 - 2026.

The Argentina Snack Bar Market is growing at a CAGR of 15.98% over the next 5 years.

The Argentina Snack Bar Market is valued at Energy Bars in 2026.

General Mills, Inc., GEORGALOS HNOS SAICA, Skout Backcountry LLC, Nestle, The Hershey Company are the major companies operating in Argentina Snack Bar Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!