Market Size of Argentina Snack Bar Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 15.98 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Argentina Snacks Bars Market Analysis
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 theArgentina 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.