South America Protein Bar Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Protein Bar Market Analysis
South America protein bar market is projected to grow at a CAGR of 5.4% during the forecast period, 2020-2025.
- The protein bar market in South America is expanding from core users (bodybuilders and performance athletes) to a broader basket of consumers focused on fitness and healthy living trends.
- Moreover, rising health & wellness trends demanding low-calorie health food, consumer preference for snacking and on-the-go convenient packaging are various factors fueled the protein bar market growth.
South America Protein Bar Market Trends
This section covers the major market trends shaping the South America Protein Bar Market according to our research experts:
Growing Number of Health Conscious Consumer
The South America protein bar market is expected to register a significant CAGR, owing to the rising demand among the fitness and health-conscious consumers. The consumers are inclined toward these products, due to their high nutritional values and tremendous functionality. Busy lives and focus on healthy and convenient food are expected to contribute to the moderate growth in the protein bar market in Colombia, Chile, Paraguay, Peru, and other South American countries. The protein bar market in South America gravitated between healthy and on-the-go snack positioning in 2018, with new products emerging to offer a combination of both.
Brazil Holds a Prominent Share in the market studied
The protein bars market in Brazil registered significant growth in the past five years. The increasing availability of such products and major distribution channels and the emergence and consolidation of many regional brands operating with lower unit prices are boosting the demand for protein bar products, which were previously considered too expensive for the majority of the Brazilians. The Argentina market is expected to register the highest CAGR in the region during the forecast period.
South America Protein Bar Industry Overview
South America protein 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., Skout Backcountry LLC, Nestle, The Kelloggs Company, etc. Companies have been coming up with innovative product lines solutions to increase their market penetration in order to increase the customer base.
South America Protein Bar Market Leaders
General Mills, Inc.
Skout Backcountry LLC
Quest Nutrition, LLC
Nestlé S.A.
Arcor
*Disclaimer: Major Players sorted in no particular order
South America Protein Bar Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables & Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Distribution Channel
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5.1.1 Hypermarkets/Supermarkets
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5.1.2 Conventional Stores
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5.1.3 Online Channels
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5.1.4 Specialty Retailers
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5.1.5 Other Distribution Channels
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5.2 By Geography
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5.2.1 Brazil
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5.2.2 Columbia
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5.2.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 General Mills, Inc.
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6.3.2 Nestlé S.A.
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6.3.3 The Kelloggs Company
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6.3.4 Skout Backcountry LLC
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6.3.5 Arcor
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6.3.6 Quest Nutrition, LLC
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Protein Bar Industry Segmentation
The South America protein bar market offers a range of products distributed through hypermarkets/supermarkets, convenience stores, online channels, specialty retailers, and other point of sales. Further, the study covers the regional level analysis of the major countries including Brazil, Argentina, and the rest of South America.
| By Distribution Channel | |
| Hypermarkets/Supermarkets | |
| Conventional Stores | |
| Online Channels | |
| Specialty Retailers | |
| Other Distribution Channels |
| By Geography | |
| Brazil | |
| Columbia | |
| Rest of South America |
South America Protein Bar Market Research FAQs
What is the current South America Protein Bar Market size?
The South America Protein Bar Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029)
Who are the key players in South America Protein Bar Market?
General Mills, Inc., Skout Backcountry LLC, Quest Nutrition, LLC, Nestlé S.A. and Arcor are the major companies operating in the South America Protein Bar Market.
What years does this South America Protein Bar Market cover?
The report covers the South America Protein Bar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Protein Bar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Protein Bar Industry Report
Statistics for the 2024 South America Protein Bar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Protein Bar analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
