Market Size of South America Protein Bar Industry
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.