Spain Energy Bar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Spain Energy Bar Market is segmented by Type (Organic and Conventional) and Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, and Other Distribution Channels).

Market Snapshot

Spain Energy Bar Market Summary
Study Period: 2016 - 2026
Base Year: 2019
CAGR: 5.12 %

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Market Overview

The Spanish energy bar market is projected to witness a steady CAGR of 5.12% during the forecast period, 2020-2025.

· The long-term rise in the on-the-go snacking trend and increasing demand for sports nutrition products have helped the energy bar market grow.

· Product innovation and increasing shelf space in retail channels have been key drivers that have supported visibility, consumer interest, and attracted new customers to the market.

Scope of the report

The Spanish energy bar market is segmented by type and distribution channel. By type, the market is segmented into organic and conventional. On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialist retailers, online retail, and other distribution channels.

By Type
Organic
Conventional
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Other Distribution Channels

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Key Market Trends

Rising Healthy Snacking Trend

Increased consumer awareness about a healthier ingredient that provides nutritional benefits fueled the energy bar market. Consumers prefer functional fruits and grains, such as berries, hemp, chia, flaxseed, among others, in a snack bar that improves the nutritional content of the product. Impulse purchase has driven the market than healthy eating. However, health-oriented products, such as high fiber, low calorie, high protein, and natural ingredients, are gaining popularity. The snack bar is perceived to act as a healthier alternative to chocolates and confectioneries, which also drives the impulse purchasing as a treat. The organic snack bar is a growing popularity among consumers due to its health benefits. Busy lifestyle, coupled with a meal replacement, makes snack bars an excellent snack product. Convenient and small packs allow the consumer snacking at multiple occasions in smaller quantities.

spain-energy-bar-market

Supermarket/hypermarket holds the largest market share

In Spain, mass merchandisers, i.e., supermarkets/hypermarkets have an inherent advantage in terms of sufficient shelf-space which helps in the bundling of products that are primarily aimed at achieving economies of scale. The supermarkets/hypermarkets provide super-sized shopping experience with suitable displays and assortments of indulgent snacking products. A majority of energy bars are purchased through modern grocery retailers, such as supermarkets and hypermarkets. Due to the easy access to supermarkets and hypermarkets, it plays a vital role in the growth of energy bar sales in the country. However, the growth has been gradually dwindling due to the rapid acceptance of other convenient platforms.

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Competitive Landscape

The Spanish energy bar market is competitive with a large number of existing multinational players. Innovative product launch and clean label ingredients are the various strategies adopted by these players. Private-label brands provide tough competition to the existing players with their flavored product offerings. Some of the major players in the market studied are Enervit, Barrette Proteiche Glucidi, Nutrition & Santé Sas, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 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 Type

      1. 5.1.1 Organic

      2. 5.1.2 Conventional

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Specialist Retailers

      4. 5.2.4 Online Retail

      5. 5.2.5 Other Distribution Channels

  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 Enervit

      2. 6.4.2 Abbott

      3. 6.4.3 Barrette Proteiche Glucidi

      4. 6.4.4 Inko Italia Srl

      5. 6.4.5 Nutrition & Sante Sas

      6. 6.4.6 Nestle SA

      7. 6.4.7 Clif Bar & Company

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

**Subject to Availability

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Frequently Asked Questions

The Spain Energy Bar Market market is studied from 2016 - 2026.

The Spain Energy Bar Market is growing at a CAGR of 5.12% over the next 5 years.

Enervit, Abbott, Inko Italia Srl, Nutrition & Santé Sas are the major companies operating in Spain Energy Bar Market.

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