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The UAE Energy Bar Market is segmented by Type (Organic and Conventional); Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail and Other Distribution Channels).
The UAE energy bar market is projected to register a CAGR of 4.46% during the forecast period, 2020-2025.
The UAE energy bar market is segmented by type and distribution channel. On the basis of 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 Distribution Channel|
|Other Distribution Channels|
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Consumers are developing a western-style snack trend, demanding healthier products for munching during breaks. The appetite for health-related packaged food recently started to take off in the country. The younger people are becoming health conscious, influenced by international food culture. The rising obese population is another major factor accelerating the demand for healthier packaged products. Around 66% of men and 60% of women in the country are overweight and are looking for healthy snacking. High per capita income, import dependency for food, obese population, and potential demand for healthy snacks offer potential opportunities to manufacturers. About 50% of the population in the United Arab Emirates is below 30 years who prefer snacking for fun and enjoyment. The large young population is shifting snacking consumption, thereby, driving the sales. Consumers are always on the move due to a growing busy lifestyle, which has also given rise to energy bar sales.
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Convenience stores and supermarkets and hypermarkets led the sales, with a combined share of more than 50% in the distribution channel. Online retail recorded an impressive growth rate of XX%, during the forecast period in the United Arab Emirates. Online sales hold less market share of the energy bar sales driven by increased brand availability and convenience. Various international players are entering the energy bar market through online channels, mitigating the requirement for physical stores.
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The UAE energy bar market is competitive with many foreign players occupying a major share. Innovative product launches and clean label ingredients are the various strategies adopted by these players. Some of the major in the market studied are Rise Bar, General Mills Inc., Nutrition, Inc. (Pureprotein), and Natural Balance Foods, among others.
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.2 By Distribution Channel
5.2.2 Convenience Stores
5.2.3 Specialist Retailers
5.2.4 Online Retail
5.2.5 Other Distribution Channels
6. CONSUMER BEHAVIOR ANALYSIS
7. COMPETITIVE LANDSCAPE
7.1 Most Active Companies
7.2 Most Adopted Strategies
7.3 Market Share Analysis
7.4 Company Profiles
7.4.1 Rise Bar
7.4.2 General Mills Inc.
7.4.3 Nutrition Inc. (Pureprotein)
7.4.4 BioNutritional Research Group Inc. (Power Crunch)
7.4.5 Natural Balance Foods
7.4.6 Nestle SA
7.4.7 Clif Bar & Company
8. MARKET OPPORTUNITIES AND FUTURE TRENDS