Increasing Working Population to Aid Growth of India Nutritional Bars Market
Hectic
schedule, growing health awareness and increasing disposable income to drive India
nutritional bars market through 2024
According to a report
released by TechSci Research, ‘India
Nutritional Bars Market By Type, By Distribution Channel, Competition, Forecast & Opportunities, 2024’,
India nutritional bars market is anticipated to register growth at a CAGR of
over 30%, during 2019-2024 on account of availability of multiple options of nutrition
bars through online and modern trade and rising health consciousness among
people. Moreover, increasing consumer spending on lifestyle products, rising
number of young working population, increasing demand for protein and other
dietary supplements and health benefits associated with nutritional bar is further anticipated to
drive India nutritional bars market during forecast period. Among product
type, snack bars dominated India nutritional bars market in 2018 due to
relatively new concepts and numerous variants available in the segment.
Browse 13 market data Figures spread
through 80 Pages and an in-depth TOC on "
India Nutritional Bars
Market "
https://www.techsciresearch.com/report/india-nutritional-bars-market/2095.html
Naturell (India) Pvt. Ltd., General Mills India Private Limited, Xterra
Nutrition, Sun Hygiene Foods Pvt. Ltd, Sprout Life Foods Private Ltd and Pure
Snacks Pvt. Ltd., are some of the leading players in India nutritional
bars market. Among regions, North
and West regions are the leading regions in India nutrition bars
market. Both the regions
are expected to experience growth in demand for nutrition bars during forecast
period as well owing to changing lifestyles and adoption of nutritional
bars along with rising
population in these regions.
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“India nutritional bars market is growing at a tremendous pace
and is gaining popularity among consumers to fulfil requirement of vitamins,
minerals and micronutrients in daily diet. Moreover, rapid urbanization
and rising income of consumers is further shifting their focus towards nutritional
bars to safeguard themselves from the adverse effects of hectic and sedentary
lifestyle. Consumers are becoming health conscious and are searching for
products that provide health benefits along with taste. Additionally, marketing
of nutritional bars by companies as ‘On-the-go healthy snack’ for working
professionals along
with continuous investment on R&D activities to introduce new
variants are
some other factors driving growth in India nutritional bars market.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global management
consulting firm.
“India
Nutritional Bars Market By Type, By Distribution Channel, Competition,
Forecast & Opportunities, 2024’” has
evaluated the future growth potential of nutritional bars market and provides
statistics and information on market structure, size, share and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers to take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in India nutritional bars market.
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