India nutritional bars market
stood at $ 9.4 million in 2018 and is projected to grow at a CAGR of over 30%,
to reach $ 46.2 million by 2024. Growth in the market can be attributed to increasing
incidences of lifestyle diseases such as diabetes, obesity, blood pressure,
asthma, and other heart diseases and rising consciousness among consumers
towards healthy eating habits. Moreover, other factors such as rising
disposable income coupled with growing number of domestic and international market players are
further anticipated to fuel growth in India nutritional bars market during forecast period.
Years considered for this report:
Historical Years:
2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the market size of India
nutritional bars.
- To define, classify and forecast the India nutritional
bars market on the basis of type, distribution channel, region, and
company.
- To analyze and forecast the market share for nutritional
bars with respect to type: Protein Bars, Snack Bars, Meal Replacement
Bars, etc.
- To scrutinize the detailed market segmentation
and forecast the market size on the basis of region by segmenting India nutrition bars market into four regions, namely – North, East, West and South.
- To identify tailwinds and headwinds for India nutritional
bars market.
- To examine supply chain along with margins in nutritional
bars market.
- To strategically profile the leading players
in the market, which are involved in the supply of nutrition bars, in
India.
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India nutritional
bars market is controlled by these major players, namely– General Mills India Private Limited, Naturell
(India) Pvt. Ltd., Sun Hygiene Foods Pvt. Ltd, Sprout Life Foods Private Ltd, among others.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of nutrition bars manufacturers and suppliers in India. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research was able to include manufacturers
which could not be identified due to the limitations of secondary research.
TechSci Research analyzed the product offerings, distribution channels, and
regional presence of all major nutritional bar suppliers
across the country.
TechSci Research calculated the market size for India nutritional
bars market using a bottom-up approach, wherein manufacturers value shares data
for type (Protein bars, Snack Bars, Meal Replacement Bars and
Other nutritional bars) were recorded and forecast for the
future years was made. TechSci Research sourced these values from industry
experts and company representatives and externally validated through analyzing
historical sales data of respective manufacturers to arrive at the overall
market size. Various secondary sources such as secondary source directories,
databases such as, Ministry of Statistics & Programme Implementation, APEDA,
Company Annual Reports, World Bank, Industry Magazines, Government databases, News
Dailies, Credible Paid Databases, Proprietary Database, White Papers and
Investor Presentations were also studied by TechSci Research.
Key Target Audience:
- Nutritional bars manufacturers
- Nutritional bars suppliers
- Research organizations and consulting
companies
- Organizations, forums and alliances related to
nutritional bars.
- Government bodies such as regulating
authorities and policy makers
- Industry associations
The study is
useful in providing answers to several critical questions that are important
for the industry stakeholders such as nutritional bars manufacturers,
distributors and dealers, customers and policy makers. The report also provides
insights about which market segments should be targeted over the coming years to
strategize investments and capitalize on growth of the market segment.
Report Scope:
In this report, India nutritional
bars market has been segmented into the following categories in
addition to the industry trends which have also been detailed below:
- Market, by Type:
- Protein Bars
- Snack Bars
- Meal Replacement Bars
- Others
- Market, By Distribution
Channel:
- Supermarket/Hypermarkets
- Pharmacies
- Independent Small Grocers/Departmental Stores
- Convenience Stores
- Others
- Market, by Geography:
- North Region
- West Region
- South Region
- East Region
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies present in India nutritional bars market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Channel Partner
Analysis
- Detailed list of
distributors and dealers across all major Cities.
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
In
case you don’t find what, you are looking for, please get in touch with our
custom research team at [email protected]