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2023-04-21T08:02:32.000000Z
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Protein Snacks Market: Insights and Trends for the Future
Emergen Research has published a novel research report titled, “Global Protein Snacks Market Forecast to 2027”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Protein Snacks Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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The global protein snacks market size is expected to reach USD 8.93 Billion at a revenue CAGR of 10.1% in 2030. The market revenue growth can be attributed to the fact that there is a rising preference for healthy snacking among customers. As protein snacks port important benefits including contentment and energy hence, high-protein savory snacks are fulfilling the demand from consumers for healthy protein in savory forms.
People spent more time at home during the shutdown which increased their consumption of savory snacks that were in high demand in 2020. Nuts, seeds, and trail mixes are a few goods that cater to customers demand for savory snacks with protein. For instance, fortified Additions, such as Glanbia's CrunchieTM MilkProteinBites, can increase the protein content of trail mixes while adding a crunchy texture. Meat bars, such as those made popular in the US by Epic and Krave, are similarly positioned to fill this demand. , on-the-go snacks offer a filling, flavorful substitute for common protein bars. All these factors are driving demand for savory protein snacks and hence, driving market revenue growth.
The report is updated with the impact of the COVID-19 pandemic on the Protein Snacks market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Protein Snacks market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Protein Snacks market.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product in the advancements market.
Leading manufacturers profiled in the report:
Del Monte Foods, Inc, B&G Foods, Inc., PepsiCo, Hormel Foods Corporation, Unilever, Kellogg Co., Nestlé, Danone, Monsoon Harvest, Tyson Foods, Inc., and Clif Bar & Company.
Market Overview:
The report bifurcates the Protein Snacks market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented the global protein snacks market based on product type, sales channel, and region:
Product Type Outlook (Revenue, USD Billion; 2019-2030)
Protein Bars
Protein Cookies
Protein Flakes
Jerky
Granola
Yogurt
Protein Drinks
Others
Sales Channel Outlook (Revenue, USD Billion; 2019-2030)
E
-Commerce
Hypermarkets/Supermarkets
Convenience Stores
Specialty Store
more about the report, visit @ https://www.emergenresearch.com/industry-report/protein-snacks-market
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Objectives of the Report:
Study of the global Protein Snacks market size by key regions, types, and applications with reference to historical data (2019-2020) and forecast (2022-2030)
Industrial structure analysis of the Protein Snacks market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmark marking
Analysis of Protein Snacks market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Protein Snacks market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Thank you for reading our report. Customization of the report is available according to the requirements of our clients. Kindly get in touch with us to know more about the customization options, and our team will ensure the report is tailored according to your needs.
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