Argentina Snacks Bars Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 15.98 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Snacks Bars Market Analysis
Argentina Snack Bar Market is projected to grow at a CAGR of 15.98% during the forecast period (2020-2025).
- Consumer demand for convenient and healthy on-the-go snack options has by-far been the primary attribute for the sales of snack bars all over the world. The energy bar segment dominates theArgentina snack bar market,owing to high demand for nutritional products.
- The free-from categories of snack bars that are devoid of ingredients, such as sugar, gluten and GMO, which carry negative public-health opinions, are expected to significant sales in countries, such as Brazil and Argentina.
- Argentinians are rational shoppers as they have found supermarkets as an ideal place to shop for low priced products during the times of inflation in their country.
Argentina Snacks Bars Market Trends
This section covers the major market trends shaping the Argentina Snack Bar Market according to our research experts:
Energy Bars Holds the Largest Market Share
The Argentinean snack bar market is driven by increasing popularity of high-quality premium snacking options, especially among the affluent class of Argentinians. The value-based sales growth in cereal and energy bars categories of the Argentinean snack bar market has been one of the highest in the entire Latin American region (including Mexico). The cereal and energy bars are increasingly positioned as a premium products in Argentinian retail landscape, the high price points are responsible for increase in their value sales growth.
Booming E-Commerce Sales in Argentina
There is an increasing trend of online shopping among Argentinians. Through the graph it can be seen that e-commerce sales have increased over the years and also it is expected to increase in the coming years as well. Argentinians are becoming more health conscious and are shifting from sweet biscuit consumption to healthy snack bars. Most of the snack bars companies sell their products on these e-commerce platforms which a great source of purchase for the Argentinians.
Argentina Snacks Bars Industry Overview
Argentina snack bar market is a highly competitive market, with the presence of prominent global players and various regional players. Some of the key players are General Mills, Inc.,GEORGALOS HNOS SAICA, Skout Backcountry LLC, Nestle, etc. Companies have been coming up with innovative product lines solutions to increase their market penetration like General Mills,Inc. added new yogurt and snack offerings as a part of its new innovations.
Argentina Snacks Bars Market Leaders
General Mills, Inc.
GEORGALOS HNOS SAICA
Skout Backcountry LLC
Nestle
The Hershey Company
*Disclaimer: Major Players sorted in no particular order
Argentina Snacks Bars Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Cereal Bars
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5.1.1.1 Granola/Muesli Bars
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5.1.1.2 Other Cereal Bars
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5.1.2 Energy Bars
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5.1.3 Other Snack Bars
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5.2 By Distribution Channel
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5.2.1 Hypermarkets/Supermarket
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5.2.2 Convenience Stores
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5.2.3 Speciality Stores
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5.2.4 Online Stores
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5.2.5 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 General Mills, Inc.
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6.4.2 GEORGALOS HNOS SAICA
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6.4.3 Nestle
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6.4.4 The Kelloggs Company
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6.4.5 Skout Backcountry LLC
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6.4.6 Arcor
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6.4.7 The Hershey Company
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Argentina Snacks Bars Industry Segmentation
Argentina Snacks Bars Market is segmented by product type that inludes cereal bars energy bars and other snack bars. The cereal bars section is further divided into granola/muesli bars and other cereal bars. Based on distribution channel, the market is fragmneted into hypermarkets/supermarkets, convenience stores, specialty stores, online stores and others.
| By Product Type | ||||
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| Energy Bars | ||||
| Other Snack Bars |
| By Distribution Channel | |
| Hypermarkets/Supermarket | |
| Convenience Stores | |
| Speciality Stores | |
| Online Stores | |
| Others |
Argentina Snacks Bars Market Research FAQs
What is the current Argentina Snack Bar Market size?
The Argentina Snack Bar Market is projected to register a CAGR of 15.98% during the forecast period (2024-2029)
Who are the key players in Argentina Snack Bar Market?
General Mills, Inc., GEORGALOS HNOS SAICA, Skout Backcountry LLC, Nestle and The Hershey Company are the major companies operating in the Argentina Snack Bar Market.
What years does this Argentina Snack Bar Market cover?
The report covers the Argentina Snack Bar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Snack Bar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Snacks Bars Industry Report
Statistics for the 2024 Argentina Snacks Bars market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Snacks Bars analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
