Italy Energy Bar Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.60 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Energy Bar Market Analysis
The Italian energy bar market is expected to witness a CAGR of 5.6% during the forecast period, 2020-2025.
- Increased preference for health and wellness snack bar is the primary driver for the market. Energy bar market includes sports nutrition bars and snack bars, designated to meet both daily and sports nutrition needs.
- Moreover, the growing demand for organic snacking, indulgence, meal replacement, and on-the-go snacking are various factors that fuel the energy bar market growth.
Italy Energy Bar Market Trends
This section covers the major market trends shaping the Italy Energy Bar Market according to our research experts:
Rising Healthy Snacking Trend
Increased consumer awareness for a healthier ingredient that provides nutritional benefits fueled the energy bar market. Consumer prefers functional fruits and grains, such as berries, hemp, chia, flaxseed in a snack bar that improves the nutritional content of the product. Impulse purchase has driven the market than healthy eating. However, health-oriented products, such as high fiber, low calorie, high protein, and natural ingredients claims on the product are gaining popularity. The snack bar is perceived to have a healthier alternative to chocolates and confectioneries, which also drives the impulse purchasing as a treat. The organic snack bar is growing popularity among consumers due to its health benefits. Busy lifestyle, coupled with meal replacement, makes snack bar an excellent snack products. Convenient and small packs allow the consumer to snacking at multiple occasions in smaller quantities.
Increased Penetration of Organised Retail
The evolving retail industry is marked by the emergence of many stores in the hypermarket, supermarket, and convenience stores segments. Comfort and convenience are increasingly becoming important to customers because of their hectic lifestyles and work schedules. Moreover, with the increase in preference for clean-label branded products among consumers, the importance of organized retailers selling clean-label energy bars has also increased. The penetration of organized retail will also enable consumers to seek information about various brands, compare prices, nutritional content, which results in a better purchase decision.
Italy Energy Bar Industry Overview
Innovative product launch and clean label ingredients are the various strategies adopted by major players. Private label brands provide tough competition to the existing players with their flavored product offerings. Some of the major players in the Italian energy bar market are Enervit, Abbott, Barrette Proteiche Glucidi, among others.
Italy Energy Bar Market Leaders
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Enervit
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Abbott
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Inko Italia Srl
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NEW SYFORM S.R.L.
*Disclaimer: Major Players sorted in no particular order
Italy Energy Bar Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 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 Type
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5.1.1 Organic
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5.1.2 Conventional
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5.2 Distribution Channel
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5.2.1 Supermarkets/Hypermarkets
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5.2.2 Convenience Stores
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5.2.3 Specialist Retailers
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5.2.4 Online Retail
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5.2.5 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Enervit
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6.3.2 Abbott
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6.3.3 Barrette Proteiche Glucidi
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6.3.4 Inko Italia Srl
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6.3.5 NEW SYFORM S.R.L.
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6.3.6 Nestle S.A.
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6.3.7 Clif Bar & Company
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Italy Energy Bar Industry Segmentation
The Italian energy bar market is segmented by type and distribution channel. Based on type, the market is segmented into organic and conventional. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialist retailers, online retail, and other distribution channel.
Type | |
Organic | |
Conventional |
Distribution Channel | |
Supermarkets/Hypermarkets | |
Convenience Stores | |
Specialist Retailers | |
Online Retail | |
Other Distribution Channels |
Italy Energy Bar Market Research FAQs
What is the current Italy Energy Bar Market size?
The Italy Energy Bar Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)
Who are the key players in Italy Energy Bar Market?
Enervit, Abbott, Inko Italia Srl and NEW SYFORM S.R.L. are the major companies operating in the Italy Energy Bar Market.
What years does this Italy Energy Bar Market cover?
The report covers the Italy Energy Bar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Energy Bar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Organic Energy Bar Industry Report
Statistics for the 2024 Italy Organic Energy Bar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Organic Energy Bar analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.