Asia Pacific Protein Bar Market Size & Outlook, 2023-2030
The protein bar market in Asia Pacific is expected to reach a projected revenue of US$ 4,904.3 million by 2030. A compound annual growth rate of 6.5% is expected of Asia Pacific protein bar market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,162.4
Forecast, 2030 (US$M)
$4,904.3
CAGR, 2024 - 2030
6.5%
Report Coverage
Asia Pacific
Asia Pacific protein bar market, 2018-2030 (US$M)
Asia Pacific protein bar market highlights
- The Asia Pacific protein bar market generated a revenue of USD 3,162.4 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, sports nutritional bars was the largest revenue generating type in 2023.
- Sports Nutritional Bars is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,162.4 million |
| Market revenue in 2030 | USD 4,904.3 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Sports nutritional bars |
| Fastest growing segment | Sports Nutritional Bars |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Nutritional Bars |
| Key market players worldwide | Clif Bar, Quest Nutrition, WK Kellogg Co, General Mills Inc, MusclePharm Corp, GNC, Orgain, PowerBar |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.3% of the global protein bar market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,904.3 million by 2030.
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Protein Bar Market Scope
Protein bar market segmentation & scope
Protein Source
Animal-Based Protein Bars
Plant-Based Protein Bars
DC
Hypermarkets & Supermarkets
Convenience stores
Online
Others
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Canada
Mexico
U.S.
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Protein Bar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific protein bar market
Related regional statistics
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