Middle East & Africa Protein Bar Market Size & Outlook
The protein bar market in Middle East & Africa is expected to reach a projected revenue of US$ 553.0 million by 2030. A compound annual growth rate of 3.3% is expected of Middle East & Africa protein bar market from 2024 to 2030.
Revenue, 2023 (US$M)
$439.6
Forecast, 2030 (US$M)
$553.0
CAGR, 2024 - 2030
3.3%
Report Coverage
Middle East & Africa
Middle East & Africa protein bar market, 2018-2030 (US$M)
MEA protein bar market highlights
- The MEA protein bar market generated a revenue of USD 439.6 million in 2023.
- The market is expected to grow at a CAGR of 3.3% 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.
MEA data book summary
| Market revenue in 2023 | USD 439.6 million |
| Market revenue in 2030 | USD 553.0 million |
| Growth rate | 3.3% (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, MEA region accounted for 3.1% 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 |
|---|
Middle East & Africa protein bar market
Related regional statistics
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