Energy Bar & Sports Bar Market Mania
Call them energy bars, sports bars, nutrition bars..... are we
going manic over quick fix energy? Energy bars sales are growing
at 20% per annum and have moved beyond the sports fanatic niche
to the wider convenience food market.
Power Bars intial market was seen in 2002 as men and women competitive
athletes between the ages of 24 and 34. These coated protein bars
are now moving out of the niche market long reserved for sports
fanatics and health freaks; to fulfil the mainstream demands for
meal replacers, slimming bars, energy snacks and products that promote
general well being.
The U.S. Market for Food Bars is expected to more than double by
2007, propelled by U.S. women, according to The U.S. Market for
Food Bars. The market includes nutrition bars, energy (or sports)
bars, granola bars and cereal bars.
Top 3 Selling Energy Bars In A $700M Market
- PowerBar - $160 million
- Clif Bar - $100 million
- Balance Bar - $63.4 million
Notes:
- PowerBar is expanding to cater to carb-counting consumer with
its Carb Select line: ProteinPlus Carb Select targets men and
Pria Carb Select targets women.
- Clif Bar Products include Clif Bar, Clif Shot, Luna Bar, Mojo
Bar, Builders Bar and Zbar. Read
More...
- Balance Bar Products include: Balance Bar, Balance Bar GoMix,
Balance Carbwell Bar, and Balance Satisfaction. Read
More...
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Energy With Energy Bars
Energy & Sports Bar Market Review
Sports bars are marketed under a number of names including sports
bars, energy bars, meal replacement bars. According to Consumer
Reports,
Related Reading on Energy Bar Market
Energy Bar Market Growth
Competition in the bar category is increasing with the bigger manufacturers
including Pepsi Co., Nestle, Unilever, Kraft, Kellogg and General
Mills. In January 2004, Mars Inc launched the Snickers Marathon
bar and low-carb and protein-plus varieties. Their target market
is active people aged 18 to 45.
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