Top 10 companies in the Protein Bars Market by Intellectual Market Insights Research
Published Date : 2024-Nov-09
The protein bars market is rapidly expanding as consumers increasingly prioritize health, wellness, and convenience in their dietary choices. Driven by a rising awareness of protein's role in supporting active lifestyles, muscle recovery, and overall health, this market caters to a broad audience—from athletes and fitness enthusiasts to busy professionals and health-conscious individuals. Key trends include the demand for plant-based and clean-label options, innovative flavors, and sustainable packaging.
In this blog, we explore some of the top companies leading in the diabetes care devices market, including: Clif Bar & Company, Caveman Foods, The Kellogg Company, General Mills and Ohers
Protein Bars Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2024-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
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According to a comprehensive study by Intellectual Market Insights Research, Global Protein Bars Market size was valued at USD 5.756 Billion in 2021 and is projected to reach USD 8.53 Billion by 2028, growing at a CAGR of 5.89% from 2024 to 2031.
- General Mills
- Founding Year: 1928
- Headquarters: Minneapolis, Minnesota, USA
- Employees: Approximately 35,000
- Revenue: Around $20 billion
- Overview: Known for its extensive product portfolio, General Mills produces cereals, snacks, and meals, with brands like Cheerios, Betty Crocker, and Haagen-Dazs.
- Glanbia Plc
- Founding Year: 1997
- Headquarters: Kilkenny, Ireland
- Employees: Approximately 6,000
- Revenue: Approximately €5 billion
- Overview: Glanbia specializes in nutritional and performance products, as well as dairy. Their offerings include brands like Optimum Nutrition, SlimFast, and Glanbia Nutritionals.
- The Kellogg Company
- Founding Year: 1906
- Headquarters: Battle Creek, Michigan, USA
- Employees: Around 31,000
- Revenue: Approximately $15 billion
- Overview: Kellogg’s is known for its cereals and snack brands, such as Corn Flakes, Pringles, and Cheez-It. The company recently spun off into two divisions: Kellanova (snacks) and WK Kellogg Co. (cereal).
- Simply Good Foods USA, Inc.
- Founding Year: 2017
- Headquarters: Denver, Colorado, USA
- Employees: Approximately 300
- Revenue: Over $1 billion
- Overview: Simply Good Foods focuses on health-focused snacks and nutritional products. Key brands include Atkins and Quest Nutrition.
- Mars Incorporated
- Founding Year: 1911
- Headquarters: McLean, Virginia, USA
- Employees: Around 140,000
- Revenue: Approximately $45 billion
- Overview: Mars operates globally with a focus on confectionery, pet care, and food products. Well-known brands include M&M's, Snickers, Pedigree, and Whiskas.
- Mondelez International Inc. (including Clif Bar & Company)
- Founding Year: 2012
- Headquarters: Chicago, Illinois, USA
- Employees: Approximately 80,000
- Revenue: Approximately $31 billion
- Overview: Mondelez specializes in snacks and beverages, including brands like Oreo, Cadbury, and recently acquired Clif Bar & Company, a major player in energy bars.
- Nestlé S.A.
- Founding Year: 1866
- Headquarters: Vevey, Switzerland
- Employees: Approximately 273,000
- Revenue: Around 102 billion USD
- Overview: Nestlé is a global leader in food and beverages, with a diverse portfolio including products from coffee and dairy to infant nutrition. Key brands include Nescafé, KitKat, and Gerber.
- Garden of Life (Nestlé Health Science Subsidiary)
- Founding Year: 2000
- Headquarters: Palm Beach Gardens, Florida, USA
- Employees: Approximately 300
- Revenue: Part of Nestlé Health Science (estimated contribution ~$1 billion)
- Overview: Acquired by Nestlé Health Science, Garden of Life focuses on organic vitamins, probiotics, and supplements.
- RXBAR (Kellogg Subsidiary)
- Founding Year: 2012
- Headquarters: Chicago, Illinois, USA
- Employees: Part of Kellogg's structure (~100 in the subsidiary as of 2023)
- Revenue: Estimated $200 million+ annually
- Overview: Acquired by Kellogg in 2017, RXBAR is known for its simple-ingredient protein bars made with minimal and clean ingredients.
- Quest Nutrition (Simply Good Foods Subsidiary)
- Founding Year: 2010
- Headquarters: El Segundo, California, USA
- Employees: Approximately 1,000
- Revenue: Estimated at around $800 million
- Overview: Quest Nutrition, under Simply Good Foods, is recognized for its high-protein snacks and bars, catering to health-conscious consumers.
Protein Bars Market Size, Share & Trends Analysis Report By Product, By End Product Type, By Distribution Channel, By Protein Source, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2024-2031.
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