Apr 21, 2021 (The Expresswire) -- Global " South America Snack BarMarket " (2021-2024) report identifies Sales of Market by regional analysis by product type and product applications from 2019. South America Snack BarMarket research report gives analysis on products sales, price, margin, growth (regionally volume). Market research report gives analysis on Historical and Current scenario on South America Snack BarMarket. Research provides potential market opportunities and strong industry focus on South America Snack Barmarket forecast from 2019 till 2024. Research report provides CAGR value in percent during 2021 to 2024.
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South America snack bar market is forecasted to grow at a CAGR of 9.34% during the forecasted period (2019 - 2024).
- The South American snack bar market is driven by the rapidly growing economic scenario that has heightened the spending on indulgent and snacking options.
- The rising health consciousness amid increasing prevalence in lifestyle diseases has enabled South American consumers to opt for healthy and sustainable snacking options.
- The free-form categories of snack bars that are devoid of ingredients, such as sugar, gluten, and GMO, which carry negative public-health opinions, are expected to significant sales in countries, such as Brazil and Argentina.
List of TOP KEY PLAYERS in South America Snack Bar Market Report are -
Global South America Snack Bar Market Segmentation by Types, By Applications and by Region:
Global South America Snack Barmarket is analyses and market size information is provided by regions (countries). Segment by Application, the South America Snack Barmarket is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise market size for the period 2019-2024. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2019-2024.
South America Snack Bar Market Segment by Region:
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COVID-19 Impact on Market:
The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market break down due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
Major Points from Table of Contents:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Cereal Bars
18.104.22.168 Granola/Muesli Bars
22.214.171.124 Other Cereal Bars
5.1.2 Energy Bars
5.1.3 Other Snack Bars
5.2 Distribution Channel
126.96.36.199 Convenience Store
188.8.131.52 Specialty Stores
184.108.40.206 Online Stores
5.3.1 South America
220.127.116.11 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategy
6.4 Company Profiles
6.4.1 Kellogg Company
6.4.2 General Mills Inc.
6.4.4 PepsiCo Inc.
6.4.5 Post Holdings
6.4.6 Natural Balance Foods
6.4.7 Mars Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS