New Delhi, June 05, 2019: Hectic schedule, growing health awareness and increasing disposable incometo driveIndia nutritional bars market through 2024
According to a report released by TechSci Research, ‘India Nutritional Bars MarketBy Type, By Distribution Channel, Competition, Forecast & Opportunities,2024’, India nutritional bars market is anticipated to register growth at a CAGR of over 30%, during 2019-2024 on account of availability of multiple optionsof nutrition bars through online and modern trade and rising health consciousness among people. Moreover, increasing consumer spending on lifestyle products, rising number of young working population, increasing demand for protein and other dietary supplements and health benefits associated with nutritional baris further anticipated to drive India nutritional bars market during forecast period.Among product type, snack bars dominated India nutritional bars market in 2018 due to relatively new concepts and numerous variants available in the segment.
Browse 13market data Figures spread through 80 Pages and an in-depth TOC on “India Nutritional Bars Market “
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Naturell (India) Pvt. Ltd., General Mills India Private Limited, Xterra Nutrition, Sun Hygiene Foods Pvt. Ltd,SproutLife Foods Private Ltd and Pure Snacks Pvt. Ltd., are some of the leading players in India nutritional bars market. Among regions, North and West regions are the leading regions in India nutrition barsmarket. Boththe regions are expected to experience growth in demand fornutrition barsduring forecast period as well owing tochanging lifestyles and adoption of nutritional barsalong with rising population in theseregions.
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According to TechSci Research“India nutritional bars market is growing at a tremendous pace and is gaining popularity among consumersto fulfil requirement of vitamins, minerals and micronutrients in daily diet. Moreover, rapid urbanization andrising income of consumers is further shifting their focus towards nutritional bars to safeguard themselves from the adverse effects of hectic and sedentary lifestyle. Consumers are becoming health conscious and are searching for products that provide health benefits along with taste.Additionally, marketing of nutritional bars by companies as ‘On-the-go healthy snack’ for working professionalsalong withcontinuous investment on R&D activities to introduce new variants are some other factors driving growth in Indianutritional bars market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based globalmanagement consulting firm.
“India Nutritional Bars MarketBy Type, By Distribution Channel, Competition, Forecast & Opportunities,2024’”has evaluated the future growth potential of nutritional barsmarket and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India nutritional barsmarket.
Corporate Comm India(CCI Newswire)
