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Snack market in Germany Snack market Number of gyms Germany 1990 2021
Germany Snack market Snack market Online product revenue in billions of euros Germany 2018 2021
Dublin, January 26, 2024 (GLOBE NEWSWIRE) — The “Germany Snack Bar Market Share and Size Analysis: Trends and Growth Forecasts (2023 – 2028)” has been added to the ResearchAndMarkets. com offering.
The snack market in Germany is brimming with innovation and attracting customer interest, reflecting a compound annual growth rate (CAGR) of 5. 29% between 2023 and 2028. The latest market study highlights the growing demand for convenient and nutritious snack features among German customers. catalyzing the expansion of the market to an estimated $413 million through 2028.
Key drivers of expansion The research identifies the immediate speed of fashionable living and the increase in the number of single-person families as the main factors contributing to the rise of the snack bar sector. Consumers, especially the health-conscious, are looking for snack bars that offer not only convenience but also nutritional benefits, especially those that are high in protein and free of gluten and dairy.
Within this varied market, energy bars have reached a peak of popularity, valued for their fitness benefits and the ease with which they can be consumed on the go. Germany’s active lifestyle culture, marked by the prevalence of physical activities and climbing gyms, has contributed to the increased demand for these snack options.
Notable Market Trends
Incorporating superfood ingredients into cereal bars: Inclusions like chia and quinoa are joint claims for nutrition and convenience.
Organic Energy Bars Are Gaining Momentum: With a growing awareness of the adverse health effects related to synthetic additives, organic energy bars are gaining significant market share.
High-Crude Protein Snack Bars: As high-protein diets become more popular, the demand for high-protein snack bars increases.
The coffee shop industry is also experiencing a boom in the virtual space, with a noticeable shift in customers’ shopping behavior towards online retailers. A favorable environment for online grocery shopping, supported by attractive discounts and a wide diversity of product options, portends a growing percentage of snack sales made through virtual channels. E-commerce platforms such as Amazon and Bringmeister, among others, are facilitating this transition, thus driving market growth.
The German snack market presents a fragmented landscape, with a mix of domestic and foreign players. The major players in the market are continuously innovating their product and packaging offerings, and maintain their distribution networks to consolidate their presence in the market. These efforts aim to stay ahead in a highly competitive market where personal brands are taking over, further intensifying competition.
Overview of Market Forecasts
Early adoption of superfoods in granola bars as a promotion proposal.
Growing preference for organic and white-labelled energy bars.
Significant opportunities and expansion of e-commerce channels are expected.
Focus on the fragmentation and competitiveness of the German snack market.
The market analysis provides a comprehensive overview of the dynamic snack bar industry within Germany, offering an invaluable outlook for businesses, investors, and stakeholders in the sector.A selection of companies mentioned in this report includes
Bauli S. p. A. (Max Sport)
Mondelez International Inc.
Moulins Generales Inc.
Hero Group
Nestlé SA
Mars Incorporated
Natural Balanced Foods
The Kellogg Company
THG-PLC
Dr. Schär
For more information on this report, https://www. researchandmarkets. com/r/isoluy
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Attachments
Germany Snack Bar Market Snack Bar Market Number Of Climbing Gyms Germany 1990 2021
Germany Snack market Snack market Revenue from online products in billions of euros Germany 2018 2021