Base Year
Historical Year
Forecast Year
Value in Billion
2024-2032
Australia Snack Bars Market Outlook
*this image is indicative*
The Australia snack bars market growth is being guided by the energy and nutrition bars type as they consist of nutrients including carbohydrates, vitamins and minerals thus helping in providing energy to the consumers.
They are also available in various flavours based on the consumer’s preferences and are also convenient to carry. Moreover, they are allergen-free and help individuals maintain their weight.
There are various trends which are driving the Australia snack bars market development including the usage of sustainable packaging materials such as recyclable materials which helps in reducing plastic wastage in the environment. Moreover, the vegan type of snack bars provides all the nutritious values to consumers preferring plant-based nutrients. To improve the overall health of consumers, these snack bars are made up of quinoa seeds, prebiotics, chia seeds etc. and are also made gluten-free for individuals with food allergies.
New flavours are being getting introduced in the market. For instance, Sunsol has recently launched a new snack bar “Sunsol Thins” which is enriched with fibre and is calorie-free. These are available in flavours including Peanut Butter and Milk Chocolate, Dark Chocolate.
Australia Snack Bars Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Distribution Channel
Market Breakup by Region
The Australia snack bars market key players are Nestle Australia Ltd., Carman’s Fine Foods Pty Ltd., General Mills Australia Pty Ltd., Kellogg (Aust.) Pty. Ltd., Atkins Nutritionals, Inc., Koja Health Pty Ltd., Mars, Incorporated, THG Nutrition Limited, Go Natural Australia Pty Ltd., Bundy’s and others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5.43% between 2024 and 2032.
The snack bars market is growing with an increase in the usage of sustainable packaging, vegan-based snack bars, the introduction of new flavours and the addition of nutrient value.
Based on the type, the snack bars market is bifurcated into fruit bars, cereal bars, energy and nutrition bars, muesli/granola bars, and others.
Key players in the industry are Nestle Australia Ltd., Carman’s Fine Foods Pty Ltd., General Mills Australia Pty Ltd., Kellogg (Aust.) Pty. Ltd., Atkins Nutritionals, Inc., Koja Health Pty Ltd., Mars, Incorporated, THG Nutrition Limited, Go Natural Australia Pty Ltd., Bundy’s and others.
Based on the distribution channel, the snack bars market is divided into supermarkets and hypermarkets, convenience markets, online stores and others.
The different ingredients of snack bars include granola, oats, dried fruits, nuts and others.
The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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