Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Billion |
|---|---|
| 2018 | 35.07357569196713 USD Billion |
| 2019 | 36.65928525808766 USD Billion |
| 2020 | 36.88749773474657 USD Billion |
| 2021 | 34.57849254689008 USD Billion |
| 2022 | 36.585343872309714 USD Billion |
| 2023 | 37.58319747195877 USD Billion |
| 2024 | 38.43413782665396 USD Billion |
| 2025 | 38.908759196714215 USD Billion |
| 2026 | 39.23735992880464 USD Billion |
| 2027 | 39.45574900547062 USD Billion |
| 2028 | 40.295179070238355 USD Billion |
| 2029 | 41.38308416270483 USD Billion |
| 2030 | 42.237473480445765 USD Billion |
| 2031 | 44.389193444863835 USD Billion |
| 2032 | 46.30263558710371 USD Billion |
Data Source: Wantstats Repository
Market Dynamics
As China is the world's largest energy consumer, its energy bar market is rapidly growing. As more Chinese people are becoming health conscious, they are opting for healthier, nutrient-packed snack options such as energy bars. The energy bar market in China is expected to experience robust growth over the next decade, catalyzed by a large young population, health-consciousness, and the expanding middle class. The increasing disposable income of consumers, growing demand for convenience, and changing lifestyles are also driving the demand for energy bars in China. The availability of a variety of flavors, portability, and competitive pricing have made energy bars a popular item among China’s millennials, who consume an estimated USD 1.2 billion in energy bars each year. Moreover, foreign players investing in the Chinese market also bodes well for the development of the energy bar market. Many international energy bar manufacturers, such as PowerBar and Clif Bar, have entered the Chinese market and are in the process of further expanding their presence. In addition, the demand for organic, vegan, gluten-free, and natural energy bars is also growing. Companies such as Veggy, which offer vegan and Paleo bars, have experienced strong demand in China.
As a result, local companies manufacturing such specialty energy bars are also expected to grow in the coming years. Moreover, increasing customer awareness about healthy eating habits and nutrition has further benefited the overall energy bar market growth in China. Manufacturers are incorporating innovative ingredients such as nuts, dried fruits, quinoa, and oats to fulfill the demand for healthier energy bars. To sum up, with increasing health consciousness and the availability of international and specialty energy bars, the energy bar market in China is projected to experience significant growth in the coming years.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.