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This report studies the global market for nutritional/functional bars from 2019 as a base year and provides estimates for each year of the forecast period from 2020 to 2025, with projections of compound annual growth rates (CAGR).
The scope of this report is broad and covers global markets for nutritional/functional bars that are used globally. The market is broken down by product type, product category, function, sales channel and region.
The global nutritional/functional bar market has grown exponentially in the last few years, and this growth is expected to continue. The market is being driven by rising health concerns, an aging global population and growing per capita income in developing countries such as China, India and Brazil. The global nutritional/functional bars market is facing various challenges such as high prices for functional food products and a lack of awareness about functional foods.