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$29.9 Million Worldwide Meal Replacement Bars Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
May 5, 2021 GMT
DUBLIN (BUSINESS WIRE) May 5, 2021
Amid the COVID-19 crisis, the global market for Meal Replacement Bars estimated at US$298.9 Million in the year 2020, is projected to reach a revised size of US$380 Million by 2027, growing at a CAGR of 3.5% over the period 2020-2027.
Wrappers, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$225.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Boxes segment is readjusted to a revised 3.8% CAGR for the next 7-year period.