
Protein bar market set to soar to $7.36 billion by 2029 driven by plant-based and online growth
The protein bar market is projected to grow from $5.15 billion in 2024 to $7.36 billion by 2029, powered by rising demand for plant-based options, personalised nutrition, and online sales, with Asia-Pacific emerging as the fastest-growing region amid expanding health awareness.
The protein bar market is on the cusp of significant growth, with projections indicating a surge to approximately $7.36 billion by 2029. This anticipated increase follows a steady expansion that estimates the market will reach around $5.15 billion in 2024, growing to $5.51 billion by 2025. Notably, the market is expected to see a compound annual growth rate (CAGR) of 7.5% during this forecast period, driven by a convergence of evolving consumer trends and increased health awareness.
A primary catalyst for this growth is the rising preference for protein-rich diets and quicker, healthier snacking options. As lifestyles become more hectic, consumers are increasingly seeking convenient solutions that align with their dietary needs. Protein bars offer a practical choice, ideal for athletes, fitness enthusiasts, and anyone looking to integrate more protein into their diets without sacrificing time. Emerging trends indicate that products emphasising the inclusion of plant-based proteins and functional ingredients are becoming particularly attractive to consumers.
The market segmentation is diverse, with categories based on protein source—either plant-based or animal-based. Consumers are showing a marked interest in gluten-free options and those with various protein contents, illustrating a shift towards personalised nutrition. Within this segment, the popularity of plant-based proteins, such as pea and soy, is increasing steadily, a trend that aligns with broader dietary shifts towards vegetarian and vegan lifestyles.
Major companies in the sector, including Nestlé, Abbott Laboratories, and Mars Incorporated, are actively innovating and expanding their product lines to capture market share. For instance, Kellogg Company recently introduced its Protein Snack Bars under its Special K brand. These bars provide an enticing balance of taste and health, showcasing a broader industry trend towards healthier, low-calorie options that do not compromise on flavor.
Moreover, the growth of the e-commerce market has revolutionised how consumers access these products. Consumers increasingly prefer purchasing protein bars online, leading to trends in innovation and customisation. Many brands are now leveraging digital platforms to offer tailored products that meet the unique dietary preferences and lifestyle needs of their consumers. This shift underscores the emphasis on transparency and clean label practices, which are becoming vital in consumer decision-making.
Regional dynamics also play a crucial role in the outlook for the protein bar market. While North America currently holds a dominant position, the Asia-Pacific region is projected to be the fastest-growing market, driven by a growing middle class, rising health consciousness, and increasing disposable income. As the emphasis on wellness spreads globally, the potential for protein bars, particularly in burgeoning markets in Asia and beyond, reflects a broader dietary shift.
Collectively, these trends indicate a robust market landscape for protein bars, characterised by innovation, convenience, and an emphasis on health and wellness. As consumers continue to prioritise their well-being and adapt their eating habits, the protein bar market stands ready to meet the demand for nutritious and convenient snacking solutions.
(All Year Round) Enhanced/Fortified Foods
Here at the Quality Food Awards, we have a category for Enhanced/Fortified Foods, especially for products with additional nutrients or proteins. Examples of this include:
- Protein shakes
- Protein powders
- Protein bars
Other products that can be entered into this category are those with added brain supplements, for example:
- Lion's Mane
- Creatine
- Nootropics
Enter today: https://uk.qualityfoodawards.com/QFA2025/en/page/2025-all-year-round-categories (categories are arranged alphabetically).
Good luck!