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Global Energy Balls Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 180 Pages I EMR Inc.
Global Energy Balls Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the energy balls market size reached a value of USD 369.20 million in 2023. Aided by the increasing demand for convenient and nutritious snack options and the growing trend of health and wellness, the market is projected to further grow at a CAGR of 6.5% between 2024 and 2032 to reach a value of USD 648.75 billion by 2032.
Energy balls, also known as energy bites or protein balls, are nutrient-dense snacks made from ingredients like nuts, seeds, dried fruits, oats, and natural sweeteners. These snacks are rich in protein, fibre, healthy fats, and essential vitamins and minerals, making them an ideal option for a quick energy boost. Energy balls are popular among health-conscious consumers, athletes, and fitness enthusiasts due to their convenience, portability, and nutritional benefits.
The increasing consumer preference for convenient and nutritious snack options is driving the energy balls market growth. With the growing awareness of the health benefits associated with consuming wholesome and nutrient-dense foods, there has been a significant shift towards healthier snack choices. Energy balls, being a rich source of protein, fibre, and healthy fats, have gained popularity as a healthy and convenient snack option, particularly among busy professionals, students, and fitness enthusiasts.
The rising trend of health and wellness also plays a significant role in the growth of the market. The increasing focus on maintaining a healthy lifestyle and achieving fitness goals has led to a surge in demand for functional foods and snacks that provide sustained energy and essential nutrients. Energy balls, with their high nutritional profile, are becoming a preferred choice for individuals looking to fuel their workouts, manage weight, and support overall well-being.
The expanding applications of energy balls in various sectors significantly contribute to the market's growth. In the retail sector, energy balls are widely available in supermarkets, convenience stores, health food stores, and online platforms, catering to the growing demand for healthy snack options. The increasing number of specialty stores and the rising popularity of e-commerce have further boosted the accessibility and availability of energy balls, consequently driving up the energy balls market share.
In the sports nutrition sector, energy balls are gaining traction as a convenient and effective source of pre-workout and post-workout nutrition. Athletes and fitness enthusiasts prefer energy balls for their ability to provide sustained energy, improve performance, and aid in muscle recovery. The growing trend of fitness and sports activities, along with the increasing number of fitness centres and sports clubs, has led to a heightened demand for energy balls in the sports nutrition segment.
North America holds a significant share in the market, driven by the high consumer awareness of health and wellness and the presence of well-established health food brands. The increasing focus on healthy eating habits and the rising demand for convenient and nutritious snacks have boosted the adoption of energy balls in the region. Moreover, the growing trend of on-the-go snacking and the availability of a wide variety of energy ball flavours and formulations further drive market growth in North America.
As per the energy balls market analysis, Europe is another prominent market for energy balls, with countries like the United Kingdom, Germany, and France being major contributors. The region's well-developed health and wellness industry, along with the rising demand for plant-based and clean label products, has fuelled the adoption of energy balls. Additionally, the increasing popularity of fitness activities and the growing number of health-conscious consumers have encouraged the consumption of energy balls in Europe.
Market Segmentation
The market can be divided based on ingredient, nature, distribution channel, and region
Market Breakup by Ingredient
- Nut-based
- Fruit-based
- Chocolate-based
- Others
Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Distribution Channel
- Hypermarket/Supermarket
- Convenience Stores
- Speciality Stores
- Online
- Others
Market Breakup by Region
- North America
- Europe
- Latin America
- Middle East and Africa
- Asia Pacific
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global energy balls market. some of the major players explored in the report by expert market research are as follows:
- The Hut.com Limited (Boostball)
- Bounce Brands Limited
- Deliciously Ella Ltd
- The Protein Ball Co
- Fairnatural GmbH
- Just Wholefoods Ltd
- Nuttree SARL
- DIETE SPORT France (OVERSTIM.s)
- Betty Lou's Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Energy Balls Market Analysis
8.1 Key Industry Highlights
8.2 Global Energy Balls Historical Market (2018-2023)
8.3 Global Energy Balls Market Forecast (2024-2032)
8.4 Global Energy Balls Market by Ingredient
8.4.1 Nut-based
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Fruit-based
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Chocolate-based
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Energy Balls Market by Nature
8.5.1 Organic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conventional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Energy Balls Market by Distribution Channel
8.6.1 Hypermarket/Supermarket
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Speciality Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Energy Balls Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Energy Balls Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Energy Balls Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Energy Balls Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Energy Balls Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Energy Balls Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 The Hut.com Limited (Boostball)
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Bounce Brands Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Deliciously Ella Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 The Protein Ball Co
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Fairnatural GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Just Wholefoods Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Nuttree SARL
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 DIETE SPORT France (OVERSTIM.s)
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Betty Lou's Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Energy Balls Market: Key Industry Highlights, 2018 and 2032
2. Global Energy Balls Historical Market: Breakup by Ingredient (USD Million), 2018-2023
3. Global Energy Balls Market Forecast: Breakup by Ingredient (USD Million), 2024-2032
4. Global Energy Balls Historical Market: Breakup by Nature (USD Million), 2018-2023
5. Global Energy Balls Market Forecast: Breakup by Nature (USD Million), 2024-2032
6. Global Energy Balls Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Energy Balls Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Energy Balls Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Energy Balls Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Energy Balls Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Energy Balls Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Energy Balls Market Structure
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