High Protein Cake Bites Market is projected to expand at a CAGR of xxx % over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
The growth in heathy and wellness trend has created a strong demand for functional and fortified food in the past few years. High Protein Cake Bites are tasty, soft high protein snack that can serve as an alternative to the regular cake or sweets. They contain a blend of whey isolate, milk isolate proteins, milk concentrates, gluten free and contain very less or no fiber at all.
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High Protein Cake Bars are consumed by those who wish to maintain their fitness and diet routine, and at the same time want to consume something delicious. They are available in various flavors like chocolate, vanilla, red velvet etc. and are readily available in the market. There is a huge demand for high protein cake bites amongst those consumers who are on a strict fitness and nutrition program and crave sweet or dessert. The protein content is of a different texture and flavor as compared to a regular protein bar and the cakes are always bite sized making them accessible. With less 250 grams of calories and 20 gms of protein per serving, cake bites are available in the market in various types of packaging. The biggest advantage of high protein cake bars is that it does not contain high quantity of fiber, which can help in reducing digestive problems that usually occurs after eating a protein bar. Increase awareness of nutritious food amongst consumers and easy availability and accessibility, is the major driver that will increase the demand of this market in the forecast period. Cake Bites are the perfect alternative to basic high sugar and fat choices available in the market.
Regions like Europe and North America are anticipated to have an increasing demand for high protein cake bar due to increasing health consciousness amongst population. Many companies are now either introducing or advancing in their ongoing innovation to make this product tastier and nutritious using premium ingredients and at the same time delivering high protein option with minimal use of sugar. For e.g. in 2016, 2 protein bars were launched by Mars under its Snicker and Mars brand in United Kingdom, that would specifically cater to the growing demand for high protein snacks.
Segment Covered:
This market intelligence report on the global High Protein Cake Bites Market encompasses market segments based on application, type, and country/regions.
In terms of Application, the global High Protein Cake Bites Market is segregated into
- Adult Male
- Adult Female
- Youth
- Others
By type, the global High Protein Cake Bites Market is also classified into,
- Gluten Free Protein Bars
- Vegetarian Protein Bars
- Others
By distribution channel, the global High Protein Cake Bites Market is also classified into,
- Store Based Retailing
ü Hypermarkets / Supermarkets
ü Convenience Store
ü Mom & Pop Stores
ü Discount Stores
ü Food & Drink Specialty Store
ü Independent Small Groceries
ü Others
- Online Retailing
By country/region, the global High Protein Cake Bites Market has been divided into
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
