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Global Baked Savoury Snacks Market to Grow at a CAGR of 4.10% During 2022-2027, Aided by the Growing Trend of Snacking

Global Baked Savoury Snacks Market Size, Share, Growth: By Product Type: Popcorn, Savoury Biscuits, Potato Chips, Pretzels, Extruded Snacks, Tortilla Chips, Others; By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Speciality Stores, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Global Baked Savoury Snacks Market Outlook

The global baked savoury snacks market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 4.10%.

baked savoury snacks market

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Rising Inclination of Customers to Purchase Baked Savoury Products from Supermarkets or Hypermarkets to Augment the Market for Baked Savoury Snacks

Based on the distribution channel, the supermarkets or hypermarkets segment holds a substantial share in the market growth of baked savoury snacks across the globe on account of high availability of attractive discounts on various baked savoury products, along with the ease of one-stop shopping. Additionally, the online retail segment is expected to witness robust momentum over the upcoming years owing to growing internet penetration, increasing demand for home delivery, and the ongoing product innovations in the market to widen the customer base.

North America to Hold Significant Market Share for Baked Savoury Snacks

With changing tastes and preferences, rising demand for convenient food, and an increasing working population, the market for baked savoury snacks in North America is anticipated to bolster during the forecast period. Meanwhile, the Asia Pacific region is expected to register robust growth over the next few years as a result of growing internet penetration, rapid population growth, and heightened willingness of the population to explore new food products.

Market Segmentation

baked savoury snacks market by segments

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Baked savoury snacks refer to food products that are baked and have either salty or spicy flavour. They are made using various ingredients, including nuts, grains, vegetables, fruits, vegetable oils, and seasonings, among others, to offer an elevated palatable experience.

The market for baked savoury snacks, by product type, is divided into:

Popcorn
Savoury Biscuits
Potato Chips
Pretzels
Extruded Snacks
Tortilla Chips
Others

The market can be broadly categorised on the basis of distribution channel segments into:

Supermarkets or Hypermarkets
Convenience Stores
Speciality Stores
Online Retail
Others

By application, the market is segmented into:

Household
Commercial
Others

baked savoury snacks market by region

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The EMR report looks into the regional markets of baked savoury snacks like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.

Rising Health Awareness Expected to Bolster the Market for Baked Savoury Snacks

The surging preference for on-the-go snacking options due to hectic lifestyles of people in urban areas has been facilitating the market growth. Further, growing health consciousness among consumers is also propelling the demand for baked savoury snacks as they have lower sugar content and are also available with the incorporation of vegetables making it a healthier option. The market has also been affected by the coronavirus pandemic, as the consumers are now opting for baked savoury products with functional benefits for guilt-free indulgent experience. Therefore, the demand for gluten-free, low-fat, organic and protein-rich snacks, are expected to rise over the forecast period.

Key Players in the Global Baked Savoury Snacks Market

The report presents a detailed analysis of the following key players in the global baked savoury snacks market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

General Mills, Inc.
ITC Limited
PepsiCo Inc.
Conagra Brands, Inc.
Lorenz Bahlsen Snack-World GmbH & Co KG
Chaucer Foods Ltd.
Amplify Snack Brands, Inc.
Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Product Type Distribution Channel Application Region
Breakup by Product Type	Popcorn Savoury Biscuits Potato Chips Pretzels Extruded Snacks Tortilla Chips Others
Breakup by Distribution Channel	Supermarkets or Hypermarkets Convenience Stores Speciality Stores Online Retail Others
Breakup by Application	Household Commercial Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Porter's Five Forces Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	General Mills, Inc. ITC Limited PepsiCo Inc. Conagra Brands, Inc. Lorenz Bahlsen Snack-World GmbH & Co KG Chaucer Foods Ltd. Amplify Snack Brands, Inc. Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Baked Savoury Snacks Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Baked Savoury Snacks Historical Market (2018-2023)
   8.3   Global Baked Savoury Snacks Market Forecast (2024-2032)
   8.4   Global Baked Savoury Snacks Market by Product Type
       8.4.1   Popcorn
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Savoury Biscuits
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Potato Chips
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
       8.4.4   Pretzels
           8.4.4.1 Historical Trend (2018-2023)
           8.4.4.2 Forecast Trend (2024-2032)
       8.4.5   Extruded Snacks
           8.4.5.1 Historical Trend (2018-2023)
           8.4.5.2 Forecast Trend (2024-2032)
       8.4.6   Tortilla Chips
           8.4.6.1 Historical Trend (2018-2023)
           8.4.6.2 Forecast Trend (2024-2032)
       8.4.7   Others
   8.5   Global Baked Savoury Snacks Market by Distribution Channel
       8.5.1   Supermarkets or Hypermarkets
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Convenience Stores
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Speciality Stores
           8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
       8.5.4   Online Retail
           8.5.4.1 Historical Trend (2018-2023)
           8.5.4.2 Forecast Trend (2024-2032)
       8.5.5   Others
   8.6   Global Baked Savoury Snacks Market by Application
       8.6.1   Household
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Commercial
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Others
   8.7   Global Baked Savoury Snacks 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 Baked Savoury Snacks 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 Baked Savoury Snacks 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 Baked Savoury Snacks 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 Baked Savoury Snacks 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 Baked Savoury Snacks 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   Value Chain Analysis
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   General Mills, Inc.
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   ITC Limited
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   PepsiCo Inc.
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   Conagra Brands, Inc.
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   Lorenz Bahlsen Snack-World GmbH & Co KG
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   Chaucer Foods Ltd.
           16.2.6.1   Company Overview
           16.2.6.2   Product Portfolio
           16.2.6.3   Demographic Reach and Achievements
           16.2.6.4   Certifications
       16.2.7   Amplify Snack Brands, Inc.
           16.2.7.1   Company Overview
           16.2.7.2   Product Portfolio
           16.2.7.3   Demographic Reach and Achievements
           16.2.7.4   Certifications
       16.2.8   Others
17   Key Trends and Developments in the Market

List of Figures and Tables

1.   Global Baked Savoury Snacks Market: Key Industry Highlights, 2018 and 2032
2.   Global Baked Savoury Snacks Historical Market: Breakup by Product Type (USD Million), 2018-2023
3.   Global Baked Savoury Snacks Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4.   Global Baked Savoury Snacks Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.   Global Baked Savoury Snacks Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.   Global Baked Savoury Snacks Historical Market: Breakup by Application (USD Million), 2018-2023
7.   Global Baked Savoury Snacks Market Forecast: Breakup by Application (USD Million), 2024-2032
8.   Global Baked Savoury Snacks Historical Market: Breakup by Region (USD Million), 2018-2023
9.   Global Baked Savoury Snacks Market Forecast: Breakup by Region (USD Million), 2024-2032
10.   North America Baked Savoury Snacks Historical Market: Breakup by Country (USD Million), 2018-2023
11.   North America Baked Savoury Snacks Market Forecast: Breakup by Country (USD Million), 2024-2032
12.   Europe Baked Savoury Snacks Historical Market: Breakup by Country (USD Million), 2018-2023
13.   Europe Baked Savoury Snacks Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Asia Pacific Baked Savoury Snacks Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Asia Pacific Baked Savoury Snacks Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Latin America Baked Savoury Snacks Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Latin America Baked Savoury Snacks Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Middle East and Africa Baked Savoury Snacks Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Middle East and Africa Baked Savoury Snacks Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Global Baked Savoury Snacks Market Structure

Key Questions Answered in the Report

What is the growth rate of the global baked savoury snacks market?

The global baked savoury snacks market is assessed to grow at a CAGR of 4.10% between 2024 and 2032.

What are the major market drivers?

The major market drivers are increasing working population, changing tastes and preferences, rapid urbanisation, and innovative marketing strategies employed by market players.

What are the key market trends of the global baked savoury snacks market?

The key market trends include the growing food and beverage industry, rising adoption of convenience food, and the launch of a diversified baked savoury snacks by market players.

What are the major regional markets for baked savoury snacks, according to the EMR report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the various product types available in the market?

The various product types that are available in the market include popcorn, savoury biscuits, potato chips, pretzels, extruded snacks, and tortilla chips, among others.

What are the different distribution channels for baked savoury snacks?

The different distribution channels for the baked savoury snacks include supermarkets or hypermarkets, convenience stores, speciality stores, and online retail, among others.

What are the major market divisions, based on application?

The major market divisions, based on application, include household, and commercial, among others.

Who are the key market players, according to the report?

The major players in the market are General Mills, Inc., ITC Limited, PepsiCo Inc., Conagra Brands, Inc., Lorenz Bahlsen Snack-World GmbH & Co KG, Chaucer Foods Ltd., Amplify Snack Brands, Inc., among others.

Analyst Review

The global baked savoury snacks market is driven by the growing demand for healthier snacks. Aided by innovative product launches, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 4.10%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The market for baked savoury snacks, by product type, is divided into popcorn, savoury biscuits, potato chips, pretzels, extruded snacks, and tortilla chips, among others. Based on the distribution channel, the market is segmented into supermarkets or hypermarkets, convenience stores, speciality stores, and online retail, among others. Based on application, the market is segmented into household and commercial, among others. The major regional markets for baked savoury snacks are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include General Mills, Inc., ITC Limited, PepsiCo Inc., Conagra Brands, Inc., Lorenz Bahlsen Snack-World GmbH & Co KG, Chaucer Foods Ltd., Amplify Snack Brands, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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