Baked Savory Snacks Market is estimated to reach USD 80.25 billion by 2030 : Cognitive Market Research

Market Overview:
What are Baked Savory Snacks?
- A baked savory snack is a type of snack that is usually made from dough, which is then baked until crispy. These snacks are often salty and can come in various shapes and sizes, such as sticks, twists, crackers, or chips. They can be made from different types of dough, such as wheat flour, cornmeal, or potato starch, and can be flavored with a variety of herbs and spices.
Examples of baked savory snacks include pretzels, cheese straws, pita chips, and savory crackers. These snacks are often enjoyed as a quick and convenient snack, and they can be served on their own or as part of a larger appetizer spread. Some baked savory snacks are also marketed as a healthier alternative to fried snacks, as they are lower in fat and calories.

Summary:
- The Global Baked Savory Snacks market size stood at USD 49.50 billion in 2022 and will touch the mark of USD 80.25 billion by 2030. The global market is expected to expand at a CAGR of 6.4% between 2023 and 2030.

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Market Dynamics:
What are the driving factors for the Baked Savory Snacks market?
- As the pace of modern life continues to accelerate, people are looking for quick, easy, and portable snack options. Baked savory snacks fit this bill perfectly, as they are easy to carry, require no preparation, and can be consumed on the go. Consumers are increasingly seeking healthier snack options that are lower in calories and fat. Baked savory snacks are often marketed as a healthier alternative to fried snacks, which has helped to boost their popularity in recent years. As disposable incomes rise, consumers are willing to spend more on high-quality, premium snacks. This has created an opportunity for premium baked savory snacks made from high-quality ingredients. Snacking has become a popular trend globally, with consumers looking for new and innovative snack options. The baked savory snack market has responded to this demand by introducing a wide range of new flavors and varieties, such as spicy, cheesy, and herb-infused snacks. With the rise of health-conscious consumers, there is an increasing demand for snacks that are free from gluten and made from organic ingredients. Baked savory snacks made from gluten-free flour or organic ingredients are becoming increasingly popular in this context.

Baked Savory Snacks Market Segmentation
Type
• Biscuits
• Extruded snacks
• Popcorn
• Others

Application
• Offline Sales
• Online Sales
Based on applications, the market is segmented into online sales and offline sales. Traditional brick-and-mortar retail stores such as supermarkets, hypermarkets, convenience stores, and specialty stores are the dominant sales channel for baked savory snacks. This is because consumers can see, touch, and taste the products before purchasing them. Offline sales channels also provide a wider reach for manufacturers to distribute their products.

The Major Players in Baked Savory Snacks Market are:
American Pop Corn, Calbee Foods, ConAgra Foods, Kellogg, PepsiCo, Amica Chips, Axium Foods, Aperitivos Flaper, Butterkist, JFC International, Want Holdings

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Regional Analysis:
• Which region is dominating the global Baked Savory Snacks market?
On the basis of region, North America is dominating the global baked savory snack market. North America has a significant market share in the baked savory snack market, with the United States being the largest market in the region. With people having less time for meal preparation, there is a growing demand for convenient, on-the-go snack options. Baked savory snacks are a quick and easy option that can be consumed anytime, anywhere. Consumers in North America are increasingly health-conscious and looking for healthier snack options. Baked savory snacks are often marketed as a healthier alternative to fried snacks, as they are lower in fat and calories. The snacking culture in North America is well-established, with consumers looking for new and innovative snack options.

Baked Savory Snacks Industry News
• Saraoga Chips has moved to organic popcorn segment with 200k investment (June 2022)
Saratoga has invested more than 200k in their new range development and placement. The fastest-growing category of baked savory snacks is ready-to-eat popcorn.
Saratoga is experiencing 14% y-o-y growth and is hoping to accelerate this by expanding its distribution and launching new products this year U.S. popcorn retail sales have a 33% y-o-y growth according to Mintel.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Baked Savory Snacks Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Baked Savory Snacks Market Segmentation
1.5.1 Baked Savory Snacks Market Regional Fragmentation
1.5.1 Baked Savory Snacks Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Baked Savory Snacks Market
Chapter 4 Global Baked Savory Snacks Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Baked Savory Snacks Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Baked Savory Snacks Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Baked Savory Snacks Market Regional Analysis
Chapter 12 North America Baked Savory Snacks Market Outlook (2018 - 2030)
Chapter 13 Europe Baked Savory Snacks Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Baked Savory Snacks Market Outlook (2018 - 2030)
Chapter 15 Latin America Baked Savory Snacks Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Baked Savory Snacks Market Outlook (2018 - 2030)
Chapter 17 Research Findings
• 17.1 Key Takeaways
• 17.2 Analyst Point of View
• 17.3 Assumptions
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)

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