Baked Savory Snacks Market Overview:
The global Baked Savory Snacks Market was valued at USD 18,593.69 Million in 2022 and is projected to reach USD 27,657.78 Million by 2030, growing at a CAGR of 6.8% during the forecast period. The Baked Savory Snacks Market has experienced steady growth in recent years and is expected to continue its upward trajectory.
Baked savory snacks refer to a variety of flavourful snack items that are prepared by baking instead of deep-frying. These snacks are typically made from ingredients such as grains, vegetables, or potatoes, which are seasoned with various herbs, spices, and flavours to enhance their taste. Unlike fried snacks, baked savory snacks are cooked using dry heat in an oven, resulting in a lighter texture and reduced oil content.
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Key Players of the Baked Savory Snacks Market:
· Kellogg's Company
· Orkla
· Europe Snacks
· PepsiCo
· Chaucer Foods Ltd
· Hain Celestial
· Amplify Snack Brands
· Mondelez International
· General Mills Inc.
· Cornitos (Greendot Health Foods Pvt. Ltd.)
Market Segmentation:
By Product Type
· Biscuits
· Cookies
· Crackers
· Muffins
· Pretzels
· Popcorn
· Others
By Distribution Channel
Offline
· Supermarkets/Hypermarkets
· Convenience Stores
· Specialty Stores
· Others
Online
· E-commerce
· Company Owned-Website
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Regional Analysis:
North America holds a significant market share in the baked savory snacks market. The region has seen a for healthier snack options among health-conscious consumers. Europe has witnessed an increasing awareness about the health benefits of baked savory snacks. Consumers in this region are inclined towards organic and natural ingredients in their snacks. The Asia-Pacific region presents substantial Landscape. Rapid urbanization and changing dietary preferences have contributed to the market's expansion.
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