Market Overview:
The global baked snacks market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the global baked snacks market can be attributed to factors such as rising demand for convenience foods, changing lifestyles, and increasing disposable income. In terms of type, the Chinese-style snacks segment is expected to dominate the global baked snacks market during the forecast period 2018-2030. This can be attributed to growing demand for healthy and convenient snack options in China. In terms of application, takeout is expected to dominate the global baked snacks market during the forecast period 2018-2030 owing to busy lifestyles and rising demand for on-the-go food options among consumers across regions.
Product Definition:
Baked Snacks are snacks that have been cooked in an oven. They can include anything from cookies to pizza. Baked snacks are generally seen as healthier than fried snacks, and they tend to last longer.
Chinese-Style Snacks:
The Chinese-style snacks are the most popular type of food in China. The growth factor for this market is increasing demand from young consumers and working-class people. These products have a wide range of applications, such as they can be used as an ingredient for other foods or consumed alone. In addition, these products are available in various forms including savory snacks, sweet snacks and biscuits and cookies among others which also contributes to its growing popularity across all age groups in China.
Western-Style Snacks:
The global western-style snacks market size was valued at USD 90.3 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for convenience food products due to increasing working population, changing lifestyles, and rapid urbanization is driving the growth of this industry globally.
Application Insights:
Baked snacks are widely used as takeout food. The application was dominated by the takeout segment in 2017 and is expected to continue its dominance over the forecast period. Baked snacks are convenient, easy to carry and can be eaten anywhere including office break rooms, hotels, railway stations or airports. Moreover, baked snacks do not require refrigeration which makes them a popular choice among consumers looking for grab-and-go options at restaurants and other eateries.
The dine-in application of baked snacks is expected to witness significant growth over the forecast period owing to rising consumer preference for home cooked meals instead of ordering out or going somewhere else for a meal. Consumers prefer purchasing their dinner from scratch rather than relying on fast food joints or casual restaurants that serve fried foods and other calorie laden delicacies late at night when they have no time for preparing healthy meals at home due to hectic work schedules.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly half of global population, which makes it a key regional market. China accounted for more than 30% share of Asia Pacific baked snacks industry in 2017 owing to high product consumption coupled with rising disposable income levels among consumers. India is also estimated to be one of the fastest-growing markets at an estimated CAGR of XX% from 2018 to 2030 due to increasing health consciousness among consumers and easy availability of various types baked snacks at supermarkets & hypermarkets as well as street food joints across major cities including Mumbai, Delhi, Bangalore, Hyderabad and Kolkata (formerly Calcutta).
North America was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period on account snacking habits prevalent amongst U.S.
Growth Factors:
- Increasing demand for healthy snacks: The global baked snacks market is witnessing a shift in consumer preference towards healthier snacking options. This is primarily attributed to the growing awareness of the health risks associated with obesity and other lifestyle diseases. As a result, manufacturers are focusing on developing healthier variants of baked snacks that are low in fat and calories.
- Rising disposable income: A key factor driving growth in the global baked snacks market is rising disposable income levels across emerging markets, especially in Asia Pacific and Latin America. This has led to an increase in spending on premium-priced baked snack products.
- Growing urbanization: The trend of urbanization is also contributing to growth in the global baked snacks market, as more people are moving to cities where there is a greater demand for convenience foods such as bakery items and savory snacks.
Scope Of The Report
Report Attributes
Report Details
Report Title
Baked Snacks Market Research Report
By Type
Chinese-Style Snacks, Western-Style Snacks, Other
By Application
Takeout, Dine-in
By Companies
Grupo Bimbo, ConAgra Foods, Kellogg's, Schwan's, Snyder's-Lance, Pepperidge Farm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Baked Snacks Market Report Segments:
The global Baked Snacks market is segmented on the basis of:
Types
Chinese-Style Snacks, Western-Style Snacks, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Takeout, Dine-in
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grupo Bimbo
- ConAgra Foods
- Kellogg's
- Schwan's
- Snyder's-Lance
- Pepperidge Farm
Highlights of The Baked Snacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chinese-Style Snacks
- Western-Style Snacks
- Other
- By Application:
- Takeout
- Dine-in
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Baked Snacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Baked snacks are a type of food that is typically baked and has a crispy texture. They can be made from a variety of ingredients, including bread, chips, pretzels, and cookies.
Some of the major companies in the baked snacks market are Grupo Bimbo, ConAgra Foods, Kellogg's, Schwan's, Snyder's-Lance, Pepperidge Farm.
The baked snacks market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Baked Snacks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Baked Snacks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Baked Snacks Market - Supply Chain
4.5. Global Baked Snacks Market Forecast
4.5.1. Baked Snacks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Baked Snacks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Baked Snacks Market Absolute $ Opportunity
5. Global Baked Snacks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Baked Snacks Market Size and Volume Forecast by Type
5.3.1. Chinese-Style Snacks
5.3.2. Western-Style Snacks
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Baked Snacks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Baked Snacks Market Size and Volume Forecast by Application
6.3.1. Takeout
6.3.2. Dine-in
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Baked Snacks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Baked Snacks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Baked Snacks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Baked Snacks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Baked Snacks Demand Share Forecast, 2019-2026
9. North America Baked Snacks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Baked Snacks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Baked Snacks Market Size and Volume Forecast by Application
9.4.1. Takeout
9.4.2. Dine-in
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Baked Snacks Market Size and Volume Forecast by Type
9.7.1. Chinese-Style Snacks
9.7.2. Western-Style Snacks
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Baked Snacks Demand Share Forecast, 2019-2026
10. Latin America Baked Snacks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Baked Snacks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Baked Snacks Market Size and Volume Forecast by Application
10.4.1. Takeout
10.4.2. Dine-in
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Baked Snacks Market Size and Volume Forecast by Type
10.7.1. Chinese-Style Snacks
10.7.2. Western-Style Snacks
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Baked Snacks Demand Share Forecast, 2019-2026
11. Europe Baked Snacks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Baked Snacks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Baked Snacks Market Size and Volume Forecast by Application
11.4.1. Takeout
11.4.2. Dine-in
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Baked Snacks Market Size and Volume Forecast by Type
11.7.1. Chinese-Style Snacks
11.7.2. Western-Style Snacks
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Baked Snacks Demand Share, 2019-2026
12. Asia Pacific Baked Snacks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Baked Snacks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Baked Snacks Market Size and Volume Forecast by Application
12.4.1. Takeout
12.4.2. Dine-in
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Baked Snacks Market Size and Volume Forecast by Type
12.7.1. Chinese-Style Snacks
12.7.2. Western-Style Snacks
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Baked Snacks Demand Share, 2019-2026
13. Middle East & Africa Baked Snacks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Baked Snacks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Baked Snacks Market Size and Volume Forecast by Application
13.4.1. Takeout
13.4.2. Dine-in
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Baked Snacks Market Size and Volume Forecast by Type
13.7.1. Chinese-Style Snacks
13.7.2. Western-Style Snacks
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Baked Snacks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Baked Snacks Market: Market Share Analysis
14.2. Baked Snacks Distributors and Customers
14.3. Baked Snacks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Grupo Bimbo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ConAgra Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kellogg's
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schwan's
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Snyder's-Lance
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pepperidge Farm
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook