Market Overview:
The global baked savory snacks market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for healthy snacks, changing lifestyle and growing urbanization. The biscuits segment is expected to dominate the global baked savory snacks market during the forecast period owing to its high demand from developing countries such as India and China. In terms of application, offline sales are expected to dominate the global baked savory snacks market during the forecast period owing to its high penetration in rural areas.
Product Definition:
Baked Savory Snacks are snacks that are usually made out of bread or pastry dough and then filled with savory ingredients like meats, cheeses, and vegetables. They can be baked in an oven or air fried. Baked Savory Snacks are important because they provide a quick and easy snack option that is also relatively healthy.
Biscuits:
Biscuits are a type of food product, which is widely used in the savory snacks market. It is also consumed as an important breakfast meal in many countries. The global biscuits market size was valued at USD 34.5 billion in 2016 and it is expected to grow at a CAGR of XX% from 2017 to 2024. Growing population coupled with rising health consciousness among consumers will drive the growth during the forecast period.
Extruded snacks:
Extruded snacks are products made by using a machine that is specialized for the production of thin and long pieces of food. The extrusion process offers several advantages such as uniformity, high yield, controlled thickness, and high-quality ingredients. These benefits have resulted in increased use of extruded snacks in various applications including bakery products and ready-to-eat meals among others.
Application Insights:
Offline sales accounted for the largest share of more than 70.0% in 2017. Offline channels are still the most dominant method of distribution for baked savory snacks and other food products, especially those that require preparation time or cooking skills to be consumed hot. Offline channels are also used as a convenient medium to reach remote areas with limited road access where people prefer to buy their daily requirements such as food items from local vendors rather than supermarkets or hypermarkets.
Online channel is expected to be the fastest-growing application segment over the forecast period owing to increasing internet penetration, rising disposable income among consumers and easy availability of e-commerce platforms in countries such as India, China, South Africa etcetera.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of savory snacks. Germany, U.K., France, and Italy are some of the major consumers in Europe due to high demand for extruded products as well as traditional baked varieties. North America is expected to be one of the fastest-growing markets at a CAGR of XX% from 2018 to 2030 owing to increasing health consciousness among consumers and easy availability of premium products at reasonable prices along with strong distribution channels operated by leading players such as Mondelēz International Inc.; JBF Group; Tyson Foods Inc.; and Cargill, Inc.
Asia Pacific is estimated to be one of the fastest-growing regions over the forecast period on account rising disposable income levels coupled with growing population especially in China.
Growth Factors:
- Increasing demand for convenience foods: The growth of the baked savory snacks market is primarily driven by the increasing demand for convenience foods. This can be attributed to the hectic lifestyles of people, which has resulted in a shift towards convenient and ready-to-eat food options.
- Rising disposable incomes: Another key factor driving the growth of this market is rising disposable incomes, which has enabled consumers to afford premium and exotic baked savory snacks products.
- Growing awareness about healthy eating habits: There is also growing awareness among consumers about healthy eating habits, which has led them to shift towards healthier snack options such as baked savory snacks products that are low in fat and calories.
- Proliferation of retail formats: The proliferation of retail formats such as supermarkets, hypermarkets, discount stores, etc., has also helped in boosting the sales of baked savory snacks products as these outlets offer a wide variety of these products under one roof at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Baked Savory Snacks Market Research Report
By Type
Biscuits, Extruded snacks, Popcorn, Others
By Application
Offline Sales, Online Sales
By Companies
American Pop Corn, Calbee Foods, ConAgra Foods, Kellogg, PepsiCo, Amica Chips, Axium Foods, Aperitivos Flaper, Butterkist, JFC International, Want Holdings
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Baked Savory Snacks Market Report Segments:
The global Baked Savory Snacks market is segmented on the basis of:
Types
Biscuits, Extruded snacks, Popcorn, Others
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
Offline Sales, Online Sales
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:
- American Pop Corn
- Calbee Foods
- ConAgra Foods
- Kellogg
- PepsiCo
- Amica Chips
- Axium Foods
- Aperitivos Flaper
- Butterkist
- JFC International
- Want Holdings
Highlights of The Baked Savory 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:
- Biscuits
- Extruded snacks
- Popcorn
- Others
- By Application:
- Offline Sales
- Online Sales
- 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 Savory 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
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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 savory snacks are a type of snack that is typically made from bread, cheese, and other ingredients. These snacks can be enjoyed as an appetizer or main course.
Some of the key players operating in the 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.
The baked savory snacks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Baked Savory Snacks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Baked Savory Snacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Baked Savory Snacks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Baked Savory Snacks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Baked Savory Snacks Market Size & Forecast, 2018-2028
4.5.1 Baked Savory Snacks Market Size and Y-o-Y Growth
4.5.2 Baked Savory Snacks Market Absolute $ Opportunity
Chapter 5 Global Baked Savory Snacks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Baked Savory Snacks Market Size Forecast by Type
5.2.1 Biscuits
5.2.2 Extruded snacks
5.2.3 Popcorn
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Baked Savory Snacks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Baked Savory Snacks Market Size Forecast by Applications
6.2.1 Offline Sales
6.2.2 Online Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Baked Savory Snacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Baked Savory Snacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Baked Savory Snacks Analysis and Forecast
9.1 Introduction
9.2 North America Baked Savory Snacks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Baked Savory Snacks Market Size Forecast by Type
9.6.1 Biscuits
9.6.2 Extruded snacks
9.6.3 Popcorn
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Baked Savory Snacks Market Size Forecast by Applications
9.10.1 Offline Sales
9.10.2 Online Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Baked Savory Snacks Analysis and Forecast
10.1 Introduction
10.2 Europe Baked Savory Snacks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Baked Savory Snacks Market Size Forecast by Type
10.6.1 Biscuits
10.6.2 Extruded snacks
10.6.3 Popcorn
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Baked Savory Snacks Market Size Forecast by Applications
10.10.1 Offline Sales
10.10.2 Online Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Baked Savory Snacks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Baked Savory Snacks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Baked Savory Snacks Market Size Forecast by Type
11.6.1 Biscuits
11.6.2 Extruded snacks
11.6.3 Popcorn
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Baked Savory Snacks Market Size Forecast by Applications
11.10.1 Offline Sales
11.10.2 Online Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Baked Savory Snacks Analysis and Forecast
12.1 Introduction
12.2 Latin America Baked Savory Snacks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Baked Savory Snacks Market Size Forecast by Type
12.6.1 Biscuits
12.6.2 Extruded snacks
12.6.3 Popcorn
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Baked Savory Snacks Market Size Forecast by Applications
12.10.1 Offline Sales
12.10.2 Online Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Baked Savory Snacks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Baked Savory Snacks Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Baked Savory Snacks Market Size Forecast by Type
13.6.1 Biscuits
13.6.2 Extruded snacks
13.6.3 Popcorn
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Baked Savory Snacks Market Size Forecast by Applications
13.10.1 Offline Sales
13.10.2 Online Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Baked Savory Snacks Market: Competitive Dashboard
14.2 Global Baked Savory Snacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Pop Corn
14.3.2 Calbee Foods
14.3.3 ConAgra Foods
14.3.4 Kellogg
14.3.5 PepsiCo
14.3.6 Amica Chips
14.3.7 Axium Foods
14.3.8 Aperitivos Flaper
14.3.9 Butterkist
14.3.10 JFC International
14.3.11 Want Holdings
