Baked Savoury Snacks Market 2025 Trends and Forecasts 2033: Analyzing Growth Opportunities

Baked Savoury Snacks Market: Comprehensive Analysis and Forecast

Key Insights

The Baked Savoury Snacks Market size was valued at USD 46.50 USD Billion in 2023 and is projected to reach USD 71.65 USD Billion by 2032, exhibiting a CAGR of 6.37 % during the forecast period.The Sector offers a variety of products including potato crisps,corn,chips ,tortillas,puffed,and baked snacks, crackers ,pretzels, savoury biscuits ,popcorn, meat snacks ,peanuts and other snack nuts used in its powder or fine granulated form and is generally used as a flavour enhancer or as a means of sharpening the flavour. Its impact is immediate on the palate and is a useful way of sharpening the overall flavour or adding to acid-based flavours such as tomato. Savory foods include roasted chicken ,grilled vegetables ,pasta with garlic and olive oil, cheese and charcuterie boards and savory pies .  There are some types of the grilled cheese ,pizza,burgers,chilli,loaded veggie quesadillas and cheeses. The growing trend towards plant-based diets has influenced the savory snack market. Consumers are looking for snacks made from plant-based ingredients such as vegetables, legumes, nuts, and seeds. This trend is driven by concerns over health, sustainability, and animal welfare. Snacks are important for energy and nutrients that you need throughout the day. Adults, as well as children, need snacks. 

Baked Savoury Snacks Trends

• Increasing awareness of health and wellness
• Growing preference for convenient and portable snacks
• Rising disposable income and urbanization
• Innovations in flavours and packaging
• Expansion of online retail channels

Driving Forces: What's Propelling the Baked Savoury Snacks Market

• Healthier alternatives: Baked savoury snacks offer a healthier option compared to fried snacks, as they are lower in fat and calories.
• Convenience and portability: The increasing number of working professionals and time-strapped consumers has led to a surge in demand for convenient and portable snacks.
• Increasing consumer spending: Rising disposable income and urbanization have allowed consumers to spend more on snack products.

Challenges and Restraints in Baked Savoury Snacks Market

• Competition from other snack categories: The baked savoury snacks market faces competition from other snack categories, such as chocolate, candy, and dairy snacks.
• Fluctuating raw material prices: The volatility of wheat, corn, and other raw material prices can impact the production cost of baked savoury snacks.
• Strict government regulations: Governments are increasingly imposing regulations on food safety and packaging, which can add to the cost of manufacturing baked savoury snacks.

Emerging Trends in Baked Savoury Snacks

• Multi-grain and seed-based snacks: Consumers are increasingly seeking out snacks that are made with multiple grains and seeds, as these offer nutritional benefits and a more satisfying taste.
• Plant-based snacks: The growing popularity of veganism and vegetarianism has led to an increase in demand for plant-based savoury snacks.
• Innovative flavours: Snack manufacturers are introducing new and innovative flavours to cater to consumer demand for variety and excitement.

Growth Catalysts in Baked Savoury Snacks Industry

• Product innovation: Ongoing advancements in flavour profiles, packaging solutions, and ingredient choices are expected to bolster market growth.
• Expansion into emerging markets: The growing popularity of baked savoury snacks in regions such as Asia-Pacific and Latin America is creating lucrative opportunities for manufacturers.
• Strategic partnerships and acquisitions: Partnerships between snack companies and distributors, along with acquisitions of smaller players, are anticipated to intensify competition and strengthen market positioning.
• Increasing consumer awareness: Consumers are becoming increasingly aware of the convenience, taste, and nutritional benefits of baked savoury snacks, driving market demand.
• Health-conscious consumers: The rising trend of health-conscious consumers is fuelling the demand for healthier baked savoury snacks made with whole grains, reduced sodium, and natural ingredients.

Market Segmentation: Baked Savoury Snacks Analysis

Product:

• Chips & Crisps
• Nuts & Seeds
• Popcorn
• Others

Distribution Channel:

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retail
• Others

Leading Players in the Baked Savoury Snacks Market

• General Mills Inc. (U.S.)
• Kellogg's Company (U.S.)
• Orkla ASA (Norway)
• Consolidated Biscuit Co. Ltd (Malta)
• Europe Snacks (France)
• PepsiCo, Inc. (U.S.)
• Chaucer Foods Ltd. (U.K.)
• Lorenz Bahlsen Snack-World GmbH & Co KG Germany (Germany)
• Hain Celestial (U.S.)
• Amplify Snack Brands Inc (U.S.)

Significant developments in Baked Savoury Snacks Sector

• 2023: PepsiCo announces the launch of a new range of plant-based baked savoury snacks under the Doritos brand.
• 2022: Mondelez International acquires Chipita S.A., a leading baked savoury snacks company in Eastern Europe.
• 2021: General Mills invests in plant-based snacking company Simply 7.

Comprehensive Coverage Baked Savoury Snacks Market Report

The comprehensive Baked Savoury Snacks Market Report provides an in-depth analysis of the market, including:

• Market size and growth forecasts
• Segmentation by product, distribution channel, and region
• Competitive landscape
• Key industry trends and drivers
• SWOT analysis
• Company profiles
• Detailed regional analysis

Regional Insight

• North America: Largest market share
• Europe: Growing demand for healthy snacks
• Asia-Pacific: Strong growth potential
• Latin America: Increasing consumption of baked savoury snacks
• Middle East and Africa: Emerging market with high growth prospects

Consumer Side Analysis

• Demographic profile of baked savoury snack consumers
• Key reasons for choosing and consuming baked savoury snacks
• Consumer preferences and buying behaviour

DROCs

• Drivers of market growth
• Restraints impacting market growth
• Opportunities for market players
• Challenges faced by market participants

Swot Analysis

• Strengths of the baked savoury snacks market
• Weaknesses of the baked savoury snacks market
• Opportunities for growth in the baked savoury snacks market
• Threats to the baked savoury snacks market