Baked Savory Snacks Market Overview:
The Baked Savory Snacks Market has experienced steady growth in recent years and is expected to continue its upward trajectory. Baked Savory Snacks Market Trending Factors such as changing lifestyles, increasing disposable income, and a shift towards healthier eating habits have contributed to the market's expansion. According to industry reports, 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.
Market Drivers:
As more individuals become aware of the importance of a balanced and healthy diet, there is a growing demand for snacks that align with their wellness goals. Baked savory snacks, known for their lower fat and calorie content compared to fried snacks, are seen as a healthier snacking option.
Consumer preferences have evolved over time, with a greater emphasis on nutritious and wholesome food choices. Baked savory snacks, often made with whole grains, natural ingredients, and without artificial additives, meet the demand for healthier snacking alternatives.
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Key Players of the Baked Savory Snacks Market
The baked savory snacks market is highly competitive, with several key players dominating the industry. These companies focus on product innovation, quality, and marketing strategies to gain a competitive edge. Some of the prominent players in the market include:
· 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
By Region:
· North America
· Europe
· Asia-Pacific
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