The report highlights the increasing demand for packaged food due to hectic lifestyle which is the crucial factor driving the market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the baked savory snacks market.
The baked savory snacks market is bifurcated into product type and distribution channel. Based on product type, the market is segmented into biscuits, cookies, crackers, muffins, pretzels, popcorn, and others. In 2022, the crackers segment accounted for the highest market share in the baked savory snacks market. The distribution channel is categorized into offline (supermarkets/hypermarkets, convenience stores, specialty stores, and others) and online (e-commerce and company owned-website). In 2022, the offline segment accounted for the highest market share in the baked savory snacks market.Get Free Sample
|Report Attributes||Report Details|
|By Product Type||Biscuits, Cookies, Crackers, Muffins, Pretzels, Popcorn, and Others|
|By Distribution Channel||Offline (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Others) and Online (E-commerce and Company Owned-Website)|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as Kellogg's Company, Orkla, Europe Snacks, and PepsiCo have a strong market position in current market circumstances. Further, the baked savory snacks market is expected to witness significant growth in the coming years due to the increased demand for vegan or plant-based healthy snack alternatives. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.