Pune, 24, May, 2024: Stellar Market Research, a Food & Beverages business research firm has published a report on the “Baked Chips Market”. The total market opportunity for Baked Chips Market was USD 9.92 Bn in 2023 and is expected to grow at 5.76 percent CAGR through the forecast period by reaching nearly USD 14.68 Bn.
Baked Chips Market Report Scope and Research Methodology
Market Size in 2023: USD 9.92 Bn.
Market Size in 2030: USD 14.68 Bn.
CAGR: 5.76 % (2024-2030)
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 274
No. of Tables: 114
No. of Charts and Figures: 113
Segment Covered: Source, Functionality, and Distribution Channel
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, Stellar Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
This research report provides a thorough analysis of the strategies used by the top producers in the Baked Chips sector, together with a thorough investigation of the market segments and geographical areas. Through a segment- and region-specific study of market dynamics, Baked Chips Market Research provides a thorough grasp of the opportunities, challenges, drivers, and limitations. More details on import/export consumption, supply and demand, price, cost, and gross margins would improve its value as a reference for investors.
The data for the Baked Chips Market study was gathered using both primary and secondary research methods to ensure the accuracy of the report. The core research, which focuses on baked chips, is based on phone interviews, questionnaires, and surveys with market leaders, industry experts, and business owners. The global and regional markets for. The Baked Chips market has been evaluated using the bottom-up methodology. Using a SWOT analysis, the advantages and disadvantages of the top businesses in the baked chips sector were assessed.
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Baked Chips Market Overview
Baked chips are low-fat alternatives to fried chips, providing the same taste and crunch as traditional chips. They are widely consumed globally because of their quality of life enhancement and easy production. The baked chip market is expanding because of factors like availability, lifestyle choices, and cultural preferences, which influence consumer purchasing behaviour and dietary preferences, increasing the acceptance of baked foods. These chips are easy to pack, have a long shelf life.
Baked Chips Market Dynamics
The global baked chips industry is experiencing market growth because of the increasing demand for healthy, convenient, and nutritious snacks. Factors such as the need to maintain a healthy body metabolism, the evolution of consumer lifestyles, and affordability make these snacks more appealing. The rise in online retail platforms and the availability of readily available raw materials further support market advancement. The global working population is increasingly consuming nutritious snacks to maintain metabolism and control appetite. Compared to deep-fried chips, which increase the risk of heart disease, baked chips contain healthy fat content, benefiting the heart. The younger generation’s preference for healthier baked snacks, gluten-free products, and Westernized culture will further drive market revenue for the baked chips industry.
Baked Chips Market Regional Insights
North America Baked Chips Market is dominated in 2023, because of the region’s high consumer wealth and preference for baked savory snacks because of their convenience, as well as the growing need for healthier and tastier snacks that keep nutritional value.
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Baked Chips Market Segmentation
By Source
- Vegetable
- Fruits
- Cereals
- Grains
- Others
By Functionality
- Organic
- Gluten-Free
- Low Calories
- Low Sodium
- Others
By Distribution Channel
- Store-Based
- Non-Store-Based
Based on Distribution Channel, Store-based and non-store-based segments are included in the baked chips market segmentation. The segment with store-based sales produced the highest revenue. Store-based categories appeal to customers because they offer a variety of products, including consumer items and food and drinks, in one convenient place. Supermarkets are also seen to be a handy place to buy fresh or frozen food because of how easily they can be stored, which enhances the quality of the product. The most well-liked and extensively accessible through retail channels are baked chips and nuts and seeds. Supermarkets and hypermarkets also provide a range of alternatives that let customers get various products.
Baked Chips Key Competitors include:
- Popchips – USA
- Frito-Lay – USA
- Shearer’s Foods – USA
- Kettle Brand – USA
- Calbee – Japan
- Burts Snacks – United Kingdom
- Intersnack Group – Germany
- PepsiCo, Inc. – USA
- Campbell Soup Company – USA
- Bare Snacks – USA
- Kellogg’s – USA
- Bokksu Market – USA
- Kellogg’s Company – USA
- Europe Snacks – France
- Utz – USA
- Herr’s – USA
- Walkers- United Kingdom
- Dieffenbach’s Potato Chips – USA
- Terra Chips – USA
- Beanfields – USA
- Rw Garcia – USA
- inc
Key questions answered in the Baked Chips Market report are:
- What growth strategies are the players considering to increase their presence in Baked Chips Market?
- Who are the leading companies and what are their portfolios in Baked Chips Market?
- What are the major challenges that the Baked Chips Market could face in the future?
- Which region held the largest Baked Chips Market Share in 2023?
- What is Baked Chips?
- Which market segment held the largest share of the global Baked Chips Market in 2023?
- What are the global trends in the Baked Chips Market?
- What are the upcoming industry applications and trends for the Baked Chips Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Baked Chips Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Baked Chips Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Baked Chips Market Segmentation – A detailed analysis by Source, Functionality, Distribution Channel and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Stellar Market Research is leading Food & Beverages research firm, has also published the following reports:
Belarus Potato Chips Market – The market size is expected to reach USD 47.97 Million by 2030 at a CAGR of 4.4 percent during the forecast period. The growth of organized retail is benefiting the potato chips market. Earlier, some players were reluctant to sell their products due to a lack of knowledge, storage equipment, and developing markets.
Food Bars Market – The market size is expected to reach USD 8.34 Billion by 2030 at a CAGR of 5.3 percent during the forecast period. The growing focus on health and wellness has been a significant driver for the Food Bars market.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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