Baked Chips Market By Source (Cereals, Grains, Fruits, Vegetables, Others), By End User (Household, Restaurant and Cafes, Others), By Distribution Channel (Supermarkets and hypermarkets, Convenience stores, Online retail, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global baked chips market was valued at $6,223.1 million in 2021, and is projected to reach $10,910.6 million by 2031, registering a CAGR of 5.8% from 2022 to 2031. Chips that are baked are created with a lot of oil, salt, additional flavors, stabilizers, and emulsifiers. Baked chips are one of the popular snacks widely consumed by people from across the world. These are emerging as a popular snack as these are helping in enhancing the lifestyle of people. Moreover, there are numerous possibilities available for these chips. There are many players in the baked chips market such as include Popchips, Calbee, Inc, Herr Foods Inc, Cornitos, Utz Brands, Inc, Ike Enterprises Inc., Ike Enterprises Inc., General mills, Inc., True Agro Roots, etc.
The baked chips market has been witnessing bright opportunities, owing to the rise in consumer demand for healthy snacks. The main growth factor for the baked chips market is anticipated to be the increase in global consumer demand for healthy snacks that mix nutrition and convenience. In addition, the growth in desire among various population segments around the world to maintain a healthy body metabolism is projected to drive demand for baked chips in the upcoming years.
The North America baked chips market had a major share in 2021 and it is expected to grow during the forecast period, owing to rise in R&D activities of the baked chips market in the region. Furthermore, the Rising demand for packaged food fuels the demand for baked chips across the globe. Over the past few years, consumers' eating patterns have evolved significantly.
Consumers eat anything that comes their way almost constantly, including biscuits, cookies, chips, quick noodles, salty snacks, and candies. However, several aspects, such as stringent government policies related to baked food are projected to hamper the growth of the baked chips market during the forecast period.
The baked chips market is segmented into source, end use, distribution channel, and region. By source, it is classified into cereals, grains, fruits, vegetables, and others. On the basis of end use, it is fragmented into household, restaurant & cafes, and others. By distribution channel, the market is categorized into supermarkets & hypermarkets, convenience stores, online retail, and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Belgium, Netherland, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, Chile, and rest of LAMEA).
The key players profiled in this report include Popchips, Calbee, Inc, Herr Foods Inc, Cornitos, Utz Brands, Inc, Ike Enterprises Inc., Ike Enterprises Inc., General mills, Inc., True Agro Roots, The Campbell Soup Company, Kelloggs, and PepsiCo, Inc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the baked chips market analysis from 2021 to 2031 to identify the prevailing baked chips market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the baked chips market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global baked chips market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Source
Cereals
Grains
Fruits
Vegetables
Others
By End User
Household
Restaurant and Cafes
Others
By Distribution Channel
Supermarkets and hypermarkets
Convenience stores
Online retail
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Belgium
Russia
Netherlands
Spain
Rest Of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Thailand
Indonesia
Rest Of Asia-Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
Chile
Turkey
South Africa
Rest Of LAMEA
Key Market Players
Popchips
Calbee, Inc
Herr Foods Inc
Cornitos
Utz Brands, Inc
Ike Enterprises Inc
Intersnack Group GmbH and Co. KG
General Mills, Inc.
True Agro Roots
The Campbell Soup Company
Kelloggs
Pepsico, Inc.
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