The Asia Pacific Baked Savory Snacks Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030).
Millennials' expanding appetite for refreshments is expected to contribute to the development of the industry during the forecast period. Growing consumer awareness of the health benefits of salted snack consumption is a key trend that has a significant impact on the growth of the market. Savory treats that are low in calories and gluten-free are appropriate for people with obesity or diabetes. Since consumers have concerns regarding the food they ingest, they invest their money in sugar-free, nutritious foods.
The food and beverage industry are developing sugar-free products in an effort to combat diabetes. In addition, it is anticipated that the availability of diverse flavors and the rising disposable income of consumers in Asia Pacific will boost the market throughout the forecast period. Furthermore, the rising demand for potato chips is anticipated to increase the market in the coming years.
Time is becoming increasingly limited for these city dwellers. It is not surprising that the elevated value of time directly affects the dietary behaviors of Asian consumers. Asia Pacific consumers prefer food preparation options that require less time, such as food service delivery, prepared dishes, and packaged snacks. Packaged snacks' portability and RTE nature make them ideal for on-the-go consumption. Since Asia Pacific becomes more urbanized and modern grocery retailers become more developed, consumers are transitioning from consuming unpackaged snacks at home or purchasing traditional street snacks from food cycles or trucks to having readily accessible packaged snacks. Consequently, the growth prospects in the region are anticipated to increase significantly.
The China market dominated the Asia Pacific Baked Savory Snacks Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,906.3 million by 2029. The Japan market is registering a CAGR of 6.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8% during (2023 - 2030).
Based on Product, the market is segmented into Chips & Crisps, Nut & Seeds, Popcorn and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Baked Savory Snacks Market is Projected to reach USD 80.9 Billion by 2030, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Mills, Inc., Kellogg Company, Orkla ASA, PepsiCo, Inc., Chaucer Foods Ltd. (Pilgrim Food Group PLC), ITC Limited, The Hain Celestial Group, Inc., Amplify Snack Brands Inc (The Hershey Company), Consolidated Biscuit Co. Ltd, and Europe Snacks Group.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Chips & Crisps
- Nut & Seeds
- Popcorn
- Others
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Retail
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- General Mills, Inc.
- Kellogg Company
- Orkla ASA
- PepsiCo, Inc.
- Chaucer Foods Ltd. (Pilgrim Food Group PLC)
- ITC Limited
- The Hain Celestial Group, Inc.
- Amplify Snack Brands Inc (The Hershey Company)
- Consolidated Biscuit Co. Ltd
- Europe Snacks Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Baked Savory Snacks Market, by Product
1.4.2 Asia Pacific Baked Savory Snacks Market, by Distribution Channel
1.4.3 Asia Pacific Baked Savory Snacks Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Asia Pacific Baked Savory Snacks Market by Product
4.1 Asia Pacific Chips & Crisps Market by Country
4.2 Asia Pacific Nut & Seeds Market by Country
4.3 Asia Pacific Popcorn Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Baked Savory Snacks Market by Distribution Channel
5.1 Asia Pacific Supermarkets & Hypermarkets Market by Country
5.2 Asia Pacific Convenience Stores Market by Country
5.3 Asia Pacific Online Retail Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Baked Savory Snacks Market by Country
6.1 China Baked Savory Snacks Market
6.1.1 China Baked Savory Snacks Market by Product
6.1.2 China Baked Savory Snacks Market by Distribution Channel
6.2 Japan Baked Savory Snacks Market
6.2.1 Japan Baked Savory Snacks Market by Product
6.2.2 Japan Baked Savory Snacks Market by Distribution Channel
6.3 India Baked Savory Snacks Market
6.3.1 India Baked Savory Snacks Market by Product
6.3.2 India Baked Savory Snacks Market by Distribution Channel
6.4 South Korea Baked Savory Snacks Market
6.4.1 South Korea Baked Savory Snacks Market by Product
6.4.2 South Korea Baked Savory Snacks Market by Distribution Channel
6.5 Singapore Baked Savory Snacks Market
6.5.1 Singapore Baked Savory Snacks Market by Product
6.5.2 Singapore Baked Savory Snacks Market by Distribution Channel
6.6 Malaysia Baked Savory Snacks Market
6.6.1 Malaysia Baked Savory Snacks Market by Product
6.6.2 Malaysia Baked Savory Snacks Market by Distribution Channel
6.7 Rest of Asia Pacific Baked Savory Snacks Market
6.7.1 Rest of Asia Pacific Baked Savory Snacks Market by Product
6.7.2 Rest of Asia Pacific Baked Savory Snacks Market by Distribution Channel
Chapter 7. Company Profiles
7.1 General Mills, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Kellogg Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Orkla ASA
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 PepsiCo, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Chaucer Foods Ltd. (Pilgrim Food Group PLC)
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 ITC Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 The Hain Celestial Group, Inc.
7.7.1 Company overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Amplify Snack Brands Inc (The Hershey Company)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 SWOT Analysis
7.9 Consolidated Biscuit Co. Ltd
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Europe Snacks Group
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Acquisition and Mergers:
7.10.3 SWOT Analysis
TABLE 1 Asia Pacific Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Chips & Crisps Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Chips & Crisps Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Nut & Seeds Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Nut & Seeds Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Popcorn Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Popcorn Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Supermarkets & Hypermarkets Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Supermarkets & Hypermarkets Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Convenience Stores Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Convenience Stores Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Online Retail Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Online Retail Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Baked Savory Snacks Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Baked Savory Snacks Market by Country, 2023 - 2030, USD Million
TABLE 25 China Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 26 China Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 27 China Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 28 China Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 29 China Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 30 China Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 31 Japan Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 32 Japan Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 33 Japan Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 34 Japan Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 35 Japan Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 36 Japan Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 37 India Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 38 India Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 39 India Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 40 India Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 41 India Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 42 India Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 43 South Korea Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 44 South Korea Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 45 South Korea Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 46 South Korea Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 47 South Korea Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 South Korea Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 49 Singapore Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 50 Singapore Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 51 Singapore Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 52 Singapore Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 53 Singapore Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 54 Singapore Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 55 Malaysia Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 56 Malaysia Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 57 Malaysia Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 58 Malaysia Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 59 Malaysia Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 60 Malaysia Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 61 Rest of Asia Pacific Baked Savory Snacks Market, 2019 - 2022, USD Million
TABLE 62 Rest of Asia Pacific Baked Savory Snacks Market, 2023 - 2030, USD Million
TABLE 63 Rest of Asia Pacific Baked Savory Snacks Market by Product, 2019 - 2022, USD Million
TABLE 64 Rest of Asia Pacific Baked Savory Snacks Market by Product, 2023 - 2030, USD Million
TABLE 65 Rest of Asia Pacific Baked Savory Snacks Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 66 Rest of Asia Pacific Baked Savory Snacks Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 67 Key Information – General Mills, Inc.
TABLE 68 Key information – Kellogg Company
TABLE 69 Key Information – Orkla ASA
TABLE 70 Key Information – PepsiCo, Inc.
TABLE 71 Key Information – Chaucer Foods Ltd.
TABLE 72 Key Information – ITC Limited
TABLE 73 Key Information – The Hain Celestial Group, Inc.
TABLE 74 Key Information – Amplify Snack Brands Inc
TABLE 75 Key Information – Consolidated Biscuit Co. Ltd
TABLE 76 Key Information – Europe Snacks Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Baked Savory Snacks Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Baked Savory Snacks Market
FIG 4 Porter’s Five Force Analysis: Baked Savory Snacks Market
FIG 5 Asia Pacific Baked Savory Snacks Market share by Product, 2022
FIG 6 Asia Pacific Baked Savory Snacks Market share by Product, 2030
FIG 7 Asia Pacific Baked Savory Snacks Market by Product, 2019 - 2030, USD Million
FIG 8 Asia Pacific Baked Savory Snacks Market share by Distribution Channel, 2022
FIG 9 Asia Pacific Baked Savory Snacks Market share by Distribution Channel, 2030
FIG 10 Asia Pacific Baked Savory Snacks Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 Asia Pacific Baked Savory Snacks Market share by Country, 2022
FIG 12 Asia Pacific Baked Savory Snacks Market share by Country, 2030
FIG 13 Asia Pacific Baked Savory Snacks Market by Country, 2019 - 2030, USD Million
FIG 14 Swot Analysis: General Mills, Inc.
FIG 15 Swot Analysis: Kellogg Company
FIG 16 Swot Analysis: Orkla ASA
FIG 17 Swot Analysis: PepsiCo, Inc.
FIG 18 Swot Analysis: Chaucer Foods Ltd.
FIG 19 Swot Analysis: ITC Limited
FIG 20 Swot Analysis: The Hain Celestial Group, Inc.
FIG 21 Swot Analysis: Amplify Snack Brands Inc
FIG 22 Swot Analysis: Consolidated Biscuit Co. Ltd
FIG 23 Swot Analysis: Europe Snacks Group