Baked Chips Market (Source - Fruits, Vegetables, Grains, and Others; Flavor - Salted, Classic, Barbecue, and Others; Distribution Channel - Supermarkets and Hypermarkets, Convenience Stores, and Online Retail): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report published by Infinium Global Research on baked chips market provides in-depth analysis of segments and sub-segments in the global as well as regional baked chips market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional baked chips market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global baked chips market.

Market Insight:

The global baked chips market was valued at USD 1.5 billion in 2022 and is expected to USD 2.30 billion in 2030, with a CAGR of 5.54% during the forecast period 2023-2030.

Baked chips are a healthier alternative to traditional fried chips, as they are cooked through a baking process rather than deep frying. These chips are typically made from sliced vegetables or grains, such as potatoes, sweet potatoes, or whole grains, which are seasoned and then baked until crisp. Additionally, the scope of baked chips lies in addressing the growing demand for healthier snack options. As consumers become more health-conscious, there is a rising interest in snacks that offer a satisfying crunch without the excess oil and calories associated with deep-fried products. Baked chips cater to this demand by providing a tasty and convenient snack option with reduced fat content. This aligns with the broader trend towards healthier eating habits, making baked chips a viable and popular choice among those seeking a balance between taste and nutrition.

Increasing consumer interest in healthier lifestyles has fueled a surge in demand for baked chips, a nutritious alternative to traditional fried snacks. The baked chips market is thriving as more people seek convenient, tasty, and health-conscious snack choices, driving innovation and growth in this segment of the snack industry. Additionally, the rising adoption of vegan and plant-based diets is a key driver behind the growing popularity of baked chips. Consumers seeking cruelty-free and sustainable snack options are fueling the market's expansion. Baked chips, often made from plant-based ingredients, align with the increasing demand for ethical and environmentally conscious food choices. However, traditional fried chips pose a formidable challenge to the baked chips market, hindering its growth. Furthermore, the baked chips market can capitalize on expanding consumer awareness of health benefits, leveraging the demand for nutritious snack options. Innovations in flavor profiles further enhance growth prospects, allowing the industry to cater to evolving tastes while meeting the rising demand for healthier alternatives, and fostering opportunities for market expansion.

Asia-Pacific region holds the largest market share in the baked chips market, driven by increasing consumer awareness about healthier snack options and a rising preference for baked over fried snacks. The region benefits from a large population, changing lifestyles, and a growing focus on wellness. In contrast, North America emerges as the fastest-growing region in the baked chips market. The demand for baked chips in North America is propelled by a surge in health-conscious consumers seeking better-for-you snacks, as well as a shift toward sustainable and clean-label products. Innovative flavors, better nutritional profiles, and convenient packaging contribute to the rapid growth of the baked chips market in North America, making it a dynamic and expanding segment within the snack industry.

Report Scope of the Baked Chips Market:

Segment wise revenue contribution in the global baked chips market

The report on global baked chips market provides a detailed analysis of segments in the market based on Source, Flavor, and Distribution Channel.

Segmentation Based on Source

·       Fruits

·       Vegetables

·       Grains

·       Others

Segmentation Based on Flavor

·       Salted

·       Classic

·       Barbecue

·       Others

Segmentation Based on Distribution Channel

·       Supermarkets and Hypermarkets

·       Convenience Stores

·       Online Retail

Company Profiled:

·       Pepsico,Inc.

·       popchips

·       BREWER'S FOODS

·       VMG

·       Herr's

·       Hain Celestial

·       Intersnack Group GmbH & Co. KG

·       Frito-Lay

·       KETTLE BRAND

·       Calbee America Inc.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the baked chips market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.