How big is the Baked Chips Market?

The Baked Chips Market size is expected to reach USD 1.59 billion in 2024 and grow at a CAGR of 5.56% to reach USD 2.09 billion by 2029. Read More

What is the current Baked Chips Market size?

In 2024, the Baked Chips Market size is expected to reach USD 1.59 billion. Read More

Who are the key players in Baked Chips Market?

General Mills Inc. , Mondelez International, Inc., Guiltfree Industries Limited (Too Yum), PepsiCo Inc. and The Kellogg's Company are the major companies operating in the Baked Chips Market. Read More

Which is the fastest growing region in Baked Chips Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Baked Chips Market?

In 2024, the Europe accounts for the largest market share in Baked Chips Market. Read More

What years does this Baked Chips Market cover, and what was the market size in 2023?

In 2023, the Baked Chips Market size was estimated at USD 1.51 billion. The report covers the Baked Chips Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Baked Chips Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Baked Chips Market Trends

Statistics for the 2023 & 2024 Baked Chips market trends, created by Mordor Intelligence™ Industry Reports. Baked Chips trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Baked Chips Industry

Growing Consumer Demand for Healthier Alternatives to Traditional Snacks

Consumer preference for healthy alternatives for snacking is increasing across the world, due to which the demand for baked chips is increasing. Since customers are becoming more health conscious and looking for nutritional snacks with the addition of functional components like fiber, vitamins, and antioxidants in their diets, baked chips are preferred as they are low-calorie and nutritive.
Furthermore, due to increased work-from-home culture and hectic schedules, consumption of packaged food is increased. Owing to this, the prevalence of obesity and other lifestyle diseases is increasing. According to Health Survey England data from 2021, 25.9% of adults in England are obese.
Hence, owing to the increasing obesity and other health issues, customers are focusing on eating baked chips, which are simultaneously expanding the market to combat the tendency of these diseases.

Baked Chips Market: Retail Sales Value of Packaged Foods, in USD Million, Indonesia, 2018-2021

Understand The Key Trends Shaping This Market

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Asia-Pacific is the Fastest Growing Market

The baked chips market in Asia-Pacific is growing rapidly as a result of several factors, including consumer preferences for gluten-free products, a tendency to try new flavors and varieties, and the consumption of chips with moderate sodium content.
Adding to this, customers have been actively looking for baked chip products that are gluten-free, additive- and preservative-free, and made with a higher percentage of organic or clean-label ingredients. Additionally, the demand for foreign cuisines and flavors is increasing in the region, owing to which the market players are introducing new international flavors of baked chips.
For instance, in December 2021, TagZ Startup launched baked potato chips with Pop. The product is made without cholesterol, preservatives, palm oil, and gluten. The products are available in different Indian flavors like masala, cream onion, salt, and others. The company also launched international flavors like Beer n Barbeque, Thai Vodka Tom Yum, and Italian Wine 'n Cheese.