According to IMARC Group latest report titled “Meat Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on meat snacks industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global meat snacks market size reached US$ 9.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.39% during 2023-2028.
Meat snacks refer to ready-to-eat (RTE) food products made utilizing dried and dehydrated animal-derived raw materials with added seasonings and flavorings. Some of the common product types include sticks, sausages, nuggets, slabs, rinds, jerky, shreds, etc. Meat snacks are a rich source of zinc, proteins, choline, iron, vitamin B12, omega-3 fatty acids, etc. They help to boost energy, maintain a balanced diet, promote skin health, prevent anemia, balance cholesterol levels, etc. As a result, meat snacks are in extensive demand across the globe.
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Market Trends:
The shifting preferences toward healthy and convenient snacking items, owing to the hectic lifestyles and work schedules of the masses, are among the key factors driving the meat snacks market. Additionally, the emerging trend of premium products that are processed with lamb, grass-fed beef, coho salmon, wild boar, pasture-raised venison, and cage-free turkey is also positively influencing the global market. Apart from this, the increasing number of processing modifications, including slow meat roasting and value addition with exotic spices by leading market players to adequately cater to the need for complete and portable protein snacking solutions are acting as significant growth-inducing factors. Moreover, the launch of various gluten-free and low-sugar product variants that contain zero additives and preservatives is further stimulating the market growth. Besides this, the growing focus of numerous manufacturers on incorporating herbs to introduce innovative flavors, such as rosemary, curry, basil, chipotle, kimchi, adobo, etc., and the expanding product availability through multiple online distribution channels are expected to propel the meat snacks market over the forecasted period.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Bridgford Foods Corporation
- Conagra Brands Inc.
- General Mills Inc.
- Hormel Foods Corporation
- Jack Link’s LLC
- Monogram Food Solutions LLC
- Nestlé S.A.
- Meatsnacks Group Ltd.
- Tyson Foods Inc.
- Werner Gourmet Meat Snacks Inc
Meat Snacks Market Segmentation:
Our report has categorized the market based on region, product type, source, flavor and distribution channel.
Breakup by Product Type:
- Jerky
- Sticks
- Sausages
- Others
Breakup by Source:
- Pork
- Beef
- Poultry
- Others
Breakup by Flavor:
- Original
- Teriyaki
- Peppered
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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