Meat Snacks Market

SKU: DMFB405 | Last Updated On: Aug 02 2022 | Available Formats

> Global Meat Snacks Market Expected to reach a high CAGR by 2029: DataM Intelligence

Meat Snacks Market is segmented By Meat Type (Beef, Poultry, Pork, Seafood, Others), By Flavour Type (Original, Teriyaki, Peppered, BBQ, Others), By Outlook Type (Jerky, Steaks and Strips, Bars, Sticks, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Meat Snacks Market is expected to grow at a high CAGR 7% during the forecasting period (2022-2029).

Market Forecast

  • The market is driven by factors like changing lifestyle habits, health awareness, and an increase in demand for healthier protein-based snacks.

  • Health plays a crucial role in the types of meals consumers eat. Consumers prefer the lunch which is healthy, natural and provides them the energy boost without compromising with the taste.

  • Meat snacks satisfy many of these requirements and have been cashing in on the trend. Meat snacks are one of the top four food items millennials purchase in convenience stores.

  • Meat snacks have been a star performer in savory snacks, with a minimally processed image and high-protein content that serves as an appetite suppressant and energy booster.

  • Though the meat snacks market is on an incline; but, more consumers are also increasingly looking outside meats for their protein and Americans are eating more nuts, seeds, legumes, and other plant-based varieties.

  • All of these choices have opened consumers’ palates, but have also put pressure on meat snack companies to appeal to that growing sense of discovery.

Market Segmentation

  • The Meat Snacks market report segments the meat snacks market By Meat Type, By Flavour Type, By Outlook type, and By Geography.

  • Meat type, the market has been segmented into Beef, Pork, Poultry, Salmon, and Others. By flavor type, the market has been segmented into Original, Teriyaki, Sriracha, Peppered, Smoked and Others.

  • By Outlook type the segmentations are Jerky, Steaks and Strips, Bars, Sticks, Bites, Sausages, and Others. Jerky is the most popular snack in the USA and has the most significant market share among all. Within jerky, pepper is the most popular flavor category, while teriyaki has the most robust growth rate.

Geographical Share

  • By Geography Type, the report segments the market into North America, South America, Europe, Asia-Pacific, and the Rest of the World. North America has the highest market share for meat snacks globally.

  • The US leads the North American Market of Meat Snacks. The sales of meat snacks in the US increased from 1.58 billion in 2009 to almost 2.5 billion in late 2014. Jack Link’s brand is most popular in the US; marginally ahead of Slim Jim.

  • The report profiles the following companies, which include Meat Snacks Group, Conagra foods, Jack Link’s, Hormel foods, Oberto, Old Trapper, Tyson Foods, Inc., Bridgford Foods, Klement’s Sausage, Country Archer, and Tillamook Country Smoker.

Product-based Analysis

By Meat Type

• Beef

• Poultry

• Pork

• Others

By Flavour Type

• Original

• Teriyaki

• Peppered

• BBQ

• Sriracha

• Smoked

• Others (Hickory smoke, Jalapeno)

By Outlook Type

• Jerky

• Steaks and Strips

• Bars

• Sticks

• Bites

• Others (Sausages, Cuts)

By Region

• Asia Pacific

• Europe

• North America

• South America

• Rest of the World

Meat Snacks Market Scope

Metrics

Details

Market CAGR

7%

Segments Covered

By Meat Type, By Flavour Type, By Outlook Type, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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