Global Meat Snacks Market, By Product Type (Jerky, Meat Sticks, Pickled Sausage, Ham Sausage, Pickled Poultry Meat and Others), Nature (Organic, Conventional), Application (Daily Use, Functional Use), Distribution Channel (Modern Trade, Convenience Store, E-Retailers and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Meat Snacks Market Analysis and Insights : Global Meat Snacks Market
The meat snacks market is expected to exhibit a market value of USD 5.0 billion by the year 2021. This means that the market would witness a CAGR of 3.80% for the forecast period of 2021-2028. However, the high cost involved in the production process of such snacks can hinder the overall growth of the meat snacks market.
Recently, consumer have replaced their regular diet with convenience food items due to their hectic lifestyle which has led to drastic increase in demand for snacks, that are specifically rich in protein and are flavour-packed. Globally, meat snacks are offered as beef steak strips in original and teriyaki form that contain eight grams of protein per serving. Hence some of the key features offered by the product creates a way for meat snacks market opportunity. Also, the increasing number of convenience stores is driving the market of meat snacks market.
Millennials prefer less-processed items with lower sodium, more natural ingredients and trendy flavours. Hence, some of the manufacturers in the global market have been manoeuvring on inventing their product hand-outs accordingly. For instance, some companies announced relaunching their brand with the view to increase its customer base by launching a wide variety of flavoured meat snacks in upgraded packaging. Hence rise in preference for healthy snacks among the millennials is an influential factor in forecasting the meat snacks market.
This meat snacks market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on meat snacks market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Meat Snacks Market Scope and Market Size
The meat snacks market can be segmented into product type, nature, distribution channels and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the meat snacks market is segmented into jerky, meat sticks, pickled sausage, ham sausage, pickled poultry meat and others.
- On the basis of nature, the meat snacks market is segmented into organic, and conventional.
- On the basis of application, the meat snacks market is segmented into daily use, functional use.
- On the basis of distribution channel, the meat snacks market is segmented into modern trade, convenience store, e-retailers and others.
Meat Snacks Market Country Level Analysis
The meat snacks market analyses the market size, volume information which is provided by country, product type, nature, distribution channels and application as referenced above.
The countries covered in the meat snacks market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K, France, Netherlands, Switzerland, Belgium, Russia, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, New Zealand, Vietnam, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Oman, Qatar, Kuwait, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Region wise, North America was considered to be the dominant region in global meat snacks market. The rise in rate of snack food consumption, surge in demand for convenience food products, increase in number of domestic as well as international manufacturers in the region, has all in all driven the value sales growth of the market. Products such as jerky, meat sticks are pretty popular in the region of North America and Europe. Whereas, sausages are increasingly gaining market shares in developing countries such as India and China.
The country section of the meat snacks market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Meat Snacks Market Share Analysis
The meat snacks market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to meat snacks market.
The major players covered in the meat snacks market report are Associated British Foods plc., Conagra Brands Inc., Old Wisconsin Sausage, Inc., Hormel Foods Corporation, LINK SNACKS, INC., Monogram Foods, Meat snacks Group, Nestlé, Tyson Foods, Inc., Oberto Sausage, New World Foods, Bridgford Foods Corporation, Old Wisconsin, Danish Crown, Kerry Group, Klement's Sausage Co., Inc., China Yurun Food Group Ltd., Youyou Foods, Delisi, Laiyifen, Yanker Shop, and others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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