Meat Snacks Market Outlook, Demand, Price Trends, Business Strategies and Forecast 2022-2027

Meat Snacks Market Outlook, Demand, Price Trends, Business Strategies and Forecast 2022-2027

According to IMARC Group latest report titled “Meat Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on global meat snacks industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global meat snacks market reached a value of US$ 8.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2027, exhibiting a CAGR of 7.47% during 2022-2027.

Meat snacks refer to ready-to-eat (RTE) food products that are prepared using dried and dehydrated animal-derived raw materials that are widely consumed in various forms, such as shreds, slabs, strips, rinds, and nuggets. They are a good source of zinc, choline, omega-3, proteins, iron, and vitamin B12 that aid in increasing energy and maintaining a balanced diet. Their manufacturing process includes marinating meat in a curing solution, drying it, adding flavorings and seasonings and quality checking and packaging that provides increased shelf life and unique tastes.

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Market Trends:

The global market is majorly driven by the growing demand for healthy and convenient snacks among the masses. This is supported by the shifting preference for convenient food products, such as instant and convenient ready-to-eat snacks as a result of the busy and hectic lifestyles of individuals. In addition to this, the escalating consumer inclination towards salty, spicy, and specific-flavored snacks, encouraging leading manufacturers to incorporate teriyaki, habanero, and Jalapeno in meat snacks, is significantly supporting its demand on the global level. Moreover, the advent of gluten-free and low-sugar variants with no additives and preservatives is creating a positive market outlook. Some of the other factors driving the market further include improved product packaging solutions, changing dietary patterns of the masses, and inflating disposable income level of individuals.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • 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
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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