Global Meat Snacks Market Report 2023

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Global Meat Snacks Market: By Product Type (Pickled Sausage, Ham Sausage, Jerky, Meat Sticks, Pickled Poultry Meat, and Others); By Source (Pork, Beef, Poultry); By Application (Functional Use, Daily Use);By Distribution Channel (Convenience Store, E-Retailers, Modern Trade, and Others); B

Market Overview/Outlook (2022 to 2030)

The meat snacks market was valued at USD 10.31 billion in 2022 and is projected to reach USD 18.36 billion by 2030, registering a CAGR of 7.5% for the forecast period 2023 - 2030.

Meat Snacks is one class of convenient food item. It is made of several meats, including beef, turkey, and pork. Meat is marinated in a curing solution to produce meat snacks, which are then dried to produce the desired result. This kind of processing gives meat a distinct flavor and scent. The shelf life of meat snacks is also improved and extended by the marinating process. The concentrating effects of the moisture removal process are thought to be responsible for the distinctive flavor of meat snacks.

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Market trends for meat snacks globally

Growth Drivers: In recent years, the market for meat snacks has expanded rapidly, driven by a rise in the demand for high-protein snacks brought on by rising health consciousness and busy lifestyles. The growth of the industry has also been aided by the acceptance of high-protein diets and the usefulness of portable, protein-rich snacks.

To accommodate a wide range of consumer preferences, meat snack makers have responded by diversifying their product offers, flavors, and meats. In addition, the market is anticipated to expand due to recent trends in customer desire for quick snacking options, fast urbanization, major e-commerce expansion, increased health and wellness trends, etc.

Challenges: As consumers become more health conscious and look for healthier snack options, the market for meat snacks faces challenges. In response, companies have introduced low-fat, low-sodium, and preservative-free options as well as plant-based alternatives to meat snacks in an effort to meet changing consumer preferences and maintain their growth trajectory. Other issues like fierce competition from other snack options, etc., are further market hurdles.

Key companies profiled in the meat snacks market report include Big Chief Meat Snacks Inc., Jack Link’s Beef Jerky, Nestlé USA Inc., Oberto Sausage Co Inc., Country Archer Jerky Co., Stafford Meat Company, Coppertone Foods LLC, Bridgford Foods Corporation, Meat snacks Group, and others. These companies are doing mergers and acquisitions for different research and development of the industry. This will help to grow the market.

Segmentation Analysis of the Meat Snacks Market

By Product Type

Pickled Sausage
Ham Sausage
Jerky
Meat Sticks
Pickled Poultry Meat
Others

By Source

Pork
Beef
Poultry

By Application

Functional Use
Daily Use

By Distribution Channel

Convenience Store
E-Retailers
Modern Trade
Others

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