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Global Meat Snacks Market By 2021 Coherent Marketing Insight
Global Meat Snacks Market By 2021 Coherent Marketing Insight
This eventually leads to asurge in demand for specialist snacks like plant-based, dairy, and meat snacks.Meat Snacks Market are a sort of quick food product made from a varietyof meats, including beef, turkey, and pork.

In 2015, the global Meat Snacks Market wasassessed at $375 billion, with snack food consumption being highest in NorthAmerica and Europe. Some of the important reasons driving the overall expansionof the market in terms of value sales include an increase in demand forconvenience food products, a gradual rise in desire for salty snacks, and anincrease in disposable income of target customers. 

Consumers have recently replaced theirnormal meals with convenience food products due to their busy lifestyles. As aresult, there has been a surge in demand for snacking products that are high inprotein and flavour. For example, Jack Link, a major player in the worldwide MeatSnacks Market, sells beef steak strips in both original and teriyakiflavours, each with eight grammes of protein per serving. As a result, some ofthe product's primary attributes pave the way for a meat snack marketopportunity.

The snacking trend is being driven bymillennials, who seek less-processed goods with fewer salt and more naturalingredients with taste and trendy flavours. As a result, some of the world'sleading manufacturers have been planning to improve their product offers inresponse. For example, Perky Jerky announced in 2018 that it was relaunchingits brand in order to expand its client base among millennials. It developed alarge range of flavoured beef snacks in a variety of packaging options.

In 2018, the jerky sector accounted forthe highest value Meat Snacks Market share by product type. There aremany different forms of meat jerky available on the market, but beef jerky isthe most popular, accounting for roughly half of the overall market. Beef jerkywas once marketed as an inexpensive, tasty, handy, low-quality snack that couldbe found largely in convenience stores and gas stations. Some of itsdistinguishing characteristics, such as its taste and the fact that it isconsiderably more full than other snacks, make it both gratifying and enticingto customers. Some of the leading brands in this category are Duke's, Krave,Slantshack, Kings County, and House of Jerky.

By Product Type

  • Jerky
  • Sticks
  • Bars
  • Others

By Nature

  • Organic
  • Conventional

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

Jerky, pork sticks, and popcorn are some of the most popularitems in the area. Manufacturers concentrate on improving their productofferings to especially appeal to target clients as the market for meat snacksgrows. As a result, buyers have become increasingly interested in free-formmeat snack styles in recent years. Some of the prominent brands operating inthis region include Jack Link's, Old Wisconsin, Slim Jim, and Werner.

One of the primary reasons driving the worldwide Meat Snacks Market growth is the risingdemand for nutritious and convenient snacking items as a result of busylifestyles and rising disposable incomes. Furthermore, the growing popularityof premium meat snacks made from lamb, grass-fed beef, wild boar,pasture-raised deer, coho salmon, and cage-free turkey and chicken is fuellingmarket expansion. Aside from that, major brands are launching gluten-free andlow-sugar options that are free of additives and preservatives.

They're also adding herbs like rosemary, basil, curry,chipotle, kimchi, and adobo in meat snacks to introduce new flavours andincrease their customer base. There is currently a considerable increase indemand for packaged food items, such as meat snacks, due to the spread of thecoronavirus disease (COVID-19), but market expansion is being hampered byinterrupted supply chains and a lack of enough labour. However, if normalcy isrestored, the market is expected to rebound. The global Meat Snacks Market is expected todevelop at a moderate pace over the next five years, according to IMARC Group.