Meat Snacks

Meat Snacks Market by Product (Bars, Bites, Jerky), Meat Type (Beef, Chicken, Pork), Distribution Channel, End-Use - Global Forecast 2024-2030

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[192 Pages Report] The Meat Snacks Market size was estimated at USD 17.08 billion in 2023 and expected to reach USD 18.17 billion in 2024, at a CAGR 6.49% to reach USD 26.54 billion by 2030.

Meat Snacks Market
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Meat snacks refer to convenient food products that are processed with different meat raw materials and are offered to consumers in ready-to-eat formats. They are made of several types of meat, including beef, turkey, and pork. Such snacks are rich in the nutrient vitamin B12, proteins, and elements such as iron and niacin. The rising health consciousness and growing awareness about protein consumption, coupled with the availability of meat snack options through e-commerce platforms, have led to a surge in demand for meat snacks. Meat snacks and animal meat are rich in essential amino acids and non-essential amino acids, making them a favorable choice for consumers aiming to increase daily protein intake. Consumer preference for convenience and home-delivered food alternatives is rapidly increasing, causing a surge in demand for ready-to-eat meat snacks. However, the rising number of product recalls and growing incidences of allergies and health alerts raise concerns about the consumption of meat snacks among those prone to allergy attacks. Additionally, stringent food packaging requirements and concerns about the presence of genetically modified material in meat products impede the consumption of meat products. To tackle regulatory concerns, major stakeholders are investing in improving the quality assurance procedures and ensuring adherence to regulatory guidelines. Additionally, integration of AI and advancements in food technology to improve food quality are increasing rapidly. Such innovations aim to increase the shelf life of products and improve compliance with regulations through the adoption of better quality control strategies.

Meat Snacks Market - Global Forecast 2024-2030
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Product: Demand for convenience and easily available food driving the consumption of jerky

Jerky refers to meat that has been lean, trimmed, cut into strips, and dehydrated to prevent spoilage. Jerky is nutritionally rich in protein, vitamins, and minerals, including zinc, iron, phosphorus, vitamin B12, and folate. Sticks and strips refer to long pieces and are usually made from pork or beef. Meat strips are usually made using ingredients similar to those used in producing jerky. Bites and bars refer to small parts or blocks of meat consumed as a part of a snack and are often low in calories.

Meat type: Growing consumption of chicken-based snacks across the world

Beef-snacks refers to meat obtained from bovines and cattle, including cows, bulls, steers, heifers, and ox. Beef-based snacks act as a good snack that is low calorie, rich in protein, and a good source of vitamins and minerals such as zinc, iron, Vitamin B12, and choline. Pork-based meat options refer to the flesh of pigs, wine, and boars that is served fresh or in salted form. It is a rich source of selenium and zinc and vitamins B6 and B12, which are considered essential for the proper and adequate functioning of the immune system. Chicken meat snack is the most common type of poultry food in the world and refers to meat or flesh obtained from the chicken bird. Chicken-based snacks contain the amino acid tryptophan, which has been implicated in brain functioning. Turkey meat snack refers to the meat obtained from domesticated or wild turkeys. Turkey meat snacks act as a good source of B-complex vitamins niacin, B6, and B12 and the essential nutrient choline.

Distribution Channel: Emergence of e-commerce and online platforms driving consumption of meat snacks

The availability of meat snacks, including beef jerky, chicken meat snacks, and pork meat, is rapidly advancing. Discounted prices and coupons for loyal customers improve the purchase of meat snacks through online channels. Supermarkets and, convenience stores, specialty stores are increasing their offerings of ready-to-meat snacks and convenience foods. Meat snacks have become available in fridges and ambient aisles in retail outlets, and some stores have installed dedicated end-cap displays of meat snack products.

End-Use: Work-from home conditions necessitating provision of easy and convenient meat snack options

Stay-at-home residents and working professionals operating from home consume meat snack options due to the enhanced convenience offered. The growing utilization of online platforms that deliver food in less time has led to rising consumption of ready-to-eat snacks among employees working from home. In recent years, the rising number of commercial and office spaces that offer in-house food options for employees has led to a surge in demand for quick, easy and convenient food options.

Regional Insights

The meat snacks market in the Americas is rapidly expanding, driven by the efforts of major manufacturers to produce next-generation meat snacks. This increase can be attributed to the presence of robust food-processing and storage strategies, which have expanded the shelf life and taste of food products. Established brands in the USA are constantly innovating their range of food products that improve customer involvement and satisfaction with the brand. Constantly evolving research activities in the meat snacks manufacturing industry sector coupled with utilization of AI to create novel meat snack options based on consumer preferences have boosted the industry. Additionally, rising awareness about the health benefits of protein consumption, the demand for meat foods is growing in European nations, including UK, France, and Germany. The presence of gluten-free and nut-free alternatives has also driven consumption among consumers with food allergies and intolerance. Meat snacks are largely utilized by frequent travelers in countries including China, South Korea and India. The growing presence of e-commerce companies and distribution channels has led to a surge in meat consumption among the youth. To cater to the diverse taste and flavor preferences of citizens, manufacturers offer meat snacks based on local cuisine to promote brand loyalty and customer satisfaction.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Meat Snacks Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Meat Snacks Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Ovation Foods Launches New Steak-N-Eggs Beef Strip Snacks with Premium Lean Beef and ONE Whole Egg in Each Serving

    Ovation Foods introduced STEAK-N-EGGS, a new ready-to-eat beef meat snack that is rich in protein and packed with essential nutrients. This nutrient-dense snack is convenient and delicious and supports brain health by providing important nutrients that contribute to cognitive function. [Published On: 2023-09-29]

  • Food Pro AUA Buys Western Smokehouse

    AUA Private Equity acquired Western Smokehouse Partners from Monogram Capital Partners and Charis Consumer Partners, a company that specializes in contract manufacturing of smoked meat snacks, offering a wide range of options, including organic, non-GMO, plant-based, and free-range products. This strategic move led to the establishment of a research & development center and significant investments in production capabilities. [Published On: 2023-03-31]

  • Snacks maker Wyandot Snacks secures new investment

    Astara Capital Partners, LLC made a significant investment in Wyandot Snacks, a contract manufacturer of snacks, cereals, and better-for-you foods. This investment provides Wyandot Snacks with the advantage of access to operational, strategic, and financial resources offered by Astara. [Published On: 2023-01-19]

Key Company Profiles

The report delves into recent significant developments in the Meat Snacks Market, highlighting leading vendors and their innovative profiles. These include Ayoba, Brooklyn Biltong, Conagra Brands, Inc., Country Archer Provisions, General Mills Inc., Hormel Foods Corporation, Jack Link's, LLC, Kepak Group Limited, Mountain America Jerky, New World Foods Europe by Valeo Foods Group, Old Trapper Smoked Products, Inc., PepsiCo, Inc., Perky Jerky, LLC, Premium Brands Holdings Corporation, Smokehouse Products., Sonomo Brands Capital, Tanka Bar by Native American Natural Foods, The New Primal, Three Jerks, Tillamook Country Smoker, Tyson Foods, Inc., Wenzel's Farm, LLC., and Wild Zora Foods, LLC.

Market Segmentation & Coverage

This research report categorizes the Meat Snacks Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Bars
    • Bites
    • Jerky
    • Sticks
    • Strips
  • Meat Type
    • Beef
    • Chicken
    • Pork
    • Turkey
  • Distribution Channel
    • Offline
    • Online
  • End-Use
    • Commercial
    • Residential

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Meat Snacks Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Meat Snacks Market?
  3. What are the technology trends and regulatory frameworks in the Meat Snacks Market?
  4. What is the market share of the leading vendors in the Meat Snacks Market?
  5. Which modes and strategic moves are suitable for entering the Meat Snacks Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Meat Snacks Market, by Product
  7. Meat Snacks Market, by Meat Type
  8. Meat Snacks Market, by Distribution Channel
  9. Meat Snacks Market, by End-Use
  10. Americas Meat Snacks Market
  11. Asia-Pacific Meat Snacks Market
  12. Europe, Middle East & Africa Meat Snacks Market
  13. Competitive Landscape
  14. Competitive Portfolio
  15. List of Figures [Total: 24]
  16. List of Tables [Total: 378]
  17. List of Companies Mentioned [Total: 23]
Behind the Rising Popularity of Meat Snacks in E-commerce Platforms
October 6, 2023
BLOG
Behind the Rising Popularity of Meat Snacks in E-commerce Platforms
Meat snacks are becoming an increasingly popular choice for consumers today. People are rapidly shifting their preferences from traditional snacks to meat snack options. The versatility and convenience of meat snack consumption are reasons they are in massive demand. Consumers can enjoy their favorite meat snacks anytime, anywhere. This trend has led to a substantial increase in the popularity of meat snacks, and it is becoming a crucial part of people's daily lives. This blog explores the reasons behind the increasing demand for meat snacks and how eCommerce platforms play a crucial role in making meat snacks more accessible.

Health Benefits of Meat Snacks:

Meat snacks are not just delicious, but they also offer several health benefits. Meat snacks are usually high in protein, which is necessary for muscle building and overall body health. They are also low in carbohydrates, which makes them an ideal snack option for Weight Watchers. Some meat snacks, like beef jerky, are also low in fat and calories, which makes them a healthier alternative to other snacks.

The Convenience of Meat Snacks:

Meat snacks are incredibly convenient to consume. They are available in a wide variety of packaging, and one can carry them anywhere they go. This convenience factor adds to the popularity of meat snacks, as consumers can eat them on the go or at their desks while working. They do not require any preparation time, making them a great snack for busy lifestyles.

Increased Availability of Meat Snacks Through E-commerce Platforms:

The availability of meat snacks through eCommerce platforms has played a potential role in their increasing popularity. Nowadays, people prefer online shopping due to the convenience it offers. The option of having meat snacks delivered to one's doorstep has made it easier for consumers to access them. With a few clicks, consumers can now order their favorite meat snacks from online stores, and they will be delivered straight to their homes. This increased accessibility has contributed to the rising demand for meat snacks.

The Variety of Meat Snacks:

Another reason behind the popularity of meat snacks is the wide variety of options available in the market. A consumer can choose from a range of meat snacks, including beef, chicken, pork, and turkey jerky. Each type has a unique taste and texture. Manufacturers are also introducing new flavors and packaging options to attract consumers. This variety of meat snacks keeps the consumers coming back for more and helps increase their popularity.

Increased Awareness:

Meat snack manufacturers are stepping up their marketing efforts to increase awareness of their products. They are creating enticing adverts and packaging designs to make their products stand out. This increased awareness makes it easier for consumers to identify with specific brands and makes the consumption of meat snacks a more desirable option. Marketing campaigns through various digital platforms have a vital role in creating consumer awareness.

The rising popularity of meat snacks has become the new norm worldwide. The convenience, health benefits, availability, variety, and increased awareness are the primary reasons for this increase in demand. With the emergence of eCommerce platforms, meat snacks have become more accessible, and this is expected to drive demand further. As more people turn to meat snacks, manufacturers will continue to innovate and develop new flavors, packaging, and marketing strategies to keep consumers interested. The future looks bright for the meat snacks market, and we can expect to see even more growth in the coming years.

Frequently Asked Questions
  1. How big is the Meat Snacks Market?
    Ans. The Global Meat Snacks Market size was estimated at USD 17.08 billion in 2023 and expected to reach USD 18.17 billion in 2024.
  2. What is the Meat Snacks Market growth?
    Ans. The Global Meat Snacks Market to grow USD 26.54 billion by 2030, at a CAGR of 6.49%
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