Jerky Snacks Market Size, Share, Growth Analysis, By Type(Beef, Pork, Poultry, Others), By Packaging Type(Stand Up Pouch, Flat Bottom Pouch, Others), By End User(Residential, Commercial), By Distribution Channel(Online, Offline (Hypermarkets/ Supermarkets, Specialty Stores, Convenience Stores), By Region(North America, Europe, Asia-Pacific, Latin America), By Region - Industry Forecast 2024-2031

Global Jerky Snacks Market size was valued at USD 5.44 billion in 2022 and is poised to grow from USD 5.84 billion in 2023 to USD 9.72  billion by 2031, growing at a CAGR of 6.70% in the forecast period (2024-2031).

Jerky snacks are popular due to their high protein content. Consumers are shifting away from carbohydrate-rich snacks and toward more nutritional snacks, particularly in North America and Europe. In recent years, consumers' preferences have shifted toward healthy snacks that list all of the ingredients. Consumers prefer more information on product packaging. Non-GMO, gluten-free, low sodium, no artificial ingredients, minimal processing, and no antibiotics are among the emerging industry trends.

Snacking has recently become more popular among consumers than sit-down meals. The growing dietary trend of shifting away from carbohydrates and toward protein is expected to lead to consumers eating more meat than chips in the near future. Furthermore, the availability of a diverse range of flavors such as habanero, teriyaki, maple, pineapple, sriracha, barbecue, pepper, and sweet cherry has enticed customers.

The rise of e-commerce and the widespread use of smartphones has also contributed to jerky snacks market expansion, prompting several small and medium-sized businesses to develop online platforms in order to broaden their distribution channels. The online distribution channel has benefited manufacturers, particularly small businesses. Businesses target millennial clients, one of the highest density categories, resulting in high market adoption of the products.

US Jerky Snacks Market is poised to grow at a sustainable CAGR for the next forecast year.