What is the global market size of Meat Snacks Market?

Global Meat Snacks Market size was valued at USD 11437.04 million in 2021 and is poised to grow from USD 12169.01 million in 2022 to USD 19988.87 million by 2030, growing at a CAGR of 6.4% in the forecast period (2023-2030).

Meat Snacks Companies

Meat Snacks Market Competitive Landscape

Meat Snacks Market Top Player’s Company Profiles

Jack Link's
Hormel Foods Corporation
ConAgra Brands Inc.
Tyson Foods Inc.
Link Snacks Inc.
The Meat snacks Group
Golden Valley Natural, LLC
Bridgford Foods Corporation
Monogram Food Solutions LLC
Sweetwood Smoke & Co.
Country Archer Provisions
Wild West Jerky
Tillamook Country Smoker
Beef Jerky Outlet
Perky Jerky
Nature's Rancher
The Jack Link's Beef Jerky
Slim Jim
Hickory Farms
Country Bob's

Meat Snacks Market

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Global Meat Snacks Market size was valued at USD 11.54 billion in 2022 and is poised to grow from USD 12.2 billion in 2023 to USD 20.18 billion by 2031, growing at a CAGR of 6.4% during the forecast period (2024-2031).

The global meat snacks market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share. Launching a new product is one of the crucial methods to get a competitive edge in light of the market's rapid development. Along with mergers and acquisitions, expansion has become a crucial strategy for the market's players. Global companies looking to increase their market presence have found success with these strategic moves. 'Jack Link's ', 'Hormel Foods Corporation ', 'ConAgra Brands Inc. ', 'Tyson Foods Inc. ', 'Link Snacks Inc. ', 'The Meat snacks Group ', 'Golden Valley Natural, LLC ', 'Bridgford Foods Corporation ', 'Monogram Food Solutions LLC ', 'Sweetwood Smoke & Co. ', 'Country Archer Provisions ', 'Wild West Jerky ', 'Tillamook Country Smoker ', 'Beef Jerky Outlet ', 'Perky Jerky ', 'Nature's Rancher ', 'The Jack Link's Beef Jerky ', 'Slim Jim ', 'Hickory Farms ', 'Country Bob's '

Due to their high protein content, people are switching from veg snacks to meat snacks. Customers are drawn to high-quality, protein-rich beef snacks. 52% of customers are more willing to spend money on protein-rich snacks. Additionally, meat snack producers offer a variety of delectable tastes and shapes of these snacks in accordance with consumer preferences; this tactic persuades consumers to purchase meat snack goods. Adding less typical protein sources like turkey, seafood, and game meats as well as boosting the selection in the refrigerated case with power packs, bars, and deli pieces further promotes the consumption of snacks. As a result, the rising consumption of meat snacks drives market growth.

The global market for meat snack products is likely to be significantly impacted by clean label. Consumer awareness of clean label products is growing rapidly, as is consumer demand, as a result of an increase in food fraud and adulteration occurrences. Manufacturers of meat snacks are compelled to follow the clean label trend because zoonotic illnesses are a growing threat.

The North America region dominated the global meat snack market in 2021, as customers value the portability, convenience, and indulgence that savory snacks provide. In terms of beef and poultry output, the United States is at the top. The expansion of the market is accelerated by an increase in the manufacture of meat snacks. Out of the total beef produced worldwide, 20% is produced in the US, according to the U.S. Department of Agriculture (USDA). Large-scale production of beef jerkies occurs in the US, Canada, and Mexico. Additionally, the region's strong consumption of meat snacks is fostering the market expansion. For example, Statista's calculations are based on information from the U.S. Census and the Simmons National Consumer Survey (NHCS). According to this number, beef jerky and meat snacks were consumed by 128.73 million Americans in 2020. Sales of meat snacks in the United States totaled over 3.5 billion dollars in 2019.

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Meat Snacks Market Size, Share, Growth Analysis, By Product Type (Sausages, Bars), By Source (Pork, Salmon), By Flavour (Peppered, Spicy), By Nature (Conventional, Organic), By Sales Channel (HoReCa, Retail), By End User, By Region - Industry Forecast 2024-2031

Meat Snacks Market Competitive Landscape

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Meat Snacks Market Size, Share, Growth Analysis, By Product Type (Sausages, Bars), By Source (Pork, Salmon), By Flavour (Peppered, Spicy), By Nature (Conventional, Organic), By Sales Channel (HoReCa, Retail), By End User, By Region - Industry Forecast 2024-2031

Meat Snacks Market Competitive Landscape

Meat Snacks Market Report Snapshots

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