Pork Jerky Market By Consumption (Food at home (FAH), Food away from home (FAFH)), By Type (Spicy, Sweet, Salty, Savory), By Nature (Organic, Conventional), By Distribution Channel (HoReCa, Modern Trade, Independent Groceries and Retailers, Online Sales): Global Opportunity Analysis and Industry Forecast, 2022-2031
The global pork jerky market size was valued at $745.9 million in 2021, and is estimated to reach $1,409.1 million by 2031, registering a CAGR of 7.1% from 2022 to 2031. Pork jerky is a lean trimmed pork meat that are cut into strips and dried in order to prevent spoilage and extend its shelf-life. The rising demand for the animal protein-based snack among the health-conscious consumers is expected to boost the demand for the pork jerky owing to the high protein content of pork meat. The rising awareness regarding the health benefits of pork meat-based protein is driving the demand for the pork jerky among the consumers. Moreover, the rising health consciousness among the consumers and rising expenditure on healthy food is driving the demand for the organic pork jerky. The rising popularity of the savory snacks along with the increasing consumption of ready-to-cook food among the millennials and Gen Z population is expected to propel the market growth during the forecast period.
The growing demand for ready-to-cook and ready-to-eat food products is fostering the growth of the pork jerky market. The busy and hectic lifestyle of the working-class population makes them want to spend minimum time on cooking. This factor is playing an essential role in the pork jerky market growth across the globe. The growing penetration of foodservice industry, fast food chains, hotels, restaurants, and cafes has significantly contributed towards the growth of the pork jerky industry.
Furthermore, a significant rise in the vegan population across the globe is providing new growth prospects to the manufacturers of pork jerky. It is estimated that around 1% of the global population is vegan and this number is rising rapidly. The major plant-based meat manufacturers like Beyond Meat are providing plant-based meat jerky to the consumers, which is expected to attract vegetarian and vegan consumers. The rising popularity of plant-based pork meat jerky is anticipated to be a major restraint for the pork jerky manufacturers in the near future.
According to the pork jerky market analysis, the market is segmented based on consumption, type, nature, and distribution channel. Based on the consumption, the market is segmented into food at home (FAH) and food away from home (FAFH). Both the FAH and FAFH segments are further bifurcated based on flavor into maple, sriracha applewood, pepper, and others. The others segment includes flavors like sweet, spicy, Jalapeno, and others.
By type, it is segregated into spicy, sweet, salty, and savory. Based on its nature, the market is bifurcated into organic and conventional. Depending upon the distribution channel, the market is categorized into HoReCa (hotels, restaurants, and cafes), modern trade, independent groceries and retailers, and online sales. Region-wise, the pork jerky market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).The key players operating in the market include GoBacon Jerky, LLC., Conagra Brands, Inc., The Meat Makers, Divine Bovine Jerky, Wicked Cutz, Big Fork Brands, Meat Maniac, Premium Brands Holdings Corporation, Three Squirrels, Beyond Meat, Fragrant Jerky, Link Snacks, Inc., Tiki Hawaiian Gourmet Jerky, Organic Jerky Co., and Oberto Specialty Meats.
The key players operating in the Pork Jerky Market Analysis include- Buhler Group, Diedrich Manufacturing Inc., Genio Roasters, Giesen Pork Jerkys, Mill City Roasters, Nestle S.A., Panasonic, Roaster & Roaster, Toper, and U.S. Roaster Corp.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pork jerky market analysis from 2021 to 2031 to identify the prevailing pork jerky market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the pork jerky market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global pork jerky market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeSpicy
Sweet
Salty
Savory
By ConsumptionFood at home (FAH)
Flavor
Maple
Sriracha
Applewood
Pepper
Others
Food away from home (FAFH)
Flavor
Maple
Sriracha
Applewood
Pepper
Others
By Distribution ChannelHoReCa
Modern Trade
Independent Groceries and Retailers
Online Sales
By NatureOrganic
Conventional
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Russia
Spain
Rest Of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Viet Nam
Rest Of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Colombia
Chile
Rest Of LAMEA
Key Market Players
The Meat Makers
Conagra Brands, Inc.
Beyond Meat
GoBacon Jerky, LLC
Big Fork Brands
Wicked Cutz
Link Snacks, Inc.
Meat Maniac
Fragrant Jerky (USA) Singapore-Style Fire-Grilled Jerky
Premium Brands Holdings Corporation
Three Squirrels Co., Ltd.
Divine Bovine Jerky
Tiki Hawaiian Gourmet Jerky
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