Global Meat Snacks Market - 2023-2030

Global Meat Snacks Market - 2023-2030


The Global Meat Snacks Market size reached US$ 13.5 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 22 billion by 2030. The market is growing at a CAGR of 6.3% during the forecast period 2023-2030.

The demand for convenient and wholesome snacking options is on the rise, as is the popularity of diets high in protein among consumers and these factors are primarily responsible for the industry's rapid growth. Due to its high protein content and delicious flavour, beef is the most frequently used meat, making up the majority of the meat snack market.

Several big and little companies are competing for market share in the meat snacks industry, which is very competitive. To draw customers and gain a competitive edge, major players in the meat snacks industry are concentrating on product innovation, new flavours and packaging designs.

Market Dynamics

The Rising Popularity of Protein-rich Diets Among Consumers Drives the Market Growth

The popularity of protein-rich diets among consumers is a significant driver of the meat snacks market. The demand for meat snacks is also driven by their convenience and portability. The increasing popularity of low-carb and ketogenic diets has also contributed to the growth of the meat snacks market.

Meat snacks are often perceived as a healthier alternative to traditional snacks such as chips and candy. To meet the rising global demand for meat snacks, manufacturers are increasing their production capacity.

For instance, in April 2022, Jack Link's, one of the most well-known meat snack companies in the U.S., committed U.S.$ 450 million to the construction of a new manufacturing facility in Georgia.

New Technological Advances Drive the Market Growth

There is a large global consumption of meat snacks. In the U.S., two-thirds of adults admit to regularly eating between-meal snacks, and numerous cutting-edge methods are employed in the production of meat snacks to meet the growing consumer demand. Technology development contributes to a decrease in the amount of time needed to produce snacks and an increase in production rate, which fuels the meat snacks market's expansion.

COVID-19 Impact Analysis

COVID-19 has led to changes in consumer behaviour, with more people staying at home and cooking their meals. This has led to a decline in demand for convenience foods, including meat snacks, as people are increasingly cooking their meals from scratch. However, the increased demand for packaged and processed foods, including meat snacks, has partially offset this decline.

Artificial Intelligence Impact Analysis

Artificial Intelligence (AI) can have a significant impact on the production of meat snacks by helping manufacturers optimize their processes. Machine learning algorithms can analyze data from sensors and other sources to identify patterns and optimize production parameters. This can result in higher efficiency, reduced waste and better quality control. AI can also improve the quality control of meat snacks by detecting defects and inconsistencies in real-time.

Segment Analysis

The global meat snacks market is segmented based on meat type, flavour type, product type and region.

Increased Demand for High Protein and Easy Accessibility Meat Products

The beef segment dominated the meat snacks market in 2022. Beef jerky is the most widely used product on the market. Due to its high protein content and inclusion of essential components, it has grown in popularity in the meat snack market. To meet the rising global demand for beef snacks, manufacturers are increasing their production capacity and launching new products.

For instance, on 20 April 2023, Aleph Farms, a provider of food technology, unveiled the Aleph Cuts brand's first item, the Petite Steak. The non-modified Angus cow cells used to create the cultured meat were approved by the appropriate authorities and it is expected to be introduced in Singapore and Israel this year. In addition to ribeye steaks and collagen, the company also offers petite steaks as part of its cultivated product line.

Ggeographical Analysis

Increased Consumption of Meat Products

The preference of consumers for the portability, convenience and indulgence that savoury snacks offer led to the North American region dominating the global market for meat snacks in 2021. The U.S. produces more beef and poultry than any other country.

An increase in the production of meat snacks hastens the market's expansion. According to the U.S. Department of Agriculture (USDA), 20% of the world's beef production takes place in the U.S. In the U.S., Canada and Mexico, beef jerkies are produced on a large scale.

Competitive Landscape

The major global meat snacks market players include Meat Snacks Group, Jack Link’s Beef Jerky, Conagra Brands, Hormel Foods, Oberto, Old Trapper, Tyson Foods, Inc., Bridgford Foods, Klement’s Sausage and Country Archer.

Why Purchase the Report?
• To visualize the global meat snacks market segmentation based on meat type, flavour type, product type and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of meat snacks market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Meat Snacks Market Report Would Provide Approximately 61 Tables, 62 Figures and 123 Pages.

Target Audience 2023
• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Meal Type
3.2. Snippet by Flavour Type
3.3. Snippet by Product Type
3.4. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing demand for convenient and healthy snacking options drives the market growth
4.1.2. Restraints
4.1.2.1. Increasing awareness of excessive meat consumption hampers the market growth
4.1.3. Opportunity
4.1.3.1. Increasing trends in eating meat snacks drive the market growth
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID-19
6.1.2. Scenario During COVID-19
6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During the Pandemic
6.5. Manufacturers’ Strategic Initiatives
6.6. Conclusion
7. By Meat Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Meat Type
7.1.2. Market Attractiveness Index, By Meat Type
7.2. Beef*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Poultry
7.4. Pork
7.5. Seafood
7.6. Others
8. By Flavour Type
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavour Type
8.1.2. Market Attractiveness Index, By Flavour Type
8.2. Original*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Teriyaki
8.4. Peppered
8.5. BBQ
8.6. Others
9. By Product Type
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
9.1.2. Market Attractiveness Index, By Product Type
9.2. Jerky*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Steaks and Strips
9.4. Bars
9.5. Sticks
9.6. Others
10. By Region
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.1.2. Market Attractiveness Index, By Region
10.2. North America
10.2.1. Introduction
10.2.2. Key Region-Specific Dynamics
10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Meat Type
10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavour Type
10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.2.6.1. The U.S.
10.2.6.2. Canada
10.2.6.3. Mexico
10.3. Europe
10.3.1. Introduction
10.3.2. Key Region-Specific Dynamics
10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Meat Type
10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavour Type
10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.3.6.1. Germany
10.3.6.2. The UK
10.3.6.3. France
10.3.6.4. Italy
10.3.6.5. Spain
10.3.6.6. Rest of Europe
10.4. South America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Meat Type
10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavour Type
10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. Brazil
10.4.6.2. Argentina
10.4.6.3. Rest of South America
10.5. Asia-Pacific
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Meat Type
10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavour Type
10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. China
10.5.6.2. India
10.5.6.3. Japan
10.5.6.4. Australia
10.5.6.5. Rest of Asia-Pacific
10.6. Middle East and Africa
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Meat Type
10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Flavour Type
10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. Company Profiles
12.1. Meat Snacks Group*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. Jack Link’s Beef Jerky
12.3. Conagra Brands
12.4. Hormel foods
12.5. Oberto
12.6. Old Trapper
12.7. Tyson Foods, Inc.
12.8. Bridgford Foods
12.9. Klement’s Sausage
12.10. Country Archer
LIST NOT EXHAUSTIVE
13. Appendix
13.1. About Us and Services
13.2. Contact Us

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