Meat Snacks Market, Size, Forecast 2025-2033, Industry Trends, Share, Growth, Insight, Impact of Inflation, Opportunity Company Analysis
Global Meat Snacks Market Size
Meat Snacks market is expected to reach US$ 16.57 billion by 2033 from US$ 9.56 billion in 2024, with a CAGR of 6.30 % from 2025 to 2033. Some of the main drivers propelling the market's expansion are the advent of meat snacks in unusual tastes, the rising desire for healthier and higher-protein snack options, and their expanding availability through online retail channels.
Meat Snacks Industry Overview
The market for meat snacks has grown significantly in recent years due to growing customer demand for handy, high-protein, and portable snack options. Meat-based goods like jerky, sticks, and meat bars have become more popular as customers' lifestyles become busier and they look for better alternatives to typical snacks. This is especially true for fitness enthusiasts and those who are health-conscious. These snacks appeal to a broad spectrum of consumers because they provide a substantial supply of protein, a crucial macronutrient that promotes muscle growth and general health. With alternatives to suit a range of palates, including spicy, sweet, and smoky variations, innovations in flavor, seasoning, and packaging have further increased the popularity of meat snacks. The rising demand for protein-focused diets, such as low-carb, keto, and paleo regimens, is consistent with the growing popularity of meat snacks.
One of the main causes propelling the expansion of the meat snacking market globally is the difficulty to achieve work-life balance, particularly among the working class and the emerging younger generation of consumers. For example: The number of co-working spaces has grown from 19,421 in 2020 to 41,975 in 2024, according to Statista.
Growth Drivers for the Meat Snacks Market
Growing Interest in High-Protein Snacks
Protein-rich diets are becoming more and more popular among consumers for a number of health reasons, such as weight loss, muscular growth, and long-lasting energy. A simple and portable source of high-quality protein, meat snacks like jerky appeal to athletes, fitness enthusiasts, and health-conscious people alike. As a result, the market prognosis for meat snacks is improving. Customers also frequently seek out high-protein snacks and classic meat products that have been reimagined with more intricate flavor combinations and formulations for a more natural product image. For example, the Cherkizovo Group introduced its new line of meat snack products in March 2021 under the Cherkizovo Premium brand. These products were divided into three categories: turkey, chicken, and pork snacks. Dried and cured pork is used to make the snacks.
Additionally, the category is being revitalized and new snacking occasions are being created by the addition of less common protein sources like turkey, seafood, and game meats as well as the expansion of product offerings like power packs, bars, and deli bites in the refrigerated section.
New Trends in Plant-Based Meat Snack Preferences
Due to ethical, environmental, and health concerns, consumers are becoming more interested in plant-based substitutes, which presents the market as a whole with significant development prospects. These snacks appeal to vegetarians, vegans, and flexitarians looking for high-protein options since they provide a meat-like feel without using ingredients produced from animals. To increase their customer base and boost sales, several top producers are now launching plant-based meat. For example, VegaBytz launched their plant-based, entirely vegan meat products in India in February 2022. The VegaBytz product range includes vegan, plant-based meat, chicken, and tuna ready-to-eat meals and curry products. Companies in the market are also concentrating on taking calculated steps to establish a solid presence in nations with a large vegetarian or vegan population. Over the course of the forecast period, this is anticipated to support the expansion of the meat snacks market.
Growing Need for Easy Snacking Choices
Because of their busy schedules and growing spending power, consumers are favoring more convenient snack options, which is good for the market as a whole. Additionally, the market is expanding due to the growing working population's need for ready-to-eat meal options, such as frozen meat snacks. Old Trapper was the third-best-selling traditional jerky brand in 2021, with meat snacks generating over US$ 2.16 billion in sales across convenience stores in the US, according to Convenience Store Products magazine.
Challenges in the Meat Snacks Market
Competition from Plant-Based Alternatives
The market for traditional meat snacks is under a serious competition from the growth of plant-based protein snacks and meat alternatives. Plant-based substitutes for meat-based snacks are becoming direct competitors due to their comparable convenience and health advantages, such as their high protein content and portability, as consumer demand for vegan, vegetarian, and flexitarian diets increases. These plant-based products appeal to people who are concerned about the environment and who shun animal products. They are frequently created from pea protein, soy, or other plant ingredients. The prospective market for traditional meat snacks is constrained by their growing availability in supermarkets, convenience stores, and internet marketplaces. This change is also indicative of a larger movement toward ethical and sustainable eating practices, which forces meat snack companies to change or risk losing customers.
Rising Raw Material Costs
An important obstacle facing the meat snack sector is the rising cost of raw materials. Profitability may be impacted by fluctuating manufacturing costs brought on by changes in the price of beef, the main ingredient. Furthermore, market volatility affects the cost of other necessary commodities including flavorings, spices, and packaging materials. These problems can be made worse by supply chain disruptions brought on by things like international pandemics, trade restrictions, or climate change-related extreme weather events, which can result in delays or shortages. Customers pay for these growing expenses, which may reduce demand if prices rise too much. Manufacturers must look for methods to increase productivity, simplify processes, and investigate substitute materials or supply sources in order to stay competitive.
The market for meat snacks is dominated by jerky products worldwide
Jerky Products is predicted to assert dominance in the worldwide meat snacks market. This is because of their comfort, portability, and extended shelf life. Protein bars enchant athletes and busy specialists for their versatility as a quick and enjoyable snack. Moreover, the numerous flavors and textures jerky gives cater to diverse tastes, further solidifying their reputation. With a growing demand for on-the-go, protein-packed options, jerky merchandise is a go-to choice for snack fans worldwide.
It is projected that traditional meat snacks will continue to be widely available worldwide
Conventional meat snacks are projected to hold the highest proportion in the market. This is due to their installed customer base and full-size availability. Despite the upward push of alternative options, conventional meat snacks preserve enduring appeal rooted in familiarity and agreement. They provide a feel of indulgence, pleasure, comfort, and a variety of flavor picks. This entrenched market presence and non-stop innovation to meet evolving customer alternatives ensure that traditional meat snacks remain dominant in the global market landscape.
Global demand for meat snacks in supermarkets and hypermarkets is increasing
Supermarkets and hypermarkets are expected to hold a sturdy foothold in the worldwide meat snacks market. This is owed to their convenience and massive product offerings. These retail giants offer numerous meat snack options, making them easily accessible to consumers. Moreover, their strategic part in city and suburban regions guarantees extensive availability. With the capacity to leverage economies of scale and implement sufficient advertising and marketing strategies, supermarkets and hypermarkets are poised to preserve their high market proportion in the meat snacks enterprise.
United States Meat Snacks Market
The market for meat snacks in the US is expanding rapidly due to rising customer demand for portable, high-protein snacks. Products like protein bars, beef sticks, and jerky are especially well-liked by athletes, busy professionals, and health-conscious consumers looking for high-protein, portable solutions. The market's growth is also fueled by the trend toward low-carb and high-protein diets, such as paleo and keto. Consumer interest has also been increased by innovations in flavors, packaging, and premium ingredients (such as organic or grass-fed meat). Furthermore, the popularity of natural and clean-label products is pushing companies to provide healthier substitutes devoid of harmful ingredients. Notwithstanding these prospects, the U.S. meat snack sector still faces obstacles like growing raw material costs, competition from plant-based snacks, and regulatory barriers.
For example, the Chomps brand introduced two new beef-based meat snack product varieties in the US in March 2023. Taco Beef and Habanero Beef, according to the business, have 100 calories, 10 grams of protein, and no added sugar.
United Kingdom Meat Snacks Market
The market for beef snacks in the UK is growing as a result of rising consumer demand for portable, high-protein, and quick snack options. pork snacks like jerky, pork sticks, and biltong are becoming more and more popular as consumers follow more health-conscious diets, such as high-protein, low-carb, and keto. Demand for natural, additive-free meat snacks has also increased as a result of consumers' growing interest in high-end, clean-label items. The market is also impacted by the move toward plant-based protein snacks as meat substitutes, as producers are expanding their product lines to accommodate both flexitarian and traditional diets. But there are still problems including growing meat costs, supply chain interruptions, and problems with regulatory compliance. In spite of this, the savory snack market in the UK still exhibits significant development potential.
The market has also grown as a result of greater fitness consciousness and a growing aversion to junk food. In order to capitalize on this trend, new players are attempting to introduce their brands in the nation. For example, in March 2024, the well-known UK-based YouTube group ""Sidemen"" partnered with New World Foods, a division of Valeo Foods Group, to introduce the ""Sides"" brand of low-calorie, high-protein beef snacks. They introduced this brand of meat snacks exclusively in 1,000 One Stops and 3,000 Tescos: Buffalo Chicken, Korean BBQ Steak Strips, and Chipotle Steak Strips.
China Meat Snacks Market
The China's market for beef snacks is expanding quickly due to shifting customer tastes and rising need for quick, high-protein snack options. Due to their portability and nutritional value, people are increasingly choosing meat-based snacks like jerky and dried meat as urbanization and hectic lifestyles increase. Demand is also being increased by the growing acceptance of Western snacking habits, particularly among younger people. Premium and flavored meat treats are also becoming more popular as disposable incomes rise. Traditional Chinese dried meat products also have an impact on the market, fusing regional preferences with contemporary advancements. However, obstacles like shifting meat costs, legal restrictions, and competition from plant-based substitutes may hinder the market's expansion in China for meat snacks.
United Arab Emirates Meat Snacks Market
The market for meat snacks in the United Arab Emirates (UAE) is growing quickly due to rising consumer demand for portable, high-protein, and easy-to-eat snack options. Meat snacks like jerky, meat sticks, and dried meats are becoming more and more popular due to factors like changing nutritional tastes, the growing urban population, and increased disposable incomes. Furthermore, demand in foodservice and retail is fueled by the UAE's thriving tourism and hospitality industries, with customers showing a growing interest in premium, high-quality meat snacks. The market is also being shaped by consumers' growing awareness of the need of eating a healthy diet and their desire for natural and clean-label products. Notwithstanding these advantages, obstacles like the supply chain's dependence on imports, the volatility of raw material prices, and competition from plant-based substitutes continue to be significant drivers of market expansion in the United Arab Emirates.
Product
1. Jerky
2. Sticks
3. Sausages
4. Others
Nature
1. Conventional
2. Organic
Distribution Channels
1. Supermarkets/Hypermarkets
2. Convenience Stores
3. Online Retail Stores
4. Others
Countries
1. North America
1.1 United States
1.2 Canada
1.3 Mexico
2. Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Spain
2.6 Switzerland
3. Asia Pacific
3.1 Japan
3.2 China
3.3 India
3.4 South Korea
3.5 Indonesia
3.6 Australia
4. South America
4.1 Brazil
4.2 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 South Africa
6. Rest of World
All the Key players have been covered from 3 Viewpoints:
• Overview
• Recent Development
• Revenue Analysis
Company Analysis:
1. Nestlé S.A.
2. Hormel Foods
3. Conagra Brands
4. Bridgford Foods
5. Hershey
6. Associated British Foods plc,
7. Tyson Foods, Inc.
8. Danish Crown
9. Kerry Group plc