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Meat Snack Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5980037

Meat Snack Trends and Forecast

The future of the global meat snack market looks promising with opportunities in the offline and online markets. The global meat snack market is expected to reach an estimated $23.6 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are rising consumer’s preference for on-the-go snacking products and growing popularity of grass-fed meat snacks.

Meat Snack by Segment

The study includes a forecast for the global meat snack by product type, nature, distribution channel, and region.

Meat Snack Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Jerky
  • Sticks
  • Bars
  • Others

Meat Snack Market by Nature [Shipment Analysis by Value from 2018 to 2030]:

  • Organic
  • Conventional

Meat Snack Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Offline Store
  • Online Store

Meat Snack Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Meat Snack Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies meat snack companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the meat snack companies profiled in this report include:
  • GENERAL MILLS
  • CONAGRA BRANDS
  • JACK LINK'S
  • Tyson Foods
  • HORMEL FOODS
  • Nestle
  • ASSOCIATED BRITISH FOODS
  • The Meat snacks
  • Monogram Food Solutions
  • Golden Valley Natural

Meat Snack Market Insights

The publisher forecasts that jerky is expected to witness the highest growth over the forecast period.

Within this market, offline is expected to witness the higher growth over the forecast period.

North America is expected to witness highest growth over the forecast period.

Features of the Global Meat Snack Market

  • Market Size Estimates: Meat snack market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Meat snack market size by product type, nature, distribution channel, and region in terms of value ($B).
  • Regional Analysis: Meat snack market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product types, natures, distribution channels, and regions for the meat snack market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the meat snack market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the meat snack market size?
Answer: The global meat snack market is expected to reach an estimated $23.6 billion by 2030.

Q2. What is the growth forecast for meat snack market?
Answer: The global meat snack market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the meat snack market?
Answer: The major drivers for this market are rising consumer’s preference for on-the-go snacking products and growing popularity of grass-fed meat snacks.

Q4. What are the major segments for meat snack market?
Answer: The future of the meat snack market looks promising with opportunities in the offline and online markets.

Q5. Who are the key meat snack market companies?
Answer: Some of the key meat snack companies are as follows:
  • GENERAL MILLS
  • CONAGRA BRANDS
  • JACK LINK'S
  • Tyson Foods
  • HORMEL FOODS
  • Nestle
  • ASSOCIATED BRITISH FOODS
  • The Meat snacks
  • Monogram Food Solutions
  • Golden Valley Natural
Q6. Which meat snack market segment will be the largest in future?
Answer: The publisher forecasts that jerky is expected to witness the highest growth over the forecast period.

Q7. In meat snack market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the meat snack market by product type (jerky, sticks, bars, and others), nature (organic and conventional), distribution channel (offline store and online store), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Meat Snack Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Meat Snack Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Meat Snack Market by Product Type
3.3.1: Jerky
3.3.2: Sticks
3.3.3: Bars
3.3.4: Others
3.4: Global Meat Snack Market by Nature
3.4.1: Organic
3.4.2: Conventional
3.5: Global Meat Snack Market by Distribution Channel
3.5.1: Offline store
3.5.2: Online Store
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Meat Snack Market by Region
4.2: North American Meat Snack Market
4.2.1: North American Meat Snack Market by Product Type: Jerky, Sticks, Bars, and Others
4.2.2: North American Meat Snack Market by Distribution Channel: Offline store and Online Store
4.3: European Meat Snack Market
4.3.1: European Meat Snack Market by Product Type: Jerky, Sticks, Bars, and Others
4.3.2: European Meat Snack Market by Distribution Channel: Offline store and Online Store
4.4: APAC Meat Snack Market
4.4.1: APAC Meat Snack Market by Product Type: Jerky, Sticks, Bars, and Others
4.4.2: APAC Meat Snack Market by Distribution Channel: Offline store and Online Store
4.5: ROW Meat Snack Market
4.5.1: ROW Meat Snack Market by Product Type: Jerky, Sticks, Bars, and Others
4.5.2: ROW Meat Snack Market by Distribution Channel: Offline store and Online Store
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Meat Snack Market by Product Type
6.1.2: Growth Opportunities for the Global Meat Snack Market by Nature
6.1.3: Growth Opportunities for the Global Meat Snack Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Meat Snack Market by Region
6.2: Emerging Trends in the Global Meat Snack Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Meat Snack Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Meat Snack Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: GENERAL MILLS
7.2: CONAGRA BRANDS
7.3: JACK LINK'S
7.4: Tyson Foods
7.5: HORMEL FOODS
7.6: Nestle
7.7: ASSOCIATED BRITISH FOODS
7.8: The Meat snacks
7.9: Monogram Food Solutions
7.10: Golden Valley Natural

Companies Mentioned

  • GENERAL MILLS
  • CONAGRA BRANDS
  • JACK LINK'S
  • Tyson Foods
  • HORMEL FOODS
  • Nestle
  • ASSOCIATED BRITISH FOODS
  • The Meat snacks
  • Monogram Food Solutions
  • Golden Valley Natural

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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