Press release
Beef Jerky Market Perceive Robust Expansion by 2018-2028
Beef Jerky: IntroductionBeef Jerky is a lean meat that has very less fat content and is high in protein. The fat is trimmed off from the meat in the beef jerky, the meat is then cut into strips and then it is dried. The drying is mainly carried out by adding salt and the moisture content should be very less in the commercial sale of beef jerky as this eliminates the need for preservatives. Most of the manufacturing company add flavors to the beef jerky during the process of drying and are available in the market in a variety of flavors such as Teriyaki, Sweet BBQ, Sesame.
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The beef jerky is used as a snack food that is available in supermarkets around the world. The demand for the beef jerky in the market is high and many manufacturing companies produce it. But the production is concentrated only in specific regions of the world. But the U.S. market has the highest consumption of the beef jerky. The growth in the retail sales of the beef jerky was observed to be higher than the past years in the United States last year and it has been increasing.
Consumption of protein-food being the new trend
The focus has been shifted from that of carbohydrate-rich food to food that is rich in protein. Beef jerky is being used as a snack food that is rich in proteins. And thus there were more sales of beef jerky than that of other snacks that have carbohydrates. Also, the beef jerky is rich in nutrition that is an additional benefit. The addition of preservatives is also not required as the whole moisture content is supposed to be kept to 2% only according to the government guidelines for beef jerky. This reduces the beef jerky getting spoilt by microbial contamination even without preservatives. Also, the salt added to it is known to avoid bacterial contamination and acts as a preservative. This is thus termed as a healthy snack and is thus in high demand.
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Beef Jerky: Segmentation
The global beef jerky market has been segmented on the basis of Nature, Flavor and Distribution Channel.
On the basis of nature, the global beef jerky market has been segmented into –
Natural
Organic
On the basis of flavor, the global beef jerky market has been segmented into –
Original
Teriyaki
Peppered
Others (Sweet BBQ, Sriracha etc.)
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On the basis of distribution channel, the global beef jerky market has been segmented into –
Indirect
Supermarkets/Hypermarkets
Specialty stores
Online retailers
Beef Jerky: Key Players
Some of the leading players of the global beef jerky market are Golden Island Jerky Co., Greenport Jerky Company, Weavers Meat, Inc., Cedar Creek Beef Jerky LLC, Country Archer Jerky Co., Kershenstine Beef Jerky Inc., Werner Gourmet Meat Snacks, Inc., Link Snacks Inc., Charqui Jerky Co., Conagra Brands, Inc., The Classic Jerky Company (Pemmican Beef Jerky), Mariani Foods Pty.
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Beef Jerky: Recent Developments
Mariani Foods Pty. is an Australian company that manufactures Beef jerky. It has acquired Bare Earth, a UK dried meat products company to expand its company and sales of beef jerky across Europe.
Beef Jerky: Opportunities
Due to the increased demand for protein snacks in the world, the food products that are low fat, protein-rich and nutritionally-high are the products that have high market value. Beef jerky completes all of these criteria. Also, consumers are looking for food that is without any preservatives and is organic. The retail value of beef jerky increases if the product is organically made. The presence of no preservatives in the snack also has high market value. The health conscious people are looking for all these on the label. Such beef jerky products will be high in demand.
Also, the packaging of the products is necessary as the products will be purchased off the racks of the supermarkets or the specialty stores. Thus, a very nice looking product will be in high demand. The proper packaging will also preserve the beef jerky for a longer time.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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