In-depth analysis of the COVID-19 impact on the Meat Snacks Market
The meat snacks market size was valued at $7.4 billion in 2018 and is expected to reach $11.3 billion by 2026, registering a CAGR of 5.50% from 2019 to 2026.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/6312
The global snacks market was valued at $375 billion in 2015 with North America and Europe witnessing highest rate for snack food consumption. Increase in demand for convenience food products, gradual rise in preference for salty snacks, and increase in disposable income of target customers are some of the key factors behind the overall growth of the market, in terms of value sales. This eventually triggers demand for specialty snacks such as plant-based snacks, dairy snacks, and meat snacks. Meat snacks are a type of convenient food products that are processed with different meat products such as beef, turkey, and pork. Hence rise in demand for specialty snacks products eventually drive the global meat snacks market growth.
Although plant-derived protein has been making headlines, demand for protein in general is on the rise, including animal-derived proteins. Once considered a particularly North American snack, jerky has gained popularity in Europe as well, after the Jack Link's brand entered the market in 2014, drawing attention of European snack manufacturers. Innovative new products, such as sausage crisps and traditional meat snacks from other regions, such as South African biltong, have since boosted the meat snacks. Hence rise in demand for jerky in European region is an influential meat snacks market trend.
Over past couple of years, the global meat snacks market has evolved, in terms of its product offerings, which specifically caters to varying needs and requirements of health-conscious customers. For instance, Jack Link's, one of the key players in the global meat snacks market announced that it would be launching its new line of beef flavored bars for the North America market in the year 2020.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6312
The global meat snacks market analysis is segmented on the basis of product type, nature, distribution channel, and region. By product type, it is classified into jerky, sticks, bars, and others. By nature, it is bifurcated into organic and conventional. By distribution channel, it is divided into online and offline. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, Spain, the UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, the UAE, and rest of LAMEA).
Key Findings of the Study:
By product type, the bars segment is expected to register a CAGR of 6.80%.
By nature, the organic segment is expected to witness significant value sales meat snacks market growth
On the basis of distribution channel, the offline segment accounts for a higher value meat snacks market share.
Region wise, North America is estimated to garner a higher value share.
Key players profiled in the global Meat snacks industry include Associated British Foods plc., Conagra Brands Inc., General Mills Inc., Golden Valley Natural, Hormel Foods Corporation, Jack Link's, Monogram Food Solutions, LLC., Meatsnacks Group, Nestle S.A., Tyson Foods, and others.
Access Full Report at: https://www.alliedmarketresearch.com/meat-snacks-market-A05947
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release In-depth analysis of the COVID-19 impact on the Meat Snacks Market here
News-ID: 2016771 • Views: 461
More Releases from Allied Market Research
Industrial Hearables Market Forecasts (2021-2027) Segmentation By Top Manufactur …
Allied Market Research published a new report of industrial hearables market has grown rapidly over the past few years. Digital transformation projects across verticals witnessed huge uptake and are also expected to contribute further in the near future. industrial hearables market gains popularity in various industries including IT & telecom, BFSI, and healthcare, owing to its supreme benefits such as high-speed random access of data and low power consumption. These insights
Power Electronics for Electric Vehicle Market Size, Share, Industry Analysis, Tr …
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘Power Electronics for Electric Vehicle Market By Application (Inverter, Converter, and On-board Charger) and End Use (Automotive, Railways, Marine, and Electrically Powered Airborne Vehicles): Global Opportunity Analysis and Industry Forecast, 2019–2026’. “The power electronics for electric vehicle market size was valued at $2.59 billion in 2018, and is projected to reach $30.01 billion by 2026, growing at a CAGR of 35.5%
Surge Protection Devices Market Size, Share, Growth Analysis and Forecast by 202 …
Analyzing the current situation of pandemic, Allied Market Research has published a report titled, “Surge Protection Devices Market by Product (Plug-in Devices, Hardwired Devices, Line Cord Devices, and Power Control Center) and Application (Residential, Commercial, and Industrial) – Global Opportunity Analysis and Industry Forecast, 2014-2022”. Digital transformation projects across verticals witnessed huge uptake and are also expected to contribute further in the near future. surge protection devices market gains popularity in
Beyond Recycling And Reusing: Current State And Future Of Waste Management
According to Allied Market Research, the global waste management market is estimated to reach $2,339.8 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027. Increase in the amount of waste generated, the rise in urban population, and the rise in environmental awareness are the prime factors of the growth of the market. Get Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/423 The current state of waste management Over the last couple
More Releases for Meat
Meat Snacks Market
2019-2025 Meat Snacks Market Report with Depth Analysis Global Meat Snacks Market report covers the current scenario (with the base year being 2018) and the growth prospects of the global market for 2019-2025. The report presents a comprehensive overview, market size, shares, and growth opportunities of Meat Snacks market by product type, application, key manufacturers and key regions. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/296717 Scope of the Report: Furthermore, Meat Snacks Market report discusses the key drivers influencing market growth, opportunities, the
Meat Processing Equipment Market- Staggering demand for meat products 2025
Global Meat Processing Equipment Market: Snapshot Changing food preferences, lifestyles, tastes, and habits of the global population have bolstered the growth of the market for meat processing equipment. Developing economies such as China and India have been exhibiting enormous demand for meat over the last few decades. Industrialization, growing urbanization, Western influence on the food habits of Eastern consumers, and the growing disposable incomes of people have offset the growth of
Processed Poultry Meat Market, Future Analysis By Type(Chicken Meat, Turkey Meat …
The production and consumption of meat has considerably increased worldwide over the years. Poultry meat has a higher demand among consumers, as it is less expensive compared to other meat products. Processed poultry meat is derived from the processing and treatment of raw poultry meat to prolong its shelf life and to enhance its taste. These processes includes use of chemical preservatives such as sodium nitrite. Processed poultry has gained
US Meat Market 2017-2025
IndexBox has just published a new report "U.S. Meat Processed From Carcasses Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-meat-processed-from-carcasses-market-analysis-and-forecast-to-2020/ ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering • Already work
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
Meat in Brazil 2017
ReportsWorldwide has announced the addition of a new report title Meat in Brazil 2017 to its growing collection of premium market research reports. Meat in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for