Meat Snacks Market Recent Trends, Latest Development, Current Market Scenario and Overview by 2026

Allied Market Research published a new report, titled, ""Meat Snacks Market by Product type, (Jerky, Sticks, Bars and Others), Nature (Organic and Conventional), and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2019–2026,".

The report provides a detailed study of the global Meat Snacks Market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent trends, changing dynamics, and vibrant forces of the industry from 2019 to 2026 to identify the underlying opportunities. The report gives much focus on the prospects that may transpire in the near future and provide a significant boost to the overall market growth.

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The meat snack business has been enduring significant rate of growth, in terms of value sales due continuous improvisations and innovations in exiting product types by key manufacturers in the global meat snacks market. As a the fastest growing snack food segment, the meat snack market has garnered a wide base of customers specifically seeking for high protein and flavored snacks. Jerky, sticks, bars, and sausages are some of the main product types gaining higher level of traction among target customers. A key trend that is shaping meat snacks category includes gourmet brands that target customers’ desire for different tastes, textures, proteins and natural brands. The millennial generation is driving this snack evolution. Small meals packed with nutrients are a reflection of their food ethos and their on-the-go lifestyle.

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.

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In recent past, consumer have replaced their regular meals with convenience food products as majority of them have a busy lifestyle. This has eventually led to increase in demand for snacking products, which are specifically rich in protein and flavor-packed. For instance, Jack Link, one of the key brands operating in the global meat snacks market, offer beef steak strips in original and teriyaki format that contain eight grams of protein per serving. Hence some of the key features offered by the product paves way for meat snacks market opportunity.

Millennials, in particular, are driving the snacking trend, and they prefer less-processed items with lower sodium and more natural ingredients with taste and trendy flavors. Hence, some of the key manufacturers in the global market have been strategizing on improvising their product offerings accordingly. For instance, in 2018, Perky Jerky announced relaunching its brand with the view to increase its customer base among millennials. It came up with a wide variety of flavored meat snacks in upgraded packaging formats. Hence rise in preference for healthy snacks among the millennial is an influential factor during meat snacks market forecast.

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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

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.

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