Meat Snacks market Growth Forecast At 9.0% Cagr During 2021 To 2028 Covid Impact And Global Analysis

Meat snacks are snacks made by marinating meat in a curing solution and drying it. Meat processed in this manner provides it with a unique flavor and increases the shelf life of meat snacks. The strong flavor of meat snacks is attributed to the concentrating effects of the moisture removal process. The manufacturing process of meat snacks involves initial meat preparation, preparation of the curing solution, meat processing and curing, and quality check and packaging. The curing solution has antimicrobial effects that prevent growth of harmful bacteria.

The addition of various flavours to meat products is a crucial driver driving the global meat snack market forward. The meat snacks market is expanding due to a growing preference for spicy, salty, and specific-flavored snacks. Manufacturers are increasingly focusing on combining flavorful meat treats like cranberry and pineapple with jalapeno, teriyaki, and habanero. As a result of the increasing introduction of new flavours like these, the meat snacks market is growing.

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Meat Snacks Market Taxonomy

On the basis of meat type, the meat snacks market is segmented into:
Chicken
Beef
Seafood
Turkey
Pork
Others

On basis of products type, the meat Snacks market segmented into:
Jerky
Ham Sausages
Meat Sticks
Pickled Sausages
Pickled Poultry Meat
Others

On the basis of flavors, the meat snacks market is segmented into:
Peppered
Original
Teriyaki
Smoked
Spicy
Hickory
Others

The market in North America holds a dominant position, due to the U.S. being a leader in production of beef and poultry. According to U.S. Department of Agriculture (USDA), the U.S. produces around 20% of meat snacks, out of world’s total production of beef. Beef Jerkies are largely produced in the U.S, Canada, and Mexico. Import of meat snacks from Canada increased from US$ 384 million in 2010 to US$ 674 million to 2014. Meat sticks is the fastest-growing product in meat snacks market in Canada. Conventional stores is the largest distribution channel in the meat snacks market in this region. Advancements in the meat processing technology and is fueling growth of the meat snacks market in this region.

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Asia Pacific is the fastest-growing region in the meat snacks market. China and India are the major growth engines in the region, owing to the growing population and increasing demand for meat products in the region. According to The Organization for Economic Co-operation and Development (OECD), China is the major producer of pork meat with around 31.3 kg/capita pork meat produced in 2016, followed by poultry and beef. India is a growing economy in the processed meat products for poultry meat. According to National Bureau of Statics of China, specialty and convenience stores are the major retail distribution channels in China, which accounts for major factors boosting growth of the meat snacks market in the region.

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