Press release
Global Meat Snacks Market to Reach $11.3 Billion by 2026 with a 5.50% CAGR | AMR
According to a new report published by Allied Market Research titled, "Meat Snacks Market by Product type, Nature, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026," 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. In 2018, North America accounted for around 22.2% share of the global market.๐๐๐๐๐ฌ๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/6312
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/purchase-enquiry/6312
๐๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ ๐ฒ๐ฎ๐ ๐๐ป๐ฎ๐ฐ๐ธ๐ ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
โฃAssociated British Foods plc.
โฃConagra Brands Inc.
โฃGeneral Mills Inc.
โฃGolden Valley Natural
โฃHormel Foods Corporation
โฃJack Link's
โฃMonogram Food Solutions, LLC.
โฃMeatsnacks Group
โฃNestle S.A.
โฃTyson Foods
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐: https://www.alliedmarketresearch.com/request-for-customization/6312
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.
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).
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/0ec44a3701a15f1d380fab526cd6b482
๐๐ฒ๐ ๐๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฆ๐๐๐ฑ๐:
โฃBy product type, the bars segment is expected to register a CAGR of 6.80%.
โฃBy nature, the organic segment is expected to witness significant value sales meat snacks market growth.
โฃOn the basis of distribution channel, the offline segment accounts for a higher value meat snacks market share.
โฃRegion wise, North America is estimated to garner a higher value share.
๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฎ๐ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐๐ฒ๐ฑ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ:
๐Frozen Food Packaging Market- https://www.einpresswire.com/article/682895341/frozen-food-packaging-market-exhibits-5-03-cagr-envisioned-63-980-50-million-by-2031-chilling-growth-amr
๐Emergency Food Market- https://www.einpresswire.com/article/682905532/emergency-food-market-booms-targets-6-142-million-by-2025-global-opportunity-analysis-and-industry-forecast-amr
๐Bakery Processing Equipment Market- https://www.einpresswire.com/article/682907193/bakery-processing-equipment-market-projected-to-grow-at-6-7-cagr-reaching-18-7-billion-by-2026-amr
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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