Global Meat Snacks Market Segmented by Type, Distribution Channel, Meat Type & Geography - Analysis & Forecasts 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Meat Snacks Market - Segmented by Type, Distribution Channel, Meat Type and Geography (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global meat snack market is expected to register a CAGR of 9% during the forecast period, 2018 to 2023.

North America accounted for the major share of the market globally during 2016 and is expected to grow at a CAGR of approximately 7% between 2018 and 2023. US is the largest market in this region due to higher consumption of meat snacks owing to its convenience. The high protein content in the product acts as an appetite suppressor and energy booster, which are driving the growth of meat snack market. Jerky consumption is high among the developed markets, Beef jerky sales in the US grew by nearly 7% in 2017. However, the high adoption rate of these products, since a decade, and new marketing strategies adopted by players such as Jack Link's and Slim Jim are driving the sales by targeting the Millennial with new packing models and exotic flavors.

Though the dried meat snacks are traditionally consumed, the sales have declined due to various reasons; however, new marketing strategies such as the introduction of new flavors, innovative packaging, impressive offers or discounts, partnerships and franchise have revived the sales and the market is growing at a good rate. For instance, Pepsi has come up with an exclusive promotional offer of 50% discount on jerky, with the purchase of a set of soda packs. C-stores are dealing in partnerships with car dealers and expanding their business units.

Companies Mentioned

  • ConAgra
  • Hormel Foods
  • Jack Link's
  • King Elite Snacks
  • Marfood USA
  • Meatsnacks Group
  • Bridgford Foods
  • Duke's Smoked Meats
  • Golden Valley Natural
  • Kepak Group
  • Kerry Group
  • Klements
  • Marfood USA
  • Monogram Foods
  • Nestle USA
  • Oberto Sausage

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Market Overview

4. Market Segmentation

5. Competitive Landscape

6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/zs8twf/global_meat?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
Related Topics: Savory Snacks

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Savory Snacks