Meat Snacks Market to rise with CAGR of 8% during the period 2019-2026 | Aggregate Insights
The market is driven by factors like changing lifestyle habits, health awareness and an increase in demand for healthier protein based snacks.
(EMAILWIRE.COM, November 12, 2019 ) Market Outlook:-
The Global Meat Snacks Market is growing with a compound annual sales growth of more than 7% in the last four years with an annual sale of 2.8 billion (USA) in 2017.
Market Dynamics:-
The market is driven by factors like changing lifestyle habits, health awareness and an increase in demand for healthier protein based snacks.Health plays a crucial role in the types of meals consumers eat. Consumers prefer the lunch which is healthy, natural and provides them the energy boost without compromising with the taste.
Meat snacks satisfy many of these requirements and have been cashing in on the trend. Meat snacks are one of the top four food items millennials purchase in convenience stores. Meat snacks have been a star performer in savory snacks, with a minimally processed image and high-protein content that serves as an appetite suppressant and energy booster.
Though the meat snacks market is on an incline; but, more consumers are also increasingly looking outside meats for their protein and Americans are eating more nuts, seeds, legumes, and other plant-based varieties. All of these choices have opened consumers’ palates, but have also put pressure on meat snack companies to appeal to that growing sense of discovery.
Market Segmentation:-
The Meat Snacks market report segments the meat snacks market By Meat type, By Flavour type, By Outlook type and By Geography.
Meat type, the market has been segmented into Beef, Pork, Poultry, Salmon, and Others. By flavor type, the market has been segmented into Original, Teriyaki, Sriracha, Peppered, Smoked and Others.
By Outlook type the segmentations are Jerky, Steaks and Strips, Bars, Sticks, Bites, Sausages, and Others. Jerky is the most popular snack in the USA and has the most significant market share among all. Within jerky, pepper is the most popular flavor category, while teriyaki has the most robust growth rate.
Geographical Trends:-
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and theMiddle East & Africa.
The US leads the North American Market of Meat Snacks. The sales of meat snacks in the US increased from 1.58 billion in 2009 to almost 2.5 billion in late 2014. Jack Link’s brand is most popular in the US; marginally ahead of Slim Jim.
View region specific data and report ………….
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Competitive Landscape:-
The major players include Meat Snacks Group, Conagra foods, Jack Link’s, Hormel foods, Oberto, Old Trapper, Tyson Foods, Inc., Bridgford Foods, Klement’s Sausage, Country Archer, and Tillamook Country Smoker.
View full report sample @https://www.datamintelligence.com/research-report/meat-snacks-market
For any enquiry about the report@https://www.datamintelligence.com/enquiry/meat-snacks-market
About Us:
DataM Intelligence was established on an elemental idea of publishing Advanced Market Research Reports with precise data points & utmost accuracy that will accelerate the decision-making in designing disruptive solutions. We monitor and analyze the market by dissecting various parameters such as market influencers, competitive intensity, innovations, trends, and emerging products.
For more information:
Sai Kiran
Sales Manager
Website: www.datamintelligence.com
The Global Meat Snacks Market is growing with a compound annual sales growth of more than 7% in the last four years with an annual sale of 2.8 billion (USA) in 2017.
Market Dynamics:-
The market is driven by factors like changing lifestyle habits, health awareness and an increase in demand for healthier protein based snacks.Health plays a crucial role in the types of meals consumers eat. Consumers prefer the lunch which is healthy, natural and provides them the energy boost without compromising with the taste.
Meat snacks satisfy many of these requirements and have been cashing in on the trend. Meat snacks are one of the top four food items millennials purchase in convenience stores. Meat snacks have been a star performer in savory snacks, with a minimally processed image and high-protein content that serves as an appetite suppressant and energy booster.
Though the meat snacks market is on an incline; but, more consumers are also increasingly looking outside meats for their protein and Americans are eating more nuts, seeds, legumes, and other plant-based varieties. All of these choices have opened consumers’ palates, but have also put pressure on meat snack companies to appeal to that growing sense of discovery.
Market Segmentation:-
The Meat Snacks market report segments the meat snacks market By Meat type, By Flavour type, By Outlook type and By Geography.
Meat type, the market has been segmented into Beef, Pork, Poultry, Salmon, and Others. By flavor type, the market has been segmented into Original, Teriyaki, Sriracha, Peppered, Smoked and Others.
By Outlook type the segmentations are Jerky, Steaks and Strips, Bars, Sticks, Bites, Sausages, and Others. Jerky is the most popular snack in the USA and has the most significant market share among all. Within jerky, pepper is the most popular flavor category, while teriyaki has the most robust growth rate.
Geographical Trends:-
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and theMiddle East & Africa.
The US leads the North American Market of Meat Snacks. The sales of meat snacks in the US increased from 1.58 billion in 2009 to almost 2.5 billion in late 2014. Jack Link’s brand is most popular in the US; marginally ahead of Slim Jim.
View region specific data and report ………….
Download free report sample @https://www.datamintelligence.com/download-sample/meat-snacks-market
Competitive Landscape:-
The major players include Meat Snacks Group, Conagra foods, Jack Link’s, Hormel foods, Oberto, Old Trapper, Tyson Foods, Inc., Bridgford Foods, Klement’s Sausage, Country Archer, and Tillamook Country Smoker.
View full report sample @https://www.datamintelligence.com/research-report/meat-snacks-market
For any enquiry about the report@https://www.datamintelligence.com/enquiry/meat-snacks-market
About Us:
DataM Intelligence was established on an elemental idea of publishing Advanced Market Research Reports with precise data points & utmost accuracy that will accelerate the decision-making in designing disruptive solutions. We monitor and analyze the market by dissecting various parameters such as market influencers, competitive intensity, innovations, trends, and emerging products.
For more information:
Sai Kiran
Sales Manager
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results