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Global Jerky Snacks Market to reach USD 6.93 billion by 2028.

Global Jerky Snacks Market Size study, by Product (Beef, Pork, Poultry, Others) by Distribution Channel (Online, Offline) and Regional Forecasts 2022-2028

Product Code: OIRFB-27015168
Publish Date: 12-07-2022
Page: 200

Global Jerky Snacks Market is valued approximately USD 4.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.70% over the forecast period 2022-2028. Jerky snacks are popular due to their high protein content. Consumers are shifting away from carbohydrate-rich snacks and toward more healthy snacks, notably in North America and Europe. In recent years, customers’ preferences have evolved toward nutritious snacks that include all of the ingredients. Consumers desire more information on product packaging. Non-GMO, gluten-free, low salt, no artificial ingredients, minimal processing, and no antibiotics are emerging as industry trends. Rising demand for nutrient-dense snacks, such as healthy fats, iron, and B vitamins, is driving the sector, encouraging companies to develop enriched meat snacks. Because of portable meals like jerky, sticks, and sausages, it’s a convenient option for consumers looking for nutritional meat snacks. These factors are propelling the industry forward. Beyond Meat, Inc., a plant-based meat company, and PepsiCo, Inc. announced the creation of the first plant-based jerky in their joint venture in March 2022. This stage attempts to broaden the product portfolio and boost consumer reach. Bai Capital, a private investment business, announced the acquisition of Valeo Foods Group, a European food manufacturer, in May 2021. The goal of this acquisition is to boost the company’s position and accelerate expansion. Baja Jerky collaborates with four distributors in October 2021 to improve its visibility and expansion. This collaboration intends to increase openness in product development while also broadening its customer reach. The growth of the market is partly due to the advent of e-commerce and the widespread use of smartphones, which has prompted some small and medium-sized businesses to build online platforms in order to widen their distribution channels. The online distribution channel has benefited manufacturers, particularly small businesses. Businesses target millennial clientele, one of the largest density segments, resulting in significant market adoption of the items. However, health issues such as unhealthy weight gain and the danger of heart disease restrict market expansion from 2022 to 2028.

The key regions considered for the Global Jerky Snacks Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. According to the Simmons National Consumer Survey (NHCS) and the US Census, approximately 50.0 percent of the US population, or nearly 160 million people, consume meat snacks and beef jerky on a daily basis. Jerky is one of the most popular meats appetizers in the United States. Europe’s jerky snack industry is expected to develop at the quickest rate between 2022 and 2028. The increased demand for nutritious protein-enriched snacks, as well as expanding awareness of a healthy lifestyle, are driving the growth.

Major market player included in this report are:
Old Trapper Beef Jerky
Oberto Snacks Inc.
The Hershey Company
General Mills Inc.
Chef’s Cut Real Jerky
Frito-Lay North America, Inc.
Tillamook Country Smoker
Conagra Brands, Inc.
The Meatsnacks Group.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:

By Distribution Channel:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Jerky Snacks Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Jerky Snacks Market, by Region, 2020-2028 (USD Billion)
1.2.2. Jerky Snacks Market, by Product, 2020-2028 (USD Billion)
1.2.3. Jerky Snacks Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Jerky Snacks Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Jerky Snacks Market Dynamics
3.1. Jerky Snacks Market Impact Analysis (2020-2028)
3.1.1. Market Drivers The increasing demand for high-grade protein and intriguing flavors Availability of a wide range of flavors including habanero, teriyaki, maple, pineapple
3.1.2. Market Challenges Health challenges such as unhealthy weight gain, and risk of heart disease
3.1.3. Market Opportunities Rising demand for nutrient-dense snacks, such as healthy fats, iron, and b Vitamin
Chapter 4. Global Jerky Snacks Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Jerky Snacks Market, by Product
6.1. Market Snapshot
6.2. Global Jerky Snacks Market by Product, Performance – Potential Analysis
6.3. Global Jerky Snacks Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
6.4. Jerky Snacks Market, Sub Segment Analysis
6.4.1. Beef
6.4.2. Pork
6.4.3. Poultry
6.4.4. Others
Chapter 7. Global Jerky Snacks Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Jerky Snacks Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Jerky Snacks Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Billion)
7.4. Jerky Snacks Market, Sub Segment Analysis
7.4.1. Online
7.4.2. Offline
Chapter 8. Global Jerky Snacks Market, Regional Analysis
8.1. Jerky Snacks Market, Regional Market Snapshot
8.2. North America Jerky Snacks Market
8.2.1. U.S. Jerky Snacks Market Product breakdown estimates & forecasts, 2018-2028 Distribution Channel breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Jerky Snacks Market
8.3. Europe Jerky Snacks Market Snapshot
8.3.1. U.K. Jerky Snacks Market
8.3.2. Germany Jerky Snacks Market
8.3.3. France Jerky Snacks Market
8.3.4. Spain Jerky Snacks Market
8.3.5. Italy Jerky Snacks Market
8.3.6. Rest of Europe Jerky Snacks Market
8.4. Asia-Pacific Jerky Snacks Market Snapshot
8.4.1. China Jerky Snacks Market
8.4.2. India Jerky Snacks Market
8.4.3. Japan Jerky Snacks Market
8.4.4. Australia Jerky Snacks Market
8.4.5. South Korea Jerky Snacks Market
8.4.6. Rest of Asia Pacific Jerky Snacks Market
8.5. Latin America Jerky Snacks Market Snapshot
8.5.1. Brazil Jerky Snacks Market
8.5.2. Mexico Jerky Snacks Market
8.6. Rest of The World Jerky Snacks Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. JACK LINK’S LLC. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Old Trapper Beef Jerky
9.2.3. Oberto Snacks Inc.
9.2.4. The Hershey Company
9.2.5. General Mills Inc.
9.2.6. Chef’s Cut Real Jerky
9.2.7. Frito-Lay North America, Inc.
9.2.8. Tillamook Country Smoker
9.2.9. Conagra Brands, Inc.
9.2.10. The Meatsnacks Group.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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