Meat Snacks Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Source, Category, and Distribution Channel

List of Tables

The meat snacks market size is expected to grow from US$ 12,169.01 million in 2022 to US$ 17,680.68 million by 2028; it is expected to grow at a CAGR of 6.4% from 2022 to 2028.

Meat snacks are made with beef, chicken, pork, fish, lamb, or other meats. Consumers are highly concerned about product quality and ingredients used. They are increasingly preferring organic, all natural, and additive-free products. Therefore, manufacturers are launching certified organic products free of synthetic flavors, colors, additives, and genetically modified organisms. For instance, Applegate, a wholly-owned subsidiary of Hormel Foods, launched 'The Great Organic Blend Burger'. The burger is made by blending meat with mushrooms. It is made with 100% organic grass-fed beef, organic turkey, mushrooms, and rosemary extracts, which makes it nutritious and flavorful. Moreover, Organic Valley, a US-based co-operative, offers USDA-(United States Department of Agriculture) certified organic beef sticks and sausages made with 100% grass-fed beef. These products are free of artificial color, flavors, preservatives, and genetically modified organisms (GMOs). Launch of such products are expected to significantly drive the meat snacks market growth in the coming years.

Based on distribution channel, the meat snacks market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment accounted for the largest share of the meat snacks market in 2021 whereas the online retail segment is projected to account for the highest CAGR from 2022 to 2028. Supermarkets and hypermarkets are large retail establishments which offer a wide range of groceries, foodstuffs, beverages, and other household goods. Products from various brands are available at reasonable prices in these stores, allowing shoppers to find the right product quickly. Moreover, these stores offer attractive discounts, multiple payment options, and a pleasant customer experience. Supermarkets and hypermarkets focus on maximizing product sales to increase their profit margins. Manufacturers of meat snacks usually prefer to sell their products through supermarkets & hypermarkets owing to the high footfall received by these stores. Increasing urbanization, rising working-class population, and competitive pricing boost the popularity of supermarkets & hypermarkets in developed and developing regions. Moreover, such stores have modern storage facilities that ensure ideal storage conditions for meat snacks. The rising sales of meat snacks through supermarkets and hypermarkets is driving the market growth.

By region, the meat snacks market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2021, North America held the majority of meat snacks market share; however, Asia Pacific is estimated to register the fastest CAGR from 2022 to 2028. The rising population, rapid urbanization, and changing consumption habits of people are supporting the growth of meat snacks market across Asia Pacific. According to Asia Research and Engagement (ARE), Pakistan, Vietnam, and Thailand are the prominent beef-consuming countries in Asia Pacific. This factor provides significant growth opportunities to the beef-based meat snacks manufacturers across the region. However, due to religious sentiments associated with beef consumption in India, the demand for poultry meat is increasing which is driving the chicken and poultry-based meat snacks market.

The key players operating in the meat snacks market include Tyson Foods Inc, Bridgford Foods Corporation, General Mills Inc, Werner Gourmet Meat Snacks, Premium Brands, Hormel Foods Corporation, Conagra Brands Inc, Link Snacks Inc, Country Archer Provisions, and Organic Valley among others. These players are engaged in developing affordable and innovative products to meet the rising customer demands and expand their market shares.

The overall meat snacks market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the meat snacks market.

Reasons to Buy:

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global meat snacks market, thereby allowing players to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Product Code: TIPRE00007053

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Sourceulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:

4. Meat Snacks Market Landscape

4.1 Market Overview
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis

5. Meat Snacks Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Demand for High Protein-Snacks
- 5.1.2 Surging Popularity of Chicken-Based Meat Snacks
- 5.1.3 Strategic Developments by Key Market players
5.2 Market Restraints
- 5.2.1 Increasing Vegan Population
5.3 Market Opportunities
- 5.3.1 Rising Popularity of Clean-Label and Organic Meat Snacks
5.4 Future Trends
- 5.4.1 Advent of Lab-Grown/ Cultured Meat
5.5 Impact Analysis of Drivers and Restraints

6. Meat Snacks - Global Market Analysis

6.1 Meat Snacks Market Overview
6.2 Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning - Key Market Players

7. Meat Snacks Market Analysis - By Type

7.1 Overview
7.2 Meat Snacks Market, By Type (2021 and 2028)
7.3 Jerky
- 7.3.1 Overview
- 7.3.2 Jerky: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Meat Sticks
- 7.4.1 Overview
- 7.4.2 Meat Sticks: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Sausages
- 7.5.1 Overview
- 7.5.2 Sausages: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)

8. Meat Snacks Market Analysis - By Source

8.1 Overview
8.2 Meat Snacks Market, By Source (2021 and 2028)
8.3 Beef
- 8.3.1 Overview
- 8.3.2 Beef: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Chicken
- 8.4.1 Overview
- 8.4.2 Chicken: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Pork
- 8.4.1 Overview
- 8.4.2 Pork: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
- 8.4.1 Overview
- 8.4.2 Others: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)

9. Meat Snacks Market Analysis - By Category

9.1 Overview
9.2 Meat Snacks Market, By Category (2021 and 2029)
9.3 Plain
- 9.3.1 Overview
- 9.3.2 Plain: Meat Snacks Market- Revenue and Forecast to 2029 (US$ Million)
9.4 Flavored
- 9.4.1 Overview
- 9.4.2 Flavored: Meat Snacks Market- Revenue and Forecast to 2029 (US$ Million)

10. Meat Snacks Market Analysis - By Distribution Channel

10.1 Overview
10.2 Meat Snacks Market, By Distribution Channel (2021 and 2029)
10.3 Supermarkets and Hypermarkets
- 10.3.1 Overview
- 10.3.2 Supermarkets and Hypermarkets: Meat Snacks Market- Revenue and Forecast to 2029 (US$ Million)
10.4 Convenience Stores
- 10.4.1 Overview
- 10.4.2 Convenience Stores: Meat Snacks Market- Revenue and Forecast to 2029 (US$ Million)
10.5 Online Retail
- 10.5.1 Overview
- 10.5.2 Online Retail: Meat Snacks Market- Revenue and Forecast to 2029 (US$ Million)
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others: Meat Snacks Market- Revenue and Forecast to 2029 (US$ Million)

11. Meat Snacks Market - Geographic Analysis

11.1 Overview
11.2 North America: Meat Snacks Market
- 11.2.1 North America: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
- 11.2.2 North America: Meat Snacks Market, By Type
- 11.2.3 North America: Meat Snacks Market, By Source
- 11.2.4 North America: Meat Snacks Market, by Category
- 11.2.5 North America: Meat Snacks Market, by Distribution Channel
- 11.2.6 North America: Meat Snacks Market, by Key Country
  - 11.2.6.1 US: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.2.6.1.1 US: Meat Snacks Market, By Type
    - 11.2.6.1.2 US: Meat Snacks Market, By Source
    - 11.2.6.1.3 US: Meat Snacks Market, by Category
    - 11.2.6.1.4 US: Meat Snacks Market, by Distribution Channel
  - 11.2.6.2 Canada: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.2.6.2.1 Canada: Meat Snacks Market, By Type
    - 11.2.6.2.2 Canada: Meat Snacks Market, By Source
    - 11.2.6.2.3 Canada: Meat Snacks Market, by Category
    - 11.2.6.2.4 Canada: Meat Snacks Market, by Distribution Channel
  - 11.2.6.3 Mexico: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.2.6.3.1 Mexico: Meat Snacks Market, By Type
    - 11.2.6.3.2 Mexico: Meat Snacks Market, By Source
    - 11.2.6.3.3 Mexico: Meat Snacks Market, by Category
    - 11.2.6.2.4 Mexico: Meat Snacks Market, by Distribution Channel
11.3 Europe: Meat Snacks Market
- 11.3.1 Europe: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
- 11.3.2 Europe: Meat Snacks Market, By Type
- 11.3.3 Europe: Meat Snacks Market, by Source
- 11.3.4 Europe: Meat Snacks Market, by Category
- 11.3.5 Europe: Meat Snacks Market, by Distribution Channel
- 11.3.6 Europe: Meat Snacks Market, by Key Country
  - 11.3.6.1 Germany: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.3.6.1.1 Germany: Meat Snacks Market, By Type
    - 11.3.6.1.2 Germany: Meat Snacks Market, by Source
    - 11.3.6.1.3 Germany: Meat Snacks Market, by Category
    - 11.3.6.1.4 Germany: Meat Snacks Market, by Distribution Channel
  - 11.3.6.2 France: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.3.6.2.1 France: Meat Snacks Market, By Type
    - 11.3.6.2.2 France: Meat Snacks Market, by Source
    - 11.3.6.2.3 France: Meat Snacks Market, by Category
    - 11.3.6.2.4 France: Meat Snacks Market, by Distribution Channel
  - 11.3.6.3 UK: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.3.6.3.1 UK: Meat Snacks Market, By Type
    - 11.3.6.3.2 UK: Meat Snacks Market, by Source
    - 11.3.6.3.3 UK: Meat Snacks Market, by Category
    - 11.3.6.3.4 UK: Meat Snacks Market, by Distribution Channel
  - 11.3.6.4 Italy: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.3.6.4.1 Italy: Meat Snacks Market, By Type
    - 11.3.6.4.2 Italy: Meat Snacks Market, by Source
    - 11.3.6.4.3 Italy: Meat Snacks Market, by Category
    - 11.3.6.4.4 Italy: Meat Snacks Market, by Distribution Channel
  - 11.3.6.5 Russia: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.3.6.5.1 Russia: Meat Snacks Market, By Type
    - 11.3.6.5.2 Russia: Meat Snacks Market, by Source
    - 11.3.6.5.3 Russia: Meat Snacks Market, by Category
    - 11.3.6.5.4 Russia: Meat Snacks Market, by Distribution Channel
  - 11.3.6.6 Rest of Europe: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.3.6.6.1 Rest of Europe: Meat Snacks Market, By Type
    - 11.3.6.6.2 Rest of Europe: Meat Snacks Market, by Source
    - 11.3.6.6.3 Rest of Europe: Meat Snacks Market, by Category
    - 11.3.6.6.4 Rest of Europe: Meat Snacks Market, by Distribution Channel
11.4 Asia Pacific: Meat Snacks Market
- 11.4.1 Asia Pacific: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
- 11.4.2 Asia Pacific: Meat Snacks Market, By Type
- 11.4.3 Asia Pacific: Meat Snacks Market, by Source
- 11.4.4 Asia Pacific: Meat Snacks Market, by Category
- 11.4.5 Asia Pacific: Meat Snacks Market, by Distribution Channel
- 11.4.6 Asia Pacific: Meat Snacks Market, by Key Country
  - 11.4.4.1 China: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.4.4.1.1 China: Meat Snacks Market, By Type
    - 11.4.4.1.2 China: Meat Snacks Market, by Source
    - 11.4.4.1.3 China: Meat Snacks Market, by Category
    - 11.4.4.1.4 China: Meat Snacks Market, by Distribution Channel
  - 11.4.4.2 Japan: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.4.4.2.1 Japan: Meat Snacks Market, By Type
    - 11.4.4.2.2 Japan: Meat Snacks Market, by Source
    - 11.4.4.2.3 Japan: Meat Snacks Market, by Category
    - 11.4.4.2.4 Japan: Meat Snacks Market, by Distribution Channel
  - 11.4.4.3 India: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.4.4.3.1 India: Meat Snacks Market, By Type
    - 11.4.4.3.2 India: Meat Snacks Market, by Source
    - 11.4.4.3.3 India: Meat Snacks Market, by Category
    - 11.4.4.3.4 India: Meat Snacks Market, by Distribution Channel
  - 11.4.4.4 Australia: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.4.4.4.1 Australia: Meat Snacks Market, By Type
    - 11.4.4.4.2 Australia: Meat Snacks Market, by Source
    - 11.4.4.4.3 Australia: Meat Snacks Market, by Category
    - 11.4.4.4.4 Australia: Meat Snacks Market, by Distribution Channel
  - 11.4.4.5 South Korea: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.4.4.5.1 South Korea: Meat Snacks Market, By Type
    - 11.4.4.5.2 South Korea: Meat Snacks Market, by Source
    - 11.4.4.5.3 South Korea: Meat Snacks Market, by Category
    - 11.4.4.5.4 South Korea: Meat Snacks Market, by Distribution Channel
  - 11.4.4.6 Rest of Asia Pacific: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.4.4.6.1 Rest of Asia Pacific: Meat Snacks Market, By Type
    - 11.4.4.6.2 Rest of Asia Pacific: Meat Snacks Market, by Source
    - 11.4.4.6.3 Rest of Asia Pacific: Meat Snacks Market, by Category
    - 11.4.4.6.4 Rest of Asia Pacific: Meat Snacks Market, by Distribution Channel
11.5 Middle East & Africa: Meat Snacks Market
- 11.5.1 Middle East & Africa: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
- 11.5.2 Middle East & Africa: Meat Snacks Market, By Type
- 11.5.3 Middle East & Africa: Meat Snacks Market, by Source
- 11.5.4 Middle East & Africa: Meat Snacks Market, by Category
- 11.5.5 Middle East & Africa: Meat Snacks Market, by Distribution Channel
- 11.5.6 Middle East & Africa: Meat Snacks Market, by Key Country
  - 11.5.4.1 South Africa: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.5.4.1.1 South Africa: Meat Snacks Market, By Type
    - 11.5.4.1.2 South Africa: Meat Snacks Market, by Source
    - 11.5.4.1.3 South Africa: Meat Snacks Market, by Category
    - 11.5.4.1.4 South Africa: Meat Snacks Market, by Distribution Channel
  - 11.5.4.2 Saudi Arabia: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.5.4.2.1 Saudi Arabia: Meat Snacks Market, By Type
    - 11.5.4.2.2 Saudi Arabia: Meat Snacks Market, by Source
    - 11.5.4.2.3 Saudi Arabia: Meat Snacks Market, by Category
    - 11.5.4.2.4 Saudi Arabia: Meat Snacks Market, by Distribution Channel
  - 11.5.4.3 UAE: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.5.4.3.1 UAE: Meat Snacks Market, By Type
    - 11.5.4.3.2 UAE: Meat Snacks Market, by Source
    - 11.5.4.3.3 UAE: Meat Snacks Market, by Category
    - 11.5.4.3.4 UAE: Meat Snacks Market, by Distribution Channel
  - 11.5.4.4 Rest of MEA: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
    - 11.5.4.4.1 Rest of MEA: Meat Snacks Market, By Type
    - 11.5.4.4.2 Rest of MEA: Meat Snacks Market, by Source
    - 11.5.4.4.3 Rest of MEA: Meat Snacks Market, by Category
    - 11.5.4.4.4 Rest of MEA: Meat Snacks Market, by Distribution Channel
11.6 South & Central America: Meat Snacks Market
- 11.6.1 South & Central America: Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
- 11.6.2 South & Central America: Meat Snacks Market, By Type
- 11.6.3 South & Central America: Meat Snacks Market, by Source
- 11.6.4 South & Central America: Meat Snacks Market, by Category
- 11.6.5 South & Central America: Meat Snacks Market, by Distribution Channel
- 11.6.6 South & Central America: Meat Snacks Market, by Key Country
  - 11.6.4.1 Brazil: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.6.4.1.1 Brazil: Meat Snacks Market, By Type
    - 11.6.4.1.2 Brazil: Meat Snacks Market, by Source
    - 11.6.4.1.3 Brazil: Meat Snacks Market, by Category
    - 11.6.4.1.4 Brazil: Meat Snacks Market, by Distribution Channel
  - 11.6.4.2 Argentina: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.6.4.2.1 Argentina: Meat Snacks Market, By Type
    - 11.6.4.2.2 Argentina: Meat Snacks Market, by Source
    - 11.6.4.2.3 Argentina: Meat Snacks Market, by Category
    - 11.6.4.2.4 Argentina: Meat Snacks Market, by Distribution Channel
  - 11.6.4.3 Rest of South & Central America: Meat Snacks Market - Revenue and Forecast to 2028 (US$ Million)
    - 11.6.4.3.1 Rest of South & Central America: Meat Snacks Market, By Type
    - 11.6.4.3.2 Rest of South & Central America: Meat Snacks Market, by Source
    - 11.6.4.3.3 Rest of South & Central America: Meat Snacks Market, by Category
    - 11.6.4.3.4 Rest of South & Central America: Meat Snacks Market, by Distribution Channel

12. Industry Landscape

12.1 Overview
12.2 Business Planning and Strategy
12.3 Expansion & Collaboration
12.4 Product News

13. Impact of COVID-19 Pandemic on Global Meat Snacks Market

13.1 Impact of COVID-19 on Meat Snacks Market
13.2 North America: Impact Assessment of COVID-19 Pandemic
13.3 Europe Impact Assessment of COVID-19 Pandemic
13.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
13.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
13.6 South & Central America: Impact Assessment of COVID-19 Pandemic

14. Company Profiles

14.1 Tyson Foods, Inc.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Bridgford Foods Corporation
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 General Mills Inc.
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Werner Gourmet Meat Snacks
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Premium Brands
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Hormel Foods Corporation
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Coangra Brands, Inc.
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Link Snacks, Inc.
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Country Archer Provisions
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Organic Valley
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners
15.2 Word Index