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Market Research Report

North America Meat Snacks Market to 2027 - Regional Analysis and Forecasts by Type ; Nature ; Sales ; Flavour ; Source and Country

Published by The Insight Partners Product code 916906
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North America Meat Snacks Market to 2027 - Regional Analysis and Forecasts by Type ; Nature ; Sales ; Flavour ; Source and Country
Published: October 24, 2019 Content info: 173 Pages
Description

The North America meat snacks market is accounted to US$ 3,254.2 Mn in 2018 and is expected to grow at a CAGR of 7.2% during the forecast period 2019 - 2027, to account to US$ 6,036.5 Mn by 2027. Meat snacks are defined as popular convenience snacking items that are prepared from meat products such as beef, pork turkey, and others. Different types of meat-based snack products are available such as sausages, sticks, jerky, and others. Meat snacks are considered as high sources of protein content and act as an alternative for raw and cooked meat products. The availability of the different types of flavors such as pepperoni, teriyaki, and spicy red pepper tends to attract a large consumer base. Moreover, the change in consumer lifestyle coupled with a shift in dietary patterns and working demographics has surged the demand for meat-based snack products. The growing trend towards convenience food items is further expected to boost the growth of the market.

The North America meat snacks market is bifurcated based on type into jerky, sticks, strips & bites, bars, sausages, and others. The jerky segment accounted for the largest share in the North America meat snacks market. Jerky is defined as the lean trimmed meat, which is cut into strips followed by the drying process to prevent spoilage. The demand for jerky is increasing is rising owing to consumer preference towards jerky form meat snacks. The growing demand of consumers is primarily supported by an increasing number of manufacturers procuring jerky based meat snacks. Therefore, high popularity among the consumers is boosting the demand for jerky in the North America meat snacks market.

Nowadays, consumers are becoming more health-conscious owing to the seemingly limitless access to information online. This has many positive effects for businesses looking to market the meat snack products rich in nutrients such as omega-3s, iron, and vitamin B12. Health-savvy consumers are more likely to look for precise information associated with the nutritional food products they are purchasing. An omega-3 is considered ideal for maintaining a healthy heart, and thus, the consumer prefers meat snack products enriched with omega-3. Awareness of the health advantages of omega-3 is relatively high among the population in the US, Canada, and Mexico. Increasing consumer awareness regarding health and wellness consciousness is propelling the demand for meat snack products rich in nutrients. Furthermore, factors such as consumer awareness of health issues, a greater focus on fitness, higher personal incomes, and rapid urbanization considered boosting factors for the rising demand for nutrition-rich meat snack products. This further provides a huge opportunity for the key players operating in the meat snacks market. The key producers in the market are constantly focusing on introducing meat snack products that rich in nutrition to attract a new consumer segment in developed countries. These factors are projected to boost the meats snacks market over the forecast period.

North America meat snacks market is dominated by the US, followed by Canada. The US holds the largest market share in North America meat snacks markets as snacks based on meat is considered as basic food products in the country. The production and consumption of meat snacks are increasing in the US, owing to the growing demand for healthy snacking options in population. Although consumers are becoming conscious of health and, thus, prefer protein-based snacks. The rise in disposable income of consumers is further expected to boost the growth of meat snacks market. Beef is considered as one of the most preferred types of meat consumed in the country. Consumers follow an active and healthy lifestyle and prefer peppered flavor beef jerky owing to health benefits and taste associated with it. These factors further propel the growth of meat snacks market in North America.

Some of the players present in North America meat snacks market are Bridgford Foods Corporation, Conagra Brands, Inc., Hormel Foods Corporation, Link Snacks, Inc., Monogram Food Solutions, LLC. Oberto Snacks Inc., Old Trapper Smoked Products Inc., The Hershey Company, Tyson Food Inc., and Meatsnacks Group Ltd.

The overall North America meat snacks market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America meat snacks market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America 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 North America 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.

Table of Contents
Product Code: TIPRE00007036

TABLE OF CONTENTS

1. Introduction

  • 1.1 The Insight Partners Research Report Guidance
  • 1.2 Market Segmentation
    • 1.2.1 North America Meat Snacks Market, by Type
    • 1.2.2 North America Meat Snacks Market, by Nature
    • 1.2.3 North America Meat Snacks Market, by Sales
    • 1.2.4 North America Meat Snacks Market, by Flavour
    • 1.2.5 North America Meat Snacks Market, by Source
    • 1.2.6 North America Meat Snacks Market, by Country

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. North America Meat Snacks Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
  • 4.3 Expert Opinions

5. North America Meat Snacks Market - Key Industry Dynamics

  • 5.1 Key Market Drivers
    • 5.1.1 Surge In Demand For Convenience Food Products
    • 5.1.2 Increased Demand For Healthy Meat Snacks Products
  • 5.2 Key Market Restraints
    • 5.2.1 Decreasing Consumption Of Red Meat In Developed Countries
  • 5.3 Key Market Opportunities
    • 5.3.1 Introduction Of New Flavours Of Meat Snacks
  • 5.4 Future Trends
    • 5.4.1 Growing Demand for Organic Meat Snacks Products
  • 5.5 Impact Analysis of Drivers and Restraints

6. Meat Snacks - North America Market Analysis

  • 6.1 North America Meat Snacks Market Overview
  • 6.2 North America Meat Snacks Market Forecast And Analysis

7. North America Meat Snacks Market Analysis - By Type

  • 7.1 Overview
  • 7.2 North America Meat Snacks Market Breakdown, By Type, 2018 & 2027
  • 7.3 Jerky
    • 7.3.1 Overview
    • 7.3.2 North America Jerky Revenue and Forecasts to 2027 (US$ Mn)
  • 7.4 Sticks
    • 7.4.1 Overview
    • 7.4.2 North America Sticks Revenue and Forecasts to 2027 (US$ Mn)
  • 7.5 Strips & Bites
    • 7.5.1 Overview
    • 7.5.2 North America Strips & Bites Revenue and Forecasts to 2027 (US$ Mn)
  • 7.6 Bars
    • 7.6.1 Overview
    • 7.6.2 North America Bars Revenue and Forecasts to 2027 (US$ Mn)
  • 7.7 Sausages
    • 7.7.1 Overview
    • 7.7.2 North America Sausage Revenue and Forecasts to 2027 (US$ Mn)
  • 7.8 Others
    • 7.8.1 Overview
    • 7.8.2 North America Others Revenue and Forecasts to 2027 (US$ Mn)

8. North America Meat Snacks Market Analysis - By Nature

  • 8.1 Overview
  • 8.2 North America Meat snacks Market Breakdown, By nature, 2018 & 2027
  • 8.3 Organic
    • 8.3.1 Overview
    • 8.3.2 North America Organic Meat Snacks Revenue and Forecasts to 2027 (US$ Mn)
  • 8.4 Conventional
    • 8.4.1 Overview
    • 8.4.2 North America Conventional Meat Snacks Revenue and Forecasts to 2027 (US$ Mn)

9. North America Meat Snacks Market Analysis - By sales

  • 9.1 Overview
  • 9.2 North America Meat snacks Market Breakdown, By sales, 2018 & 2027
  • 9.3 Direct
    • 9.3.1 Overview
    • 9.3.2 North America Direct Sales Revenue and Forecasts to 2027 (US$ Mn)
  • 9.4 Indirect
    • 9.4.1 Overview
    • 9.4.2 North America Conventional Indirect Sales Revenue and Forecasts to 2027 (US$ Mn)

10. North America Meat Snacks Market Analysis - Flavour

  • 10.1 Overview
  • 10.2 North America Meat snacks Market Breakdown, By Flavour, 2018 & 2027
  • 10.3 Original
    • 10.3.1 Overview
    • 10.3.2 North America Original Market Revenue and Forecasts to 2027 (US$ Mn)
  • 10.4 Pepperoni
    • 10.4.1 Overview
    • 10.4.2 North America Pepperoni Market Revenue and Forecasts to 2027 (US$ Mn)
  • 10.5 Spicy Red Pepper
    • 10.5.1 Overview
    • 10.5.2 North America Spicy Red Pepper Market Revenue and Forecasts to 2027 (US$ Mn)
  • 10.6 Others
    • 10.6.1 Overview
    • 10.6.2 North America Others Flavours Market Revenue and Forecasts to 2027 (US$ Mn)

11. North America Meat Snacks Market Analysis - By Source

  • 11.1 Overview
  • 11.2 North America Meat snacks Market Breakdown, By Source, 2018 & 2027
  • 11.3 Beef
    • 11.3.1 Overview
    • 11.3.2 North America Beef Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • 11.4 Pork
    • 11.4.1 Overview
    • 11.4.2 North America Pork Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • 11.5 Turkey
    • 11.5.1 Overview
    • 11.5.2 North America Turkey Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • 11.6 Others
    • 11.6.1 Overview
    • 11.6.2 North America Others Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)

12. North America Meat Snacks Market - Country Analysis

  • 12.1 Overview
    • 12.1.1 North America Meat Snacks Market Revenue and Forecasts To 2027
    • 12.1.2 North America Meat Snacks Market Revenue and Forecasts to 2027 (US$ MN)
    • 12.1.3 North America Meat Snacks Market Breakdown by Type
    • 12.1.4 North America Meat Snacks Market Breakdown by Nature
    • 12.1.5 North America Meat snacks Market Breakdown by Sales
    • 12.1.6 North America Meat Snacks Market Breakdown by Flavour
    • 12.1.7 North America Meat Snacks Market Breakdown by Source
    • 12.1.8 North America Meat snacks Market Breakdown, by Key Countries
      • 12.1.8.1 U.S. Meat Snacks Market Revenue and Forecasts to 2027 (US$ MN)
        • 12.1.8.1.1 US Meat Snacks Market Breakdown by Type
        • 12.1.8.1.2 US Meat Snacks Market Breakdown by Nature
        • 12.1.8.1.3 US Meat Snacks Market Breakdown by Sales
        • 12.1.8.1.4 US Meat Snacks Market Breakdown by Flavour
        • 12.1.8.1.5 US Meat Snacks Market Breakdown by Source
      • 12.1.8.2 Canada Meat Snacks Market Revenue and Forecasts to 2027 (US$ MN )
        • 12.1.8.2.1 Canada Meat Snacks Market Breakdown by Type
        • 12.1.8.2.2 Canada Meat Snacks Market Breakdown by Nature
        • 12.1.8.2.3 Canada Meat Snacks Market Breakdown by Sales
        • 12.1.8.2.4 Canada Meat Snacks Market Breakdown by Flavour
        • 12.1.8.2.5 Canada Meat Snacks Market Breakdown by Source
      • 12.1.8.3 Mexico Meat Snacks Market Revenue and Forecasts to 2027 (US$ MN )
        • 12.1.8.3.1 Mexico Meat Snacks Market Breakdown by Type
        • 12.1.8.3.2 Mexico Meat Snacks Market Breakdown by Nature
        • 12.1.8.3.3 Mexico Meat Snacks Market Breakdown by Sales
        • 12.1.8.3.4 Mexico Meat Snacks Market Breakdown by Flavour
        • 12.1.8.3.5 Mexico Meat Snacks Market Breakdown by Source

13. Industry Landscape

  • 13.1 Merger & Acquisition
  • 13.2 Others
  • 13.3 New Development
  • 13.4 Market Initiatives

14. Company Profiles

  • 14.1 Bridgford Foods Corporation
    • 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
  • 14.2 Conagra Brands, Inc.
    • 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
  • 14.3 Hormel Foods Corporation
    • 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 Link Snacks, Inc.
    • 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 Monogram Food Solutions, LLC.
    • 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 Oberto Snacks Inc.
    • 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 Old Trapper Smoked Products 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 The Hershey Company
    • 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 Tyson Foods, Inc.
    • 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
  • 14.10 Meatsnacks Group Ltd
    • 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 Glossary Of Terms

LIST OF TABLES

  • Table 1. North America Meat Snacks Market Revenue and Forecast To 2027 (US$ Mn)
  • Table 2. North America Meat Snacks Market Revenue And Forecasts To 2027 - By Type (US$ Mn)
  • Table 3. North America Meat Snacks Market Revenue And Forecasts To 2027 - By Nature (US$ Mn)
  • Table 4. North America Meat Snacks Market Revenue And Forecasts To 2027 - By Sales (US$ Mn)
  • Table 5. North America Meat Snacks Market Revenue And Forecasts To 2027 - By Flavour (US$ Mn)
  • Table 6. North America Meat Snacks Market Revenue And Forecasts To 2027 - By Source (US$ Mn)
  • Table 7. US Meat Snacks Market Revenue And Forecasts To 2027 - By Type (US$ Mn)
  • Table 8. US Meat Snacks Market Revenue And Forecasts To 2027 - By Nature (US$ Mn)
  • Table 9. US Meat Snacks Market Revenue And Forecasts To 2027 - By Sales (US$ Mn)
  • Table 10. US Meat Snacks Market Revenue And Forecasts To 2027 - By Flavour (US$ Mn)
  • Table 11. US Meat Snacks Market Revenue And Forecasts To 2027 - By Source (US$ Mn)
  • Table 12. Canada Meat Snacks Market Revenue And Forecasts To 2027 - By Type (US$ Mn)
  • Table 13. Canada Meat Snacks Market Revenue And Forecasts To 2027 - By Nature (US$ Mn)
  • Table 14. Canada Meat Snacks Market Revenue And Forecasts To 2027 - By Sales (US$ Mn)
  • Table 15. Canada Meat Snacks Market Revenue And Forecasts To 2027 - By Flavour (US$ Mn)
  • Table 16. Canada Meat Snacks Market Revenue And Forecasts To 2027 - By Source (US$ Mn)
  • Table 17. Mexico Meat Snacks Market Revenue And Forecasts To 2027 - By Type (US$ Mn)
  • Table 18. Mexico Meat Snacks Market Revenue And Forecasts To 2027 - By Nature (US$ Mn)
  • Table 19. Mexico Meat Snacks Market Revenue And Forecasts To 2027 - By Sales (US$ Mn)
  • Table 20. Mexico Meat Snacks Market Revenue And Forecasts To 2027 - By Flavour (US$ Mn)
  • Table 21. Mexico Meat Snacks Market Revenue And Forecasts To 2027 - By Source (US$ Mn)
  • Table 22. Glossary of Terms, Meat Snacks Market

LIST OF FIGURES

  • Figure 1. North America Meat Snacks Market Segmentation
  • Figure 2. Country-wise Segmentation of North America Meat Snacks Market
  • Figure 3. North America Meat Snacks Market Overview
  • Figure 4. Jerky Meat Snacks Segment To Show Remarkable Growth During Forecast Period
  • Figure 5. US Held Largest Share of Meat Snacks Market In 2018
  • Figure 6. North America Meat Snacks Market Overview
  • Figure 7. North America PEST Analysis
  • Figure 8. Meat Snacks Market Impact Analysis of Driver and Restraints
  • Figure 9. Geographic Overview of North America Meat Snacks Market
  • Figure 10. North America Meat Snacks Market Forecast And Analysis, (US$ Mn)
  • Figure 11. North America Meat Snacks Market Breakdown by Type, 2018 & 2027 (%)
  • Figure 12. North America Jerky Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 13. North America Sticks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 14. North America Strips & Bites Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 15. North America Bars Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 16. North America Sausages Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 17. North America Other Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 18. North America Meat Snacks Market Breakdown By Nature, 2018 & 2027 (%)
  • Figure 19. North America Organic Meat snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 20. North America Conventional Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 21. North America Meat snacks Market Breakdown By sales, 2018 & 2027 (%)
  • Figure 22. North America Direct Sales Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 23. North America Indirect Sales Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 24. North America Meat Snacks Market Breakdown by Flavour, 2018 & 2027 (%)
  • Figure 25. North America Original Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 26. North America Pepperoni Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 27. North America Spicy Red Pepper Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 28. North America Others Flavour Segment Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 29. North America Meat snacks Market Breakdown by Source, 2018 & 2027 (%)
  • Figure 30. North America Beef Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 31. North America Pork Meat snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 32. North America Turkey Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 33. North America Others Meat Snacks Market Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 34. North America Meat Snacks Market Revenue And Forecasts To 2027 (US$ Mn)
  • Figure 35. North America Meat Snacks Market Breakdown by Type, 2018 & 2027 (%)
  • Figure 36. North America Meat Snacks Market Breakdown by Nature, 2018 & 2027 (%)
  • Figure 37. North America Meat Snacks Market Breakdown by Sales, 2018 & 2027 (%)
  • Figure 38. North America Meat Snacks Market Breakdown by Flavour, 2018 & 2027 (%)
  • Figure 39. North America Meat Snacks Market Breakdown by Source, 2018 & 2027 (%)
  • Figure 40. North America Meat Snacks Market Breakdown by Key Countries, 2018 & 2027(%)
  • Figure 41. U.S. Meat Snacks Market Revenue And Forecasts To 2027 (US$ Mn)
  • Figure 42. Canada Meat Snacks Market Revenue And Forecasts To 2027 (US$ Mn)
  • Figure 43. Mexico Meat Snacks Market Revenue And Forecasts To 2027 (US$ Mn)
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