Meat Snacks Market Size Worth $ 14.63 Billion By 2032 | CAGR: 6.50%

Meat Snacks Market Size Worth $ 14.63 Billion By 2032 | CAGR: 6.50%


The global meat snacks market size is expected to reach USD 14.63 billion by 2032, according to a new study by Polaris Market Research. The report “Meat Snacks Market Share, Size, Trends, Industry Analysis Report, By Type (Jerky, Meat Sticks, Sausages); By Source (Beef, Chicken, Pork); By Category; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The meat snacks industry is constantly evolving and there are many innovative products and trends emerging in the market. Plant-based meat snacks are gaining popularity among consumers who are looking for alternative sources of protein. Companies like Beyond Meat and Impossible Foods have launched plant-based meat snacks, such as jerky and meat sticks, which are made from ingredients like soy, peas, and wheat protein. UnCrave is one of the plant-based, vegetarian kebabs made by Licious, in 2023. It is available in two flavors, Chick-N-Seekh & Mutt-N-Seekh. Growing innovations in the meat snacks industry will further fuel the growth of the market in coming years.

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Meat sticks are a convenient and portable snack option that can be easily carried in a pocket, purse, or backpack. They require no preparation, making them an easy snack option for people who are on the go or have busy lifestyles. According to the USDA, a small meat stick contains, on an average, 6.1 g of protein/oz. Many meat sticks are made from high-quality, grass-fed beef or other meats that are minimally processed and free from artificial ingredients. They are also high in protein, which can help to satisfy hunger and promote muscle growth and repair. As consumers continue to seek out healthy, convenient snack options, meat sticks are likely to continue to be a popular choice.

Meat Snacks Market Report Highlights

  • Jerky segment is anticipated to grow at a faster rate owing to its perceived health benefits and convenience.
  • Beef segment accounted for the largest market share owing to its popularity among consumers and high-quality protein content.
  • Flavored segment is projected to witness larger revenue share for the market owing to its variety of taste options and versatility.
  • Online segment is projected to experience a significant growth rate due to the convenience of online shopping and wider range of options.
  • APAC registered the highest growth and larger revenue share owing to the increase in the production of pork, beef in this region.
  • North America garnered the second largest market share for the market owing to growing awareness among the people on low-carb diet.
  • The global players include Jack Link's Beef Jerky, Oberto Snacks, Conagra Brands, Three Jerks Jerky, Devour Foods, Savage Jerky, Duke Cannon Supply, Old Trapper Smoked Products, Cattleman's Cut Jerky, The New Primal, CHOMPS Snack Sticks & Think Jerky.

Polaris Market Research has segmented the meat snacks market report based on type, source, category, distribution channel and region:

Meat Snacks, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Jerky
  • Meat Sticks
  • Sausages

Meat Snacks, Source Outlook (Revenue - USD Billion, 2019 - 2032)

  • Beef
  • Chicken
  • Pork

Meat Snacks, Category Outlook (Revenue - USD Billion, 2019 - 2032)

  • Plain
  • Flavored

Meat Snacks, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail

Meat Snacks, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
    • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Meat Snacks Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 8.84 billion

Revenue forecast in 2032

USD 14.63 billion

CAGR

6.50 % from 2024 - 2032

Base year

2023

Historical data

2019 - 2022

Forecast period

2024 - 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2024 to 2032

Segments covered

By Type, By Source, By Category, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Jack Link's Beef Jerky, Oberto Snacks, Conagra Brands, Tyson Foods, Bridgford Foods, Hormel Foods, Duke's Smoked Meats, Country Archer Jerky, Old Wisconsin Sausage Company, KRAVE Jerky,  Chef's Cut Real Jerky, Golden Island Jerky, Slim Jim, Perky Jerky, Krave Pure Foods, Tillamook Country Smoker, People's Choice Beef Jerky, Wild Bill's Foods, Western's Smokehouse, Vermont Smoke & Cure, Buffalo Bills Premium Snacks, Three Jerks Jerky, Devour Foods, Savage Jerky, Duke Cannon Supply, Old Trapper Smoked Products, Cattleman's Cut Jerky, The New Primal, CHOMPS Snack Sticks & Think Jerky.

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