North America Meat Snacks Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Jerky, Meat Sticks, Sausages, and Others), Source (Beef, Chicken, Pork, and Others), Category (Plain and Flavored), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

TIPRE00007036 | Pages: 173 | Food and Beverages | Dec 2022 | Type: Regional | Status: Published

The meat snacks market in North America is expected to grow from US$ 4,618.65 million in 2022 to US$ 6,459.45 million by 2028. It is estimated to grow at a CAGR of 5.7% from 2022 to 2028.

Surging Popularity of Chicken-Based Meat Snacks

Most of the meat-based snacks available in the market are made from beef and pork. However, with increased health and wellness concerns, people are opting for leaner sources of animal protein. The consumption of beef, pork, lamb, and other meat containing high saturated fats increase blood cholesterol levels, which would eventually promote risk factors for heart diseases, obesity, and high blood pressure. Therefore, consumers are increasingly preferring chicken-based meat products to fulfil the protein requirements while keeping the calorie count in control. Moreover, beef, lamb, and pork account for majority of carbon footprints among all meat sources.  The conscious consumers are preferring chicken as it accounts for around 90% less carbon emissions than beef, lamb, and pork meat. This has created a massive demand for chicken-based snacks across the region. With the rising demand for chicken-based meat snacks, producers are launching newer products to appeal to a large chunk of consumers. In May 2021, Brave Good Kind, a US-based brand of meat snacks, launched tender chicken bars in three flavors, Original, Teriyaki, and Hot Honey. Since, the product is made using antibiotic-free chicken, it is gaining popularity among health-conscious consumers. Similarly, in October 2020, Foster Farms launched high-protein chicken snacks in five flavors—Chile Verde, Cajun, Korean BBQ, Parmesan Garlic, and Caribbean Jerk. Thus, the immense traction of such flavored meat products is triggering the meat snacks market growth.

Market Overview

North America is one of the prominent regions for the meat snacks market due to the increasing consumption of healthy and protein-rich food, including meat-based products. The region has also been a desirable market for meat snack producers, as there is a huge presence of consumers leading hectic lifestyles seeking processed ready-to-eat food products such as meat-based meals, soups, and snacks. Further, the growing consumer preference for leaner meat options, such as poultry meat, due to changing dietary patterns of consumers boosts the demand for chicken-based meat snacks in the region. Also, the US is one of the world’s largest exporters of poultry meat. The North America meat snacks market growth is attributed to the factors such as a rise in the demand for high-protein snacks, increasing spending on healthy and nutritious food products, and rapid urbanization. Several major players such as Tyson Foods, Inc.; Bridgford Foods Corporation; and General Mills Inc. are operating in the North America meat snacks market. Further, the key producers in the market are constantly focusing on introducing meat snack products with low-fat and protein-rich content to meet the health concerns of consumers. For instance, in September 2019, Werner Gourmet Meat Snacks, the US-based beef jerky and meat snack manufacturer, launched a new product in the meat snack category with a zero-sugar jerky made with grass-fed beef. The company offered meat snack bags in three flavors—original, salt & pepper, and unsweetened teriyakis style. The products are formulated with zero sugar, zero carbs, and 18 grams of protein per serving. Hence, the launch of innovative and nutrition-rich new products by the key players is expected to boost the demand for meat snacks among North American consumers, thereby driving the market growth.

North America Meat Snacks Market Revenue and Forecast to 2028 (US$ Million)

North America Meat Snacks Market Revenue and Forecast to 2028 (US$ Million)

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North America Meat Snacks Market Segmentation

The North America meat snacks market is segmented into type, source, category, distribution channel, and country. Based on type, the market is segmented into jerky, meat sticks, sausages, and others. The jerky segment registered the largest market share in 2022.

  • Based on source, the North America meat snacks market is segmented into beef, chicken, pork, and others. The beef segment registered the largest market share in 2022.
  • Based on category, the North America meat snacks market is segmented into plain and flavored. The flavored segment registered the larger market share in 2022.
  • Based on distribution channel, the North America meat snacks market is segmented into supermarkets and hypermarkets, convenience store, online retail, and others. The supermarkets and hypermarkets segment registered the largest market share in 2022.
  • Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

Bridgford Foods Corporation; Conagra Brands, Inc.; Country Archer Provisions; General Mills Inc.; Hormel Foods Corporation; Link Snacks Inc.; Organic Valley; Premium Brands; Tyson Foods Inc.; and Werner Gourmet Meat Snacks are the leading companies operating in the meat snacks market in the region.

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 Formulation:

3.2.4        Macro-economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

4.           North America Meat Snacks Market Overview

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.2.1        The Bargaining Power of Suppliers

4.2.2        Bargaining Power of Buyers

4.2.3        Threat of New Entrants

4.2.4        Intensity of Competitive Rivalry

4.2.5        Threat of Substitutes

4.3         Expert Opinion

4.4         Ecosystem Analysis

5.           North America 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

5.2         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 – North America Market Analysis

6.1         North America Meat Snacks Market –Revenue and Forecast to 2028 (US$ Million)

7.           North America Meat Snacks Market Analysis – By Type

7.1         Overview

7.2         North America 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.           North America 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

8.5.1        Overview

8.5.2        Pork: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

9.           North America Meat Snacks Market Analysis – By Category

9.1         Overview

9.2         Meat Snacks Market, By Category (2021 and 2028)

9.3         Plain

9.3.1        Overview

9.3.2        Plain: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Flavored

9.4.1        Overview

9.4.2        Flavored: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

10.        North America Meat Snacks Market Analysis – By Distribution Channel

10.1      Overview

10.2      Meat Snacks Market, By Distribution Channel (2021 and 2028)

10.3      Supermarkets and Hypermarkets

10.3.1     Overview

10.3.2     Supermarkets and Hypermarkets: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Convenience Stores

10.4.1     Overview

10.4.2     Convenience Stores: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Online Retail

10.5.1     Overview

10.5.2     Online Retail: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Others

10.6.1     Overview

10.6.2     Others: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

11.        North America Meat Snacks Market – Country Analysis

11.1      Overview

11.1.1     North America: Meat Snacks Market, by Key Country

11.1.1.1       US: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       US: Meat Snacks Market, By Type

11.1.1.1.2       US: Meat Snacks Market, by Source

11.1.1.1.3       US: Meat Snacks Market, by Category

11.1.1.1.4       US: Meat Snacks Market, by Distribution Channel

11.1.1.2       Canada: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Canada: Meat Snacks Market, By Type

11.1.1.2.2       Canada: Meat Snacks Market, by Source

11.1.1.2.3       Canada: Meat Snacks Market, By Category

11.1.1.2.4       Canada: Meat Snacks Market, by Distribution Channel

11.1.1.3       Mexico: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Mexico: Meat Snacks Market, By Type

11.1.1.3.2       Mexico: Meat Snacks Market, by Source

11.1.1.3.3       Mexico: Meat Snacks Market, By Category

11.1.1.3.4       Mexico: Meat Snacks Market, by Distribution Channel

12.        Industry Landscape

12.1      Overview

12.2      New Product Development

12.3      Merger and Acquisition

13.        Company Profiles

13.1      Tyson Foods Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Bridgford Foods Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      General Mills Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Werner Gourmet Meat Snacks

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Premium Brands

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Hormel Foods Corporation

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Conagra Brands, Inc.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Link Snacks Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Country Archer Provisions

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Organic Valley

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 

 

LIST OF TABLES

Table 1.             North America Meat Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             US Meat Snacks Market, Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 5.             US Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Canada Meat Snacks Market, Category – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Canada Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Mexico Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Mexico Meat Snacks Market, Category – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Mexico Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           North America Meat Snacks Market Segmentation

Figure 2.           North America Meat Snacks Market Segmentation – By Country

Figure 3.           North America Meat Snacks Market Overview

Figure 4.           North America Meat Snacks Market: By Type

Figure 5.           North America Meat Snacks Market: By Country

Figure 6.           Porter's Five Forces Analysis: Meat Snacks Market

Figure 7.           Expert Opinion

Figure 8.           Ecosystem: Meat Snacks Market

Figure 9.           North America Meat Snacks Market Impact Analysis of Drivers and Restraints

Figure 10.        North America: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America Meat Snacks Market Revenue Share, By Type (2021 and 2028)

Figure 12.        Jerky: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.        Meat Sticks: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        Sausages: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.        Others: North America Meat Snacks Market– Revenue and Forecast To 2028 (US$ Million)

Figure 16.        North America Meat Snacks Market Revenue Share, By Source (2021 and 2028)

Figure 17.        Beef: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.        Chicken: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 19.        Pork: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 20.        Others: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.        North America Meat Snacks Market Revenue Share, By Category (2021 and 2028)

Figure 22.        Plain: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23.        Flavored: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 24.        North America Meat Snacks Market Revenue Share, By Distribution Channel (2021 and 2028)

Figure 25.        Supermarkets and Hypermarkets: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 26.        Convenience Stores: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 27.        Online Retail: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 28.        Others: North America Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)

Figure 29.        North America Ice Cream Market, by Key Country – Revenue (2021) (US$ Million)

Figure 30.        North America: Meat Snacks Market Revenue Share, by Key Country (2021 and 2028)

Figure 31.        US: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Canada: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.          Mexico: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

  1. Bridgford Foods Corporation
  2. Conagra Brands, Inc.
  3. Country Archer Provisions
  4. General Mills Inc.
  5. Hormel Foods Corporation
  6. Link Snacks Inc.
  7. Organic Valley
  8. Premium Brands
  9. Tyson Foods Inc.
  10. Werner Gourmet Meat Snacks
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America meat snacks market.       
  • 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 across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the meat snacks market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  

 

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