Market Overview:
The global beef jerky snacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers across the globe. Beef jerky snacks are convenient and healthy snack options that can be consumed on-the-go, making them popular among busy consumers. Additionally, manufacturers are focusing on innovating new flavors and packaging formats to attract consumers. The global beef jerky snacks market is segmented by type into original flavored, spicy, and others. The original flavored segment is expected to dominate the market during the forecast period owing to its high demand among consumers worldwide. The spicy segment is projected to grow at a higher CAGR due its growing popularity among health-conscious individuals as well as millennials who prefer bolder flavors in their food products. By application, the global beef jerky snacks market is divided into convenience stores, supermarket/hypermarket, online retail stores, and others (including specialty stores). Among these applications, convenience stores held majority share of the overall market in 2017 owing to rising trend of on-the-go snacking coupled with increasing number of standalone convenience store outlets globally.
Product Definition:
Beef jerky snacks are a type of dried meat that is popular in many parts of the world. It is made from beef, pork, or venison and can be eaten as a snack or used in recipes.
Original Flavored:
The global beef jerky snacks market is expected to witness significant growth over the forecast period. The growing demand for healthy and convenient food products with a flavor of meat is expected to drive the industry. Beef Jerky has been identified as one of the most consumed meat in North America, which will further help in driving its demand over the next seven years.
Beef jerky or simply jerkey is a dried cut made from brisket or round that has been smoked.
Spicy:
Spicy is a flavor that stimulates the appetite and increases metabolism. Spices have been used for thousands of years in food products, beverages, oils, and even medicine. The modern spice rack has expanded to include not only dried spices but also whole seeds & pods along with extracts & blends which can be added to taste or preference.
Application Insights:
Convenience stores were the largest application segment in 2017 and accounted for more than 55% of the global market share. Beef jerky snacks are very popular among working professionals as they offer quick energy fixings that help to maintain normal body functions. The growing convenience store industry is expected to remain a key driving factor for this market over the forecast period.
The online retail stores segment is projected to witness significant growth over the forecast period owing to rising e-commerce penetration in countries such as China, India, Australia and New Zealand. In addition, companies such as Amazon are increasingly focusing on offering their customers access to a wider variety of products through their online store platforms which will further boost demand for beef jerky snacks over the next few years.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand for beef jerky snacks from U.S. and Canada, which are among the top consumers of meat snacks in this region. Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% over the forecast period on account of increasing product consumption in countries like China, India, Japan and Australia among others due to growing population coupled with rising disposable income levels will remain a favorable factor for industry growth over next few years.
Europe is also expected to witness significant growth soon as major manufacturers including JBF France; Buitoni Italy; and Pedigree Ltd.
Growth Factors:
- Increasing demand for healthy snacks: The global beef jerky snacks market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing demand for healthy and nutritious snacks. Beef jerky is a high-protein, low-carbohydrate snack that is considered as a healthier alternative to other processed foods.
- Rising popularity of convenience foods: Convenience foods are becoming increasingly popular among consumers due to their easy availability and portability. Beef jerky snacks are an ideal choice for on-the-go consumption and can be easily carried in bags or pockets.
- Growing trend of snacking: The global snacking market is projected to grow at a CAGR of 6% during the forecast period owing to changing lifestyles and growing urbanization across the world. Consumers are increasingly preferring convenient, ready-to-eat snack options over traditional meals, which has led to the growth of the beef jerky snacks market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Beef Jerky Snacks Market Research Report
By Type
Original Flavored, Spicy, Others
By Application
Convenience Stores, Supermarket/hypermarket, Online Retail Stores, Others
By Companies
Jack Link's Beef Jerky, Country Archer Jerky Co., Devour Foods, Dollar General, Old Trapper, JerkyXP, Wild Bill's Food, Marks & Spencer, Liang Pin Pu Zi, Bai Cao Wei, Ke Er Qin, Lai Yi Fen, Life Fun, Niu Tou Pai, Shan Wei Ge, Yan Jin Pu Zi, Lao Si Chuan, Three Squirrels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Beef Jerky Snacks Market Report Segments:
The global Beef Jerky Snacks market is segmented on the basis of:
Types
Original Flavored, Spicy, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Convenience Stores, Supermarket/hypermarket, Online Retail Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jack Link's Beef Jerky
- Country Archer Jerky Co.
- Devour Foods
- Dollar General
- Old Trapper
- JerkyXP
- Wild Bill's Food
- Marks & Spencer
- Liang Pin Pu Zi
- Bai Cao Wei
- Ke Er Qin
- Lai Yi Fen
- Life Fun
- Niu Tou Pai
- Shan Wei Ge
- Yan Jin Pu Zi
- Lao Si Chuan
- Three Squirrels
Highlights of The Beef Jerky Snacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Original Flavored
- Spicy
- Others
- By Application:
- Convenience Stores
- Supermarket/hypermarket
- Online Retail Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beef Jerky Snacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beef jerky snacks are a type of snack that is made from beef. They are usually dried and have a slightly salty taste.
Some of the major companies in the beef jerky snacks market are Jack Link's Beef Jerky, Country Archer Jerky Co., Devour Foods, Dollar General, Old Trapper, JerkyXP, Wild Bill's Food, Marks & Spencer, Liang Pin Pu Zi, Bai Cao Wei, Ke Er Qin, Lai Yi Fen, Life Fun, Niu Tou Pai, Shan Wei Ge, Yan Jin Pu Zi, Lao Si Chuan, Three Squirrels.
The beef jerky snacks market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beef Jerky Snacks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beef Jerky Snacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beef Jerky Snacks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beef Jerky Snacks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beef Jerky Snacks Market Size & Forecast, 2020-2028
4.5.1 Beef Jerky Snacks Market Size and Y-o-Y Growth
4.5.2 Beef Jerky Snacks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Original Flavored
5.2.2 Spicy
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Convenience Stores
6.2.2 Supermarket/hypermarket
6.2.3 Online Retail Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beef Jerky Snacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beef Jerky Snacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Original Flavored
9.6.2 Spicy
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Convenience Stores
9.10.2 Supermarket/hypermarket
9.10.3 Online Retail Stores
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Original Flavored
10.6.2 Spicy
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Convenience Stores
10.10.2 Supermarket/hypermarket
10.10.3 Online Retail Stores
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Original Flavored
11.6.2 Spicy
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Convenience Stores
11.10.2 Supermarket/hypermarket
11.10.3 Online Retail Stores
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Original Flavored
12.6.2 Spicy
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Convenience Stores
12.10.2 Supermarket/hypermarket
12.10.3 Online Retail Stores
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Original Flavored
13.6.2 Spicy
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Convenience Stores
13.10.2 Supermarket/hypermarket
13.10.3 Online Retail Stores
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beef Jerky Snacks Market: Competitive Dashboard
14.2 Global Beef Jerky Snacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jack Link's Beef Jerky
14.3.2 Country Archer Jerky Co.
14.3.3 Devour Foods
14.3.4 Dollar General
14.3.5 Old Trapper
14.3.6 JerkyXP
14.3.7 Wild Bill's Food
14.3.8 Marks & Spencer
14.3.9 Liang Pin Pu Zi
14.3.10 Bai Cao Wei
14.3.11 Ke Er Qin
14.3.12 Lai Yi Fen
14.3.13 Life Fun
14.3.14 Niu Tou Pai
14.3.15 Shan Wei Ge
14.3.16 Yan Jin Pu Zi
14.3.17 Lao Si Chuan
14.3.18 Three Squirrels
