Market Overview:
The global chipped beef market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and the rising trend of online retailing. Chipped beef is a type of processed meat that is made by slicing beef into thin strips and then cutting them into small pieces. It is used as an ingredient in various dishes, such as sandwiches, salads, and soups. The major applications of chipped beef are supermarkets and hypermarkets, convenience stores, online retailers, and others (including foodservice establishments). North America accounted for the largest share of the global chipped beef market in 2017 owing to the presence of a large number of leading players in this region.
Product Definition:
Chipped beef is a type of processed food that is made from beef that has been trimmed and then chopped into small pieces. It is often used as a breakfast dish, and can be served either hot or cold.
Canned:
Canned meat is dried, smoked or pickled meat that has been preserved in a metal can. The growth factor for canned meat is the preservation process which includes drying, smoking or pickling and further processing of the product to preserve it. Canned products are highly preferred by consumers owing to its longer shelf life as compared to other dried processed meats such as jerky and beef stick.
Bagged:
Bagged is a method of preserving raw meat by placing it in a container or bag, which is then sealed. The process of sealing the baggies with either heat or cold is called canning. The product was initially developed for use in pet food and has since been expanded to be used for human consumption as well.
The primary function served by this product includes preservation of raw meat from spoilage due to extended periods of storage at room temperature.
Application Insights:
The supermarkets and hypermarkets segment held the largest share of over 60.0% in 2017. The application of chipped beef is increasing at a rapid pace in supermarkets and hypermarkets due to its convenient packaging, wide availability, low price as compared to fast food restaurants and quick service restaurants. Moreover, the growing preference for packaged meals is expected to fuel industry growth during the forecast period.
Online retailers are anticipated to be the fastest-growing market players owing to their ability provide convenience along with better quality products at lower prices as compared with brick-and-mortar retail stores or traditional online channels such as ecommerce platforms.
Regional Analysis:
Europe was the largest regional market in 2017 and is expected to maintain its dominance over the forecast period. The region accounted for a share of more than 35% owing to high demand from countries, such as U.K., Germany, France, Italy, and Russia. North America is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 due to increasing awareness about health benefits associated with chipped beef products among consumers in U.S., Canada, and Mexico coupled with growing popularity of traditional dishes made using these products among millennials & Generation Z (born between 1995 & 2000). Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast years on account of rising disposable income levels in emerging economies including China and India which will drive demand for processed meat products including canned or bagged chips over next eight years.
Growth Factors:
- Increasing demand for convenience foods: The Chipped Beef market is driven by the increasing demand for convenience foods, as consumers are looking for easy and quick meal options. This is driving the growth of the Chipped Beef market.
- Rising disposable income: The growth of the middle-class population in developing countries is leading to an increase in disposable income, which is fueling the growth of the Chipped Beef market.
- Growing trend of snacking: There is a growing trend of snacking among consumers, which is contributing to the growth of the Chipped Beef market.
- Proliferation of fast food chains: The proliferation of fast food chains across different regions is providing a boost to the Chipped Beef market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chipped Beef Market Research Report
By Type
Canned, Bagged
By Application
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Others
By Companies
Armour, Knauss, Hormel, People's Choice Beef Jerky, Maruchan, Aloha Edibles, Jack Links, Pohina Products LLC, Mission Meats, Bulk Beef Jerky, Nestle, B&G Foods
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Chipped Beef Market Report Segments:
The global Chipped Beef market is segmented on the basis of:
Types
Canned, Bagged
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
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, 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:
- Armour
- Knauss
- Hormel
- People's Choice Beef Jerky
- Maruchan
- Aloha Edibles
- Jack Links
- Pohina Products LLC
- Mission Meats
- Bulk Beef Jerky
- Nestle
- B&G Foods
Highlights of The Chipped Beef 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:
- Canned
- Bagged
- By Application:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailers
- 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 Chipped Beef 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Chipped beef is a type of sandwich that consists of thinly sliced beef that has been cut into small pieces and then battered and fried.
Some of the key players operating in the chipped beef market are Armour, Knauss, Hormel, People's Choice Beef Jerky, Maruchan, Aloha Edibles, Jack Links, Pohina Products LLC, Mission Meats, Bulk Beef Jerky, Nestle, B&G Foods.
The chipped beef market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chipped Beef 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 Chipped Beef Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chipped Beef 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 Chipped Beef 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 Chipped Beef Market Size & Forecast, 2018-2028
4.5.1 Chipped Beef Market Size and Y-o-Y Growth
4.5.2 Chipped Beef Market Absolute $ Opportunity
Chapter 5 Global Chipped Beef 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 Chipped Beef Market Size Forecast by Type
5.2.1 Canned
5.2.2 Bagged
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chipped Beef 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 Chipped Beef Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Convenience Stores
6.2.3 Online Retailers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chipped Beef 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 Chipped Beef 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 Chipped Beef Analysis and Forecast
9.1 Introduction
9.2 North America Chipped Beef 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 Chipped Beef Market Size Forecast by Type
9.6.1 Canned
9.6.2 Bagged
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 Chipped Beef Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Convenience Stores
9.10.3 Online Retailers
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 Chipped Beef Analysis and Forecast
10.1 Introduction
10.2 Europe Chipped Beef 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 Chipped Beef Market Size Forecast by Type
10.6.1 Canned
10.6.2 Bagged
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 Chipped Beef Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Convenience Stores
10.10.3 Online Retailers
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 Chipped Beef Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chipped Beef 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 Chipped Beef Market Size Forecast by Type
11.6.1 Canned
11.6.2 Bagged
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 Chipped Beef Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Convenience Stores
11.10.3 Online Retailers
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 Chipped Beef Analysis and Forecast
12.1 Introduction
12.2 Latin America Chipped Beef 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 Chipped Beef Market Size Forecast by Type
12.6.1 Canned
12.6.2 Bagged
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 Chipped Beef Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Convenience Stores
12.10.3 Online Retailers
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) Chipped Beef Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chipped Beef 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) Chipped Beef Market Size Forecast by Type
13.6.1 Canned
13.6.2 Bagged
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) Chipped Beef Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Convenience Stores
13.10.3 Online Retailers
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 Chipped Beef Market: Competitive Dashboard
14.2 Global Chipped Beef Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armour
14.3.2 Knauss
14.3.3 Hormel
14.3.4 People's Choice Beef Jerky
14.3.5 Maruchan
14.3.6 Aloha Edibles
14.3.7 Jack Links
14.3.8 Pohina Products LLC
14.3.9 Mission Meats
14.3.10 Bulk Beef Jerky
14.3.11 Nestle
14.3.12 B&G Foods
