Market Overview:
The global smoked bacon market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for processed meat products, increasing disposable income, and changing food habits. In terms of type, the hot smoked bacon segment is expected to dominate the market during the forecast period owing to its high demand in foodservice applications. However, cold smoked bacon is also gaining popularity due to its unique flavor and texture profile. Geographically, North America dominates the global smoked bacon market followed by Europe and Asia Pacific.
Product Definition:
Smoked bacon is bacon that has been cured and then smoked. The smoking process gives the bacon a smoky flavor and a crispy texture. Smoked bacon is used in many different dishes, including breakfast items, salads, sandwiches, and entrees.
Hot Smoked Bacon:
Hot Smoked Bacon is a new product that has been gaining popularity among consumers. It is also known as barbeque bacon or American-style smoked bacon. The product can be used in many dishes and it adds an excellent flavor to the food products. It has a high demand among the young generation, who prefer experimenting with different cuisines, and thus hot smoked bacon finds its application in various types of foods such as sandwiches, burgers, salads etc.
Cold Smoked Bacon:
Cold Smoked Bacon is a process of preserving raw, unprocessed pork meat by freezing it at a temperature below 20°F (68°C). The product was first introduced in the U.S. and has since become popular across the globe owing to its distinct taste and quality.
Application Insights:
The foodservice application segment led the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to its rising use in restaurants and pubs. Increasing number of food joints and eateries across the globe is also likely to have a positive impact on industry growth.
Retail is projected to be one of the fastest-growing segments during the study period owing to increasing consumer preference for home cooked meals, especially among millennials who dominate retail spending habits globally. Retailers are increasingly using smoked bacon as an ingredient in their products, such as salads or sandwiches, which are sold through grocery stores or online portals.
Demand from other applications including pharmaceuticals and cosmetics will also play a key role in augmenting overall industry size by 2030.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing demand for meat products with enhanced flavors and aromas, rising foodservice industry, and growing popularity of bacon-based breakfast foods across U.S., Canada, and Mexico.
Europe accounted for a significant share of revenue in 2017 owing to high consumer preference for flavored meats such as smoky flavored ones from key markets including Germany, France, Italy, Spain among others.
Growth Factors:
- Increasing demand for convenience foods: The growth of the smoked bacon market is mainly attributed to the increasing demand for convenience foods. This is because smoked bacon can be easily added to various dishes, making them more flavorful and convenient to eat.
- Rising disposable income: Another key growth driver for the smoked bacon market is rising disposable incomes, which has led to an increase in consumer spending on food items, including processed meat products such as smoked bacon.
- Growing popularity of Western cuisine: The growing popularity of Western cuisine around the world has also helped fuel demand for smoked bacon products as they are commonly used in many popular Western dishes.
- Proliferation of fast food chains: The proliferation of fast food chains has also helped boost sales of processed meat products like smoked bacon, as these establishments typically offer a wide variety of menu items that include this type of meat product.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smoked Bacon Market Research Report
By Type
Hot Smoked Bacon, Cold Smoked Bacon
By Application
Foodservice, Retail
By Companies
Nueskes, Hormel Foods, Smithfield & Smithfield Foods, Kraft Heinz, Nassau Foods, Pestell's Rai Bacon, Cornish Farmhouse Bacon Company, Boks Bacon, Sikorskis, Holly Bacon Company, Kaminiarz, Vermont Smoke & Cure, Oscar Mayer, JBS USA, Tyson Foods, Seaboard Foods, Fresh Mark, Karro Food, KAMINIARZ, Hill Meat Company
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Smoked Bacon Market Report Segments:
The global Smoked Bacon market is segmented on the basis of:
Types
Hot Smoked Bacon, Cold Smoked Bacon
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
Foodservice, Retail
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:
- Nueskes
- Hormel Foods
- Smithfield & Smithfield Foods
- Kraft Heinz
- Nassau Foods
- Pestell's Rai Bacon
- Cornish Farmhouse Bacon Company
- Boks Bacon
- Sikorskis
- Holly Bacon Company
- Kaminiarz
- Vermont Smoke & Cure
- Oscar Mayer
- JBS USA
- Tyson Foods
- Seaboard Foods
- Fresh Mark
- Karro Food
- KAMINIARZ
- Hill Meat Company
Highlights of The Smoked Bacon 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:
- Hot Smoked Bacon
- Cold Smoked Bacon
- By Application:
- Foodservice
- Retail
- 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 Smoked Bacon 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Smoked bacon is bacon that has been smoked over wood chips, which gives it a smoky flavor.
Some of the major players in the smoked bacon market are Nueskes, Hormel Foods, Smithfield & Smithfield Foods, Kraft Heinz, Nassau Foods, Pestell's Rai Bacon, Cornish Farmhouse Bacon Company, Boks Bacon, Sikorskis, Holly Bacon Company, Kaminiarz, Vermont Smoke & Cure, Oscar Mayer, JBS USA, Tyson Foods, Seaboard Foods, Fresh Mark, Karro Food, KAMINIARZ, Hill Meat Company.
The smoked bacon 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 Smoked Bacon 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 Smoked Bacon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smoked Bacon 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 Smoked Bacon 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 Smoked Bacon Market Size & Forecast, 2018-2028
4.5.1 Smoked Bacon Market Size and Y-o-Y Growth
4.5.2 Smoked Bacon Market Absolute $ Opportunity
Chapter 5 Global Smoked Bacon 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 Smoked Bacon Market Size Forecast by Type
5.2.1 Hot Smoked Bacon
5.2.2 Cold Smoked Bacon
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smoked Bacon 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 Smoked Bacon Market Size Forecast by Applications
6.2.1 Foodservice
6.2.2 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smoked Bacon 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 Smoked Bacon 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 Smoked Bacon Analysis and Forecast
9.1 Introduction
9.2 North America Smoked Bacon 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 Smoked Bacon Market Size Forecast by Type
9.6.1 Hot Smoked Bacon
9.6.2 Cold Smoked Bacon
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 Smoked Bacon Market Size Forecast by Applications
9.10.1 Foodservice
9.10.2 Retail
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 Smoked Bacon Analysis and Forecast
10.1 Introduction
10.2 Europe Smoked Bacon 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 Smoked Bacon Market Size Forecast by Type
10.6.1 Hot Smoked Bacon
10.6.2 Cold Smoked Bacon
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 Smoked Bacon Market Size Forecast by Applications
10.10.1 Foodservice
10.10.2 Retail
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 Smoked Bacon Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smoked Bacon 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 Smoked Bacon Market Size Forecast by Type
11.6.1 Hot Smoked Bacon
11.6.2 Cold Smoked Bacon
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 Smoked Bacon Market Size Forecast by Applications
11.10.1 Foodservice
11.10.2 Retail
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 Smoked Bacon Analysis and Forecast
12.1 Introduction
12.2 Latin America Smoked Bacon 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 Smoked Bacon Market Size Forecast by Type
12.6.1 Hot Smoked Bacon
12.6.2 Cold Smoked Bacon
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 Smoked Bacon Market Size Forecast by Applications
12.10.1 Foodservice
12.10.2 Retail
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) Smoked Bacon Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smoked Bacon 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) Smoked Bacon Market Size Forecast by Type
13.6.1 Hot Smoked Bacon
13.6.2 Cold Smoked Bacon
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) Smoked Bacon Market Size Forecast by Applications
13.10.1 Foodservice
13.10.2 Retail
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 Smoked Bacon Market: Competitive Dashboard
14.2 Global Smoked Bacon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nueskes
14.3.2 Hormel Foods
14.3.3 Smithfield & Smithfield Foods
14.3.4 Kraft Heinz
14.3.5 Nassau Foods
14.3.6 Pestell's Rai Bacon
14.3.7 Cornish Farmhouse Bacon Company
14.3.8 Boks Bacon
14.3.9 Sikorskis
14.3.10 Holly Bacon Company
14.3.11 Kaminiarz
14.3.12 Vermont Smoke & Cure
14.3.13 Oscar Mayer
14.3.14 JBS USA
14.3.15 Tyson Foods
14.3.16 Seaboard Foods
14.3.17 Fresh Mark
14.3.18 Karro Food
14.3.19 KAMINIARZ
14.3.20 Hill Meat Company
