What is Jerky Market Scope?
Jerky is lean-trimmed meat cut into strips and dried (dehydrated) to prevent spoilage. Normally, this drying includes the addition of salt to prevent bacteria growth before the meat has finished the dehydrating process. The manufacture of dried meat products is regulated across the majority of the country. Jerky is becoming more popular among consumers as compared to sit-down meals. Growing consumer demand for nutrient-dense snacks, including those with healthy fats, iron, and vitamin B, is driving the development of enriched meat snacks, which in turn is driving the market for jerky. Due to the portability of foods like jerky, sticks, and sausages, it is a convenient choice for consumers looking for wholesome meat snacks. In a few years, consumer preference has moved towards healthy snacks including jerky. Consumers prefer more information on the packaging of the products.
Influencing Trend:
Rising demand for Omega-3 nutrient-dense snacks
Market Growth Drivers:
Growing inclination of the population toward a health-conscious lifestyle and Easy accessibility and affordability of quality jerky products
Challenges:
Rising vegan food-eating population
Restraints:
Increasing cardiovascular implications due to high consumption of jerky
Opportunities:
Rise in popularity of organic jerky and preference for clean label product
The Jerky market study is being classified, by Application and major geographies with country level break-up.
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior-quality products to cater to the ever-growing demand for jerky. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage
Conagra Brands, Inc. (United States), B.K.H. Jerky (Canada), Perky Jerky. (United States), Golden Island. (United States), Laverstoke Park Farm (United Kingdom), H.J. Heinz Company Brands LLC (United States), TILLAMOOK COUNTRY SMOKER (United States), Coppernose Ltd (United Kingdom), JM Foods Ltd (Dubai) and Billy Franks (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are LINK SNACKS, INC. (United States), Goat Trail LLC (United States), PRIMAL SPIRIT FOODS, INC (United States), Think Jerky (United States), People's Choice Beef (United States), JerkyCounty archer provisions and worldpantry.com LLC (United States), Wild Zora (United States), Wild West Jerky (United States), Boston Jerky Co. LLC. (United States), Bee Cheng Hiang (Singapore), Oberto Snacks Inc. (United States) and Sonoma Brands Capital (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Jerky market by Type, Application and Region.
On the basis of geography, the market of Jerky has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In July 2020, Sonoma brands acquired Chefs cut real jerky, one of the fastest-growing premium meat snacks brands in the United States. This strengthened the company’s supply chain.
Key Target Audience
Manufacturers/ Suppliers, Government Regulatory, End-Users and Others
Jerky Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Jerky Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Jerky industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.