The global meat snacks market is anticipated to showcase a moderate CAGR of 5.6% during the forecast period (2020-2026). The key factors that drive the growth of the meat snacks market include the increasing focus of meat snack manufacturers towards innovations. The key companies across the globe are highly inclined towards expanding their production capabilities via the expansion of their production facilities. For instance, In August 2020, Turasky Meats, a Springfield, Ill.-based meat processor and co-packer of meat products and protein snacks had announced to add a second production facility to house its Prairie Sky Snacks business. The new plant will be used to produce snack sticks, whole-muscle jerky, cooked sausages, and other protein snacks.
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Further, the key players including Associated British Food Plc, Beyond Meat, Inc., Big Chief Meat Snacks Inc., Bridgford Foods Corp., Conagra Brands Inc., Copperstone Foods, LLC, Country Archer Jerky Co., FireCreek Snacks, Hormel Foods Corp., Jack Link’s LLC, Kerry Group, Marfood USA, Inc., and Monogram Food Solutions LLC are contributing towards the global meat snacks market growth. These manufacturers are adopting different growth strategies including capacity expansion, mergers and acquisitions, new product launch, and product innovation to remain competitive in the marketplace.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- By Product Type, Distribution Channel
· Regions Covered- North America, Europe, Asia-Pacific, Rest of World
· Competitive Landscape- PepsiCo, Inc., Conagra Brands Inc., Hormel Foods Corp., Jack Link’s LLC, Thanasi Foods, Beyond Meat
Key questions addressed by the report
· What is the market growth rate?
· Which segment/region dominates the market in the base year?
· Which segment/region will project the fastest growth in the market?
· How COVID-19 impacted the market?
· Recovery Timeline
· Deviation from the pre-COVID-19 forecast
· Most affected region/segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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Global Meat Snacks Market Report Segment
By Product Type
· Jerky
· Sticks
· Sausages
· Others
By Distribution Channel
· Convenience Stores
· Supermarket/Hypermarket
· Online Store
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
