MARKET INTRODUCTION
Jerky is a meat snack that is cut into strips and dehydrated to prevent it from spoiling. The dehydration process also involves the usage of salts as a natural preservative to contain microbial growth. The modern jerky is often marinated with a mixture of various seasonings. As jerky is precooked and shelf-stable, it is a ready-to-eat food item that requires no additional preparation. It is a healthy snacking option that can be conveniently carried along during outdoor activities, road trips, sports events, etc.
MARKET DYNAMICS
The increasing demand for on-the-go food products that require minimum efforts to prepare has been a major factor behind the growth of the jerky market. Innovation in packaging technologies, availability of jerky products with different flavors, and reasonable pricing of the products have led to significant consumptions of jerky. The falling prices of red meat and the steady per capita consumption of jerky have spurred the growth of the jerky market. Besides its widespread popularity in North America and Europe, the growing popularity of jerky in East Asia is expected to boost the demand for jerky. The increasing demand for protein-rich and nutritious snacks has cascaded the demands for jerky across the globe. The jerky industry has witnessed a surge in the demand for natural and clean-label jerky products owing to the changing consumer tastes and preferences. This trend is likely to influence the jerky industry as major manufacturers are expected to expand their consumer base and launch clean label jerky products.
MARKET SCOPE
The "Global Jerky Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the jerky market with detailed market segmentation by source, distribution channel, and geography. The global jerky market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading jerky market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global jerky market is segmented on the basis of source and distribution channel. On the basis of source, the jerky market is segmented into, beef, pork, poultry, and others. On the basis of distribution channel, the market is bifurcated into, hypermarkets and supermarkets, convenience stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global jerky market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The jerky market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the jerky market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the jerky market in these regions.
MARKET PLAYERS
The reports cover key developments in the jerky market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from jerky market are anticipated to lucrative growth opportunities in the future with the rising demand for jerky in the global market. Below mentioned is the list of few companies engaged in the jerky market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the jerky market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Boston Jerky Co. LLC
- Conagra Brands
- Country Archer Jerky Co.
- Devour Foods
- Golden Island Jerky Company Inc
- Jack Link's Beef Jerky
- Newport Jerky Company
- Oberto Snacks Inc.
- The Blue Ox Jerky Company
- The Hershey Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.