The global meat snacks market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for healthy snacks is anticipated to drive market growth. Moreover, increasing demand for salty, spicy, and specific-flavored snacks is expected to fuel meat snacks market growth over the forecast period. However, rising consumer awareness regarding high obesity by consumption of meat is expected to hamper market growth over the forecast period.
The global meat snacks market report has been segmented on the basis of product, application, and region.
On the basis of product type, the global meat snacks market has been segmented into meat sticks, jerky, ham sausages, pickled poultry meat, pickled sausages, and others (nuggets, tortilla, and chews). The jerky segment is expected to witness steady growth over the forecast period acceptance of new meat products is expected to boost the segment growth.
On the basis of the application, the global meat snacks market has been segmented into supermarket & hypermarket, convenience stores, grocery stores, and others (restaurants and online stores). Online stores or E-commerce stores segment is expected to witness higher growth rate over the forecast period. Growing penetration of internet among the people is expected to propel segment growth.
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On the basis of region, the global meat snacks market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe market is expected to grow at a rapid pace over the forecast period. Presence of large number of manufacturers in the region is expected to boost the region growth over the forecast period. Moreover, growing product awareness campaigns coupled with the introduction of new products is anticipated to augment market growth. Supermarkets and hypermarkets are the main distribution channels in the Europe meat snacks market.
Key players operating in the global meat snacks market include MeatSnacks Group, Conagra Brands, Inc., Zorabian, Cremonini S.p.A., Venky’s India Ltd., Link Snacks, Inc., The Meatsnacks Group, Winterbotham Darby & Co Ltd., Campofrio Food Group, and Vista Foods.