Product Code: PM3426
The global jerky snacks market size is expected to reach USD 8.14 billion by 2032, according to a new study by Polaris Market Research. The report "Jerky Snacks Market Share, Size, Trends, Industry Analysis Report, By Product (Beef, Pork, Poultry, and Others); By Distribution Channel; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The popularity of veganism is surging across the food industry with various innovations. Vegan snacks have improved in taste and texture over the years. As food manufacturers have developed new technologies and techniques for creating meat alternatives, they have been able to produce more convincing plant-based products that mimic the texture and flavor of meat. For example, in March 2022, Beyond Meat & PepsiCo have partnered with each other for their first delicious and convenient plant-based jerky product. Beyond Meat Jerky comes in three flavors including original, hot & spicy, and teriyaki and offers the same savory experience as traditional beef jerky. Subsequently, the demand for veganism has led businesses to innovate new products. This is further broadening the global market growth.
Jerky snacks are also a good source of protein, which can help to keep people feeling full and satisfied. Many people are seeking for jerky snacks as a healthier alternative to other types of snacks that are high in sugar, salt, and unhealthy fats. These are a convenient and portable snack that can be easily taken on-the-go. Therefore, a huge population is seeking for the jerky snacks with various flavors due to its large number of benefits. This is enhancing the demand for market with a considerable growth rate globally.
The beef jerky is flying off the shelves as meat snacks are growing more and more popular among consumers who opt to concentrate on adding more protein to their diets. As a result, the global jerky market is expanding dramatically. In addition to providing an ever-growing selection of flavors and other possibilities, jerky is both practical and diet-friendly. To satisfy the expectations of flavor-conscious consumers, an unlimited variety of snack foods are being offered with unusual flavors which include beer-flavored chips, wasabi-flavored crackers, and coffee-flavored chocolates. Henceforth, the global market is expanding with a rapid pace.
The COVID-19 pandemic has had both positive and negative impacts on the global market. With the closure of many restaurants and bars, the demand for jerky snacks from the foodservice industry has decreased, leading to a surplus of inventory for some manufacturers.
Jerky Snacks Market Report Highlights
Beef segment is accounted for largest share of the total global revenue. This is linked to high consumption of this snacks due to its health beneficial aspects such as protein, vitamin, and minerals
Online segment garnered huge share, owing to shift in consumer purchase and increasing e-commerce industry
North America held the largest share in 2022 due to huge consumption of jerky snacks products, growing health concern among various countries, and availability of jerky snacks manufacturers in the region
The global players include: JACK LINK'S, Oberto Snacks, Hershey Company, General Mills, Frito-Lay, Old Trapper Beef Jerky, Chef's Cut Real Jerky, Tillamook Country Smoker, Conagra Brands, and Meatsnacks Group
Polaris Market Research has segmented the Jerky Snacks market report based on product, distribution channel, and region:
Jerky Snacks, Product Outlook (Revenue - USD Billion, 2019-2032)
Jerky Snacks, By Distribution Channel Outlook (Revenue - USD Billion, 2019-2032)
Jerky Snacks, Regional Outlook (Revenue - USD Billion, 2019-2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Jerky Snacks Market Insights
- 4.1. Jerky Snacks Market - Industry Snapshot
- 4.2. Jerky Snacks Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising awareness regarding healthy lifestyle
- 4.2.1.2. Growth of e-commerce and the widespread use of smartphones
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Rising popularity of vegan diets
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Jerky Snacks Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Jerky Snacks Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Jerky Snacks, by Product, 2019-2032 (USD Billion)
- 5.3. Beef
- 5.3.1. Global Jerky Snacks Market, by Beef, by Region, 2019-2032 (USD Billion)
- 5.4. Pork
- 5.4.1. Global Jerky Snacks Market, by Pork, by Region, 2019-2032 (USD Billion)
- 5.5. Poultry
- 5.5.1. Global Jerky Snacks Market, by Poultry, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Jerky Snacks Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Jerky Snacks Market, by Distribution Channel
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 6.3. Online
- 6.3.1. Global Jerky Snacks Market, by Online, by Region, 2019-2032 (USD Billion)
- 6.4. Offline
- 6.4.1. Global Jerky Snacks Market, by Offline, by Region, 2019-2032 (USD Billion)
7. Global Jerky Snacks Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Jerky Snacks Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Jerky Snacks Market - North America
- 7.3.1. North America: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3.2. North America: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.3.3. Jerky Snacks Market - U.S.
- 7.3.3.1. U.S.: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.3.4. Jerky Snacks Market - Canada
- 7.3.4.1. Canada: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4. Jerky Snacks Market - Europe
- 7.4.1. Europe: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.2. Europe: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.3. Jerky Snacks Market - UK
- 7.4.3.1. UK: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.4. Jerky Snacks Market - France
- 7.4.4.1. France: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.4.2. France: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.5. Jerky Snacks Market - Germany
- 7.4.5.1. Germany: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.6. Jerky Snacks Market - Italy
- 7.4.6.1. Italy: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.7. Jerky Snacks Market - Spain
- 7.4.7.1. Spain: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.8. Jerky Snacks Market - Netherlands
- 7.4.8.1. Netherlands: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.4.9. Jerky Snacks Market - Russia
- 7.4.9.1. Russia: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5. Jerky Snacks Market - Asia Pacific
- 7.5.1. Asia Pacific: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5.3. Jerky Snacks Market - China
- 7.5.3.1. China: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.3.2. China: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5.4. Jerky Snacks Market - India
- 7.5.4.1. India: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.4.2. India: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5.5. Jerky Snacks Market - Malaysia
- 7.5.5.1. Malaysia: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5.6. Jerky Snacks Market - Japan
- 7.5.6.1. Japan: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5.7. Jerky Snacks Market - Indonesia
- 7.5.7.1. Indonesia: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.5.8. Jerky Snacks Market - South Korea
- 7.5.8.1. South Korea: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.6. Jerky Snacks Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.6.3. Jerky Snacks Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.6.4. Jerky Snacks Market - UAE
- 7.6.4.1. UAE: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.6.5. Jerky Snacks Market - Israel
- 7.6.5.1. Israel: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.6.6. Jerky Snacks Market - South Africa
- 7.6.6.1. South Africa: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.7. Jerky Snacks Market - Latin America
- 7.7.1. Latin America: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.7.3. Jerky Snacks Market - Mexico
- 7.7.3.1. Mexico: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.7.4. Jerky Snacks Market - Brazil
- 7.7.4.1. Brazil: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
- 7.7.5. Jerky Snacks Market - Argentina
- 7.7.5.1. Argentina: Jerky Snacks Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Jerky Snacks Market, by Product, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. JACK LINK'S
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Oberto Snacks
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Hershey Company
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. General Mills
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Frito-Lay
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Old Trapper Beef Jerky
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Chef's Cut Real Jerky
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Tillamook Country Smoker
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Conagra Brands
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Meatsnacks Group
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development