The North American meat snacks market is anticipated to showcase a moderate CAGR of 3.5% during the forecast period. The market is driven by the rising demand for ready-to-eat meat snacks by consumers to save their time effort, rising awareness among consumers regarding intake of nutritional ingredients, growing to emphasize on having protein intake for proper gut health are among some key factors that are driving the regional market growth. Additionally, the high demand for convenience in food preparation, the growing working women population, along with the high disposable income of the region are other factors that are promoting the adoption of meat snack in the region as ready to eat food. However, ethical issues and less preserved time related to meat snacks are the key factors that may restrain the growth of the meat snack market in North America.
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PepsiCo, Inc., The Hersey Co., Conagra Brands Inc., Hormel Foods Corp., Jack Link’s LLC, Thanasi Foods, and Beyond Meat, among others, are the major manufacturers of meat snacks. 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. Major market players operating in this segment are extending their geographical reach to expand its market share. The establishment of strategic partnerships with major raw material providers of the region to cost saving on new products is likely to drive the growth of this market in the region.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North American Meat Snacks Market by Product
- Jerky
- Sticks
- Sausages
- Others
North American Meat Snacks Market by Distribution Channel
- Convenience Stores
- Supermarket/Hypermarket
- Online Store
- Others
Regional Analysis
- US
- Canada
Company Profiles
- Beyond Meat, Inc.
- Conagra Brands Inc.
- Hormel Foods Corp.
- Jack Link’s LLC
- Kerry Group
- KINGS ELITE SNACKS
- Marfood USA, Inc.
- Nestlé S.A.
- Thanasi Foods LLC
- The Meatsnacks Group
- Werner Gourmet Meat Snacks, Inc.
The Report Covers
- Comprehensive research methodology of the North American meat snacks market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American meat snacks market.
- Insights about market determinants which are stimulating the North American meat snacks market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Profiles and recent developments of market players.
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