Eat Snacks Market

Eat Snacks Market, By Meat, Products type, Flavor, and
Distribution Channels, 2018-2026
Meat snacks are snacks made by marinating meat in a curing solution and
drying it. Meat processed in this manner provides it with a unique flavor and
increases the shelf life of meat snacks. The strong flavor of meat snacks is
attributed to the concentrating effects of the moisture removal process. The
manufacturing process of meat snacks involves initial meat preparation,
preparation of the curing solution, meat processing and curing, and quality
check and packaging. The curing solution has antimicrobial effects that prevent
growth of harmful bacteria.
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Varied flavors added to meat products is a major factor driving growth of the
meat snacks market globally. Growing inclination towards spicy, salty, and
specific-flavored snacks is increasing growth of the meat snacks market.
Manufactures are increasingly focusing on producing Jalapeno, teriyaki, and
habanero with flavored meat snacks such as cranberry and pineapple. Increasing
introduction of new flavors such as these, in turn, is driving growth of the meat
snacks market. Manufacturers are continuously innovating these products in
terms of making them easily available to consumers. For instance, development
of small and innovative on-the-go packages, makes meat snacks convenient and
easy to eat. These environmental friendly and easy-to-carry packaging are
increasingly gaining popularity in the meat snacks market. However,
fluctuations in costs associated to raw materials and high costs of final products
are major restraints to growth of this market.
The market in North America holds a dominant position, due to the U.S. being a
leader in production of beef and poultry. According to U.S. Department of
Agriculture (USDA), the U.S. produces around 20% of meat snacks, out of
world’s total production of beef. Beef Jerkies are largely produced in the U.S,
Canada, and Mexico. Import of meat snacks from Canada increased from US$
384 million in 2010 to US$ 674 million to 2014. Meat sticks is the
fastest-growing product in meat snacks market in Canada. Conventional stores
is the largest distribution channel in the meat snacks market in this region.
Advancements in the meat processing technology and is fueling growth of the
meat snacks market in this region.
Europe accounts for the fastest-growing region in the meat snacks market.
Germany, U.K, and France are the leading economies in this region. In 2016,
Germany accounted for over 16% of the market share, due to high presence of
major manufacturers in the region. Supermarkets and hypermarkets are the main
distribution channels in the meat snacks market in the region, which accounted
for around 40% of the market share in 2016. Increasing health awareness among
consumers regarding protein food and strong distribution channel is expected to
boost growth of the meat snacks market in the region, over the forecast period.
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Meat sticks is the fastest-growing product in meat snacks market in Canada. Conventional stores is the largest distribution channel in the meat snacks market in this region.

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