Maximize Market Research, a leading Food & Beverages business consultancy and research firm has published a report on the “Jerky Market”. The total market opportunity for Jerky Market was USD 4.98 Bn in 2023 and is expected to grow at a CAGR of 6.3 percent in the forecast period, reaching USD 7.64 Bn by 2030. As per the report, the global Jerky Market is expected to be dominated by the North America and Asia-Pacific regions to grow at a significant growth rate through the forecast period.
Jerky Market Report Scope and Research Methodology
Market Size in 2023: USD 4.98 Billion
Market Size in 2030: USD 7.64 Billion
CAGR: 6.3 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 216
No. of Tables: 131
No. of Charts and Figures: 178
Segment Covered: By Product, and Distribution Channel.
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Jerky Market Scope and Research Methodology
The Jerky Market report goes deep into analysing market segments and regional trends, as well as studying the strategies used by the industry’s top competitors. It explores market dynamics, looking at opportunities, challenges, drivers, and restraints at the regional and segment levels. The report also provides key statistics on import/export consumption, supply and demand, pricing, expenses, revenue, and gross margins, making it an invaluable tool for investors in this industry. To ensure its credibility, the report used both primary and secondary research methods to gather data. For primary research, experts, business owners, and leaders in the Jerky sector were surveyed, given questionnaires, and interviewed over the phone. The report calculated the sizes of the global and regional markets using a bottom-up approach. Additionally, a SWOT analysis was conducted to highlight the strengths and weaknesses of major players in the Jerky industry.
Jerky Market Overview
The jerky market is growing continuously as, people are really into protein-packed snacks like jerky, especially as they’re trying to snack healthier. Jerky’s long shelf life and easy portability make it a perfect on-the-go snack, which is why more and more folks are craving it. Additionally, with the presence of different protein jerky options, catering to the variety of consumers, the market’s got some real potential. And with new flavours and packaging in the mix, it’s likely to keep folks interested and keep the jerky market growing. Overall, it looks like the jerky business is anticipated to grow over the forecasted period
Jerky Market Dynamics
The jerky market has been growing lately because more people are looking for convenient, easy-to-eat foods. Advanced packaging, a wide range of flavors, and competitive pricing have all contributed to a significant increase in jerky consumption. Additionally, with the cost of red meat going down and steady per capita jerky consumption, the market is growing. There is also a global demand for high-protein, nutrient-rich snacks, which has led to a surge in jerky sales. As peoples tastes change, there is a growing interest in natural and clean-label jerky products. All these factors are propelling the growth of the jerky market.
Jerky Market Regional Insights
In 2023, North America dominated the jerky market, holding over 40% of the worldwide share and is expected to continue its dominance in the forecasted period. The region is huge and its changing consumer habits really drive market trends. People in North America are all about convenient, high-protein snacks, which totally fits with the jerky industry. Its low-fat, high-protein content makes it the perfect grab-and-go option, which is fuelling the growth of the market in the region.
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Jerky Market Segmentation
By Product:
- Beef
- Pork
- Poultry
By Product, In terms of market share, the beef jerky category led the global jerky market in 2023. Beef jerky has evolved as a healthier snack option over the past period time. It is a great protein snack, which attracts heallthconcious peoples and youth population towards it. Athletes prefer beef jerky as a quick and wholesome snack over any other snacking option. Also, beef jerky is high in protein, vitamins and some minerals, which fullfills the need of the body. All these factors together driving the segment in the jerky market.
By Distribution Channel:
- Offline Stores
- Online Stores
Jerky Market Key Competitors include:
North America
- Boston Jerky Co.
- Golden Island Jerky Company Inc
- Jack Link’s Beef Jerky
- Premium Brands Holding
- Old Trapper Beef Jerky
- Chef’s Cut Real Jerky
- Tillamook Country Smoker
- Chomps
- Stryve Foods
- The New Primal
- Krave Jerky
- Monogram Food Solutions
- EPIC Provisions
- People’s Jerky
- Chudabeef Jerky
- Whip City Jerky
- Kingmade Jerky
- Think Jerky
- Boozy Jerky
- Its Jerky
- Just Mike’s Jerky Company
- Bulk Beef Jerky
- Made by True
Europe
- Mingua Beef Jerky
- eu
Asia Pacific
- WH Group
Key questions answered in the Jerky Market are:
- Who are the key players in the Jerky Market?
- What are the growth drivers in developing countries for the Jerky Market?
- Which segment is expected to witness the fastest growth and why in the Jerky Market?
- What are the factors affecting growth in the Jerky Market?
- Who held the largest market share in the Jerky Market?
- What is the current growth rate of the Jerky Market?
- What are the strategies used by competitors in the Jerky Market?
- What are the challenges for the Jerky Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segments | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Component, Deployment Mode, Organization Size and Industry and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
Colostrum Market–The market size is expected to reach USD 2.45 Bn by 2030 at a CAGR of 4.2 percent during the forecast period. It is expected to be driven by rising demand for functional foods and advancements in technologies
Whipping Cream Market–The market size is expected to reach USD 1565.91 Mn by 2030 at a CAGR of 7.4 percent during the forecast period. It is expected to be driven the longer shelf life of whipping cream powder compared to fresh cream and ease of use and storage.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Components and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Production and demand analysis, and client impact studies.
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