North American Meat Snacks Market Size, Share and Forecast 2020-2026
The North American meat snacks market is anticipated to showcase a moderate CAGR of 3.5% during the forecast period (2020-2026). The key factors that drive the growth of the meat snacks market include the increasing focus of meat snack manufacturers towards innovations. The easily portable packaged snacks make it a convenient option for consumers requiring healthy meat snacks for on-the-go. The rapid growth of the e-commerce sector is again anticipated to drive the growth of the meat snack market across the region owing to its ease of accessibility. As of December 2017, the US had 154,958 stores which generate a revenue of about $550 billion in total sales.
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Thus, the increase in the
retail sales of the foods is likely to create a scope for market growth in the
near future. As per the International Trade Administration (ITA), the US has
well-established distribution channels for all types of retail companies. The
retail services industry provides an openly competitive environment that
fosters strong business operations and spurs innovations that increase
efficiency and reliability. As the customers are demanding quick delivery, big
tech companies like Amazon and Google are even starting to offer same-day
delivery to meet the ever-rising customer expectations. Thus, easy
availability, affordability, and willingness to buy are driving the North
American meat snack market.
Market Coverage
·
The market number available for – 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Product Type, Distribution
Channel
·
Competitive Landscape- PepsiCo, Inc., The Hersey
Co., Conagra Brands Inc., Hormel Foods Corp., Jack Link's LLC, Thanasi Foods,
Beyond Meat
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North American Meat Snacks Market Report Segment
By Product Type
·
Jerky
·
Sticks
·
Sausages
·
Others
By Distribution Channel
·
Convenience Stores
·
Supermarket/Hypermarket
·
Online Store
North American Meat Snacks Market Report Segment by
Region
·
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.
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