Beef Jerky is lean meat that has a very less fat content and is high in protein. The fat is trimmed off from the meat in the beef jerky, the meat is then cut into strips, and then it is dried. The drying is mainly carried out by adding salt and the moisture content should be very less in the commercial sale of beef jerky as this eliminates the need for preservatives
The Key trends Analysis of Beef Jerky also provides dynamics that are responsible for influencing the future Sales and Demand of Beef Jerky market over the forecast period.
Market Overview :-
Most of the manufacturing companies add flavors to the beef jerky during the process of drying and are available in the market in a variety of flavors such as Teriyaki, Sweet BBQ, Sesame. Beef jerky is used as a snacks food that is available in supermarkets around the world.
The demand for beef jerky in the market is high and many manufacturing companies produce it. But the production is concentrated only in specific regions of the world. But the U.S. market has the highest consumption of beef jerky. The growth in the retail sales of beef jerky was observed to be higher than the past years in the United States last year and it has been increasing.
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The recent study by Fact.MR on Beef Jerky Market Demand offers a 10-year forecast. This Beef Jerky market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis along with key stakeholders as well as emerging players associated with the manufacturing of product.
Critical insights enclosed in the report:
- In-depth assessment of the leading Key players Analysis in Beef Jerky Market
- The regional analysis of the different market segments and sub-segments
- Recent mergers, acquisitions, collaborations, partnerships, and R&D activities.
- SWOT analysis of the prominent players in the Beef Jerky market
- Y-o-Y revenue growth of Beef Jerky market during the forecast period
The report covers following Beef Jerky Market insights and assessment that are helpful for all participants involved in the Beef Jerky market:
- Data on recently introduced regulations and their impact on key industries and on demand in Beef Jerky
- Latest industry Analysis on Beef Jerky Market , with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Beef Jerky market and changing consumer preferences in major industries.
- Changing Beef Jerky demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Beef Jerky major players
Beef Jerky: Segmentation
The global beef jerky market has been segmented on the basis of Nature, Flavor and Distribution Channel.
On the basis of nature, the global beef jerky market has been segmented into –
On the basis of flavor, the global beef jerky market has been segmented into –
- Others (Sweet BBQ, Sriracha etc.)
On the basis of distribution channel, the global beef jerky market has been segmented into –
- Specialty stores
- Online retailers
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Further, the Beef Jerky market Survey report emphasizes the adoption pattern And Demand of Beef Jerky Market across various industries.
Competitive Landscape Analysis On Beef Jerky Market:
To provide decision-makers with credible insights on their competitive landscape, the Beef Jerky industry research report includes detailed market competitive landscape analysis.
The competitive landscape analysis for Beef Jerky Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players.
Leading Companies Profiled in the Beef Jerky Market are:
A comprehensive estimate on Demand of Beef Jerky market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Beef Jerky market. Price point comparison by region with global average price is also considered in the study.
Beef Jerky: Key Players
Some of the leading players of the global beef jerky market are Golden Island Jerky Co., Greenport Jerky Company, Weavers Meat, Inc., Cedar Creek Beef Jerky LLC, Country Archer Jerky Co., Kershenstine Beef Jerky Inc., Werner Gourmet Meat Snacks, Inc., Link Snacks Inc., Charqui Jerky Co., Conagra Brands, Inc., The Classic Jerky Company (Pemmican Beef Jerky), Mariani Foods Pty.
Beef Jerky: Opportunities
Due to the increased demand for protein snacks in the world, the food products that are low fat, protein-rich and nutritionally-high are the products that have high market value. Beef jerky completes all of these criteria.
Also, consumers are looking for food that is without any preservatives and is organic. The retail value of beef jerky increases if the product is organically made. The presence of no preservatives in the snack also has high market value. The health conscious people are looking for all these on the label. Such beef jerky products will be high in demand.
Also, the packaging of the products is necessary as the products will be purchased off the racks of the supermarkets or the specialty stores. Thus, a very nice looking product will be in high demand. The proper packaging will also preserve the beef jerky for a longer time.
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Beef Jerky: Recent Developments
Mariani Foods Pty. is an Australian company that manufactures Beef jerky. It has acquired Bare Earth, a UK dried meat products company to expand its company and sales of beef jerky across Europe.
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Key Question answered in the Survey of Beef Jerky market Report By Fact.MR :
- Beef Jerky Company & brand share analysis: Company and brand share analysis on Beef Jerky reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Outlook of Beef Jerky Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Beef Jerky Market
- Beef Jerky Category & segment level analysis: Fact.MR’s Beef Jerky market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify Beef Jerky sales potential and set sales targets at local, country, and regional level.
- Beef Jerky Consumption by demographics: The outlook of Beef Jerky market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Beef Jerky market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis of Beef Jerky : Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
- Beef Jerky market Merger and acquisition activity: MR’s analysis also includes merger & acquisition activity analysis. Beef Jerky manufacturers and stakeholders will not only know the recent M&As but also understand its impact on competitive landscape and market share
- Beef Jerky demand by country: The report forecasts Beef Jerky demand by country giving business leaders the Beef Jerky insights to know fast-growing, stable, and mature markets
Consumption of protein-food being the new trend
The focus has been shifted from that of carbohydrate-rich food to food that is rich in protein. Beef jerky is being used as a snack food that is rich in proteins. And thus there were more sales of beef jerky than that of other snacks that have carbohydrates. Also, beef jerky is rich in nutrition that is an additional benefit.
The addition of preservatives is also not required as the whole moisture content is supposed to be kept to 2% only according to the government guidelines for beef jerky. This reduces the beef jerky getting spoilt by microbial contamination even without preservatives. Also, the salt added to it is known to avoid bacterial contamination and acts as a preservative. This is thus termed as a healthy snack and is thus in high demand.
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