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Pork Jerky Market Size, Share, Competitive Landscape and Trend Analysis Report by Consumption, by Type, by Nature, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2032

Pork Jerky Market Size, Share, Competitive Landscape and Trend Analysis...

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Pork Jerky Market Size, Share, Competitive Landscape and Trend Analysis Report by Consumption, by Type, by Nature, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2032
Pork Jerky Market Size, Share,...
Report Code
RO7/128/1080

Publish Date
24/Jun/2024

Pages
200
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The global pork jerky market revenue was around US$ 855.5 billion in 2023 and is estimated to reach US$ 1.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2024 to 2032.
Pork jerky is a segment of processed pork meat. It is made of lean-trimmed pork strips that have been cut into strips and dried to prolong their shelf life and stop spoiling. In North American and European homes, it is mostly eaten as a snack. Only lean pork meat that is, meat pieces with 10% or less fat is used to make pork jerky.
Factors Influencing Market Growth
- The rise in popularity of savory snacks among household consumers will propel the global market growth.
- The growing preferences for nutritional meat-based snacks among global consumers, along with rising household income, are increasing the demand for pork jerky, thus expanding the market.
- The ease and conveniences associated with ready-to-cook pork jerky products and their longer shelf life have boosted demand for pork jerky, boosting market growth.
- The increasing preference of consumers toward mock meats (meat substitutes) may hinder market growth.
Impact of COVID-19
COVID-19 had a positive impact on the market. There was a closure of restaurants and increased consumption of processed food at home. As soon as the government allowed home delivery of food items, sales eventually increased. During the lockdown period, online food delivery platforms such as Zomato, Dunzo, and Deliveroo played an essential role in increasing the sales of pork jerky products.
Regional Insights
North America dominated the market in 2023. This is because of the increase in popularity of fast-food chains, cafes, and hotels in the region. There is a surge in the working population, an increase in disposable income, and higher demand for ready-to-cook and ready-to-eat food products in this region. Due to the higher density of lodging facilities, fast food restaurants, and coffee shops, the United States leads the world in pork jerky consumption. Because of this, it is expected that the United States will continue to rule during the projection period.
Leading Competitors
- Conagra Brands, Inc.
- Beyond Meat
- Tiki Hawaiian Gourmet Jerky
- Link Snacks, Inc.
- Premium Brands Holdings Corporation
- Divine Bovine Jerky
- GoBacon Jerky, LLC.
- Meat Maniac
- Big Fork Brands
- Three Squirrels Co., Ltd.
- Wicked Cutz
- The Meat Makers
- Fragrant Jerky (USA) Singapore-Style Fire-Grilled Jerky
- Other Prominent Players
Segmentation Analysis
The global pork jerky market segmentation focuses on type, consumption, distribution channel, nature, and region.
Segmentation based on Type
- Spicy
- Sweet
- Salty
- Savory
Segmentation based on Consumption
- Food at home (FAH)
- Maple
- Sriracha
- Applewood
- Pepper
- Others
- Food away from home (FAFH)
- Maple
- Sriracha
- Applewood
- Pepper
- Others
Segmentation based on Distribution Channel
- HoReCa
- Modern Trade
- Independent Groceries and Retailers
- Online Sales
Segmentation based on Nature
- Organic
- Conventional
Segmentation based on Region
- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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