Jerky is a meat snack that is cut into strips and dehydrated to prevent it from spoiling. The dehydration process also involves the usage of salts as a natural preservative to contain microbial growth. The modern jerky is often marinated with a mixture of various seasonings. As jerky is precooked and shelf-stable, it is a ready-to-eat food item that requires no additional preparation. It is a healthy snacking option that can be conveniently carried along during outdoor activities, road trips, sports events, etc.
MARKET DYNAMICS
The increasing demand for on-the-go food products that require minimum efforts to prepare has been a major factor behind the growth of the jerky market. Innovation in packaging technologies, availability of jerky products with different flavors, and reasonable pricing of the products have led to significant consumptions of jerky. The falling prices of red meat and the steady per capita consumption of jerky have spurred the growth of the jerky market. Besides its widespread popularity in North America and Europe, the growing popularity of jerky in East Asia is expected to boost the demand for jerky. The increasing demand for protein-rich and nutritious snacks has cascaded the demands for jerky across the globe. The jerky industry has witnessed a surge in the demand for natural and clean-label jerky products owing to the changing consumer tastes and preferences. This trend is likely to influence the jerky industry as major manufacturers are expected to expand their consumer base and launch clean label jerky products.
MARKET SCOPE
The "Global Jerky Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the jerky market with detailed market segmentation by source, distribution channel, and geography. The global jerky market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading jerky market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global jerky market is segmented on the basis of source and distribution channel. On the basis of source, the jerky market is segmented into, beef, pork, poultry, and others. On the basis of distribution channel, the market is bifurcated into, hypermarkets and supermarkets, convenience stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global jerky market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The jerky market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the jerky market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the jerky market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global jerky market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The jerky market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the jerky market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the jerky market in these regions.
MARKET PLAYERS
The reports cover key developments in the jerky market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from jerky market are anticipated to lucrative growth opportunities in the future with the rising demand for jerky in the global market. Below mentioned is the list of few companies engaged in the jerky market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the jerky market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Boston Jerky Co. LLC
- Conagra Brands
- Country Archer Jerky Co.
- Devour Foods
- Golden Island Jerky Company Inc
- Jack Link's Beef Jerky
- Newport Jerky Company
- Oberto Snacks Inc.
- The Blue Ox Jerky Company
- The Hershey Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Jerky Market - By Source
1.3.2 Jerky Market - By Distribution Channel
1.3.3 Jerky Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. JERKY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. JERKY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. JERKY MARKET - GLOBAL MARKET ANALYSIS
6.1. JERKY - GLOBAL MARKET OVERVIEW
6.2. JERKY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. JERKY MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
7.1. OVERVIEW
7.2. SOURCE MARKET FORECASTS AND ANALYSIS
7.3. BEEF
7.3.1. Overview
7.3.2. Beef Market Forecast and Analysis
7.4. PORK
7.4.1. Overview
7.4.2. Pork Market Forecast and Analysis
7.5. POULTRY
7.5.1. Overview
7.5.2. Poultry Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. JERKY MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. HYPERMARKETS AND SUPERMARKETS
8.3.1. Overview
8.3.2. Hypermarkets and Supermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience Stores Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. JERKY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Jerky Market Overview
9.1.2 North America Jerky Market Forecasts and Analysis
9.1.3 North America Jerky Market Forecasts and Analysis - By Source
9.1.4 North America Jerky Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Jerky Market Forecasts and Analysis - By Countries
9.1.5.1 United States Jerky Market
9.1.5.1.1 United States Jerky Market by Source
9.1.5.1.2 United States Jerky Market by Distribution Channel
9.1.5.2 Canada Jerky Market
9.1.5.2.1 Canada Jerky Market by Source
9.1.5.2.2 Canada Jerky Market by Distribution Channel
9.1.5.3 Mexico Jerky Market
9.1.5.3.1 Mexico Jerky Market by Source
9.1.5.3.2 Mexico Jerky Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Jerky Market Overview
9.2.2 Europe Jerky Market Forecasts and Analysis
9.2.3 Europe Jerky Market Forecasts and Analysis - By Source
9.2.4 Europe Jerky Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Jerky Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Jerky Market
9.2.5.1.1 Germany Jerky Market by Source
9.2.5.1.2 Germany Jerky Market by Distribution Channel
9.2.5.2 France Jerky Market
9.2.5.2.1 France Jerky Market by Source
9.2.5.2.2 France Jerky Market by Distribution Channel
9.2.5.3 Italy Jerky Market
9.2.5.3.1 Italy Jerky Market by Source
9.2.5.3.2 Italy Jerky Market by Distribution Channel
9.2.5.4 United Kingdom Jerky Market
9.2.5.4.1 United Kingdom Jerky Market by Source
9.2.5.4.2 United Kingdom Jerky Market by Distribution Channel
9.2.5.5 Russia Jerky Market
9.2.5.5.1 Russia Jerky Market by Source
9.2.5.5.2 Russia Jerky Market by Distribution Channel
9.2.5.6 Rest of Europe Jerky Market
9.2.5.6.1 Rest of Europe Jerky Market by Source
9.2.5.6.2 Rest of Europe Jerky Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Jerky Market Overview
9.3.2 Asia-Pacific Jerky Market Forecasts and Analysis
9.3.3 Asia-Pacific Jerky Market Forecasts and Analysis - By Source
9.3.4 Asia-Pacific Jerky Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Jerky Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Jerky Market
9.3.5.1.1 Australia Jerky Market by Source
9.3.5.1.2 Australia Jerky Market by Distribution Channel
9.3.5.2 China Jerky Market
9.3.5.2.1 China Jerky Market by Source
9.3.5.2.2 China Jerky Market by Distribution Channel
9.3.5.3 India Jerky Market
9.3.5.3.1 India Jerky Market by Source
9.3.5.3.2 India Jerky Market by Distribution Channel
9.3.5.4 Japan Jerky Market
9.3.5.4.1 Japan Jerky Market by Source
9.3.5.4.2 Japan Jerky Market by Distribution Channel
9.3.5.5 South Korea Jerky Market
9.3.5.5.1 South Korea Jerky Market by Source
9.3.5.5.2 South Korea Jerky Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Jerky Market
9.3.5.6.1 Rest of Asia-Pacific Jerky Market by Source
9.3.5.6.2 Rest of Asia-Pacific Jerky Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Jerky Market Overview
9.4.2 Middle East and Africa Jerky Market Forecasts and Analysis
9.4.3 Middle East and Africa Jerky Market Forecasts and Analysis - By Source
9.4.4 Middle East and Africa Jerky Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Jerky Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Jerky Market
9.4.5.1.1 South Africa Jerky Market by Source
9.4.5.1.2 South Africa Jerky Market by Distribution Channel
9.4.5.2 Saudi Arabia Jerky Market
9.4.5.2.1 Saudi Arabia Jerky Market by Source
9.4.5.2.2 Saudi Arabia Jerky Market by Distribution Channel
9.4.5.3 U.A.E Jerky Market
9.4.5.3.1 U.A.E Jerky Market by Source
9.4.5.3.2 U.A.E Jerky Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Jerky Market
9.4.5.4.1 Rest of Middle East and Africa Jerky Market by Source
9.4.5.4.2 Rest of Middle East and Africa Jerky Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Jerky Market Overview
9.5.2 South and Central America Jerky Market Forecasts and Analysis
9.5.3 South and Central America Jerky Market Forecasts and Analysis - By Source
9.5.4 South and Central America Jerky Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Jerky Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Jerky Market
9.5.5.1.1 Brazil Jerky Market by Source
9.5.5.1.2 Brazil Jerky Market by Distribution Channel
9.5.5.2 Argentina Jerky Market
9.5.5.2.1 Argentina Jerky Market by Source
9.5.5.2.2 Argentina Jerky Market by Distribution Channel
9.5.5.3 Rest of South and Central America Jerky Market
9.5.5.3.1 Rest of South and Central America Jerky Market by Source
9.5.5.3.2 Rest of South and Central America Jerky Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. JERKY MARKET, KEY COMPANY PROFILES
11.1. BOSTON JERKY CO. LLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CONAGRA BRANDS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COUNTRY ARCHER JERKY CO.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DEVOUR FOODS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GOLDEN ISLAND JERKY COMPANY INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JACK LINK'S BEEF JERKY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NEWPORT JERKY COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OBERTO SNACKS INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THE BLUE OX JERKY COMPANY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE HERSHEY COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Boston Jerky Co. LLC
2. Conagra Brands
3. Country Archer Jerky Co.
4. Devour Foods
5. Golden Island Jerky Company Inc
6. Jack Link's Beef Jerky
7. Newport Jerky Company
8. Oberto Snacks Inc.
9. The Blue Ox Jerky Company
10. The Hershey Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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