Jerky Market Insights, Business Opportunities, Key Players and Forecast to 2025
Research Reports
Jan 18, 2021
Market Analysis
Global Jerky Market is expected to exhibit a strong 6.6% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The global jerky market is expected to reach a valuation of USD 4.9 billion by 2025, according to the MRFR report. The global jerky market is examined in detail in the report, which provides readers with a comprehensive overview of the market by profiling its historical growth drivers and extrapolating their likely impact on the market over the forecast period. The major growth drivers and restraints acting on the global jerky market are profiled in detail in the report.
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Competitive Analysis
Leading players in the Global Jerky Market include The Blue Ox Jerky Company (Blue Ox), Jack Link’s Beef Jerky (Jack Link’s), The Hershey Company (Krave), Oberto Snacks Inc., Conagra Brands (Duke’s, Slim Jim), Country Archer Jerky Co., Devour Foods, Old Trapper, JerkyXP, Marks and Spencer, Wild Bill’s Food, Newport Jerky Company, Boston Jerky Co. LLC, The Greeneville Jerky Company, and Golden Island Jerky Company Inc.
Segmentation
The global Jerky Market is segmented based on source, distribution channel, and region.
By source, the global jerky market is segmented into beef, pork, and poultry. The beef segment holds the largest share in the global jerky market, followed by pork. Beef jerky is widely popular in North America and Europe, which are the major markets for beef jerky. On the other hand, pork jerky is more popular in East Asian countries such as China, Japan, South Korea, and Taiwan, where is pork is more ingrained into the eating habits of the consumers.
Regional Analysis
North America is the leading regional jerky market and is likely to exhibit steady growth over the forecast period, leading to steady dominance in the market. Europe is also a leading regional market for jerky and is likely to be a major revenue generator over the forecast period. Asia Pacific is also an important market for the global jerky market, as jerky products are widely popular in East Asia. The lack of a strong jerky market in India is also good news for players in the jerky market, as this presents them with a high volume of untapped demand.
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