The market size is expected to continue to grow
According to Mordor, the meat snack market size will be around $19.37 billion in 2024. This figure is expected to reach USD 26.75 billion by 2029, registering a CAGR of 6.67% during the forecast period (2024-2029). This growth is primarily driven by consumer preference for portable snack products.
Product features that consumers love
Modern consumers are increasingly valuing the preservative-free, controllable portion sizes and variety of tastes and textures of snack products. Grass-fed meat snacks are gradually becoming a popular choice in the market. These products are not only in line with health and environmental trends, but also cater to consumer demand for high-quality snacks.
Competitiveness in the meat snack market
Despite the continued popularity of plant-based protein products, meat snacks are not in danger of disappearing. According to SPINS’ research, meat snacks have a strong presence in convenience stores, which makes them still important in the market. The diverse needs of consumers ensure the continued growth of meat snacks in the future.
summary
Overall, the meat snack market will continue to grow in the coming years. Consumer demand for healthy, convenient, and diverse snacks is driving the growth of this market. The popularity of grass-fed meat snacks and the sales advantage of convenience stores have ensured that this market remains competitive in the face of plant-based protein products.