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Meat Snacks Market Expected to Hit 17.68B Globally by 2028

Meat Snacks Market Expected to Hit 17.68B Globally by 2028


NEW YORK, NY
Thursday, December 1st, 2022

The Insight Partners recently published revealing insights on the Meat Snacks Market and its predicted growth through 2028. Analyzing the category by type, source, distribution channel, geography, and more, the research company has shared vital information that can impact how suppliers and retailers approach this burgeoning sector.

According to a press release, the market size value for 2022 is currently over $12.1 billion, with an expected valuation of over $17.6 billion in 2028. Insight Partners have predicted a CAGR of 6.4 percent from 2022 to 2028.

The global meat market size value for 2022 is currently over $12.1 billion, with an expected valuation of over $17.6 billion in 2028

Based on type, the meat snacks market is segmented into jerky, meat sticks, sausages, and others, with the jerky segment holding the largest market share in 2021, whereas the meat sticks segment is expected to register the highest CAGR during the forecast period. The source also noted that, due to the increasing prevalence of obesity and heart diseases, consumers are preferring low-fat meat products, a factor that is driving the demand for chicken-based meat snacks among consumers.

The comprehensive market report also analyzes the competitive landscape and key developments, rising awareness regarding lab-grown and cultured meat products, the impact of the COVID-19 pandemic, and more.

For a sample of the report, click here. To purchase the report in full, click here.

Stay tuned as DMN brings forth more insightful market reports like this one.

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