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2022
Pork Jerky Market

Pork Jerky Market by Product (Original, Spicy, and Others), End User (Supermarkets and Malls, Online Shopping Sites, Retail Shops, and Others), and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 235 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Pork jerky is trimmed, striped and dried to avoid deterioration. This drying includes the addition of salt before the process of dehydration is complete; to inhibit the development of germs. All the fundamental "jerky" is a low-temperature drying process where salt is required to suppress microbial growth. The demand for jerky has decreased due to the unavailability of stocks. Disruption in the supply chain and distribution channel is the major cause of the unavailability of stock. The enforcement of the lockdown by the government has halted the operational processes in the manufacturing factories. Consumers have opted for the alternatives of pork jerky thus the demand for this product has reduced in the market. The reduction of demand is negatively affecting the pork jerky market.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

 Segments Covered

 Product, End User, Distribution channel and Region.

 

COVID-19 Impact analysis

  • The pandemic situation is a global public health emergency that has affected almost every industry so far and the long-term effects projected to impact the industry growth during the forecast period. It amplifies the framework to make sure the inclusion of underlying COVID-19 issues and potential paths forward. The main aim is to think about the changes in consumer behavior and demand, purchasing patterns, re-routing of the availability chain, dynamics of current economic process, and therefore the significant interventions of governments.
  • In the Covid-19 pandemic situation demand for jerky has decreased due to the unavailability of stocks. Disruption in the supply chain and distribution channel is the major cause of the unavailability of stock.
  • The enforcement of the lockdown by the government has halted the operational processes in the manufacturing factories. Consumers have opted for the alternatives of pork jerky thus the demand for this product has reduced in the market. The reduction of demand is negatively affecting the pork jerky market.

Top Impacting Factors

  • The growing middle-class population, the increase of high disposable income, rapid urbanization, and change in consumer's taste and preferences are the major driving factor in the growth of the pork jerky market. Consumer inclination towards flavors and interest in consuming dry-aged meat is raising the demand for jerky. 
  • Middle East countries banning pork products are acting as a restraint of growth for the pork jerky market. The manufacturing countries have to work on their products and develop a strategy to sell their products in other countries that can cover up the losses that are incurred in these countries where pork is banned.
  • The introduction of e-commerce is an opportunity for consumers to explore the desired products and buy according to their preference. The pork jerky companies should introduce cuts for jerky so they can attract consumers and influence them to purchase the product.

Market Trends

Surge in demand of high protein and low fat snacks

The meat segment has dominated the marketplace for jerky snacks with quite 50.0% of the entire revenue in 2019. These products are high in protein, minerals, and vitamins. The consumers prefer jerky than the red meats.

Traditionally, jerky was sold as a reasonable, convenient, flavorsome snack and was primarily available at gas stations and convenience stores. Over the past few years, the demand for pork jerky has been emerging among consumers. Pork products account for quite half the revenue share of other meat products, the dominant player of the marketplace for jerky snacks.

Many consumers prefer pork products, as they have a tendency to be more filling than other jerky snacks and are a far better supplement for a meal. Additionally, the jerky products are more convenient due to their lightweight and last for an extended time. This, in turn, makes them perfect for activities like camping and hiking. Some consumers favor pork products due to their health benefits like high protein but low fat.

These products became a favorite and high source of protein for several health and fitness enthusiasts. Furthermore, the supply of the merchandise in several flavors, including original, teriyaki, peppered, mild, and spicy, is additionally working as an appealing factor for consumers.

Key Benefits of the Report

  • This study presents the analytical depiction of the pork jerky industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the pork jerky market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the pork jerky market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed pork jerky market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Who are the leading market players active in the pork jerky market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is "pork jerky" Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "pork jerky" Market?

Key Market Segments

Segments Sub-segments
By Product
  • Original
  • Spicy
  • Others
By End User
  • Supermarkets and Malls
  • Online Shopping Sites
  • Retail Shops
  • Others
By Distribution Channel
  • Offline
  • Online
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa


Key Market Players

  • Fragrant Jerky
  • Three Squirrels
  • Be and Cheery
  • Kerchin
  • Better Made Snack Foods
  • Oberto Sausage Company
  • Zi Ran Pai
  • Lai Yi Fen
  • Bai Cao wei
  • Liang Pin Pu Zi
 
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