Europe Meat Snacks Market Forecast to 2028

Europe Meat Snacks Market Forecast to 2028

Europe Meat Snacks Market Forecast to 2028 – Regional Analysis – by Type (Jerky, Meat Sticks, Sausages, and Others), Source (Beef, Chicken, Pork, and Others), Category (Plain and Flavored), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)

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Description

The Europe meat snacks market is expected to grow from US$ 3,307.00 million in 2022 to US$ 4,747.45 million by 2028. It is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

Increasing Demand for High-Protein Snacks Fuels Europe Meat Snacks Market

Since the past few years, the busy lifestyle and hectic work schedules have significantly increased the demand for convenience food. Regular meals are getting replaced with convenience food as it saves cooking time and still offers required nutrition. Nowadays, people seek functional benefits from all the food products they consume due to increased health and wellness concerns. They are progressively adopting healthier lifestyle due to rising prevalence of various diseases, such as obesity, diabetes, and cardiac disorders. The growing consumption of junk and highly processed food coupled with the lack of physical activities has led to chronic health issues that need attention. As a result, consumers are altering their dietary habits and gravitating toward low-fat, low-calorie, high-protein, and flavored food products that can satiate taste buds and also serve nutritional requirements. With the rising preference of healthy and junk-free products, snacking habits of consumers are evolving substantially leading to the surging demand for meat snacks worldwide.

Although, people enjoy snacking due to flexible consumption, the rising awareness toward health and fitness engage them in healthy dietary habits, which, in turn, drives the demand for protein-rich and largely flavored meat snacks. Being a good source of iron, creatine, vitamins, and minerals, meat snacks are highly suitable for people seeking high-protein and low-carb diet. Besides, consumers shifting rapidly toward high-protein diet post COVID-19 pandemic due to enhanced health consciousness, fuels the growth of Europe meat snacks market.

Europe Meat Snacks Market Overview

The meat snacks market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The market growth is attributed to a rising trend of snacking, changing lifestyles, and rising disposable income of consumers. The shift from conventional, locally available, butchered meat to packaged meat products is growing due to the fast-tracked life of consumers in developing and developed countries of Europe. Further, the rising popularity of different cuisines seasoned with regional and local flavors among Europeans is driving the demand for meat snacks. In Europe, the UK and Germany are witnessing significant demand for poultry meat as consumers are becoming more concerned about the high-fat content in red meat. According to the European Union’s data, poultry meat consumption is anticipated to reach 24.6 kg per capita by 2030, as poultry meat is considered to be a cheap, healthy, and sustainable product. Hence, the demand for chicken or turkey-based jerky, meat sticks, and sausages is expected to gain immense traction among European consumers in the coming years. Also, national and international meat snack manufacturers are adopting strategic alliances to grow their businesses. For instance, in September 2017, Link Snacks, Inc.—the US-based meat snack manufacturer, planned to increase its production capacity with a central new facility in the UK to achieve its aggressive European growth plans. Therefore, such initiatives by the key market players are expected to augment the meat snacks market in the coming years.

Europe Meat Snacks Market Revenue and Forecast to 2028 (US$ Million)

Europe Meat Snacks Market Segmentation

The Europe meat snacks market is segmented into type, source, category, distribution channel and country.

Based on type, the Europe meat snacks market is segmented into jerky, meat sticks, sausages, and others. The jerky segment registered the largest Europe meat snacks market share in 2022.

Based on source, the Europe meat snacks market is segmented into beef, chicken, pork, and others. The beef segment held the largest Europe meat snacks market share in 2022.

Based on category, the Europe meat snacks market is segmented into plain and flavored. The flavored segment held a larger Europe meat snacks market share in 2022.

Based on distribution channel, the Europe meat snacks market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hyper markets segment held the largest Europe meat snacks market share in 2022.

Based on country, the Europe meat snacks market has been categorized into Germany, France, Italy, The UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe meat snacks market in 2022.

General Mills Inc, Hormel Foods Corporation, Link Snacks Inc, and Tyson Foods Inc are some of the leading companies operating in the meat snacks market in the region.

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At 6.2% CAGR, the Europe Meat Snacks Market is Speculated to be Worth US$ 4,747.45 Million by 2028, says the research team

According to the research team’ research, the Europe meat snacks market was valued at US$ 3,307.00 million in 2022 and is expected to reach US$ 4,747.45 million by 2028, registering a CAGR of 6.2% from 2022 to 2028. Increasing demand for high-protein snacks and surging popularity of chicken-based meat snacks are among the critical factors attributed to the Europe meat snacks market expansion.

Most of the meat-based snacks available in the market are made from beef and pork. However, with increased health and wellness concerns, people are opting for leaner sources of animal protein. The consumption of beef, pork, lamb, and other meat containing high saturated fats increase blood cholesterol levels, which would eventually promote risk factors for heart diseases, obesity, and high blood pressure. Therefore, consumers are increasingly preferring chicken-based meat products to fulfil the protein requirements while keeping the calorie count in control.

Moreover, beef, lamb, and pork account for majority of carbon footprints among all meat sources. The conscious consumers are preferring chicken as it accounts less carbon emissions than beef, lamb, and pork meat. This has created a massive demand for chicken-based snacks across the globe.

With the rising demand for chicken-based meat snacks, producers are launching newer products to appeal to a large chunk of consumers. Thus, the immense traction of such flavored meat products is triggering the meat snacks market growth.

On the contrary, increasing vegan population hurdles the growth of Europe meat snacks market.

Based on type, the Europe meat snacks market is segmented into jerky, meat sticks, sausages, and others. The jerky segment held 37.8% share of Europe meat snacks market in 2022, amassing US$ 1,251.53 million. It is projected to garner US$ 1,809.28 million by 2028 to expand at 6.3% CAGR during 2022-2028.

Based on source, the Europe meat snacks market is segmented into beef, chicken, pork, and others. The beef segment held 62.4% share of Europe meat snacks market in 2022, amassing US$ 2,063.32 million. It is projected to garner US$ 2,940.68 million by 2028 to expand at 6.1% CAGR during 2022-2028.

Based on category, the Europe meat snacks market is segmented into plain and flavored. The flavored segment held 83.9% share of Europe meat snacks market in 2022, amassing US$ 2,773.07 million. It is projected to garner US$ 4,053.71 million by 2028 to expand at 6.5% CAGR during 2022-2028.

Based on distribution channel, the Europe meat snacks market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hyper markets segment held 54.9% share of Europe meat snacks market in 2022, amassing US$ 1,815.54 million. It is projected to garner US$ 2,575.05 million by 2028 to expand at 6.0% CAGR during 2022-2028.

Based on country, the Europe meat snacks market has been categorized into Germany, France, Italy, The UK, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 40.8% share of Europe meat snacks market in 2022. It was assessed at US$ 1,349.38 million in 2022 and is likely to hit US$ 1,868.44 million by 2028, exhibiting a CAGR of 5.6% during 2022-2028.

Key players operating in the Europe meat snacks market are General Mills Inc, Hormel Foods Corporation, Link Snacks Inc, and Tyson Foods Inc, among others.

In 2022, Tyson Brand Launched Eerie-sistable Limited-Edition Halloween-Shaped Nuggets. In 2021, Tyson Foods Unveiled Hillshire Farm SNACKED! to Meet Growing Demand for Kids Snacking.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe meat snacks market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Europe meat snacks market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the meat snacks market as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Europe Meat Snacks Market Overview
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 The Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Europe Meat Snacks Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for High-Protein Snacks
5.1.2 Surging Popularity of Chicken-Based Meat Snacks
5.1.3 Strategic Developments by Key Market Players
5.2 Market Restraints
5.2.1 Increasing Vegan Population
5.3 Market Opportunities
5.3.1 Rising Popularity of Clean-Label and Organic Meat Snacks
5.4 Future Trends
5.4.1 Advent of Lab-Grown/Cultured Meat
5.5 Impact Analysis of Drivers and Restraints
6. Meat Snacks – Europe Market Analysis
6.1 Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
7. Europe Meat Snacks Market Analysis – By Type
7.1 Overview
7.2 Europe Meat Snacks Market, By Type (2021 and 2028)
7.3 Jerky
7.3.1 Overview
7.3.2 Jerky: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Meat Sticks
7.4.1 Overview
7.4.2 Meat Sticks: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Sausages:
7.5.1 Overview
7.5.2 Sausages: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Europe Meat Snacks Market- Revenue and Forecast to 2028 (US$ Million)
8. Europe Meat Snacks Market Analysis – By Source
8.1 Overview
8.2 Europe Meat Snacks Market, By Source (2021 and 2028)
8.3 Beef
8.3.1 Overview
8.3.2 Beef: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Chicken
8.4.1 Overview
8.4.2 Chicken: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Pork
8.5.1 Overview
8.5.2 Pork: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Meat Snacks Market Analysis – By Category
9.1 Overview
9.2 Europe Meat Snacks Market, By Category (2021 and 2028)
9.3 Plain
9.3.1 Overview
9.3.2 Plain: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Flavored
9.4.1 Overview
9.4.2 Flavored: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Meat Snacks Market Analysis – By Distribution Channel
10.1 Overview
10.2 Europe Meat Snacks Market, By Distribution Channel (2021 and 2028)
10.3 Supermarkets and Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets and Hypermarkets: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Convenience Stores
10.4.1 Overview
10.4.2 Convenience Stores: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Europe Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11. Europe Meat Snacks Market – Country Analysis
11.1 Europe: Meat Snacks Market
11.1.1 Europe: Meat Snacks Market, by Key Country
11.1.1.1 Germany: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: Meat Snacks Market, By Type
11.1.1.1.2 Germany: Meat Snacks Market, by Source
11.1.1.1.3 Germany: Meat Snacks Market, By Category
11.1.1.1.4 Germany: Meat Snacks Market, by Distribution Channel
11.1.1.2 UK: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UK: Meat Snacks Market, By Type
11.1.1.2.2 UK: Meat Snacks Market, by Source
11.1.1.2.3 UK: Meat Snacks Market, By Category
11.1.1.2.4 UK: Meat Snacks Market, by Distribution Channel
11.1.1.3 France: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 France: Meat Snacks Market, By Type
11.1.1.3.2 France: Meat Snacks Market, by Source
11.1.1.3.3 France: Meat Snacks Market, By Category
11.1.1.3.4 France: Meat Snacks Market, by Distribution Channel
11.1.1.4 Italy: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Italy: Meat Snacks Market, By Type
11.1.1.4.2 Italy: Meat Snacks Market, by Source
11.1.1.4.3 Italy: Meat Snacks Market, By Category
11.1.1.4.4 Italy: Meat Snacks Market, by Distribution Channel
11.1.1.5 Russia: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Meat Snacks Market, By Type
11.1.1.5.2 Russia: Meat Snacks Market, by Source
11.1.1.5.3 Russia: Meat Snacks Market, By Category
11.1.1.5.4 Russia: Meat Snacks Market, by Distribution Channel
11.1.1.6 Rest of Europe: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Meat Snacks Market, By Type
11.1.1.6.2 Rest of Europe: Meat Snacks Market, by Source
11.1.1.6.3 Rest of Europe: Meat Snacks Market, By Category
11.1.1.6.4 Rest of Europe: Meat Snacks Market, by Distribution Channel
12. Industry Landscape
12.1 Overview
12.2 New Product Development
12.3 Merger and Acquisition
13. Company Profiles
13.1 Tyson Foods Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 General Mills Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Hormel Foods Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Link Snacks Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
14. Appendix
14.1 About Research Team
14.2 Word Index

LIST OF TABLES

Table 1. Europe Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. UK Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. UK Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10. France Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. France Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 12. France Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 13. France Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Meat Snacks Market Segmentation
Figure 2. Europe Meat Snacks Market Segmentation – By Country
Figure 3. Europe Meat Snacks Market Overview
Figure 4. Europe Meat Snacks Market: By Type
Figure 5. Europe Meat Snacks Market: By Country
Figure 6. Porter’s Five Forces Analysis: Europe Meat Snacks Market
Figure 7. Europe Expert Opinion
Figure 8. Ecosystem: Europe Meat Snacks Market
Figure 9. Europe Meat Snacks Market Impact Analysis of Drivers and Restraints
Figure 10. Europe: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Meat Snacks Market Revenue Share, By Type (2021 and 2028)
Figure 12. Jerky: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Meat Sticks: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Sausages: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: Europe Meat Snacks Market- Revenue and Forecast To 2028 (US$ Million)
Figure 16. Europe Meat Snacks Market Revenue Share, By Source (2021 and 2028)
Figure 17. Beef: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Chicken: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Pork: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Europe Meat Snacks Market Revenue Share, By Category (2021 and 2028)
Figure 22. Plain: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Flavored: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Europe Meat Snacks Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 25. Supermarkets and Hypermarkets: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Convenience Stores: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Online Retail: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Others: Europe Meat Snacks Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Europe: Meat Snacks Market Revenue, by Key Country (2021) (US$ Million)
Figure 30. Europe: Meat Snacks Market Revenue Share, by Key Country (2021 and 2028)
Figure 31. Germany: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. UK: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. France: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Russia: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of Europe: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies – Europe Meat Snacks Market
o General Mills Inc.
o Hormel Foods Corporation
o Link Snacks Inc.
o Tyson Foods Inc.

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