South & Central America Meat Snacks Market Forecast to 2028

At 6.5% CAGR, the South & Central America Meat Snacks Market is Speculated to be Worth US$ 1,500.95 million by 2028, says the research team

According to the research team’ research, the South & Central America meat snacks market was valued at US$ 1,026.87 million in 2022 and is expected to reach US$ 1,500.95 million by 2028, registering a CAGR of 6.5% from 2022 to 2028. Increasing demand for high-protein snacks, surging popularity of chicken-based meat snacks, advent of lab-grown or cultured meat are among the critical factors attributed to the South & Central America meat snacks market expansion.

Since the past few years, the awareness toward animal cruelty has been increasing, as they are heavily tortured and abused in slaughterhouses. Although veterinary standards and the meat industry prohibit several abusive practices in factory farming, there are cases of animal cruelty documented by the animal rights groups that need serious attention. Hence, people are rigorously seeking for products that do not support animal cruelty and are made of ethically sourced ingredients. However, some people cannot quit meat consumption easily and switch to meat analogs or plant-based meat products due to their distinguished organoleptic properties. Such alternatives and practices surge the demand for cell-cultured or lab-grown meat among consumers.

Cell-cultured meat is produced by vitro cultivation of animal cells and does not involve slaughtering. With the rising awareness, the cell-cultured or lab-grown meat is expected to witness tremendous growth in the coming years. A large number of companies are expanding their production infrastructure with technological assistance to develop lab-grown meat, a sustainable alternative to the conventional one. Mosa Meat offers lab-grown meat burgers made using beef produced from cow cells. Similarly, Aleph Farms produces beef steaks using cow cells. Thus, the demand for meat snacks made from cell-cultured meat is anticipated to surge tremendously during the forecast period.

On the contrary, increasing vegan population hurdles the growth of South & Central America meat snacks market.

Based on type, the South & Central America meat snacks market is segmented into jerky, meat sticks, sausages, and others. The jerky segment held 42.2% share of South & Central America meat snacks market in 2022, amassing US$ 432.91 million. It is projected to garner US$ 635.30 million by 2028 to expand at 6.6% CAGR during 2022-2028.

Based on source, the South & Central America meat snacks market is segmented into beef, chicken, pork, and others. The beef segment held 69.2% share of South & Central America meat snacks market in 2022, amassing US$ 711.03 million. It is projected to garner US$ 1,033.42 million by 2028 to expand at 6.4% CAGR during 2022-2028.

Based on category, the South & Central America meat snacks market is segmented into plain and flavored. The flavored segment held 87.5% share of South & Central America meat snacks market in 2022, amassing US$ 899.01 million. It is projected to garner US$ 1,348.01 million by 2028 to expand at 7.0% CAGR during 2022-2028.

Based on distribution channel, the South & Central America meat snacks market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hyper markets segment held 61.3% share of South & Central America meat snacks market in 2022, amassing US$ 629.24 million. It is projected to garner US$ 913.39 million by 2028 to expand at 6.4% CAGR during 2022-2028.

Based on country, the South & Central America meat snacks market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 49.5% share of South & Central America meat snacks market in 2022. It was assessed at US$ 508.42 million in 2022 and is likely to hit US$ 725.48 million by 2028, exhibiting a CAGR of 6.1% during 2022-2028.

Key players operating in the South & Central America meat snacks market are Conagra Brands, Inc, General Mills Inc, Hormel Foods Corporation, Link Snacks Inc, and Tyson Foods Inc, among others.

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. South & Central America 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. South & Central America 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 – South & Central America Market Analysis
6.1 Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
7. South & Central America Meat Snacks Market Analysis – By Type
7.1 Overview
7.2 South & Central America Meat Snacks Market, By Type (2021 and 2028)
7.3 Jerky
7.3.1 Overview
7.3.2 Jerky: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Meat Sticks
7.4.1 Overview
7.4.2 Meat Sticks: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Sausages:
7.5.1 Overview
7.5.2 Sausages: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: South & Central America Meat Snacks Market- Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Meat Snacks Market Analysis – By Source
8.1 Overview
8.2 South & Central America Meat Snacks Market, By Source (2021 and 2028)
8.3 Beef
8.3.1 Overview
8.3.2 Beef: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Chicken
8.4.1 Overview
8.4.2 Chicken: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Pork
8.5.1 Overview
8.5.2 Pork: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Meat Snacks Market Analysis – By Category
9.1 Overview
9.2 South & Central America Meat Snacks Market, By Category (2021 and 2028)
9.3 Plain
9.3.1 Overview
9.3.2 Plain: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Flavored
9.4.1 Overview
9.4.2 Flavored: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Meat Snacks Market Analysis – By Distribution Channel
10.1 Overview
10.2 South & Central America Meat Snacks Market, By Distribution Channel (2021 and 2028)
10.3 Supermarkets and Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets and Hypermarkets: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Convenience Stores
10.4.1 Overview
10.4.2 Convenience Stores: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: South & Central America Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11. South & Central America Meat Snacks Market – Country Analysis
11.1 South and Central America: Meat Snacks Market
11.1.1 South and Central America: Meat Snacks Market, by Key Country
11.1.1.1 Brazil: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Brazil: Meat Snacks Market, By Type
11.1.1.1.2 Brazil: Meat Snacks Market, by Source
11.1.1.1.3 Brazil: Meat Snacks Market, By Category
11.1.1.1.4 Brazil: Meat Snacks Market, by Distribution Channel
11.1.1.2 Argentina: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Argentina: Meat Snacks Market, By Type
11.1.1.2.2 Argentina: Meat Snacks Market, by Source
11.1.1.2.3 Argentina: Meat Snacks Market, By Category
11.1.1.2.4 Argentina: Meat Snacks Market, by Distribution Channel
11.1.1.3 Rest of South and Central America: Meat Snacks Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Rest of South and Central America: Meat Snacks Market, By Type
11.1.1.3.2 Rest of South and Central America: Meat Snacks Market, by Source
11.1.1.3.3 Rest of South and Central America: Meat Snacks Market, By Category
11.1.1.3.4 Rest of South and Central America: 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 Conagra Brands, 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
13.5 Link Snacks Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About Research Team
14.2 Word Index

Table 1. South & Central America Meat Snacks Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of South and Central America Meat Snacks Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of South and Central America Meat Snacks Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of South and Central America Meat Snacks Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of South and Central America Meat Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation

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