Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,000 Million | USD 4,000 Million | 5% | 2023 |
The global dehydrated meat product market size was evaluated at $1,000 million in 2023 and is slated to hit $4,000 million by the end of 2032 with a CAGR of nearly 5% between 2024 and 2032.
Dehydrated meat product is made through the removal of water from raw meat by the process of freezing and drying. It can either be carried out naturally or mechanically. Furthermore, dehydrated meat can be easily stored and transported owing to its compactness & lightweight. Apart from this, dehydrating meat assists in decreasing food waste through preservation.
Rising consumption of convenience foods to drive the global market trends over forecast period
Huge demand for on-the-go snacks and the need for products having huge protein contents will boost the global dehydrated meat product market trends. In addition to this, the dehydrated meat comprises reduced meat contents, thereby reducing the probability of microbe contamination. This, in turn, will spearhead the expansion of the global market. A surging preference for convenience diets and changes in lifestyles along with a rise in the disposable income of consumers is projected to embellish the growth of the market across the globe. Easy availability of the product on the shelves of supermarkets & hypermarkets in Europe and North America will embellish the growth of the market globally.
Easy access to local products at lower costs can impact the growth of the global industry
Strict government laws pertaining to food safety & food quality and the high costs of raw components used for producing dehydrated meat products will shrink the expansion of the global dehydrated meat product industry. Lack of awareness about product benefits among the people living in remote regions can hinder global industry growth.
Rapid expansion in the supply chain in retail sector can open new growth avenues for the global market
A prominent increase in the number of commercial distributors along with a rise in the promotional activities for the product and product branding will sketch a profitable growth map for the global dehydrated meat product market. Apart from this, supportive government policies will further promulgate the scope of the global market in the foreseeable future.
Growing trend among the youth about vegan food consumption can challenge the growth of the global industry
A rise in the energy costs and availability of low food capacity in food dehydrators can prove to be a huge challenge for the global dehydrated meat product industry. Rise in export duties along with political instabilities leading to changing food policies and a ban on meat consumption in some countries due to their culture, traditions, and customs can restrict the growth of the industry across the globe. Moreover, changing food habits can impact the growth of the global industry severely.
The global dehydrated meat product market is divided into packaging, type, technology, and region.
In packaging terms, the dehydrated meat product market across the globe is bifurcated into frozen and canned segments. Additionally, the frozen segment, which gathered nearly 69% of the global market earnings in 2023, is expected to record the fastest annual growth rate in the forecast timeline. The expansion of the segment in the next couple of years can be a result of large-scale demand for frozen packaging as it helps in reducing product weight and increasing the shelf-life of the product.
Based on the type, the global dehydrated meat product industry is divided into jerky, chicken, hog, pork, lamb, and beef segments. Moreover, the jerky segment, which accumulated approximately 57% of the global industry share in 2023, is predicted to make lucrative contributions towards the global industry earnings in the coming eight years. The segmental growth in the ensuing years can be credited to most of the products being jerky and the taste of jerky products is delicious and savory.
Based on the technology, the dehydrated meat product market is sectored into spray dried, sun dried, vacuum dried, freeze dried, and hot air-dried segments. Furthermore, the hot air-dried segment, which accounted for a large share of the global market in 2023, is anticipated to embellish the global market expansion over the assessment period. Additionally, the growth of the segment in the coming years can be due to the large-scale use of the hot air-dried method for meat dehydration.
Report Attributes | Report Details |
---|---|
Report Name | Dehydrated Meat Product Market |
Market Size in 2023 | USD 1,000 Million |
Market Forecast in 2032 | USD 4,000 Million |
Growth Rate | CAGR of 5% |
Number of Pages | 222 |
Key Companies Covered | Cargill Incorporated, Marfrig Global Foods S.A., BRF Global, Van Drunen Farms, Hormel Foods Corporation, Associated British Foods plc, Pinnacle Foods Co., Tyson Foods Inc., Kerry Group plc., and others. |
Segments Covered | By Packaging, By Type, By Technology, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is expected to maintain its leadership status in the global market in the next couple of years
North America, which contributed approximately 57% of the global dehydrated meat product market size in 2023, is expected to maintain dominance in the global market in the upcoming years. Apparently, the regional market expansion in the coming decade can be owing to the rising focus of the population in the U.S. and Canada on high-protein diets and easily accessible snacks. Moreover, demand for snacks that can be preserved for a longer period will further drive the regional market trends. Rise in the intake of dehydrated food products due to changing food habits in countries such as Canada and the U.S. will embellish the growth of the market in North America.
The Asia-Pacific dehydrated meat product industry is projected to record the fastest growth rate in the forecast timeline. The swift progression of the industry in the sub-continent can be a result of the large-scale presence of key producers and vendors in China, Indonesia, Thailand, and Japan. Apart from this, the growing trend among the population about the intake of high-quality snacks will spur global industry expansion.
The global dehydrated meat product market profiles key players such as:
By Packaging
By Type
By Technology
FrequentlyAsked Questions
Dehydrated meat product is made through the removal of water from raw meat by the process of freezing and drying.
The global dehydrated meat product market growth over the forecast period can be owing to a surging preference for convenience diets and changes in lifestyles along with a rise in the disposable income of the consumers.
According to a study, the global dehydrated meat product industry size was $1,000 million in 2023 and is projected to reach $4,000 million by the end of 2032.
The global dehydrated meat product market is anticipated to record a CAGR of nearly 5% from 2024 to 2032.
The Asia-Pacific dehydrated meat product industry is set to register the fastest CAGR over the forecasting timeline can be a result of the large-scale presence of key producers and vendors in China, Indonesia, Thailand, and Japan. Apart from this, the growing trend among the population about the intake of high-quality snacks will spur global industry expansion.
The global dehydrated meat product market is led by players such as Cargill Incorporated, Marfrig Global Foods S.A., BRF Global, Van Drunen Farms, Hormel Foods Corporation, Associated British Foods plc, Pinnacle Foods Co., Tyson Foods, Inc., and Kerry Group plc.
The global dehydrated meat product market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed