Pork Jerky Market Envisioned to Hit $1.4 billion by 2031 at CAGR 7.1%

WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, September 2, 2024 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global Pork Jerky Market generated $745.9 million in 2021, and is estimated to reach $1.4 billion by 2031, witnessing a CAGR of 7.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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The report offers a detailed segmentation of the global pork jerky market based on consumption, nature, type, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on consumption, the food at home (FAH) segment was the largest in 2021, accounting for nearly three-fourths of the global pork jerky market share and would rule the roost through 2031. However, the food away from home (FAFH) segment is estimated to witness the fastest CAGR of 7.8% during the forecast period.

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Based on nature, the conventional segment was the largest in 2021, capturing nearly 90% of the global pork jerky market, and would lead the trail through 2031. However, the organic segment is estimated to witness the fastest CAGR of 8.3% during the forecast period.

In terms of type, the spicy segment captured the largest market share of one-third of the global pork jerky market in 2021 and is expected to lead the trail during the forecast period. The savory segment, however, is likely to achieve the fastest CAGR of 7.8% through 2031. The report also includes the spout segment.

In terms distribution channel, the modern trade segment captured the largest market share of more than two-fifths of the global pork jerky market in 2021 and is likely to maintain a noteworthy growth during the forecast period. However, the online sales segment is likely to achieve the fastest CAGR of 8.3% through 2031.

Based on region, the market in North America was the largest in 2021, accounting for nearly two-fifths of the global pork jerky market share and is likely to maintain its leadership status during the forecast period. Moreover, the market in the Asia-Pacific region is expected to manifest the highest CAGR of 9.2% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.

Leading players of the global pork jerky market analyzed in the research include GoBacon Jerky, LLC., Conagra Brands, Inc., The Meat Makers, Divine Bovine Jerky, Wicked Cutz, Big Fork Brands, Meat Maniac, Premium Brands Holdings Corporation, Three Squirrels, Beyond Meat, Fragrant Jerky, Link Snacks, Inc., Tiki Hawaiian Gourmet Jerky, Organic Jerky Co., and Oberto Specialty Meats.

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The report analyzes these key players of the global pork jerky market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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