About Dried Beef
The global dried beef market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The growing demand for dried meat products, increasing demand for nutritious diet, and rising health consciousness among the consumers are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness some decline in the growth during the FY 2020 but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing innovative products in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dried Beef market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ayoba (South Africa), Braaitime (South Africa), Chomps (United States), Conagra Brands (United States), Hormel (United States), Jack Link's Beef Jerky (United States), Kalahari Snacks (United States), Knauss Foods, LLC (United States), Lorissa's Kitchen (United States), Mission Meats (Canada), Mountain House (United States), Nestlé (Switzerland), Oberto (United States), Old Wisconsin (United States) and Stella & Chewy's (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sysco Corporation (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Dried Beef market by Type (Bakka, Bayonne Ham, Black Forest Ham, Chipped Beef, Dried Shrimp, Jinhua Ham and Others) and Region.
On the basis of geography, the market of Dried Beef has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging, the sub-segment i.e. Canned will boost the Dried Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Dried Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption of Online Sales Channel
Market Growth Drivers:
Rising Demand for Dried Meat Products, Increasing Demand for Nutritious Diet and Rising Health Consciousness
Challenges:
Challenges in Transportation & Logistics Sector Due to the Current Pandemic
Restraints:
Short Term Restraint for the Market Due to Shutting Down of Operations & Process of Different Companies Across Different Parts of the World Due to COVID-19 Pandemic
Opportunities:
Opportunities in the Asia Pacific Region
Market Leaders and their expansionary development strategies
In February 2018, Stryve foods acquired cured meat producer Braaitime. stryve also acquired biltong producer Biltong USA in January, so this purchase puts the brand in a dominant position in the US biltong market.
In November 2023, TFP Nutrition expanding their voluntary recall that was initiated to include all dry dog, dry cat, and catfish formulas manufactured in their Nacogdoches, Texas, facility.
Stringent Worldwide Government Regulations Regarding Lock-down of Cities' & States' Operations Leading to Generation of Demand & Supply Gap in the Market
Key Target Audience
Dried Beef Manufacturer, Entrants/ Providers, Research and Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.