About Chipped Beef
Chipped beef is the pressed, salted and dried beef which has been sliced into thin pieces. Some of the producers smoke the dried beef for more flavor. The product also consists of small, thin, flexible leaves of partially dried beef, that are generally sold and compressed together in jars or flat in plastic packets. The processed meat producer Hormel has once described it as an air-dried product that is similar to bresaola, but not similar in taste.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Chipped 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.
Armour (United States), Knauss (United States), Hormel (United States), People's Choice Beef Jerky (United States), Maruchan (United States), Aloha Edibles (United States), Jack Links (United States), Pohina Products LLC (United States), Mission Meats (Canada) and Bulk Beef Jerky (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 Nestle (Switzerland) and BandG Foods (United States).
Segmentation Overview
AMA Research has segmented the market of Global Chipped Beef market by and Region.
On the basis of geography, the market of Chipped 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 End users , the sub-segment i.e. Home will boost the Chipped Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel , the sub-segment i.e. Supermarkets and Hypermarkets will boost the Chipped Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Canned will boost the Chipped Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Beef
Market Growth Drivers:
Increasing Consumption of Beef in Some Regions such as Americas and Beef Being Complete Source of Protein is Fuelling the Market
Challenges:
Over Consumption may Lead to Health Issues
Restraints:
Government Restrictions on Beef in Some Regions
Opportunities:
Growing Retail is Leading to Easy Availability of Beef
Market Leaders and their expansionary development strategies
On February 2020, Hormel Foods Corporation which is a leading global branded food company, has announced that it has reached an agreement to acquire Texas-based Sadler’s Smokehouse. This acquisition provides another successful brand to expand into the retail and deli channels.
In January 2024, Country Archer Provisions launched of its new protein-packed meat stick line: Ancestral Beef Blend Meat Sticks. A pioneer in high-protein snacking, this innovative product is crafted with grass-fed beef and wholesome organ meats for a savory, classic bite. Available in two bold flavors, Original and Spicy.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations 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.