Europe Meat Snacks Market is predicted to reach USD 4.59 billion by 2025 owing to the growing awareness concerning healthy lifestyle along with rise in demand for healthier protein snacks. Meat snacks are made by marinating meat in a curing solution and drying it. The curing solution contains antimicrobial effects preventing the growth of harmful bacteria. Meat processed in this way offers a unique flavor and extends the shelf life of meat snacks.

The strong flavor of meat snacks is accredited to the concentrating effects of the moisture removal process. Meat snacks manufacturing process comprises initial meat preparation, preparing of curing solution, meat processing and curing, and quality checking & packaging.

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The demand for meat snacks in Europe is predicted to rise speedily since the Europe meat snacks industry is still in its growing stage. The emergence of Jack Link's jerky product has changed the landscape of Europe meat snacks market. Also the growing demand for Jerky has gained traction for major snack manufacturers in this region. The introduction of various product forms like handmade sausage crisps is projected to impact the market remarkably in the forecast period.

The supermarkets and hypermarkets are the favored distribution sources for manufacturers due to bulk buying. Speedy growth of e-commerce portals with home delivery services is estimated to outshine the existing distribution dynamics, thereby restricting the growth of hypermarkets and supermarkets.

The rise of European meat snack industry is primarily attributed to the increase in demand for animal protein, rising meat consumption and inclination towards convenience food. Nevertheless, the factors restraining the growth of the market are stringent regulatory compliances, volatile beef prices and change in consumer preferences. The Europe meat snack market is also facing new trends like increase in merger & acquisition, emergence of gourmet meat snacks brand, and rise in demand for beverages with unique flavors.

European meat processing sector is largely dependent on wide commercial retail chains, which leads an aggressive price competition forcing meat processors to reduce margins gradually. This occurs in spite of growing cost of fodder due to increase in raw materials. Despite everything, Europe is facing an upward trend in consumer spending on meat and meat products. Since the price hike affected the consumers’ demand, the meat processors were also forced to reduce margins significantly for stabilizing price increases in consumers’ part.

European meat snacks industry is categorized on the basis of product, distribution channel, and region. Based on product, the market is divided into Jerky, Meat Sticks, Pickled Sausages, Ham Sausages, Pickled Poultry Meat, and others. On the basis of distribution channel, the market is divided into convenience stores, supermarkets &hypermarkets, grocery stores, restaurants, and others.

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Regionally, European meat snack market is segmented as Germany, United Kingdom, France, Italy, Switzerland, Austria, Spain, Belgium & Luxembourg, Netherlands, Russia, Turkey, and Rest of Europe. Owing to New Product Development(NPD) and presence of major manufacturers, Germany is projected to dominate the market in the forecast period.

The prominent players in Europe meat snacks industry are Bell Group, Cremonini Group, IZICO, Jack Link's Europe GmbH, King Elite Snacks, Kepak Group, Danish Crown, Nutreco N.V., Windau, Kerry Group, MeatSnacks Group, CampoFrio Foods Group, Espuna, Citterio, and Winterbotham Darby.

Market Segment:

Europe Meat Snacks Product Outlook (Revenue, USD Million, 2014 - 2025)
• Jerky
• Meat Sticks
• Pickled Sausages
• Ham Sausages
• Pickled Poultry Meat
• Others

Europe Meat Snacks Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)
• Convenience Stores
• Supermarkets & Hypermarkets
• Grocery Stores
• Restaurants
• Others

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Europe Meat Snacks Country Outlook (Revenue, USD Million, 2014 - 2025)
• Germany
• UK
• France
• Italy
• Switzerland
• Austria
• Spain
• Belgium & Luxembourg
• Netherlands
• Russia
• Turkey
• Rest of Europe 

The global Savory Snacks Market size is expected to value at USD 218.44 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand for packaged food, which is marginally processed and has a longer life span. Increasing health awareness among young population coupled with rising consumer pro-activeness towards health problems are some of the major contributing factors for sustained market growth over the forecast period. Changing food patterns is one of the essential factor responsible for expansion of savory snacks industry, in the recent years.

Other factors such as changing lifestyle preferences, growing demand for convenience food, and need for maximizing limited leisure time, are expected to fuel market growth in the upcoming years. Globally, the savory snacks market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market of savory snacks.

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Increasing demand for savory snacks over the traditional or ethnic food products in the global market is estimated to expand reach of savory snacks industry over the next seven years. However, rising safety concerns in regards to health hazards with excessive consummation of the products coupled with the substantial use of additives and artificial flavors is significantly hampering market growth.

Shifting trends towards convenience food among young population is responsible for market expansion during the forecast period. Growing focus towards convenience food products with longer shelf life, savory taste, texture, product quality, and the nutritional content, has led to development of innovative packaging solution by prominent industry players. Such factors are substantially escalating market performance of the savory snacks market, in the recent years.

The savory snacks industry is broadly categorized into four major segments based on the product type such as potato chips, extruded snacks, nuts & seeds, and popcorn. The potato chips is considered as one of the fastest growing segment in the market of savory snacks with substantial revenue generation in the last few years. Growing popularity of the potato chips segment is attributed to the introduction of new flavors and roasted potato chips with health benefits. The extruded snacks segment has also witnessed substantial growth owing to the inclusion of healthy ingredients.

The savory snacks market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies processed food industry, changing food patterns, increasing demand for convenience food products, introduction innovative snacks flavors, and existence of well-established manufacturing infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the savory snacks industry with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with increasing demand for packaged food, rising per capita income, ever-growing population, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the savory snacks market are PepsiCo, Inc., Kraft Foods, Inc., Kellogg, Inc., CALBEE, Inc., ConAgra Foods, Inc., Diamond Foods LLC, The Hain Celestial Group, Inc., General Mills, Inc., Arca Continental, S.A.B. de C.V., and Blue Diamond Growers Co.

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Market Segment:

Product Outlook (Revenue, USD Billion, 2014 - 2025)
• Potato Chips
• Extruded snacks
• Nuts & Seeds
• Popcorn
• Others

Distribution Channel Outlook (Revenue, USD Billion, 2014 - 2025)
• Supermarket/Hypermarket
• Independent Retailers
• Convenience Stores
• Service Station
• Others

Flavor Outlook (Revenue, USD Billion, 2014 - 2025)
• Roasted/Toasted
• Barbecue
• Spice
• Beef
• Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• UK
• Spain
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa

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Market Highlights

Pet Snacks & Treats are pet food products offered to the pets as healthy snacks or appreciation and pampering treats. Pet owners across the globe are spending heavily on their pet food products to ensure their pets consume best quality and healthy food. Pet treat manufacturers are exploiting this opportunity and launching new pet snacks and treats made from fresh ingredients such as tomato, carrots, spinach, and sweet potato among others. For instance, Pet Tao LLC provides food therapy Harmony treats and functional supplements targeted at both cats and dogs.

Based on type, the global Pet Snacks & Treats Market Analysis has been segmented into chewable, and eatables. The eatable segment gained the highest market share in 2017 and is expected to grow at a higher rate during the forecast period owing to the high availability of eatable snacks and treats in the market. Eatables are available as both snacks and treats, whereas, chewable are mainly targeted as pet treats.

The global market for pet snacks & treats has also been classified, by category, as conventional, and organic. The conventional segment is projected to dominate the market due to the high and easy availability of pet snacks & treats made from conventional ingredients. However, the organic segment is expected to grow with faster growth rate owing to the increasing preference for organic and natural products among the pet owners, especially in the developed markets. The trends in the pet snacks & treats market are following the human snacking trends as the behavior of pet owners while feeding their pets mimics their own snacking behavior.

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Regional Analysis

Based on region, the global pet snacks & treats market has been segmented by North America, Europe, Asia-Pacific, and RoW.

North America is expected to gain the lion’s share in the global pet snacks & treats market due to the presence of major market players in the region. In addition, pets are considered as a family member and are thus, pampered by providing healthy and tasty snacks and treats, which in turn is boosting the sales of pet snacks & treats in the region.

The pet snacks & treats market in Asia-Pacific is expected to exhibit the highest CAGR due to the rising disposable income of the people in Asia-Pacific, which enables them to buy premium quality and healthy snacks & treats for their pets.

Key Players

Some of the key players in the global pet snacks & treats market are Mars, Incorporated (US), Nestlé S.A. (Switzerland), Colgate-Palmolive Company (US), The J. M. Smucker Company (US), LUPUS Food (Santa Luzia), Diamond Pet Foods (US), Charlee Bear Products (US), and Addiction Foods (US).

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Market Highlights

Pet Snacks & Treats are pet food products offered to the pets as healthy snacks or appreciation and pampering treats. Pet owners across the globe are spending heavily on their pet food products to ensure their pets consume best quality and healthy food. Pet treat manufacturers are exploiting this opportunity and launching new pet snacks and treats made from fresh ingredients such as tomato, carrots, spinach, and sweet potato among others. For instance, Pet Tao LLC provides food therapy Harmony treats and functional supplements targeted at both cats and dogs.

Based on type, the global Pet Snacks & Treats Market  has been segmented into chewable, and eatables. The eatable segment gained the highest market share in 2017 and is expected to grow at a higher rate during the forecast period owing to the high availability of eatable snacks and treats in the market. Eatables are available as both snacks and treats, whereas, chewable are mainly targeted as pet treats.

The global pet snacks & treats market has been segregated, by pet, into dogs, cats, birds, fish, and others. The dogs’ segment is expected to dominate the global pet snacks & treats market during the assessment period as they account for the major share of pets adopted by the people. As per the survey conducted by the American Pet Products Association, 48% of the US population own a dog as a pet. The same segment is projected to grow with the fastest CAGR during the forecast period due to the major preference of pet owners towards dogs, as compared to other pet species.

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Regional Analysis

Based on region, the global pet snacks & treats market has been segmented by North America, Europe, Asia-Pacific, and RoW.

North America is expected to gain the lion’s share in the global pet snacks & treats market due to the presence of major market players in the region. In addition, pets are considered as a family member and are thus, pampered by providing healthy and tasty snacks and treats, which in turn is boosting the sales of pet snacks & treats in the region.

The pet snacks & treats market in Asia-Pacific is expected to exhibit the highest CAGR due to the rising disposable income of the people in Asia-Pacific, which enables them to buy premium quality and healthy snacks & treats for their pets.

Key Players

Some of the key players in the global pet snacks & treats market are Mars, Incorporated (US), Nestlé S.A. (Switzerland), Colgate-Palmolive Company (US), The J. M. Smucker Company (US), LUPUS Food (Santa Luzia), Diamond Pet Foods (US), Charlee Bear Products (US), and Addiction Foods (US).

Browse Complete Report @ https://www.marketresearchfuture.com/reports/pet-snacks-treats-market-7433

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.