Introduction
Jerky has long been a popular snack option for people on the go, but did you know that it can also be a great choice for those following a Keto, Paleo, or Low Carb diet? In this report, we will explore the benefits of jerky as a snack option for these dietary lifestyles, as well as provide insights into the industry, relevant financial data, and actual companies making waves in the market.
What is Jerky?
Jerky is a type of dried meat that has been seasoned and cured to create a flavorful and portable snack. Traditionally made from beef, jerky can also be made from other types of meat such as turkey, chicken, or even exotic meats like venison or bison. Jerky is typically low in fat and carbohydrates, making it a suitable option for those looking to maintain a Keto, Paleo, or Low Carb diet.
Benefits of Jerky for Keto, Paleo, and Low Carb Diets
One of the main reasons why jerky is a popular snack choice for those following a Keto, Paleo, or Low Carb diet is its high protein content. Protein is essential for building and repairing muscle tissue, and can also help keep you feeling full and satisfied between meals. Jerky is also low in carbohydrates, making it a suitable option for those looking to reduce their carb intake.
Additionally, jerky is a convenient and portable snack option that can be easily taken on the go. This makes it ideal for busy individuals who need a quick and easy snack to keep them fueled throughout the day. Jerky is also shelf-stable, meaning it does not require refrigeration, making it a great option for long hikes, road trips, or other activities where refrigeration may not be available.
Industry Insights
The jerky market has been experiencing steady growth in recent years, driven by increasing demand for convenient and healthy snack options. According to a report by Grand View Research, the global jerky market size was valued at $2.8 billion in 2020 and is expected to reach $4.6 billion by 2027, with a CAGR of 7.3% during the forecast period.
Several key players in the jerky market include Jack Link’s, Krave, Oberto, and Country Archer Jerky Co. These companies offer a wide range of jerky products in various flavors and protein sources, catering to different dietary preferences and tastes. With the rising popularity of high-protein, low-carb diets like Keto and Paleo, these companies are well-positioned to capitalize on the growing demand for jerky as a snack option.
Financial Data
In 2020, Jack Link’s reported annual revenue of $1.02 billion, making it one of the leading players in the jerky market. Krave, another major player in the industry, reported annual revenue of $150 million in 2020. Oberto and Country Archer Jerky Co. also reported strong financial performance, with annual revenues of $150 million and $50 million, respectively.
The increasing demand for jerky as a snack option for those following Keto, Paleo, and Low Carb diets is expected to drive further growth in the industry. With consumers becoming more health-conscious and seeking out convenient and nutritious snack options, jerky is well-positioned to continue its upward trajectory in the market.
Conclusion
In conclusion, jerky is a versatile and convenient snack option that is well-suited for those following Keto, Paleo, and Low Carb diets. With its high protein content, low carbohydrate levels, and portability, jerky is an ideal choice for busy individuals looking to maintain a healthy diet while on the go. The jerky market is experiencing steady growth, with key players like Jack Link’s, Krave, Oberto, and Country Archer Jerky Co. leading the way in offering a wide range of jerky products to meet consumer demand. As the demand for healthy and convenient snack options continues to rise, jerky is poised to remain a popular choice for consumers seeking a satisfying and nutritious snack.
