Chipped Beef Market Synopsis

Chipped Beef Market Size Was Valued at USD 1.76 Million in 2023 and is Projected to Reach USD 2.2 Billion by 2032, Growing at a CAGR of 2.48% From 2024-2032.

Chipped beef, also known as flash fried dried sliced beef is thin sliced beef that has been cured, and salted for preservation. It is usually presented in jars or cans and has the capacity to last longer in the market. This food can be often found in recipes such as creamed chipped beef which is prepared in a creamy sauce and then garnished with toast. It also turned out to be convenient and easy to prepare, and these aspects make chipped beef popular with those who require food that can be prepared and served with little delay.

• The factors which support the growth this market is the higher consumer demands of the Chipped Beef across the Global level in Supermarkets and Hypermarkets, Convenience Stores, Online Retailers and Other applications. It also gives valuable information about the higher growth segments in the Chipped Beef Market at the country-level. The report also contains the exact cost which is having its segment, trend, region, and commercial development of the few important key players across the globe for the forecasted period.
• The public demand for convenience foods particularly increases its cries for chipped beef. Convenience foods are very popular these days due to people’s busy schedules that do no let them spend much time cooking meals. Chipped beef in general, and specifically in canned form, is a convenience food which helps individuals who do not have much time to prepare their meals. due to its considerably long shelf life as well as its versatility it serves as the go-to meal option for most consumers creating the market.
• Also, the development of online grocery stores means that customers can now order chipped beef from the comfort of their homes online and through subscriptions. For market growth, the increased chipped beef availability and the improved accessibility through various channels of retail mean that it is available to a larger customer base.
• There have been constant innovations on flavors, packaging structures, and lighter products to suit the changing tastes of consumers. For the processed foods Market segmentation includes; Health conscious people are willing to purchase low-sodium versions and organic foods and attractive Packaging and portion sizes to other demography. Due to changing food habits and customer preferences switching the chipped beef market can cater to a large population of people and maintain the growth.

Chipped Beef Market Trend Analysis

Growth in robust distribution networks

• The strong distribution networks contribute to increased popularity of chipped beef as it is now easily accessed hence increasing its consumption. Convenience stores and departmental stores offer packaged foods in one packaging format and many brands which are preferred by many people. Their broad market coverage guarantees that chipped beef is readily obtainable to a vast consumer base. However, advancement in technology has seen online retail stores increase the availability of chipped beef whereby customers can order for the chipped beef from the comfort of their homes and get the products delivered to their door steps or get them subscribed. Such a wide coverage also helps to keep products in stock, thus increasing its sales and the market as a whole.

Extended Shelf Life of Chipped Beef

• Chilled beef, especially when processed in a canned form, is appreciated due to practicality and increased shelf life, which allows using it in today’s meals. Preparing the chipped beef from canned food does not require elaborate preparation, and this means that consumers looking forward to have a quick meal will benefit more from this food chipped beef. It is relatively resistant to spoiling, which makes it ideal to store for months or even years thereby contributing to the pantry stocks. This convenience is especially attractive to working, busy lifestyle consumers, families or any consumer who simply wants an easy ‘no fuss’ convenient meal type, all of which increases its demand and popularity in the market.

Chipped Beef Market Segment Analysis:

Chipped Beef Market Segmented based on Type, Distribution Channel and End Use

By Type, canned  segment is expected to dominate the market during the forecast period

• In the Chipped Beef Market, the canned segment shall remain the largest during the forecast period. This is because canned chipped beef is more convenient and has a longer shelf life than chipped beef in the foils, and it can, therefore, be preferred by consumers especially when the food to be prepared may require a quick preparation and cooking period.
• Moreover, it is important to note that canned chipped beef is can be easily purchased in supermarkets and hypermarkets thus improving on the accessibility. Its packaging also provides longer shelf life in flavour relations and texture affairs which pragmatic to both individuals and food businesses. Therefore, with consumers’ propensity for canned chipped beef over bags predominant, it will continue leading the market.

By Distribution Channel, supermarkets and hypermarkets segment held the largest share in 2023

• In the year 2023, among all the various segments, the supermarkets and hypermarkets segment was found to dominate the Chipped Beef Market. The reason behind the control of this segment is the array of options in product offerings such as brands and packaging that can be found in the large format stores. Super and hyper markets have a high consumers’ traffic rate because of their easy access to residents, frequent offers, and carrying a wide range of products in one store. Its large distribution channels and robust supply chains make chipped beef products easily and readily available to consumers, thus increasing overall sales and market share.

Chipped Beef Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• It is estimated that North America would dominate the chipped beef market throughout the given time period. This is predominantly due to the cultural esteem of chipped beef, especially in the United States as it is ranked as one of the traditional meal. The higher food processing industry coupled with the distribution channel that includes supermarkets, hypermarkets, online shops aids the market to grow further. Furthermore, the increased consumers purchasing capacity and inclined towards the easy or convenience food products have fueled the demand for chipped beef products in North America that guarantees the regions dominance in the market.

Active Key Players in the Chipped Beef Market

• Armour
• Knauss
• Hormel
• People's Choice Beef Jerky
• Maruchan
• Aloha Edibles
• Jack Links
• Pohina Products LLC
• Mission Meats
• Bulk Beef Jerky
• Nestle
• B&G Foods
• Other Key Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Chipped Beef Market by Type
 4.1 Chipped Beef Market Snapshot and Growth Engine
 4.2 Chipped Beef Market Overview
 4.3 Canned
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Canned: Geographic Segmentation Analysis
 4.4 Bagged
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Bagged: Geographic Segmentation Analysis

Chapter 5: Chipped Beef Market by Distribution Channel
 5.1 Chipped Beef Market Snapshot and Growth Engine
 5.2 Chipped Beef Market Overview
 5.3 Supermarkets and Hypermarkets
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Supermarkets and Hypermarkets: Geographic Segmentation Analysis
 5.4 Convenience Stores
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Convenience Stores: Geographic Segmentation Analysis

Chapter 6: Chipped Beef Market by End Use
 6.1 Chipped Beef Market Snapshot and Growth Engine
 6.2 Chipped Beef Market Overview
 6.3 Household
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Household: Geographic Segmentation Analysis
 6.4 Foodservice Industry
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Foodservice Industry: Geographic Segmentation Analysis
 6.5 Military
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Military: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Chipped Beef Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 ARMOUR
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 KNAUSS
 7.4 HORMEL
 7.5 PEOPLE'S CHOICE BEEF JERKY
 7.6 MARUCHAN
 7.7 ALOHA EDIBLES
 7.8 JACK LINKS
 7.9 POHINA PRODUCTS LLC
 7.10 MISSION MEATS
 7.11 BULK BEEF JERKY
 7.12 NESTLE
 7.13 B&G FOODS
 7.14 OTHER MAJOR PLAYERS

Chapter 8: Global Chipped Beef Market By Region
 8.1 Overview
 8.2. North America Chipped Beef Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
   8.2.4.1 Canned
   8.2.4.2 Bagged
  8.2.5 Historic and Forecasted Market Size By Distribution Channel
   8.2.5.1 Supermarkets and Hypermarkets
   8.2.5.2 Convenience Stores
  8.2.6 Historic and Forecasted Market Size By End Use
   8.2.6.1 Household
   8.2.6.2 Foodservice Industry
   8.2.6.3 Military
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
 8.3. Eastern Europe Chipped Beef Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
   8.3.4.1 Canned
   8.3.4.2 Bagged
  8.3.5 Historic and Forecasted Market Size By Distribution Channel
   8.3.5.1 Supermarkets and Hypermarkets
   8.3.5.2 Convenience Stores
  8.3.6 Historic and Forecasted Market Size By End Use
   8.3.6.1 Household
   8.3.6.2 Foodservice Industry
   8.3.6.3 Military
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Chipped Beef Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
   8.4.4.1 Canned
   8.4.4.2 Bagged
  8.4.5 Historic and Forecasted Market Size By Distribution Channel
   8.4.5.1 Supermarkets and Hypermarkets
   8.4.5.2 Convenience Stores
  8.4.6 Historic and Forecasted Market Size By End Use
   8.4.6.1 Household
   8.4.6.2 Foodservice Industry
   8.4.6.3 Military
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Chipped Beef Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
   8.5.4.1 Canned
   8.5.4.2 Bagged
  8.5.5 Historic and Forecasted Market Size By Distribution Channel
   8.5.5.1 Supermarkets and Hypermarkets
   8.5.5.2 Convenience Stores
  8.5.6 Historic and Forecasted Market Size By End Use
   8.5.6.1 Household
   8.5.6.2 Foodservice Industry
   8.5.6.3 Military
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Chipped Beef Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
   8.6.4.1 Canned
   8.6.4.2 Bagged
  8.6.5 Historic and Forecasted Market Size By Distribution Channel
   8.6.5.1 Supermarkets and Hypermarkets
   8.6.5.2 Convenience Stores
  8.6.6 Historic and Forecasted Market Size By End Use
   8.6.6.1 Household
   8.6.6.2 Foodservice Industry
   8.6.6.3 Military
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
 8.7. South America Chipped Beef Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
   8.7.4.1 Canned
   8.7.4.2 Bagged
  8.7.5 Historic and Forecasted Market Size By Distribution Channel
   8.7.5.1 Supermarkets and Hypermarkets
   8.7.5.2 Convenience Stores
  8.7.6 Historic and Forecasted Market Size By End Use
   8.7.6.1 Household
   8.7.6.2 Foodservice Industry
   8.7.6.3 Military
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research