Meat Snacks Taking Stomach Share

While not quite 100% in tune with our Food with Integrity investing theme, there is no argument that protein based snacking continues to be on the rise. What this tells us is salty-snacks and candy sales are likely to go the way of soda sales…

The meat snacks category has been experiencing significant growth for the past few years. According to Packaged Facts, the segment jumped to $3.14 billion in 2015 from $2.9 billion in sales for 2014, an 8.6% increase. For 2016, dollar sales are projected to top $3.4 billion. If indications are correct, meat snacks could experience a 9.6% hike in retail sales over the next four years. By 2020, sales are expected to hit $5 billion.

Source: Savory & Super Trendy, Meat Snacks Soar – Convenience Store Decisions

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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