Press Release

United States Meat Market to be Dominated by Beef Segment in the Forecast Period

The meat market in the United States is experiencing growth due to the rising beef consumption in the country.

 

According to TechSci Research report, “United States Meat Market – By Region, Competition Forecast & Opportunities, 2018-2028F,” the United States meat market is expected to grow during the forecast period due to several factors, such as the increasing demand for convenient and ready-to-eat meat products. Additionally, sustainable and eco-friendly packaging can influence consumer choices.

The United States meat market is influenced by various factors, including growing awareness about the health and nutrition impacts and preferences for beef and organic options. However, consumers have shown a growing preference for organic and sustainably sourced meat products. This trend is driven by concerns about environmental impact and the desire for healthier options.

The market growth is expected to be driven by new product launches, including Benny’s Original Meat Straw. Manufacturers are also diversifying their product offerings to appeal to a wider range of consumers, including women. For example, Tillamook County Smoker introduced an all-natural cranberry turkey jerky, and Kerry Foods launched barbecue-flavored meatballs. In 2021, "Organic Prairie" launched organic seasoned ground beef, offering home cooks access to high-quality protein that is prepared quickly and easily.

Furthermore, the increase in meat consumption can be attributed to a variety of factors, including dietary changes and lifestyle choices. For example, high-protein diets and the prevalence of certain food trends have led to a preference for meals that are high in protein. Additionally, cultural and social influences have played a major role in the use of meat in American cuisine.

The growing working population in the country has led to an increase in the demand for convenient food options. Consumers nowadays prefer tasty, processed food but refrain from the time commitment required for preparing intricate meals. The increasing availability of processed food products saves preparation time, which has led to their growing popularity among the American population. This trend has positively affected the growth of the U.S. market.

 

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The United States meat market is segmented based on product, type, distribution channel, region, and competitive landscape.

Based on product, the market is further fragmented into chicken, beef, pork, mutton, and others (birds, turkey, venison, etc.). Among this segment, beef dominates the market due to several reasons such as increasing consumption of beef products in the country, along with the growing number of slaughterhouses and poultry houses in the United States, which has increased the market demand for meat.

Based on type, the market is divided into raw and processed. Among these segments, processed food is gaining popularity among consumers due to the increasing working population in the country and its time-saving preparation. These factors further enhance the market growth over the forecast period.

Based on the distribution channel, the market is further segmented into departmental stores, specialty stores, hypermarket/supermarket, online, and others (Departmental Stores, Specialty Stores, Hypermarket/Supermarket, Online, Others). Among these segments, online sales are the fastest-growing segment due to several factors. The convenience of online shopping and food delivery services has led to increased meat sales through e-commerce platforms. Consumers appreciate the ease of ordering meat products online and having them delivered to their doorstep.

 

Key market players in the United States meat market include:

  • Tyson Foods, Inc.
  • JBS USA Holdings, Inc.
  • Cargill Meat Solutions Corp.
  • Smithfield Foods Inc.
  • Sysco Corporation
  • Hormel Foods Corporation
  • Perdue Farms, Inc.
  • OSI Group
  • Marfrig United States Foods S.A. (National Beef Packing Company LLC)
  • Sanderson Farms, Inc.,

 

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“The introduction of new meat products, including ready-to-cook options, encompasses a range of meat cuts and protein types. This includes popular choices like chicken breasts, beef steaks, pork chops, and more. The United States has witnessed a significant increase in market demand for these products in recent years. Factors such as a growing population, widespread availability, and convenience of meat products in various forms contribute to their consumption, driving market growth during the anticipated period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“United States Meat Market By Product (Chicken, Beef, Pork, Mutton, and Others (Birds, Turkey, Venison, etc.)), By Type (Raw and Processed), By Distribution Channel (Departmental Stores, Specialty Stores, Hypermarket/Supermarkets, Online, and Others (Departmental Stores, Specialty Stores, Hypermarket/Supermarket, Online, Others.)), By Region, Competition Forecast & Opportunities, 2018-2028F,” has evaluated the future growth potential of the United States meat market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the meat market in the United States.

 

 

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