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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
The North America processed meat market outlook is characterised by production expansion, government funding, and enhanced research initiatives across the sector.
Cargill, Incorporated founded in 1865, has headquarters in Minnesota, United States. It is one of the leading players in North America processed meat market, providing food, ingredients, agricultural solutions, and industrial products. It specialises in the origination, processing and distribution of grain and oilseeds, customised animal nutrition solutions, bio-industrial applications, and more.
American Foods Group, LLC, founded in 1949, is headquartered in Wisconsin, United States. The company specialises in meat processing and provides a wide range of meat products, including USDA-graded beef, pork, and other protein-based offerings. They supply fresh and processed meat to retailers, food services, and international clients.
Sysco is a global leader in food distribution, marketing, and services, offering a diverse range of food and related products to restaurants, healthcare, educational facilities, and more. The company was founded in Texas, United States in 1969. It provides a selection of innovative ingredients and products and connects businesses with its distribution network.
JBS S.A. was founded in 1953 in Brazil and is one of the world's largest meat processing companies, involved in the production and distribution of beef, chicken, pork, and lamb products globally. The company prioritises sustainability and environmental management across its organisation. It invests in technology research to assure food safety.
The other key players in the market include Tyson Foods, Inc., Smithfield Foods, Inc., Hormel Foods Corporation, Koch Foods, National Beef Packing Company LLC, and OSI Group, among others.
North America Processed Meat Market Report Snapshots
North America Processed Meat Market Size
North America Processed Meat Market Trends
North America Processed Meat Market Regional Analysis
North America Processed Meat Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the processed meat market in North America reached an approximate value of USD 34.1 billion.
The market is expected to grow at a CAGR of 3.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of2024-2032to reachUSD 44.8 billion by2032.
The major drivers of the market include higher purchasing power due to increased disposable income, busy schedules of consumers, advancements in production technology, and a high rate of production due to feed availability.
Key trends aiding market expansion include an increase in the number of processed meat retailers, growing demand for high-value animal protein and convenience food products, and increasing demand for convenience food products, among others.
Major regions in the market are the USA and Canada.
Processed meat is meat supplemented with additives and preservatives including acidifiers, minerals, salts, seasonings, and flavouring agents for end user consumption.
Key players in the industry are Cargill Incorporated, American Foods Group, LLC, Sysco, JBS S.A., Tyson Foods, Inc., Smithfield Foods, Inc., Hormel Foods Corporation, Koch Foods, National Beef Packing Company LLC, and OSI Group, among others.
Chicken is the most consumed meat in Canada.
22% of meat consumed in the US is processed meat.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124