The retail price of 100% ground beef in the United States has risen significantly in the last two decades. In 2024, a pound of ground beef cost 5.61 U.S. dollars, up from 2.41 U.S. dollars in 2008. Cattle and beef production in the U.S. In 2022, there were almost 29 million beef cows in the United States. Compared to sheep, pigs, and chickens, cows are very expensive to raise and require much more water, feed, and land per calorie generated. Though beef production fluctuates from year to year, there has been a positive trend in beef production in the last several years in the United States. U.S. beef market In terms of retail sales, beef is the leading type of fresh meat in the United States. On average, beef generates about 19 thousand U.S. dollars in sales per store per week, compared to approximately 10 thousand dollars for chicken, and less than five thousand dollars for pork. As of 2021, per capita consumption of beef in the United States amounted to about 59 pounds per year.
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100% ground chuck beef, regardless of fat content. Includes organic, non-organic, fresh, and frozen. Excludes pre-formed patties."
In 2022, the average price difference per pound between beef and plant-based alternatives in the food service segment in the United States amounted to 1.69 U.S. dollars. Plant-based beef alternatives costed more and were priced at around 6.7 U.S. dollars per pound, compared to the cost of beef which was around five U.S. dollars per pound. This disparity showed across the board, with plant-based alternatives costing more than animal-based meat in all categories.
How many people follow a vegetarian or vegan diet in the United States?
The dietary preferences of consumers in the United States varied across age groups. It was recorded that approximately seven percent of individuals aged between 18 and 19 followed a vegan diet. Similarly, seven percent of respondents within the same age group reported following a vegetarian diet. However, as the age of respondents increased to above 40 years old, the prevalence of vegan and vegetarian diets declined.
How big is the plant-based meat industry in the United States?
In 2022, the sales of plant-based meat alternatives in the U.S. were predominantly based in the retail segment, followed by sales in the food service segment channels. The majority of meat alternative sales in the food service sector in the U.S. were made through restaurants, making up nearly 60 percent of the total. This was followed by educational facilities which also accounted for a notable portion of meat substitute sales.
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All uncooked ground beef regardless of fat content, primal source (chuck, round, sirloin, etc.), or packaging. Includes organic and non-organic."
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Learn about the factors that affect the price of ground beef per pound, including quality, availability, and location, and how external factors like the COVID-19 pandemic can cause fluctuations. Discover the national average price of ground beef per pound as of January 2020 and why grass-fed or organic beef may have a higher price point.
In 2024, the U.S. price for one pound of lean and extra lean ground beef amounted to 7.12 U.S. dollars. While prices per pound were between five and six U.S. dollars in recent years, consumers in the United States typically paid about two U.S. dollars back in the nineties. Ground chuck and sirloin steak Like lean ground beef, the price of other types of meat has also risen in the United States. For example, the U.S. retail price per pound of ground chuck (100% beef) amounted to approximately 5.12 U.S. dollars in 2023 and cost about half that amount 20 years earlier. The price of boneless sirloin steak has likewise doubled: from about four U.S. dollars per pound in the nineties to almost 11 U.S. dollars in 2023. Beef consumption While total beef consumption in the United States had fluctuated slightly at certain intervals over the past decade and a half, the numbers have stayed fairly close to the 26-billion-pound mark . Annual per capita consumption of beef, on the other hand, has dropped considerably. In the early 2000s, the average American consumer typically ate almost 70 pounds of beef per year. By 2019, Americans consumed closer to 55 pounds annually.
This statistic depicts the average annual prices for meat (beef) from 2014 through 2026*. In 2023, the average price for meat (beef) stood at 4.9 nominal U.S. dollars per kilogram.
Between December 10 and December 16, 2021, beef brisket was advertised at 8.84 U.S. dollars per pound on average at major U.S. supermarkets. In the previous year, beef brisket was priced at about five U.S. dollars per pound on average. This is almost a four dollar increase.
Fresh meat sales in the U.S. Beef has the highest retail sales of any type of fresh meat in the United States. In 2020, of all the different cuts of beef one can buy from a grocery store or butcher shop, fresh ground beef accounted for 40 percent of all sales. In comparison, sirloin beef generated only six percent of total beef sales in the United States and flank steak less than one percent of total sales. The average household expenditure on beef per trip to the grocery store was 9.39 U.S dollars in 2020.
Beef consumption in the U.S. In 2020, the average American ate 58.8 pounds of beef, up from about 58 pounds per person in the previous year. While beef is expected to remain popular and widely consumed among Americans, veal consumption has seen a sharp decrease over the last several years.
The timeline shows the annual average value of retail and wholesale beef in the United States from 2006 to 2024. In 2024, the average value of wholesale beef was 468 U.S. cents per pound of retail equivalent.
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Learn about the average price of beef per pound in 2019, including regional differences and factors that affect prices. Discover the price differences between cuts and grades, and how to get the best value for your money.
As of 2024, beef was the most expensive animal protein type with an avaerage price of 6.68 U.S. dollars per pound. Pork and Chicken were nearly half the price per pound at 3.15 U.S. dollars per pound and 3.09 U.S. dollars per pound, respectively.
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Pre-packaged, all beef or mixed meat bologna, regardless of kosher status."
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Learn about the factors that impact the average price of ground beef in the United States and how quality, location, and external factors can affect the price per pound.
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Learn about the various factors that affect the cost of beef per pound, including the cut of meat, location, quality, and economic factors such as market demand and supply chain disruptions.
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Learn about the factors that affect the cost of ground beef per pound, including seasonality, demand, processing costs, and geographic location. Discover different types of ground beef and how they impact the overall price. Find tips to save on your next purchase of ground beef.
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Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."
In June 2024, the most expensive cut of grass-fed beef in the United States was filet mignon. One pound would cost a consumer 49 U.S. dollars on average. Short ribs were on the other end of the spectrum, costing only about 11.05 U.S. dollars per pound.
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United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data was reported at 5.245 USD/lb in Nov 2018. This records a decrease from the previous number of 5.252 USD/lb for Oct 2018. United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data is updated monthly, averaging 2.912 USD/lb from Jan 1991 (Median) to Nov 2018, with 335 observations. The data reached an all-time high of 6.195 USD/lb in May 2015 and a record low of 1.973 USD/lb in May 1996. United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.
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Learn about the current average cost per pound of ground beef in the United States and factors that affect its price, including quality, location, and season. Discover tips for shopping for ground beef and getting the best value for your money.
This statistic depicts the average price of organic beef in the United States as of April 2023, by category type. In that year, the U.S. price for one pound of organic stew meat amounted to 6.14 U.S. dollars on average.
The retail price of 100% ground beef in the United States has risen significantly in the last two decades. In 2024, a pound of ground beef cost 5.61 U.S. dollars, up from 2.41 U.S. dollars in 2008. Cattle and beef production in the U.S. In 2022, there were almost 29 million beef cows in the United States. Compared to sheep, pigs, and chickens, cows are very expensive to raise and require much more water, feed, and land per calorie generated. Though beef production fluctuates from year to year, there has been a positive trend in beef production in the last several years in the United States. U.S. beef market In terms of retail sales, beef is the leading type of fresh meat in the United States. On average, beef generates about 19 thousand U.S. dollars in sales per store per week, compared to approximately 10 thousand dollars for chicken, and less than five thousand dollars for pork. As of 2021, per capita consumption of beef in the United States amounted to about 59 pounds per year.