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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
The price of bacon in the United States fluctuates from year to year but overall it has increased significantly over the last decade. As of 2024, a pound of sliced bacon retailed for around 6.92 U.S. dollars. This figure constitutes an increase of about 2.1 percent compared to the price in 2023. Bacon is a popular breakfast food as well as a typical ingredient in sandwiches, burgers, and occasionally salads. Top-selling bacon brands Excluding private label brands, Oscar Mayer was the leading refrigerated bacon brand in the United States, with sales of 212 million U.S. dollars in 2023. Private label bacon had higher sales that year, at 339 million U.S. dollars. Other popular brands include Hormel and Smithfield. Oscar Mayer is owned and operated by Kraft Heinz, which is the second leading vendor of refrigerated bacon in the United States. American breakfast foods Eggs, bacon, oatmeal, and pancakes are a few of the quintessential American breakfast foods that are found in kitchens and pantries across the country. Though preferences vary considerably from person to person, some of the most commonly preferred breakfast foods among Americans are eggs, hash browns/potatoes, and French toast/pancakes/waffles.
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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
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United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in U.S. City Average was 7.00900 Index in April of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in U.S. City Average reached a record high of 7.60800 in October of 2022 and a record low of 1.26600 in May of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in U.S. City Average - last updated from the United States Federal Reserve on May of 2025.
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United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban was 7.61500 Index in April of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban reached a record high of 8.23600 in October of 2022 and a record low of 1.35600 in June of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban - last updated from the United States Federal Reserve on May of 2025.
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Historical and current average prices for Bacon in the United States, measured per pound
The average retail price of bacon in Canada hit an all-time high of 7.34 Canadian dollars per 500 grams in December 2021 and again in August 2022. This price has decreased as of March 2024 to 6.27.
American vs. Canadian bacon
Bacon is a pork product which is commonly smoked or cured and eaten as a breakfast item. Bacon eaten in Canada, otherwise known as back bacon, is different to its American counterpart - American bacon, or streaky bacon, comes from the belly of the pig, whilst Canadian bacon comes from the pork loin. There is a difference in appearance as well as in taste, with American bacon containing a lot more fat than its leaner counterpart.
Pork industry in Canada
The volume of pork produced in Canada amounted to around 2.3 million metric tons in 2022, this is an increase of over 300,000 metric tons since 2010. Whilst production has increased over time, consumption has gradually decreased . Pork consumption in Canada amounted to an estimated 22.3 kilograms of carcass weight per capita in 2022, almost 10 kilograms less than in 1980. Canadian consumers’ views on eating less meat could be one reason for this decrease.
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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
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United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the South Census Region - Urban was 6.44500 Index in April of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the South Census Region - Urban reached a record high of 7.14900 in April of 2022 and a record low of 1.17600 in June of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the South Census Region - Urban - last updated from the United States Federal Reserve on May of 2025.
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United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban was 6.82300 Index in April of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban reached a record high of 8.09300 in October of 2022 and a record low of 1.22700 in May of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban - last updated from the United States Federal Reserve on May of 2025.
In January 2017, the average retail price of Bacon was approximately 3.9 British pounds per kilogram. During the same month in the preceding seven years, prices were higher and followed a downward trend only broken in January 2013 and 2014. By January 2017 prices had dropped by 62pence per kilogram as compared to 2010.
Price components
The retail price is made up of two components. The farm price, which reflects the cost of production and the farm to retail price spread, which accounts for the retail process itself, shipping and processing. In the case of UK bacon, the latter accounts for 60 to 70 percent of the retail price. The price increase in the beginning of 2013 and 2014 was due to an increased farm price.
UK market
Market volumes for bacon and ham have been dropping in recent years and are forecast to stagnate. Per capita consumption in the UK is expected to slightly decrease. Consequently, imports have also seen a downward trend in volume since 2009. Exports have fluctuated since 2003 with an overall upward trend since 2013.
In 2024, the U.S. retail price for one pound of pork chops amounted to 4.31 U.S. dollars. While the cost of pork chops (center cut, bone-in) has fluctuated over the past few decades, the average price has been closer to the four-dollar mark in recent years and was closer to the three U.S. dollars per pound in the 90s and early 2000s. Average expenditure on pork In the United States, consumers from Midwestern and Western states specifically, spent the most on pork in 2022. The average annual expenditure on pork per consumer unit was the lowest in the South. Types of pork There are various types of organic pork sold in the United States, including sliced bacon and dinner sausage. The most expensive category of organic pork in the United States in 2022 was sliced bacon, which cost consumers an average of nearly 18 U.S. dollars per pound. Pork is also available in different cut types, such as chops, roasts, and shoulder. Pork chops and ribs were among the favorites, generating the highest dollar sales in the United States in 2019.
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Graph and download economic data for Wholesale Price of Bacon for Chicago, IL (M04F4BUS16980M267NNBR) from Jan 1913 to May 1944 about meat, Chicago, wholesale, IL, price, and USA.
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US Bacon Market size was valued at USD 15.2 Billion in 2024 and is projected to reach USD 19.8 Billion by 2032, growing at a CAGR of 2.8% from 2025 to 2032.
Key Market Drivers:
Growing Foodservice Industry and Breakfast Segment: According to the National Restaurant Association's 2024 State of the Restaurant Industry Report, the US foodservice industry is expected to generate $1.1 trillion in sales by 2024. The breakfast category, where bacon is a key ingredient, has seen particularly strong growth, with the US Bureau of Labour Statistics estimating that breakfast meal costs will rise by 11.2% in 2023, showing strong demand. Breakfast sales at quick-service restaurants have been reported to account for up to 25% of overall revenue, fuelling higher bacon consumption.
Increasing Consumer Preference for Protein-Rich Foods: According to the USDA, per capita bacon consumption climbed to 18.3 pounds in 2023, up from 17.9 pounds in 2022.
This statistic depicts the average price of organic pork in the United States as of April 2022, by category type. In that year, the U.S. price for one pound of organic sliced bacon amounted to almost 18 U.S. dollars on average.
Monthly average retail prices for selected products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.
In 2024, the price of Bacon in the United Kingdom was about 80 pence per 100g. Plant-based bacon alternatives cost about 2.34 British pounds per 100g. This was the largest difference in prices between meat products and their plant-based alternatives. For meatballs, the price difference was only seven pence.
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https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."