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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Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."
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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United States Consumer Price: Average: Bacon, Sliced data was reported at 5.370 USD/lb in Oct 2018. This records a decrease from the previous number of 5.501 USD/lb for Sep 2018. United States Consumer Price: Average: Bacon, Sliced data is updated monthly, averaging 2.706 USD/lb from Jan 1980 (Median) to Oct 2018, with 466 observations. The data reached an all-time high of 6.366 USD/lb in Sep 2017 and a record low of 1.266 USD/lb in May 1980. United States Consumer Price: Average: Bacon, Sliced 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.
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.
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Discover the average price of pork per pound in the United States, and learn about the factors that can influence pork prices, such as supply and demand, market conditions, and production costs. Find out the varying prices of popular cuts like pork chops, pork tenderloin, pork shoulder, and bacon, and understand how local factors can affect the final price. Get accurate and up-to-date information on pork prices per pound by checking with local grocery stores, butcher shops, or online retailers.
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Graph and download economic data for Wholesale Price of Bacon for Chicago, IL (M04F4AUS16980M267NNBR) from Jan 1890 to Apr 1933 about meat, Chicago, wholesale, IL, price, and USA.
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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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.
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All white pre-packaged regular bread regardless of size. Includes frozen and fresh bread.
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.
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.
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消费价格:平均:培根片在10-01-2018达5.370USD/lb,相较于09-01-2018的5.501USD/lb有所下降。消费价格:平均:培根片数据按月更新,01-01-1980至10-01-2018期间平均值为2.706USD/lb,共466份观测结果。该数据的历史最高值出现于09-01-2017,达6.366USD/lb,而历史最低值则出现于05-01-1980,为1.266USD/lb。CEIC提供的消费价格:平均:培根片数据处于定期更新的状态,数据来源于Bureau of Labor Statistics,数据归类于全球数据库的美国 – 表 US.P001:消费价格。
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Current price of Pork Belly Composite. Daily U.S. Pork Cuts prices per pound, based on negotiated prices and volume of boxed pork cuts delivered within 0-14 days and on average industry cutting yields.
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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.