The size of the US Meat Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.42% during the forecast period. The meat industry in the United States includes the making, handling, and delivery of different types of meat, such as beef, pork, chicken, and processed meat items, playing a crucial role in the American food sector. Tyson Foods, JBS USA, and Hormel Foods are key players in the market, showcasing a variety of products and robust supply chain strengths. The increasing demand for plant-based and healthier meat alternatives is changing what consumers prefer, leading to new ideas in product creation. Furthermore, the market reach is broadening due to the rise of e-commerce and direct-to-consumer sales channels. Despite the ongoing challenges of volatile commodity prices and regulatory pressures, the industry's dedication to sustainability and food safety is helping to strengthen resilience. This path emphasizes the important position of the American meat industry in the country's food system and its opportunity for further expansion in response to changing consumer behaviors. Recent developments include: April 2023: Swift Prepared Food, a subsidiary of JBS USA, launched Principe Foods, which produces high-quality Italian meats and charcuterie.December 2022: JBS has acquired “certain assets” from US-based pork supplier TriOak Foods, strengthening its control over the supply chain.November 2022: Conagra Brands, Inc. has announced plans to invest about USD 60 million to expand the Troy facility's production capacity in Ohio, United States. Slim Jim products are mainly manufactured in the facility. Conagra stated that the 389,000 square foot plant will gain around 15,000 square feet as part of the expansion.. Key drivers for this market are: Increasing Demand for Low-Fat and Low-Calorie Food, Increasing Product Innovation. Potential restraints include: , Threat of New Entrants; Bargaining Power of Buyers/Consumers; Bargaining Power of Suppliers; Threat of Substitute Products; Degree Of Competition. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

United States Meat Market was valued at USD 152.78 billion in 2024 and is anticipated to grow USD 205.34 billion by 2030 with a CAGR of 5.11%.

The North America Processed Meat Market is segmented by Type (Beef, Mutton, Pork, Poultry), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

Over the past five years, the Meat Markets industry has endured heightened competition from traditional and nontraditional retailers, while health consciousness has turned some consumers off from meat altogether. Health concerns have also encouraged consumers to opt for specialty meat products over conventional, mass-retailed products. Organic, grass-fed and custom cuts are just some of the products that have boosted foot traffic to meat markets during the period. With the swelling popularity of ethnic food, more consumers are seeking uncommon cuts of meat, including oxtail, lamb ribs and top-blade steak, which are often difficult to find in supermarkets or wholesale clubs. Amid shifting consumer preferences, revenue for meat markets is estimated to strengthen at a CAGR of 2.9% to reach an expected $10.6 billion over the past five years, although revenue is anticipated to drop 0.2% in 2024 alone. COVID-19 inflated meat market sales to a historical high as consumers sought locally sourced and quality ingredients to cook their meals at home. The pandemic accelerated a trend toward health consciousness, which has had differing effects on meat market sales. Plant-based alternatives that mimic the taste and texture of meat are becoming more popular as consumers seek to expand their palates and consume less red meat for both health and environmental purposes. Still, meat remains a staple in the American diet and consumers have increasingly turned to butchers and delicatessens for organic, sustainable and high-quality meats. Rising disposable income has also supported demand for these high-margin meat products. Competition from alternative meat retailers, like supermarkets and online grocery delivery services, has intensified over the past five years and will continue expanding over the next five. Larger retailers will capitalize on their scale to offer lower prices, weakening meat markets' pricing power. Profit will struggle to expand in a more competitive environment. Demand for value-added meat products from butchers and delicatessens will persist, contributing to marginal growth for meat markets. Over the next five years, revenue is expected to inch up at a CAGR of 0.7%, reaching an estimated $11.0 billion in 2029.

The Processed Meat Market is segmented by Type (Beef, Mutton, Pork, Poultry), by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

The US meat market, a significant segment of the broader global meat industry, presents a dynamic landscape shaped by evolving consumer preferences, technological advancements, and economic factors. While precise figures for market size and CAGR are absent from the provided data, we can infer substantial growth based on established trends. The market's segmentation across meat types (beef, pork, poultry, and other meats) and forms (fresh/chilled, frozen, processed, canned) reveals diverse consumer demands and manufacturing capabilities. The dominance of beef and pork, coupled with increasing demand for convenient processed meat products like sausages and bacon, drives market expansion. The distribution channels—off-trade (supermarkets, convenience stores, online) and on-trade (restaurants, food service)—highlight the multifaceted nature of the market, with online channels experiencing significant growth fueled by e-commerce penetration. Key players such as Tyson Foods, Cargill, and JBS exert considerable influence, competing on factors like price, product quality, brand recognition, and supply chain efficiency. Growth in the US meat market is propelled by factors including rising disposable incomes, increasing population, and a sustained demand for protein-rich foods. However, challenges exist, including fluctuating livestock prices, concerns about animal welfare and environmental sustainability, and evolving consumer health consciousness driving demand for leaner options and plant-based alternatives. These challenges present opportunities for innovation in meat processing, packaging, and distribution, as well as the development of more sustainable and ethical farming practices. Market players are adapting to this by focusing on value-added products, premium cuts, and transparent supply chains, emphasizing traceability and quality control. Further analysis focusing on specific regions within the US, such as the Midwest or South, would provide a more granular understanding of the market's regional nuances. Recent developments include: April 2023: Swift Prepared Food, a subsidiary of JBS USA, launched Principe Foods, which produces high-quality Italian meats and charcuterie.December 2022: JBS has acquired “certain assets” from US-based pork supplier TriOak Foods, strengthening its control over the supply chain.November 2022: Conagra Brands, Inc. has announced plans to invest about USD 60 million to expand the Troy facility's production capacity in Ohio, United States. Slim Jim products are mainly manufactured in the facility. Conagra stated that the 389,000 square foot plant will gain around 15,000 square feet as part of the expansion.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The United States Red Meat Market is segmented by Type (Beef, Mutton, Pork), by Form (Canned, Fresh / Chilled, Frozen, Processed) and by Distribution Channel (Off-Trade, On-Trade). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

The U.S. Beef Marketsize was valued at USD 102.00 USD Billion in 2023 and is projected to reach USD 141.62 USD Billion by 2032, exhibiting a CAGR of 4.80 % during the forecast period. This type of meat comes from cattle and is favored for its advantageous nutritive value as well as tenderness and palatability. It has multiple subcategories, which include; Prime, choice, and Select, all of which are sorted depending on the marbling and its age. Some of the top severs include Rib-eye, tenderloins, and briskets with their own differences in texture and taste. Tenderness and juiciness are examples of qualities that may well differ greatly depending on which cut of meat and even how it was prepared for consumption. Beef is a cut with a broad variety of applications, from steaks and roasts, right through to ground beef for burgers and casserole dishes amongst a plethora of other uses making it a form of quality steak for consumption all over the world. Recent developments include: January 2024 – Greater Omaha Packing Inc. announced the acquisition of Heartland Proteins, solidifying its commitment to meeting the increasing demand for bovine-originated products. This strategic move significantly expands Greater Omaha’s capabilities, allowing the company to serve a broader customer base better., September 2022 – American Foods Group, LLC (AFG) opened a new state-of-the-art beef processing facility in Warren County, Missouri. This major development will benefit Missouri's agricultural producers and consumers in getting products easily, with USD 94 billion contributing to its economy annually., November 2021 – AFG invested in a new beef processing facility to advance processing capacity and organically expand its portfolio to align with its growth strategy. As per the company, once fully operational, the facility should process around 2,400 cattle per day. The effort to bring the new AFG facility to Missouri has also included the Missouri Departments of Agriculture and Economic Development, Greater St. Louis, Inc., and the Missouri Partnership., August 2020 – Agri Beef Co. partnered with producers in the Jerome, Idaho area to build a new processing facility known as True West Beef. The partnership aims to provide processing solutions to companies affected by COVID-19 pandemic-induced disruptions., June 2020 – Harris Ranch Beef delivered premium USDA Choice steaks and ground beef. The company launched an online store that features its most popular hand-cut steaks, ground beef, and other unique selections. This online store helped the company increase its sales in the U.S. market.. Key drivers for this market are: Increasing Per Capita Spending on Beef Products in the U.S. to Drive the Market Growth. Potential restraints include: Escalating Inclination of Consumers Towards Plant-based Protein May Hinder the Market Growth. Notable trends are: Increasing Involvement of Consumers in E-commerce to Support the Market Growth .

The U.S. plant-based meat market was valued at USD 2.25 billion in 2023 and is projected to reach USD 5.25 billion by 2029, growing at a CAGR of 15.18%.

In recent years, the US Meat, Beef and Poultry Processing industry has shown remarkable resilience and adaptability in response to changing consumer preferences and technological advancements. The sector has effectively managed challenges like fluctuating raw material costs and regulatory changes while capitalizing on the rising demand for processed and convenience foods. Processors have increasingly turned to technological innovations like automation and robotics to enhance production capabilities and maintain product consistency. These advancements have improved operational efficiency and addressed food safety and quality concerns, thereby boosting consumer confidence in processed meat products. Over the past five years, revenue has grown at a CAGR of 1.2% to $294.6 billion, despite an expected 1.2% drop in 2025. Profit is expected to rise to 11.9% of revenue in 2025 from 6.8% in 2020. Consumer trends favoring convenience and health-conscious choices have notably influenced the industry. There has been a significant uptick in demand for value-added products like pre-packaged cuts and ready-to-cook options, mirroring changing consumer lifestyles and dietary preferences. Technological innovations have been pivotal in meeting these demands, with processors leveraging AI and IoT to bolster production monitoring and quality control. Also, sustainability has come to the forefront, prompting the adoption of eco-friendly practices to reduce environmental impact and improve resource efficiency. The US Meat, Beef and Poultry Processing industry is primed for continued evolution and growth. Future trends include integrating advanced technologies to optimize production processes and meet rising consumer expectations for transparency and sustainability. Efforts to reduce the industry's carbon footprint through adopting renewable energy and innovative packaging solutions are expected to grow. Moreover, demographic shifts and cultural influences are anticipated to drive demand for diverse product offerings that cater to multicultural tastes and dietary preferences. As the industry navigates these trends, collaboration with stakeholders across the supply chain and proactive adaptation to regulatory changes will be crucial for sustaining growth and meeting future market demands. Overall, revenue is forecast to drop at a CAGR of 1.9% to $267.1 billion over the five years to 2030.

The U.S. meat, beef, & poultry processing market size was $290.2 billion in 2024, and it will grow by 3.1% during 2025-2032, to reach $366.1 billion by 2032.

The U.S. Meat Market size was valued at USD 170.38 USD Billion in 2023 and is projected to reach USD 316.09 USD Billion by 2032, exhibiting a CAGR of 9.23 % during the forecast period. Meat is a globally consumed calorific treasure, and this involves cutting up, in most cases, the flesh of animals reared for this purpose, such as cattle, fowl, and pigs. The major property of our product by far is its high protein content, crucial to muscle destruction and reconstruction, as well as a mass of nutrients like iron, zinc, and B vitamins, which vitally benefit health. More than just a nutritional element, meat gives a rich sensory experience gifted with its appetizing tastes and texture. They make the food excellent. It plays the role of a flexible ingredient that can be used virtually in many ways, ranging from frying, which is commonly used, to roasting and stewing according to one’s personal preference and culture. Besides the positive qualities of meat intake, such as the fullness of the feeling and the consequent appetite control, for instance, managing weight, Unlike the fats found in vegetable oils, which are generally unsaturated, the ones in palm oil are very saturated, which serves as a concentrated energy source that supports physical activities and metabolic functions, relative prices, and available leisure time are important determinants shaping U.S. consumer demand for meat products. Key drivers for this market are: Increasing Use of UCO in Biodiesel Industry Drives Market Growth. Potential restraints include: Rising Popularity of Veganism & Plant-based Meat Products to Act as a Key Restraint for Market Growth.

Hormel Foods Inc. was among the top meat and poultry processing company in the United States in 2024. In that year, the company generated an estimated ** billion U.S. dollars net revenue. Tyson Foods Tyson is one of the biggest players in the global meat processing market. In 2018, it was ranked ****** on a list of the world’s top food brands by brand value. One of the biggest product segments of Tyson Foods is fresh and processed chicken meat. Of all the companies in the U.S. processed chicken market, Tyson generated the highest level of sales. Meat production in the United States The United States is one of the top meat producers in the world. In 2019, the volume of U.S. beef and veal production reached about ***** million metric tons, more than any other country. The United States also produced the highest volume of broiler meat (chicken) worldwide in that year. Most of the chickens in the United States are raised in Iowa, Indiana, and Ohio.

United States cultured meat market size reached USD 57.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,133.9 Million by 2033, exhibiting a growth rate (CAGR) of 34.68% during 2025-2033​. The ongoing advancements in tissue engineering, biotechnology, and cell culture techniques, which can make the cultured meat production more scalable and cost-effective, are driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on source, application, and end user.

Snapshot img

US Beef Market Size 2025-2029

The US beef market size is forecast to increase by USD 9.1 billion at a CAGR of 3.5% between 2024 and 2029.

The US beef market is experiencing significant growth due to rising consumer preferences and demand for protein-rich foods, particularly beef. However, this market faces challenges in areas such as beef preservation and sustainability. Innovations like cell culture technology and plant-based meat alternatives, made from wheat gluten and other plant-based proteins, are gaining popularity among health-conscious consumers, especially those with type 2 diabetes. 
Logistics and dining out continue to be major areas of focus, with the need for efficient supply chain management and food safety regulations. Overall, the beef market In the US is undergoing significant changes, driven by consumer preferences, technological innovations, and sustainability concerns.

What will be the Size of the US Beef Market During the Forecast Period?

Request Free Sample

The US beef market, a significant segment of the animal-sourced protein industry, continues to exhibit robust growth In the food sector. With increasing health consciousness among consumers, beef's nutrient-dense profile, including high protein value, essential nutrients, and relatively lower calorie content compared to other meats, positions it as a preferred choice for many. The market's sizeable consumer base includes cafes and eateries catering to middle-class populations and the working population, who seek convenient food options. Beef's versatility, with offerings ranging from steaks and ground cuts to burgers and rolls, appeals to diverse dietary preferences. The industry's focus on sustainable practices and the use of feed materials ensures a steady supply of high-quality beef.
However, the rise of plant-based proteins and changing dietary habits, particularly among younger generations, may impact the market's growth trajectory. The beef industry remains a vital contributor to the food sector, offering a rich source of essential nutrients for consumers.

How is this US Beef Industry segmented and which is the largest segment?

The beef in US industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Type

  Loin
  Brisket
  Shank
  Others


Product

  Fresh beef
  Processed beef


Geography

  US

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. The US beef market caters to the demand for animal sourced protein In the food sector, with beef being a preferred choice due to its high nutritional value, particularly in terms of protein, iron, and zinc. Middle class consumers and the working population prioritize beef for its taste and health benefits, leading to its popularity in cafes and eateries. Convenience foods, such as steaks, ground cuts, burgers, rolls, and roasts, are widely consumed due to their ease of preparation and long shelf life. companies In the beef industry focus on sustainability, offering premium and organic beef, as well as sustainable farming practices and traceability.

Food safety and nutritional content are key concerns, with an increasing emphasis on disease resistance and meat quality through genetic engineering and sustainable practices. The market includes various cuts, such as brisket, shank, and loin, and cater to diverse consumer preferences, including Kosher and Halal requirements. Distribution channels include meat processing facilities, retail outlets, and online channels, with branded products and premiumization trends driving growth. Research organizations and industry reports highlight the importance of sustainable farming practices, environmental impact, and consumer preferences in shaping the future of the beef market. The market is expected to grow, driven by increasing health consciousness and dietary preferences, as well as the availability of plant-based protein alternatives, such as soy, peas, and wheat gluten, and lab-grown meat.

Get a glance at the Beef in US Industry report of share of various segments Request Free Sample

The Offline segment was valued at USD 38.00 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise In the adoption of Beef in US Industry?

Rising consumer preferences and demand for beef is the key driver of the market.The US beef market is experiencing significant chan

The size of the U.S. Plant-based Meat Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 23.9 % during the forecast period. Plant-based meat refers to food products designed to mimic the taste, texture, and appearance of traditional animal-based meat, but made entirely from plants. These products are typically crafted from ingredients like soy, pea protein, lentils, mushrooms, and other plant-based sources, which are processed and flavored to replicate the characteristics of meat. Plant-based meats are often used as alternatives in popular meat dishes such as burgers, sausages, and nuggets, offering a solution for individuals who choose not to consume animal products for reasons related to health, ethics, or environmental sustainability. The rise in plant-based meat consumption is driven by growing awareness of the environmental impact of livestock farming, concerns about health risks associated with excessive meat consumption, and a desire for cruelty-free food options. These products aim to provide similar nutritional benefits, such as protein and iron, while often being lower in saturated fat and free from cholesterol. Plant-based meats are seen as a key innovation in the food industry, contributing to a shift towards more sustainable and ethical food systems.

The value of the global meat sector was estimated to value at **** billion U.S. dollars in 2024, and was forecast to increase to ****** billion U.S. dollars by 2030. Global meat industry The production volume of meat worldwide has seen a slight increase between 2016 and 2020, from ***** million metric tons to around *** million metric tons. During that time period, pork and poultry were the two most produced types of meat in terms of weight. In 2016 and 2017, pork had a slightly larger production volume than poultry, but between 2017 and 2020, poultry overtook pork as the leading of meat worldwide. Beef in the United States The United States is the world’s leading producer of beef and veal as of 2020. In that year, the U.S.’s beef production amounted to **** million metric tons. The United States also has the largest domestic consumption of beef of any country. On a regional level, the amount that each consumer in the United States spends on beef on an annual basis varies quite significantly, with the Western United States having the highest household expenditure on beef, and the Midwest having the lowest.

Snapshot img

Meat Market Size 2024-2028

The meat market size is forecast to increase by USD 537.1 billion at a CAGR of 6.78% between 2023 and 2028.

The market is experiencing significant growth, driven by several key factors. Advancements in technology have led to increased efficiency in livestock farming and processing, resulting in a larger supply of meat products. This trend is particularly prominent in developed markets, where consumers demand high-quality, consistent products. Another significant driver is the rising demand for grass-fed and organic meat. Consumers are increasingly conscious of their health and the environmental impact of their food choices, leading to a growing preference for meat that is raised without antibiotics or hormones. This trend is expected to continue, presenting opportunities for companies that can meet this demand. However, the market also faces challenges, including the increasing prevalence of livestock diseases. Outbreaks of diseases such as Avian Flu and Mad Cow Disease have led to significant disruptions in the supply chain and increased costs for producers. Companies must invest in disease prevention and management strategies to mitigate these risks and ensure a steady supply of high-quality meat products. In summary, the market is characterized by strong growth, driven by advancements in technology and increasing demand for grass-fed and organic meat. However, companies must also navigate the challenges posed by livestock diseases to capitalize on these opportunities and maintain a competitive edge. By focusing on innovation, sustainability, and disease prevention, companies can effectively meet consumer demands and thrive in this dynamic market.

What will be the Size of the Meat Market during the forecast period?

Request Free SampleThe market encompasses a diverse range of products, including fresh and processed meats, such as lean meats, processed meats like sausages and bacon, and emerging alternatives like cultured and plant-based meat. Consumers' shifting preferences towards protein-rich diets and ethical production methods are driving demand for meat that prioritizes animal welfare. This trend is reflected in the growing popularity of pre-cooked and ready-to-eat meat options, which offer convenience and reduced preparation time. Additionally, the rise of clean meat and fermented meat production methods is poised to disrupt traditional meat processing techniques. Overall, the market is experiencing significant growth and innovation, as industry players adapt to evolving consumer preferences and technological advancements. Key trends include the increasing importance of healthier diets, the expansion of the plant-based and cultured meat sectors, and the continued demand for lean and ethically-produced animal meat.

How is this Meat Industry segmented?

The meat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductPoultryPorkBeefOthersTypeProcessedFreshGeographyEuropeFranceGermanyAPACChinaJapanNorth AmericaUSSouth AmericaMiddle East and Africa

By Product Insights

The poultry segment is estimated to witness significant growth during the forecast period.The global poultry the market is projected to expand due to several factors, including the affordability of poultry production, which is attributed to a high feed conversion rate. The increasing popularity of poultry in the restaurant industry, particularly in the fast-food and fast-casual dining sectors, and the rising disposable incomes of consumers are also significant contributors to market growth. Key emerging markets for poultry meat are China, Brazil, and India, which have large populations. Poultry is classified as white meat, which is generally considered healthier than red meat due to its lower saturated fat content. Essential nutrients, such as protein, amino acids, and healthy fats like omega-3 fatty acids, are abundant in poultry meat. Ethical meat production practices, including grass-fed, organic, and free-range production, are gaining popularity among consumers, leading to the demand for higher product quality and animal welfare. The market encompasses various forms of poultry meat, including fresh, chilled, frozen, and processed meats, such as cured meats, dried meats, and roasted meats. The convenience of precooked meat, convenience meats, and home delivery models caters to the demands of fast-paced lifestyles and culinary tastes. However, concerns regarding animal husbandry practices, such as the use of antibiotics and hormones, and the potential health risks associated with processed meats, such as an increased risk of oesophageal, gastric, and colorectal cancers, cardiac issues, and infectious diseases like E. Coli, African swine fever, and meat-associ

The United States edible meat market is a significant sector, characterized by a robust demand driven by a large population and established consumption patterns. While precise figures for market size and CAGR are absent from the provided data, we can infer substantial growth based on general industry trends. The market is segmented by meat type (beef, mutton, pork, poultry, other), form (canned, fresh/chilled, frozen, processed), and distribution channel (off-trade: convenience stores, online, supermarkets/hypermarkets; on-trade: restaurants, etc.). The dominance of beef and poultry is expected to continue, reflecting established consumer preferences. However, increasing health consciousness may drive growth in alternative protein sources categorized under "other meat," potentially including plant-based alternatives. The processed meat segment is likely to witness both growth and challenges, influenced by evolving consumer awareness regarding health and sodium content. The expansion of online grocery delivery services is significantly impacting the distribution channel, with supermarkets and hypermarkets retaining a substantial market share despite online growth. Major players such as Tyson Foods, JBS SA, and Cargill Inc. dominate the market through established supply chains, branding, and product diversification. Future market dynamics will likely hinge on factors such as consumer preferences, economic conditions, advancements in meat processing technology, and regulatory changes related to animal welfare and sustainability. The forecast period (2025-2033) suggests continued growth, though the precise CAGR will depend on several interwoven factors. Innovation in product offerings, including value-added processed meats and sustainably sourced products, will likely shape the competitive landscape. Price fluctuations in livestock feed, economic downturns, and shifts in consumer dietary habits could present headwinds. Successful companies will need to adapt to evolving consumer demands by investing in research and development, improving supply chain efficiency, and strengthening their brands through marketing and sustainability initiatives. The increasing focus on transparency and traceability in the food supply chain will also necessitate greater investment in technology and data management. Recent developments include: February 2023: Sysco Corporation has launched its new ‘Recipe for Sustainability’ program. Through this program, Sysco will collaborate with top Students at Arizona State University and Pennsylvania State University to explore innovations that will accelerate climate action and lead the industry towards a more sustainable future.December 2022: JBS USA, a subsidiary of JBS SA, announced it reached an agreement to acquire certain assets from TriOak Foods for an undisclosed amount. Operations of TriOak Foods include live pork production, grain merchandising, and fertilizer marketing.July 2022: Cargill Incorporated partnered with Continental Grain Company to acquire Sanderson Farms. Upon completion of the acquisition, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to form a new, privately held poultry business. The combination of Sanderson Farms and Wayne Farms will create a best-in-class US poultry company with a high-quality asset base, complementary operating cultures, and an industry-leading management team and workforce.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Type:FrozenCannedChilledFreshAnimal Type:BeefPigPoultryOthersDistribution Channel:Hypermarkets/SupermarketsConvenience StoresSpecialty StoresOnline RetailFoodservice Recent developments include: May 2023: Tyson Foods' Claryville facility announced its expanded cocktail sausage manufacturing capacity, a move aimed at meeting heightened customer demand for its Hillshire Farm brand products. This expansion, costing USD 83 million, involves adding 15,000 square feet to the existing 342,000 square foot facility and integrating state-of-the-art equipment to boost production by 50%, enhancing customer service capabilities., April 2023: the producers of the HERDEZ brand introduced the HERDEZ Mexican Refrigerated Entrées line, featuring two enticing varieties: HERDEZ Chicken Shredded in Mild Chipotle Sauce and HERDEZ Carnitas Slow Cooked Pork. Notable trends are: Increasing health consciousness and rising preference for protein-rich diets among individuals are driving the market growth.