North America Processed Meat Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

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 )

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North America Processed Meat Industry Overview

market-snapshot graph
https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Type: Pork
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country: United States
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 2.27 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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North America Processed Meat Market Analysis

The North America Processed Meat Market is projected to register a CAGR of 2.27%

  • Largest Segment by Type - Pork : Products such as bacon, sausages, and ham have boosted the demand for processed pork items in the North American region as they are majorly consumed for breakfast and lunch.
  • Largest Segment by Country - United States : Higher purchasing power and busy schedules of the consumers and the high rate of production due to feed availability are some of the major factors driving the US market.
  • Fastest-growing Segment by Type - Mutton : Demand for processed mutton and frozen lamb products is increasing as African and Middle Eastern populations, among whom these meats are popular, are growing in the region.
  • Fastest-growing Segment by Country - Mexico : The Mexican market is led by the increasing demand for processed beef and mutton. The booming online distribution offering these products is expected to drive the market.

North America Processed Meat Industry Segments

Beef, Mutton, Pork, Poultry are covered as segments by Type. Off-Trade, On-Trade are covered as segments by Distribution Channel. Canada, Mexico, United States are covered as segments by Country.
Type
Beef
Mutton
Pork
Poultry
Other Meat
Distribution Channel
Off-Trade
Convenience Stores
Online Channel
Supermarkets And Hypermarkets
Others
On-Trade
Country
Canada
Mexico
United States
Rest Of North America

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North America Processed Meat Market Trends

This section covers the major market trends shaping the North America Processed Meat Market according to our research experts:

Pork is the largest segment by Type.

  • The North American processed other meat segment includes lobsters, crabs, and oysters. It is projected to record the fastest revenue-based CAGR of 4.52% over the forecast period. With the increasing demand for quick-to-eat meals and the growing meat manufacturing industry, the market is projected to expand in the coming years. For instance, in Cuba, the on-trade channel records high sales of lobsters, as the channel offers a buy 1 get 1 scheme for lobster dishes. The increasing number of tourists, especially in Havana, is boosting the channel.
  • The processed beef segment held the largest revenue share of 65% in 2021, owing to the increasing consumption of processed beef meat, at 25.53 kg/capita, in the year. Over the forecast period, the market growth is likely to be driven by organic feed used by farmers. Increased consumer disposable income and the number of working professionals, which increased by 34% in 2021, may drive the market. 
  • In 2020, processed items accounted for more than 63% of the total revenue of the meat market. Companies are innovating their products to gain consumers' interest. They are also expanding the supply of meat products in the market for items like sausages, salami, hot dogs, ham, bacon, and corned beef, which are frequently preserved to maintain quality.
  • In July 2021, the USDA announced its intent to invest USD 500 million in the American Rescue Plan funds to expand the capacities of processed meat and poultry. With this investment, the market is likely to observe a constant Y-o-Y growth rate of 2% during the forecast period. The USDA is also issuing new rules on "Product of the USA” labels, which may further drive the processed meat market.
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United States is the largest segment by Country.

  • In North America, the overall sales by value for processed meat increased by 33% in 2020 from 2016. There is an increasing demand for ready-to-eat or ready-to-cook meat among consumers across the region, owing to their busy lifestyles. Factors such as long shelf life and hygienically processed and stored meat are boosting the growth of the North American processed meat market.
  • The United States is a major country that consumes processed meat in the North American region. The overall sales value for processed meat increased by 40% in 2021 since 2016. Of all processed meat, processed pork is the most consumed in the United States and accounts for the major share of 47%, followed by processed poultry with 28%. Processed meat has wide availability in supermarkets, convenience stores, departmental stores, and vending machines, further driving the market's growth in the United States.
  • Mexico is expected to be the fastest-growing country to consume processed meat in North America and is projected to register a CAGR of 3.34% during the forecast period. Mexicans usually prefer to consume processed meat, especially poultry. Due to this, Mexican animal health authorities are keen to gain recognition of avian influenza disease-free zones in the future, which is expected to further drive the market's growth.
  • Moreover, government bodies in the United States are investing in processing facilities to benefit American farmers. For instance, in July 2021, USDA invested USD 500 million in meat and poultry processing facilities to increase the capacity and make agricultural markets more accessible. It also announced more than USD 150 million for the existing small processing facilities to compete in the market and increase the consumer base.
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North America Processed Meat Market Competitor Analysis

The North America Processed Meat Market is fairly consolidated, with the top five companies occupying 79.17%. The major players in this market are Hormel Foods Corporation, Marfrig Global Foods SA, Sysco Corporation, Tyson Foods, Inc. and WH Group Limited (sorted alphabetically).

North America Processed Meat Market Top Players

  1. Hormel Foods Corporation

  2. Marfrig Global Foods SA

  3. Sysco Corporation

  4. Tyson Foods, Inc.

  5. WH Group Limited

*Disclaimer: Major Players sorted in no particular order

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North America Processed Meat Market Recent Developments

  • August 2022: Tyson Foods has announced the expansion of its Caseyville Prepared Foods Facility. The USD180 million investment project will help meet the growing demand for Tyson Foods’ iconic Hillshire Farm® and Jimmy Dean® branded products. The first line is expected to begin production this fall with the expansion set to be completed in the summer of 2023. The Caseyville plant currently produces Hillshire Farm® and Jimmy Dean® products and the 170,000 square foot expansion will specifically allow a larger production of grab-n-go snacking and breakfast items.
  • July 2022: Continental Grain Company and Cargill Inc. completed acquisition of Sanderson Farms, Inc and  have combined Sanderson Farms with Wayne Farms naming  Wayne-Sanderson Farms.
  • June 2022: Hormel foods launched newest product i.e HORMEL® NATURAL CHOICE® Sandwich Pepperoni. The product is free from preservatives, nitrites or nitrates.

North America Processed Meat Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. INTRODUCTION

    1. 2.1. Study Assumptions & Market Definition

    2. 2.2. Scope of the Study​

    3. 2.3. Research Methodology

  3. 3. KEY INDUSTRY TRENDS

    1. 3.1. Price Trends

    2. 3.2. Production Trends

    3. 3.3. Regulatory Framework

    4. 3.4. Value Chain & Distribution Channel Analysis

  4. 4. MARKET SEGMENTATION

    1. 4.1. Type

      1. 4.1.1. Beef

      2. 4.1.2. Mutton

      3. 4.1.3. Pork

      4. 4.1.4. Poultry

      5. 4.1.5. Other Meat

    2. 4.2. Distribution Channel

      1. 4.2.1. Off-Trade

        1. 4.2.1.1. Convenience Stores

        2. 4.2.1.2. Online Channel

        3. 4.2.1.3. Supermarkets And Hypermarkets

        4. 4.2.1.4. Others

      2. 4.2.2. On-Trade

    3. 4.3. Country

      1. 4.3.1. Canada

      2. 4.3.2. Mexico

      3. 4.3.3. United States

      4. 4.3.4. Rest Of North America

  5. 5. COMPETITIVE LANDSCAPE

    1. 5.1. Key Strategic Moves

    2. 5.2. Market Share Analysis

    3. 5.3. Company Landscape

    4. 5.4. Company Profiles

      1. 5.4.1. BRF S.A

      2. 5.4.2. Continental Grain Company

      3. 5.4.3. Hormel Foods Corporation

      4. 5.4.4. Industrias Bachoco SA de CV

      5. 5.4.5. JBS SA

      6. 5.4.6. Maple Leaf Foods

      7. 5.4.7. Marfrig Global Foods SA

      8. 5.4.8. OSI Group

      9. 5.4.9. Sysco Corporation

      10. 5.4.10. Tyson Foods, Inc.

      11. 5.4.11. WH Group Limited

  6. 6. KEY STRATEGIC QUESTIONS FOR MEAT INDUSTRY CEOS

  7. 7. APPENDIX

    1. 7.1. Global Overview

      1. 7.1.1. Overview

      2. 7.1.2. Porter’s Five Forces Framework

      3. 7.1.3. Global Value Chain Analysis

      4. 7.1.4. Market Dynamics (DROs)

    2. 7.2. Sources & References

    3. 7.3. List of Tables & Figures

    4. 7.4. Primary Insights

    5. 7.5. Data Pack

    6. 7.6. Glossary of Terms

List of Tables & Figures

    Figure 1:  

    NORTH AMERICA PROCESSED MEAT MARKET, BEEF, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 2:  

    NORTH AMERICA PROCESSED MEAT MARKET, MUTTON, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 3:  

    NORTH AMERICA PROCESSED MEAT MARKET, PORK, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 4:  

    NORTH AMERICA PROCESSED MEAT MARKET, POULTRY, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 5:  

    NORTH AMERICA PROCESSED MEAT MARKET, BEEF, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 6:  

    NORTH AMERICA PROCESSED MEAT MARKET, MUTTON, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 7:  

    NORTH AMERICA PROCESSED MEAT MARKET, PORK, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 8:  

    NORTH AMERICA PROCESSED MEAT MARKET, POULTRY, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 9:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME, METRIC TONNES, 2016 - 2028

    Figure 10:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE, USD, 2016 - 2028

    Figure 11:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, BY TYPE, 2016 - 2028

    Figure 12:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, BY TYPE, 2016 - 2028

    Figure 13:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME SHARE (%), BY TYPE, 2016 VS 2022 VS 2028

    Figure 14:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE SHARE (%), BY TYPE, 2016 VS 2022 VS 2028

    Figure 15:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, BEEF, 2016 - 2028

    Figure 16:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, BEEF, 2016 - 2028

    Figure 17:  

    NORTH AMERICA PROCESSED MEAT MARKET, BEEF, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 18:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, MUTTON, 2016 - 2028

    Figure 19:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, MUTTON, 2016 - 2028

    Figure 20:  

    NORTH AMERICA PROCESSED MEAT MARKET, MUTTON, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 21:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, PORK, 2016 - 2028

    Figure 22:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, PORK, 2016 - 2028

    Figure 23:  

    NORTH AMERICA PROCESSED MEAT MARKET, PORK, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 24:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, POULTRY, 2016 - 2028

    Figure 25:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, POULTRY, 2016 - 2028

    Figure 26:  

    NORTH AMERICA PROCESSED MEAT MARKET, POULTRY, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 27:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, OTHER MEAT, 2016 - 2028

    Figure 28:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, OTHER MEAT, 2016 - 2028

    Figure 29:  

    NORTH AMERICA PROCESSED MEAT MARKET, OTHER MEAT, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 30:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028

    Figure 31:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028

    Figure 32:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028

    Figure 33:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028

    Figure 34:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, BY OFF-TRADE, 2016 - 2028

    Figure 35:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, BY OFF-TRADE, 2016 - 2028

    Figure 36:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028

    Figure 37:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028

    Figure 38:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, CONVENIENCE STORES, 2016 - 2028

    Figure 39:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, CONVENIENCE STORES, 2016 - 2028

    Figure 40:  

    NORTH AMERICA PROCESSED MEAT MARKET, CONVENIENCE STORES, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 41:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, ONLINE CHANNEL, 2016 - 2028

    Figure 42:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, ONLINE CHANNEL, 2016 - 2028

    Figure 43:  

    NORTH AMERICA PROCESSED MEAT MARKET, ONLINE CHANNEL, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 44:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028

    Figure 45:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028

    Figure 46:  

    NORTH AMERICA PROCESSED MEAT MARKET, SUPERMARKETS AND HYPERMARKETS, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 47:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, OTHERS, 2016 - 2028

    Figure 48:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, OTHERS, 2016 - 2028

    Figure 49:  

    NORTH AMERICA PROCESSED MEAT MARKET, OTHERS, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 50:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, ON-TRADE, 2016 - 2028

    Figure 51:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, ON-TRADE, 2016 - 2028

    Figure 52:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028

    Figure 53:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028

    Figure 54:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028

    Figure 55:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028

    Figure 56:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, CANADA, 2016 - 2028

    Figure 57:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, CANADA, 2016 - 2028

    Figure 58:  

    NORTH AMERICA PROCESSED MEAT MARKET, CANADA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 59:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, MEXICO, 2016 - 2028

    Figure 60:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, MEXICO, 2016 - 2028

    Figure 61:  

    NORTH AMERICA PROCESSED MEAT MARKET, MEXICO, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 62:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, UNITED STATES, 2016 - 2028

    Figure 63:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, UNITED STATES, 2016 - 2028

    Figure 64:  

    NORTH AMERICA PROCESSED MEAT MARKET, UNITED STATES, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 65:  

    NORTH AMERICA PROCESSED MEAT MARKET, VOLUME IN METRIC TONNES, REST OF NORTH AMERICA, 2016 - 2028

    Figure 66:  

    NORTH AMERICA PROCESSED MEAT MARKET, VALUE IN USD, REST OF NORTH AMERICA, 2016 - 2028

    Figure 67:  

    NORTH AMERICA PROCESSED MEAT MARKET, REST OF NORTH AMERICA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 68:  

    NORTH AMERICA PROCESSED MEAT MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2022

    Figure 69:  

    NORTH AMERICA PROCESSED MEAT MARKET, TOTAL NUMBER OF STRATEGIC MOVES, 2017 - 2022

    Figure 70:  

    NORTH AMERICA PROCESSED MEAT MARKET SHARE(%), BY KEY PLAYERS, 2021

Market Definition

  • Meat - Meat is defined as the flesh or other edible parts of an animal used for food. The end use of the meat industry consists of only human consumption. Meat is generally purchased from retail outlets for home cooking and consumption. For the market studied, only uncooked meat has been considered. This could be processed in various forms, which have been covered under the “Processed” form. The other purchases of meat happen through the consumption of meat at foodservice outlets (restaurants, hotels, catering, etc.). ​
  • Other Meats - The other meat segment includes the meat of camel, horse, rabbit, etc. These are not so commonly consumed meat types but still, have a presence in distinct parts of the world. Regardless of it being part of red meat, we have considered these meat types separately for a better understanding of the market. ​
  • Poultry Meat - Poultry meat also called white meat, comes from birds raised commercially or domestically for human consumption. This includes chicken, turkey, ducks, and geese.​
  • Red Meat - Red meat typically has a red color when raw and a dark color when cooked. It includes any meat that comes from mammals, such as beef, lamb, pork, goat, veal, and mutton.​

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

For any queries related to research methodology, click here to schedule a call with our analysts.

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North America Processed Meat Market Research FAQs

The North America Processed Meat Market is studied from 2016 - 2028.

The North America Processed Meat Market is growing at a CAGR of 2.27% over the next 5 years.

Pork is growing at the highest CAGR over 2016 - 2028.

United States holds highest share in 2021.

Hormel Foods Corporation, Marfrig Global Foods SA, Sysco Corporation, Tyson Foods, Inc., WH Group Limited are the major companies operating in North America Processed Meat Market.

North America Processed Meat Industry Reports

In-depth industry statistics and market share insights of the North America Processed Meat sector for 2020, 2021, and 2022. The North America Processed Meat research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the North America Processed Meat report PDF.