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United States Processed Meat Market Growth Trends Report 2025-2033: Consumer Demand for Convenience, Demand from Food Service Industry, Intense Competition, Rising Raw Material Costs

United States Processed Meat Market Growth Trends Report 2025-2033: Consumer Demand for Convenience, Demand from Food Service Industry, Intense Competition, Rising Raw Material Costs

The 'United States Processed Meat Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering.
United States Processed Meat market is expected to reach US$ 168.5 billion by 2033 from US$ 117.9 billion in 2024, with a CAGR of 4.05% from 2025 to 2033
Market sales are increased by elements including accessibility, price, ease of use, and palatable flavor. There are numerous variations of the same product and ongoing innovation in the processed meat sector. In the processed category, clean-label and all-natural products are still popular. Popular claims on labels for processed meat products include low-sodium, low-fat, low-calorie, no MSG, and free of additives and preservatives.
The market for processed meat is extensively used in institutional and retail contexts. Due to consumer preferences for shopping at supermarkets, hypermarkets, and online, retail sales are significant. Additionally, demand is driven by the food service business, specifically the HoReCa sector.
In order to meet the needs of animals for protein, vitamins, or minerals, forage-based diets are strategically supplemented by technology-driven meat manufacturers in the United States. With a nearly 30% market share in 2022, the US ranks among the world's top producers of beef. In 2022, the nation's beef production increased by 354.9 million pounds to 28.4 billion pounds. Missouri, Texas, Oklahoma, and Ohio are the leading beef-producing states in the United States. About 2.9 million cattle were killed in Ohio in 2022, making it one of the top beef-producing states in the country. Additionally, Ohio produced 2% more beef in 2022 than it did in 2021.
Additionally, Cargill Inc. acquired two meat facilities from longtime partner Ahold Delhaize USA in February 2024. To increase its production and supply merchants in the Northeast region of the nation with supermarket-case-ready beef and pork, the company has made investments in two processing facilities.
Growth Drivers for the United States Processed Meat Market
Rising Consumer Demand for Convenience
The market for processed meat in the United States is expanding due in large part to rising customer desire for convenience. Customers are looking for products that require little cooking time and rapid preparation because their lives are becoming more and more hectic. Processed meats that are ready to eat, such cold cuts, sausages, and deli meats, meet this need well and offer a convenient option for meals and snacks.
Furthermore, frozen processed beef products are becoming more and more well-liked due to their extended shelf life and ease of meal preparation. The need for quick, easy food options has increased as more people work longer hours and value convenience. As a result of this change, processed meat sales have increased in supermarkets, convenience stores, and online marketplaces, bolstering the U.S. market's ongoing growth.
Increased Disposable Income
The US processed meat business is expanding as a result of customers' increased ability to spend more on high-end goods due to their increased disposable income. Consumers are willing to spend more for premium processed meats, like organic, grass-fed, and gourmet varieties, when family earnings improve.
Consumer desires for quality and transparency in food sources are expanding, and these high-end items are perceived as healthier, more sustainable, and better tasting. Additionally, consumers are more likely to experiment with specialized meats like premium cuts, cured meats, and artisanal sausages as their discretionary income increases. This tendency is especially prevalent among wealthy, health-conscious consumers who are prepared to spend money on high-end foods, which is driving up demand for upscale processed beef products and opening up new markets.
Demand from Food Service Industry
One of the main factors propelling the processed meat market in the United States is the expanding demand from the food service sector. Processed meats are widely employed in a variety of menu items, such as sandwiches, burgers, wraps, salads, and breakfast options, as the fast-food and restaurant industries continue to grow. Popular processed meats including deli meats, bacon, sausage, and ham are used extensively in quick-service and fast-casual restaurants since they are essential to many restaurant recipes.
Additionally, because processed meats are simple to handle, store, and cook in big numbers, the growing popularity of delivery and takeout services has increased the use of processed meats. The food service industry's increasing reliance on processed meats fosters market expansion and opens up new business prospects for producers.
Challenges in the United States Processed Meat Market
Intense Competition
The increased popularity of plant-based meat substitutes is a major factor driving the fierce competition in the US processed meat sector. Customers who are worried about the health hazards of processed meats, such as their high sodium content, preservatives, and saturated fats, are drawn to these substitutes, which are frequently promoted as better and more ecologically friendly options.
Products derived from plants, such as soy, pea protein, and mushrooms, are thought to address these issues and satisfy consumers' growing need for cruelty-free and sustainable food sources. In order to stand out from the competition and hold onto market share, traditional processed meat companies are under pressure to innovate, whether through cleaner labels, healthier formulations, or new product offers. In order to remain competitive in a changing market, meat producers are being forced to reconsider their tactics due to the trend toward plant-based diets.
Beef's popularity and versatility may drive dominance in processed meats
Beef could be a dominant meat type in the U.S. processed meat market. This is because of its enormous reputation and adaptable utilization. With a wealthy flavor profile and diverse applications, beef merchandise attracts a broad purchaser base. Its adaptability in various processed meat forms, such as sausages, burgers, and deli meats, makes it a staple in American diets. Further, the established beef enterprise infrastructure ensures steady supply and quality, further solidifying beef's prominent role in the United States processed meat market.
Chilled processed meat's freshness and convenience may lead market dominance
Chilled processed meat holds the potential for the largest share of the United States processed meat. This is because of its freshness, enchantment, and convenience. With purchasers increasingly prioritizing convenience without compromising quality, chilled processed meat products provide stability in shelf life and freshness. These merchandises undergo minimal processing, retaining natural flavors and textures, which resonates nicely with health-aware consumers. Further, the extensive availability of refrigeration infrastructure guarantees the accessibility and preservation of chilled processed meat. This is contributing to its dominance in the U.S. processed meat market.
Hypermarkets and supermarkets drive significant sales in the processed meat market
Hypermarkets and supermarkets are among the leading sections of the United States processed meat market. This is because of their massive reach and various product offerings. These retail giants offer a wide selection of processed meat products under one roof, imparting comfort and range to purchasers. Also, their strategic locations and efficient supply chain control ensure regular availability and competitive pricing. The extensive client base and promotional activities further bolster their dominance, making hypermarkets and supermarkets the preferred destination for processed meat purchases in the U.S.
Company Analysis: Overview, Recent Developments, Revenue Analysis
Hormel Foods
Tyson Foods
Conagra Brands Inc.
General Mills
Kraft Heinz Company
Cargill, Incorporated
Pilgrim's Pride Corp.
Key Attributes:
Report Attribute Details
No. of Pages 70
Forecast Period 2024 - 2033
Estimated Market Value (USD) in 2024 $117.9 Billion
Forecasted Market Value (USD) by 2033 $168.5 Billion
Compound Annual Growth Rate 4.0%
Regions Covered United States
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Unites States Processed Meat Market
6. Market Share
6.1 By Meat Types
6.2 By Processed Types
6.3 By Distribution Channels
7. Meat Types
7.1 Poultry
7.2 Beef
7.3 Pork
7.4 Others
8. Processed Types
8.1 Frozen
8.2 Chilled
8.3 Canned
9. Distribution Channels
9.1 Hypermarkets and Supermarket
9.2 Convenience Stores
9.3 Online Retail Stores
9.4 Others
10. Porter's Five Forces
10.1 Bargaining Power of Buyer
10.2 Bargaining Power of Supplier
10.3 Threat of New Entrants
10.4 Rivalry among Existing Competitors
10.5 Threat of Substitute Products
11. SWOT Analysis
11.1 Strengths
11.2 Weaknesses
11.3 Opportunities
11.4 Threats
12. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/md0ppy
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com:
Laura Wood, Senior Press Manager
[email protected]
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KEYWORD: UNITED STATES NORTH AMERICA
SOURCE: Research and Markets
Copyright Business Wire 2025.
PUB: 04/11/2025 04:43 AM/DISC: 04/11/2025 04:43 AM

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Trump tariffs live updates: US-China trade talks to continue on Tuesday after signs of progress
Trump tariffs live updates: US-China trade talks to continue on Tuesday after signs of progress

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Trump tariffs live updates: US-China trade talks to continue on Tuesday after signs of progress

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Stock market today: S&P 500, Nasdaq gain as upbeat US-China trade talks continue
Stock market today: S&P 500, Nasdaq gain as upbeat US-China trade talks continue

Yahoo

time44 minutes ago

  • Yahoo

Stock market today: S&P 500, Nasdaq gain as upbeat US-China trade talks continue

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There's always a chance it will debut a new piece of hardware too. Apple (AAPL) stock rose 0.5% in premarket trading ahead of the event. Read our tech editor's preview of everything to expect from Apple WWDC 2025. Robinhood (HOOD) stock slipped 4% after it didn't make it into the benchmark S&P 500 index as some speculated it might. S&P Dow Jones Indices did not make any changes to S&P 500 membership as part of its quarterly rebalancing. Reuters reports: Read more here. Shares of Warner Bros. Discovery (WBD) rose more than 6% in premarket trading on Monday after the media company said it would split into two companies. Warner Bros. will separate its studios and streaming business, which includes HBO Max, and its cable television networks, including CNN. The split is expected to be completed by mid-2026. Reuters reports: Read more here. Economic data: New York Fed one-year inflation expectations (May); Wholesale trade sales month-over-month (April) Earnings: Casey's (CASY) Here are some of the biggest stories you may have missed overnight and early this morning: All eyes on AI as Apple takes the stage for WWDC A quieter summer is coming for stocks: Wall Street experts Hopes for US-China thaw as trade talks resume Senate GOP to lay out major revisions to Trump's tax bill Resilient economy to limit summer pullback in stocks: MS, Goldman Meta is set to throw billions at startup that leads in AI data China exports to US fall by most since 2020 despite tariff truce Here are some top stocks trending on Yahoo Finance in premarket trading: Robinhood (HOOD) stock fell 5% before the bell on Monday after the S&P Dow Jones Indices made no changes to the S&P 500 in its quarterly rebalancing. Tesla (TSLA) stock also dropped on Monday in premarket trading after CEO Elon Musk criticized President Trump's tax bill. Strategy (MSTR) stock rose on Monday by 2%. A SEC filing revealed the company had purchased 705 bitcoin during the period of May 26 to June 1 at an aggregate purchase price of $75.1M. Wall Street strategists are growing optimistic about US stocks, with forecasters at Morgan Stanley (MS) and Goldman Sachs Group (GS) the latest to suggest resilient economic growth would limit any pullback over the summer. Bloomberg reports: Read more here. Treasury Secretary Scott Bessent said "good meeting" following the high level talks between China and the US which took place on Monday. Investors have been paying close attention to any developments on the trade front after President Trump and his Chinese counterpart Xi Jinping held a phone conversation last week. Yahoo Finance's Dan Howley reports: Bitcoin (BTC-USD) surged more than 2% on Monday, rising above $108,000 per token. As momentum for crypto builds, the cryptocurrency is up 16% year-to-date. Crypto-related stocks also rose. Strategy (MSTR), the largest holder of bitcoin among public companies, rose more than 4%. MARA Holdings (MARA) and Galaxy Digital (GLXY-TO) also gained on the heels of bitcoin's surge. Yahoo Finance's Josh Schafer reports: Read more here. Apple (AAPL) announced a new operating system redesign called "Liquid Glass" on Monday. The new design was unveiled at its annual Worldwide Developers Conference, an event where the iPhone maker announces its latest tech advancements. Apple shares were down more than 1.5% during the event. Yahoo Finance's Pras Subramanian reports: Read more here. Shares of International Business Machines (IBM) hit all-time highs on Monday, surpassing a market cap of $250 billion for the first time in the company's history. IBM stock is up more than 23% year to date as recent acquisitions have helped the company, once known for computer mainframes, enter the high-growth software and services space. Over the past year, the stock is up roughly 60%. New data from the New York Fed suggests Americans are gaining confidence in the labor market, even as broad uncertainty around trade policy, interest rates, and other unknowns clouds the economic outlook. According to the New York Fed's May 2025 Survey of Consumer Expectations, the perceived chance that the US unemployment rate will rise over the next year fell by 3.3 percentage points to 40.8%. It's a notable drop as the labor force remains mostly stable. But the figure still sits above the 12-month average of 37.7%, suggesting caution hasn't disappeared entirely. Consumers are also feeling a bit more secure in their own roles. The perceived likelihood of losing a job over the next year fell to 14.8%, the lowest level since early this year. At the same time, the expected quit rate, or the probability of voluntarily leaving one's job, nudged slightly higher to 18.3%. Inflation expectations also cooled in May, mirroring the improved outlook in the labor market, just ahead of this Wednesday's Consumer Price Index (CPI) release. Tesla (TSLA) recovered from a 4% drop on Monday, following two analyst downgrades after CEO Elon Musk's public feud with President Trump. Baird has downgraded the stock from Outperform to Neutral, citing excessive optimism surrounding the company's Robotaxi rollout, fading EV tax credits, and the public clash between Musk and Trump, which sent the stock reeling last week. Argus Research also lowered its recommendation to Hold, pointing out the political fallout from Musk's war of words with Trump. The company is reportedly planning to launch its latest robotaxi on Thursday, June 12. Circle's stock (CRCL) surged for a third day in a row on Monday following its blockbuster IPO last week. Shares of the stablecoin issuer gained more than 15% to trade near $122 per share, raising the company's market cap to roughly $24 billion. The move follows gains on Thursday and Friday, when the stock rose as much as 200% shortly after its long-anticipated public market debut. Stocks edged higher on Monday amid hopes that US-China trade talks will ease tariff tensions and eventually lead to a permanent deal between the two leading economies. The S&P 500 (GSPC) rose to just above the flat line, after the broad benchmark closed on Friday at its highest level since February. The Dow Jones Industrial Average (^DJI) gained 0.1%, while the tech-heavy Nasdaq Composite (^IXIC) edged 0.2% higher. High-level trade talks between Beijing and Washington began in London on Monday. This follows a phone call between President Trump and Chinese leader Xi Jinping last week. Apple's annual Worldwide Developers Conference (WWDC) kicks off in Cupertino, Calif., today. While investors may get another taste of artificial intelligence features, including AI-powered Siri, Apple isn't expected to deliver any big announcements. The company will likely showcase new features and designs for iOS, iPadOS, macOS, and watchOS. There's always a chance it will debut a new piece of hardware too. Apple (AAPL) stock rose 0.5% in premarket trading ahead of the event. Read our tech editor's preview of everything to expect from Apple WWDC 2025. Robinhood (HOOD) stock slipped 4% after it didn't make it into the benchmark S&P 500 index as some speculated it might. S&P Dow Jones Indices did not make any changes to S&P 500 membership as part of its quarterly rebalancing. Reuters reports: Read more here. Shares of Warner Bros. Discovery (WBD) rose more than 6% in premarket trading on Monday after the media company said it would split into two companies. Warner Bros. will separate its studios and streaming business, which includes HBO Max, and its cable television networks, including CNN. The split is expected to be completed by mid-2026. Reuters reports: Read more here. Economic data: New York Fed one-year inflation expectations (May); Wholesale trade sales month-over-month (April) Earnings: Casey's (CASY) Here are some of the biggest stories you may have missed overnight and early this morning: All eyes on AI as Apple takes the stage for WWDC A quieter summer is coming for stocks: Wall Street experts Hopes for US-China thaw as trade talks resume Senate GOP to lay out major revisions to Trump's tax bill Resilient economy to limit summer pullback in stocks: MS, Goldman Meta is set to throw billions at startup that leads in AI data China exports to US fall by most since 2020 despite tariff truce Here are some top stocks trending on Yahoo Finance in premarket trading: Robinhood (HOOD) stock fell 5% before the bell on Monday after the S&P Dow Jones Indices made no changes to the S&P 500 in its quarterly rebalancing. Tesla (TSLA) stock also dropped on Monday in premarket trading after CEO Elon Musk criticized President Trump's tax bill. Strategy (MSTR) stock rose on Monday by 2%. A SEC filing revealed the company had purchased 705 bitcoin during the period of May 26 to June 1 at an aggregate purchase price of $75.1M. Wall Street strategists are growing optimistic about US stocks, with forecasters at Morgan Stanley (MS) and Goldman Sachs Group (GS) the latest to suggest resilient economic growth would limit any pullback over the summer. Bloomberg reports: Read more here.

AMD price target lift, Apple's WWDC, Chewy downgrade
AMD price target lift, Apple's WWDC, Chewy downgrade

Yahoo

time2 hours ago

  • Yahoo

AMD price target lift, Apple's WWDC, Chewy downgrade

Market Domination co-host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute. Advanced Micro Devices (AMD) stock gains after Citi lifts its price target to $120 from $100, citing upcoming artificial intelligence (AI) catalysts and advantages over Nvidia (NVDA). Apple (AAPL) is kicking off its Worldwide Developers Conference on Monday, where the company is expected to unveil key software updates. Chewy (CHWY) stock slides after Mizuho downgraded the stock to Neutral from Outperform. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo Finance's market minute. US stocks seesaw as investors eye renewed US-China trade talks. Wall Street looking for signs of either side willing to dial down tensions and reach a tariff deal. AMD shares getting a lift as City raises its price target on that stock from 100 to 120. City highlighting potential positive catalyst, the second half of the year and sees the chip maker as having some advantages over Nvidia. The price target change comes ahead of AMD's advancing AI event, which is taking place on June 12th. Apple kicking off its worldwide developers conference on Monday. The iPhone maker offering a look at the changes coming to the company's software products throughout the next year. Apple expected to reveal software and design updates. And Chewy shares, they're sliding as Mizuho hits the stock with a downgrade, lowering its rating from outperform to neutral. Mizuho citing the pet food company's unattractive positioning, noting quote, several potential landmines for the first quarter. And that's your Yahoo Finance market minute. Sign in to access your portfolio

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