Global Bacon Market Size & Outlook, 2024-2030

The global bacon market size was estimated at USD 70,201.7 million in 2023 and is projected to reach USD 84,404.7 million by 2030, growing at a CAGR of 2.7% from 2024 to 2030.
Revenue, 2023 (US$M)
$70,201.7
Forecast, 2030 (US$M)
$84,404.7
CAGR, 2024 - 2030
2.7%
Report Coverage
Worldwide

Global bacon market highlights

  • The global bacon market generated a revenue of USD 70,201.7 million in 2023 and is expected to reach USD 84,404.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 2.7% by 2030.
  • In terms of segment, regular accounted for a revenue of USD 40,828.1 million in 2023.
  • Ready-to-eat is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, ANZ is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 70,201.7 million
Market revenue in 2030USD 84,404.7 million
Growth rate2.7% (CAGR from 2024 to 2030)
Largest segmentRegular
Fastest growing segmentReady-to-eat
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRegular, Ready-to-eat

Other key industry trends

  • In terms of revenue, the North America accounted for 25.1% of the global bacon market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, ANZ is the fastest growing regional market and is projected to reach USD 1,096.7 million by 2030.

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Bacon Market Companies

Name Profile # Employees HQ Website
Niman Ranch Rewiews View profile 1-10 Minneapolis, Minnesota, United States, North America http://www.nimanranch.com
Oscar Mayer View profile 51-100 Madison, Wisconsin, United States, North America http://oscarmayer.com
Karro Food Group View profile 1001-5000 Malton, York, United Kingdom, Europe http://www.karro.co.uk/
Farmland LP View profile 51-100 San Francisco, California, United States, North America http://www.farmlandlp.com/
WH Group Ltd ADR View profile 101000 1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Hong Kong, Hong Kong https://www.wh-group.com
Hormel Foods Corp View profile 20000 1 Hormel Place, Austin, MN, United States, 55912-3680 https://www.hormelfoods.com
The Kraft Heinz Co View profile 36000 One PPG Place, Pittsburgh, PA, United States, 15222 https://www.kraftheinzcompany.com
Tyson Foods Inc Class A View profile 139000 2200 West Don Tyson Parkway, Springdale, AR, United States, 72762-6999 https://www.tysonfoods.com

Global bacon market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bacon market will help companies and investors design strategic landscapes.


Regular was the largest segment with a revenue share of 58.16% in 2023. Horizon Databook has segmented the Global bacon market based on regular, ready-to-eat covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Bacon Type Outlook (Revenue, USD Million, 2018-2030)
    • Regular
    • Ready-to-eat
  • Global Bacon Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Foodservice
    • Retail
      • Independent Grocery Stores
      • Online
      • Hypermarkets & Supermarkets
      • Others

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Target buyers of Global bacon market databook

  • Our clientele includes a mix of bacon market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global bacon market , including forecasts for subscribers. This global databook contains high-level insights into Global bacon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global bacon market size, by regions, 2018-2030 (US$M)

Top 10 countries: Bacon market size, 2023 (US$M)

Global bacon market share, by type, 2023 & 2030 (%, US$M)

Bacon market: Opportunity assessment by country

Global bacon market, by region, 2023 (US$M)

Global bacon market size, by regions, 2018-2030 (US$M)

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