Brazil Red Meat Market Size & Outlook, 2024-2030

The red meat market in Brazil is expected to reach a projected revenue of US$ 82.2 million by 2030. A compound annual growth rate of 5.6% is expected of Brazil red meat market from 2025 to 2030.
Revenue, 2024 (US$M)
$59.2
Forecast, 2030 (US$M)
$82.2
CAGR, 2025 - 2030
5.6%
Report Coverage
Brazil

Brazil red meat market highlights

  • The Brazil red meat market generated a revenue of USD 57,052.6 million in 2023 and is expected to reach USD 83,166.6 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
  • In terms of segment, pig was the largest revenue generating type in 2023.
  • Others (Veal, and Vension) is the most lucrative type segment registering the fastest growth during the forecast period.


Red meat market data book summary

Market revenue in 2023USD 57,052.6 million
Market revenue in 2030USD 83,166.6 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentPig
Fastest growing segmentOthers (Veal, and Vension)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBeef, Pig, Sheep & Goat, Others (Veal, and Vension)
Key market players worldwideHormel Foods Corp, JBS Foods Canada, Tyson Foods Inc Class A, The Kraft Heinz Co, Cargill, Conagra Foodservice, BRF SA ADR, OSI Group, Sysco Corp, Irish Country Meats


Other key industry trends

  • In terms of revenue, Brazil accounted for 6.3% of the global red meat market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil red meat market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 83,166.6 million by 2030.

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Red Meat Market Scope

Red meat market segmentation & scope
Beef
Pig
Sheep & Goat
Others (Veal, and Vension)
B2B
B2C
Hypermarkets & Supermarkets
Convenience Stores
Online
Others

Red Meat Market Companies

Name Profile # Employees HQ Website

Brazil red meat market size, by type, 2018-2030 (US$M)

Brazil Red Meat Market Outlook Share, 2024 & 2030 (US$M)

Brazil red meat market size, by type, 2018-2030 (US$M)

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