Canada Red Meat Market Size & Outlook, 2025-2030
The red meat market in Canada is expected to reach a projected revenue of US$ 20,035.8 million by 2030. A compound annual growth rate of 7.3% is expected of Canada red meat market from 2025 to 2030.
Revenue, 2024 (US$M)
$13,248.1
Forecast, 2030 (US$M)
$20,035.8
CAGR, 2025 - 2030
7.3%
Report Coverage
Canada
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Canada red meat market highlights
- The Canada red meat market generated a revenue of USD 13,248.1 million in 2024 and is expected to reach USD 20,035.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, beef was the largest revenue generating type in 2024.
- Sheep & Goat is the most lucrative type segment registering the fastest growth during the forecast period.
Red meat market data book summary
| Market revenue in 2024 | USD 13,248.1 million |
| Market revenue in 2030 | USD 20,035.8 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Sheep & Goat |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef, Pig, Sheep & Goat, Others (Veal, and Vension) |
| Key market players worldwide | Hormel 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, Canada accounted for 1.5% of the global red meat market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. red meat market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 20,035.8 million by 2030.
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Red Meat Market Scope
Red meat market segmentation & scope
Red Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Irish Country Meats | View profile | 51-100 | Ireland, Indiana, United States, North America | https://irishcountrymeats.com |
| OSI Group | View profile | 51-100 | Montréal, Quebec, Canada, North America | https://www.opto.com |
| JBS Foods Canada | View profile | 1001-5000 | Greeley, Colorado, United States, North America | https://jbsfoodcanada.ca |
| Conagra Foodservice | View profile | 1001-5000 | Chicago, Illinois, United States, North America | https://www.conagrafoodservice.com |
| Sysco Corp | View profile | 72000 | 1390 Enclave Parkway, Houston, TX, United States, 77077-2099 | https://www.sysco.com |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
| BRF SA ADR | View profile | 96667 | Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, Brazil, 05425-070 | https://www.brf-global.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 |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
Canada red meat market size, by type, 2018-2030 (US$M)
Canada Red Meat Market Outlook Share, 2024 & 2030 (US$M)
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