North America Red Meat Market Size & Outlook, 2025-2030
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North America red meat market highlights
- The North America red meat market generated a revenue of USD 194,825.0 million in 2024.
- The market is expected to grow at a CAGR of 6.1% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 194,825.0 million |
| Market revenue in 2030 | USD 276,737.6 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Sheep & Goat |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, North America region accounted for 22.1% of the global red meat market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 276,737.6 million by 2030.
Beef was the largest segment with a revenue share of 57.36% in 2024. Horizon Databook has segmented the North America red meat market based on beef, pig, sheep & goat, others (veal, and vension) covering the revenue growth of each sub-segment from 2018 to 2030.
There is a high demand for red meat in North America, particularly beef. Beef plays a significant role in the traditional American diet, with popular dishes such as meatloaf, steaks, and hamburgers often highlighting beef as the primary ingredient.
Consumer preferences for specific types of red meat, cuts, and quality attributes impact production, pricing, and market trends. In November 2023, Del Taco introduced three fresh Shredded Beef Birria options across the U.S. These new offerings were Two Shredded Beef Birria Tacos, Shredded Beef Birria Quesadilla, and Shredded Beef Birria Ramen.
The U.S. red meat market is expected to grow at a significant rate from 2024 to 2030. This can be attributed to the increasing consumption of and demand for meat in the country. According to an article by TheWorldCounts, meat consumption in the U.S. accounted for 124 kilos per person per year.
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Red Meat Market 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 |
North America red meat market size, by country, 2018-2030 (US$M)
North America Red Meat Market Outlook Share, 2024 & 2030 (US$M)
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