According to a new market report published by Lucintel, the future of processed meat market in the United States looks promising with opportunities in the poultry, pork, beef, and sheep meat markets. Meat market in the United States is expected to reach an estimated $362.9 billion by 2026 with a CAGR of 1% from 2020 to 2026. The major drivers for this market are increasing disposable income and growth in private labels with longer shelf life.
In this market, fresh and processed meats are the major types of meat. On the basis of comprehensive research, Lucintel forecasts that processed meat type is expected to witness the highest growth over the forecast period due to increasing demand for convenient food products among consumers with longer shelf life.
Within the meat market, poultry meat will remain the largest segment and it is also expected to witness the highest growth over the forecast period as it is less expensive as compared to the other meat and increasing demand for processed poultry meat products, such as chicken soup, sandwich, and others.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the meat market in the United States by livestock and meat type, and has compiled a comprehensive research report titled “Growth Opportunities for Meat Market in the United States 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the meat market in the United States by livestock and meat type, as follows:
By Livestock [Volume (Kilotons) and Value ($ Million) from 2015 to 2026]:
By Meat Type [Volume (Kilotons) and Value ($ Million) from 2015 to 2026]:
Fresh Meat
Processed Meat.
This 46-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/meat-market-in-the-united-states.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.