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. Processed meat market in the United States is expected to reach an estimated $43.1 billion by 2026 with a CAGR of 2.7% from 2020 to 2026. The major drivers for this market are growing demand for protein based food products, increasing demand for convenient food products among consumers, and growth in poultry meat consumption.
In this market, chilled, frozen, and shelf stable meat are the major types of processed meat. On the basis of comprehensive research, Lucintel forecasts that chilled processed meat will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to longer shelf life, and convenience to carry easily.
Within processed meat market, processed poultry meat will remain the largest segment over the forecast period. Processed poultry meat is less expensive as compared to other processed meats, which makes them affordable to a wide range of customers. Chicken meat is also considered as healthy compared to other meat types and consumer’s preference for low fat and leaner meat also create a huge demand for poultry processed meat products
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the processed meat market in the United States by livestock and meat type and has compiled a comprehensive research report titled “Growth Opportunities for Processed Meat Market in the United States 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the processed meat market in the United States by livestock and meat type, as follows:
By Livestock Type [Volume (kilotons) and Value ($ Million) from 2015 to 2026]:
By Meat Type [Volume (kilotons) and Value ($ Million) from 2015 to 2026]:
Chilled Processed Meat
Frozen Processed Meat
Shelf Stable Processed Meat.
This more than 41-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/processed-meat-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.