Summary
Meat in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The meat market consists of the retail sales of ambient meat, chilled raw packaged meat – processed, chilled raw packaged meat - whole cuts, cooked meats – counter, cooked meats – packaged, fresh meat (counter) and frozen meat. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 exchange rates.
- The US meat market had total revenues of $193,366.2m in 2021, representing a compound annual growth rate (CAGR) of 2.2% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 1.4% between 2016 and 2021, to reach a total of 18,140.1 million kilograms in 2021.
- The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 2.3% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $216,721.3m by the end of 2026.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the meat market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the meat market in the United States
- Leading company profiles reveal details of key meat market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States meat market with five year forecasts
Reasons to Buy
- What was the size of the United States meat market by value in 2021?
- What will be the size of the United States meat market in 2026?
- What factors are affecting the strength of competition in the United States meat market?
- How has the market performed over the last five years?
- What are the main segments that make up the United State's meat market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the US meat market?
7.3. Which companies have been most successful in increasing their market shares between 2017 and 2021?
7.4. Which companies’ market shares suffered between 2017 and 2021?
7.5. What are the most popular brands in the market?
7.6. What have been the most significant M&A deals in the US meat market in recent years?
8 Company Profiles
8.1. Tyson Foods Inc
8.2. WH Group Ltd
8.3. Hormel Foods Corp
8.4. Cargill, Incorporated
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States meat market value: $ million, 2016–21
Table 2: United States meat market volume: million kilograms, 2016–21
Table 3: United States meat market category segmentation: $ million, 2021
Table 4: United States meat market geography segmentation: $ million, 2021
Table 5: United States meat market distribution: % share, by value, 2021
Table 6: United States meat market value forecast: $ million, 2021–26
Table 7: United States meat market volume forecast: million kilograms, 2021–26
Table 8: United States meat market share: % share, by value, 2021
Table 9: Tyson Foods Inc: key facts
Table 10: Tyson Foods Inc: Annual Financial Ratios
Table 11: Tyson Foods Inc: Key Employees
Table 12: Tyson Foods Inc: Key Employees Continued
Table 13: WH Group Ltd: key facts
Table 14: WH Group Ltd: Annual Financial Ratios
Table 15: WH Group Ltd: Key Employees
Table 16: Hormel Foods Corp: key facts
Table 17: Hormel Foods Corp: Annual Financial Ratios
Table 18: Hormel Foods Corp: Key Employees
Table 19: Hormel Foods Corp: Key Employees Continued
Table 20: Hormel Foods Corp: Key Employees Continued
Table 21: Cargill, Incorporated: key facts
Table 22: Cargill, Incorporated: Key Employees
Table 23: United States size of population (million), 2017–21
Table 24: United States gdp (constant 2005 prices, $ billion), 2017–21
Table 25: United States gdp (current prices, $ billion), 2017–21
Table 26: United States inflation, 2017–21
Table 27: United States consumer price index (absolute), 2017–21
Table 28: United States exchange rate, 2017–21
List of Figures
Figure 1: United States meat market value: $ million, 2016–21
Figure 2: United States meat market volume: million kilograms, 2016–21
Figure 3: United States meat market category segmentation: % share, by value, 2021
Figure 4: United States meat market geography segmentation: % share, by value, 2021
Figure 5: United States meat market distribution: % share, by value, 2021
Figure 6: United States meat market value forecast: $ million, 2021–26
Figure 7: United States meat market volume forecast: million kilograms, 2021–26
Figure 8: Forces driving competition in the meat market in the United States, 2021
Figure 9: Drivers of buyer power in the meat market in the United States, 2021
Figure 10: Drivers of supplier power in the meat market in the United States, 2021
Figure 11: Factors influencing the likelihood of new entrants in the meat market in the United States, 2021
Figure 12: Factors influencing the threat of substitutes in the meat market in the United States, 2021
Figure 13: Drivers of degree of rivalry in the meat market in the United States, 2021
Figure 14: United States meat market share: % share, by value, 2021
