United States Red Meat Market Report and Forecast 2025-2034

The United States red meat market value is projected to grow at a CAGR of 1.30% between 2025 and 2034, due to increasing consumer awareness regarding the health benefits of protein consumption.

United States Red Meat Market Outlook

The market for red meat in the United States has been expanding as a result of the expansion of the domestic fast-food industry, which uses beef for hot dogs, burgers, and sandwiches, among other items. This is expected to drive the United States red meat market expansion.

In 2021, Americans consumed nearly 30 billion pounds of beef, with per capita consumption being 60 pounds annually. The rising demand for red beef by other countries situated in Europe and the Asia Pacific is also driving the United States red meat market growth. In 2021, beef production surged by 3% year-on-year in the United States, while exports surpassed USD 10 billion. The US beef exports to Japan and South Korea surged by 5% and 14% respectively, with the UK accounting for a 2% share in the overall volume of beef exports by the USA.

Increasing Demand for Beef is Expected to Drive the United States Red Meat Market Growth

• In the market from 2024 to 2032, beef is expected to lead with a CAGR of 1.5%, due to rapid economic development and increasing disposable incomes of consumers.
• As per United States red meat market analysis, pork is expected to grow at a CAGR of 1.4%, due to increasing consumer interest in enjoying diverse culinary experiences.
• Lamb is expected to grow at a CAGR of 1.3% since it is perceived as a healthier diet option among people. This is expected to present exciting opportunities for United States red meat market players to serve the food and beverage industry.
• Veal is expected to grow at a CAGR of 1.3% due to its increasing demand in export markets.
• The 'others' category, with a CAGR of 1.2% is expected to witness steady growth, driven by rapid urbanisation and rising food demand.

Fresh Red Meat is Expected to Constitute a Major Portion of the United States Red Meat Market Share Due to Increasing Consumer Shift Towards a Healthy Diet

• In the market from 2024 to 2032, fresh red meat is anticipated to experience the highest growth, with a CAGR of 1.6%, driven by rising incidences of nutrient deficiencies among people.
• Processed red meat is expected to grow at a CAGR of 1.5% since it enhances the nutritional value of packaged food products. This is expected to contribute to the United States red meat demand.
• Frozen red meat is expected to see steady demand with a CAGR of 1.4%, driven by the shift towards healthy eating among consumers.
• The United States red meat market development is expected to grow with the rising demand for other types of red meats across applications, witnessing a CAGR of 1.3%.

United States Red Meat Market Regional Analysis

• In the market from 2024 to 2032, the Far West region is expected to lead with the highest CAGR of 1.5%. The increasing consumer awareness regarding maintaining good health is creating lucrative United States red meat market opportunities.
• The Rocky Mountain region follows with a CAGR of 1.4%, due to increasing consumer awareness of enhancing protein intake and overall wellness. This is expected to drive the United States red meat market revenue.
• The Southwest, with a CAGR of 1.4%, benefits from the increasing consumer demand for natural food products.
• The Southeast, growing at a CAGR of 1.3%, shows steady growth in the demand for red meats. This can be attributed to the proliferation of various e-commerce platforms that sell various forms of red meat at cost-effective rates.
• The United States red meat market regional insights show that New England and the Mideast regions exhibit substantial growth with CAGRs of 1.2% and 1.1%, respectively, due to the introduction of a wide variety of brands at affordable prices.
• The Plains and Great Lakes regions, with CAGRs of 1.1% and 1.0%, respectively, are expected to grow steadily. This can be attributed to increasing innovations in product packaging and rising health consciousness among consumers. This is expected to drive the red meat consumption in the United States.

Key Questions Answered in the Report:

• How has the United States red meat market performed historically, and what are the growth expectations for the future?
• What are the primary factors influencing demand and growth in the United States red meat market?
• What are the key segments within the United States red meat market, and how are they expected to evolve over the forecast period?
• What are the major challenges and opportunities facing stakeholders in the United States red meat market?
• Who are the key players in the United States red meat market, and what strategies are they employing to maintain a competitive edge?
• What are the regulatory and policy factors influencing the United States red meat market globally or regionally?
• How competitive is the United States red meat market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
• What are the current trends shaping the United States red meat market landscape, and how are they expected to evolve in the future?
• How are technological advancements impacting the United States red meat market, and what role do innovation and R&D play in driving growth?
• What are the consumer preferences and buying behavior trends influencing the United States red meat market?
• How sustainable are current growth rates in the United States red meat market, and what factors could potentially disrupt these trends?
• What are the regional dynamics within the United States red meat market, and how do they contribute to overall market growth?
• What are the economic factors influencing the United States red meat market, such as GDP growth, inflation rates, and currency fluctuations?
• How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States red meat market?
• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States red meat market?
• What are the regulatory and legal frameworks impacting the United States red meat market globally or in key regions?
• How are changing consumer lifestyles and preferences influencing product or service demand within the United States red meat market?
• What are the emerging market trends and niche opportunities within the United States red meat market that stakeholders should be aware of?
• How resilient is the United States red meat market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
• What are the potential barriers to market entry and growth for new players in the United States red meat market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States red meat market spanning from 2018 to 2034.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States red meat market.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States red meat market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States red meat market landscape.