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    US Beef Market

    ID: MRFR/F-B & N/19707-HCR
    200 Pages
    Snehal Singh
    September 2025

    US Beef Market Research Report: By Product Type (Fresh Beef, Processed Beef, Frozen Beef, Canned Beef), By Distribution Channel (Supermarkets, Online Retail, Convenience Stores, Meat Shops), By Cut Type (Steaks, Ground Beef, Roasts, Ribs) and By Packaging Type (Vacuum Packaging, Modified Atmosphere Packaging, Traditional Packaging) - Forecast to 2035

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    US Beef Market Research Report — Forecast till 2035 Infographic
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    US Beef Market Summary

    The US Beef market is projected to grow significantly, reaching 115 USD Billion by 2035.

    Key Market Trends & Highlights

    US Beef Key Trends and Highlights

    • The US Beef market valuation stands at 67.3 USD Billion in 2024.
    • From 2025 to 2035, the market is expected to grow at a CAGR of 4.99%.
    • By 2035, the market is anticipated to reach a total valuation of 115 USD Billion.
    • Growing adoption of sustainable farming practices due to increasing consumer demand for ethically sourced products is a major market driver.

    Market Size & Forecast

    2024 Market Size 67.3 (USD Billion)
    2035 Market Size 115 (USD Billion)
    CAGR (2025-2035) 4.99%

    Major Players

    JBS USA, Hormel Foods, National Beef Packing Company, Tyson Foods, Smithfield Foods, Perdue Farms, Sanderson Farms, Cargill Protein, Blue Sky Natural Beef, Pilgrim's Pride, Cargill, Marfrig Global Foods, Meyer Natural Foods, Cargill Beef, Sysco Corporation

    US Beef Market Trends

    The US Beef Market is influenced by several key market drivers that shape its landscape. Consumer preferences are shifting towards more sustainable and ethically sourced beef, which is prompting producers to adopt better animal welfare practices. Health consciousness is also on the rise, leading to increased interest in leaner cuts of beef and grass-fed options. Additionally, the rising demand for protein-rich diets has resulted in greater consumption of beef, although it competes with other protein sources such as poultry and plant-based alternatives.

    Opportunities lie in expanding product lines to include organic and premium beef options, catering to health-oriented consumers who are willing to pay a premium for quality.Furthermore, the trend of direct-to-consumer sales, such as online meat subscriptions or local farm deliveries, is gaining traction as people seek more transparency regarding their food sources. In recent times, there has been a noticeable increase in domestic production efficiency, driven by advancements in technology and farming practices. This is enabling producers to meet growing consumer demand despite challenges such as fluctuations in feed prices and supply chain disruptions.

    Additionally, exports of US beef continue to be strong, particularly in markets such as Asia, where there is an appetite for high-quality American beef. Overall, the US Beef Market is adapting to evolving consumer demands while leveraging technological advancements and growth opportunities in the domestic and international markets.

    Market Segment Insights

    US Beef Market Segment Insights:

    US Beef Market Segment Insights:

    Beef Market Product Type Insights

    Beef Market Product Type Insights

    The Product Type segment of the US Beef Market serves as a crucial classification that reflects the diverse preferences and consumption patterns among American consumers. With the increasing demand for high-quality meat products, Fresh Beef remains a significant category, appealing to health-conscious consumers seeking minimally processed options. Fresh Beef offers an array of cuts, from steaks to roasts, that cater to various culinary traditions and personal tastes.

    Processed Beef, on the other hand, has gained traction due to its convenience and versatility.Products such as sausages, deli meats, and jerky not only provide quick meal solutions but also have longer shelf lives, making them a preferred choice for busy households. The Frozen Beef segment caters to the necessity of storing meat for longer durations without compromising quality. This segment has experienced growth as more consumers opt for buying in bulk, effectively reducing food waste and ensuring a steady supply of beef products.

    Canned Beef plays a niche yet essential role; it appeals to consumers looking for easy-to-prepare meals or those needing shelf-stable options.The packaging innovations and variety in flavors have made canned beef products popular among families and emergency preppers who seek convenience and long-lasting protein sources. Each of these categories addresses unique consumer needs and preferences, driving the overall growth in the consumption of beef products in the United States.

    Get more detailed insights about US Beef Market Research Report — Forecast till 2035

    Key Players and Competitive Insights

    The US Beef Market is characterized by a complex and competitive landscape, driven by varying consumer preferences, supply chain dynamics, and the strategic maneuvers of key industry players. As one of the largest beef markets globally, the US showcases a diverse array of beef products from both domestic producers and imported sources. Competition is not only based on pricing but also on quality, sustainability practices, and branding. Rising health awareness among consumers and shifts towards organic and grass-fed beef options are influencing market trends, while technological advancements in meat production and processing are reshaping operational efficiencies.

    The interconnected nature of the market, along with economic factors and international trade agreements, plays a significant role in determining competitive strategies and market positioning.JBS USA holds a prominent position in the US Beef Market due to its extensive operational footprint and robust supply chain capabilities. As one of the leading beef producers in the United States, JBS USA leverages its size and scale to achieve significant efficiencies in production and distribution. The company is well-regarded for its commitment to product quality and food safety, bolstered by stringent adherence to industry regulations and advancements in processing technologies.

    Furthermore, JBS USA has made substantial investments in sustainability initiatives, which resonate well with increasingly eco-conscious consumers. The company has established a solid market presence and maintains a strong distribution network that allows it to cater to diverse customer segments, from retail to food service, thereby solidifying its leadership in the US beef sector.Hormel Foods also plays a vital role in the US Beef Market with its diverse product offerings that cater to a wide range of consumer preferences. Known for its innovation and brand recognition, Hormel Foods delivers various beef products, including fresh cuts and processed meats.

    The company emphasizes quality and convenience, often targeting health-conscious consumers through its portfolio of better-for-you options. Hormel Foods has demonstrated growth through strategic mergers and acquisitions, enhancing its market presence and expanding its product lines significantly. The company's commitment to sustainable practices further strengthens its competitive edge, allowing it to address consumer demands for environmentally friendly products. Overall, Hormel Foods effectively combines operational efficiency with a strong focus on consumer trends, positioning itself as a significant player in the competitive landscape of the US beef market.

    Key Companies in the US Beef Market market include

    Industry Developments

    The US Beef Market has seen notable developments recently, particularly with major players like Tyson Foods and JBS USA driving innovations in sustainability and production efficiency. In September 2023, Tyson Foods announced advancements in their practices to reduce carbon emissions, aiming for carbon neutrality by 2050. Meanwhile, Hormel Foods has introduced plant-based products to expand their offerings in response to growing consumer interest in alternative proteins. In terms of mergers and acquisitions, in August 2023, National Beef Packing Company has inquired about potential acquisitions to bolster its market reach, though specific deals have yet to be finalized.

    Market valuations of companies such as Sanderson Farms and Cargill Protein have increased, reflecting improvements in supply chain management and consumer demand for high-quality beef products. Over the past few years, the US Beef Market has faced challenges such as price volatility and supply chain disruptions, notably in 2021 due to COVID-19 impacts and labor shortages. Efforts to enhance traceability and quality assurance are becoming increasingly prioritized. Major companies are investing heavily in technology and infrastructure to support these initiatives, ultimately seeking to improve both market share and consumer trust in US beef products.

    Market Segmentation

    Outlook

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 63.78(USD Billion)
    MARKET SIZE 2024 67.34(USD Billion)
    MARKET SIZE 2035 115.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.985% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED JBS USA, Hormel Foods, National Beef Packing Company, Tyson Foods, Smithfield Foods, Perdue Farms, Sanderson Farms, Cargill Protein, Blue Sky Natural Beef, Pilgrim's Pride, Cargill, Marfrig Global Foods, Meyer Natural Foods, Cargill Beef, Sysco Corporation
    SEGMENTS COVERED Product Type, Distribution Channel, Cut Type, Packaging Type
    KEY MARKET OPPORTUNITIES Sustainable beef production practices, Grass-fed beef demand increase, Plant-based protein alternatives growth, Premium cuts market expansion, Direct-to-consumer sales channels
    KEY MARKET DYNAMICS consumer preferences shifting, environmental sustainability concerns, feed costs fluctuations, import/export regulations, health and safety standards
    COUNTRIES COVERED US

    FAQs

    What is the current estimated market size of the US Beef Market as of 2024?

    The US Beef Market is expected to be valued at approximately 67.34 billion USD in 2024.

    What is the projected market size of the US Beef Market by 2035?

    By 2035, the US Beef Market is projected to reach around 115.0 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Beef Market from 2025 to 2035?

    The US Beef Market is anticipated to grow at a CAGR of 4.985% from 2025 to 2035.

    Which product type dominates the US Beef Market?

    Fresh Beef currently dominates the US Beef Market with a projected value of 25.0 billion USD in 2024.

    What are the significant growth projections for the Fresh Beef segment by 2035?

    The Fresh Beef segment is expected to grow to approximately 40.0 billion USD by 2035.

    Who are the key players in the US Beef Market?

    Major players in the US Beef Market include JBS USA, Tyson Foods, and Hormel Foods, among others.

    What is the expected market size for Processed Beef in 2024 and 2035?

    The Processed Beef segment is valued at 15.0 billion USD in 2024 and projected to reach 30.0 billion USD by 2035.

    What growth opportunity exists in the Frozen Beef segment by 2035?

    The Frozen Beef segment is expected to grow from 10.0 billion USD in 2024 to 20.0 billion USD by 2035.

    What impact may current global scenarios have on the US Beef Market?

    Current global scenarios could influence supply chains and pricing dynamics within the US Beef Market.

    What is the market size expectation for Canned Beef from 2024 to 2035?

    Canned Beef is anticipated to grow from a market size of 17.34 billion USD in 2024 to 25.0 billion USD by 2035.

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