Market Overview:
The United States frozen meat market size reached US$ 62.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 81.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.04% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 62.3 Billion |
Market Forecast in 2032 |
US$ 81.6 Billion |
Market Growth Rate (2024-2032) |
3.04% |
Frozen meat is an umbrella term for processed to freshly slaughtered livestock-, aquaculture-, or poultry-based meat products. The meat is preserved by freezing it to more than -180oC and by adding numerous additives, such as acidifiers, salt, flavoring agents, seasonings, etc. Some of the common frozen meat items include beef, poultry, pork, seafood, etc. These products offer several benefits over freshly-cut meat, including year-round availability, lower microbial growth, longer shelf life and easy storage.
In the United States, the growing demand for ready-to-eat food items based on hectic consumer work schedules and busy lifestyles is propelling the market for frozen meat. Furthermore, the rising consumer inclination towards processed meat products, such as bacon, sausages, hot dogs, canned meat, etc., is also driving the market growth. Additionally, the wide presence of quick-service restaurants, food trucks, cafes, etc., that are highly dependent on processed and ready-to-cook meat variants for faster and hassle-free customer services is further augmenting the product demand in the country. Apart from this, the continuous upgradations in the cold chain logistics facilities along with the increasing import of seafood, particularly from the Asia-Pacific countries, are also bolstering the market growth in the United States. Additionally, the changing consumer inclination from preservatives-based frozen meat towards their nutrient-rich and organic alternatives is further catalyzing the product demand. In the coming years, the extensive R&D activities to formulate safer variants that are free from antibiotics and chemical residues will continue to drive the market for frozen meat in the United States.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States frozen meat market report, along with forecasts for the period 2024-2032. Our report has categorized the market based on product type, distribution channel and end-user.
Breakup by Product Type:
- Poultry
- Beef
- Pork
- Seafood
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by End-User:
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., Conagra Brands, Inc. El Monterey Inc., Foster Farms Inc., Jbs Pilgrims, Koch Foods Incorporated, Sanderson Farms, Inc., Stouffer’s (Nestlé S.A.) and Tyson Foods Inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Distribution Channel, End-User |
Companies Covered |
Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., Conagra Brands, Inc. El Monterey Inc., Foster Farms Inc., Jbs Pilgrims, Koch Foods Incorporated, Sanderson Farms, Inc., Stouffer’s (Nestlé S.A.) and Tyson Foods Inc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States frozen meat market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States frozen meat market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States frozen meat market and who are the key players?
- What is the degree of competition in the industry?