PUBLISHER: Market Research Future | PRODUCT CODE: 1861108
PUBLISHER: Market Research Future | PRODUCT CODE: 1861108
The America processed meat market is forecasted to grow at a steady CAGR of 4.76%, reaching USD 382.46 billion by 2035, driven by changing dietary preferences and product innovation. Processed meat is any meat that has been modified through salting, curing, fermentation, smoking, or other preservation techniques to enhance flavor or shelf life. Such processing often alters the meat's nutritional composition and may increase health risks when consumed excessively.
The health-conscious trend has caught on widely among U.S. consumers of processed meats, and as such, they opt for low-fat, nitrate-free products. Manufacturers of the leading brands, such as Tyson Foods and Hormel Foods, have responded to this trend by raising the bar in clean-label products, for example, by introducing "Natural Choice" lines. This reflects a shift toward transparency, better nutrition, and healthier formulations in the processed meat segment.
Major Company Development
In March 2024, The Kraft Heinz Not Company LLC took a passive step towards environmentally friendly trends by producing its first plant-based Oscar Mayer products, NotHotDogs and NotSausages. By using these new products as flagship examples of their commitment to a plant-based portfolio, the company responds to the demand for its meat industry alternatives that provide both sustainable and delicious solutions and convey the company's pledge to high-quality, accessible innovation.
Major competitors in the America processed meat market include Tyson Foods Inc., Kraft Heinz Co., Hormel Foods Corp, Johnsonville Sausage LLC, ConAgra Brands Inc., CARGILL, Inc., OSI Group, and WH Group.
Key Report Attributes
Industry Segmentations Growth