Brisket - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

The Brisket Market size is estimated at 3.56 Million metric tons in 2024, and is expected to reach 4.38 Million metric tons by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).

Key Highlights

• The growing preference for clean labeled products is driving the market growth of brisket market.
• The increasing demand for protein-rich food products is also influencing themarket growth. Moreover, the increasing popularity of grass-fed brisket, is one of the trends that is triggering the growth of the global brisket market. Furthermore,demand for grass-fed brisket is increasing among consumers owingto the increasing awareness about health benefits associated with it.

Brisket Market Trends

Increasing Demand for Processed Meat Products

Factors such as hectic lifestyle, rapid urbanization, adoption of new lifestyle trends and food habits will drive the demand for convenience food such as processed meat. Growth in food service and retail industry has led to increased supply of processed meat products such as brisket, the growing demand for meat products has also been influenced by variety, prices, and services that the food retail firms have been offering to their customers. Innovation in meat processing technologies has led to the introduction of diverse products in the market thus ensuring bigger consumer base. The growing demand for processed meat products across the globe is driving the brisket market.

North America Holds a Significant Market Share

In terms of geography, North America holds a significant market share in the brisket market and will continue to dominate the market for the forecasted period. Asia-pacific region has high potential mainly due to increasing demand for high-value protein food and growth in organized retail. China and India are the fastest growing countries in the region. Increased awareness among the masses about the health hazards of processed meat and growing veganisim trend in the region has slowed down the consumption rate of brisket in Europe.

Brisket Industry Overview

The global brisket market is highly fragemented with local and regional players competing fiercely with multinational companies. Some of the major key players in the brisket market, globally includes Boston Brisket Compnay, National Beef Packing Company LLC, Tyson Foods, Hormel Foods Corporation, Conagra Brands, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support