Meat Products Market Report 2026

The meat products market size has grown steadily in recent years. It will grow from $977.77 billion in 2025 to $1.02 trillion in 2026 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to growth in global meat consumption, expansion of industrial meat processing facilities, development of cold storage infrastructure, rising urban population demand for packaged foods, availability of advanced preservation techniques.

The meat products market size is expected to see strong growth in the next few years. It will grow to $1.26 trillion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing demand for premium and organic meat products, rising focus on food safety compliance, expansion of e-commerce meat distribution, growing investments in sustainable meat processing, innovation in meat preservation technologies. Major trends in the forecast period include increasing demand for processed and convenience meat products, rising adoption of cold chain and preservation technologies, growing focus on product traceability and safety, expansion of value-added meat offerings, enhanced emphasis on shelf-life extension.

The rising global population is expected to support the growth of the meat products market in the coming years. Population growth refers to an increase in the number of people living worldwide. The expansion of the global population is boosting the meat products market, as a larger population leads to higher overall food consumption, including meat and meat-based products. Meat products serve as an important source of high-quality protein, essential vitamins, and minerals, helping to meet the nutritional requirements of a growing population. For example, in June 2024, according to the United Nations (UN), a US-based organization, the global population is projected to peak in the mid-2080s, increasing over the next six decades from 8.2 billion people in 2024 to approximately 10.3 billion in the mid-2080s, before declining slightly to around 10.2 billion by the end of the century. Therefore, the growth of the global population is driving the expansion of the meat products market.

The rising demand for processed food products is expected to further fuel the growth of the meat products market. Processed food products are foods that undergo multiple stages of preparation or transformation before reaching consumers. Demand for processed foods increases the need for meat products, as many processed foods include meat as a key ingredient. Meat is a versatile and cost-effective component used in a wide range of processed products, such as sausages, hot dogs, and bacon, offering convenience, enhanced flavor, and varied culinary experiences. For instance, in May 2024, according to the United States Department of Agriculture, a US-based government agency, the value of US processed food exports rose by 0.2% year over year to $14.73 billion in 2023, marking a record high for the third consecutive year. Therefore, the growing demand for processed food products is contributing to the growth of the meat products market.

Major companies operating in the meat products market are concentrating on innovative developments, such as plant-based new meat alternatives, to provide products that closely mimic the taste and texture of conventional meat while addressing concerns related to animal welfare and environmental sustainability. Plant-based new meat alternatives support the meat products market by offering ethical, sustainable, and resource-efficient protein options that appeal to consumers seeking meat-like nutrition without dependence on traditional livestock farming. For example, in July 2024, Redefine Meat, an Israel-based food technology company, introduced Redefine Flank Steak, a 3D-printed, plant-based premium steak available through major retailers across Europe. The product is made from non-GMO plant proteins and natural flavors, delivers approximately 26 grams of protein per serving, and offers a fibrous, meat-like texture with versatility for grilling, pan-frying, roasting, or air-frying. This product launch supports the transition toward more sustainable meat alternatives, providing a compelling substitute for traditional meat while reducing greenhouse gas emissions by around 90%.

Major companies operating in the meat products market are JBS S.A., Tyson Foods Inc., WH Group, Marfrig Global Foods S.A., Danish Crown, NH Foods Ltd., Hormel Foods Inc., Cargill Inc., Perdue Farms Inc., Shandong Jinluo Enterprise Group, Nippon Meat Packers Inc., Teys Australia Pty Ltd., Thomas Foods International Consolidated Pty Limited, Groupe Bigard, Cooperl Arc Atlantique, Rovagnati S.p.A., Campofrio Food Group S.A., PHW-Gruppe Lohmann & Co. AG, LDC S.A., ElPozo Alimentación S.A., Smithfield Foods Inc., National Beef Packing Co., OSI Group, Koch Foods, Butterball.

Asia-Pacific was the largest region in the meat products market in 2025. North America was the second-largest region in the meat products market. The regions covered in the meat products market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the meat products market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The meat products market consists of sales of frozen pork meat, fresh/ chilled pork meat, canned pork meat, frozen mutton meat, fresh/ chilled mutton meat, canned mutton meat, frozen beef meat, fresh/ chilled beef meat, canned beef meat, frozen chicken meat, fresh/ chilled chicken meat, canned chicken meat, frozen turkey meat, fresh/ chilled turkey meat, canned turkey meat, frozen crustaceans meat, fresh/ chilled crustaceans meat, canned crustaceans meat, frozen fish meat, fresh/ chilled fish meat, canned fish meat, frozen bacon meat, fresh/ chilled bacon meat, canned bacon meat, and other meat products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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