U.S. Sausage, Canned Meat, And Meat By-Product Market. Analysis And Forecast to 2030
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View PricingUpcoming Trends and Shifts in the Canned Meat and Sausage Sector of the United States
The sausage and canned meat market in the United States has witnessed significant growth in recent years, driven by shifting consumer preferences, convenience, and the increasing demand for protein-rich food products. This article explores the consumer trends, insights, and forecasts in this market, providing valuable information for industry players and investors.
Market Outlook
According to the latest market report by IndexBox, the sausage and canned meat market in the United States reached a value of $4 billion (in producer prices) in 2022. The market's expansion can be attributed to various factors, such as the increasing popularity of ready-to-eat food products, rising disposable incomes, and a growing preference for convenience foods.
Consumer Trends and Insights
1. Shifting Consumer Preferences: The modern consumer is increasingly conscious about their food choices, seeking healthier options without compromising on taste. As a result, there has been a rising demand for sausages and canned meats made from organic, grass-fed, and hormone-free ingredients. Consumers also prefer products with clean labels, free from additives and preservatives.
2. Convenience: Convenience plays a crucial role in shaping consumer preferences in the sausage and canned meat market. Time-pressed individuals are looking for quick and easy meal solutions, and sausages and canned meats fit the bill perfectly. These products are ready-to-eat or require minimal preparation, offering a convenient option for busy households.
3. Protein-Rich Diets: With the increasing emphasis on health and fitness, consumers are incorporating more protein-rich foods into their diets. Sausages and canned meats are excellent sources of protein, making them popular choices among athletes, fitness enthusiasts, and individuals following specific dietary plans.
4. Ethnic Diversity: The United States is a melting pot of diverse cultures, and this diversity is reflected in the food choices of consumers. Ethnic sausages and canned meats, such as chorizo, bratwurst, and Italian salami, have gained popularity as consumers seek new and exciting flavors.
5. Sustainability and Animal Welfare: There is a growing concern among consumers about the environmental impact of food production and the treatment of animals. This has led to an increased demand for sausages and canned meats from companies that prioritize sustainable sourcing practices and animal welfare standards.
Market Forecasts
The sausage and canned meat market in the United States is expected to witness steady growth over the forecast period. The rising demand for convenience foods, the increasing number of working professionals, and the busy lifestyles of consumers are driving the market's expansion.
The expanding e-commerce sector, coupled with the availability of a wide range of sausage and canned meat products online, is expected to contribute to the market's growth.
The market is also witnessing innovations in terms of product offerings. Manufacturers are introducing healthier options, such as low-sodium, nitrate-free, and gluten-free sausages and canned meats to cater to the evolving consumer preferences. These innovations are likely to drive the market's growth and attract health-conscious consumers.
Largest Companies in the Market
The sausage and canned meat market in the United States is highly competitive, with several major players vying for market share. The largest companies operating in the market include:
- Tyson Foods Inc.
- Hormel Foods Corporation
- Smithfield Foods Inc.
- Conagra Brands Inc.
- Hillshire Brands Company
These companies have a strong presence in the market, offering a wide range of sausage and canned meat products to cater to diverse consumer preferences. They invest heavily in research and development to introduce new flavors, improve product quality, and meet the changing demands of consumers.
In conclusion, the sausage and canned meat market in the United States is witnessing steady growth, driven by shifting consumer preferences, convenience, and the increasing demand for protein-rich food products. The market is expected to continue expanding in the coming years, presenting opportunities for industry players. However, it is crucial for companies to stay abreast of consumer trends and invest in product innovation to maintain a competitive edge in this evolving market.
This report provides an in-depth analysis of the sausage market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 311613 - Rendering and meat by-product processing
Companies mentioned:
- Darling Ingredients
- Griffin Industries
- Baker Commodities
- R U K Ltd
- Neatsfoot Oil Refineries Corp
- Geo. Pfau's Sons Company
- Inland Products
- Hrr Enterprises
- Ace Grease Service
- Texas By-Products Partnership
- Park West Enterprises
- Tallowmasters
- Kruger Commodities
- Mendota Agri-Products
- Riegel By-Products Co
- Valley By Products
- Marine Polymer Technologies
- Kane-Miller Corp
- Sanimax Ato
- Hahn & Phillips Grease Company
- Nupro Industries Corporation
- W B Riggins Tallow Co
- H.T.C. Industries
- North State Rendering, Co.
- Nevada Byproducts
- Istamer
- Simmons Feed Ingredients
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
