Market Forecast by Countries (United States, Canada), By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC075324 | Publication Date: Aug 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Beef Market |
Forecast Period | 2025-2031 |
Market Size | USD 150 billion by 2031 |
CAGR | 4.2% |
Growing Sector | Foodservice |
North America Beef Market report thoroughly covers the market by beef cut, by beef slaughter method and key countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Beef Market Size is projected to grow significantly, reaching an estimated value of USD 150 billion by 2031, growing at a CAGR of 4.2% from 2025 to 2031. This growth is attributed to increasing consumer demand for high-quality beef cuts, changing consumer preferences, and the growing focus on sustainability and traceability in beef production.
The U.S. beef market dominates in both production and consumption, followed by Canada, which is a significant exporter of beef, particularly to the U.S. and Asia. North America Beef Market is a significant segment of the region's food and agriculture industry, primarily driven by the United States, which is the largest consumer and producer of beef in the world. Canada also plays a key role, with its beef industry being closely integrated into North America trade agreements like the United States-Mexico-Canada Agreement (USMCA).
North America Beef Market encompasses a variety of beef products, ranging from premium cuts to processed beef products. Beef remains a staple in the North America diet, with a strong preference for beef steak, burgers, and other meat products. The market is segmented based on countries, beef cuts, and beef slaughter methods. The U.S. beef industry is known for its large-scale production and export, while Canada is recognized for its high-quality beef products. The demand for beef is also driven by evolving consumer preferences for grass-fed beef, organic beef, and products adhering to specific slaughter methods, including kosher and halal. The growth of the beef market is supported by technological advancements in meat processing, distribution systems, and packaging, which have allowed for increased product shelf life and convenience.
According to 6Wresearch, the North America Beef Market is forecast to grow at remarkable growth rate, reaching a CAGR of 4.2% during the forecast period 2025-2031. The market is largely driven by an increase in disposable income, changing dietary habits, and the growing popularity of beef-based meals in fast food and restaurants. The market is also benefiting from innovations in beef processing techniques, which enhance the quality and flavor of beef. Over the past few years, the preference for premium beef cuts such as loin and brisket has grown due to the rise in consumer spending on high-quality meat products.
The U.S. continues to dominate beef production and consumption, while Canada is emerging as a key player in the grass-fed beef and organic beef segments. The increasing popularity of halal and kosher beef slaughter methods in diverse consumer demographics, especially in urban areas, is also contributing to growth. Additionally, the trend toward sustainable beef production methods, including reducing carbon footprints and improving animal welfare, is gaining momentum in both the U.S. and Canada, contributing to the North America Beef Market Growth.
Despite robust growth, the North America Beef Market faces a number of challenges. One of the primary concerns is the volatility of beef prices, which can be influenced by various factors such as feed costs, weather conditions, and global supply chain disruptions. Additionally, the beef industry is under scrutiny for its environmental impact, particularly regarding greenhouse gas emissions and water usage in cattle farming. The market also faces challenges related to labor shortages in meat processing plants. To address these challenges, stakeholders in the industry are focusing on improving supply chain resilience, exploring new export markets, and investing in more sustainable practices.
One of the leading trends in the North America Beef Market are the increasing consumer demand for premium beef cuts, especially loin, brisket, and other high-quality beef cuts. This trend is influenced by the growing interest in grilling, barbecuing, and gourmet food experiences, particularly in the U.S. Additionally, the demand for organic beef and grass-fed beef is gaining traction due to the rising awareness of health and sustainability concerns.
Another significant trend is the growing preference for halal and kosher beef, which is being driven by the increasing multicultural and religiously diverse populations in cities across North America. In terms of slaughter methods, there is a noticeable shift toward humane slaughtering practices as consumers become more concerned about animal welfare. Furthermore, meat substitutes and plant-based alternatives are gaining popularity, particularly in response to growing concerns about the environmental impact of meat production. This has led to innovations in both the beef and plant-based meat markets, creating opportunities for product diversification.
North America Beef Market presents several lucrative investment opportunities, particularly in areas related to premium beef cuts, organic beef, and sustainable beef production. Investments in meat processing technologies that improve yield and product quality, such as automation and AI-driven systems, are gaining momentum. Moreover, there is growing demand for halal and kosher beef products, particularly from the Middle East and Asian export markets, creating opportunities for expansion.
Sustainability-focused initiatives, including water-saving technologies and greenhouse gas emission reduction methods, are becoming attractive for investors interested in the future of the beef industry. Additionally, the growing trend of grass-fed beef and organic certifications presents a niche market for companies specializing in high-quality beef production. The export market, especially to Asia and the Middle East, also presents promising opportunities for market growth, particularly in Canada, which is already a key exporter.
Several key players dominate the North America Beef Market Share, with some of the largest being Tyson Foods, JBS USA, and Cargill. These companies have significant market share, driven by their vast operations in meat processing and distribution across the U.S. and Canada. Tyson Foods, known for its extensive range of beef products, from brisket to shank, is one of the largest suppliers in the region.
JBS USA, a subsidiary of JBS S.A., is a global leader in beef production and has significant operations in North America, particularly in the U.S. and Canada. Cargill, another major player, has been focusing on expanding its sustainable beef initiatives, aligning with the increasing consumer demand for eco-friendly and traceable beef. Other notable players include National Beef Packing Company and Smithfield Foods, both of which have a strong presence in the U.S. beef market and are investing in sustainability efforts to meet consumer demand for organic and grass-fed beef.
Governments in the United States and Canada have introduced several initiatives to support the North America Beef Market, particularly in areas of trade, sustainability, and food safety. The U.S. Department of Agriculture (USDA) has implemented various programs aimed at improving the efficiency and sustainability of beef production, including initiatives to reduce greenhouse gas emissions from cattle farming.
Furthermore, the Canadian Beef Cattle Research Council is focused on research into improving cattle genetics and environmental impacts. Both countries have also been active in negotiating trade agreements that benefit their beef export industries, including agreements with major markets in Asia and the Middle East. Additionally, the U.S. has implemented food safety regulations to ensure the quality and traceability of beef products, which has contributed to the overall trust and demand for U.S. beef in international markets.
North America Beef Market is expected to witness continued growth, driven by both demand for premium products and the push towards more sustainable practices. The future of the industry will likely see further diversification with increasing demand for halal, kosher, and organic beef, particularly in multicultural and health-conscious urban areas. With the focus on sustainability, grass-fed beef and organic beef will continue to see rising consumer interest.
Additionally, technological advancements in beef production and processing techniques are expected to improve the overall efficiency of the industry, reducing waste and increasing productivity. As consumers continue to seek transparency in food sourcing, traceability in beef production will become increasingly important, making it a key area for investment and development. The demand for beef in fast food chains, grilling, and barbecuing will also continue to drive the growth of the market, making it an integral part of the North America food culture.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Vasu, Senior Research Analyst, 6Wresearch, the loin and brisket are the dominant categories in terms of consumer demand and market share. The loin is a highly valued cut, often used for premium steaks, such as T-bones and filet mignon, making it a top choice for high-end restaurants and consumers looking for quality beef. The brisket, particularly in the U.S., is a favorite for grilling, barbecuing, and slow cooking, and has become increasingly popular with the rise of barbecue culture and home grilling. These cuts are favored for their tenderness, flavor, and versatility in a variety of cooking methods.
In terms of beef slaughter methods, kosher and halal beef are experiencing significant growth, driven by increasing multicultural and religiously diverse populations in North America. These slaughter methods cater to specific consumer demands and are particularly popular in urban areas with substantial Jewish and Muslim communities. Halal beef is gaining attention, not only within Muslim populations but also among health-conscious consumers who associate it with ethical slaughter practices. Kosher beef, traditionally associated with Jewish dietary laws, also appeals to those seeking meat with high-quality standards.
United States dominates the North America Beef Market, contributing significantly to both production and consumption. The U.S. is the largest producer of beef globally, driven by its robust cattle farming industry, extensive beef processing infrastructure, and high demand for beef across various segments, from premium cuts to fast food. The U.S. is also a major exporter of beef, particularly to markets in Asia, Canada, and the Middle East.
The market report covers the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Beef Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Beef Market Revenues & Volume, 2021 & 2031F |
3.3 North America Beef Market - Industry Life Cycle |
3.4 North America Beef Market - Porter's Five Forces |
3.5 North America Beef Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Beef Market Revenues & Volume Share, By Beef Cut, 2021 & 2031F |
3.7 North America Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2021 & 2031F |
4 North America Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Beef Market Trends |
6 North America Beef Market, 2021 - 2031 |
6.1 North America Beef Market, Revenues & Volume, By Beef Cut, 2021 - 2031 |
6.2 North America Beef Market, Revenues & Volume, By Beef Slaughter Method, 2021 - 2031 |
7 United States Beef Market, 2021 - 2031 |
7.1 United States Beef Market, Revenues & Volume, By Beef Cut, 2021 - 2031 |
7.2 United States Beef Market, Revenues & Volume, By Beef Slaughter Method, 2021 - 2031 |
8 Canada Beef Market, 2021 - 2031 |
8.1 Canada Beef Market, Revenues & Volume, By Beef Cut, 2021 - 2031 |
8.2 Canada Beef Market, Revenues & Volume, By Beef Slaughter Method, 2021 - 2031 |
9 North America Beef Market Key Performance Indicators |
10 North America Beef Market - Opportunity Assessment |
10.1 North America Beef Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Beef Market Opportunity Assessment, By Beef Cut, 2021 & 2031F |
10.3 North America Beef Market Opportunity Assessment, By Beef Slaughter Method, 2021 & 2031F |
11 North America Beef Market - Competitive Landscape |
11.1 North America Beef Market Revenue Share, By Companies, 2024 |
11.2 North America Beef Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |