US Frozen Meat Market Trends, Share, Size, Demand, Revenue, Competition and Future Outlook
United States Frozen Meat Market Growth, Size, Trends Analysis- By Product Type, By Distribution Channel, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: FOOD24104 | Pages: 1 - 109 | Formats*: |
| Category : Food & Beverages | |||
United States Frozen Meat Market Introduction and Overview
According to SPER Market Research, the United States Frozen Meat Market is estimated to reach USD 84.27 billion by 2033 with a CAGR 3.27%.
The report includes an in-depth analysis of the United States Frozen Meat Market, including market size and trends, product mix, distribution channels, and supplier analysis. Frozen meat refers to meat products made from poultry, aquaculture, or recently slain animals. The meat is preserved by adding a lot of seasonings, acidifiers, salt, and flavorings, and freezing it at a temperature higher than -180°C. Typical meats including beef, chicken, pork, and seafood are among the goods that are frequently frozen. These items are available year-round, have less microbial development, are easier to store, and have a longer shelf life than freshly sliced beef. Foster Farms Inc., Jbs Pilgrims, Koch Foods Incorporated, Sanderson Farms, Inc., Stouffer's (Nestlé S.A.), Tyson Foods Inc., Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., Conagra Brands, Inc., El Monterey Inc.
- Farm-wise L.L.C., a US-based manufacturer of frozen vegetarian fries, veggie tots, and veggie rings, was purchased by B&G Foods in February 2020. Farmwise becomes a part of a portfolio of brands that also includes Back to Nature, B&G, B&M, Cream of Wheat, Green Giant, Las Palmas, Maple's Grove, and more with this acquisition.
Market Opportunities and Challenges
Opportunities: As it comes to overcoming time restrictions from work, daycare, and the community, consumers are seeking for convenient dinner options, such as frozen cuisine that requires little to no preparation. During the projection period, the market will be further driven by consumers' increasing reliance, particularly millennials, on ready-to-cook foods due to time limitations. The U.S. Department of Agriculture reports that as a result of their hectic schedules, 72.0% of Americans buy ready-to-eat food from full-service restaurants in April 2021. The demand for the product will rise in the upcoming years due to the increased preference for frozen food among Gen Z and millennials over fresh food because it is more convenient and healthful.
Challenges: The development and stability of the frozen meat business in the US are impacted by a number of issues. One major problem is the pressure on prices and profit margins caused by the growing competition from both local and foreign suppliers. Furthermore, there is less of a market for frozen meats as consumers gravitate toward fresh, organic, and plant-based options. Additionally, companies must incur significant costs to comply with the market's strict regulations pertaining to food safety and labeling. Products may become less available due to supply chain interruptions, which are frequently made worse by external events such as severe weather and world crises. Last but not least, as technology advances in food preservation and storage, there is an increasing demand for ongoing investment, making it harder for smaller firms in the industry to compete with bigger rivals.
Market Competitive Landscape
The industry's competitive environment has also been looked at, and some of the major participants are Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., and Conagra Brands, Inc. Sanderson Farms, Inc., El Monterey Inc., Koch Foods Incorporated, Stouffer's (Nestlé S.A.), and Tyson Foods Inc, Foster Farms Inc., Jbs Pilgrims.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel, By End User |
| Regions covered | Eastern Region, Western Region, Northern Region, Southern Region |
| Companies Covered | Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., Conagra Brands, Inc., El Monterey Inc., Foster Farms Inc., Jbs Pilgrims, Koch Foods Incorporated, Sanderson Farms, Inc., Stouffer’s (Nestlé S.A.), Tyson Foods Inc. |
COVID-19 Impact on United States Frozen Meat Market
The COVID-19 pandemic significantly disrupted multiple levels of the supply chain, which significantly impacted the frozen beef market in the United States. Lockdown methods first created temporary plant closures and a manpower shortage, which in turn caused a decline in production capacity and a scarcity of inventories. A surge in demand for frozen foods resulted from more individuals cooking at home, and as a result, many retailers experienced stockouts as customers began to buy in bulk. Moreover, the epidemic exposed flaws in the supply chain, which made several companies reevaluate their sourcing and logistical strategies. Furthermore, food safety protocols came under increased scrutiny as a result of health concerns, which forced producers to adhere to stricter cleaning regulations.
Key Target Audience:
- Retail Consumers
- Food Service Providers
- Wholesale Distributors
- Restaurants and Cafés
- Meal Kit Companies
- Supermarkets and Grocery Chains
- Health-Conscious Consumers
Our in-depth analysis of the United States Frozen Meat Market includes the following segments:
| By Product Type: | |
| By Distribution Channel: | |
| By End Use: |
Key Topics Covered in the Report:
- United States Frozen Meat Market Size (FY’2024-FY’2033)
- Overview of United States Frozen Meat Market
- Segmentation of United States Frozen Meat Market By Product Type (Poultry, Beef, Pork, Seafood, Others)
- Segmentation of United States Frozen Meat Market By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online, Others)
- Segmentation of United States Frozen Meat Market By End Use (Retail, Institutional)
- Expansion Analysis of United States Frozen Meat Market
- Problems and Obstacles in United States Frozen Meat Market
- Competitive Landscape in the United States Frozen Meat Market
- Impact of COVID-19 and Demonetization on United States Frozen Meat Market
- Details on Current Investment in United States Frozen Meat Market
- Competitive Analysis of United States Frozen Meat Market
- Prominent Players in the United States Frozen Meat Market
- SWOT Analysis of United States Frozen Meat Market
- United States Frozen Meat Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United States Frozen Meat Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Frozen Meat Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Frozen Meat Market
7. United States Frozen Meat Market, By Product Type (USD Million) 2020-2033
7.1. United States Frozen Meat Market Size, Share and Forecast, By Product Type, 2020-20267.2. United States Frozen Meat Market Size, Share and Forecast, By Product Type, 2027-20337.3. Poultry7.4. Beef7.5. Pork7.6. Seafood7.7. Others
8. United States Frozen Meat Market, By Distribution Channel (USD Million) 2020-2033
8.1. United States Frozen Meat Market Size, Share and Forecast, By Distribution Channel, 2020-20268.2. United States Frozen Meat Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Supermarkets and Hypermarkets8.4. Convenience Stores8.5. Online8.6. Others
9. United States Frozen Meat Market, By End Use (USD Million) 2020-2033
9.1. United States Frozen Meat Market Size, Share and Forecast, By End Use, 2020-20269.2. United States Frozen Meat Market Size, Share and Forecast, By End Use, 2027-20339.3. Retail9.4. Institutional
10. United States Frozen Meat Market Forecast, 2020-2033 (USD Million)
10.1. United States Frozen Meat Market Size and Market Share
11. United States Frozen Meat Market, By Region, 2020-2033 (USD Million)
11.1. United States Frozen Meat Market Size and Market Share By Region (2020-2026)11.2. United States Frozen Meat Market Size and Market Share By Region (2027-2033)11.3. Eastern Region11.4. Western Region11.5. Northern Region11.6. Southern Region
12. Company Profile
12.1. Agrika International Inc.12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Ajc International, Inc.12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Ben E. Keith Company12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Brecon Foods Inc.12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Conagra Brands, Inc.12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. El Monterey Inc.12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Foster Farms Inc.12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Jbs Pilgrims12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Koch Foods Incorporated12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Sanderson Farms, Inc.12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. Stouffer’s (Nestlé S.A.)12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments12.12. Tyson Foods Inc.12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments12.13. Others
13. Conclusion
14. Reference Links
15. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Frozen Meat Market is projected to reach USD 84.27 billion by 2033, growing at a CAGR of 3.27% during the forecast period.
United States Frozen Meat Market grew in Market size from 2024. The Market is expected to reach USD 84.27 billion by 2033, at a CAGR of 3.27% during the forecast period.
United States Frozen Meat Market CAGR of 3.27% during the forecast period.
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United States Frozen Meat Market size is USD 84.27 billion from 2024 to 2033.
United States Frozen Meat Market is covered By Product Type, By Distribution Channel and By End User
The North America is anticipated to have the highest Market share in the United States Frozen Meat Market.
The key players in the Market include Companies Covered Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., Conagra Brands, Inc., El Monterey Inc., Foster Farms Inc., Jbs Pilgrims, Koch Foods Incorporated, Sanderson Farms, Inc., Stouffer’s (Nestlé S.A.), Tyson Foods Inc.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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