North America Bacon Market Size & Outlook, 2024-2030
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North America bacon market highlights
- The North America bacon market generated a revenue of USD 17,628.8 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, regular was the largest revenue generating type in 2023.
- Ready-to-eat is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 17,628.8 million |
| Market revenue in 2030 | USD 21,540.1 million |
| Growth rate | 2.9% (CAGR from 2024 to 2030) |
| Largest segment | Regular |
| Fastest growing segment | Ready-to-eat |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular, Ready-to-eat |
| Key market players worldwide | Hormel Foods Corp, Tyson Foods Inc Class A, The Kraft Heinz Co, WH Group Ltd ADR |
Other key industry trends
- In terms of revenue, North America region accounted for 25.1% of the global bacon market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,407.1 million by 2030.
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Bacon Market Scope
Bacon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Niman Ranch Rewiews | View profile | 1-10 | Minneapolis, Minnesota, United States, North America | http://www.nimanranch.com |
| Oscar Mayer | View profile | 51-100 | Madison, Wisconsin, United States, North America | http://oscarmayer.com |
| Karro Food Group | View profile | 1001-5000 | Malton, York, United Kingdom, Europe | http://www.karro.co.uk/ |
| Farmland LP | View profile | 51-100 | San Francisco, California, United States, North America | http://www.farmlandlp.com/ |
| WH Group Ltd ADR | View profile | 101000 | 1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Hong Kong, Hong Kong | https://www.wh-group.com |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Tyson Foods Inc Class A | View profile | 139000 | 2200 West Don Tyson Parkway, Springdale, AR, United States, 72762-6999 | https://www.tysonfoods.com |
North America bacon market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bacon market will help companies and investors design strategic landscapes.
Regular was the largest segment with a revenue share of 59.06% in 2023. Horizon Databook has segmented the North America bacon market based on regular, ready-to-eat covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of North America bacon market databook
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Our clientele includes a mix of bacon market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America bacon market , including forecasts for subscribers. This continent databook contains high-level insights into North America bacon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America bacon market size, by country, 2018-2030 (US$M)
North America Bacon Market Outlook Share, 2023 & 2030 (US$M)
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