The sales of processed or cured pork in the US have depicted steady growth from 2013 to 2023, escalating from approximately $10.791 billion to $16.142 billion. The year-on-year percentage variation during the previous two years was moderate, with 2.47% in 2023. The compounded annual growth rate (CAGR) for the past five years averaged around 2.72%. All data beyond 2023, including a projection reaching approximately $17.992 billion in 2028, underscores a continued albeit slower trend, reflected in a forecasted five-year CAGR of 1.69%.

Future trends to watch for include:

Evolving consumer preferences towards healthier options might spur innovation and diversification in product lines.
Potential impacts of regulatory shifts or trade agreements on importing costs and supply chain dynamics.
Technological advancements in production and processing to enhance sustainability and efficiency.