In 2023, the meat market size volume per capita in the US stood at 125.45 kilograms. Forecasted data indicates a gradual increase from 125.9 kg per capita in 2024 to 127.82 kg per capita by 2028. This represents a year-on-year increase of approximately 0.39% to 0.36% over the forecast period. Observing the five-year trend, the market is expected to grow at an average CAGR of around 0.37% annually.
Future trends to watch for include potential impacts from changing consumer preferences towards plant-based diets, regulatory changes around meat production, and advancements in lab-grown meat technology, which could disrupt traditional meat consumption patterns.
- 2024: 0.36% increase from 2023
- 2025: 0.39% year-on-year increase
- 2026: 0.38% year-on-year increase
- 2027: 0.38% year-on-year increase
- 2028: 0.36% year-on-year increase
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