Global meat industry value forecast 2019-2030| Statista

The value of the global meat sector was estimated to value at 1460 billion U.S. dollars in 2024, and was forecast to increase to 2101.6 billion U.S. dollars by 2030.

Global meat industry

The production volume of meat worldwide has seen a slight increase between 2016 and 2020, from 317.2 million metric tons to around 328 million metric tons. During that time period, pork and poultry were the two most produced types of meat in terms of weight. In 2016 and 2017 pork had a slightly larger production volume than poultry but between 2017 and 2020, poultry overtook pork as the leading of meat worldwide.

Beef in the United States

The United States is the world’s leading producer of beef and veal as of 2020. In that year, the U.S.’s beef production amounted to 12.4 million metric tons. The United States also has the largest domestic consumption of beef of any country. On a regional level, the amount that each consumer in the United States spends on beef on an annual basis varies quite significantly, with the Western United States having the highest household expenditure on beef, and the Midwest having the lowest.

Meat industry revenue worldwide from 2019 to 2030 (in billion U.S. dollars)

Characteristic	Market value in billion U.S. dollars
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Release date

January 2025

More information

Region

Worldwide

Survey time period

2019 to 2030

Supplementary notes

The Meat market covers animal (both domestic and wild) and non-animal meat that are bought and consumed for nutrient-based purposes.

The Fresh Meat market covers meat from both domestic and wild animals that are fresh, chilled, or frozen. This market is divided into five submarkets: beef & veal, pork, mutton & goat, poultry, and other fresh meat.

The Processed Meat market covers all types of meat that has been dried, salted, brined, or smoked. This segment is divided into three subsegments: cold & roast meat products, ham & bacon, sausages.

The Meat Substitutes market covers meat-replacement food items created from vegetarian or vegan components.

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