FOOD & NUTRITION
Meat industry value worldwide in 2021 and forecast for
2022 and 2027 (in billion U.S. dollars)
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
1 600
1 400
1 354
Market value in billion U.S. dollars
1 264,31
1 180,57
1 200
1 102,37
1 029,35
1 000
961,17
897,5
800
600
400
200
0
2021
2
2022*
Note(s): Worldwide; 2022
Further information regarding this statistic can be found on page 8.
Source(s): MMR; Statista; ID 502286
2023*
2024*
2025*
2026*
2027**
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
1 600
Your Headline
Your Notes:
1 400
1 354
Market value in billion U.S. dollars
1 264,31
1 180,57
1 200
1 102,37
1 029,35
1 000
961,17
897,5
800
600
400
200
0
2021
3
2022*
2023*
Note(s): Worldwide; 2022
Further information regarding this statistic can be found on page 8.
Source(s): MMR; Statista; ID 502286
2024*
2025*
2026*
2027**
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
Market value in billion U.S. dollars
0
200
400
2021
2022*
2023*
2024*
2025*
2026*
2027**
4
Note(s): Worldwide; 2022
Further information regarding this statistic can be found on page 8.
Source(s): MMR; Statista; ID 502286
600
1 000
800
1 200
1 400
897,5
961,17
1 029,35
1 102,37
1 180,57
1 264,31
1 354
1 600
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
Your Headline
Market value in billion U.S. dollars
0
200
400
600
2021
2022*
2023*
2024*
2025*
2026*
2027**
5
Note(s): Worldwide; 2022
Further information regarding this statistic can be found on page 8.
Source(s): MMR; Statista; ID 502286
800
1 000
1 200
1 400
897,5
961,17
1 029,35
1 102,37
1 180,57
1 264,31
1 354
1 600
Your Notes:
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
1 450
1 354
Market value in billion U.S. dollars
1 350
1 264,31
1 250
1 180,57
1 150
1 102,37
1 029,35
1 050
961,17
950
897,5
850
2021
6
2022*
Note(s): Worldwide; 2022
Further information regarding this statistic can be found on page 8.
Source(s): MMR; Statista; ID 502286
2023*
2024*
2025*
2026*
2027**
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
1 450
Your Headline
Your Notes:
1 354
Market value in billion U.S. dollars
1 350
1 264,31
1 250
1 180,57
1 150
1 102,37
1 029,35
1 050
961,17
950
897,5
850
2021
7
2022*
2023*
Note(s): Worldwide; 2022
Further information regarding this statistic can be found on page 8.
Source(s): MMR; Statista; ID 502286
2024*
2025*
2026*
2027**
Meat industry value worldwide in 2021 and forecast for 2022 and 2027 (in billion U.S. dollars)
Global meat products market value 2021-2027
Description
Source and methodology information
Source(s)
MMR; Statista
Conducted by
MMR; Statista
Survey period
2022
Region(s)
Worldwide
Number of respondents
n.a.
Age group
n.a.
Special characteristics
n.a.
Published by
MMR
Publication date
August 2022
Original source
Global Meat Market
Website URL
visit the website
Notes:
For the Statista estimate an exponential development of the values
between 2021 and 2027 was assumed to estimate the annual values. The
values for 2021 and 2027 were provided by the source.
8
The value of the global meat sector was estimated to value at 897 billion U.S. dollars in 2021, and was forecast
to increase to 1354 billion U.S. dollars by 2027.
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.