Corned Beef Market Size
The global corned beefmarket size was valued at $1.66 billion in 2025 and is projected to reach $2.57 billion by 2031, growing at a CAGR of 7.5% during the forecast period.
Corned Beef Market Overview
Corned beef is a popular meat product made from brisket that has been cured in a salt brine, often with added spices for flavor. The market for corned beef is expected to grow significantly, driven by rising consumer demand for convenient and flavorful meal options.
Companies in this sector can benefit from this trend by expanding their product lines and enhancing their marketing strategies. For instance, Deli Brands of America, which has been producing corned beef since 1932, emphasizes its commitment to quality through continual investment in modern processing equipment to meet customer expectations. Similarly, Kretschmar Premium Deli Meats recently launched a campaign encouraging consumers to explore various uses for deli meats, including corned beef, beyond traditional sandwiches. This aligns with the growing trend of consumers seeking diverse culinary experiences.
Corned Beef Market Dynamics
The corned beefmarket is expected to witness significant growth in the future due to the increasing consumer demand for convenient and ready-to-eat meat products, rising popularity of corned beef in traditional dishes, and growth of the food service industry. However, the competition from plant-based meat alternatives affecting traditional meat sales, fluctuating prices of raw materials and supply chain disruptions, and health concerns regarding processed meats and sodium content in corned beef are restraining the growth of the market.
Furthermore, innovations in packaging that extend shelf life and improve convenience, development of healthier corned beef options with reduced sodium or organic ingredients, and expanding into emerging markets where demand for processed meats is growing are the key trends propelling the corned beefmarket.
Increasing Consumer Demand for Convenient and Ready-To-Eat Meat Products is Driving the Corned Beef Market
The increasing consumer demand for convenient and ready-to-eat meat products is significantly impacting the corned beef market, as evidenced by several key developments and trends. The food service industry has seen a surge in demand for corned beef sandwiches and other quick-service offerings, particularly around St. Patrick's Day, which further drives sales during peak seasons. The U.S. Department of Agriculture (USDA) has also supported initiatives to promote meat consumption, including corned beef, through various marketing campaigns that highlight its versatility and convenience in meal planning. Overall, these factors illustrate how the growing preference for convenient meat products is positively influencing the corned beef market, leading to innovative product launches and increased market activity.
By Type, the Flat Cut Segment is projected to be the Largest Segment in the Corned Beef Market
Flat cut is the largest segment in the corned beefmarket, driven by increasing consumer preferences for leaner meat options and the convenience associated with ready-to-cook products. The global corned beef market is projected to expand from approximately $1.44 billion in 2016 to about $2.67 billion by 2028, with flat cut corned beef anticipated to reach revenues of approximately $1.62 billion during this period, reflecting a strong demand for this specific cut due to its favorable characteristics, such as being easier to slice and cook evenly.
- Companies like Cargill and Conagra Brands are responding to this trend by enhancing their product offerings; for instance, Cargill has focused on producing high-quality flat cut corned beef that caters to both retail and food service sectors. In March 2023, Conagra launched a new line of ready-to-eat flat cut corned beef products aimed at convenience-oriented consumers, further tapping into the growing market for quick meal solutions.
Additionally, the increasing popularity of home cooking has led consumers to seek out flat cut corned beef for traditional recipes, especially during peak seasons like St. Patrick's Day. As a result, the combination of health-conscious choices and the convenience factor positions the flat cut segment for significant growth in the corned beef market over the coming years.
By Geography, Asia-Pacific Holds the Largest Share in the Market Revenue
Asia-Pacific holds the largest share of the corned beefmarket, driven by changing consumer preferences and increasing disposable incomes, rising trend of Western culinary influences, particularly in countries like China and Japan, where corned beef is becoming popular in various dishes.
- For example, in 2023, the Asia-Pacific edible meat market was expected to reach approximately $670.26 billion, with a notable segment dedicated to processed meats like corned beef, indicating a growing acceptance of these products among consumers.
- Companies such as Cargill and Conagra Brands are actively investing in the region to meet this demand; Cargill announced plans to enhance its production capabilities in China in early 2023, focusing on ready-to-eat meat products, including corned beef.
Additionally, government initiatives aimed at improving food safety standards and promoting meat consumption have bolstered consumer confidence in purchasing processed meat products. For instance, the Chinese government's recent lifting of bans on Australian beef imports has opened up new opportunities for corned beef producers to enter the market. As a result, the combination of cultural shifts towards convenience foods and supportive governmental policies is driving robust growth in the corned beef market across the Asia-Pacific region.
Key Target Audience:
- Consumers
- Retailers
- Food Service Providers
- Distributors
- Meat Processors
List of the Key Players Profiled in the Report Includes:
- Cargill
- Tyson Foods Inc.
- Farmland Foods Inc
- Deli Brands of America
- Century Pacific Food Inc
- National Beef Packing Company LLC
- Princes Group
- Stampede Meat Inc
- J Freirich Foods Inc
- Conagra Brands Inc.
- Pocino Foods Company
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Type:
Market by, Application:
Market by, Geography:
The corned beefmarket report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
- North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
- Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
- South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
- Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis
The report offers insights into the following aspects:
- Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
- Analysis of the market structure by identifying various segments and sub-segments of the market.
- Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
- Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
- Understand major player profiles in the market and analyze their business strategies.
- Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.