Global Bacon Market: Regional Insights
Regionally, North America is expected to dominate the global bacon market over the forecast period owing to the high consumption of meat-based food products in the region. Also, strong presence of key players in the region is again fostering regional market growth. The market is dominated by players, like Hormel Foods Corporation, Tyson Foods Inc., The Kraft Heinz Company, WH Group Limited, etc. The US bacon market was valued at USD 7680.6 million in 2019, and it is projected to reach USD 9502.5 million by 2025, registering a CAGR of 3.61%, during the forecast period (2020-2025).
Figure.1: Global Bacon Market Share (%), By region,2021
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