Retail prices of meat have been particularly volatile throughout the COVID-19 pandemic. Supply chain disruptions and meat plant closures in 2020 led to limited supply and higher prices for meat.
Retail demand for fresh meat spiked in 2020, mainly as a result of consumers preparing more food at home as restaurants closed due to COVID-19. These foodservice closures led to a short-term shift in eating habits.
The COVID-19 pandemic led to sharp declines in foodservice sales of all types of fresh meat in 2020. Some types experienced larger declines than others, with pork and other meats seeing the largest decreases.
Although meat consumption continues to grow in the US, plant-based meat alternatives have become increasingly popular, and now make up approximately 1% of the total meat market. These alternatives are popular amongst vegetarians and vegans, but also amongst other consumers looking to limit their meat intake for a variety of reasons, including for health, animal welfare, or the environment.
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This is the aggregation of beef & veal, lamb, mutton & goat, pork, poultry and other meat. Only include fresh, raw, uncooked and unprocessed meat whether packaged or unpackaged, chilled or frozen. All industrially packaged/processed meat products typically sold via the self-service counters in retail outlets are excluded. This category does not cover offal, animal fat, skins and hides.See All of Our Definitions
This report originates from Passport, our Meat research and analysis database.
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