Dry Ageing Beef Market | Industry Analysis, Growth rate, and Future Forecast 2020-2029

Dry Ageing Beef Market Snapshot:

Dry aging can be defined as the process in which beef carcasses are hung or placed on the rack for 28 to 55 days under controlled conditions to facilitate drying. The process of aging tenders and produces an intensive flavor in the meat. Dry-aged meat is tenderer and provides a more intense and nutty flavor compared to wet-aged meat, which is vacuum-sealed and kept in a controlled environment. Dry-aged beef is not the most popular type of meat sold in the market, primarily due to high aging shrinkage, the risk of contamination, and trim loss. Moreover, the accurate environmental conditions required for aging make the dry-aging process a costly endeavor compared to other conventional processing methods. Additionally, the process also demands the highest grade beef with significant marbling and requires a certain amount of time to produce good quality (28 days). These factors are likely to narrow down the scope of dry-aged beef and hinder the growth of the dry-aging beef market in upcoming years.

Global Dry Ageing Beef Market is expected to grow at a steady growth during the forecast period 2019-2029, Dry Ageing Beef Market report offers insights into the latest trends. It summarizes key aspects of the market, with a focus on leading key player’s areas that have witnessed the highest demand, leading regions, and applications. It offers qualitative as well as quantitative information regarding the factors, challenges, and opportunities that will define the growth of the market over 2019-2029. The report aims at historical occurrences, talks about the present status of the industry, and also provides valuable forecast information up to 2029. Every organization partaking within the global production of the Dry Ageing Beef market products is mentioned during this report, so as to review the insights on cost-effective manufacturing methods, competitive landscape, and new avenues for applications.

Currently, the dry aging beef market is in the nascent stage, which is attributable to the limited customer base that is willing to pay the higher prices for superior flavored meat. Moreover, the aging parameters and microbiology of dry-aged beef remain less explored areas. Prominent market players are still working on the adoption of techniques that can re-invent the traditional dry-aged beef processing.  For instance, TUB-EX Aps’ Tublin 10 is a packaging film with lower permeation that can help in achieving flavors equivalent to traditional dry-aging in a shorter duration of time.
The improving standard of living owing to rising disposable income has shifted the consumer preference toward unique and premium flavored products. Dry-aged beef has low moisture and high protein content than wet-aged beef, which makes the former the more preferred option among individuals who meet their protein needs by consuming beef.

The growing population and improving disposable income are expected to drive consumption, particularly as beef a key protein source. The beef industry took a major hit in 2015, with a decline in prices due to the halt of meat export from key suppliers such as the Americas, India, and Australia. But it is expected to gain traction in the coming years, with economic growth boosting demand. Moreover, the expansion of animal husbandry in key producing areas is likely to bring down bovine meat prices by 2020, which could further shift consumers toward bovine meat as a cheap source of protein.

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The Major Prominent Players Covered in this Report:
Indian Ridge Provisions
DeBragga and Spitler
The Ventura Meat Company
Sysco Corporation
Chicago Steak Company
Creek Bed Country Farmacy, LLC
Fairway Packing Company
The Butcher's Market
West Coast Prime Meats
Chicago Steak Company
American Grass Fed Beef
DrybagSTeak, LLC

By Nature, Organic, Conventional,
By Grade, Prime Beef, Wagyu Beef, Choice Beef, Others,
By Distribution Channel, B2B, B2C, Store-Based Retail, Hypermarkets and Supermarkets, Restaurants, Food Chain, Others, Online Retail

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Dry Ageing Beef in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Dry Ageing Beef market during the forecast period 2019-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Dry Ageing Beef and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Dry Ageing Beef. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Key Questions Answered in The Report:
What will the Dry Ageing Beef market growth rate?
What are the key factors driving the global Dry Ageing Beef market?
Who are the key manufacturers in the Dry Ageing Beef market space?
What are the market opportunities, market risk, and market overview of the Dry Ageing Beef market?
What are sales, revenue, and price analysis of top manufacturers of the Dry Ageing Beef market?
Who are the distributors, traders, and dealers of the Dry Ageing Beef market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Dry Ageing Beef Industry?
What are sales, revenue, and price analysis by regions of Dry Ageing Beef industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Dry Ageing Beef Market Trends:
- The report identifies, determines, and forecasts the Global Dry Ageing Beef Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Dry Ageing Beef Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Dry Ageing Beef Market.

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