Beef Market worth $223.94 billion by 2030, growing at a CAGR of 4.98% - Exclusive Report by 360iResearch

The "Beef Market by Cut (Brisket, Loin, Shank), Slaughter (Halal, Kosher), Product, Form, Distribution - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Beef Market to grow from USD 159.34 billion in 2023 to USD 223.94 billion by 2030, at a CAGR of 4.98%.

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The beef market encompasses producing, processing, distributing, and selling cattle meat products for both consumer and industrial applications. It covers various stages, including breeding, raising, slaughtering, packaging, and marketing of beef products. Increased demand for protein-rich food sources with changing consumer preferences towards high-quality meat products with better taste and nutritional value is driving the growth of the beef market. Rising technological advancements that improve livestock management practices and increasing acceptance of Halal-certified beef products create a platform for the beef market. Increasing price volatility and fluctuating availability of beef are hampering market growth. Rising development of innovative packaging solutions that prolong the shelf life of beef while minimizing environmental impact is expected to create opportunities for market growth.

The beef market in the Americas is mature, with efficient production systems, a strong consumer base, and strategic trade relationships. In countries including the United States and Canada, beef consumption remains high, with consumers valuing quality over quantity. Approximately 25% of the world's beef production comes from the U.S., making it a dominant player in the global market. Canada has witnessed a surge in beef exports due to increasing product demand. In Europe, strict regulations on animal welfare and meat quality standards ensure food safety within the European Union. Growing concerns about environmental sustainability have led European customers to prefer organic or locally sourced products. Several EU-funded programs have been initiated to promote research on sustainable livestock farming practices. The Middle East region offers lucrative opportunities for beef exporters due to rapid urbanization and a burgeoning middle-class population seeking high-quality meat. Africa's growing population and rising income levels provide unique possibilities for beef exporters; however, logistical hurdles such as inadequate transportation infrastructure may impede market expansion. The beef market in the Asia-Pacific region is rapidly growing, presenting growth opportunities for beef manufacturers due to increasing middle-class populations, disposable incomes, and urbanization. Demand for high-quality meats is rising in India and China, providing opportunities for local producers and international exporters.

Market Segmentation & Coverage:

This research report categorizes the Beef Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Cut, market is studied across Brisket, Loin, and Shank. The Brisket commanded largest market share of 44.21% in 2023, followed by Shank.

Based on Slaughter, market is studied across Halal and Kosher. The Halal commanded largest market share of 42.22% in 2023, followed by Kosher.

Based on Product, market is studied across Fresh Cooked, Frozen, Processed, and Raw. The Processed commanded largest market share of 27.14% in 2023, followed by Raw.

Based on Form, market is studied across Ground and Steak. The Ground is projected to witness significant market share during forecast period.

Based on Distribution, market is studied across Convenience Stores, Discount Stores, E Tailers, Fine Dine, Food Outlets, Supermarket, and Upscale Restaurants. The Convenience Stores commanded largest market share of 36.06% in 2023, followed by Discount Stores.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 34.90% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Beef Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Beef Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Beef Market, highlighting leading vendors and their innovative profiles. These include Agri Beef Co., American Foods Group, LLC, Aufschnitt Meats, Australian Agricultural Company Limited, Bisra Meats LLC, Black Hawk Farms, Blackmore Wagyu, BRF S.A., Cargill, Incorporated, Charoen Pokphand Foods Group, Conagra Brands, Inc., Danish Crown A/S, Grow and Behold Foods, Hamilton Kosher, Hormel Foods Corporation, JBS USA Food Company Holdings, KOL Foods, LLC, Marfrig Global Foods S.A., Meat Products of India Ltd., Minerva Foods SA, NH Foods Ltd., OSI Group, LLC, Smithfield Foods, Inc. by WH Group International Limited, St. Helen's Meat Packers Limited, Starzen Co., Ltd., Tyson Foods, Inc., Vion N.V., and WAGYU MASTER Europe GmbH.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Beef Market, by Cut
7. Beef Market, by Slaughter
8. Beef Market, by Product
9. Beef Market, by Form
10. Beef Market, by Distribution
11. Americas Beef Market
12. Asia-Pacific Beef Market
13. Europe, Middle East & Africa Beef Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Beef Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Beef Market?
3. What is the competitive strategic window for opportunities in the Beef Market?
4. What are the technology trends and regulatory frameworks in the Beef Market?
5. What is the market share of the leading vendors in the Beef Market?
6. What modes and strategic moves are considered suitable for entering the Beef Market?

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