Beef Market was valued at US$ 508.48 Billion in 2029. The Beef Market size is estimated to grow at a CAGR of 3.2% over the forecast period.
Beef Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Beef market.
Beef Market Overview
The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Beef Market.
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Beef Market Regional Insights
A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.
Beef Market Segmentation
The market is split into three categories based on product: cubed, streaks, and ground roast. Due to its lower cost than other cuts and suitability for a range of budgetary needs, ground beef is anticipated to hold the biggest market share during the projection period. Several cuisines employ steaks and roasts as ingredients. These slices are used at fine dining establishments for customers who want expensive, high-quality meals. The market is anticipated to grow as ground beef consumption rises. Health advantages of ground beef include its support for hormone production, ability to activate the immune system, and ability to replace iron levels. Due to the high levels of protein and fat in ground beef, the segment's growth is anticipated to accelerate.
The market is divided into Brisket, Shank, Loin, and Others based on Cut. Throughout the projected period, the brisket segment is anticipated to rule the market. The usage of brisket in corned beef recipes around the world, primarily among Jews, is one of the factors contributing to the increase. The meat encircling the breastbone is known as the brisket. The sector is being supported by the ease of grilling brisket slowly, as well as the fact that it is one of the most delicious cuts of beef. Because of its increasing use in the production of low-fat ground beef due to its leanness, the shank is predicted to expand at the quickest rate of CAGR of xx% throughout the projection period.
1 Global Beef Market, by Product (2022-2029)
• Ground Roasts
• Streaks
• Cubed
2 Global Beef Market, by Cut (2022-2029)
• Brisket
• Shank
• Loin
• Others
3 Global Beef Market, by Slaughter Method (2022-2029)
• Kosher
• Halal
• Others
4 Global Beef Market, by Distribution Channel (2022-2029)
• Retail Sales
• HoReCa
• Butcher Shops
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Beef Market Key Players
1. JBS SA
2. National Beef Packing Company, LLC
3. American Foods Group, LLC
4. Agri Beef Co.
5. Perdue Farms Inc.
6. Tyson Foods, Inc
7. Strauss Brands LLC
8. Cargill, Incorporated
9. Central Valley Meat
10.Danish Crown A/S
11.NH Foods Ltd
12.Vion Food group
13.Hormel Foods Corporation
14.St Helen’s Meat Packers
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Key questions answered in Beef Market are:
- What is the Beef market size of the dominating region?
- What was the Beef market size in 2022?
- What is the expected Beef market size by 2029?
- What is the growth rate of the Beef Market?
- Which are the factors expected to drive the Beef market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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