Beef Market Size was estimated at USD 300.6 billion in 2017 and is projected to exhibit a CAGR of 3% between 2021 and 2027.
Growing population and consumer disposable income, along with beef emerging as a major source of protein, is a major factor driving the market. Beef is one of the most consumed meat forms in the world and is second only to pork in terms of bulk consumption. There is a significant supply and demand gap in the market due to the limited production of this meat due to various environmental and political factors.
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Key Players such as Tyson Foods, Inc.; Danish Crown; Cargill, Incorporated; Marfrig Global Foods S.A.; NH Foods Ltd.; NH Foods Ltd.; St Helen’s Meat Packers; Hormel Foods Corporation; JBS USA; National Beef Packing Company, LLC; Vion Food Group;
By product grade, the global beef market is segmented into Kosher and Halal. Kosher beef has been certified to have been processed according to the Jewish dietary laws. The consumers residing in North America consume Kosher beef due to several advantages such as gastronomy, food safety and quality. Halal beef is consumed by the Islamic community across the world. Since, any other form of meat is banned; beef is the preferred form of meat among the Islamic population.
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Scope of the Report
The research study analyzes the global Beef industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Beef Market Report
1. What was the Beef Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Beef Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Beef Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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