Global Beef Market Is Projected To Surge Ahead At A CAGR Of 5.45% From 2024 To 2032

Published: 2024-09-30
Views: 66
Author: rameshjadhav
Published in: Business

The global Beef Market was valued at USD 436.58 Billion in 2023 and is likely to reach USD 703.85 Billion by 2032, increasing at a CAGR of 5.45% from 2024 to 2032.

Beef is the meat that comes from cattle, commonly consumed around the world. The term "beef" has its origins in the Old French word buef, which refers to meat derived from cows. Similar to how pork refers to pig meat and mutton refers to sheep meat, beef is specifically associated with cattle. High-quality beef is typically sourced from early-maturing cattle breeds that are specially raised for meat production. The best beef is characterized by its firm, velvety texture, fine grain, and a bright red color. A well-marbled cut, which means the fat is evenly distributed throughout the meat, contributes to its tenderness and flavor.

The fat in premium beef is smooth and creamy white, further indicating its quality. Additionally, the age of the cattle influences the texture of the meat. Younger cattle tend to have softer, spongy bones, while older cattle produce harder, white bones, which are less desirable. Properly aged beef is favored for its tenderness and richer flavor, making it a sought-after choice in culinary traditions worldwide.

The Major Players Covered in this Report:

JBS S.A. (Brazil), Tyson Foods, Inc. (United States), Cargill, Incorporated (United States), Marfrig Global Foods S.A. (Brazil), National Beef Packing Company, LLC (United States), Minerva S.A. (Brazil), Nipponham Group (Japan), Australian Agricultural Company Limited (Australia), Vion Food Group (Netherlands), Danish Crown (Denmark), NH Foods Ltd. (Japan), Danish Crown Beef (Germany), Goodman Fielder (Australia), Zandbergen World’s Finest Meat (Netherlands), Greater Omaha Packing Co., Inc. (United States), Farmland Foods, Inc. (United States) and Other Major Players.

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In addition, report highlights recent market developments, keeping you informed about emerging opportunities and competitive dynamics. The study offers in-depth company profiles and competitive analysis. These sections offer invaluable insights into market players, encompassing their overview, market role, operating business segments, and financial performance. By evaluating critical metrics such as production volume, sales volume, and sales margin, we provide a comprehensive understanding of their market position.

Key Chapter Will Be Provided In The Report

• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis

Market Segmentation

By Cut Type

Ground, Roasts, Steaks

By Slaughter Method

Kosher, Halal

By Distribution Channel

Retail Sales, HoReCa, Butcher Shops

Regional Analysis:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Reasons to Buy:

1. The nature of Beef business opportunities has grown in complexity with the industry evolving at a greater pace, making it increasingly difficult to go without adequate information on markets and companies.
2. Gain a complete understanding of the Global Beef industry through the comprehensive analysis
3. Evaluate the pros and cons of investing/operating in country-level Beef markets through reliable forecast model results
4. Identify potential investment/contract/expansion opportunities
5. Drive your strategies in the right direction by understanding the impact of the latest trends, and market forecasts on your Beef business
6. Beat your competition through information on their operations, strategies, and new projects
7. Recent insights on Beef market will help users operating in the market to initiate transformational growth

Our Beef market report undergoes detailed research of the entire industry, ensuring precision and reliability. We establish a strong foundation by drawing upon an extensive array of primary and secondary sources. With a focus on comprehensiveness, our study encompasses the complete market ecosystem of the Beef market. This entails analysing the functions and interdependencies of various market stakeholders. We use trusted methodologies such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis further which enriches our evaluation. Moreover, through detailed segmentation analysis and extensive geographical coverage, we facilitate a profound understanding of regional trends.

Key highlights of the Report:

• Market Performance (2017-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

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