Beef is a culinary term for beef meat. Corned beef is meat that has been cured in a salt solution. To help preserve the meat, it was salted and cured before it was refrigerated. The largest protein content is found in beef and veal, which is predicted to increase demand as a key source of protein. Veal contains the most protein of any meat, with 33.9% per 100 grammes cooked. Pork has 29.3% protein, while chicken has 28.9%. With increased disposable income boosting beef demand, China is anticipated to be a big market. People's living standards have increased, and they now prefer beef-based products to pork and chicken-based products. Burgers and rolls made from these ingredients are becoming increasingly popular among teenagers.

Beef Market Overview: 

The fundamental purpose of this research is to help the user understand the Beef Market in terms of definition, segmentation, market potential, significant trends, and the issues that the Beef industry faces in key areas and countries. Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.

Beef Market Size 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.

Scope of the Report

Market figures and information were gathered from reliable sources such as websites, annual reports of businesses, journals, and so on, and were then checked and validated by industry professionals.

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Beef Market Drivers:

Consumer desire for nutritious, protein-rich meat products is driving the increase in disposable income. Consumption of these products is increasing in China and Thailand's emerging economies, particularly among the middle class. China's income has increased by double digits and is predicted to continue growing, and beef consumption is expected to increase during the forecast period. Consumers are included meat products in their diets as their living standards rise and they become more aware of the importance of animal protein. Government activities relating to the food business are another major driver driving market expansion. The Chinese government has lifted the restriction on refrigerated and frozen foods from Australia.

Beef Market Segmentation: 

by Product

Ground Roasts
Streaks
Cubed
by Cut

Brisket
Shank
Loin
Others
by Slaughter Method

Kosher
Halal
Others
by Distribution Channel

Retail Sales
HoReCa
Butcher Shops

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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Regional Analysis:

The report focuses on Regions and Market Size of Beef , and development forecast 2021-2027, including industries, major players, suppliers globally, and market share by regions, with company and product introduction, market position including market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.

COVID-19 Impact on the Beef Market

The report addresses the consequences of COVID-19: Since the COVID-19 virus emerged in December 2019, the sickness has spread to nearly every country on the earth, causing the World Health Organisation to designate it a public health catastrophe. The global impacts of the coronavirus outbreak are already being felt, and they will have a significant impact on the Beef sector in 2021.

Key Questions answered in the Beef Market Report are:

What is the function of Beef ?
What is the predicted revenue generation of the Beef market?
At what growth rate is the Beef market evolving?
Who are the major market giants operating in the Beef market?

Key offerings:

  • A detailed Market Overview
  • Market Share
  • Market Size
  • Market Forecast by Revenue
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation- A detailed analysis of each segment and their segments
  • Competitive Landscape - Leading key players and other prominent key players.

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