Market Forecast By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe), By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC081276 | Publication Date: Aug 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Beef Market is anticipated to gain sound growth prospects in the coming time zone. Beef is the third most eaten meat after pork and poultry in the world, but it’s demand varies region to region due to political, cultural and religious beliefs. It is normally preferred over other meats due to its fast preparation time. It is considered as a premium meat product due to its high protein content, thus putting it in the basket of normal goods. Moreover, the recent rapid spread of diseases via pork and poultry has led the meat eater community to shift to Beef. However, the raising awareness of how Beef consumption can increase risk of ailments such as diabetes, heart diseases, and cancer is inhibiting the Market growth. Also, the growing vegan Market is likely to affect the Market in a negative manner. The COVID-19 raised the demand for processed meat in all regions. The price soared up in all regions as people stocked up due to panic and the supply was low. The food service segment saw a dip in Beef trade as restaurants were operating at limited capacities. International trade of Beef was also suffered as stringent policies were put in place to curb the spread of virus.
According to 6Wresearch, the Global Beef Market size is anticipated to register growth during 2021-2027. The United States is the largest consumer Market fuelled by high disposable income of the US and growing demand for meat based fast food. Also, the quality of grass fed products here are the best in the world therefore adding further to the demand. Due to the increasing Jewish and Islamic population in the US the demand for kosher and halal meat is likely to go up in upcoming years. It is followed by China and Brazil where tremendous economic growth has driven people to consume premium meat products like Beef. Brazil is the largest exporter of Beef followed by Australia and India. India only exports carabeef due to restrictions placed by the local government. The Gulf countries of the middle east are one of the largest Markets for Brazilian and Australian Beef. In Europe France has the highest cattle population and thus is able to both meet the local demand as well as export the products. The global Market is highly competitive due to the presence of a large number of multinational players. Increasing demand at the regional and global level is helping these players to increase their production capacity. Some of them are also engaged in e-business platforms to expand their distribution channels and footprint in the Market. Multinational companies 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; and Australian Agricultural Company Limited are engaged in the Beef processing business.
The Beef products are categorized into Brisket, Shank, Loin and others according to cut. It is further classified by the slaughtering technique into Kosher and Halal. Halal meat is more popular in Islamic countries mostly situated in the middle east due to their religious beliefs. The Middle East is different from the rest of the world due to the preference for fresh meat in the region. This has resulted in local butcher shops and superMarkets being one of the prominent distribution channels in this region. In other parts of the world especially North America, Europe and Asia Pacific the rapid urbanization and busy lifestyle has made the indirect distribution of Beef products via QSRs, pizzerias and local restaurants more prominent.
The Global Beef Market report thoroughly covers the Market by product type, distribution channels for regions including North America, Latin America, Europe, Asia Pacific, Middle East and Africa. The Global Beef Market outlook report provides an unbiased and detailed analysis of the current global Beef Market trends, opportunities and Market drivers which would help the stakeholders to devise and align their Market strategies according to the current and future Market dynamics.
Markets Covered
The market report covers the following market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Asumptions |
3. Global Beef Market Overview |
3.1 Global Beef Market Revenues, 2017-2027F |
3.2 Global Beef Market Revenues, By Beef Cut, 2020 & 2027F |
3.3 Global Beef Market Revenues, By Beef Slaughter Method, 2020 & 2027F |
3.4 Global Beef Market - Industry Life Cycle |
3.5 Global Beef Market - Porter’s Five Forces |
4. Global Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Global Beef Market Trends |
6. Global Beef Market Overview, by Beef Cut |
6.1 Global Beef Market Revenues, by Ordinary Brisket, 2017-2027F |
6.2 Global Beef Market Revenues, By Modified Shank, 2017-2027F |
6.3 Global Beef Market Revenues, By Loin, 2017-2027F |
6.4 Global Beef Market Revenues, By Others, 2017-2027F |
7. Global Beef Market Overview, by Beef Slaughter Method |
7.1 Global Beef Market Revenues, By Kosher, 2017-2027F |
7.2 Global Beef Market Revenues, By Halal, 2017-2027F |
7.3 Global Beef Market Revenues, By Others, 2017-2027F |
8. North America Beef Market Overview |
8.1 North America Beef Market Revenues, 2017-2027F |
8.2 North America Beef Market Revenues, By Beef Cut, 2017-2027F |
8.3 North America Beef Market Revenues, By Beef Slaughter Method, 2017-2027F |
8.4 North America Beef Market Revenues, By Countries, 2017-2027F |
9. Latin America Beef Market Overview |
9.1 Latin America Beef Market Revenues, 2017-2027F |
9.2 Latin America Beef Market Revenues, By Beef Cut, 2020 & 2027F |
9.3 Latin America Beef Market Revenues, By Beef Slaughter Method, 2020 & 2027F |
9.4 Latin America Beef Market Revenues, By Countries, 2020 & 2027F |
10. Europe Beef Market Overview |
10.1 Europe Beef Market Revenues, 2017-2027F |
10.2 Europe Beef Market Revenues, By Beef Cut, 2017-2027F |
10.3 Europe Beef Market Revenues, By Beef Slaughter Method, 2017-2027F |
10.4 Europe Beef Market Revenues, By Countries, 2017-2027F |
11. Middle East Beef Market Overview |
11.1 Middle East Beef Market Revenues, 2017-2027F |
11.2 Middle East Beef Market Revenues, By Beef Cut, 2017-2027F |
11.3 Middle East Beef Market Revenues, By Beef Slaughter Method, 2017-2027F |
11.4 Middle East Beef Market Revenues, By Countries, 2017-2027F |
12. Asia Pacific Beef Market Overview |
12.1 Asia Pacific Beef Market Revenues, 2017-2027F |
12.2 Asia Pacific Beef Market Revenues, By Beef Cut, 2017-2027F |
12.3 Asia Pacific Beef Market Revenues, By Beef Slaughter Method, 2017-2027F |
12.4 Asia Pacific Beef Market Revenues, By Countries, 2017-2027F |
13. Middle East Beef Market Overview |
13.1 Middle East Beef Market Revenues, 2017-2027F |
13.2 Middle East Beef Market Revenues, By Beef Cut, 2017-2027F |
13.3 Middle East Beef Market Revenues, By Beef Slaughter Method, 2017-2027F |
13.4 Middle East Beef Market Revenues, By Countries, 2017-2027F |
14. Global Beef Market Key Performance Indicators |
15. Global Beef Market Competitive Landscape |
15.1 Global Beef Market By Companies, 2020 |
15.2 Latin America Beef Market By Companies, 2020 |
15.3 Europe Beef Market By Companies, 2020 |
15.4 North America Beef Market By Companies, 2020 |
15.5 Asia Pacific Beef Market By Companies, 2020 |
15.6 Middle East Beef Market By Companies, 2020 |
15.6 Middle East Beef Market By Companies, 2020 |
15.7 Turkey Beef Market By Companies, 2020 |
15.8 Rest of Global Beef Market By Companies, 2020 |
15.9 Global Beef Market Competitive Benchmarking, By Operating Parameters |
16. Company Profiles |
17. Key Strategic Recommendations |
18. Disclaimer |