Beef Market 2023 | Massive Hit 31062.81 USD Million and 7.7% CAGR Industry Growth in Upcoming Year 2030 | Research Reports World

Published June 7, 2023

Global “Beef Market” 2023 | New Report | Convenience Food Global Industry | (113 Pages Report) Beef Market it is the Largest Market in the Convenience Food Industry with Greatest Significant Growth in CAGR and the Future Prediction up to 2030. In this report evaluate the effects of increased worldwide inflation on market expansion, Analyze the consequences of the Russia-Ukraine conflict on the provision of its direct and indirect influence on the market, Comprehend the market's reaction to the COVID-19 pandemic and how it is adapting as the pandemic's impact subsides.

“According to the Market Research Report, the Beef market is expected to surpass USD 31062.81 by 2030, which is an increase from its current value of USD 19899.18 in 2022. This growth is projected to have a compound annual growth rate (7.7%) between 2023 and 2030.” Ask for a Sample Report

In today's fast-paced business world, it's essential to stay informed about the latest trends and identify potential threats and opportunities to stay ahead of the competition. In this report, we will explore the importance of keeping up with key industry trends and provide tips on how you can quickly build competitive intelligence. For example, if you notice a growing demand for a particular product or service, you can adjust your offerings accordingly to our Beef market research report. It also Recognize areas of growth and opportunities within the market, Aid decision-making using both historical and projected data, Formulate strategies based on anticipated future developments and attain a global perspective on market development.

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The following key players in the competitive landscape should be evaluated:

Several up-and-coming companies are constantly seeking innovative ways to attract more customers. These companies also invest in research and development to explore novel techniques.

  • Danish Crown
  • Marfrig Global Foods S.A.
  • Vion Food Group
  • Mirha Exports Pvt. Ltd.
  • Minerva Foods
  • Australian Agricultural Company Limited
  • St Helen’s Meat Packers
  • Allanasons Pvt .Ltd.
  • Kerchin
  • Haoyue Group
  • NH Foods Ltd.
  • Tyson Foods, Inc.
  • Cargill
  • Al-Hamd Agro Food Products

Global Beef Market Overview:

  • The Beef market in the Asia-Pacific, North-America, South-America, Europe, Middle East and South Africa and Asia Pacific region is projected to achieve a significant CAGR during the forecast period of 2022 to 2030.
  • Growth of CAGR: The Beef market is expected to grow by approximately 7.7% during the period of 2022 to 2030.
  • Beef Market Types: The global Beef market is divided into segments, with Frozen Beef, Fresh Beef, being the largest contributor to this market.
  • Beef Market Applications: The Foodservice Customers, Retail and Grocery Store Chains, Other segment was the leading contributor to the Beef market in terms of applications, generating USD 19899.18 in 2022, and is projected to reach USD 31062.81 by 2030.

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Rising Demand in Beef Market:

The global demand for Beefs is increasing every year due to the development of highly efficient and technologically advancements, such as Frozen Beef, Fresh Beef, , which offer long-term functionality. This trend is fueling growth in the global Beef market Size.

Competitive Landscape of Beef Market:

Conducting a competitive analysis can provide valuable insights into businesses that are vying for the same target audience. This is crucial in establishing a competitive advantage that can generate consistent revenue. During the analysis, it is important to identify competitors based on their product lines or services as well as their market segments.

Market Analysis and Insight:

Market Overview of Global Beef market:

The latest research study on the global Beef market finds that the global Beef market reached a value of USD 19899.18 million in 2022. It’s expected that the market will achieve USD 31062.81 million by 2028, exhibiting a CAGR of 7.7 Percentage during the forecast period.

Beef is a culinary name for meat which is obtained from animals such as buffalos and cows. Beef is one of the world most consumed meat after pork in terms of volume consumption. Beef can be harvested from bulls, cows, steers or heifers. Acceptability of beef as a food source varies in different parts of the world. Beef can be cooked in several ways such as grilling, roasting, broiling, griddle and barbeque.

Company Overview:

JBS USA, Marfrig Global Foods S.A., Tyson Foods, Inc., Cargill and Minerva Foods are the five key players in the global Beef market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Beef market in the past 5 years.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Beef market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope

This report provides an overview of the global Beef market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Beef and its sub-markets in an intuitive way.

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Global Beef Market Segmentation:

The market research report for the Beef industry has divided the worldwide projection mapping market into different segments based on the type, application, and region. In 2022, the Beef market was dominated by the regular segment due to its increased usage. The conventional segment dominated the largest market share in nature analysis and accounted for the largest revenue share in the Beef market in 2022. The B2B segment dominated the largest market share in end-user type analysis. Europe, Asia, North America, South America and Middle East areas dominated the market with the highest revenue share.

Global Beef Market Types:

The Most interesting area of the global Beef market is market types.

  • Frozen Beef
  • Fresh Beef

Global Beef Market Application:

  • Foodservice Customers
  • Retail and Grocery Store Chains
  • Other

COVID-19 Impact on Beef Market:

Due to the COVID-19 pandemic, there has been an increased demand for Beef in various industries to reduce operational costs, improve efficiency, and minimize maintenance. On the other hand, the adoption and investment in Beef has continued to rise in sectors like Convenience Food, where it enhances the overall customer experience, leading to growth in the Beef market. Additionally, the pandemic has highlighted the significance of Beef in all types of businesses, thus having a positive impact on the global Beef market.

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Global Beef Market Drivers and Restraints: -


Many Consumers are using Beef as a substitute, the primary factors affecting the demand for Beef globally are a rise in consumer demand. Throughout the forecasted period, the demand for a Beef market boosting all over the world. Also, this research report helps to driving business growth.


The Beef playing crucial role in Convenience Food industry growing in billions around the world. Especially which area highly growing and which player dominating in this industry to be found in this research report. In some areas of the Convenience Food business, this may reduce the demand.

Regional Analysis Outlook Covered in Beef Market Research Report:

North America

  • U.S.
  • Canada


  • U.K.
  • Germany
  • France
  • Italy
  • Spain

Asia Pacific

  • China
  • India
  • Japan
  • Australia
  • South Korea

Latin America

  • Brazil
  • Mexico
  • Argentina

Middle East and South Africa

  • UAE
  • Saudi Arabia
  • South Africa

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Key Questions Answered in the Beef Market are:

  • Who are the players in the market?
  • What are the main drivers, growth/decline factors, and challenges?
  • How is the industry expected to evolve in the forecast period?
  • What are the consumption patterns in various regions?
  • Which product types and areas of application are expected to experience significant demand in the near future?
  • What factors make the market a good long-term investment?
  • What strategies are the top firms using to gain market share in mature markets?

Key Offerings:

  • Industry Size and Revenue Projections for 2023-2030
  • Industry Dynamics, including Emerging Trends, Growth Drivers, and Investment Opportunities
  • In-depth Industry Segmentation by Application, Type, and Region
  • Competitive Analysis, featuring Top Competitors and other Leading Players.

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Detailed TOC of Global Beef Market Report 2023:

Table of Content

1. Market Definition and Statistical Scope
1.1 Objective of the Study
1.2 Beef Market Definition
1.3 Market Scope
1.3.1 Market Segmentation by Type, Downstream Industry and Marketing Channel
1.3.2 Major Geographies Covered (North America, Europe, Asia Pacific, Middle East and Africa, Latin America)
1.4 Years Considered for the Study (2018-2029)
1.5 Currency Considered (U.S. Dollar)
1.6 Stakeholders

2. Research Findings and Conclusion

3 Key Companies’ Profile
3.1 Competitive Profile
3.1.1 Global Beef Sales and Market Share by Companies
3.1.2 Global Beef Revenue and Market Share by Companies
3.2 Danish Crown
3.2.1 Brief Introduction of Danish Crown
3.2.2 Danish Crown Sales, Growth Rate and Global Market Share from 2018-2023
3.2.3 Danish Crown Related Products/Service Introduction
3.2.4 Danish Crown Business Overview/Recent Development/Acquisitions
3.3 Marfrig Global Foods S.A.
3.3.1 Brief Introduction of Marfrig Global Foods S.A.
3.3.2 Marfrig Global Foods S.A. Sales, Growth Rate and Global Market Share from 2018-2023
3.3.3 Marfrig Global Foods S.A. Related Products/Service Introduction
3.3.4 Marfrig Global Foods S.A. Business Overview/Recent Development/Acquisitions
3.4 Vion Food Group
3.4.1 Brief Introduction of Vion Food Group
3.4.2 Vion Food Group Sales, Growth Rate and Global Market Share from 2018-2023
3.4.3 Vion Food Group Related Products/Service Introduction
3.4.4 Vion Food Group Business Overview/Recent Development/Acquisitions
3.5 Mirha Exports Pvt. Ltd.
3.5.1 Brief Introduction of Mirha Exports Pvt. Ltd.
3.5.2 Mirha Exports Pvt. Ltd. Sales, Growth Rate and Global Market Share from 2018-2023
3.5.3 Mirha Exports Pvt. Ltd. Related Products/Service Introduction
3.5.4 Mirha Exports Pvt. Ltd. Business Overview/Recent Development/Acquisitions
3.6 Minerva Foods
3.6.1 Brief Introduction of Minerva Foods
3.6.2 Minerva Foods Sales, Growth Rate and Global Market Share from 2018-2023
3.6.3 Minerva Foods Related Products/Service Introduction
3.6.4 Minerva Foods Business Overview/Recent Development/Acquisitions
3.7 Australian Agricultural Company Limited
3.7.1 Brief Introduction of Australian Agricultural Company Limited
3.7.2 Australian Agricultural Company Limited Sales, Growth Rate and Global Market Share from 2018-2023
3.7.3 Australian Agricultural Company Limited Related Products/Service Introduction
3.7.4 Australian Agricultural Company Limited Business Overview/Recent Development/Acquisitions
3.8.1 Brief Introduction of JBS USA
3.8.2 JBS USA Sales, Growth Rate and Global Market Share from 2018-2023
3.8.3 JBS USA Related Products/Service Introduction
3.8.4 JBS USA Business Overview/Recent Development/Acquisitions
3.9 St Helen’s Meat Packers
3.9.1 Brief Introduction of St Helen’s Meat Packers
3.9.2 St Helen’s Meat Packers Sales, Growth Rate and Global Market Share from 2018-2023
3.9.3 St Helen’s Meat Packers Related Products/Service Introduction
3.9.4 St Helen’s Meat Packers Business Overview/Recent Development/Acquisitions
3.10 Allanasons Pvt .Ltd.
3.10.1 Brief Introduction of Allanasons Pvt .Ltd.
3.10.2 Allanasons Pvt .Ltd. Sales, Growth Rate and Global Market Share from 2018-2023
3.10.3 Allanasons Pvt .Ltd. Related Products/Service Introduction
3.10.4 Allanasons Pvt .Ltd. Business Overview/Recent Development/Acquisitions
3.11 Kerchin
3.11.1 Brief Introduction of Kerchin
3.11.2 Kerchin Sales, Growth Rate and Global Market Share from 2018-2023
3.11.3 Kerchin Related Products/Service Introduction
3.11.4 Kerchin Business Overview/Recent Development/Acquisitions
3.12 Haoyue Group
3.12.1 Brief Introduction of Haoyue Group
3.12.2 Haoyue Group Sales, Growth Rate and Global Market Share from 2018-2023
3.12.3 Haoyue Group Related Products/Service Introduction
3.12.4 Haoyue Group Business Overview/Recent Development/Acquisitions
3.13 NH Foods Ltd.
3.13.1 Brief Introduction of NH Foods Ltd.
3.13.2 NH Foods Ltd. Sales, Growth Rate and Global Market Share from 2018-2023
3.13.3 NH Foods Ltd. Related Products/Service Introduction
3.13.4 NH Foods Ltd. Business Overview/Recent Development/Acquisitions
3.14 Tyson Foods, Inc.
3.14.1 Brief Introduction of Tyson Foods, Inc.
3.14.2 Tyson Foods, Inc. Sales, Growth Rate and Global Market Share from 2018-2023
3.14.3 Tyson Foods, Inc. Related Products/Service Introduction
3.14.4 Tyson Foods, Inc. Business Overview/Recent Development/Acquisitions
3.15 Cargill
3.15.1 Brief Introduction of Cargill
3.15.2 Cargill Sales, Growth Rate and Global Market Share from 2018-2023
3.15.3 Cargill Related Products/Service Introduction
3.15.4 Cargill Business Overview/Recent Development/Acquisitions
3.16 Al-Hamd Agro Food Products
3.16.1 Brief Introduction of Al-Hamd Agro Food Products
3.16.2 Al-Hamd Agro Food Products Sales, Growth Rate and Global Market Share from 2018-2023
3.16.3 Al-Hamd Agro Food Products Related Products/Service Introduction
3.16.4 Al-Hamd Agro Food Products Business Overview/Recent Development/Acquisitions

4. Global Beef Market Segmented by Type
4.1 Global Beef Sales, Revenue and Growth Rate by Type 2018-2023
4.2 Frozen Beef
4.3 Fresh Beef

5 Global Beef Market Segmented by Downstream Industry
5.1 Global Beef Sales, Revenue and Growth Rate by Downstream Industry 2018-2023
5.2 Foodservice Customers
5.3 Retail and Grocery Store Chains
5.4 Other

6 Beef Industry Chain Analysis
6.1 Value Chain Status
6.2 Upstream Raw Material Analysis
6.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
6.4 Distributors/Traders
6.5 Downstream Major Customer Analysis (by Region)
6.6 Value Chain Under Regional Conflicts

7. The Development and Dynamics of Beef Market
7.1 Driving Factors of the Market
7.2 Factors Challenging the Market
7.3 Opportunities of the Global Beef Market (Regions, Growing/Emerging Downstream Market Analysis)
7.4 Technology Status and Developments in the Beef Market
7.5 Industry News
7.6 Market Investment Scenario Strategic Recommendations
7.7 COVID-19 Impact on Beef Industry
7.7.1 Beef Business Impact Assessment - Covid-19
7.7.2 Supply Chain Challenges
7.7.3 Market Trends and Potential Opportunities of Beef in the COVID-19 Landscape
7.8 Industry SWOT Analysis


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