The global beef market was valued at USD 323.45 billion in the year 2020 and is expected to witness substantial growth during 2021-2026.

Industry Snapshot:

• Rising disposable income is the main factor influencing the overall market growth during the forecast period.
• The growing demand for enhanced living standards has augmented the demand for beef across the globe.
• The expanding population and shifting preferences towards higher-value foods like meat protein is favoring the overall market outlook.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4383299/

Segmental Overview:

By Cut	Loin
	Brisket
	Others
Slaughter Method	Kosher
	Halal
Product Application	Retail and Grocery Stores
	Food Service Customers
	Others
By Regional reach	Americas
	Europe
	Asia Pacific

 

Predictions Corner:

• The other cuts segment of global beef market is expected to witness commendable returns through the forecast timeline, owing to soaring demand for shank, round, ribs, plate, chuck, and flank of beef.
• The grass-fed brisket segment is expected to register notable growth during 2021-2026, due to its lower fat and calorie content than regular beef.
• Americas is estimated to hold the largest market share during the review period, ascribed to surging demand for processed beef.

Explainer – All you need to know

The rising meat consumption is slated to increase the demand for nutrient-rich food products in the forthcoming years which in turn is likely to present multiple investment opportunities for various food companies and meat processors.

Speaking of which, the leading companies in global beef industry are OSI Group, Perdue Farms, Cargill Meat Solution Corporation, Marfrig, Hormel Foods Corporation, Danish Crown AmbA, Minerva S.A., Sysco Corporation, JBS S.A., and Tyson Foods Inc.

Concluding lines:

Market researchers compile a comprehensive assessment of this business space that could offer a broader perspective to investors and stakeholders when making informed decisions. To that effect, MarketStudyReport has a report titled ‘Global Beef Market - Analysis By Cut (Brisket, Loin, Others), Slaughter Method (Kosher, Brisket), Product Application, By Region, By Country (2021 Edition): COVID-19 Implications, Competition and Forecast (2021-2026)’ which emphasizes on the key development trends, upcoming growth opportunities, and obstacles existing in this business vertical.