This study covers the prediction and analysis for the worldwide and regional markets for organic beef meat. The research study provides a comprehensive overview of the market, opportunities, new trends, competition, and market data that have been independently verified by the industry. The report presents important data from 2019 to 2021 and a projection based on revenue (USD Million) and volume for the years 2022 to 2028. (Metric Tons).
The market for organic beef meat offers a wide range of prospects and is anticipated to expand significantly over the course of the forecast period. Because organic beef meat is free of chemicals and growth hormones, it provides the best nutrition and is more popular than conventional beef. Over the course of the forecast period, rising consumer preference for organic food products and the straightforward accessibility of organic beef through retail chains are anticipated to accelerate the expansion of the global organic beef meat market. Contrarily, higher prices for organic beef meat compared to processed meat could impede market expansion over the foreseeable future. Additionally, as consumer preferences evolve toward veganism, it may become more difficult to meet the demand for organic beef meat on a global scale.
The fresh meat and processed meat segments of the worldwide organic beef meat market have been established according to type. Further divisions of the processed meat industry include ground beef, steak beef, chucks, patties, and others. In 2020, ground beef held the greatest market share, and it is projected that it will continue to rise rapidly over the coming years. A form of beef that has been finely chopped using a knife or a meat grinder is called ground beef. This market segment is anticipated to experience considerable demand over the forecast years due to the benefit of less time spent in preparation for processed meat.
Based on the sales channel, the market for organic beef meat is divided into direct sales and indirect sales. The indirect sales section has also been broken down into independent shops, modern trade, convenience stores, online retailers, and others. Over the projection period, it is anticipated that consumer demand for organic food items would increase dramatically as economies worldwide, particularly in developing nations, continue to grow.
The global organic beef meat market has been divided into five regions based on geography: North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa. In terms of revenue, North America held the highest market share in 2020. One of the biggest beef producers worldwide is the United States. Comparing organic beef to turkey, chicken, hog, and lamb, it has a greater protein content. Because there are many health-conscious people in the area, the regional market is anticipated to increase significantly throughout the projected period. Over the anticipated years, Asia-Pacific, lead by nations like China, Australia, Japan, and Pakistan, is anticipated to have rapid growth in terms of income.
The global organic beef meat market is highly competitive due to the presence of a large number of key players. In addition to this, rising demand at regional and global levels is prompting the market players to increase their production capacity. The key players mentioned are Blackwood Valley Beef, JBS Global, Danish Crown, Meyer Natural Foods, Perdue Farms, OBE Organic, Tyson Foods Inc., Australian Organic Meats Group Pvt. Ltd., Arcadian Organic & Natural Meat Co. Pvt. Ltd. Eversfield Organic Ltd., Verde Farms, LLC. The foremost strategies implemented by these leading companies in the market are recent developments, mergers & acquisitions, new product launches, and collaborations. These companies are focusing more on investment in expansions, innovations, and partnerships to increase their market share.
Organic Beef Meat Market : Regional Segment Analysis
Middle East and Africa
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