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Global Beef Market, Size, Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis

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    Report

  • 320 Pages
  • February 2023
  • Region: Global
  • Renub Research
  • ID: 5740671

The Global Beef Industry was valued at US$ 332.28 Billion in 2022

Global Beef Market is expected to reach US$ 421.61 Billion in 2028 at a compound annual growth rate (CAGR) of 4.05% from 2022 to 2028. Beef is a popular meat in many cultures, and as people travel and are exposed to different cuisines, they may develop a taste for beef. The global beef meat industry is a large and complex sector that involves producing, processing, and distributing beef products. It significantly contributes to the world's food supply and employs millions globally. The demand for beef has been increasing globally, driven by rising populations and income levels, particularly in developing countries.

However, the industry is also faced with challenges, such as concerns over animal welfare, environmental impact, and health risks. Also Trade disputes, food safety regulations, and supply chain disruptions can significantly impact the industry. The beef industry invests in marketing and advertising to promote beef consumption. Global Beef Industry was valued at US$ 332.28 Billion in 2022.

USA was the Largest Consumer of Beef Worldwide

The Beef sector is a significant contributor to the global food industry and is driven by a growing demand for beef products, particularly in developing countries where populations and income levels are rising. The United States was historically one of the largest consumers of beef meat globally. Americans have a long history of consuming beef, and it remains a staple of the country's diet. The United States was the largest beef consumer in the world, followed by Brazil, China, the European Union, India, Argentina, Mexico, Russia, Japan, the United Kingdom, Canada, and Others.

Brazil and the United States Beef Industry will Increase in Upcoming Years

Beef production is a major part of the global agriculture industry and occurs in many countries worldwide. Some of the largest beef-producing countries include the United States. It is the largest beef producer in the world. East Asia is the most important regional market for U.S. beef exports. Brazil is the second largest producer, with a significant portion of its production dedicated to export markets. China is a large and growing producer, with a rapidly expanding middle-class driving increased demand for beef.

India is the largest producer of buffalo meat, an essential beef source in many countries. Australia, Argentina, is a significant producer and exporter of beef, known for its high-quality grass-fed products. Other major beef-producing countries include Mexico, Canada, Russia, South Africa, and the European Union. The same production levels can vary from year to year due to factors such as weather conditions, disease outbreaks, and government policies.

China was the Largest Importer of Beef in the World

Beef is a highly traded commodity, and many countries import significant amounts of beef to meet the demands of their populations. The factors influencing the beef import market include a supply of beef from exporting countries and the need for beef in importing countries are important drivers of the beef import market. Beef imports are forecast to increase for the most prominent importers: China/Hong Kong (HK), the U.S., Japan, and South Korea.

China/H.K. continues to grow as the largest beef importer in the world. United States is also one of the largest beef-importing countries. Beef imports into Japan have remained largely stable in recent years, but they were down somewhat from a record in 2019. In recent years, South Korea has become another large beef importer. For 2023, the largest importers, including China/H.K., the U.S., Japan, and South Korea, are forecast to gain beef imports. Other significant beef-importing countries include Chile, the U.K., E.U., Egypt, the Philippines, and Malaysia.

United States was the World's biggest Beef Exporter

Global beef exports have seen significant growth in recent years, with major exporting countries including Brazil, Australia, and the United States. These countries export a range of beef products, including fresh and frozen cuts and processed beef products. Some of the largest importers of beef are countries in the Asian region, such as China, Japan, and South Korea, as well as countries in the Middle East and Europe. The demand for beef has increased due to population growth and rising incomes, leading to increased imports and exports of beef products worldwide.

The rise in global beef exports can be attributed to several factors, including increasing demand, improved production methods, and advancements in transportation and logistics. Growing populations, particularly in developing countries, and rising incomes have increased the demand for beef and other protein-rich food products. Additionally, improvements in breeding and feeding techniques have resulted in a more efficient and cost-effective beef production system, making it possible to meet growing demand. The development of new trade agreements and the liberalization of international trade have also played a role in the rise of beef exports.

Key Players

The market is characterized by various global players such as Tyson Foods, Inc.; Danish Crown; Cargill Incorporated; Marfrig Global Foods S.A.; N.H. Foods Ltd.; Minerva Foods; St. Helen's Meat Packers; Hormel Foods Corporation; JBS USA; National Beef Packing Company, LLC; Vion Food Group; Australian Agricultural Company Limited.

JBS, a global pioneer in protein-based food, will present at Gulfood 2022, the world's largest annual food and beverage trade fair, in February 2022. (United Arab Emirates). Friboi, JBS's best-selling Brazilian beef brand, provided participants with a premium experience with the Black Friboi and 1953 ranges. Only 1% of the cattle satisfy the selection requirements for Black Friboi, the brand's most premium halal portfolio developed from the best genetic Black Angus in the USA: only 1% of the animals match the selection criteria.

The report titled “Global Beef Market, Forecast By Producing Country (United States, Brazil, European Union, China, India, Argentina, Australia, Mexico, Canada, Russia, South Africa, Others), Consuming Country (United States, Brazil, China, European Union, India, Argentina, Mexico, Russia, Japan, United Kingdom, Canada, Others), Importing Country (China, United States, Japan , Hong Kong, South Korea, United Kingdom, European Union, Chile, Egypt, Malaysia, Philippines, Others), Exporting Country (Brazil, United States, Australia, India, European Union, New Zealand, Argentina, Canada, Uruguay, Paraguay, Mexico, Others), Company Analysis (JBS S.A, Tyson Foods, Pilgrim's Pride Corporation, Danish Crown Group, Vion Food Group, WH Group, Hormel Foods Corporation, and Muyuan Foods)'. This report provides an all-encompassing analysis of the key growth drivers and restraining factors, demand, and their projections for the upcoming years.

Consuming Countries - Global Beef Meat Market and Volume

1. United States
2. Brazil
3. China
4. European Union
5. India
6. Argentina
7. Mexico
8. Russia
9. Japan
10. United Kingdom
11. Canada
12. Others

Producing Countries - Global Beef Volume

1. United States
2. Brazil
3. European Union
4. China
5. India
6. Argentina
7. Australia
8. Mexico
9. Canada
10. Russia
11. South Africa
12. Others

Importing Countries - Global Beef Volume

1. China
2. United States
3. Japan
4. Hong Kong
5. South Korea
6. United Kingdom
7. European Union
8. Chile
9. Egypt
10. Malaysia
11. Philippines
12. Others

Exporting Countries - Global Beef Volume

1. Brazil
2. United States
3. Australia
4. India
5. European Union
6. New Zealand
7. Argentina
8. Canada
9. Uruguay
10. Paraguay
11. Mexico
12. Others

Company Insights:

  • Overview
  • Recent development
  • Sales Analysis

Key Payers Analysis:

1. JBS S.A
2. Tyson Foods
3. Pilgrim's Pride Corporation
4. Danish Crown Group
5. Vion Food Group
6. WH Group
7. Hormel Foods Corporation
8. Muyuan Foods
Frequently Asked Questions about the Global Beef Market

What is the estimated value of the Global Beef Market?

The Global Beef Market was estimated to be valued at $332.29 Billion in 2022.

What is the growth rate of the Global Beef Market?

The growth rate of the Global Beef Market is 4.0%, with an estimated value of $421.61 Billion by 2028.

What is the forecasted size of the Global Beef Market?

The Global Beef Market is estimated to be worth $421.61 Billion by 2028.

Who are the key companies in the Global Beef Market?

Key companies in the Global Beef Market include JBS S.A, Tyson Foods, Pilgrim's Pride Corporation, Danish Crown Group, Vion Food Group, WH Group, Hormel Foods Corporation and Muyuan Foods.

Table of Contents

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Global Beef Market

6. Market share - Global Beef Market

7. Volume Share- Global Beef Meat
7.1 Consuming Countries
7.2 Producing Countries
7.3 Importing Countries
7.4 Exporting Countries

8. Global Top 12 Countries - Global Beef Market and Volume
8.1 United States
8.1.1 Market
8.1.2 Volume
8.2 Brazil
8.2.1 Market
8.2.2 Volume
8.3 China
8.3.1 Market
8.3.2 Volume
8.4 European Union
8.4.1 Market
8.4.2 Volume
8.5 India
8.5.1 Market
8.5.2 Volume
8.6 Argentina
8.6.1 Market
8.6.2 Volume
8.7 Mexico
8.7.1 Market
8.7.2 Volume
8.8 Russia
8.8.1 Market
8.8.2 Volume
8.9 Japan
8.9.1 Market
8.9.2 Volume
8.10 United Kingdom
8.10.1 Market
8.10.2 Volume
8.11 Canada
8.11.1 Market
8.11.2 Volume
8.12 Others
8.12.1 Market
8.12.2 Volume

9. Producing Countries - Global Beef Volume
9.1 United States
9.2 Brazil
9.3 European Union
9.4 China
9.5 India
9.6 Argentina
9.7 Australia
9.8 Mexico
9.9 Canada
9.10 Russia
9.11 South Africa
9.12 Others

10. Importing Countries - Global Beef Volume
10.1 China
10.2 United States
10.3 Japan
10.4 Hong Kong
10.5 South Korea
10.6 United Kingdom
10.7 European Union
10.8 Chile
10.9 Egypt
10.10 Malaysia
10.11 Philippines
10.12 Others

11. Exporting Countries - Global Beef Volume
11.1 Brazil
11.2 United States
11.3 Australia
11.4 India
11.5 European Union
11.6 New Zealand
11.7 Argentina
11.8 Canada
11.9 Uruguay
11.10 Paraguay
11.11 Mexico
11.12 Others

12. Porters Five Forces Analysis
12.1 Bargaining Power of Buyers
12.2 Bargaining Power of Suppliers
12.3 Degree of Competition
12.4 Threat of New Entrants
12.5 Threat of Substitutes

13. Key Players Analysis
13.1 JBS S.A
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Financial Insight
13.2 Tyson Foods
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Financial Insight
13.3 Pilgrim's pride corporation
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Financial Insight
13.4 Danish Crown Group
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Financial Insight
13.5 Vion Food Group
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Financial Insight
13.6 WH Group
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Financial Insight
13.7 Hormel Foods Corporation
13.7.1 Overview
13.7.2 Recent Development
13.7.3 Financial Insight
13.8 Muyuan Foods
13.8.1 Overview
13.8.2 Recent Development
13.8.3 Financial Insight

List of Figures:
Figure 01: Global - Beef Market (Billion US$), 2018 - 2022
Figure 02: Global - Forecast for Beef Market (Billion US$), 2023 - 2028
Figure 03: United States - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 04: United States - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 05: United States - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 06: United States - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 07: Brazil - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 08: Brazil - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 09: Brazil - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 10: Brazil - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 11: China - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 12: China - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 13: China - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 14: China - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 15: European Union - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 16: European Union - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 17: European Union - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 18: European Union - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 19: India - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 20: India - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 21: India - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 22: India - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 23: Argentina - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 24: Argentina - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 25: Argentina - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 26: Argentina - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 27: Mexico - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 28: Mexico - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 29: Mexico - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 30: Mexico - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 31: Russia - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 32: Russia - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 33: Russia - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 34: Russia - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 35: Japan - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 36: Japan - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 37: Japan - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 38: Japan - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 39: United Kingdom - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 40: United Kingdom - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 41: United Kingdom - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 42: United Kingdom - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 43: Canada - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 44: Canada - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 45: Canada - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 46: Canada - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 47: Others - Beef Consumption Market (Billion US$), 2018 - 2022
Figure 48: Others - Forecast for Beef Consumption Market (Billion US$), 2023 - 2028
Figure 49: Others - Beef Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 50: Others - Forecast for Beef Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 51: United States - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 52: United States - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 53: China - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 54: China - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 55: Brazil - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 56: Brazil - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 57: European Union - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 58: European Union - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 59: India - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 60: India - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 61: Argentina - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 62: Argentina - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 63: Australia - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 64: Australia - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 65: Mexico - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 66: Mexico - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 67: Canada - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 68: Canada - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 69: Russia - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 70: Russia - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 71: Japan - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 72: Japan - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 73: Others - Beef Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 74: Others - Forecast for Beef Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 75: China - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 76: China - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 77: United States - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 78: United States - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 79: Japan - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 80: Japan - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 81: Hong Kong - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 82: Hong Kong - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 83: South Korea - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 84: South Korea - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 85: United Kingdom - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 86: United Kingdom - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 87: European Union - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 88: European Union - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 89: Chile - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 90: Chile - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 91: Egypt - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 92: Egypt - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 93: Malaysia - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 94: Malaysia - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 95: Philippines - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 96: Philippines - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 97: Others - Beef Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 98: Others - Forecast for Beef Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 99: Brazil - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 100: Brazil - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 101: United States - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 102: United States - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 103: Australia - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 104: Australia - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 105: India - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 106: India - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 107: European Union - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 108: European Union - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 109: New Zealand - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 110: New Zealand - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 111: Argentina - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 112: Argentina - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 113: Canada - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 114: Canada - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 115: Uruguay - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 116: Uruguay - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 117: Paraguay - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 118: Paraguay - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 119: Mexico - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 120: Mexico - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 121: Others - Beef Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 122: Others - Forecast for Beef Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 123: JBS S.A - Global Revenue (Billion US$), 2018 - 2022
Figure 124: JBS S.A - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 125: Tyson Foods - Global Revenue (Billion US$), 2018 - 2022
Figure 126: Tyson Foods - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 127: Pilgrim's pride corporation - Global Revenue (Billion US$), 2018 - 2022
Figure 128: Pilgrim's pride corporation - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 129: Danish crown group - Global Revenue (Billion US$), 2018 - 2022
Figure 130: Danish crown group - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 131: Vion Food Group - Global Revenue (Billion US$), 2018 - 2022
Figure 132: Vion Food Group - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 133: WH group - Global Revenue (Billion US$), 2018 - 2022
Figure 134: WH group - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 135: HORMEL FOODS CORPORATION. - Global Revenue (Billion US$), 2018 - 2022
Figure 136: HORMEL FOODS CORPORATION. - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 137: Muyuan foods - Global Revenue (Billion US$), 2018 - 2022
Figure 138: Muyuan foods - Forecast for Global Revenue (Billion US$), 2023 - 2028

List of Tables:
Table 01: Global - Beef Consumption Market Share by Countries (Percent), 2018 - 2022
Table 02: Global - Forecast for Beef Consumption Market Share by Countries (Percent), 2023 - 2028
Table 03: Global - Beef Consumption Volume Share by Countries (Percent), 2018 - 2022
Table 04: Global - Forecast for Beef Consumption Volume Share by Countries (Percent), 2023 - 2028
Table 05: Global - Beef Production Volume Share by Countries (Percent), 2018 - 2022
Table 06: Global - Forecast for Beef Production Volume Share by Countries (Percent), 2023 - 2028
Table 07: Global - Beef Import Volume Share by Countries (Percent), 2018 - 2022
Table 08: Global - Forecast for Beef Import Volume Share by Countries (Percent), 2023 - 2028
Table 09: Global - Beef Export Volume Share by Countries (Percent), 2018 - 2022
Table 10: Global - Forecast for Beef Export Volume Share by Countries (Percent), 2023 - 2028

Companies Mentioned

  • JBS S.A
  • Tyson Foods
  • Pilgrim's Pride Corporation
  • Danish Crown Group
  • Vion Food Group
  • WH Group
  • Hormel Foods Corporation
  • Muyuan Foods

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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