Beef Market Is Likely to Experience a Tremendous Growth by 2031

Global beef market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). The increasing demand for beef, particularly in emerging economies with expanding middle-class populations has created demand for proper supply chain of beef. Therefore, key players operating in the global beef market are adopting advanced platforms to increase transperancy in the beef supply chain. For instance, in January 2024, Vytelleannounced an exciting partnership with Blocktrust Network, an innovative platform focused on improving transparency and efficiency in the beef supply chain. This pioneering collaboration marks the first of its kind and brings together Vytelle's expertise in curating the world's largest feed efficiency database with Blocktrust Network's API-driven approach. Together, the entities aim to target the feeder cattle market and leverage their unique strengths to drive advancements in the industry.

Further, in April 2021, Tyson Foods made a strategic investment in a cattle traceability program to safeguard its production operations against disease outbreaks. This proactive measure underscores the company's commitment to maintaining the integrity and safety of its supply chain, thereby ensuring the continued delivery of high-quality products to consumers.

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Market Coverage

• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Cut Type
• By Distribution Channel

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape- includes The Kroger Co., Marfrig Global Foods S.A., w, Sysco Corp., JBS S.A. and others.

Beef Market Report Segment

By Cut Type

• Ground
• Roasts
• Steaks

By Distribution Channel

• Retail Sales
• HoReCa
• Butcher Shop

A full Report of Beef Market is Available @  https://www.omrglobal.com/industry-reports/beef-market

Beef Market Report Segment by Region

North America                                                                                                           

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America
• Middle East and Africa 

Company Profiles

• Agri Beef Co. 
• American Foods Group, LLC
• AUSTRALIAN AGRICULTURAL CO. Ltd.
• BRF
• Cargill, Incorporated
• Central Valley Meat
• Danish Crown 
• JBS S.A. 
• Miratorg Agribusiness Holding (Miratorg)
• National Beef Packing Co., LLC 
• NH Foods Ltd.
• Perdue Farms Inc. 
• Smithfield Foods Inc.
• Strauss Brands LLC 
• Sysco Corp.
• Tyson Foods, Inc.
• Vion Food Group (Vion N.V.)

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Article source: https://article-realm.com/article/Food-Beverage/63228-Beef-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html