LONDON--(BUSINESS WIRE)--The grass-fed beef market is expected to grow by USD 14.50 billion, progressing at a CAGR of over 6% during the forecast period.
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The demand for grass-fed beef products is one of the major factors propelling market growth. However, factors such as product recalls will hamper the market growth.
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Grass-fed Beef Market: Product Landscape
There is a high demand for fresh grass-fed beef as it is healthier than processed grass-fed beef. The awareness of the health benefits of grass-fed beef such as higher content of omega-3 fatty acids linoleic acid and antioxidant vitamins like vitamin E fuel its demand in the US, Australia, and other markets. This consequently adds to the revenue, thus boosting the grass-fed beef market growth. Market growth in this segment will be faster than the growth of the market in the processed grass-fed beef segment.
Grass-fed Beef Market: Geographic Landscape
North America accounted for the largest grass-fed beef market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The awareness of the benefits of grass-fed beef and the constant introduction of new products by companies will significantly influence the growth of grass-fed beef market size. Over 27% of the market’s growth will originate from North America during the forecast period. The US is the crucial market for grass-fed beef in North America. Market growth in this region will be faster than the growth of the market in Europe and South America.
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Companies Covered:
- Conagra Brands Inc.
- Donald Russell Ltd.
- Fanatical Foods Ltd.
- Hormel Foods Corp.
- JBS SA
- Perdue Farms Inc.
- Primal Web Ltd.
- Rain Crow Ranch
- Sysco Corp.
- Verde Farms
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Fresh grass-fed beef - Market size and forecast 2019-2024
- Processed grass-fed beef - Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Conagra Brands, Inc.
- Donald Russell Ltd.
- Fanatical Foods Ltd.
- Hormel Foods Corp.
- JBS SA
- Perdue Farms, Inc.
- Primal Web Ltd.
- Rain Crow Ranch
- Sysco Corp.
- Verde Farms
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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