Overview
Organic beef is usually grass-fed, which is better for the environment than regular cattle feeding on synthetic feeds. Organic beef is grown using natural methods and no antibiotics are used in the livestock's diet. The cattle are not fed synthetic feeds; they get all their nutrition from the grass on the land. Organic beef farming helps restore the natural balance in the soil where grazing occurs. It is also better for the animals because hormones and pesticides do not affect them in any way. The global organic beef market focuses on six regions namely North America, Europe, Asia Pacific, Middle East, and Africa.
Market Drivers
Increasing consumption of meat and related products is expected to drive growth of the global organic beef market during the forecast period. According to the Organisation for Economic Co-operation and Development (OECD), meat consumption in the U.S. reached 50.1 kilograms/capita in 2019, increasing from 25.3 kilograms/capita in 2016. As a matter of fact similar trend has been observed in other countries including Argentina, Israel, Brazil, etc. With rising meat consumption, consumers are gradually preferring organic meat and related products. Thus, these factors are expected to drive growth of the global organic beef market during the forecast period. Furthermore, rising consumer awareness regarding the benefits of organic food products is expected to boost the global organic beef market growth over the forecast period.
Market Restraints
Rising cost of meat and increasing consumer preference for a vegan diet are expected to hinder the global organic beef market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global organic beef market during the forecast period. This is owing to rising meat consumption and increasing preference for healthy foods. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, increasing consumption of organic meat products in the region.
Competitive Section
Key companies operating in the global organic beef market are JBS Global, Arcadian Organic & Natural Meat CO Pty Ltd., Danish Crown, Blackwood Valley Beef, Tyson Foods Inc., Verde Farms, LLC, Meyer Natural Foods, Eversfield Organic Ltd., Perdue Farms, Australian Organic Meats Group Pty Ltd., and OBE Organic.
For instance, in May 2019, Perdue Premium Meats Co. Inc., a subsidiary of Perdue Farms, acquired Panorama Meats, a producer of 100% grass-fed and grass-finished certified organic beef.
In the world economic growth, the Organic Beef industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Organic Beef market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Organic Beef market size will be further expanded, we expect that by 2024, The market size of the Organic Beef will reach XXX million $.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
JBS Global
Danish Crown
Tyson Foods Inc.
Meyer Natural Foods
Perdue Farms
OBE Organic
Australian Organic Meats Group Pty Ltd.
Eversfield Organic Ltd.
Verde Farms, LLC
Blackwood Valley Beef
Arcadian Organic & Natural Meat CO Pty Ltd.
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Fresh Meat
Processed Meat
Industry Segmentation
Direct Sales
Indirect Sales
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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