About Grass fed Beef
Growing Demand for high protein food products will help to boost the global grass-fed beef market in the forecasted period. Grass-fed beef is the cattle were allowed to forage and graze for their own fresh food. For the winter season, they may be given close substitutes like alfalfa. The grass-fed beef is much higher in key nutrients like Omega-3s and B vitamins, and result in steaks that are leaner, healthier, and much more flavorful. Various health benefits of grass-fed beef over conventional beef will be fueling the grass-fed beef market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.35% |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Grass fed Beef market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Conagra Brands (United States), Hormel Foods (United States), JBS (Brazil), Sysco Corporation (United States), Verde Farm (United States), Tallgrass Beef Company, LLC (United States), American Grassfed Beef (United States), OBE Organic (Australia), ButcherBox (United States) and Pre Brands LLC. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SunFed Ranch (United States), Niman Ranch (United States) and Fossil Farms (United States).
Segmentation Overview
AMA Research has segmented the market of Global Grass fed Beef market by Type (Fresh Grass-Fed Beef and Processed Grass-Fed Beef), Application (Food products, Medicinal product and Other) and Region.
On the basis of geography, the market of Grass fed Beef has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online Distribution Channel will boost the Grass fed Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of New Packaging Solutions and Health Benefits Associated With Grass Fed Beef
Market Growth Drivers:
Increasing Demand for High Protein Food Products and The Global Increasing Population That Consumes Non-Vegetarian Foods
Challenges:
Stringent Regulation Regarding Grass Fed Beef
Restraints:
Availability of Substitutes
Opportunities:
Increasing Per Capita Beef Consumption and Imports in Emerging Southeast Asian Economies
Market Leaders and their expansionary development strategies
In May 2019, JBS USA will spend 95 million dollars to expand its Grand Island, NE, beef production facility. In a statement, the company said the project includes new, improved animal handling facilities, a state-of-the-art, temperature-controlled harvest floor and facility reconfiguration designed to improve team member experience, food safety and product quality.
In November 2018, IN A significant milestone for branded beef supply chains, JBS Australia has announced a new pricing incentive for high-performance cattle entering the company’s Great Southern farm-assured grassfed beef brand program.
Key Target Audience
Regulatory Bodies, Environmental Protection Bodies, Local Governments, End Users, Market Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.