About Grass-finished Beef
Beef from cattle that have been fed solely grasses instead of being finished in a feedlot is known as grass-fed beef. Depending on the production processes, grass-fed beef might be labelled as organic or natural beef. Mainly Antibiotics and hormones are not given to grass-fed beef. Beta carotene (Vitamin A), conjugated linoleic acid (CLA), and Omega-3 fatty acids have been shown to be greater in grass-fed animal products, which some producers believe are essential in lowering cholesterol, diabetes, cancer, high blood pressure, and other life-threatening illnesses. Beef producers have been progressively marketing a wide range of beef products, allowing customers to choose from a number of beef options. Beef producers, on the other hand, primarily offer four varieties of cattle: conventional, natural, certified organic, and grass-fed beef.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Grass-finished 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.
Australian Agricultural Company Limited (Australia), Conagra Brands, Inc. (United States), Perdue Farms, Inc. (United States), Hormel Foods Corporation (United States), Pre Brands LLC (United States), JBS S.A. (Brazil), Teys Australia Pty Ltd (Australia), The Asian New Zealand Meat Company (ANZCO) (New Zealand), Verde Farms (United States) and Meyer Natural Food (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 Raise American (United States), Gemstone Grass Fed Beef (Canada), Agridime (United States) and Prosper Meats LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Grass-finished Beef market by Type (Imported, Low Integrity Domestic and High Integrity Domestic) and Region.
On the basis of geography, the market of Grass-finished 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). If we see Market by End Use, the sub-segment i.e. Commercial will boost the Grass-finished Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Multiband Stores will boost the Grass-finished Beef market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Emphasis on Organic Meat Products
Market Growth Drivers:
Rising Healthcare Awareness and Increasing Number of Certified Meat Farms
Challenges:
Quality Concerns and High Maintenance Costs
Restraints:
Presence of Counterfeit Products and Raw Material Price Fluctuation
Opportunities:
Growth Across Hoteling Industry
Market Leaders and their expansionary development strategies
In May, 2019 - Perdue Farms Acquired Panorama Meats (Leading Grass-Fed Beef Brand). Panorama Meats will Join Perdue's Increasing Collection of Premium, Sustainable Meat Options, Which Already Includes Niman Ranch, Coleman Natural, And Prairie Grove. The Deal also Strengthens Predue Frams’ Market Presence.
In June, 2021 - Raise American Launched 100% Organic, Grass-Fed, Organic Beef and Flexitarian Product Line. The New Offering Includes Fresh Steaks, Grinds, Meatballs, Blended Patties, Seasoned and Precooked Entrées, Sausages, Cooking Ingredients, and More, Crafted from Cattle Raised by Small, Independent Farmers.
Key Target Audience
Grass-finished Beef Distributors and Suppliers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations 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.