Processed Beef Market Forecasts: CAGR of ~9% to 2029 - PowerPoint PPT Presentation

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Processed Beef Market Forecasts: CAGR of ~9% to 2029


Some of the major participants in the global processed beef market that are analyzed in this report include, but are not limited to, SYSCO Corp, JBS SA, Smithfield Foods Inc., Hormel Food, BRF SA, Harim Co. Ltd., WH Group, Tyson Foods Inc., Cargill Meat Solution Corp., and Danish Crown A/S. – PowerPoint PPT presentation

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Title: Processed Beef Market Forecasts: CAGR of ~9% to 2029

Processed Beef Market
  • February 2020

Report Id REP-GB-11028 Published On Feb
07,2020 Category Food and Beverages
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Processed Beef Market Analysis
  • The global processed beef market is projected to
    reach a valuation of US 227 Bn in 2029, with an
    impressive rate of growth during 2019 2029.
    According to a new study by Future Market
    Insights (FMI), the market for processed beef is
    predominantly driven by hectic consumer
    lifestyles, and rising consumption of
    ready-to-eat products by the millennial
  • High quality and better shelf-life of processed
    beef drives its demand. Besides convenience
    preparation and consumption, changing breakfast
    habits have enabled the market growth, says the
    FMI report.
  • Key Research Findings of FMIs Processed Beef
    Market Study
  • Households account for a major market share.
  • Tech innovations in processed beef operations
    marks an important trend, eventually leading to
    better quality.
  • North America will remain the leading regional
    market for processed beef.
  • Economies in Asia Pacific will display a higher
    rate of growth.
  • Expanding health-conscious consumer population is
    heavily contributing towards the growth of
    organic category.

Processed Beef Market Analysis
  • Key Growth Drivers Processed Beef Market
  • Rapid development of global cold chain
    infrastructure is driving up demand of fresh,
    chilled, and frozen processed foods, including
    processed beef.
  • Benefits in terms of convenience, quality, and
    shelf-life continue to fuel demand for frozen
    processed beef products.
  • Increasing awareness about associated health
    benefits continues to be a major growth driver
    for market.
  • Key Impediments Processed Beef Market
  • Low growth rates of beef animals and inconsistent
    meat quality are the prominent challenges facing
    livestock farmers.
  • Lack of proper supply chain infrastructure and
    poor animal health control continue to result in
    a measurable loss.
  • Price fluctuations, lack of enforcement for meat
    grading systems, and inadequate technical
    knowledge remain major roadblocks to production.

Processed Beef Market Analysis
Competition Structure Analysis Processed Beef
Market Competition landscape of the global
processed beef market will primarily remain
influenced by the rising number of acquisitions
of smaller regional businesses. Leading market
players are adopting acquisition strategies in a
bid to strengthen geographical presence and boost
product portfolios. Major players and new
entrants in the industry are anticipated to
increase their efforts to penetrate fast
developing economies such as China and India in
the near future. Some of the major participants
in the global processed beef market that are
analyzed in this report include, but are not
limited to, SYSCO Corp, JBS SA, Smithfield Foods
Inc., Hormel Food, BRF SA, Harim Co. Ltd., WH
Group, Tyson Foods Inc., Cargill Meat Solution
Corp., and Danish Crown A/S. Press Release
Source  https//
Processed Beef Market Analysis
  • Explore Future Market Insights comprehensive
    coverage on,
  • Dairy Alternatives Market
  • Fortified Yeast Market
  • Yeast Extract Market
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Processed Beef Market Analysis
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