Market Size:
In 2024, the global beef market was valued at USD 459.87 billion. It is expected to grow to USD 484.75 billion in 2025 and reach USD 656.44 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.43% over the forecast period. North America led the market in 2024, accounting for 39.08% of the total market share.
Fortune Business Insights™ reports that the growing consumer preference for animal-based protein products is expected to drive market growth from 2025 to 2032.
List of Key Market Players:
Segmentation-
The beef market is categorized by cut type, including ground beef, roasts, steaks, and other varieties. It is also segmented by distribution channels, such as retail sales, HoReCa (hotels, restaurants, and cafes), and butcher shops. Geographically, the market is divided into key regions: Asia Pacific, North America, Europe, and the Middle East & Africa.
Report Coverage-
The report offers a detailed look at the beef market, focusing on major companies, different beef cuts, and distribution channels. It also provides market insights and highlights important industry developments. Additionally, the report covers other factors that have contributed to the market's growth in recent years.
Source: https://www.fortunebusinessinsights.com/beef-market-106640
Drivers & Restraints-