Global Beef Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Cut;

Brisket, Shank, Loin and Others.

By Slaughter Method;

Halal, Kosher and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn080947679 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Beef Market (USD Million), 2021 - 2031

In the year 2024, the Global Beef Market was valued at USD 201,390.75 million. The size of this market is expected to increase to USD 252,779.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.

The global beef market represents a critical segment within the broader livestock and meat industry, characterized by its widespread consumption across various cultures and cuisines worldwide. Beef, derived primarily from cattle, is a significant source of protein and essential nutrients for millions of people globally. The market's dynamics are influenced by factors such as consumer preferences, economic conditions, dietary trends, and agricultural practices in major producing and consuming regions.

Key players in the global beef market include leading meat processing companies, agricultural cooperatives, and livestock producers that span continents. North America, South America, Europe, and Asia-Pacific are major regions contributing to both production and consumption, with variations in consumer tastes and preferences driving market segmentation. The market is also shaped by regulatory frameworks concerning animal health, food safety standards, and trade agreements that impact international supply chains and market access. As global populations grow and dietary habits evolve, the beef market continues to adapt, focusing on sustainability, animal welfare, and innovation in production methods to meet the increasing demand for high-quality beef products.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Cut
    2. Market Snapshot, By Slaughter Method
    3. Market Snapshot, By Region
  4. Global Beef Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Consumer Demand and Preferences

        2. Economic Growth and Rising Disposable Incomes

        3. Urbanization and Changing Dietary Patterns

      2. Restraints
        1. Regulatory Challenges and Trade Barriers

        2. Health and Nutritional Concerns

        3. Volatility in Feed Costs

      3. Opportunities
        1. Expansion of Export Markets

        2. Innovation in Sustainable Production Practices

        3. Rising Demand for Premium and Organic Beef

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Beef Market, By Cut, 2021 - 2031 (USD Million)
      1. Brisket
      2. Shank
      3. Loin
    2. Global Beef Market, By Slaughter Method, 2021 - 2031 (USD Million)
      1. Halal
      2. Kosher
    3. Global Beef Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. American Foods Group, LLC.
      2. Agri Beef Co.
      3. Perdue Farms Inc.
      4. Tyson Foods, Inc.
      5. Strauss Brands LLC
      6. Cargill, Incorporated
      7. Central Valley Meat
  7. Analyst Views
  8. Future Outlook of the Market