Beef Market

Beef market: read new info secured by an Ai-driven business intelligence tool. Info contain trade, market size, consumption, imports, exports, companies, production, and market prices. Here is a split by country, including the U.S., the Middle East, Russia, EU, Latin America, the U.K., Africa, and China. Market dynamics and outlook to 2030 are also featured in the dashboards.

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Beef - World's Largest Markets

In value terms, the United States, China and Brazil were the countries with the highest levels of market value in 2020, with a combined 47% share of the global market. These countries were followed by Argentina, Mexico, Russia, Pakistan, France, Australia, Canada, Germany and India, which together accounted for a further 20%.

Australia recorded the highest growth rate of market size, among the main consuming countries over the period under review, while beef market for the other global leaders experienced more modest paces of growth.

Beef Prices

Beef - Top Importers

In value terms, the largest beef importing markets worldwide were China ($8.3B), the United States ($6.4B) and Japan ($3.4B), together comprising 37% of global imports.

Among the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Beef - Top Exporters

In value terms, the largest beef supplying countries worldwide were Brazil ($7.5B), Australia ($6.7B) and the United States ($6.6B), with a combined 41% share of global exports.

In terms of the main exporting countries, Brazil saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Beef - Market Forecast

Driven by increasing demand for beef worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Beef - Top Companies

JBS S/A, Tyson Foods, Inc., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Marfrig Global Foods S/A., AUSTRALIAN CONSOLIDATED FOOD INVESTMENTS PTY LIMITED, PRIMO MEATS PTY LTD, IMPOSETE PTY LTD, PRIMO RETAIL PTY LTD

Beef - Product Coverage

• HS 020110 - Meat; of bovine animals, carcasses and half-carcasses, fresh or chilled
• HS 020120 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
• HS 020130 - Meat; of bovine animals, boneless cuts, fresh or chilled
• HS 020210 - Meat; of bovine animals, carcasses and half-carcasses, frozen
• HS 020220 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen
• HS 020230 - Meat; of bovine animals, boneless cuts, frozen

Source: IndexBox Market Intelligence Platform