Latest Report Update: May 17, 2021

World - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Global Beef Market Overview 2021

Webinar: Global Beef Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global beef market.

Thursday, September 16th, 2021 @ 10:00 am ET

Register Now

Beef Market Size

The global beef market stood at $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Over the period under review, the global market attained the maximum level in 2020 and is expected to retain growth in the near future.

Beef Production

In value terms, beef production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, global production hit record highs in 2020 and is expected to retain growth in the near future.

The countries with the highest volumes of beef production in 2020 were China (X tonnes), the U.S. (X tonnes) and Brazil (X tonnes), with a combined X% share of global production. Argentina, India, Australia, Pakistan, Mexico, Russia, France and Canada lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Pakistan, while beef production for the other global leaders experienced more modest paces of growth.

In 2020, the global average beef yield reached X kg per head, approximately equating the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The global yield peaked in 2020 and is likely to see steady growth in the near future.

The global number of animals slaughtered for beef production amounted to X heads in 2020, almost unchanged from the previous year's figure. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, this number attained the maximum level in 2020 and is expected to retain growth in years to come.

Production By Country

The countries with the highest volumes of beef production in 2020 were China (X tonnes), the U.S. (X tonnes) and Brazil (X tonnes), together accounting for X% of global production. These countries were followed by Argentina, India, Australia, Pakistan, Mexico, Russia, France and Canada, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of beef production, amongst the main producing countries, was attained by Pakistan, while beef production for the other global leaders experienced more modest paces of growth.

Beef Exports

Exports

In 2020, after three years of growth, there was significant decline in overseas shipments of beef (cattle meat), when their volume decreased by -X% to X tonnes. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Global exports peaked at X tonnes in 2019, and then fell in the following year.

In value terms, beef exports declined to $X in 2020. Overall, total exports indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Global exports peaked at $X in 2019, and then fell in the following year.

Exports by Country

In 2020, Brazil (X tonnes), followed by India (X tonnes), the U.S. (X tonnes), Australia (X tonnes), Argentina (X tonnes), New Zealand (X tonnes) and the Netherlands (X tonnes) represented the main exporters of beef (cattle meat), together comprising X% of total exports. The following exporters - Ireland (X tonnes), Canada (X tonnes), Poland (X tonnes), Uruguay (X tonnes), Paraguay (X tonnes) and Mexico (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Mexico, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest beef supplying countries worldwide were Brazil ($X), the U.S. ($X) and Australia ($X), together comprising X% of global exports. India, Argentina, the Netherlands, New Zealand, Canada, Ireland, Uruguay, Poland, Mexico and Paraguay lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average beef export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. Global export price peaked at $X per tonne in 2014; afterwards, it flattened through to 2020.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Beef Imports

Imports

In 2020, after three years of growth, there was decline in supplies from abroad of beef (cattle meat), when their volume decreased by -X% to X tonnes. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, global imports reached the maximum at X tonnes in 2019, and then contracted in the following year.

In value terms, beef imports amounted to $X in 2020. Overall, total imports indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, global imports reached the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, China (X tonnes), distantly followed by the U.S. (X tonnes) and Japan (X tonnes) were the main importers of beef (cattle meat), together committing X% of total imports. The Netherlands (X tonnes), Italy (X tonnes), Hong Kong SAR (X tonnes), Germany (X tonnes), Russia (X tonnes), Chile (X tonnes), South Korea (X tonnes), Egypt (X tonnes), the UK (X tonnes) and France (X tonnes) held a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets worldwide were China ($X), the U.S. ($X) and Japan ($X), together comprising X% of global imports.

In terms of 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.

Import Prices by Country

The average beef import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% y-o-y. Global import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beef (cattle meat) in the world?
+
The countries with the highest volumes of beef consumption in 2020 were China (15M tonnes), the U.S. (13M tonnes) and Brazil (8.9M tonnes), with a combined 46% share of global consumption. These countries were followed by Argentina, Pakistan, Russia, Mexico, Australia, India and France, which together accounted for a further 17%.
What are the largest producers of beef (cattle meat) in the world?
+
The countries with the highest volumes of beef production in 2020 were China (13M tonnes), the U.S. (12M tonnes) and Brazil (10M tonnes), together comprising 45% of global production. These countries were followed by Argentina, India, Australia, Pakistan, Mexico, Russia, France and Canada, which together accounted for a further 21%.
What are the leading exporters of beef (cattle meat) in the world?
+
In value terms, the largest beef supplying countries worldwide were Brazil ($7B), the U.S. ($6.6B) and Australia ($4.9B), together accounting for 39% of global exports. India, Argentina, the Netherlands, New Zealand, Canada, Ireland, Uruguay, Poland, Mexico and Paraguay lagged somewhat behind, together comprising a further 44%.
What are the leading importers of beef (cattle meat) in the world?
+
In value terms, China ($10.2B), the U.S. ($6.4B) and Japan ($3.3B) constituted the countries with the highest levels of imports in 2020, together comprising 41% of global imports.
What is the average export price for beef (cattle meat) in the world?
+
The average beef export price stood at $5,076 per tonne in 2020, rising by 2.3% against the previous year.
What is the average import price for beef (cattle meat) in the world?
+
In 2020, the average beef import price amounted to $5,072 per tonne, growing by 3.7% against the previous year.

Product coverage:
• FCL 947 - Buffalo meat
• FCL 867 - Meat of cattle

This report provides an in-depth analysis of the global beef market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 10:00 am ET


Register

Webinar: Global Soybean Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global soybean market.



Tuesday, September 21st, 2021 @ 10:00 am ET


Register

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data