According to Future Market Insights, the global Organic Beef Market is expected to grow at a CAGR of 6.8% during the projected period. The market value is projected to increase to USD 22.89 billion by 2033.
Attribute | Details |
---|---|
Market Size Value in 2023 | USD 11.85 billion |
Market Forecast Value in 2033 | USD 22.89 billion |
Global Growth Rate (2023 to 2033) | 6.8% CAGR |
Forecast Period | 2023 to 2033 |
Market Share of North America | 35% |
A global study on the organic beef market explains that convenience food sales have increased due to changing consumer habits and an increase in the working population. To expand their customer base, organic beef producers aim to offer more ready-to-eat goods.
To broaden their product portfolios, several significant participants in the organic beef industry are supplying processed items such as ground beef, burger, chucks, and steak meat. These fuels the overall sales of organic beef globally.
To meet the growing demand from consumers, producers of organic beef products are also expanding their presence on e-commerce websites. The market for organic beef is growing thanks to the simple availability of these products through online retail, pushing the demand for organic beef.
Following this trend, TESCO, a well-known retail chain in the UK, now sells organic beef in various processed forms under its brand. The region's organic wave is expected to increase demand for organic beef products during the projection period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The research report on the organic beef market suggests that North America is a key market for Organic Beef, and FMI projects that it will rise rapidly over the projection period. The United States has strict rules to ensure that the beef the consumers are getting is of the highest quality and standards.
The 2002 implementation of the USDA's national organic standards govern the production of organic beef. According to these requirements, livestock that has been raised organically must be kept apart from livestock that has been raised conventionally.
Sub-therapeutic antibiotics and hormones that promote growth are not permitted. Cattle can get nutritional vitamin and mineral supplements and preventive medical care (such as vaccinations). This expands the demand for organic beef in new regions.
Organic beef demand analysis explains that China's demand for organic beef is at an all-time high, and local businesses are vying for customers who are still concerned about food safety.
The rapid development of middle-class consumers, better disposable income, and improved living standards in China have all contributed to the country's sharp rise in meat consumption in recent years. As consumers look for options with more protein and less fat for a healthy diet and lifestyle, beef is growing in popularity.
Due to China's rising demand for beef and the country's poor domestic production growth, prices for beef have increased dramatically, and the import of beef has increased significantly. About 20 nations, including Ireland, France, the United States, and the UK, have received market access from China for beef export in the past two to three years.
Germany's meat consumption is declining except for organic meat like organic beef. High-quality meat consumption has shifted from eating out to eating at home due to prolonged lockdowns lasting for months while restaurants remained closed.
The organic beef market outlook shows that animal welfare remains a hot topic.
Related labeling and improvement programs are gaining steam. Still, the Government is also considering placing a higher VAT or fee on animal products to fund the expansion of animal production reforms to raise standards for the entire industry without jeopardizing competitiveness, fuelling the demand for organic beef.
Many businesses focus on organic growth techniques, including product launches, approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were examples of inorganic growth tactics observed in the market.
These actions have allowed market participants to increase their clientele and business. With the growing demand for organic beef meat on the worldwide market, market players from the organic beef meat market are projected to enjoy attractive growth prospects in the future.
Recent Developments in the Market
There are a lot of benefits of grass-fed beef for athletes. Grass-fed beef offers a quality source of protein, iron, vitamins, and minerals and is a better source of healthy and leaner fats. This contains plenty of conjugated linoleic acid (CLA), with benefits such as better athletic performance, weight loss, and lean muscle gains.
However, humans can't produce their own CLA. It must come from what we consume. CLA is a highly-regarded performance supplement in the weight loss and fitness world.
The organic market everywhere is trending the most as people prefer organic meat over processed meat. This pushes the sales of organic beef. Athletes are now also choosing organic beef over any other non-organic source of protein.
This trend is followed by the healthy diet activists that are pushing consumers to go for the healthy meat option with less or no preservatives.
Red meat consumption has increased during the course of the last forecast period, involving the demand for organic beef. This is due to the new cuisines, the internet, online food delivery, and food vlogging. Social media has started influencing the food habits of people.
Whether it pushes users toward healthy food habits or reflects the extra fatty, delicious dishes. Raanchh owners have finally started promoting their brand as organic and naturally fed cattle, which helps them sell the meat for higher prices, fuelling the demand for organic beef.
Emerging economies such as India have started exporting good quality organic beef, allowing retailers and manufacturers to look towards the country.
The increased number of ranch owners integrated with the organic beef retail platforms that fulfill the supply chains in order to lead in the market space is also expanding the organic beef market size. This involves the compliance and survey departments of the region to keep a check on the organic element and its high percentage of organic beef.
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD billion for Value |
Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; Middle East & Africa (MEA) |
Key Countries Covered | The United States, Canada, Mexico, Germany, The UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered | Product Type, Method, Technique, Distribution channel, Region |
Key Companies Profiled | Australian Organic Meats Group Pty Ltd; River Ford Organic Farmers; Danish Crown; Blackwood Valley Beef; JBS Global; Eversfield Organic Ltd; Neat Meat Company; Swillington Organic Farm Arcadian Organic Meat Co.; Organic Prairie; Tyson Foods Inc.; Verde Farms; OBE Organic; Perdue Farms |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
This market is estimated to reach USD 22.89 billion by 2033.
North America dominates the organic beef market.
North America attains a market share of 35% in 2023.
Health benefits for athletes and bodybuilders fuel the market growth.
Companies promoting organic beef advantages drive upward sales trends.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Processed Meat 5.2. Fresh Meat 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 6.1. Direct Sales 6.2. Indirect Sales 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Australian Organic Meats Group Pty Ltd 17.2. River ford organic farmers 17.3. Danish Crown 17.4. Blackwood Valley Beef 17.5. JBS Global 17.6. Eversfield Organic Ltd 17.7. Neat Meat company 17.8. Swillington Organic Farm Arcadian Organic Meat Co. 17.9. Organic Prairie 17.10. Tyson Foods Inc. 17.11. Verde Farms 17.12. OBE Organic 17.13. Perdue Farms 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Food and Beverage Insights
View Reports