NEW YORK, March 2, 2023 /PRNewswire/ -- The global grass-fed beef market size is estimated to increase by USD 12.15 billion from 2022 to 2027, accelerating at a CAGR of 6.9%. Several new product launches in the market are driving the demand for the global market in focus during the forecast period. Successful new product launches help players improve their market share, gaining a competitive edge over their competition. In April 2021, Teys USA, a joint venture between Cargill and Teys Australia, launched a new line of fully cooked grass-fed beef products, including Smokehouse Chipotle Beef Brisket, Garlic Herb Mediterranean-Style Beef, Beef Barbacoa, and Beef Chimichurri. Such developments are expected to boost the growth of the global grass-fed beef market during the forecast period. For more insights on the historic (2017 to 2021) and forecast market size (2023 to 2027) – Request a report sample
What`s New for 2023?
- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial
Grass-fed Beef Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.9% |
Market growth 2023-2027 |
USD 12.15 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.06 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 27% |
Key countries |
US, China, Australia, UK, and Brazil, Canada, Mexico, Italy, Spain, Japan, Australia, and South Korea |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abel and Cole Ltd., Cabriejo LLC, Conagra Brands Inc., Coombe Farm Retail Ltd., Donald Russell Ltd., Eversfield Organic, Fanatical Foods Ltd., Graig Farm Organics, Green Vista Farm LLC, Gwaun Valley Meats, Heritage Cattle Co., Hilltop Angus Farm, Hormel Foods Corp., JBS SA, Perdue Farms Inc., Primal Supply Meats LLC, Rain Crow Ranch, Sysco Corp., Verde Farms, and Cargill Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Grass-fed beef market – Vendor Analysis
The global grass-fed beef market is fragmented with the presence of numerous global as well as regional vendors. Major players are expanding their market share through M&A activities and product innovation. A few prominent vendors that offer grass-fed beef in the market are Abel and Cole Ltd., Cabriejo LLC, Conagra Brands Inc., Coombe Farm Retail Ltd., Donald Russell Ltd., Eversfield Organic, Fanatical Foods Ltd., Graig Farm Organics, Green Vista Farm LLC, Gwaun Valley Meats, Heritage Cattle Co., Hilltop Angus Farm, Hormel Foods Corp., JBS SA, Perdue Farms Inc., Primal Supply Meats LLC, Rain Crow Ranch, Sysco Corp., Verde Farms, and Cargill Inc. and others.
Vendor Offerings -
- Able and Cole Co. – The company offers grass-fed beef products like oils and vinegars.
- Coombe Farm Organic Co. – The company offers grass-fed beef under its subsidiary ConAgra Beef Co.
- Donald Russel Co. – The company offers grass-fed beef products like roast beef boxes and the luxury organic beef box.
- For details on vendors and their offerings – Request a Sample Report!
Grass-fed Beef Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on the product (fresh grass-fed beef and processed grass-fed beef), distribution channel (indirect and direct), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
- The fresh grass-fed segment is a significant contributor to the market share of the global grass-fed beef market. The perception that fresh grass-fed beef is healthier than processed grass-fed beef is driving the demand for the segment. To cater to the demand of health-conscious consumers, vendors are launching new products in the fresh grass-fed beef segment. For instance, in September 2022, Niman Ranch, a beef serving restaurant, launched a new line of USDA-graded, domestic, culinary-driven, 100% grass-fed beef.
Geography Overview
By geography, the global grass-fed beef market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global grass-fed beef market.
- North America is estimated to contribute to 27% of the market growth during the forecast period. The number of new entrants in the market is increasing and it is expected to continue to be the scenario during the forecast period. The grass-fed beef market in North America is characterized by high demand for packaged beef. There is also an increased preference to purchase packaged meat products instead of fresh meat in the region due to the lifestyle of the majority of the population. Factors like this are expected to drive the growth of the market in the region during the forecast period.
Get insights on the market contribution of various segments including country and region wise, historic (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report
Grass-fed Beef Market – Market Dynamics
Leading trends influencing the market
The grass-fed beef products market is witnessing a new packaging trend. This can influence the growth of the global market. To improve product visibility, vendors are coming up with attractive packaging and designs. For instance, in December 2020, Amcor launched new packaging for fresh and processed meat named Eco-Tite, which is recyclable and shrink-free. Upgrades like these may impact the growth of the market positively.
Major challenges hindering the market growth
The growing popularity of the vegan lifestyle is a major threat to the market. People are abstaining from the usage of animal derivative products to reduce the risk of heart disease, obesity, and other health issues. Food-service outlets are catering to the needs of these dietary habits by offering vegetarian and vegan options for cheeses, burgers, and beverages on their menu. The vegan population is expected to grow during the forecast period, which is a factor that may hinder the growth of the market.
Find more insights on market dynamics from a sample report!
What are the key data covered in this Grass-fed Beef Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Grass-fed Beef Market between 2023 and 2027
- Precise estimation of the size of the Grass-fed Beef Market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the Grass-fed Beef Market industry across North America, APAC, Europe, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Grass-fed Beef Market vendors
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Related Reports:
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The artificial meat market size is expected to increase by USD 137.42 million from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 15.50%. The growing prominence of cellular agriculture is one of the significant factors driving the growth of the artificial meat market.
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global grass-fed beef market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global grass-fed beef market 2017 - 2021 ($ billion)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
- 4.3 Distribution channel Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Fresh grass-fed beef - Market size and forecast 2022-2027
- Exhibit 34: Chart on Fresh grass-fed beef - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Fresh grass-fed beef - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Fresh grass-fed beef - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Fresh grass-fed beef - Year-over-year growth 2022-2027 (%)
- 6.4 Processed grass-fed beef - Market size and forecast 2022-2027
- Exhibit 38: Chart on Processed grass-fed beef - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Processed grass-fed beef - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Processed grass-fed beef - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Processed grass-fed beef - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ billion)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 45: Chart on Comparison by Distribution Channel
- Exhibit 46: Data Table on Comparison by Distribution Channel
- 7.3 Indirect - Market size and forecast 2022-2027
- Exhibit 47: Chart on Indirect - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Data Table on Indirect - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Chart on Indirect - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Indirect - Year-over-year growth 2022-2027 (%)
- 7.4 Direct - Market size and forecast 2022-2027
- Exhibit 51: Chart on Direct - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on Direct - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on Direct - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Direct - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 55: Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 57: Chart on Market share by geography 2022-2027 (%)
- Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 UK - Market size and forecast 2022-2027
- Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.11 Australia - Market size and forecast 2022-2027
- Exhibit 93: Chart on Australia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on Australia - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on Australia - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Australia - Year-over-year growth 2022-2027 (%)
- 9.12 Brazil - Market size and forecast 2022-2027
- Exhibit 97: Chart on Brazil - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on Brazil - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on Brazil - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 101: Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 102: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 104: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 105: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 106: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 107: Matrix on vendor position and classification
- 12.3 Abel and Cole Ltd.
- Exhibit 108: Abel and Cole Ltd. - Overview
- Exhibit 109: Abel and Cole Ltd. - Product / Service
- Exhibit 110: Abel and Cole Ltd. - Key offerings
- 12.4 Conagra Brands Inc.
- Exhibit 111: Conagra Brands Inc. - Overview
- Exhibit 112: Conagra Brands Inc. - Business segments
- Exhibit 113: Conagra Brands Inc. - Key news
- Exhibit 114: Conagra Brands Inc. - Key offerings
- Exhibit 115: Conagra Brands Inc. - Segment focus
- 12.5 Coombe Farm Retail Ltd.
- Exhibit 116: Coombe Farm Retail Ltd. - Overview
- Exhibit 117: Coombe Farm Retail Ltd. - Product / Service
- Exhibit 118: Coombe Farm Retail Ltd. - Key offerings
- 12.6 Fanatical Foods Ltd.
- Exhibit 119: Fanatical Foods Ltd. - Overview
- Exhibit 120: Fanatical Foods Ltd. - Product / Service
- Exhibit 121: Fanatical Foods Ltd. - Key offerings
- 12.7 Graig Farm Organics
- Exhibit 122: Graig Farm Organics - Overview
- Exhibit 123: Graig Farm Organics - Product / Service
- Exhibit 124: Graig Farm Organics - Key offerings
- 12.8 Green Vista Farm LLC
- Exhibit 125: Green Vista Farm LLC - Overview
- Exhibit 126: Green Vista Farm LLC - Product / Service
- Exhibit 127: Green Vista Farm LLC - Key offerings
- 12.9 Gwaun Valley Meats
- Exhibit 128: Gwaun Valley Meats - Overview
- Exhibit 129: Gwaun Valley Meats - Product / Service
- Exhibit 130: Gwaun Valley Meats - Key offerings
- 12.10 Heritage Cattle Co.
- Exhibit 131: Heritage Cattle Co. - Overview
- Exhibit 132: Heritage Cattle Co. - Product / Service
- Exhibit 133: Heritage Cattle Co. - Key offerings
- 12.11 Hilltop Angus Farm
- Exhibit 134: Hilltop Angus Farm - Overview
- Exhibit 135: Hilltop Angus Farm - Product / Service
- Exhibit 136: Hilltop Angus Farm - Key offerings
- 12.12 Hormel Foods Corp.
- Exhibit 137: Hormel Foods Corp. - Overview
- Exhibit 138: Hormel Foods Corp. - Business segments
- Exhibit 139: Hormel Foods Corp. - Key news
- Exhibit 140: Hormel Foods Corp. - Key offerings
- Exhibit 141: Hormel Foods Corp. - Segment focus
- 12.13 Perdue Farms Inc.
- Exhibit 142: Perdue Farms Inc. - Overview
- Exhibit 143: Perdue Farms Inc. - Product / Service
- Exhibit 144: Perdue Farms Inc. - Key offerings
- 12.14 Primal Supply Meats LLC
- Exhibit 145: Primal Supply Meats LLC - Overview
- Exhibit 146: Primal Supply Meats LLC - Product / Service
- Exhibit 147: Primal Supply Meats LLC - Key offerings
- 12.15 Rain Crow Ranch
- Exhibit 148: Rain Crow Ranch - Overview
- Exhibit 149: Rain Crow Ranch - Product / Service
- Exhibit 150: Rain Crow Ranch - Key offerings
- 12.16 Sysco Corp.
- Exhibit 151: Sysco Corp. - Overview
- Exhibit 152: Sysco Corp. - Business segments
- Exhibit 153: Sysco Corp. - Key offerings
- Exhibit 154: Sysco Corp. - Segment focus
- 12.17 Verde Farms
- Exhibit 155: Verde Farms - Overview
- Exhibit 156: Verde Farms - Product / Service
- Exhibit 157: Verde Farms - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 158: Inclusions checklist
- Exhibit 159: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 160: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 161: Research methodology
- Exhibit 162: Validation techniques employed for market sizing
- Exhibit 163: Information sources
- 13.5 List of abbreviations
- Exhibit 164: List of abbreviations
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