Market Forecast By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe), By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC081276 | Publication Date: Aug 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Report Name | Beef Market |
Report Category / Coverage | Global |
Forecast Period | 2025-2031 |
CAGR | 3.9% |
Market Size | USD 490 billion by 2031 |
Growing Sector | Premium and organic beef |
Beef Market report thoroughly covers the by Beef cut, by beef slaughter method, and by region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Beef Market has been experiencing significant growth over the past few years. As of 2025, the global market is valued at approximately $400 billion. Further, the Global Market is projected to expand at a CAGR of 3.9% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $490 billion.
The beef market is a dynamic sector characterized by diverse production and consumption patterns across different regions. It is driven by multiple factors, including consumer preferences, dietary shifts, economic conditions, and trade policies. In recent years, there has been a growing demand for high-quality beef, propelled by increased disposable incomes and culinary trends emphasizing premium cuts. However, the market faces several challenges, such as fluctuating cattle prices, environmental concerns, and the impact of plant-based protein alternatives. Additionally, geopolitical events and international trade agreements significantly influence beef imports and exports, shaping the global supply chain.
According to 6Wresearch, the Beef Market revenue is expected to reach at a significant CAGR of 3.9% during the forecast period 2025-2031. On the driver's side, global demand for beef continues to rise, fueled by increasing population growth and rising incomes, particularly in developing countries. As disposable incomes increase, consumers often shift towards higher-protein diets, boosting beef consumption. Additionally, advancements in livestock production technologies and breeding techniques have enhanced productivity and efficiency, helping to meet the growing demand.
One major challenge is the environmental impact of beef production, which contributes to deforestation, greenhouse gas emissions, and water consumption. This raise concerns related to sustainability and climate change. Furthermore, the industry faces pressure from health-conscious consumers who are increasingly turning to plant-based alternatives. Animal welfare issues and fluctuating feed costs can also affect market stability. These challenges necessitate continuous innovation and adaptation in the beef industry to maintain its relevance in a rapidly changing world.
Companies like JBS, Tyson Foods, and Cargill stand out as industry leaders, leveraging their extensive networks and scale to supply beef to consumers globally. JBS, headquartered in Brazil, is the world's largest meat processing company, with operations spanning multiple continents. These corporations, alongside other regional players, form the backbone of the global beef market, continually shaping its trends and dynamics through strategic expansions and technological advancements. As a result, there have been ongoing discussions on how to balance the influence of these industry leaders while also creating space for smaller players in the beef market.
Government regulations in the beef market have been aimed at ensuring food safety, promoting sustainability, and protecting both producers and consumers. One significant regulation is the implementation of stricter safety standards for meat processing plants to prevent contamination and outbreaks of foodborne illnesses. Additionally, to address environmental concerns, regulations have been set to reduce greenhouse gas emissions from livestock farming, encouraging the adoption of more sustainable practices such as rotational grazing and the reduction of methane emissions through feed additives. The government also supports transparency and accountability by requiring clear labeling of beef products, which helps consumers make informed decisions.
The future of the beef market is poised for transformation driven by evolving consumer preferences, technological advancements, and sustainability concerns. As consumers become more health-conscious, there is a growing demand for organic and grass-fed beef, which is expected to influence production practices and supply chains. Technological innovations in agriculture, such as precision farming and genetic improvements, are anticipated to increase efficiency and yield while reducing environmental impact. Furthermore, the beef industry faces pressures to adopt more sustainable practices to address environmental and ethical concerns, pushing for reduced carbon footprints and improved animal welfare standards.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Suryakant, Senior Research Analyst, 6wresearch, Brisket holds a significant place in the beef market, renowned for its rich flavors and tender texture when cooked properly. As a cut of meat from the breast or lower chest of beef, brisket is particularly popular in various cuisines and cooking styles, such as barbecue and slow cooking. The popularity of brisket has been on the rise, partly due to its versatility in preparation and the growing appreciation of smoked meats. This has influenced pricing and availability, with a higher demand often resulting in increased market prices.
The halal beef market has witnessed significant growth as global demand for halal products increases. Halal, an Arabic term meaning "permissible," relates not only to dietary compliance under Islamic law but also to ethical considerations throughout the supply chain. In the beef industry, compliance with halal standards involves ensuring that animals are raised and slaughtered in humane conditions, following specific guidelines set forth by Islamic authorities. This market serves a substantial portion of the global Muslim population, but the appeal of halal-certified products has also expanded to non-Muslim consumers who prioritize food safety, quality, and ethical treatment of animals.
The Asia-Pacific (APAC) region plays a pivotal role in the global beef market. As one of the fastest-growing markets, APAC's demand for beef is driven by rising incomes, urbanization, and changing dietary preferences towards higher protein consumption. Countries like China, Japan, and South Korea are leading importers of beef, sourcing from key suppliers such as Australia, the United States, and Brazil. As the middle class continues to expand across the region, it's expected that demand for high-quality beef will increase, creating opportunities for both exporters and local producers.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Asumptions |
3. Beef Market Overview |
3.1 Beef Market Revenues, 2021 - 2031F |
3.2 Beef Market Revenues, By Beef Cut, 2021 & 2031F |
3.3 Beef Market Revenues, By Beef Slaughter Method, 2021 & 2031F |
3.4 Beef Market - Industry Life Cycle |
3.5 Beef Market - Porter’s Five Forces |
4. Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Beef Market Trends |
6. Beef Market Overview, by Beef Cut |
6.1 Beef Market Revenues, by Ordinary Brisket, 2021 - 2031F |
6.2 Beef Market Revenues, By Modified Shank, 2021 - 2031F |
6.3 Beef Market Revenues, By Loin, 2021 - 2031F |
6.4 Beef Market Revenues, By Others, 2021 - 2031F |
7. Beef Market Overview, by Beef Slaughter Method |
7.1 Beef Market Revenues, By Kosher, 2021 - 2031F |
7.2 Beef Market Revenues, By Halal, 2021 - 2031F |
7.3 Beef Market Revenues, By Others, 2021 - 2031F |
8. North America Beef Market Overview |
8.1 North America Beef Market Revenues, 2021 - 2031F |
8.2 North America Beef Market Revenues, By Beef Cut, 2021 - 2031F |
8.3 North America Beef Market Revenues, By Beef Slaughter Method, 2021 - 2031F |
8.4 North America Beef Market Revenues, By Countries, 2021 - 2031F |
9. Latin America Beef Market Overview |
9.1 Latin America Beef Market Revenues, 2021 - 2031F |
9.2 Latin America Beef Market Revenues, By Beef Cut, 2021 & 2031F |
9.3 Latin America Beef Market Revenues, By Beef Slaughter Method, 2021 & 2031F |
9.4 Latin America Beef Market Revenues, By Countries, 2021 & 2031F |
10. Europe Beef Market Overview |
10.1 Europe Beef Market Revenues, 2021 - 2031F |
10.2 Europe Beef Market Revenues, By Beef Cut, 2021 - 2031F |
10.3 Europe Beef Market Revenues, By Beef Slaughter Method, 2021 - 2031F |
10.4 Europe Beef Market Revenues, By Countries, 2021 - 2031F |
11. Middle East Beef Market Overview |
11.1 Middle East Beef Market Revenues, 2021 - 2031F |
11.2 Middle East Beef Market Revenues, By Beef Cut, 2021 - 2031F |
11.3 Middle East Beef Market Revenues, By Beef Slaughter Method, 2021 - 2031F |
11.4 Middle East Beef Market Revenues, By Countries, 2021 - 2031F |
12. Asia Pacific Beef Market Overview |
12.1 Asia Pacific Beef Market Revenues, 2021 - 2031F |
12.2 Asia Pacific Beef Market Revenues, By Beef Cut, 2021 - 2031F |
12.3 Asia Pacific Beef Market Revenues, By Beef Slaughter Method, 2021 - 2031F |
12.4 Asia Pacific Beef Market Revenues, By Countries, 2021 - 2031F |
13. Middle East Beef Market Overview |
13.1 Middle East Beef Market Revenues, 2021 - 2031F |
13.2 Middle East Beef Market Revenues, By Beef Cut, 2021 - 2031F |
13.3 Middle East Beef Market Revenues, By Beef Slaughter Method, 2021 - 2031F |
13.4 Middle East Beef Market Revenues, By Countries, 2021 - 2031F |
14. Beef Market Key Performance Indicators |
15. Beef Market Competitive Landscape |
15.1 Beef Market By Companies, 2024 |
15.2 Latin America Beef Market By Companies, 2024 |
15.3 Europe Beef Market By Companies, 2024 |
15.4 North America Beef Market By Companies, 2024 |
15.5 Asia Pacific Beef Market By Companies, 2024 |
15.6 Middle East Beef Market By Companies, 2024 |
15.6 Middle East Beef Market By Companies, 2024 |
15.7 Turkey Beef Market By Companies, 2024 |
15.8 Rest of Beef Market By Companies, 2024 |
15.9 Beef Market Competitive Benchmarking, By Operating Parameters |
16. Company Profiles |
17. Key Strategic Recommendations |
18. Disclaimer |