Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC077414 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Beef Market is expected to gain growth in the coming time zone. The growth in Africa Beef market is largely driven by an increase in disposable income of the population. The growing number of QSRs in the region are attracting customers on their value, promotions and discounts leading to increase in demand for the processed meat products. Also the increased frequency of dining out and growing influence of cross culture dietary patterns are contributing to the market growth. However, the rising cost of raw materials used in feed is a major restraint to the market. The climate also provides a serious challenge in raising cattle’s and producing feed for the same. Religious practices further reduce the consumption of Beef in some regions of Africa. The livestock market saw a decline during COVID-19 outbreak as the government put restrictions in place to curb the spread of the virus. Also the imposed restrictions on retail shops and restaurants further reduced the demand for Beef products.
According to 6Wresearch, the Africa Beef Market size is anticipated to register growth during 2021-2027. The Government of Egypt has taken steps to increase the production of feed for cattle. Also the cattle population has been increasing over years due to proper checks for animal diseases put in place by the government. The growing demand, availability of cattle and stabilized inflation all hint towards a growth in the region. South Africa imports majority of its Beef products due to reduction in domestic production due to droughts in 2017 and covid outbreak in 2019 faced by the country. Despite this the demand for Beef products is on rise due to the popularity of QSR chains in the country. South Africa is proving to be an emerging market where vendors are trying to expand their business by means of mergers, acquisitions and partnerships. Companies are promoting the importance of animal protein in the region. The market is more consolidated than fragmented in nature. Key players in the country are Tiger Brands, RCL Foods, Tyson Foods, Eskort Co-operative, and BRF SA, among others.
The Africa Beef products are largely categorized as frozen Beef products, chilled Beef products and fresh Beef products. Chilled and frozen products are increasing in popularity due to their use by QSRs which are immensely popular in the region. The distribution channels can be either direct consumer facing or indirect service based. The direct consumer facing distribution channels include supermarkets, grocery stores, specialty retailers, online and others. The indirect service based distribution channels include restaurant chains and QSRs. Indirect distribution channel has the most volume of Beef products being used as the growing busy lifestyle increases demand for convenience food products. Also the influence and growth of cross-cultural dietary patterns has contributed to the growth of restaurants in this region.
The Africa Beef Market report thoroughly covers the market by product type, distribution channels for countries including Egypt, South Africa, Algeria and other key countries. The Africa Beef market outlook report provides an unbiased and detailed analysis of the current Africa Beef market trends, opportunities and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Beef Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Beef Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Beef Market - Industry Life Cycle |
3.4 Africa Beef Market - Porter's Five Forces |
3.5 Africa Beef Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Beef Market Revenues & Volume Share, By Beef Cut, 2020 & 2027F |
3.7 Africa Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2020 & 2027F |
4 Africa Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Beef Market Trends |
6 Africa Beef Market, 2017 - 2027 |
6.1 Africa Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
6.2 Africa Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
7 South Africa Beef Market, 2017 - 2027 |
7.1 South Africa Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
7.2 South Africa Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
8 Nigeria Beef Market, 2017 - 2027 |
8.1 Nigeria Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
8.2 Nigeria Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
9 Kenya Beef Market, 2017 - 2027 |
9.1 Kenya Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
9.2 Kenya Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
10 Rest of Africa Beef Market, 2017 - 2027 |
10.1 Rest of Africa Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
10.2 Rest of Africa Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
11 Africa Beef Market Key Performance Indicators |
12 Africa Beef Market - Opportunity Assessment |
12.1 Africa Beef Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Beef Market Opportunity Assessment, By Beef Cut, 2020 & 2027F |
12.3 Africa Beef Market Opportunity Assessment, By Beef Slaughter Method, 2020 & 2027F |
13 Africa Beef Market - Competitive Landscape |
13.1 Africa Beef Market Revenue Share, By Companies, 2020 |
13.2 Africa Beef Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |