Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Beef Cut (Brisket, Shank, Loin, Others), By Beef Slaughter Method (Kosher, Halal, Others) And Competitive Landscape
Product Code: ETC079502 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Beef Market is anticipated to gain sound growth prospects in the coming time zone. The hectic lifestyle, rapid urbanization, adoption of new lifestyle trends and food habits are contributing to the demand for packaged, ready-to-eat, and convenience food, such as processed meat in Latin America. Processed meat consumption in the region was always high as it was always considered a product of convenience. Beef is one of the preferred meats in this region. The popularity of hamburgers in the region and preference for red meat have driven the demand for Beef in the region. The development of food administration and retail ventures have contributed to the growth. The demand is evident from the fact that the QSR chains in this region compete on the price and diversity of food products offered to clients to grab a significant Market share. In recent years the growing awareness of coronary illness caused due to hectic and undesirable lifestyle and high consumption of processed food products may prove to be inhibiting factors for Market growth. The COVID-19 outbreak in various farms and processing plants led to disruption of supply leading to shortage of Beef products and surge in prices. The region also saw a decline in exports as more stringent laws by other countries were framed to prevent the spread of COVID-19.
According to 6Wresearch, Latin America Beef Market size is anticipated to register growth during 2021-2027. Brazil is one of the largest exporters of Beef with close competition from Australia. However the lower priced Beef from Brazil often manages to grab a significant amount of Market share. It also has a high domestic demand for Beef products due to the popularity of red meat in the country. Argentina on the other hand is experiencing decline in Beef exports mostly due to some interior arrangements. Mexico also is among the largest exporters in the world. These exports are mainly due to Sukarne, the largest cattle feeding and Beef processing company in Mexico. Also the growth in exports are due to governments heavy investments in infrastructure which has enabled companies to reach remote cattle farms in Mexico. The export destinations of these countries include the US, Canada and the Middle East. Some of the major players in Latin America processed Beef meat Market are BRF S.A., Conagra Brands Inc., JBS S.A., Foster Farms, Hormel Foods, among others.
Latin America Beef Market can be divided into three categories based on processing types: chilled Beef products, frozen Beef products and canned Beef products. The chilled Beef products have registered a huge Market growth due to its reduced cooking hours and ability to meet changing desires of consumers 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 online distribution channel is the one with the highest share. The indirect service based distribution channels include restaurant chains and QSRs. The superMarket segment are the leading portion in the Market due to the presence of different products at one place. The online segment is expected to grow in the coming years.
Latin America Beef Market report thoroughly covers the Market by product type, distribution channels for countries including Brazil, Argentina and Mexico. Latin America Beef Market outlook report provides an unbiased and detailed analysis of the current Latin America 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 Latin America Beef Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Beef Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Beef Market - Industry Life Cycle |
3.4 Latin America Beef Market - Porter's Five Forces |
3.5 Latin America Beef Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Beef Market Revenues & Volume Share, By Beef Cut, 2020 & 2027F |
3.7 Latin America Beef Market Revenues & Volume Share, By Beef Slaughter Method, 2020 & 2027F |
4 Latin America Beef Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Beef Market Trends |
6 Latin America Beef Market, 2017 - 2027 |
6.1 Latin America Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
6.2 Latin America Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
7 Brazil Beef Market, 2017 - 2027 |
7.1 Brazil Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
7.2 Brazil Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
8 Mexico Beef Market, 2017 - 2027 |
8.1 Mexico Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
8.2 Mexico Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
9 Argentina Beef Market, 2017 - 2027 |
9.1 Argentina Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
9.2 Argentina Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
10 Rest of Latin America Beef Market, 2017 - 2027 |
10.1 Rest of Latin America Beef Market, Revenues & Volume, By Beef Cut, 2017 - 2027 |
10.2 Rest of Latin America Beef Market, Revenues & Volume, By Beef Slaughter Method, 2017 - 2027 |
11 Latin America Beef Market Key Performance Indicators |
12 Latin America Beef Market - Opportunity Assessment |
12.1 Latin America Beef Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Beef Market Opportunity Assessment, By Beef Cut, 2020 & 2027F |
12.3 Latin America Beef Market Opportunity Assessment, By Beef Slaughter Method, 2020 & 2027F |
13 Latin America Beef Market - Competitive Landscape |
13.1 Latin America Beef Market Revenue Share, By Companies, 2020 |
13.2 Latin America Beef Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |