Strategic Partnerships and Investments: Key Trend in Global Beef Market

Published: May 2024

Global beef market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). The increasing demand for beef, particularly in emerging economies with expanding middle-class populations has created demand for proper supply chain of beef. Therefore, key players operating in the global beef market are adopting advanced platforms to increase transperancy in the beef supply chain. For instance, in January 2024, Vytelleannounced an exciting partnership with Blocktrust Network, an innovative platform focused on improving transparency and efficiency in the beef supply chain. This pioneering collaboration marks the first of its kind and brings together Vytelle's expertise in curating the world's largest feed efficiency database with Blocktrust Network's API-driven approach. Together, the entities aim to target the feeder cattle market and leverage their unique strengths to drive advancements in the industry.

Browse the full report description of “Beef Market Size, Share & Trends Analysis Report by Cut Type (Ground, Roasts and Steaks) and by Distribution Channel (Retail Sales, HoReCa and Butcher Shops) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/beef-market

Further, in April 2021, Tyson Foods made a strategic investment in a cattle traceability program to safeguard its production operations against disease outbreaks. This proactive measure underscores the company's commitment to maintaining the integrity and safety of its supply chain, thereby ensuring the continued delivery of high-quality products to consumers.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Cut Type

o By Distribution Channel

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includesThe Kroger Co., Marfrig Global Foods S.A., w, Sysco Corp., JBS S.A. and others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Beef Market Report Segment

By Cut Type

  • Ground
  • Roasts
  • Steaks

By Distribution Channel

  • Retail Sales
  • HoReCa
  • Butcher Shop

Global Beef Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/beef-market