Beef Market Analysis By Grade (Kosher, Halal), By Product (Ground Beef, Steaks, Cubed) And Segment Forecasts To 2020

Published: Jun, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

Global Beef Market By Grade (Kosher, Halal), By Product (Ground Beef, Steaks, Cubed) Expected to Reach USD 2151 Billion by 2020
June 2014
The global market for beef is expected to reach USD 2,151 billion by 2020. Beef is the third largest consumed meat globally, with growing consumer preference towards meat as source of protein expected to drive demand for beef over the forecast period. In addition, growing disposable income in emerging markets has resulted in increased consumption of beef in comparison to pork and poultry. In addition, the market is expected to witness significant growth owing to food safety issues such as chemical residue and pathogen detection in other meat products.

Ground beef were the largest consumed product, with demand exceeding 29,500 kilo tons in 2013. Popularity of ground beef comes from its use in hamburgers and meat balls. Beef steaks are expected to be the fastest growing segment due to increased preference for high quality beef, particularly in North America. The segment is expected to witness growth at an estimated CAGR of 1.24% from 2014 to 2020.

Further key findings from the study suggest:

The global beef demand was 67,421 kilo tons in 2012 and is expected to reach 72,931 kilo tons by 202, growing at a CAGR of 1.15% from 2014 to 2020
Asia Pacific is expected to be the largest regional market for beef with revenue exceeding USD 580 billion in 2013. Growing disposable income of China coupled with high preference towards red meat is expected to be a key driver for the market over the forecast period.
North America was a significant contributor to beef demand with consumption in excess of 12,000 kilo tons in 2013. The RoW market is predominantly driven by growing demand in countries such as Brazil, Mexico and Chile.
Increasing demand for halal beef in predominantly Islamic nations in Middle East and Africa is expected to be a key factor having a positive impact on the market over the forecast period. The demand for Kosher beef is expected to increase in North America owing to consumer preference towards safe quality and healthier beef.
The global market was moderately consolidated with the top four companies accounting for over 70% of the market in 2013. The key companies in the market include Tyson Foods, JBS, National Beef Company and Cargill Meat Solutions.
For the purpose of this study, Grand View Research has segmented the Global Beef market on the basis of grade, product and region:

Beef Grade Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2020)
Kosher
Halal
Others
Beef Product Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2020)
Ground beef
Steaks
Cubed beef
Beef Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2012 - 2020)
North America
Europe
Asia Pacific
RoW

 Table of Contents
Chapter 1 Executive Summary

                1.1 Beef - Industry Summary & Critical Success Factors (CSFs)  

Chapter 2 Beef Industry Outlook                                                       

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Beef Value Chain Analysis                                              

                2.4 Beef Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Beef as a source of protein

                        2.4.1.2 Increasing Chinese disposable income

                    2.4.2 Market restraint analysis

                        2.4.2.1 High price of beef in comparison to other forms of meat

                        2.4.2.2 Health hazards associated with consumption of beef

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Beef - Company Market Share Analysis

                2.8 Beef - PESTEL Analysis 

Chapter 3 Beef Grade Outlook                                                         

                3.1 Kosher

                    3.1.1. Global beef demand in kosher, 2012-2020, (Kilo Tons), (USD billion)

                3.2 Halal

                    3.2.1 Global beef demand in halal, 2012-2020, (Kilo Tons), (USD billion)

                3.3 Others

                    3.3.1 Global beef demand in other grades, 2012-2020, (Kilo Tons), (USD billion)

Chapter 4 Beef Product Outlook                                                       

                4.1 Ground beef

                    4.1.1. Global demand for ground beef, 2012-2020, (Kilo Tons), (USD billion)

                4.2 Streak beef

                    4.2.1 Global demand for steaks beef, 2012-2020, (Kilo Tons), (USD billion)

                4.3 Cubed beef

                    4.3.1 Global demand for cubed beef, 2012-2020, (Kilo Tons), (USD billion)

Chapter 5 Beef Region Outlook

                5.1 North America

                    5.1.1 North America beef market volume & revenue by grade, 2012-2020 (Kilo Tons), (USD billion)

                    5.1.2 North America beef market volume & revenue by product, 2012-2020 (Kilo Tons), (USD billion)

                5.2 Europe

                    5.2.1 Europe beef market volume & revenue by grade, 2012-2020 (Kilo Tons), (USD billion)

                    5.2.2 Europe beef market volume & revenue by product, 2012-2020 (Kilo Tons), (USD billion)

                5.3 Asia Pacific

                    5.3.1 Asia Pacific beef market volume & revenue by grade, 2012-2020 (Kilo Tons), (USD billion)

                    5.3.2 Asia Pacific beef market volume & revenue by product, 2012-2020 (Kilo Tons), (USD billion)

                5.4 RoW

                    5.4.1 RoW beef market volume & revenue by grade, 2012-2020 (Kilo Tons), (USD billion)

                    5.4.2 RoW beef market volume & revenue by product, 2012-2020 (Kilo Tons), (USD billion)

Chapter 6 Beef Competitive Landscape

               6.1 Tyson Foods, Inc.

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

               6.2 Danish Crown

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

               6.3 Cargill Meat Solutions Corp.

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                    6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

               6.4 Marfrig Global Foods S.A.

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

               6.5 Nipponham Group

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

               6.6 Minerva Foods

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

               6.7 St Helen's Meat Packers

                    6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

               6.8 Hormel Foods

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                    6.8.4 Strategic Initiatives

               6.9 JBS

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

               6.10 National Beef

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives

               6.11 VION

                    6.11.1 Company Overview

                    6.11.2 Financial Performance

                    6.11.3 Product Benchmarking

                    6.11.4 Strategic Initiatives

Chapter 7 Methodology & Scope                                          

                7.1 Research Methodology                                       

                7.2 Research Scope & Assumptions                                     

                7.3 List of Data Sources                                           


List of Tables


Beef - Industry Summary & Critical Success Factors (CSFs)
Global beef market volume and revenue, 2012 - 2020
Beef Key driver analysis
Beef - Key restraint analysis
Beef demand from kosher, (volume & revenue), 2012-2020
Beef from kosher, by region, (volume & revenue), 2012-2020
Beef demand from halal, (volume & revenue), 2012-2020
Beef demand from halal, by region, (volume & revenue), 2012-2020
Beef demand from others, (volume & revenue), 2012-2020
Beef demand from others, by region, (volume & revenue), 2012-2020
Global demand for ground beef, (volume & revenue), 2012-2020
Global demand for ground beef, by region, (volume & revenue), 2012-2020
Global demand for beef steaks, (volume & revenue), 2012-2020
Global demand for beef steaks, by region, (volume & revenue), 2012-2020
Global demand for cubed beef, (volume & revenue), 2012-2020
Global demand for cubed beef, by region, (volume & revenue), 2012-2020
North America beef market volume, by grade, 2012 - 2020 (Kilo Tons)    
North America beef market revenue, by grade, 2012 - 2020 (USD Billion)
North America beef market volume, by product, 2012 - 2020 (Kilo Tons) 
North America beef market revenue, by product, 2012 - 2020 (USD Billion)
Europe beef  market volume, by grade, 2012 - 2020 (Kilo Tons)  
Europe beef market revenue, by grade, 2012 - 2020 (USD Billion)
Europe beef  market volume, by product, 2012 - 2020 (Kilo Tons)           
Europe beef market revenue, by product, 2012 - 2020 (USD Billion)
Asia Pacific beef market volume, by grade, 2012 - 2020 (Kilo tons)        
Asia Pacific beef market revenue, by grade, 2012 - 2020 (USD Billion)
Asia Pacific beef market volume, by product, 2012 - 2020 (Kilo tons)     
Asia Pacific beef market revenue, by product, 2012 - 2020 (USD Billion)
RoW beef market volume, by grade, 2012 - 2020 (Kilo Tons)      
RoW beef market revenue, by grade, 2012 - 2020 (USD Billion)
RoW beef market volume, by product, 2012 - 2020 (Kilo Tons)   
RoW beef market revenue, by product, 2012 - 2020 (USD Billion)

List of Figures

Beef market segmentation
Global beef market (Volume & Revenue), 2012 - 2020
Beef Value chain analysis
Beef - Market dynamics
Beef - Company market share analysis, 2013
Key opportunities prioritized
Industry analysis - Porter's
Beef PESTEL analysis, 2013
Global beef market volume share, by grade, 2013 & 2020
Global demand for kosher beef, (volume & revenue), 2012-2020
Global demand for halal beef, (volume & revenue), 2012-2020
Global beef demand for other grades, (volume & revenue), 2012-2020
Global beef market volume share, by product, 2013 & 2020
Global demand from ground beef, (volume & revenue), 2012-2020
Global demand from steaks beef, (volume & revenue), 2012-2020
Global demand from cubed beef, (volume & revenue), 2012-2020
Global beef market volume share, by region, 2013 & 2020
North America beef market estimates and forecast, 2012-2020 (Kilo Tons), (USD Billion) 
Europe beef market estimates and forecast, 2012-2020 (Kilo Tons), (USD Billion)
Asia Pacific beef market estimates and forecast, 2012-2020 (Kilo Tons), (USD Billion)
RoW beef market estimates and forecast, 2012-2020 (Kilo Tons), (USD Billion)