Beef Market Robust Pace of Industry During 2022-2030
The companies analysed in the report include Tyson Foods, JBS S.A., Sysco Corporation, Danish Crown, Marfrig Global Foods, Hormel Food Corporation, Minerva, Cargill Meat Solution Corporation, Perdue Farms, OSI Group. The Global Beef Market was valued at USD 323.45 Billion in the year 2020. Beef is becoming more popular as people look for higher protein and low-fat substitutes for a healthier lifestyle. The market is driven by improved living standards, higher disposable income and rapid expansion of middle-income consumers, thus driving the global market for beef. The rising population has resulted in a transition in recent years, in association with spending income on higher-value food items like meat protein has resulted in rising consumption of beef.
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