Skip to main content

Beef Market Is Poised To Achieve Continuing Growth During Forecast Period 2014 - 2025.

In terms of slaughter method, the beef market can be classified into halal and kosher. The kosher segment is anticipated to hold the largest market share over the forecast period owing to increasing consumption across the globe. Growing awareness among consumers regarding the health benefits of consuming Kosher such as quality and food safety is expected to impel the segment’s growth. Kosher is mostly consumed by the Jewish population across the globe. Based on product type, the beef industry can be categorized into the shank, brisket, flank, chuck, loin, and others. The shank segment is anticipated to exhibit significant CAGR over the forecast period. Shank is present in the forearms of the animal in front of the brisket. It is mostly used to make low-fat ground meat.

Download Free Sample  - https://www.millioninsights.com/industry-reports/beef-market/request-sample

Regional segmentation includes North America, Asia Pacific, Europe, Central and South America, and the Middle East and Africa. In 2017, North America dominated the market and accounted for the largest market share. The US was the largest producer of beef in the world and it is likely to dominate the market over the forecast period. This is attributed to the rising demand for processed meat especially loin cuts among consumers. In addition, an increasing number of food outlets selling processed meat is contributing well to market growth. Moreover, the growing Islamic and Jewish population in the US and rising consumption of halal and kosher meat will drive regional market growth in the coming years.

The Asia Pacific, on the other hand, is predicted to exhibit the highest CAGR over the forecast period. This is attributed to the rising demand for beef in countries such as India, China, and Japan. Increasing disposable income and improving the lifestyle of people residing in China are driving regional growth. In addition, people are getting aware of regarding nutritional benefits of beef over other forms of meat. This factor is also expected to impel market growth in this region. Moreover, the increasing number of export activities in India will drive regional market growth in the coming years.

Comments

Post a Comment

Popular posts from this blog

Functional Tea Market is expected to boost the growth of the market over the forecast period.

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. Download Request sample copy -  https://www.innovationmarketresearch.com/market-reports/functional-tea-market/request-sample In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Tea. This report studies the global market size of Functional Tea, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Functional Tea sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sal...
Post a Comment
Read more

Atherectomy Devices Industry Landscape & Scope Till, 2014 - 2025.

Asia pacific can be a potential market for atherectomy devices since countries such as India and china possess the largest number of cardiac patients with an annual incidence of 7 million strokes. Tobacco consumption is rapidly increasing in south Asian countries in conjunction with economic expansion increasing their risk of artery diseases. Reduction of abdominal obesity through lifestyle measures can improve all components of the metabolic syndrome and likely delay the development of both diabetes and atherosclerosis. Beyond lifestyle intervention, optimal management of risk factors to evidence-based targets is essential. Download Free Sample -  https://www.millioninsights.com/industry-reports/atherectomy-devices-market-size/request-sample High awareness of health problems caused due to change in lifestyle and optimal management of risk factors can improve the metabolic syndrome and likely reduce the development of both diabetes and atherosclerosis and hence reducing the de...
Post a Comment
Read more

What are the land and construction requirements to start an Adipic Acid (CAS 124-04-9) manufacturing plant?

  Adipic acid or hexanedioic acid is the most important dicarboxylic acid with the formula (CH2)4(COOH)2. It is produced industrially by the oxidation of cyclohexanone and cyclohexanol with nitric acid. Adipic acid is one of the most important monomers, predominantly as a precursor for the production of nylon 66. The analysts forecast the global adipic acid market to exhibit a CAGR of 4.2% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global adipic acid for 2019-2024. To calculate the market size, the report considers the adipic acid sales volume and revenue. Download Free Sample  -  https://www.radiantinsights.com/research/adipic-acid-cas-124-04-9-market/request-sample The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to...
Post a Comment
Read more