Grass-fed Beef Market: Insights into Market CAGR, Market Trends, and Growth Strategies

The "Grass-fed Beef Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Grass-fed Beef market is expected to grow annually by 13.3% (CAGR 2024 - 2031).

This entire report is of 158 pages.

Grass-fed Beef Introduction and its Market Analysis

Grass-fed beef is meat from cattle that have been raised on a diet of grass instead of grains. The global grass-fed beef market is experiencing significant growth due to increasing consumer demand for healthier and more sustainable food options. Major factors driving revenue growth include the rising awareness of the health benefits of grass-fed beef, as well as the growing concern over the environmental impact of conventional meat production. Key players in the market include Conagra Brands, Verde Farm, Hormel Foods, JBS, Sysco Corporation, OBE Organic, Strauss Brands, Arizona Grass Raised Beef Company, Top Grass Cattle Co., and Morris Grassfed Beef. The main findings of the report highlight the increasing popularity of grass-fed beef and the opportunities for companies to capitalize on this trend. Recommendations include focusing on product innovation, marketing strategies, and sustainable sourcing practices.

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The grass-fed beef market is experiencing steady growth, with consumers increasingly seeking out healthier and more sustainable options. This market can be segmented into Fresh Grass-finished Beef and Processed Grass-finished Beef. The former appeals to health-conscious individuals looking for high-quality, natural meat, while the latter caters to convenience-seeking consumers.

In terms of application, the grass-fed beef market is divided into Retail, Food Service, and Others. Retail outlets offer grass-fed beef products directly to consumers, while Food Service establishments incorporate them into their menus. The "Others" category encompasses various other food industry segments.

Regulatory and legal factors play a crucial role in shaping the grass-fed beef market's conditions. Government regulations may impact the production, processing, labeling, and distribution of grass-fed beef. Additionally, legal considerations related to animal welfare, food safety, and environmental sustainability can influence consumer preferences and purchasing decisions. Overall, the grass-fed beef market's growth is driven by changing consumer attitudes towards health, sustainability, and ethical food production.

Top Featured Companies Dominating the Global Grass-fed Beef Market

The grass-fed beef market is highly competitive with several key players dominating the industry. Some of the major companies operating in the grass-fed beef market include Conagra Brands, Verde Farm, Hormel Foods, JBS, Sysco Corporation, OBE Organic, Strauss Brands, Arizona Grass Raised Beef Company, Top Grass Cattle Co., and Morris Grassfed Beef.

These companies utilize various strategies such as product innovation, strategic partnerships, and marketing initiatives to capitalize on the growing demand for grass-fed beef. For example, Conagra Brands has introduced a range of grass-fed beef products under its brands, while Verde Farm focuses on sustainable farming practices to produce high-quality grass-fed beef. Hormel Foods has also entered the market with its grass-fed beef offerings, catering to health-conscious consumers.

JBS, one of the largest meat processing companies in the world, has expanded its grass-fed beef production to meet the increasing consumer preferences for natural and organic products. Sysco Corporation, a global foodservice distributor, partners with grass-fed beef suppliers to offer premium products to its customers.

In terms of sales revenue, JBS reported $ billion in revenue in 2020, while Hormel Foods generated approximately $9.6 billion in sales during the same year. Conagra Brands reported revenue of $11.3 billion in 2020.

Overall, these companies play a crucial role in driving the growth of the grass-fed beef market by offering high-quality products, expanding their distribution networks, and raising consumer awareness about the benefits of grass-fed beef. Their continued commitment to sustainability and product quality will further propel the market expansion in the coming years.

• Conagra Brands
• Verde Farm
• Hormel Foods
• JBS
• Sysco Corporation
• OBE Organic
• Strauss Brands
• Arizona Grass Raised Beef Company
• Top Grass Cattle Co.
• Morris Grassfed Beef

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Grass-fed Beef Market Analysis, by Type:

• Fresh Grass-finished Beef
• Processed Grass-finished Beef

Fresh Grass-finished Beef comes from cattle that exclusively graze on fresh grass for their entire lives, resulting in lean and nutrient-rich meat. Processed Grass-finished Beef is produced from cattle that are transitioned to a grass diet before being processed for consumption. Both types of grass-fed beef are considered more sustainable and environmentally friendly than conventional grain-fed beef. The demand for Grass-fed Beef has been boosted due to increasing consumer awareness of the health benefits, ethical treatment of animals, and environmental impact of grass-fed cattle farming. Additionally, the superior taste and quality of grass-fed beef have also fueled its popularity.

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Grass-fed Beef Market Analysis, by Application:

• Retail
• Food Service
• Others

Grass-fed beef is used in various applications such as retail, food service, and other sectors like high-end restaurants and specialty food stores. Retail sales involve selling grass-fed beef directly to consumers through supermarkets and butcher shops. In food service, grass-fed beef is used in restaurants, cafes, and meal delivery services. The fastest-growing application segment in terms of revenue is the food service sector, as more consumers are turning to grass-fed beef for its health benefits and environmentally friendly production methods. Additionally, grass-fed beef has gained popularity in the online marketplace, with an increasing number of online retailers selling premium grass-fed beef products.

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Grass-fed Beef Industry Growth Analysis, by Geography:

North America:

• United States
• Canada

Europe:

• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:

• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:

• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:

• Turkey
• Saudi
• Arabia
• UAE
• Korea

The grass-fed beef market is experiencing significant growth in regions such as North America, Asia-Pacific (APAC), Europe, USA, and China. North America is expected to dominate the market with a market share of around 40%, followed by Europe with a market share of approximately 25%. The USA and China are also expected to be key players in the market, each with a market share of around 15%. Overall, the grass-fed beef market is projected to continue growing in all regions, with North America leading the way in terms of market share and valuation.

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