The Beef Market in US is being driven by Rising consumer preferences and demand for beef
The Beef Market in US is expected to grow at a CAGR of 3.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 9.1 billion. In the dynamic US beef market, technological advancements and innovation are driving the industry forward. Notably, laboratory-grown meat through cell culture technology is an emerging trend in the global meat sector. Additionally, there is a growing focus on implementing robust traceability systems throughout the beef supply chain. Consumers can now access comprehensive information about the origin of their beef products via unique identification numbers. This data includes details such as breed, date of birth, gender, farm origin, meat processor information, and cattle lineage, ensuring transparency and adherence to production and distribution standards.
Get more information on Beef Market in US by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
166 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.5% |
Market growth 2025-2029 |
USD 9.1 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.3 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The beef market in the US continues to thrive, driven by the demand for animal-sourced protein, particularly among health-conscious consumers in the food sector. Middle class consumers prefer convenience foods rich in nutrients like protein, which beef provides in abundance. Steaks, ground cuts, burgers, rolls, and other beef products are popular choices. The industry caters to various dietary preferences, using sustainable practices and focusing on reducing fat and calorie content. Farm owners source animal feed materials and raise feeder cattle for meat processing facilities. Younger generations are increasingly aware of the protein value of beef and its role in a balanced diet. Plant-based proteins are gaining popularity, but beef remains a significant player in the food industry.
The US beef market, as a segment of the global packaged foods and meats industry, caters to the demand for animal-sourced protein, primarily from middle class consumers seeking convenience and health consciousness. Cafes and eateries, key players in the food sector, source beef cuts such as brisket and shank for their offerings. The market's growth is driven by the health benefits associated with minimally processed foods, including beef, and the increasing popularity of cut and slaughter methods that prioritize humane treatment of livestock. Technavio projects the global packaged foods and meats market's expansion, which covers vendors involved in food processing for extended shelf life and microbe elimination, will continue due to these consumer trends.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted