Organic Beef Market to Reach US$ 28 Bn by 2030; Market to Experience Short-term Growth Hiccups Due to COVID-19 Outbreak


  • Published On : Oct 26, 2020

Rising awareness about high-quality food that contributes to good health and provides nutritional value has inclined the population toward healthy diets. Organic beef contains necessary protein that allows health-conscious consumers to follow a healthy diet. In future, rearing cattle on certified organic fodder will become more lucrative than conventional methods. Demand for organic foods has been fueled by consumer concerns regarding food safety, which, in turn, is driving the growth of the global organic beef market.

Millennials are also becoming more concerned about their health, which has resulted in increased expenditure on natural and organic food, as it is perceived to be healthy with cruelty-free. This age group prefers products that offer health benefits and abundant proteins, and the trend is expected to continue over the forecast period, thus surging the organic beef market.

The global organic beef market has witnessed substantial growth in the past few years, and this trend is expected to continue over the coming years too, at a healthy CAGR of around 7% through 2030.

Key Takeaways from Organic Beef Market Study

  • By type, processed meat will have the highest value share in the global organic beef market during the forecast period (2020-2030). The key contributing factor is higher consumption of processed meat among consumers through numerous foodservice channels.
  • By the end of the forecast period, the global organic beef market is expected to be dominated by the business to consumer sales segment, owing to highly organized retail channels for meat products.
  • Ground beef is estimated to witness the highest CAGR among other processed meat sub-segments. This is due to the higher utilization of ground beef in processed food products.
  • Among the business to consumer segments, online retailers and independent retailers are expected to exhibit beneficial growth rates in the global organic beef market. Product presence on online sales channels makes it convenient for both, manufacturers as well as consumers to purchase and sell products.
  • The COVID-19 pandemic is projected to moderately impact the global organic beef market adversely in the short term.

“Manufactures in the organic beef market could gain wide profits by targeting health-conscious consumers along with foodservice providers due to anticipated high demand for organic beef products such as steak, patties, and ground beef in hotels and  restaurants,. Moreover, increasing retail sales of organic beef is another potential growth factor for the market,” says a PMR analyst.

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Organic Beef Market: Competitive Landscape

Manufacturers in the organic beef market are increasing product presence on online retail channels to meet the requirements of customers. Organic beef manufacturers are offering products with proper certifications from national and regional authorities to provide high quality products to consumers. Furthermore, manufacturers are also keen to cater to the extensively growing health-conscious consumer base that is increasingly adopting organic products, including organic beef.

Explore More Valuable Insights on Global Organic Beef Market

Persistence Market Research, in its new report, offers an impartial analysis of the global organic beef market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the organic beef market based type (fresh meat and processed meat) and distribution channel (business to business and business to consumer), across seven regions.

For additional insights on how the organic beef market will shape up over the next decade, write to media@persistencemarketresearch.com

About Food & Beverage Division at Persistence Market Research

The Food and Beverages team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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